SITE Centers Corp.

NYSE:SITC Stock Report

Market Cap: US$787.0m

SITE Centers Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

David Lukes

Chief executive officer

US$6.7m

Total compensation

CEO salary percentage13.4%
CEO tenure7.8yrs
CEO ownershipn/a
Management average tenure7.1yrs
Board average tenureless than a year

Recent management 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

CEO Compensation Analysis

How has David Lukes's remuneration changed compared to SITE Centers's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$722m

Jun 30 2024n/an/a

US$448m

Mar 31 2024n/an/a

US$215m

Dec 31 2023US$7mUS$900k

US$254m

Sep 30 2023n/an/a

US$86m

Jun 30 2023n/an/a

US$103m

Mar 31 2023n/an/a

US$158m

Dec 31 2022US$7mUS$900k

US$157m

Sep 30 2022n/an/a

US$188m

Jun 30 2022n/an/a

US$150m

Mar 31 2022n/an/a

US$106m

Dec 31 2021US$7mUS$900k

US$106m

Sep 30 2021n/an/a

US$43m

Jun 30 2021n/an/a

US$20m

Mar 31 2021n/an/a

-US$3m

Dec 31 2020US$9mUS$865k

US$15m

Sep 30 2020n/an/a

US$31m

Jun 30 2020n/an/a

US$44m

Mar 31 2020n/an/a

US$62m

Dec 31 2019US$7mUS$850k

US$61m

Sep 30 2019n/an/a

US$223m

Jun 30 2019n/an/a

US$191m

Mar 31 2019n/an/a

US$170m

Dec 31 2018US$6mUS$850k

US$80m

Sep 30 2018n/an/a

-US$319m

Jun 30 2018n/an/a

-US$309m

Mar 31 2018n/an/a

-US$274m

Dec 31 2017US$8mUS$705k

-US$271m

Compensation vs Market: David's total compensation ($USD6.74M) is above average for companies of similar size in the US market ($USD3.30M).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.

CEO

David Lukes (54 yo)

7.8yrs

Tenure

US$6,740,650

Compensation

Mr. David R. Lukes is President and CEO of Curbline Properties Corp. since November 2023 and serves as Director. Mr. Lukes has been the Chief Executive Officer and President of SITE Centers Corp. since Mar...

Leadership Team

NamePositionTenureCompensationOwnership
David Lukes
President7.8yrsUS$6.74mno data
John Cattonar
Executive VP7.6yrsUS$2.70m0.017%
$ 132.0k
Gerald Morgan
Executive VPless than a yearno datano data
Jeffrey Scott
SVP & Chief Accounting Officerless than a yearno data0.025%
$ 194.5k
Aaron Kitlowski
Executive VP7.1yrsno data0.23%
$ 1.8m
Stephanie de Perez
Vice President of Capital Marketsno datano datano data
Dale Johnson
VP & Corporate Controllerno datano datano data
Edward Sullivan
Vice President of Property Management - Eastern Regionno datano datano data
Francis Gonzalez
Vice President of Property Management for PRno datano datano data
Kevin Jones
Regional Leasing Managerno datano datano data
Iris Wolstein
Memberno datano datano data

7.1yrs

Average Tenure

52.5yo

Average Age

Experienced Management: SITC's management team is seasoned and experienced (7.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
David Lukes
President7.8yrsUS$6.74mno data
John Cattonar
Executive VPless than a yearUS$2.70m0.017%
$ 132.0k
Dawn Sweeney
Independent Chairman6.2yrsUS$219.91k0.029%
$ 231.3k
Cynthia Foster Curry
Directorless than a yearno datano data
Gary Boston
Directorless than a yearno datano data

0.2yrs

Average Tenure

54yo

Average Age

Experienced Board: SITC's board of directors are not considered experienced ( 0.2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:20
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

SITE Centers Corp. is covered by 36 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard MilliganBaird
Floris Gerbrand van DijkumBoenning & Scattergood, Inc.
Craig SchmidtBofA Global Research