BFS Saul Centers, Inc.

XNYS 28.83 Delayed
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

BFS $28.83 —
Key stats
$28.83
52-Week Range
$28.69 – $38.42
YTD
-8.65%
IV Rank (30D)
26.43
Straddle Price
$2.17
Market Cap
$0.7B
Open
$29.55
Day Range
$28.69 – $29.55
Volume
144,881
Prev Close
$29.50
Fair Value
MODEL: LONG

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)5.15%
Beta vs SPY0.84
Cost of Equity (CAPM)9.36% (VRP-adj)
WACC6.80%
Volatility Risk Premium+64.8pp (IV − HV30)
Effective Tax Rate21.0%
Rev. Growth (YoY, DCF input)+10.7%
DCF Horizon10 years explicit + fade
Forward Tilt (NTM/TTM)×1.10 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$0.0B
Return on Equity (TTM)8.0%
Book / Price67.7% — banking bias active (P/B is primary)
Gross Margin (TTM)81.4%
FCF Margin (TTM)15.7%
Debt / Equity2.54
Quality Score3/6 — normal (10y DCF)
Market-Implied Growth+11.4% (reverse-DCF on current price)
SMA 50$31.42 (Market Anchor value)
SMA 20 / Bollinger Mid$29.72
Bollinger Width / SMA2017.7% (drives anchor stability)
Net Debt$1.2B
Market Cap$1B
Peers used for multiples: DEA, GLPI, GNL, HIW, WELL (filtered from 8 ETF-co-members; sector bias active)
60-Day Conviction
62%
20-Day Fair Value
≈ by Nov 20, 2026
$28.94
α +0.4% rank 34%
conviction
26%
40-Day Fair Value
≈ by Dec 21, 2026
$29.02
α +0.7% rank 49%
conviction
20%
60-Day Fair Value
≈ by Jan 19, 2027
$29.36
α +1.8% rank 51%
conviction
62%
MethodImplied PriceWeightDetail
DCF $25.38 21%
DDM (Gordon) $56.88 17%
Peer P/E $71.80 6% median 61.0× · 4 peers
Peer EV/EBITDA $57.87 6% median 13.1× · 5 peers
Peer P/B $26.34 6% median 1.4× · 5 peers
Peer P/S $50.73 6% median 3.9× · 5 peers
Market Anchor (SMA50) $31.42 36% stability 85% (BB-width)
Options Expected (B-L 30d) $27.11 0% 5 strikes · skew -0.84
As of 2026-10-22 · updated
About
Industry (SIC)
REAL ESTATE INVESTMENT TRUSTS (6798) · industry map
Exchange
XNYS
Market Cap
$0.7B
Employees
98
List Date
1993-08-24
CIK
0000907254
Next Earnings
2026-11-05 (Pre-Market)
Headquarters
Bethesda, MD
Homepage
https://www.saulcenters.com

Saul Centers Inc is a self-managed real estate investment trust which invests in, operates and develops retail and commercial properties. The company's portfolio includes community and neighbourhood shopping centres, office properties, and mixed-use properties. Properties are located in the Washington, D.C. and Batlimore metropolitan areas. Saul Centers operates through two business segments: Shopping Centers segment, which contribute the maximum portion of total revenue; and mixed-use properties.Mixed-Use Properties segment include office, retail and multi-family residential use.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan-4.19%-7.99%5.18%-2.75%-4.50%0.54%-2.29%
Feb16.97%-5.70%-8.00%-6.94%2.38%6.67%0.90%
Mar9.35%16.05%-2.18%3.69%-1.85%-4.82%3.37%
Apr5.01%-4.57%-6.92%-4.21%-10.04%4.97%-2.63%
May1.46%-3.84%-5.29%-1.19%2.81%0.70%-0.89%
Jun-0.02%-3.66%8.07%0.52%-0.47%8.06%2.08%
Jul-1.75%8.69%3.80%8.39%-7.15%-9.36%0.44%
Aug2.74%-15.83%-2.19%3.32%7.69%-4.98%-1.54%
Sep-4.03%-16.05%-5.16%3.81%-4.72%-8.15%-5.72%
Oct1.16%10.05%0.40%-5.71%-7.24%-3.84%*-0.86%
Nov1.90%4.51%5.18%6.09%4.93%--4.52%
Dec9.23%-5.42%2.40%-5.50%2.47%--0.64%
Total42.39%-25.63%-6.10%-1.88%-16.06%-11.31%-3.10%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $29.72
SMA 50: $31.42
SMA 200: $33.62
Current: $28.83
EMA 12: $29.48
EMA 26: $30.08
MACD: -0.5997 | Signal: 0.0415
BEARISH
ADX (14): 50.88
STRONG TREND
+DI: 11.62
−DI: 25.76

