SITE Centers Corp. (SITC)

NYSE: SITC · Real-Time Price · USD
16.12
-0.04 (-0.25%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.25%
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]

Industry REIT - Retail
Sector Real Estate
IPO Date Feb 2, 1993
Employees 220
Stock Exchange NYSE
Ticker Symbol SITC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$42.53
(163.83% upside)
Analyst Consensus: Hold
Stock Forecasts

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 ...

Other symbols: CBL
7 days ago - Seeking Alpha

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...

21 days ago - Business Wire

67 October Graham All-Star Value Dogs Show 55 Fit To Buy

The Value Score identifies large-cap stocks offering high-value relative to profits, cash flows, assets and sales, aiding in finding undervalued companies.

4 weeks ago - Seeking Alpha

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...

4 weeks ago - Business Wire

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...

Other symbols: CURB
6 weeks ago - Business Wire

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...

Other symbols: CURB
7 weeks ago - Seeking Alpha

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....

7 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

Other symbols: CURBSPGIENSGTMDX
7 weeks ago - PRNewsWire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

Other symbols: AKRALEXBFSBRXCTOFRTIVT
2 months ago - Seeking Alpha

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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 ...

2 months ago - Business Wire

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...

Other symbols: BXSLCIBDHTETFLEXFROFSK
3 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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 ...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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 ...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire