BFS (Saul Centers) Shares Outstanding (EOP): 24.6 Mil (As of Mar. 2026)


BFS Saul Centers Inc BFS
77 GF Score
Price $37.07
GF Value $41.81
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Saul Centers Shares Outstanding (EOP)?

Saul Centers BFS +0.82% 77 Shares Outstanding (EOP) is 24.6 Mil as of Mar. 2026. GuruFocus rates BFS with a GF Score™ of 77/100 and a GF Value™ of $41.81 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Saul Centers's shares outstanding for the quarter that ended in Mar. 2026 was 24.6 Mil.

Saul Centers's quarterly shares outstanding increased from Dec. 2025 (24.6 Mil) to Mar. 2026 (24.6 Mil). It means Saul Centers issued new shares from Dec. 2025 to Mar. 2026 .

Saul Centers's annual shares outstanding increased from Dec. 2024 (24.3 Mil) to Dec. 2025 (24.6 Mil). It means Saul Centers issued new shares from Dec. 2024 to Dec. 2025 .


Saul Centers  (NYSE:BFS) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Saul Centers Shares Outstanding (EOP) Related Terms


Saul Centers Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Saul Centers's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Saul Centers Shares Outstanding (EOP) Chart

Saul Centers Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.84 24.02 24.08 24.30 24.55

Saul Centers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.32 24.47 24.49 24.55 24.60

BFS vs WSR, ALX, PINE: Shares Outstanding (EOP) Comparison

For the REIT - Retail subindustry, Saul Centers's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Saul Centers Shares Outstanding (EOP) vs REITs Industry

For the REITs industry and Real Estate sector, Saul Centers's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Saul Centers's Shares Outstanding (EOP) falls into.


BFS
77GF Score
Saul Centers Inc BFS
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Saul Centers Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 24.6 Mil mean?
Saul Centers (BFS) has a Shares Outstanding (EOP) of 24.6 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Saul Centers and its competitors.
Is Saul Centers' Shares Outstanding (EOP) too high?
Saul Centers' current Shares Outstanding (EOP) is 24.6 Mil. Overall, Saul Centers has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Saul Centers' Shares Outstanding (EOP) compare to WSR and ALX?
Saul Centers' Shares Outstanding (EOP) of 24.6 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a REITs company?
A good Shares Outstanding (EOP) depends on the REITs industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Saul Centers and its competitors. Saul Centers's current Shares Outstanding (EOP) is 24.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saul Centers stock overvalued right now?
Based on GuruFocus' analysis, Saul Centers (BFS) is currently considered Modestly Undervalued. The stock's GF Value™ is $41.81, compared to a current price of $37.07 — trading 11.3% below its estimated fair value. The current Shares Outstanding (EOP) is 24.6 Mil. Saul Centers' overall GF Score™ is 77/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Saul Centers (BFS), the current Shares Outstanding (EOP) is 24.6 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Saul Centers (BFS) Overvalued in 2026?

Based on GuruFocus' analysis, Saul Centers stock appears to be undervalued. The current stock price of $37.07 is trading 11.3% below its estimated GF Value™ of $41.81. GuruFocus considers Saul Centers to be Modestly Undervalued.

Key valuation signals for BFS:

  • Shares Outstanding (EOP): 24.6 Mil
  • GF Value™: $41.81 vs. price of $37.07 (11.3% below fair value)
  • GF Score™: 77/100 with 9 warning signs

No single metric tells the full story. See the BFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saul Centers Business Description

Industry Real EstateREITs
Other Exchanges BFSpE.PFD:USABFSpD.PFD:USA
Address 7501 Wisconsin Avenue, Suite 1500 East, Bethesda, MD, USA, 20814-6522
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.
77GF Score

Get the complete analysis for BFS

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$37.07
Price
$41.81
GF Value