For Q1 FY2026 ended March 31, 2026, Saul Centers reported revenue of $78.3 million, up 8.9% year-over-year. Net income was $9.1 million, down 6.9% from the prior year. Operating income rose 8.1% to $51.6 million, while diluted EPS fell 10.3% to $0.26. The company had $9.3 million in cash, $301.9 million in equity, and $1.6 billion in long-term debt.
•Revenue increased 8.9% YoY to $78.3 million.
•Net income decreased 6.9% YoY to $9.1 million.
•Diluted EPS fell 10.3% to $0.26.
•Long-term debt stood at $1.6 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Saul Centers is a self-managed, self-administered equity REIT. Saul Centers currently operates and manages a real estate portfolio comprised of 62 properties, which includes (a) 59 community and neighborhood shopping centers and mixed-use properties with approximately 10.6 million square feet of leasable area and (b) three non-operating land and development properties.
Over 85% of the Saul Centers' property operating income is generated by properties in the Washington, DC/Baltimore metropolitan area. Saul Centers, Inc. is based in Bethesda, Maryland. Saul Centers, Inc. was established on June 10, 1993, and incorporated in Maryland.
Saul Centers, Inc. is a self-managed, self-administered equity real estate investment trust (REIT) that focuses on owning, operating, and managing a portfolio of community and neighborhood shopping centers and mixed-use properties. As of the latest data, the company's portfolio consists of 62 properties, including 59 retail and mixed-use centers with approximately 10.6 million square feet of leasable area, plus three non-operating land and development properties. The company generates income primarily through leasing space to tenants in these properties. Over 85% of its property operating income comes from properties in the Washington, D.C./Baltimore metropolitan area, making it a key player in that regional retail real estate market.
Where is Saul Centers, Inc. listed and in which currency?
Saul Centers, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol BFS-PD. The company's financials are reported in U.S. dollars (USD), which is the official currency of the United States where the company is headquartered and operates. As a U.S.-based REIT, its shares trade in USD, and dividends are typically paid in the same currency. Investors should note that the exchange and currency are standard for companies incorporated in the United States and listed on major U.S. exchanges like the NYSE.
What sector and industry does Saul Centers, Inc. belong to?
Saul Centers, Inc. operates in the Real Estate sector, specifically within the REIT - Retail industry. As a real estate investment trust (REIT), the company is required to distribute at least 90% of its taxable income to shareholders in the form of dividends, which is a common structure for real estate companies. The 'REIT - Retail' classification indicates that the company's primary focus is on retail properties, such as shopping centers and mixed-use developments. This industry segment includes companies that own, manage, and lease retail space to tenants like grocery stores, restaurants, and other service-oriented businesses. Saul Centers' portfolio is heavily concentrated in community and neighborhood shopping centers, which cater to local consumer needs.
Where is Saul Centers, Inc. headquartered and what markets does it serve?
Saul Centers, Inc. is headquartered in Bethesda, Maryland, a suburb of Washington, D.C. The company's primary market is the Washington, D.C./Baltimore metropolitan area, which generates over 85% of its property operating income. This region includes major cities like Washington, D.C., Baltimore, and their surrounding suburbs in Maryland and Virginia. The company's portfolio of 62 properties is concentrated in this area, with a focus on community and neighborhood shopping centers that serve local residents. While the company is based in the United States and operates exclusively within the country, its properties are strategically located in high-density, affluent markets that provide stable demand for retail space.
How does Saul Centers, Inc. make money?
Saul Centers, Inc. generates revenue primarily by leasing space in its portfolio of retail and mixed-use properties to tenants. As a self-managed, self-administered equity REIT, the company directly oversees property operations, including leasing, management, and maintenance, rather than outsourcing these functions. Its portfolio consists of 59 community and neighborhood shopping centers and mixed-use properties with approximately 10.6 million square feet of leasable area, plus three non-operating land and development properties. The company earns rental income from long-term leases with tenants, which typically include base rent plus additional charges for property expenses. Over 85% of its property operating income comes from the Washington, D.C./Baltimore metropolitan area, indicating a strong regional focus. The company was established on June 10, 1993, and incorporated in Maryland.