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SITE Centers NYSE:SITC Stock Report

Last Price

US$13.55

Market Cap

US$2.8b

7D

-2.4%

1Y

13.0%

Updated

18 Apr, 2024

Data

Company Financials +

SITE Centers Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SITE Centers
Historical stock prices
Current Share PriceUS$13.55
52 Week HighUS$14.71
52 Week LowUS$10.88
Beta1.61
1 Month Change-3.28%
3 Month Change-2.17%
1 Year Change13.01%
3 Year Change-5.18%
5 Year Change2.42%
Change since IPO-44.41%

Recent News & Updates

Recent updates

SITE Centers Remains A Solid Investment Even After The Spinoff

Feb 27

SITE Centers: Asset Sales Highlight Extreme Undervaluation

Nov 01

SITE Centers: Holding Steady

Oct 22

SITE Centers: The 6.85% Yielding Preferred Shares Are Intriguing

Jul 19

Here's Why We Think SITE Centers (NYSE:SITC) Might Deserve Your Attention Today

Feb 16
Here's Why We Think SITE Centers (NYSE:SITC) Might Deserve Your Attention Today

SITE Centers Corp.: Shares Appear Fairly Valued Following Q4FY22 Results

Feb 13

SITE Centers Q4 2022 Earnings Preview

Feb 07

SITE Centers announces $166.3M property sales in Q4

Jan 09

SITE Centers to buy back stock in $100M repurchase plan

Dec 20

SITE Centers declares $0.13 dividend

Nov 01

SITE Centers: High Quality Shopping Centers On The Clearance Rack

Oct 24

SITE Centers declares $0.13 dividend

Sep 07

SITE Centers: Not Differentiated Enough For Selective Investors

Aug 30

SITE Centers FFO, revenue beat estimates, raises 2022 guidance

Jul 28

SITE Centers: The Picture Continues To Improve

Jun 16

Shareholder Returns

SITCUS Retail REITsUS Market
7D-2.4%-2.8%-3.7%
1Y13.0%0.6%20.5%

Return vs Industry: SITC exceeded the US Retail REITs industry which returned 0.6% over the past year.

Return vs Market: SITC underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is SITC's price volatile compared to industry and market?
SITC volatility
SITC Average Weekly Movement2.8%
Retail REITs Industry Average Movement3.1%
Market Average Movement6.0%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.0%

Stable Share Price: SITC has not had significant price volatility in the past 3 months.

Volatility Over Time: SITC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1965220David Lukeswww.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 fundamental statistics
Market capUS$2.84b
Earnings (TTM)US$253.94m
Revenue (TTM)US$550.86m

11.2x

P/E Ratio

5.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SITC income statement (TTM)
RevenueUS$550.86m
Cost of RevenueUS$165.72m
Gross ProfitUS$385.14m
Other ExpensesUS$131.19m
EarningsUS$253.94m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)1.21
Gross Margin69.92%
Net Profit Margin46.10%
Debt/Equity Ratio74.8%

How did SITC perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

50%

Payout Ratio
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