Saul Centers (BFS) vs Federal Realty Investment (FRT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Federal Realty Investment (FRT) has outperformed Saul Centers (BFS) over the past year, gaining 9.3% versus a loss of 1.9%. Over five years, FRT leads with a -14.4% price change compared with -34.6% for BFS. Federal Realty Investment is the larger company by market cap ($9.28 billion vs $1.04 billion), about 8.9 times the size, while Saul Centers is growing revenue faster (+7.8% vs +6.4%).
On valuation, Federal Realty Investment trades at a lower trailing P/E (21.4x vs 30.3x for Saul Centers). Saul Centers offers the higher dividend yield (7.87% vs 4.26%). Federal Realty Investment converts more of its revenue into profit, with a net margin of 32.1% versus 12.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BFS | FRT |
|---|---|---|
| Share price | $30.00 | $106.16 |
| Market cap | $1.04B | $9.28B |
| 1-day change | +0.94% | +0.66% |
| YTD return | -4.85% | +5.32% |
| 1-year return | -1.93% | +9.26% |
| 5-year return | -34.63% | -14.41% |
| P/E ratio (TTM) | 30.30 | 21.45 |
| Forward P/E | — | 32.91 |
| EPS (TTM) | $0.99 | $4.95 |
| Dividend yield | 7.87% | 4.26% |
| Annual dividend | $2.36 | $4.52 |
| Revenue (latest FY) | $289.84M | $1.28B |
| Revenue growth (YoY) | +7.81% | +6.36% |
| Net income (latest FY) | $37.51M | $411.08M |
| Operating margin | 67.39% | 47.08% |
| Net margin | 12.94% | 32.14% |
| 52-week high | $38.42 | $128.21 |
| 52-week low | $29.16 | $90.03 |
| Distance from 52-week high | -21.92% | -17.20% |
| Analyst consensus | none | buy |
| Avg. price target upside | +43.33% | +22.56% |
| Average volume | 114.03K | 868.33K |
| Shares outstanding | 24.72M | 86.89M |
| Employees | 156 | 314 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Federal Realty Investment is about 8.9 times larger than Saul Centers by market value ($9.28B vs $1.04B).
- FRT has outperformed BFS by 11.2 percentage points over the past year.
- Saul Centers trades at a higher earnings multiple (30.3x vs 21.4x trailing P/E).
- Saul Centers offers a meaningfully higher dividend yield (7.87% vs 4.26%).
- Federal Realty Investment is more profitable, keeping 32.1 cents of every revenue dollar as net income versus 12.9 cents for Saul Centers.
About Saul Centers
BFS stock →Saul Centers, Inc. is a self-managed, self-administered equity REIT.
Real Estate · Real Estate Investment Trusts · 156 employees
About Federal Realty Investment
FRT stock →Federal Realty Investment Trust is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets and select underserved regions with strong economic and demographic fundamentals. Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply.
Real Estate · Real Estate Investment Trusts · 314 employees
BFS vs FRT FAQ
Which is bigger, Saul Centers or Federal Realty Investment?
Federal Realty Investment (FRT) is larger, with a market capitalization of $9.28B compared with $1.04B for Saul Centers (BFS).
Which stock has performed better over the past year, BFS or FRT?
FRT returned +9.26% over the past 12 months, compared with -1.93% for BFS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BFS or FRT?
FRT has the lower trailing P/E at 21.4, versus 30.3 for BFS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Saul Centers or Federal Realty Investment?
Saul Centers has the higher yield at 7.87%, compared with 4.26% for Federal Realty Investment.
Are Saul Centers and Federal Realty Investment in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.