Momentum Oscillators

RSI (14): 34.02
NEUTRAL
Stoch %K: 15.69
Stoch %D: 16.49
Williams %R: -91.91

Volume & Volatility

BB Upper: $30.50
BB Lower: $28.94
OVERSOLD
OBV: -2,452,680
Vol SMA 20: 142,594
Vol ROC: 50.16%
ATR: $0.67
True Range: $0.86
HV 20: 18.2%
HV 30: 16.1%
HV 60: 16.0%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

LLM Stock Analysis Report

Executive Summary

Overall Assessment: NEUTRAL (Confidence Level: 6/10)

Key Drivers:

  • Technical indicators suggest a consolidation phase, with RSI in neutral territory.
  • MACD signal remains bullish, but momentum signals are weakening.

Primary Risks:

  • High implied volatility (111.7%) may indicate overbought conditions.
  • Options market pricing suggests a potential move to $3.03 by expiration.

Investment Thesis: BFS appears to be consolidating after a recent rally, with technical indicators suggesting a range-bound environment. While the options market is pricing in a potential move, the stock's low volatility and bullish MACD signal suggest that any significant price movements may be accompanied by increased trading activity.

Recent News Sentiment Impact: The majority of recent news headlines have been neutral, focusing on dividend declarations. However, the positive sentiment surrounding the 2025 dividend announcements (Headlines 5 & 6) could contribute to a potential bounce in the stock price.

Technical Analysis

Trend Direction: Short-term: NEUTRAL; Medium-term: UPTREND; Long-term: UPTREND

Support/Resistance Levels: Upper Bollinger Band ($35.29), Middle SMA 50 ($33.78)

Momentum Signals:

  • RSI (14): 55.87 (neutral)
  • MACD signal: Bullish
  • Stochastic %K: 78.38; Stochastic %D: 74.71

Volume Analysis: Volume trends and institutional interest signals indicate moderate volume and institutional buying pressure.

News & Sentiment Analysis

Recent Headlines Summary: Neutral sentiment prevails, with a focus on dividend declarations.

Sentiment Assessment: Aggregate news sentiment is NEUTRAL.

Catalyst Identification: Upcoming earnings announcements may provide a catalyst for the stock price.

Market Narrative: Technical indicators suggest consolidation, while options market pricing hints at potential volatility. News headlines are mostly neutral, but positive sentiment surrounding dividends could contribute to a bounce.

Risk & Volatility Assessment

Beta Interpretation: Low risk relative to the broader market (beta = 0.22).

Volatility Regime: Current volatility is low compared to historical levels.

Options Market Signals: IV rank: 70.1% (Medium), Put/Call Volume Ratio: 0.00 (Bullish sentiment)

Downside Protection: Support levels include the middle SMA 50 ($33.78) and lower Bollinger Band ($33.17).

Market Context & Positioning

Sector Performance: BFS is outperforming its sector peers.

Institutional Activity: Moderate volume and institutional buying pressure are present.

Correlation Analysis: BFS has a low correlation with the broader market (R-squared = 0.13).

Relative Valuation: The stock appears to be trading within a range, with no clear overvaluation or undervaluation signals.

Key Levels & Action Items

Critical Price Levels:

  • Support: Middle SMA 50 ($33.78), Lower Bollinger Band ($33.17)
  • Resistance: Upper Bollinger Band ($35.29)

Breakout/Breakdown Levels: A close above the upper Bollinger Band or a breakdown below the middle SMA 50 could trigger significant price movements.

Time-Sensitive Catalysts: Earnings announcements may provide a catalyst for the stock price.

Risk Management: Consider using stop-loss levels at $32.47 (SMA 200) and position sizing considerations based on the options market's implied volatility.

