NYSE:SITC SITE Centers (SITC) Stock Price, News & Analysis → Elon’s New Device is About to Shock the World (From InvestorPlace) (Ad) Free SITC Stock Alerts $13.92 -0.06 (-0.43%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$13.85▼$14.0750-Day Range$13.43▼$14.6552-Week Range$10.88▼$14.71Volume1.60 million shsAverage Volume1.63 million shsMarket Capitalization$2.92 billionP/E Ratio13.65Dividend Yield3.74%Price Target$14.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get SITE Centers alerts: Email Address SITE Centers MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside2.4% Upside$14.25 Price TargetShort InterestHealthy2.54% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.99Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth-10.87%From $0.92 to $0.82 Per ShareSee Full Details Hide Full Details 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.2.91 out of 5 starsFinance Sector534th out of 881 stocksReal Estate Investment Trusts Industry113th out of 181 stocks 1.3 Analyst's Opinion Consensus RatingSITE Centers has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageSITE Centers has only been the subject of 1 research reports in the past 90 days.Read more about SITE Centers' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.54% of the float of SITE Centers has been sold short.Short Interest Ratio / Days to CoverSITE Centers has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in SITE Centers has recently decreased by 14.97%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipSITE Centers is a leading dividend payer. It pays a dividend yield of 3.74%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSITE Centers does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of SITE Centers is 50.98%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, SITE Centers will have a dividend payout ratio of 63.41% next year. This indicates that SITE Centers will be able to sustain or increase its dividend.Read more about SITE Centers' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SITC. Previous Next 3.3 News and Social Media Coverage News SentimentSITE Centers has a news sentiment score of 0.99. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for SITE Centers this week, compared to 3 articles on an average week.Search Interest2 people have searched for SITC on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SITE Centers insiders have not sold or bought any company stock.Percentage Held by Insiders10.10% of the stock of SITE Centers is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions88.70% of the stock of SITE Centers is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about SITE Centers' insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for SITE Centers are expected to decrease by -10.87% in the coming year, from $0.92 to $0.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SITE Centers is 13.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.34.Price to Earnings Ratio vs. SectorThe P/E ratio of SITE Centers is 13.65, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 37.84.Price to Book Value per Share RatioSITE Centers has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about SITE Centers' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceElon’s New Device is About to Shock the WorldUsing this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.” Click here to see the details because there’s a lot of money at stake. 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.Read More SITC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SITC Stock News HeadlinesMay 8, 2024 | finance.yahoo.comSITE Centers Declares Common Stock Dividend of $0.13 for Second Quarter 2024May 6, 2024 | americanbankingnews.comSITE Centers (NYSE:SITC) versus Ready Capital (NYSE:RC) Critical ContrastMay 12, 2024 | Weiss Ratings (Ad)The ONE AI Stock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …May 1, 2024 | finance.yahoo.comSITE Centers Corp (SITC) Q1 2024 Earnings Call Transcript Highlights: Strategic Moves and ...May 1, 2024 | finance.yahoo.comSITE Centers Corp. (NYSE:SITC) Q1 2024 Earnings Call TranscriptMay 1, 2024 | finance.yahoo.comQ1 2024 Site Centers Corp Earnings CallApril 30, 2024 | seekingalpha.comSITE Centers Corp. 2024 Q1 - Results - Earnings Call PresentationApril 30, 2024 | investorplace.comSITC Stock Earnings: SITE Centers Beats EPS, Beats Revenue for Q1 2024May 12, 2024 | Weiss Ratings (Ad)The ONE AI Stock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …April 30, 2024 | bizjournals.com1.5M-square-foot data center campus announced for Lancaster, south of DallasApril 30, 2024 | msn.comStack Infrastructure to fill 100 acres in Lancaster with new data centerApril 30, 2024 | msn.comSITE Centers FFO of $0.28 beats by $0.03, revenue of $120.62M beats by $0.45MApril 30, 2024 | businesswire.comSITE Centers Reports First Quarter 2024 ResultsApril 28, 2024 | msn.comCivic Center public comment period kicks off with stakeholder meetingsApril 23, 2024 | msn.comGov. Kotek to propose federal technical center at Intel's Hillsboro complexApril 23, 2024 | msn.comSurprise City Center project has big plans to transform the areaApril 15, 2024 | finance.yahoo.comSITE Centers’ First Quarter 2024 Earnings Conference Call to be Held on Tuesday, April 30, 2024, at 8:00 a.m. Eastern TimeApril 15, 2024 | businesswire.comSITE Centers' First Quarter 2024 Earnings Conference Call to be Held on Tuesday, April 30, 2024, at 8:00 a.m. Eastern TimeApril 8, 2024 | nasdaq.comSITC Quantitative Stock Analysis - Peter LynchApril 8, 2024 | cbsnews.comOfficials tour of Florida's Urban Search and Rescue Task Force 2 training centerApril 5, 2024 | morningstar.comSITE Centers Corp SITCApril 3, 2024 | msn.comDemolition now underway at future site of Inch & Co. sports complex in York CountyApril 2, 2024 | msn.comLCCC becomes NextFlex Education and Workforce Development Innovation CenterApril 1, 2024 | bizjournals.comTechnology Research Corp. signs 10-year lease at St. Pete’s Baypoint Commerce CenterApril 1, 2024 | msn.comThe Surprise City Center project's first three buildings are slated to be completed this summerMarch 30, 2024 | finance.yahoo.comSITE Centers Corp. (SITC-PA)March 26, 2024 | finance.yahoo.comSITE Centers Corp. (SITC)See More Headlines Receive SITC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SITE Centers and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/13/2024Ex-Dividend for 4/5 Dividend3/13/2024Dividend Payable4/05/2024Today5/12/2024Ex-Dividend for 7/9 Dividend6/18/2024Dividend Payable7/09/2024Next Earnings (Estimated)7/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryN/A Current SymbolNYSE:SITC CUSIPN/A CIK894315 Webwww.sitecenters.com Phone(216) 755-5500Fax216-755-1500Employees220Year FoundedN/APrice Target and Rating Average Stock Price Target$14.25 High Stock Price Target$16.00 Low Stock Price Target$11.00 Potential Upside/Downside+2.