SITE Centers Corp. (SITC)

NYSE: SITC · IEX Real-Time Price · USD
13.33
+0.04 (0.30%)
Dec 7, 2022 4:00 PM EST - Market closed
0.3%
Market Cap 2.83B
Revenue (ttm) 548.66M
Net Income (ttm) 188.36M
Shares Out 214.04M
EPS (ttm) 0.89
PE Ratio 14.98
Forward PE n/a
Dividend $0.52 (3.90%)
Ex-Dividend Date Dec 8, 2022
Volume 1,558,736
Open 13.2
Previous Close 13.29
Day's Range 13.18 - 13.48
52-Week Range 10.42 - 17.22
Beta 1.57
Analysts Buy
Price Target 15.10 (+13.3%)
Earnings Date Oct 25, 2022

About SITC

SITE Centers is an owner and manager of open-air shopping centers that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. 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 Equity Real Estate Investment Trusts (REITs)
IPO Date Feb 2, 1993
CEO David Lukes
Employees 293
Stock Exchange NYSE
Ticker Symbol SITC
Full Company Profile

Financial Performance

In 2021, SITE Centers's revenue was $532.86 million, an increase of 15.76% compared to the previous year's $460.33 million. Earnings were $124.94 million, an increase of 249.75%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for SITC stock is "Buy." The 12-month stock price forecast is 15.1, which is an increase of 13.28% from the latest price.

Price Target
$15.1
(13.28% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Site Centers Declares Fourth Quarter 2022 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 fourth quarter 2022 Preferre...

6 days ago - Business Wire

SITE Centers Declares Common Stock Dividend of $0.13 for Fourth Quarter 2022

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Declares Common Stock Dividend of $0.13 for Fourth Quarter 2022

1 month ago - Business Wire

SITE Centers (SITC) Q3 OFFO & Revenues Beat, View Up

SITE Centers' (SITC) reports better-than-anticipated Q3 results on the back of healthy leasing activity and year-over-year growth in annualized base rent. It raises its 2022 outlook for operating FFO.

1 month ago - Zacks Investment Research

SITE CENTERS CORP. (SITC) Tops Q3 FFO and Revenue Estimates

SITE CENTERS CORP. (SITC) delivered FFO and revenue surprises of 3.57% and 1.84%, respectively, for the quarter ended September 2022.

1 month ago - Zacks Investment Research

SITE Centers Reports Third Quarter 2022 Operating Results

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Reports Third Quarter 2022 Operating Results

1 month ago - Business Wire

SITE Centers' Third Quarter 2022 Earnings Conference Call to be Held on Tuesday, October 25, 2022, at 8:30 a.m. Easte...

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers' Third Quarter 2022 Earnings Conference Call to be Held on Tuesday, October 25, 2022, at 8:30 a.m. Eastern Time

1 month ago - Business Wire

Here's Why SITE Centers (SITC) is an Apt Portfolio Pick Now

A well-located portfolio, focus on essential retail business and capital-recycling efforts are likely to aid SITE Centers (SITC). Higher e-commerce adoption and interest rate hikes are concerning.

2 months ago - Zacks Investment Research

SITE Centers Declares Common Stock Dividend of $0.13 for Third Quarter 2022

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Declares Common Stock Dividend of $0.13 for Third Quarter 2022

3 months ago - Business Wire

SITE CENTERS CORP. (SITC) Upgraded to Buy: Here's What You Should Know

SITE CENTERS CORP. (SITC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

3 months ago - Zacks Investment Research

Bears are Losing Control Over SITE CENTERS CORP. (SITC), Here's Why It's a 'Buy' Now

After losing some value lately, a hammer chart pattern has been formed for SITE CENTERS CORP. (SITC), indicating that the stock has found support.

3 months ago - Zacks Investment Research

SITE Centers Declares Third Quarter 2022 Class A Preferred Share Dividend

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Declares Third Quarter 2022 Class A Preferred Share Dividend

3 months ago - Business Wire

SITE Centers (SITC) Q2 OFFO & Revenues Beat, '22 View Up

SITE Centers' (SITC) second-quarter results outshine estimates. The performance was aided by growth in annualized base rent and an increase in property acquisitions.

4 months ago - Zacks Investment Research

SITE CENTERS CORP. (SITC) Q2 FFO and Revenues Top Estimates

SITE CENTERS CORP. (SITC) delivered FFO and revenue surprises of 10.71% and 5.31%, respectively, for the quarter ended June 2022.

4 months ago - Zacks Investment Research

SITE Centers Reports Second Quarter 2022 Operating Results

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Reports Second Quarter 2022 Operating Results

4 months ago - Business Wire

Here's Why You Should Retain SITE Centers (SITC) Stock Now

SITE Centers (SITC) is set to gain from a well-located portfolio, focus on essential retail business and capital-recycling efforts amid higher e-commerce adoption and interest rate hike woes.

4 months ago - Zacks Investment Research

SITE Centers' Second Quarter 2022 Earnings Conference Call to be Held on Thursday, July 28, 2022, at 9:30 a.m. Easter...

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers' Second Quarter 2022 Earnings Conference Call to be Held on Thursday, July 28, 2022, at 9:30 a.m. Eastern Time

4 months ago - Business Wire

SITE Centers Issues 2021 Corporate Sustainability Report

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Issues 2021 Corporate Sustainability Report

5 months ago - Business Wire

Business is shockingly good: SITE Centers CEO

SITE Centers CEO David Lukes discusses how the economic climate is impacting major retailers on 'The Claman Countdown.' #foxbusiness #theclamancountdown

5 months ago - Fox Business

SITE Centers (SITC) Refinances Credit Facility, Stock Up

SITE Centers (SITC) refinances its unsecured revolving credit facility of $950 million and upsizes its unsecured term loan facility to $200 million. It extends maturity for both.

5 months ago - Zacks Investment Research

SITE Centers Refinances $950 Million Unsecured Revolving Credit Facility and Upsizes Unsecured Term Loan Facility

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Refinances $950 Million Unsecured Revolving Credit Facility and Upsizes Unsecured Term Loan Facility

6 months ago - Business Wire

SITE Centers Declares Second Quarter 2022 Class A Preferred Share Dividend

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Declares Second Quarter 2022 Class A Preferred Share Dividend

6 months ago - Business Wire

SITE Centers Declares Common Stock Dividend of $0.13 for Second Quarter 2022

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Declares Common Stock Dividend of $0.13 for Second Quarter 2022

6 months ago - Business Wire

SITE CENTERS CORP. (SITC) Upgraded to Buy: Here's Why

SITE CENTERS CORP. (SITC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

7 months ago - Zacks Investment Research

SITE Centers (SITC) Q1 OFFO & Revenues Beat, NOI Rises Y/Y

SITE Centers' (SITC) first-quarter results gain from same-store NOI growth and increasing property acquisitions.

7 months ago - Zacks Investment Research

SITE CENTERS CORP. (SITC) Q1 FFO and Revenues Beat Estimates

SITE CENTERS CORP. (SITC) delivered FFO and revenue surprises of 7.41% and 3.81%, respectively, for the quarter ended March 2022.

7 months ago - Zacks Investment Research