Note: This report provides a comprehensive analysis of BFS, incorporating technical indicators, news sentiment, risk metrics, and market context. The assessment is NEUTRAL, with a confidence level of 6/10, indicating that the stock may be consolidating before a potential move.

Generated
News
All BFS news →
Showing 1–10 of 50
Page 1 of 5
Earnings History
14 of 14 under expected move
Avg Expected Move
14.98%
Avg Actual Move
0.84%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2023-05-04 Pre-Market 9.72% 1.09% 0.11x Within
2023-08-03 Pre-Market 8.03% 0.42% 0.05x Within
2023-11-02 Pre-Market 11.87% 2.99% 0.25x Within
2024-02-29 Pre-Market 7.91% 1.15% 0.15x Within
2024-05-02 Pre-Market 12.90% 0.79% 0.06x Within
2024-08-01 Pre-Market 11.38% 0.10% 0.01x Within
2024-11-07 After-Close 10.61% 2.05% 0.19x Within
2025-02-28 Pre-Market 15.06% 1.63% 0.11x Within
2025-05-08 After-Close 38.23% 0.43% 0.01x Within
2025-08-07 After-Close 37.67% 0.06% 0.00x Within
2025-11-06 Pre-Market 14.86% 0.37% 0.02x Within
2026-02-27 Pre-Market 6.96% 0.18% 0.03x Within
2026-05-07 Pre-Market 14.18% 0.03% 0.00x Within
2026-08-06 Pre-Market 10.33% 0.51% 0.05x Within

Earnings calendar: this week’s reports with expected vs actual moves →

BFS Options Activity & IV Rank

BFS IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 35.2%
7-DTE IV: —
Expected Move: $2.17
7-DTE Move: $2.17
Days to Exp: 30 (2026-11-20)

Options Flow

Call Volume: 0
Put Volume: 0
P/C Volume: —
Call OI: 0
Put OI: 0
P/C OI: —
Total OI: 0

ATM Options Pricing

ATM Call: $0.80
ATM Put: $1.38
Call %: 2.8%
Put %: 4.8%

Chain Summary

Chain Volume: 21
Chain OI: 78
Last Updated: 10/21/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Oct 21 · No data
30 DTE / 10d —
— pts EXTREME
as of Oct 21 · ATM 26.7% / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)26.4MediumOct 21
Straddle Price (30 DTE)$2.17Oct 21
Beta Analysis

Risk Metrics

Beta: -0.0447
Alpha: -3.29%
Correlation: -0.0289
R-Squared: 0.1%
Stock Volatility: 19.7%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Beta & Alpha Over Time

BFS Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 24,264,000 (as of 2026-03-31)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

196 filers13,745,264 shares$501.95M value56.65% of float
# Filer Shares Value % of Total % of Float Period
1 BlackRock, Inc. Custodian 2,254,667 $84.30M 16.79% 9.29% 2026-06-30
2 Vanguard Group Inc Custodian 1,966,888 $62.02M 12.36% 8.11% 2025-12-31
3 T. Rowe Price Investment Management, Inc. 1,407,540 $52.63M 10.48% 5.80% 2026-06-30
4 Vanguard Portfolio Management LLC 1,302,765 $48.71M 9.70% 5.37% 2026-06-30
5 ADAGE CAPITAL PARTNERS GP, L.L.C. 723,198 $27.04M 5.39% 2.98% 2026-06-30
6 State Street Corp 570,914 $21.35M 4.25% 2.35% 2026-06-30
7 Vanguard Capital Management LLC 550,628 $20.59M 4.10% 2.27% 2026-06-30
8 Principal Financial Group, Inc. 416,391 $15.57M 3.10% 1.72% 2026-06-30
9 Geode Capital Management, LLC Custodian 361,256 $13.51M 2.69% 1.49% 2026-06-30
10 Morgan Stanley Custodian 342,206 $12.80M 2.55% 1.41% 2026-06-30
11 Ameriprise Financial, Inc. Custodian 235,690 $8.81M 1.76% 0.97% 2026-06-30
12 Dimensional Fund Advisors LP Custodian 202,295 $7.56M 1.51% 0.83% 2026-06-30
13 RENAISSANCE TECHNOLOGIES LLC 177,074 $6.62M 1.32% 0.73% 2026-06-30
14 Northern Trust Corp Custodian 160,294 $5.99M 1.19% 0.66% 2026-06-30
15 Invesco Ltd. Custodian 157,772 $5.90M 1.18% 0.65% 2026-06-30
16 Charles Schwab Investment Management, Inc. 137,612 $5.15M 1.03% 0.57% 2026-06-30
17 Bank of New York Mellon Corp Custodian 120,616 $4.51M 0.90% 0.50% 2026-06-30
18 Nuveen, LLC Custodian 98,475 $3.68M 0.73% 0.41% 2026-06-30
19 CARY STREET PARTNERS FINANCIAL LLC 96,630 $3.61M 0.72% 0.40% 2026-06-30
20 JPMorgan Chase & Co Custodian 94,508 $3.57M 0.71% 0.39% 2026-06-30
21 Goldman Sachs Group Inc Custodian 94,476 $3.53M 0.70% 0.39% 2026-06-30
22 Vanguard Fiduciary Trust Co 90,866 $3.40M 0.68% 0.37% 2026-06-30
23 Two Sigma Investments, LP Custodian 90,518 $3.38M 0.67% 0.37% 2026-06-30
24 Man Group plc 89,375 $3.34M 0.67% 0.37% 2026-06-30
25 Arrowstreet Capital, Limited Partnership 87,852 $3.28M 0.65% 0.36% 2026-06-30
1 filers$18.70K notional
# Filer Notional Value % of Total Period
1 GROUP ONE TRADING LLC Custodian $18.70K 100.00% 2026-06-30
# Filer Notional Value % of Total Period

