How does SITC.PRA's PE Ratio compare to its peers?

SITC.PRA is good value based on its Price-To-Earnings Ratio (1.1x) compared to the peer average (27.2x).

How does SITC.PRA's PE Ratio compare vs other companies in the US Retail REITs Industry?

SITC.PRA is good value based on its Price-To-Earnings Ratio (1.1x) compared to the US Retail REITs industry average (34.3x).

What is SITC.PRA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SITC.PRA is good value based on its Price-To-Earnings Ratio (1.1x) compared to the estimated Fair Price-To-Earnings Ratio (8.4x).

What is the Fair Price of SITC.PRA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

SITC.PRA ($25.14) is trading below our estimate of [[fair value]] ($66.66)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

SITE Centers (NYSE:SITC.PRA) - Stock Price, News & Analysis

SITC.PRA Stock Overview

SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income communities. More details

SITC.PRA fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	5/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 62.3% below our estimate of its fair value

Earnings grew by 740.8% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 119.3% per year for the next 3 years

Large one-off items impacting financial results

SITE Centers Corp. Competitors

CBL & Associates Properties

NYSE:CBL

US$838.4m

Whitestone REIT

NYSE:WSR

US$735.6m

RPT Realty

NYSE:RPT

US$1.1b

Alexander's

NYSE:ALX

US$1.1b

Price History & Performance

Summary of all time highs, changes and price drops for SITE Centers
Historical stock prices
Current Share Price	US$25.14
52 Week High	US$25.15
52 Week Low	US$21.26
Beta	1.76
11 Month Change	3.46%
3 Month Change	6.26%
1 Year Change	15.96%
33 Year Change	-1.41%
5 Year Change	-6.47%
Change since IPO	0.45%

Recent updates

Shareholder Returns

	SITC.PRA	US Retail REITs	US Market
7D	0.08%	-0.8%	-2.1%
1Y	16.0%	26.3%	29.7%

Return vs Industry: SITC.PRA underperformed the US Retail REITs industry which returned 24.4% over the past year.

Return vs Market: SITC.PRA underperformed the US Market which returned 29.6% over the past year.

Price Volatility

Is SITC.PRA's price volatile compared to industry and market?
SITC.PRA volatility
SITC.PRA Average Weekly Movement	1.8%
Retail REITs Industry Average Movement	2.4%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: SITC.PRA has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SITC.PRA's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1965	220	David Lukes	www.sitecenters.com

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.

SITE Centers Corp. Fundamentals Summary

How do SITE Centers's earnings and revenue compare to its market cap?
SITC.PRA fundamental statistics
Market cap	US$818.96m
Earnings (TTM)	US$722.31m
Revenue (TTM)	US$451.68m

1.1x

P/E Ratio

1.8x

P/S Ratio

Is SITC.PRA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SITC.PRA income statement (TTM)
Revenue	US$451.68m
Cost of Revenue	US$139.25m
Gross Profit	US$312.43m
Other Expenses	-US$409.88m
Earnings	US$722.31m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	13.78
Gross Margin	69.17%
Net Profit Margin	159.91%
Debt/Equity Ratio	11.3%

How did SITC.PRA perform over the long term?

See historical performance and comparison

SITC.PRA Stock Overview

Rewards

Risk Analysis

SITE Centers Corp. Competitors

NYSE:CBL

US$838.4m

NYSE:WSR

US$735.6m

NYSE:RPT

US$1.1b

NYSE:ALX

US$1.1b

Price History & Performance

Recent News & Updates

SITE Centers Corp. (NYSE:SITC) acquired Crossroads Marketplace in Chino Hills, California for $34.2 million.

SITE Centers Corp. to Report Q3, 2024 Results on Oct 30, 2024

SITE Centers Corp. completed the Spin-Off of Curbline Properties Corp. (NYSE:CURB).

SITE Centers Corp. completed the Spin-Off of Curbline Properties Corp. (NYSE:CURB).

SITE Centers Corp. Announces CFO Changes

SITE Centers Corp. (NYSE:SITC) acquired Village Plaza and Brookhaven Station.

Recent updates

SITE Centers Corp. (NYSE:SITC) acquired Crossroads Marketplace in Chino Hills, California for $34.2 million.

SITE Centers Corp. to Report Q3, 2024 Results on Oct 30, 2024

SITE Centers Corp. completed the Spin-Off of Curbline Properties Corp. (NYSE:CURB).

SITE Centers Corp. completed the Spin-Off of Curbline Properties Corp. (NYSE:CURB).

SITE Centers Corp. Announces CFO Changes

SITE Centers Corp. (NYSE:SITC) acquired Village Plaza and Brookhaven Station.

SITE Centers Corp. announced that it has received $530 million in funding

SITE Centers Corp. to Report Q2, 2024 Results on Jul 30, 2024

Pine Tree Commercial Realty, LLC completed the acquisition of Six Property Portfolio of SITE Centers Corp.

