Every material Form 8-K Saul Centers filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Saul Centers reported third-quarter 2024 results for the quarter ended September 30, 2024, with total revenue up to $67.3 million from $63.8 million and net income available to common stockholders up to $11.7 million, or $0.48 per share, from $10.0 million, or $0.42 per share. Diluted FFO per share rose to $0.83 from $0.76, and commercial leasing reached 95.7% from 94.2%, which points to higher earnings from the existing portfolio for shareholders.
Q3 2024 total revenue rose to $67.3 million from $63.8 million in Q3 2023.
Net income available to common stockholders was $11.7 million, or $0.48 per diluted share, versus $0.42 a year earlier.
Diluted FFO per share was $0.83 versus $0.76; nine-month diluted FFO per share was $2.46 versus $2.33.
Commercial portfolio 95.7% leased at September 30, 2024, up from 94.2%; residential portfolio 98.8% leased.
Saul Centers reported second quarter 2024 results, with total revenue of $66.9 million, up from $63.7 million a year earlier. Net income available to common stockholders rose to $11.6 million, or $0.48 per share, from $10.4 million, or $0.43 per share, supported by higher lease termination fees and rent.
Total revenue for the quarter ended June 30, 2024 was $66.9 million, up from $63.7 million for the same quarter of 2023.
Net income available to common stockholders was $11.6 million, or $0.48 per basic and diluted share, compared with $0.43 a year earlier.
FFO available to common stockholders and noncontrolling interests was $28.5 million, or $0.83 per basic and diluted share, versus $0.79 basic and $0.78 diluted in the 2023 quarter.
As of June 30, 2024, 95.8% of the commercial portfolio was leased, up from 94.0% a year earlier.
Saul Centers reported first-quarter 2024 results, with total revenue of $66.7 million, up from $63.0 million a year earlier. Net income available to common stockholders was $10.8 million, or $0.45 per share, matching the prior-year figure, so higher rental income did not lift per-share earnings.
Total revenue for the quarter ended March 31, 2024 was $66.7 million, versus $63.0 million in the 2023 quarter.
Net income rose to $18.3 million from $17.7 million; net income available to common stockholders was $10.8 million, or $0.45 per share, unchanged from the prior year.
FFO available to common stockholders and noncontrolling interests was $0.80 per diluted share, versus $0.79 a year earlier; the commercial portfolio was 94.6% leased versus 93.9%.
Saul Centers reported fourth-quarter 2023 results on February 29, 2024, with total revenue up to $66.7 million from $62.3 million and net income available to common stockholders of $10.4 million, or $0.43 per share, versus $9.1 million, or $0.38, a year earlier. Diluted FFO per share was $0.79 compared with $0.72, and the filing shows the gains came mainly from higher termination fees and base rent.
Q4 2023 total revenue rose to $66.7 million from $62.3 million; net income rose to $17.5 million from $15.4 million.
Net income available to common stockholders was $10.4 million ($0.43 per basic and diluted share) vs. $9.1 million ($0.38) in Q4 2022.
Diluted FFO per share was $0.79 vs. $0.72; full-year 2023 diluted FFO per share was $3.12 vs. $3.04.
Same property operating income rose 8.8% in the quarter; commercial portfolio 94.2% leased at December 31, 2023 vs. 93.2%.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Saul Centers filing is on SEC EDGAR ↗. 8-K briefs of other companies →