B+
Bull case
30%
Probability
Target price
$36.00
Analysis reference price unavailable
Analysis 2026-10-20 · RankAlpha Sentiment Codex
BFS
Saul CentersBNYSE / Equity Real Estate Investment Trusts (REITs)
Last Price
Quote time unavailable
Current thesis
Q2 revenue rose to $76.8 million from $70.8 million, and same-property NOI grew 6.9%. Continued rent gains and Hampden House lease-up could improve earnings as occupancy rises.
Posture
Constructive
Lead driver
Value
What changed
Value remains the lead driver in the composite.
What can break
Hampden House occupancy may rise too slowly to offset costs already charged to expense. [#SEC-8K-2026-08-06]
Momentum
29
Value
65
Sentiment
53
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $31.00 · Bull $36.00 · Bear $24.00Analysis 2026-10-20; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-23 • Vendor: Data Vendor v1
Scores
As of 2026-10-23 • Model: HYBRID_IC_RP
AI Memo
As of 2026-10-20 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-10-23
Investment thesis
As of 2026-10-23
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-23. Definitions
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Neutral
Target $39.00
Why
Momentum29 · Δ7d +4.1
Value65 · Δ7d -
Sentiment53 · Δ7d -28.2
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Confirming evidence
- • Value remains the lead driver in the composite.
Contradictions & invalidation
- • Hampden House occupancy may rise too slowly to offset costs already charged to expense. [#SEC-8K-2026-08-06]
- • Q2 FFO per share declined despite higher revenue and same-property NOI. [#SEC-8K-2026-08-06]
- • Q2 net income fell to $11.5 million from $14.2 million, while FFO per share declined to $0.69 from $0.73.
Catalyst clock
2026-11-15
Next operating update tests mixed Q2 signals
Lead driver: Value · See fundamentals
Momentum
29
8% active weight
Current posture
7d trendImproving
Δ7d
+4.1
Δ21d
-0.2
Value
65
47% active weight
Current posture
7d trendFlat
Δ7d
-
Δ21d
-
Sentiment
53
45% active weight
Current posture
7d trendSoftening
Δ7d
-28.2
Δ21d
-35.6
Why this grade
Composite grade B. Momentum 29.4 / Value 65.0 / Sentiment 53.3
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-10-20. Scenario method
Most likely
B
Base case
50%
Probability
Target price
$31.00
Analysis reference price unavailable
Analysis 2026-10-20 · RankAlpha Sentiment Codex
B-
Bear case
20%
Probability
Target price
$24.00
Analysis reference price unavailable
Analysis 2026-10-20 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-10-23
Fundamentals (TTM)
As of 2026-10-23
Market Cap
$725.45M
Beta
1.02
Shares Out
24.72M
P/E (TTM)
27.3
P/S (TTM)
2.71
P/FCF (TTM) · Derived
20.89
Rev YoY
+8.6%
EPS YoY
-25.5%
Gross Margin
+50.0%
Op Margin
+40.3%
Net Debt
$1.6B
Current Ratio
0.91
As of 2026-10-23 • Updated nightlySource: Internal modelMethods & Data