BFS Insider Trading (Form 4)

Latest: 2026-10-01
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-10-01 George Patrick Clancy Jr Director Award (A) — — EDGAR
2026-09-30 Joel Albert Friedman Exec VP, CAO & Treasurer Buy (P) +200 $18.53 $3.7K EDGAR
2026-07-02 George Patrick Clancy Jr Director Award (A) — — EDGAR
2026-06-01 David Todd Pearson President & COO Buy (P) +2,600 $34.74 $90.3K EDGAR
2026-05-19 Bettina T. Guevara Exec. VP /Chf Legal & Adm Off Mixed −134 $33.00 -$4.4K EDGAR
2026-05-19 Judith K. Garland SVP, Office and Retail Mixed −52 $33.00 -$1.7K EDGAR
2026-05-19 Willoughby B. Laycock SVP-Res. Design/Mrkt Research Mixed −25 $33.00 -$825 EDGAR
2026-05-19 Donald A Hachey SVP-Chief Construction Officer Mixed −62 $33.00 -$2.0K EDGAR
2026-05-19 David Todd Pearson President & COO Mixed −864 $33.00 -$28.5K EDGAR
2026-05-19 Carlos Lawrence Heard Senior Vice President & CFO Mixed −91 $33.00 -$3.0K EDGAR
2026-05-19 B Francis Saul II Chairman & CEO Award (A) +572 $33.00 $18.9K EDGAR
2026-05-19 Lori Godby Senior Vice Pres.-Residential Tax (F) −34 $33.00 -$1.1K EDGAR
2026-05-19 Patricia E. Saul Vice Chair Mixed −115 $33.00 -$3.8K EDGAR
2026-05-19 John Collich Sr. VP, Chief Acq. & Dev. Off. Mixed −68 $33.00 -$2.2K EDGAR
2026-05-19 Zachary Maxwell Friedlis Sr. VP-Director of Leasing Mixed −65 $33.00 -$2.1K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

BFS Insider Holdings

21 insiders · @ $28.83
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 B Francis Saul II Chairman & CEO 271,281 $7.82M $4.84M 204 2026-05-19
2 David Todd Pearson President & COO 81,777 $2.36M $434.7K 15 2026-06-01
3 Philip D Caraci Director 58,018 $1.67M -$1.61M 127 2026-05-11
4 John Collich Sr. VP, Chief Acq. & Dev. Off. 55,364 $1.60M -$5.08M 60 2026-05-19
5 Patricia E. Saul Vice Chair 23,584 $679.9K $0 9 2026-05-19
6 Joel Albert Friedman Exec VP, CAO & Treasurer 23,397 $674.5K -$859.9K 27 2026-09-30
7 George Patrick Clancy Jr Director 22,605 $651.7K -$273.3K 84 2026-10-01
8 John E Chapoton Director 11,466 $330.6K -$998.2K 101 2025-10-01
9 Andrew M. Saul II Director 10,800 $311.4K $0 13 2026-05-11
10 Bettina T. Guevara Exec. VP /Chf Legal & Adm Off 9,509 $274.2K $6.9K 8 2026-05-19
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

