Saul Centers (BFS) vs Regency Centers (REG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Regency Centers (REG) has outperformed Saul Centers (BFS) over the past year, gaining 1.0% versus a loss of 1.9%. Over five years, REG leads with a +2.0% price change compared with -34.6% for BFS. Regency Centers is the larger company by market cap ($13.47 billion vs $1.04 billion), about 12.9 times the size, while Saul Centers is growing revenue faster (+7.8% vs +6.9%).
On valuation, Regency Centers trades at a lower trailing P/E (24.3x vs 30.3x for Saul Centers). Saul Centers offers the higher dividend yield (7.87% vs 4.12%). Regency Centers converts more of its revenue into profit, with a net margin of 34.0% 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 | REG |
|---|---|---|
| Share price | $30.00 | $72.05 |
| Market cap | $1.04B | $13.47B |
| 1-day change | +0.94% | +0.80% |
| YTD return | -4.85% | +4.37% |
| 1-year return | -1.93% | +1.01% |
| 5-year return | -34.63% | +1.97% |
| P/E ratio (TTM) | 30.30 | 24.26 |
| Forward P/E | — | 28.66 |
| EPS (TTM) | $0.99 | $2.97 |
| Dividend yield | 7.87% | 4.12% |
| Annual dividend | $2.36 | $2.97 |
| Revenue (latest FY) | $289.84M | $1.55B |
| Revenue growth (YoY) | +7.81% | +6.85% |
| Net income (latest FY) | $37.51M | $527.46M |
| Operating margin | 67.39% | 72.32% |
| Net margin | 12.94% | 33.95% |
| 52-week high | $38.42 | $83.66 |
| 52-week low | $29.16 | $66.86 |
| Distance from 52-week high | -21.92% | -13.88% |
| Analyst consensus | none | buy |
| Avg. price target upside | +43.33% | +18.90% |
| Average volume | 114.03K | 1.31M |
| Shares outstanding | 24.72M | 183.12M |
| Employees | 156 | 503 |
| Sector | Real Estate | Real Estate |
| Industry | REIT - Retail | REIT - Retail |
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
- Regency Centers is about 12.9 times larger than Saul Centers by market value ($13.47B vs $1.04B).
- Saul Centers offers a meaningfully higher dividend yield (7.87% vs 4.12%).
- Regency Centers is more profitable, keeping 34.0 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 · REIT - Retail · 156 employees
About Regency Centers
REG stock →Regency Centers Corporation is a pre-eminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.
Real Estate · REIT - Retail · 503 employees
BFS vs REG FAQ
Which is bigger, Saul Centers or Regency Centers?
Regency Centers (REG) is larger, with a market capitalization of $13.47B compared with $1.04B for Saul Centers (BFS).
Which stock has performed better over the past year, BFS or REG?
REG returned +1.01% 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 REG?
REG has the lower trailing P/E at 24.3, 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 Regency Centers?
Saul Centers has the higher yield at 7.87%, compared with 4.12% for Regency Centers.
Are Saul Centers and Regency Centers in the same industry?
Yes. Both are classified in the REIT - Retail industry within the Real Estate sector.