NYSE:SITC SITE Centers (SITC) Stock Price, News & Analysis → Charles Payne Demystifies Options (From Unstoppable Prosperity) (Ad) Free SITC Stock Alerts $13.97 +0.11 (+0.79%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$13.82▼$14.1750-Day Range$13.43▼$14.6552-Week Range$10.88▼$14.71Volume1.87 million shsAverage Volume1.92 million shsMarket Capitalization$2.93 billionP/E Ratio13.70Dividend Yield3.72%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/Downside2.0% Upside$14.25 Price TargetShort InterestHealthy2.99% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.41Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth-10.99%From $0.91 to $0.81 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.2.66 out of 5 starsFinance Sector573rd out of 874 stocksReal Estate Investment Trusts Industry119th 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. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.99% 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 2.7, 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 8.18%, 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 3.72%, 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 64.20% next year. This indicates that SITE Centers will be able to sustain or increase its 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 2.5 News and Social Media Coverage News SentimentSITE Centers has a news sentiment score of 0.41. 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 lower news sentiment than the 0.54 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for SITE Centers this week, compared to 3 articles on an average week.Search Interest3 people have searched for SITC on MarketBeat in the last 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. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for SITE Centers are expected to decrease by -10.99% in the coming year, from $0.91 to $0.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SITE Centers is 13.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.13.Price to Earnings Ratio vs. SectorThe P/E ratio of SITE Centers is 13.70, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.26.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. 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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 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 5, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.May 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 2024April 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 centerMay 5, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.April 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 28, 2024 | americanbankingnews.comSITE Centers (SITC) to Release Earnings on TuesdayApril 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)March 17, 2024 | finance.yahoo.comSITC Jul 2024 12.340 putSee 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 Payable4/05/2024Today5/05/2024Next 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+2.0%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.02 Trailing P/E Ratio13.70 Forward P/E Ratio15.35 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 Ratio3.24 Sales & Book Value Annual Sales$539.46 million Price / Sales5.43 Cash Flow$2.31 per share Price / Cash Flow6.06 Book Value$9.30 per share Price / Book1.50Miscellaneous Outstanding Shares209,540,000Free Float188,379,000Market Cap$2.93 billion OptionableOptionable Beta1.60 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.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:HASINational Storage Affiliates TrustNYSE:NSAHighwoods PropertiesNYSE:HIWMedical Properties TrustNYSE:MPWNational Health InvestorsNYSE:NHIView All CompetitorsInsiders & InstitutionsDaiwa Securities Group Inc.Sold 10,775 shares on 5/2/2024Ownership: 1.433%BNP Paribas Financial MarketsBought 16,969 shares on 5/1/2024Ownership: 0.046%Principal Financial Group Inc.Bought 127,278 shares on 4/29/2024Ownership: 0.510%Peregrine Capital Management LLCSold 26,337 shares on 4/26/2024Ownership: 0.206%Yousif Capital Management LLCSold 7,646 shares on 4/26/2024Ownership: 0.039%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 twelve months. 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 brokers have issued 1 year price objectives 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 twelve months. This suggests a possible upside of 2.0% 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 at the beginning of the year. Since then, SITC stock has increased by 2.5% and is now trading at $13.97. View the best growth stocks for 2024 here. 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 earnings results 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 firm had revenue of $123.20 million for 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 quarter last year, the firm posted $0.29 EPS. How often does SITE Centers pay dividends? What is the dividend yield for SITE Centers? SITE Centers announced a quarterly dividend on Tuesday, February 13th. Investors of record on Thursday, March 14th will be paid a dividend of $0.13 per share on Friday, April 5th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date of this dividend is Wednesday, March 13th. 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 3.72%. 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 64.20% 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), Goldman Sachs Small Cap Core Equity ETF (GSC), 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 investors include Daiwa Securities Group Inc. (1.43%), Principal Financial Group Inc. (0.51%), Peregrine Capital Management LLC (0.21%), Sumitomo Mitsui Trust Holdings Inc. (0.10%), BNP Paribas Financial Markets (0.05%) and Louisiana State Employees Retirement System (0.04%). 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 5/5/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldElon to Transform U.S. Economy? Porter & CompanyAutomatic Income (from home)Awesomely, LLCCould Your Accounts Be Frozen?Allegiance GoldCharles Payne Demystifies OptionsUnstoppable ProsperityThe asset beating inflation by 4xColonial MetalsExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersUrgent Nvidia WarningAltimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding SITE Centers Corp. 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