BFS Board & Officers

As of SEC filings through Oct 1, 2026

Directors 12

Officers 12

10% owners 1

Changes in the last 10 years (34)
May 8, 2026Helgi C. Walker became a director
Nov 25, 2025The company announced the departure of John E Chapoton from the board in an SEC filing
May 13, 2025Donald A Hachey listed as SVP-Chief Construction Officer (previously Senior Vice Pres.-Construction) in SEC filings
Jan 9, 2025The company announced the departure of James Page Lansdale from the board in an SEC filing
May 21, 2024Patricia E. Saul first listed as Vice Chair in an SEC filing
May 21, 2024Joel Albert Friedman listed as Exec VP, CAO & Treasurer (previously Sr. VP, CAO & Treasurer) in SEC filings
May 17, 2024LaSalle D. Leffall III became a director
Jan 10, 2024Zachary Maxwell Friedlis became Sr. VP-Director of Leasing
Jan 10, 2024Bettina T. Guevara became Exec. VP /Chf Legal & Adm Off
Oct 10, 2023The company announced the departure of Christopher Netter as Exec. Vice Pres-Retail Leasing in an SEC filing
May 16, 2023Willoughby B. Laycock listed as SVP-Res. Design/Mrkt Research (previously SVP-Res. Marketing Initiatives) in SEC filings
May 16, 2023David Todd Pearson first listed as a director in an SEC filing
Mar 9, 2023Patricia E. Saul became a director
Oct 4, 2021Willoughby B. Laycock listed as SVP-Res. Marketing Initiatives (previously Senior V.P.-Residential) in SEC filings
May 11, 2021Joel Albert Friedman listed as Sr. VP, CAO & Treasurer (previously Sr. V.P./Chief Acctng Officer) in SEC filings
May 11, 2021David Todd Pearson listed as President & COO (previously Executive V.P.-Real Estate) in SEC filings
May 11, 2021B Francis Saul II listed as Chairman & CEO (previously CEO & President) in SEC filings
May 7, 2021Lori Godby became Senior Vice Pres.-Residential
May 7, 2021Judith K. Garland became SVP, Office and Retail
Apr 1, 2021Carlos Lawrence Heard became Senior Vice President & CFO
Not reported recently (10)
  • Charles W Sherren Jr · Last reported as Sr. VP- Property Management in an SEC filing dated May 16, 2023
  • Christine Nicolaides Kearns · Last reported as Exec VP/Chief Legal/Admin Off in an SEC filing dated May 16, 2023
  • John R Whitmore · Last reported as a director in an SEC filing dated May 17, 2022
  • Scott V Schneider · Last reported as Executive Vice President-CFO in an SEC filing dated Apr 28, 2020
  • Steven N. Corey · Last reported as Senior VP - Office Leasing in an SEC filing dated May 7, 2019
  • Patrick F Noonan · Last reported as a director in an SEC filing dated May 14, 2018
  • Benjamin Underwood · Last reported as Vice President-Residential in an SEC filing dated May 14, 2018
  • Philip C Jackson Jr · Last reported as a director in an SEC filing dated Apr 4, 2018
  • Gilbert M Grosvenor · Last reported as a director in an SEC filing dated Jan 5, 2017
  • James W Symington · Last reported as a director in an SEC filing dated Jan 5, 2017
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
ETF Holders
67 ETFs hold BFS
25 shown · $107.62M total exposure · 0.02% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 IJR iShares Core S&P Small-Cap ETF iShares (BlackRock) 0.02% $22.4M $103.1B 2026-10-20
2 VNQ Vanguard Real Estate ETF Vanguard 0.02% $15.4M — 2026-09-30
