SITE Centers Stock Forecast, Price & News

SITE Centers' stock was trading at $9.27 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SITC stock has increased by 11.9% and is now trading at $10.37.
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10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SITE Centers in the last year. There are currently 9 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for SITE Centers or view MarketBeat's top 5 stock picks.

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SITE Centers is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for SITE Centers.

SITE Centers Corp. (NASDAQ:SITC) posted its earnings results on Sunday, November, 1st. The company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by $0.22. The business had revenue of $95.94 million for the quarter, compared to analyst estimates of $101.97 million. The business's revenue was down 12.5% on a year-over-year basis. During the same period last year, the business earned $0.30 earnings per share.
View SITE Centers' earnings history.

SITE Centers announced a quarterly dividend on Thursday, November 19th. Shareholders of record on Friday, December 11th will be paid a dividend of $0.05 per share on Thursday, January 7th. This represents a $0.20 annualized dividend and a yield of 1.93%. The ex-dividend date is Thursday, December 10th.
View SITE Centers' dividend history.

10 brokers have issued 1-year price objectives for SITE Centers' stock. Their forecasts range from $6.50 to $15.00. On average, they anticipate SITE Centers' share price to reach $8.94 in the next twelve months. This suggests that the stock has a possible downside of 13.8%.
View analysts' price targets for SITE Centers.

Some companies that are related to SITE Centers include RioCan Real Estate Investment Trust (REI.UN), SmartCentres Real Estate Investment Trst (SRU.UN), Choice Properties Real Est Invstmnt Trst (CHP.UN), CT Real Estate Investment Trust (CRT.UN), British Land Company Plc (BLND.L) (BLND), Shaftesbury PLC (SHB.L) (SHB), Hammerson plc (HMSO.L) (HMSO), Slate Retail REIT (SRT.UN), Plaza Retail REIT (PLZ.UN), Supermarket Income REIT plc (SUPR.L) (SUPR), NewRiver REIT plc (NRR.L) (NRR), Capital & Regional Plc (CAL.L) (CAL), Intu Properties (INTU), HMG/Courtland Properties (HMG) and The Local Shopping REIT PLC (LSR.L) (LSR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other SITE Centers investors own include Enbridge (ENB), Brookfield Property Partners (BPY), Gilead Sciences (GILD), Intel (INTC), The Macerich (MAC), Pfizer (PFE), Exxon Mobil (XOM), AGNC Investment (AGNC), Amgen (AMGN) and American Tower (AMT).

SITE Centers trades on the NASDAQ under the ticker symbol "SITC."

SITE Centers' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.38%), Great West Life Assurance Co. Can (6.96%), State Street Corp (3.96%), Daiwa Securities Group Inc. (3.57%), LSV Asset Management (2.49%) and Heitman Real Estate Securities LLC (1.92%). Company insiders that own SITE Centers stock include Conor Fennerty, David R Lukes, Dawn M Sweeney and Michael Makinen.
View institutional ownership trends for SITE Centers.

SITC stock was sold by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., BlackRock Inc., AQR Capital Management LLC, State Street Corp, LSV Asset Management, SG Americas Securities LLC, State of New Jersey Common Pension Fund D, and First Trust Advisors LP.
View insider buying and selling activity for SITE Centers.

SITC stock was bought by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Heitman Real Estate Securities LLC, Jupiter Asset Management Ltd., JPMorgan Chase & Co., Victory Capital Management Inc., UBS Asset Management Americas Inc., Comerica Bank, and Morgan Stanley. Company insiders that have bought SITE Centers stock in the last two years include Conor Fennerty, David R Lukes, Dawn M Sweeney, and Michael Makinen.
View insider buying and selling activity for SITE Centers.

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

One share of SITC stock can currently be purchased for approximately $10.37.

SITE Centers has a market capitalization of $2.00 billion. SITE Centers employs 361 workers across the globe.

The official website for SITE Centers is www.sitecenters.com.

The company can be reached via phone at (216) 755-5500.