Saul Centers Q4 revenue rises, net income falls

Saul Centers

27/02/2026 21:20

Overview

U.S. REIT's Q4 revenue rose to $75.1 mln, net income decreased

FFO for Q4 decreased to $21.5 mln, impacted by Hampden House operations

Shopping Center same property net operating income rose 1.3% in Q4

Outlook

Company did not provide specific guidance for future quarters or years in press release

Result Drivers

HAMPDEN HOUSE IMPACT - Initial operations of Hampden House negatively impacted net income by $5.1 mln due to expenses without full occupancy

INCREASED BASE RENT - Higher commercial and residential base rents contributed positively to income

SAME PROPERTY REVENUE DECLINE - Decrease primarily due to non-recurring rental payment in Q4 2024

Company press release: ID:nPn5mGmva

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Rental Revenue
$284.37 mln
FY Net Income
$49.22 mln
FY Property Operating Expenses
$52.03 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the commercial reits peer group is "buy"

Wall Street's median 12-month price target for Saul Centers Inc is $45.50, about 33.3% above its February 26 closing price of $34.14

The stock recently traded at 33 times the next 12-month earnings vs. a P/E of 35 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)