SITE Centers Corp. Declares Common Stock Dividend for Second Quarter 2024, Payable on July 9, 2024

Site Centers Corp. Reports Impairment of Real Estate for First Quarter of 2024

SITE Centers Corp. to Report Q1, 2024 Results on Apr 30, 2024

SITE Centers Corp., Annual General Meeting, May 08, 2024

SITE Centers Corp. Appoints Christina M. Yarian as Senior Vice President and Chief Accounting Officer

SITE Centers Corp. Announces the Resignation of Christa A. Vesy, Executive Vice President and Chief Accounting Officer

SITE Centers Corp. Declares First Quarter Dividend, Payable on April 5, 2024

JBL Asset Management, LLC acquired Casselberry Commons from SITE Centers Corp. (NYSE:SITC) for $40.3 million.

SITE Centers Corp. to Report Q4, 2023 Results on Feb 13, 2024

SITE Centers Corp. Declares Special Dividend, Payable on January 12, 2024

SITE Centers Corp. Expects to Declare and Pay Special Cash Dividend Prior to January 31, 2024

SITE Centers Corp. to Report Q3, 2023 Results on Nov 02, 2023

SITE Centers Corp. Declares Dividend on Common Stock for the Third Quarter of 2023, Payable on October 12, 2023

SITE Centers Corp. (NYSE:SITC) acquired Briarcroft Center for $23.5 million.

SITE Centers Corp. to Report Q2, 2023 Results on Jul 25, 2023

SITE Centers Corp. Declares Common Stock Dividend for Second Quarter 2023, Payable on July 6, 2023

Centers Declares Common Stock Dividend for the First Quarter 2023, Payable on April 6, 2023

An unknown buyer acquired Presidential Commons for $7 million.

SITE Centers Corp. to Report Q4, 2022 Results on Feb 08, 2023

SITE Centers Corp. (NYSE:SITC) announces an Equity Buyback for $100 million worth of its shares.

SITE Centers Corp. Declares Common Stock Dividend for Fourth Quarter 2022, Payable on January 6, 2023

SITE Centers Corp. Revises Earnings Guidance for the Year 2022

SITE Centers Corp. to Report Q3, 2022 Results on Oct 25, 2022

SITE Centers Corp. Appoints Barry A. Sholem as an Independent Director

SITE Centers Corp. Declares Common Stock Dividend for Third Quarter 2022, Payable on October 7, 2022

An unknown Buyer acquired Two Broward County Retail Centers from SITE Centers Corp. (NYSE:SITC) for $31.7 million.

SITE Centers Corp. (NYSE:SITC) acquired Fairfax Marketplace, Fairfax Pointe and Boulevard Marketplace for $34.9 million.

Slate Grocery REIT (TSX:SGR.UN) completed the acquisition of 14 properties comprising 2.5 million square feet across United States from SITE Centers Corp. (NYSE:SITC), Madison International Realty, LLC and InvenTrust Properties Corp. (NYSE:IVT).

SITE Centers Corp. to Report Q2, 2022 Results on Jul 28, 2022

SITE Centers Corp. Declares Common Stock Dividend for the Second Quarter of 2022, Payable on July 6, 2022

SITE Centers Corp. (NYSE : SITC) acquired Shops at Boca Center for $90 million.

Mishorim Gold Properties acquired Willowbrook Plaza from Site Centers Corp. (NYSE: SITC) for $37.8 million.

SITE Centers Corp., Annual General Meeting, May 11, 2022

SITE Centers Corp. Declares Common Stock Dividend for the First Quarter of 2022, Payable on April 7, 2022

SITE Centers Corp. (NYSE:SITC) acquired 80% stake in Six Properties in Florida from Madison International Realty, LLC for approximately $110 million.

New Bandera Ventures acquired Heather Island Plaza from SITE Centers Corp. (NYSE:SITC) and Madison International Realty, LLC.

SITE Centers Corp. Declares Second Quarter 2021 Common Stock Dividend, Payable on July 2, 2021

SITE Centers Corp. Revises Earnings Guidance for the Year 2021

SITE Centers Corp. has completed a Follow-on Equity Offering in the amount of $198 million.

SITE Centers Corp. to Report Q4, 2020 Results on Feb 18, 2021

SITE Centers Corp.(NYSE:SITC) dropped from Russell 1000 Dynamic Index

SITE Centers Corp. to Report Q3, 2020 Results on Oct 27, 2020

Teachers Insurance and Annuity Association of America - College Retirement Equities Fund completed the acquisition of remaining 15% stake in DDRTC Core Retail Fund LLC from SITE Centers Corp. (NYSE:SITC) for approximately $140 million. The net proceeds are prior to any working capital adjustments.

SITE Centers Corp. to Report Q2, 2020 Results on Jul 28, 2020

SITE Centers Corp.(NYSE:SITC) dropped from Russell 1000 Dynamic Index

Shareholder Returns

Price Volatility

About the Company

SITE Centers Corp. Fundamentals Summary

1.1x