earnings
confidence high
sentiment neutral
materiality 0.55
Saul Centers Q1 2026: revenue $78.3M (+9% YoY); diluted EPS $0.26 vs $0.29; Hampden House occupancy 45.6%
SAUL CENTERS, INC.
2026-Q1 EPS reported
$0.26
revenue$78,259,000
- Total revenue $78.3M (up from $71.9M); net income $12.0M (down from $12.8M) due to Hampden House initial operations.
- Diluted EPS $0.26 vs $0.29; net income available to common stockholders $6.3M vs $7.0M.
- Hampden House opened Oct 2025 with 366 units; as of May 4, 2026: 45.6% residential leased, 85.1% retail space leased.
- Same property revenue +7.4%, same property NOI +9.0%; Shopping Center NOI +3.4%, Mixed-Use NOI +24.9%.
- Hampden House negatively impacted net income by $4.8M, including $2.8M reduction in capitalized interest.