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SITE Centers Corp. (SITC)

NYSE: SITC · IEX Real-Time Price · USD
15.39 -0.12 (-0.77%)
Dec 3, 2021 4:00 PM EST - Market closed
Market Cap3.25B
Revenue (ttm)515.95M
Net Income (ttm)43.50M
Shares Out211.22M
EPS (ttm)0.21
PE Ratio72.94
Forward PEn/a
Dividend$0.47 (3.05%)
Ex-Dividend DateDec 9, 2021
Volume1,809,823
Open15.47
Previous Close15.51
Day's Range15.13 - 15.61
52-Week Range9.59 - 17.61
Beta1.64
AnalystsBuy
Price Target17.89 (+16.2%)
Earnings Daten/a

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.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateFeb 2, 1993
CEODavid Lukes
Employees323
Stock ExchangeNYSE
Ticker SymbolSITC
Full Company Profile

Financial Performance

In 2020, SITE Centers's revenue was $460.33 million, a decrease of -9.38% compared to the previous year's $507.99 million. Earnings were $35.72 million, a decrease of -64.53%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for SITE Centers stock is "Buy." The 12-month stock price forecast is 17.89, which is an increase of 16.24% from the latest price.

Price Target
$17.89
(16.24% upside)
Analyst Consensus: Buy

News

SITE Centers (SITC) Q3 OFFO & Revenues Top Estimates, NOI Up

SITE Centers' (SITC) Q3 results reflect better-than-anticipated revenue and operating FFO performance.

1 month ago - Zacks Investment Research

SITE CENTERS CORP. (SITC) Q3 FFO and Revenues Top Estimates

SITE CENTERS CORP. (SITC) delivered FFO and revenue surprises of 7.41% and 1.47%, respectively, for the quarter ended September 2021.

1 month ago - Zacks Investment Research

SITE Centers Reports Third Quarter 2021 Operating Results

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Reports Third Quarter 2021 Operating Results

1 month ago - Business Wire

SITE Centers' Third Quarter 2021 Earnings Conference Call to Be Held on Monday, October 25, 2021, at 8:00 a.m. Easter...

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers' Third Quarter 2021 Earnings Conference Call to Be Held on Monday, October 25, 2021, at 8:00 a.m. Eastern Time

1 month ago - Business Wire

How SITE Centers (SITC) Stock Stands Out in a Strong Industry

SITE Centers (SITC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

2 months ago - Zacks Investment Research

SITE Centers Declares Common Stock Dividend of $0.12 for Third Quarter 2021

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Declares Common Stock Dividend of $0.12 for Third Quarter 2021

2 months ago - Business Wire

SITE Centers Declares Third Quarter 2021 Class A Preferred Share Dividend

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Declares Third Quarter 2021 Class A Preferred Share Dividend

3 months ago - Business Wire

SITE Centers (SITC) Q2 OFFO Beats, NOI Rises, Shares Up

SITE Centers' (SITC) Q2 results reflect favorable impact of the pandemic, along with the better-than-anticipated revenue and operating FFO performance.

4 months ago - Zacks Investment Research

SITE CENTERS CORP. (SITC) Tops Q2 FFO and Revenue Estimates

SITE CENTERS CORP. (SITC) delivered FFO and revenue surprises of 29.17% and 8.84%, respectively, for the quarter ended June 2021.

4 months ago - Zacks Investment Research

SITE Centers Reports Second Quarter 2021 Operating Results

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Reports Second Quarter 2021 Operating Results

4 months ago - Business Wire

SITE Centers' Second Quarter 2021 Earnings Conference Call to Be Held on Thursday, July 29, 2021, at 10:00 a.m. Easte...

BEACHWOOD, Ohio--(BUSINESS WIRE)-- #REIT--SITE Centers' Second Quarter 2021 Earnings Conference Call to be Held on Thursday, July 29, 2021, at 10:00 a.m. Eastern Time

4 months ago - Business Wire

SITE Centers Issues 2020 Corporate Responsibility and Sustainability Report

BEACHWOOD, Ohio--(BUSINESS WIRE)---- $SITC #ESG--SITE Centers Issues 2020 Corporate Responsibility and Sustainability Report

5 months ago - Business Wire

SITE Centers (SITC) Buys Shoppes at Addison Place, Stock Up

SITE Centers' (SITC) buyout of Shoppes at Addison Place comes as part of its strategy to enhance portfolio with convenience-oriented assets in affluent communities. It also offers Q2 operational update.

5 months ago - Zacks Investment Research

SITE Centers Provides Second Quarter 2021 Operational Update and Announces Acquisition of Shoppes at Addison Place

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Provides Second Quarter 2021 Operational Update and Announces Acquisition of Shoppes at Addison Place

5 months ago - Business Wire

SITE Centers to Present at the 2021 Nareit's REITweek: Virtual Investor Conference

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers to Present at the 2021 Nareit's REITweek: Virtual Investor Conference

6 months ago - Business Wire

SITE Centers Declares Second Quarter 2021 Class A Preferred Share Dividend

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Declares Second Quarter 2021 Class A Preferred Share Dividend

6 months ago - Business Wire

SITE Centers (SITC) Rewards Investors With 9% Dividend Hike

SITE Centers' (SITC) latest dividend hike reflects the company's ability to generate decent cash flows from its open-air shopping centers in suburban and thriving regions and a robust balance sheet.

6 months ago - Zacks Investment Research

SITE Centers Announces 9% Increase in Common Stock Dividend

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Announces 9% Increase in Common Stock Dividend

6 months ago - Business Wire

SITE Centers (SITC) Q1 OFFO Beats, NOI Falls, Shares Down

Despite better-than-expected revenues, SITE Centers' (SITC) Q1 results reflect the impacts of the pandemic, and reduced interest income and joint venture fees.

7 months ago - Zacks Investment Research

SITE CENTERS CORP. (SITC) Surpasses Q1 FFO and Revenue Estimates

SITE CENTERS CORP. (SITC) delivered FFO and revenue surprises of 21.74% and 9.26%, respectively, for the quarter ended March 2021.

7 months ago - Zacks Investment Research

SITE Centers Reports First Quarter 2021 Operating Results

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Reports First Quarter 2021 Operating Results

7 months ago - Business Wire

SITE CENTERS CORP. (SITC) Up 6.8% Since Last Earnings Report: Can It Continue?

SITE CENTERS CORP. (SITC) reported earnings 30 days ago.

8 months ago - Zacks Investment Research

SITE Centers Declares First Quarter 2021 Class A Preferred Share Dividend

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Declares First Quarter 2021 Class A Preferred Share Dividend

8 months ago - Business Wire

SITE Centers (SITC) Affirms '21 View, Receives 94% of February Rent

SITE Centers (SITC) affirms 2021 OFFO per share guidance and collects roughly 95% and 94% of aggregate base rents for January and February 2021, respectively.

8 months ago - Zacks Investment Research

SITE Centers Affirms 2021 OFFO Guidance and Provides First Quarter 2021 Operational Update

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Affirms 2021 OFFO Guidance and Provides First Quarter 2021 Operational Update

8 months ago - Business Wire