The price of BFS is predicted to go up 8.93%, based on the high correlation periods with CDE. The similarity of these two price pattern on the periods is 96.76%.

BFS

CDE

Up: 8.93%Similarity: 96.76%

BFS Revenue Forecast

BFS EPS Forecast

BFS FAQs

What is bull’s view on BFS?

Bulls view BFS stock as a stable investment due to its consistent dividend payouts and strong presence in the Washington, DC/Baltimore area, generating over 85% of its property income from these regions. With a current price of $36.52, technical indicators suggest potential upside, as the stock is near its Fibonacci pivot level of $36.70, with resistance at $37.40. Additionally, its upward revision in FFO estimates to $3.12 for 2024 reflects confidence in its growth potential.

What is bear's view on BFS?

Bears view BFS stock cautiously due to its underperformance relative to the market, with a YTD gain of only 4.3% versus the S&P 500's 24.3% rise. The stock's current price of $37.50 reflects limited upside, as its growth is constrained by economic concerns and rising tenant bankruptcies in the retail REIT sector. Additionally, its Zacks Rank #3 (Hold) suggests it will likely perform in line with the market, offering no compelling bearish or bullish case.