Brokerages predict that Saul Centers, Inc. (NYSE:BFS) will post sales of $55.96 million for the current quarter, according to Zacks. Three analysts have made estimates for Saul Centers’ earnings, with estimates ranging from $54.27 million to $57.54 million. Saul Centers posted sales of $54.20 million during the same quarter last year, which would indicate a positive year over year growth rate of 3.2%. The company is expected to report its next earnings report on Tuesday, March 6th.

On average, analysts expect that Saul Centers will report full year sales of $55.96 million for the current financial year, with estimates ranging from $216.08 million to $228.46 million. For the next financial year, analysts expect that the business will report sales of $229.87 million per share, with estimates ranging from $222.91 million to $236.31 million. Zacks’ sales averages are an average based on a survey of sell-side analysts that cover Saul Centers.

Several analysts have weighed in on the company. Zacks Investment Research raised Saul Centers from a “sell” rating to a “hold” rating in a report on Tuesday, September 12th. Raymond James Financial reissued a “hold” rating on shares of Saul Centers in a report on Monday. Finally, BidaskClub raised Saul Centers from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th.

In related news, insider Christopher Netter sold 4,000 shares of the stock in a transaction on Monday, October 9th. The stock was sold at an average price of $63.31, for a total transaction of $253,240.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Steven N. Corey sold 11,250 shares of the stock in a transaction on Monday, October 9th. The shares were sold at an average price of $63.26, for a total value of $711,675.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 36,328 shares of company stock worth $2,274,597. Corporate insiders own 48.80% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of BFS. AXA boosted its stake in shares of Saul Centers by 31.6% during the third quarter. AXA now owns 265,941 shares of the real estate investment trust’s stock valued at $16,464,000 after acquiring an additional 63,867 shares during the last quarter. BlackRock Inc. boosted its stake in Saul Centers by 2.7% in the 2nd quarter. BlackRock Inc. now owns 1,748,798 shares of the real estate investment trust’s stock worth $101,395,000 after buying an additional 45,574 shares during the last quarter. Teachers Advisors LLC boosted its stake in Saul Centers by 9.6% in the 2nd quarter. Teachers Advisors LLC now owns 158,536 shares of the real estate investment trust’s stock worth $9,192,000 after buying an additional 13,877 shares during the last quarter. Thrivent Financial For Lutherans boosted its stake in Saul Centers by 141.1% in the 2nd quarter. Thrivent Financial For Lutherans now owns 22,318 shares of the real estate investment trust’s stock worth $1,294,000 after buying an additional 13,060 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in Saul Centers by 5.8% in the 2nd quarter. Northern Trust Corp now owns 209,363 shares of the real estate investment trust’s stock worth $12,139,000 after buying an additional 11,456 shares during the last quarter. 45.48% of the stock is currently owned by institutional investors and hedge funds.

Shares of Saul Centers (NYSE BFS) opened at $62.46 on Wednesday. The company has a debt-to-equity ratio of 4.62, a current ratio of 2.68 and a quick ratio of 2.68. The firm has a market capitalization of $1,401.38, a price-to-earnings ratio of 20.31, a price-to-earnings-growth ratio of 3.97 and a beta of 0.72. Saul Centers has a twelve month low of $55.86 and a twelve month high of $68.33.

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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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Earnings History and Estimates for Saul Centers (NYSE:BFS)

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