SITE Centers Corp. (SITC)
Market Cap | 845.17M |
Revenue (ttm) | 451.68M |
Net Income (ttm) | 722.31M |
Shares Out | 52.43M |
EPS (ttm) | 13.71 |
PE Ratio | 1.18 |
Forward PE | n/a |
Dividend | $2.08 (12.90%) |
Ex-Dividend Date | Jun 18, 2024 |
Volume | 731,048 |
Open | 16.09 |
Previous Close | 16.16 |
Day's Range | 15.88 - 16.13 |
52-Week Range | 15.43 - 64.44 |
Beta | 1.76 |
Analysts | Hold |
Price Target | 42.53 (+163.83%) |
Earnings Date | Oct 30, 2024 |
About SITC
SITE Centers is an owner and manager of open-air shopping centers located 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 2023, SITE Centers's revenue was $550.86 million, a decrease of -4.13% compared to the previous year's $574.62 million. Earnings were $253.94 million, an increase of 61.66%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for SITC stock is "Hold." The 12-month stock price forecast is $42.53, which is an increase of 163.83% from the latest price.
News
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...
Curbline Properties Publicly Files Form 10 with SEC
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC) (the “Company” or “SITE Centers”) today announced that, in connection with the Company's previously announced plan to spin-off its por...
SITE Centers Declares Third Quarter 2024 Class A Preferred Share Dividend
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its third quarter 2024 Preferred...
SITE Centers Provides Third Quarter 2024 Transaction and Financing Update
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today provided an update on third quarter 2024 ...
69 All Star And Graham Value Stocks; 49 Fit To Buy In August
Large Cap Value ranking by YCharts focuses on intrinsic firm value of large cap stocks. The Ben Graham Formula strategy selects stable stocks based on earnings, dividends, and valuation based on Graha...
SITE Centers Corp. (SITC) Q2 2024 Earnings Call Transcript
SITE Centers Corp. (NYSE:SITC) Q2 2024 Earnings Conference Call July 30, 2024 8:00 AM ET Company Participants Stephanie Ruys de Perez – Vice President-Capital Markets David Lukes – Chief Executive Of...
SITE Centers Reports Second Quarter 2024 Results
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quart...
SITE Centers' Second Quarter 2024 Earnings Conference Call to be Held on Tuesday, July 30, 2024, at 8:00 a.m. Eastern Time
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that financial and operational ...
SITE Centers Announces Reverse Stock Split
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC) (the “Company”) today announced that its Board of Directors has unanimously approved a one-for-four reverse stock split of the Company...
SITE Centers Issues 2023 Corporate Sustainability Report
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE:SITC), an owner of open-air shopping centers in suburban, high household income communities, announced today the release of its 2023 Corporat...
SITE Centers Announces Sale of Six-Property Portfolio
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that it has closed on the sale ...
SITE Centers Provides 2024 Transaction and Financing Update
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today provided an update on second quarter 2024...
SITE Centers Declares Second Quarter 2024 Class A Preferred Share Dividend
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its second quarter 2024 Preferre...