NYSE: BFS · Retail REITs
Saul Centers (BFS) fair value and price range
As of 2 Oct 2026, Faircurve's model values Saul Centers (BFS) at $40.71 a share. The stock last closed at $30.16, which puts the model's fair value 35.0% above the price. No verdict is shown for BFS on this run. The fair value and its range are shown for reference.
Revalued . Price is the close of 2 Oct 2026. Saul Centers, Inc.
Faircurve Insights · 2 Oct 2026
Saul Centers, Inc. (BFS) is a self-managed and self-administered equity REIT, headquartered in Bethesda, Maryland, which actively operates and oversees a real estate portfolio of 60 properties.
Faircurve's model valued Saul Centers, Inc. (BFS) at $40.71 a share on 2 Oct 2026. The fair value blends a cash-flow multiple, a dividend model, and the value of the properties. The previous run, on 26 Sep 2026, gave $41.42, so the fair value moved -1.7%. The model’s calibrated range over 63 trading days is $34.15 to $49.64. The range is built from the fair value, and is calibrated weekly against realised prices, and held the price 60% of the time at this horizon. The evidence grade is High, which for REITs looks at the dividend record of at least three years of paid dividends with no cut.
The model scores the business on quality against comparable companies, which include Getty Realty Corp. (GTY), Four Corners Property Trust, Inc. (FCPT), Urban Edge Properties (UE), Acadia Realty Trust (AKR), Curbline Properties Corp. (CURB), Tanger Inc. (SKT), Phillips Edison & Co. (PECO), and Kite Realty Group Trust (KRG). The stock's moves around its last 8 earnings reports, measured from the close before each report to the close after it, are: 6 Aug 2026 +1.1%, 7 May 2026 +2.9%, 27 Feb 2026 +0.3%, 6 Nov 2025 +2.8%, 7 Aug 2025 +1.6%, 8 May 2025 +2.4%, 28 Feb 2025 -0.3%, and 7 Nov 2024 +2.2%. The median size, ignoring direction, is 1.9%.
Written from the figures on this page for the 2 Oct 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give BFS?
The calibrated range for BFS over 63 trading days is $34.15 to $49.64. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,327 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon.
The price is below this range. For names with fair value 30%+ above price, the calibrated range has held the price 29% of the time over 63 trading days, and 71% ended below it; the typical move was +5.7%.
The model's own range is $37.66 to $43.96.
How does BFS compare with similar companies?
The companies in retail reits closest to Saul Centers in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| GTY Getty Realty Corp. | $28.20 | $31.01 | +10.0% | No verdict on this run |
| FCPT Four Corners Property Trust, Inc. | $21.55 | $19.31 | -10.4% | No verdict on this run |
| UE Urban Edge Properties | $19.70 | $19.22 | -2.4% | No verdict on this run |
| AKR Acadia Realty Trust | $18.63 | $14.67 | -21.3% | Low evidence grade |
| CURB Curbline Properties Corp. | $28.27 | $14.11 | -50.1% | Low evidence grade |
| SKT Tanger Inc. | $35.11 | $30.81 | -12.2% | No verdict on this run |
| PECO Phillips Edison & Co. | $37.76 | $32.32 | -14.4% | Low evidence grade |
| KRG Kite Realty Group Trust | $24.39 | $33.96 | +39.2% | No verdict on this run |
When does BFS report earnings, and how has the stock reacted?
Saul Centers's next earnings report is scheduled for 5 Nov 2026. Companies can move their dates.
How BFS moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 1.9%.
| Report date | Two session move |
|---|---|
| 6 Aug 2026 | +1.1% |
| 7 May 2026 | +2.9% |
| 27 Feb 2026 | +0.3% |
| 6 Nov 2025 | +2.8% |
| 7 Aug 2025 | +1.6% |
| 8 May 2025 | +2.4% |
| 28 Feb 2025 | -0.3% |
| 7 Nov 2024 | +2.2% |
Saul Centers at a glance
Saul Centers, Inc. (BFS) is a self-managed and self-administered equity REIT, headquartered in Bethesda, Maryland. The company actively operates and oversees a real estate portfolio of 60 properties.
- Market value
- $736M
- Sector
- Real Estate
- Industry
- Retail REITs
- Beta to the US market
- -0.15
- First valued by Faircurve
- 11 Jul 2026
How the fair value is worked out: the model values Saul Centers three ways and blends them; the range around the fair value comes from 2,000 simulations of the dividend model. The full method is documented here.
What changed in the latest valuation?
On 26 Sep 2026 the model's fair value for BFS was $41.42. As of 2 Oct 2026 it is $40.71, a change of -1.7%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Saul Centers's valuation
Is Saul Centers stock undervalued or overvalued?
Faircurve's model puts BFS's fair value at $40.71 a share against a last close of $30.16, as of 2 Oct 2026. No verdict is shown for BFS on this run. The fair value and its range are shown for reference.
What is BFS's fair value?
$40.71 a share as of 2 Oct 2026. The fair value blends three methods: a cash-flow multiple against comparable companies, a dividend model, and the value of the properties. The model's own range is $37.66 to $43.96.
What price range does the model give BFS?
$34.15 to $49.64 over 63 trading days. Ranges built this way held the price 60% of the time across 4,327 past valuations, refreshed 26 Sep 2026.
When does Saul Centers report earnings next?
The next report is scheduled for 5 Nov 2026. Companies can move their dates.
How much has BFS moved on past earnings reports?
Across its last 8 reports the median two session move was 1.9%, ignoring direction. The largest was +2.9% around the report of 7 May 2026.
How confident is the model in this valuation?
The model's evidence grade for BFS is high. For real estate investment trusts (REITs) the grade looks at the dividend record: at least three years of paid dividends with no cut. It is not a probability that the fair value is right, or that the price reaches it.