NYSE:SITC

SITE Centers (SITC) Stock Price, News & Analysis

$13.62
-0.14 (-1.02%)
(As of 05:13 PM ET)
Today's Range
$13.53
$13.69
50-Day Range
$13.43
$14.65
52-Week Range
$10.88
$14.71
Volume
1.85 million shs
Average Volume
2.06 million shs
Market Capitalization
$2.85 billion
P/E Ratio
11.26
Dividend Yield
3.82%
Price Target
$14.25

SITE Centers MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
4.7% Upside
$14.25 Price Target
Short Interest
Healthy
2.99% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.86mentions of SITE Centers in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-10.23%
From $0.88 to $0.79 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.90 out of 5 stars

Finance Sector

536th out of 859 stocks

Real Estate Investment Trusts Industry

108th out of 181 stocks

SITC stock logo

About SITE Centers Stock (NYSE: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.

SITC Stock Price History

SITC Stock News Headlines

Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
SITE Centers Corp SITC
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
SITE Centers Corp. (SITC-PA)
SITE Centers Corp. (SITC)
SITC Jul 2024 12.340 put
SITC Apr 2024 12.340 put
Piper Sandler Keeps Their Buy Rating on SITE Centers (SITC)
It's Time! 3 Overplayed REITs to Sell in February
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Ex-Dividend for 4/5 Dividend
3/13/2024
Dividend Payable
4/05/2024
Today
4/25/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Employees
220
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.25
High Stock Price Target
$16.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+4.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$265.70 million
Pretax Margin
49.02%

Debt

Sales & Book Value

Annual Sales
$539.46 million
Cash Flow
$2.28 per share
Book Value
$9.56 per share

Miscellaneous

Free Float
188,212,000
Market Cap
$2.85 billion
Optionable
Optionable
Beta
1.58
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SITC Stock Analysis - Frequently Asked Questions

Should I buy or sell SITE Centers stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SITE Centers in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SITC shares.
View SITC analyst ratings
or view top-rated stocks.

What is SITE Centers' stock price target for 2024?

4 equities research analysts have issued 12 month price objectives for SITE Centers' shares. Their SITC share price targets range from $11.00 to $16.00. On average, they predict the company's stock price to reach $14.25 in the next year. This suggests a possible upside of 4.7% from the stock's current price.
View analysts price targets for SITC
or view top-rated stocks among Wall Street analysts.

How have SITC shares performed in 2024?

SITE Centers' stock was trading at $13.63 on January 1st, 2024. Since then, SITC stock has decreased by 0.1% and is now trading at $13.61.
View the best growth stocks for 2024 here
.

When is SITE Centers' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our SITC earnings forecast
.

How can I listen to SITE Centers' earnings call?

SITE Centers will be holding an earnings conference call on Tuesday, April 30th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "4967980".

How were SITE Centers' earnings last quarter?

SITE Centers Corp. (NYSE:SITC) released its quarterly earnings data on Tuesday, February, 13th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.66. The business had revenue of $123.20 million for the quarter, compared to the consensus estimate of $127.81 million. SITE Centers had a net margin of 49.25% and a trailing twelve-month return on equity of 14.00%. SITE Centers's quarterly revenue was down 9.7% on a year-over-year basis. During the same quarter last year, the business posted $0.29 EPS.

How often does SITE Centers pay dividends? What is the dividend yield for SITE Centers?

SITE Centers declared a quarterly dividend on Tuesday, February 13th. Investors of record on Thursday, March 14th will be given a dividend of $0.13 per share on Friday, April 5th. This represents a $0.52 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date of this dividend is Wednesday, March 13th.
Read our dividend analysis for SITC
.

Is SITE Centers a good dividend stock?

SITE Centers (NYSE:SITC) pays an annual dividend of $0.52 per share and currently has a dividend yield of 3.77%. The dividend payout ratio is 42.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SITC will have a dividend payout ratio of 65.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SITC.

Who are SITE Centers' major shareholders?

SITE Centers' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.10%), Louisiana State Employees Retirement System (0.04%), Pensionfund DSM Netherlands (0.01%) and Pensionfund Sabic (0.01%). Insiders that own company stock include Alexander Otto, Christa A Vesy, Conor Fennerty, David R Lukes, John M Cattonar and Terrance R Ahern.
View institutional ownership trends
.

How do I buy shares of SITE Centers?

Shares of SITC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SITC) was last updated on 4/25/2024 by MarketBeat.com Staff

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