SITE Centers Corp. (SITC)
Market Cap | 662.20M |
Revenue (ttm) | 278.93M |
Net Income (ttm) | 513.74M |
Shares Out | 52.43M |
EPS (ttm) | 9.77 |
PE Ratio | 1.31 |
Forward PE | n/a |
Dividend | $0.52 (4.12%) |
Ex-Dividend Date | Jun 18, 2024 |
Volume | 717,195 |
Open | 12.83 |
Previous Close | 12.77 |
Day's Range | 12.58 - 12.78 |
52-Week Range | 12.58 - 64.44 |
Beta | 1.77 |
Analysts | Hold |
Price Target | 35.25 (+179.1%) |
Earnings Date | Apr 29, 2025 |
About SITC
SITE Centers is an owner and manager of open-air shopping centers located primarily in suburban, high household income communities. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC. [Read more]
Financial Performance
In 2024, SITE Centers's revenue was $278.93 million, a decrease of -38.99% compared to the previous year's $457.20 million. Earnings were $513.74 million, an increase of 102.31%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for SITC stock is "Hold." The 12-month stock price forecast is $35.25, which is an increase of 179.10% from the latest price.
News

SITE Centers: Cost Control Key After Curbline Properties Spin-Off
SITE Centers is a retail REIT focused on open-air shopping centers in high-income communities. The REIT's Q4 2024 results show it is slow to adapt general and administrative expenses to a much smaller...

Dividend Power Dogs: 3 Top Dividend Picks For March
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SITE Centers Reports Fourth Quarter 2024 Results
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Reports Fourth Quarter 2024 Results.

REIT Replay: REIT Share Prices Tick Up During Week Ended Feb. 21
Share prices for US equity real estate investment trusts ticked up slightly during the week ended Feb. 21, outperforming the broader stock market. Looking at the Dow Jones US real estate property sect...

SITE Centers' Fourth Quarter 2024 Earnings to Be Released Thursday, February 27, 2025
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers' Fourth Quarter 2024 Earnings to be Released Thursday, February 27, 2025.

SITE Centers Announces Tax Allocations of 2024 Dividend Distributions
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Announces Tax Allocations of 2024 Dividend Distributions.

69 Graham Value All-Stars, Of 20 'Safer' Choices, Buy Any Of 14
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Of 36 Dividend Power Dogs, 11 Are Buyable In November
Eleven of the 35 Dividend Power Dogs are recommended for their "safer" dividends, with free cash-flow yields exceeding dividend yields, making them ideal buys. The Dividend Power strategy focuses on h...

SITE Centers Announces Tax Estimate for Curbline Properties Distribution
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Announces Tax Estimate for Curbline Properties Distribution.

CBL & Associates Properties Vs. SITE Centers: Which Is The Better REIT For 2025
CBL & Associates Properties and SITE Centers are REITs focused on retail real estate, with reported occupancy rates indicating poor competitive dynamics. CBL funds a greater proportion of its capital ...

SITE Centers Reports Third Quarter 2024 Results
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers primarily in suburban, high household income communities, announced today operating results for...

SITE Centers' Third Quarter 2024 Earnings to be Released Wednesday, October 30, 2024
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC) announced today that it intends to release its third quarter earnings prior to the market open on October 30, 2024. About SITE Centers...

Curbline Properties Announces Tax Basis
NEW YORK--(BUSINESS WIRE)--On October 1, 2024, Curbline Properties Corp. (NYSE: CURB) (“CURB” or “Curbline”) completed its separation from SITE Centers Corp. (NYSE: SITC) (“SITC”) and became an indepe...

SITE Centers: Curbline Properties IPO Prices In Line With Valuations
SITE Centers Corp. is a retail REIT focused on retail locations close to residents with a high household income. The company successfully spun off its premium assets in a new REIT called Curbline Prop...

SITE Centers Announces Completion of Spin-Off of Curbline Properties
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC) (the “Company” or “SITE Centers”) today announced that it has completed the previously announced spin-off of Curbline Properties Corp....

SITE Centers Provides Transaction and Curbline Balance Sheet Update
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC) (the “Company” or “SITE Centers”), an owner of open-air shopping centers in suburban, high household income communities, today provide...

The Ensign Group Set to Join S&P MidCap 400; Curbline Properties & TransMedics Group to Join S&P SmallCap 600
NEW YORK , Sept. 26, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 and S&P MidCap 400: S&P SmallCap 600 constituent The Ensign Group Inc. (NASD: EN...

SITE Centers Announces Board of Directors and CFO Appointments
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC) (the “Company” or “SITE Centers”), an owner of open-air shopping centers in suburban, high household income communities, today announc...

SITE Centers Provides Third Quarter 2024 Transaction and Spin-Off Update
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC) (the “Company” or “SITE Centers”), an owner of open-air shopping centers in suburban, high household income communities, today provide...

SITE Centers Announces Spin-Off Record and Distribution Dates
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC) (the “Company” or “SITE Centers”) today announced that its Board of Directors has set record and distribution dates for the spin-off o...

Shopping Center REITs Are Hot: Pick A Winner
The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior gro...