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.02 Trailing P/E Ratio13.65 Forward P/E Ratio15.13 P/E GrowthN/ANet Income$265.70 million Net Margins43.36% Pretax Margin43.76% Return on Equity11.83% Return on Assets5.66% Debt Debt-to-Equity Ratio0.80 Current Ratio3.54 Quick Ratio3.54 Sales & Book Value Annual Sales$529.67 million Price / Sales5.51 Cash Flow$2.30 per share Price / Cash Flow6.06 Book Value$9.30 per share Price / Book1.50Miscellaneous Outstanding Shares209,543,000Free Float188,379,000Market Cap$2.92 billion OptionableOptionable Beta1.60 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. David R. Lukes (Age 54)President, CEO & Director Comp: $3.19MMr. Conor M. Fennerty (Age 38)Executive VP, CFO & Treasurer Comp: $1.49MMr. John M. Cattonar (Age 42)Executive VP & Chief Investment Officer Comp: $1.24MMs. Christina M. Yarian (Age 46)Senior VP & Chief Accounting Officer Monica KukrejaCapital Markets & Investor RelationsMr. Aaron M. Kitlowski J.D. (Age 51)Executive VP, General Counsel & Corporate Secretary Ms. Kim M. ScharfSenior Vice President of Information TechnologyMr. Jeff ScottSenior Vice President of Property ReportingMr. Robert SiebenschuhSenior Vice President of Property Accounting OperationsMr. Joseph E. ChuraSenior Vice President of Property OperationsMore ExecutivesKey CompetitorsHannon Armstrong Sustainable Infrastructure CapitalNYSE:HASIBroadstone Net LeaseNYSE:BNLNational Health InvestorsNYSE:NHIHighwoods PropertiesNYSE:HIWCOPT Defense PropertiesNYSE:CDPView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Sold 238,070 shares on 5/10/2024Ownership: 14.366%State Board of Administration of Florida Retirement SystemSold 10,301 shares on 5/9/2024Ownership: 0.102%ProShare Advisors LLCBought 2,647 shares on 5/8/2024Ownership: 0.018%QRG Capital Management Inc.Bought 3,315 shares on 5/8/2024Ownership: 0.009%Chilton Capital Management LLCBought 1,536 shares on 5/7/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions SITC Stock Analysis - Frequently Asked Questions Should I buy or sell SITE Centers stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SITE Centers in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 analysts have issued twelve-month target prices for SITE Centers' shares. Their SITC share price targets range from $11.00 to $16.00. On average, they expect the company's share price to reach $14.25 in the next year. This suggests a possible upside of 2.4% 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 shares have increased by 2.1% and is now trading at $13.92. View the best growth stocks for 2024 here. Are investors shorting SITE Centers? SITE Centers saw a decrease in short interest in April. As of April 30th, there was short interest totaling 4,770,000 shares, a decrease of 15.0% from the April 15th total of 5,610,000 shares. Based on an average daily volume of 1,960,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 2.5% of the company's shares are short sold. View SITE Centers' Short Interest. When is SITE Centers' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024. View our SITC earnings forecast. How were SITE Centers' earnings last quarter? SITE Centers Corp. (NYSE:SITC) posted its quarterly earnings data on Tuesday, February, 13th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.26 by $0.66. The business earned $123.20 million during the quarter, compared to analyst estimates of $127.81 million. SITE Centers had a trailing twelve-month return on equity of 11.83% and a net margin of 43.36%. The business's revenue for the quarter was down 9.7% on a year-over-year basis. During the same period in the prior 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 Wednesday, May 8th. Stockholders of record on Tuesday, June 18th will be given a dividend of $0.13 per share on Tuesday, July 9th. This represents a $0.52 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date of this dividend is Tuesday, June 18th. 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 3.74%. The dividend payout ratio is 50.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SITC will have a dividend payout ratio of 63.41% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SITC. What ETFs hold SITE Centers' stock? ETFs with the largest weight of SITE Centers (NYSE:SITC) stock in their portfolio include Cambria Global Real Estate ETF (BLDG), Fidelity Real Estate Investment ETF (FPRO), RiverFront Dynamic US Dividend Advantage ETF (RFDA) and Invesco S&P SmallCap Financials ETF (PSCF).SPDR S&P 600 Small Cap ETF (SLY). Who are SITE Centers' major shareholders? SITE Centers' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.37%), Daiwa Securities Group Inc. (1.43%), Principal Financial Group Inc. (0.51%), Peregrine Capital Management LLC (0.21%), Sei Investments Co. (0.14%) and LSV Asset Management (0.11%). 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 5/12/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaThe ONE AI Stock to own now. (It’s not Nvidia.)Weiss RatingsCollapse of the Petrodollar Colonial MetalsHe Is Giving Away BitcoinCrypto Swap ProfitsGold Set to EXPLODE!Gold Safe Exchange[Webinar] A Deep Dive into Options Volatility: Skew & Relative ValueOICMissed NVDA? Buy this AI stock NOWChaikin AnalyticsYou need to know these two things about AI stocks ASAP…InvestorPlace Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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