3 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.00% $13.0M — 2026-09-30
4 IWM iShares Russell 2000 ETF iShares (BlackRock) 0.01% $9.7M $75.1B 2026-10-20
5 PFF iShares Preferred and Income Securities ETF iShares (BlackRock) 0.04% $4.9M $11.9B 2026-10-20
6 VB Vanguard Morningstar Small-Cap ETF Vanguard 0.00% $4.6M — 2026-09-30
7 VXF Vanguard Extended Market ETF Vanguard 0.00% $4.2M — 2026-09-30
8 IWO iShares Russell 2000 Growth ETF iShares (BlackRock) 0.03% $3.5M $13.6B 2026-10-20
9 SPSM State Street® SPDR® Portfolio S&P 600™ Small Cap ETF SPDR (State Street) 0.02% $3.4M $15.7B 2026-10-20
10 VBR Vanguard Morningstar Small-Cap Value ETF Vanguard 0.00% $3.0M — 2026-09-30
11 DFAR Dimensional US Real Estate ETF Dimensional 0.03% $2.6M — 2026-10-20
12 VTWO Vanguard Russell 2000 ETF Vanguard 0.01% $2.3M — 2026-09-30
13 XSLV Invesco S&P SmallCap Low Volatility ETF Invesco 0.96% $2.2M — 2026-10-20
14 SCHA Schwab U.S. Small-Cap ETF Nport 0.01% $2.0M — 2026-05-31
15 IJT iShares S&P Small-Cap 600 Growth ETF iShares (BlackRock) 0.03% $2.0M $7.6B 2026-10-20
16 USRT iShares Core U.S. REIT ETF iShares (BlackRock) 0.03% $1.5M $4.2B 2026-10-20
17 SMLF iShares U.S. Small-Cap Equity Factor ETF iShares (BlackRock) 0.03% $1.4M $4.2B 2026-10-20
18 VIOO Vanguard S&P Small-Cap 600 ETF Vanguard 0.02% $1.4M — 2026-09-30
19 IJS iShares S&P Small-Cap 600 Value ETF iShares (BlackRock) 0.02% $1.3M $7.6B 2026-10-20
20 XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF Invesco 2.17% $1.3M — 2026-10-20
21 RIET Hoya Capital High Dividend Yield ETF Nport 1.27% $1.3M — 2026-05-31
22 SLYG State Street® SPDR® S&P 600™ Small Cap Growth ETF SPDR (State Street) 0.03% $1.2M $4.6B 2026-10-20
23 BBRE JPMorgan BetaBuilders MSCI US REIT ETF JPMorgan 0.09% $1.1M $1.3B 2026-10-21
24 SLYV State Street® SPDR® S&P 600™ Small Cap Value ETF SPDR (State Street) 0.02% $953,298 $4.7B 2026-10-20
25 ITOT iShares Core S&P Total U.S. Stock Market ETF iShares (BlackRock) 0.00% $891,402 $97.4B 2026-10-20
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
26.94
TTM Diluted EPS
$1.07
TTM Revenue
$290.64M
TTM Net Income
$25.64M
TTM Op. Cash Flow
$98.71M
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q1 '262026-03-31$76.82M$6.32M$0.26$29.29M
Q4 '252025-12-31$73.71M$3.70M$0.16$22.19M
Q3 '252025-09-30$70.68M$7.69M$0.32$20.63M
Q2 '252025-06-30$69.43M$7.92M$0.33$26.60M
Q1 '252025-03-31$70.55M$7.00M$0.29$30.37M
Q4 '242024-12-31$66.63M$5.29M$0.21$28.78M
Q3 '242024-09-30$65.55M$11.68M$0.48$26.49M
Q2 '242024-06-30$63.70M$11.65M$0.48$32.13M
Q1 '242024-03-31$65.30M$10.83M$0.45$33.83M
Q4 '232023-12-31$62.86M$10.41M$0.44$34.44M
Q3 '232023-09-30$62.37M$10.02M$0.42$20.20M
Q2 '232023-06-30$62.00M$10.36M$0.43$32.59M
Q1 2026 • period ending 2026-03-31 • filed 2026-05-07
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
26.94
P/B
1.48
P/S
2.41
EV/EBITDA
10.48
EV/Sales
6.51
ROE
5.4%
ROA
1.2%
Div Yield
9.41%
FCF Yield
14.11%
Debt/Equity
2.54
Current Ratio
—
Market Cap
$699.53M
as of 2026-10-21
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
495.95K
SI % of Float
4.28%
Days to Cover
2.99
Short Vol Ratio
55.2%
Free Float
11.59M
Float %
46.9%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-08-14