Media stories about Saul Centers (NYSE:BFS) have been trending positive on Wednesday, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Saul Centers earned a coverage optimism score of 0.27 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 46.2016509962148 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Saul Centers (NYSE BFS) traded up $0.20 during trading on Wednesday, hitting $50.56. The stock had a trading volume of 34,678 shares, compared to its average volume of 33,988. The stock has a market cap of $1,129.70, a PE ratio of 30.98, a P/E/G ratio of 3.16 and a beta of 0.69. The company has a debt-to-equity ratio of 4.50, a quick ratio of 2.81 and a current ratio of 2.81. Saul Centers has a 12 month low of $48.11 and a 12 month high of $65.43.
Saul Centers (NYSE:BFS) last released its earnings results on Tuesday, February 27th. The real estate investment trust reported $0.38 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.77 by ($0.39). The business had revenue of $56.68 million for the quarter, compared to analysts’ expectations of $55.50 million. Saul Centers had a net margin of 21.23% and a return on equity of 23.40%. equities analysts forecast that Saul Centers will post 3.25 EPS for the current year.
A number of equities analysts have weighed in on the company. Raymond James Financial restated a “hold” rating on shares of Saul Centers in a report on Monday, December 4th. Zacks Investment Research upgraded Saul Centers from a “sell” rating to a “hold” rating in a report on Monday, February 5th. Finally, DA Davidson set a $55.00 price target on Saul Centers and gave the stock a “hold” rating in a report on Monday, March 5th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $55.00.
In other news, insider James Page Lansdale sold 7,600 shares of the stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $62.51, for a total transaction of $475,076.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 48.80% of the company’s stock.
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Saul Centers Company Profile
Saul Centers, Inc operates as a real estate investment trust. The Company’s principal business activity is the ownership, management and development of income-producing properties. It operates through two segments: Shopping Centers and Mixed-Use Properties. The Company, which conducts all of its activities through its subsidiaries, the Saul Holdings Limited Partnership (Operating Partnership) and Subsidiary Partnerships, engages in the ownership, operation, management, leasing, acquisition, renovation, expansion, development and financing of community and neighborhood shopping centers and mixed-used properties in the Washington, District of Columbia/Baltimore metropolitan area.
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