Saul Centers, Inc. (BFS)
NYSEReal EstateReit - RetailSnapshot 2026-09-04
NYSEReal EstateReit - RetailSnapshot 2026-09-04
QuarterlyIQ Insights · BFS
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 7 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $33 BFS trades at 8.2× p/ffo, below its 12× p/ffo peer median. Our $36 fair value sits above the price. It's a high-confidence read. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| ddm gordon | 12M | $28.68 | — | — | TTM | high |
| graham number | 12M | $24.78 | — | — | TTM | high |
| Peer P/FFO | 12M | $49.58 | 12.5 | 3.97 | TTM | high |
| Peer P/S | 12M | $89.70 | 7.3 | 12.37 | TTM | high |
| residual income | 12M |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
No fragility gates fired.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks more expensive than peers.
Around its own typical valuation.
Trailing four: 2025-Q2, 2025-Q3, 2026-Q1, 2026-Q2
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| $18.59 |
| — |
| — |
| TTM |
| high |
| Own P/E history | 12M | $34.30 | 24.2 | 1.42 | TTM | high |
| triangulated | 12M | $18.23 | 12.5 | 1.46 | Triangulated | high |
| Peer P/FFO | 3Y | $48.55 | 12.5 | 3.89 | Hist. CAGR(prov.) | medium |
| Peer P/S | 3Y | $106.71 | 7.3 | 14.72 | Hist. CAGR(prov.) | medium |
| Own P/E history | 3Y | $55.04 | 24.2 | 2.28 | Hist. CAGR(prov.) | medium |
| Peer P/FFO | 5Y | $47.87 | 12.5 | 3.83 | Hist. CAGR(prov.) | high |
| Peer P/S | 5Y | $121.03 | 7.3 | 16.69 | Hist. CAGR(prov.) | high |
| Own P/E history | 5Y | $62.43 | 24.2 | 2.58 | Hist. CAGR(prov.) | high |