NYSE:SITC SITE Centers (SITC) Stock Price, News & Analysis $15.67 +0.39 (+2.55%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$15.27▼$15.6850-Day Range$14.00▼$15.6752-Week Range$10.88▼$15.81Volume2.28 million shsAverage Volume1.87 million shsMarket Capitalization$3.28 billionP/E Ratio15.36Dividend Yield3.32%Price Target$14.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get SITE Centers alerts: Email Address SITE Centers MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside8.5% Downside$14.33 Price TargetShort InterestHealthy2.91% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.46Based on 4 Articles This WeekInsider TradingSelling Shares$22.79 M Sold Last QuarterProj. Earnings Growth-15.56%From $0.90 to $0.76 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.1.99 out of 5 starsFinance Sector656th out of 898 stocksReal Estate Investment Trusts Industry134th 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 3.0 Short Interest Percentage of Shares Shorted2.91% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in SITE Centers has recently increased by 3.54%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldSITE Centers pays a meaningful dividend of 3.42%, higher than the bottom 25% of all stocks that pay dividends.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 68.42% 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 2.5 News and Social Media Coverage News SentimentSITE Centers has a news sentiment score of 0.46. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for SITE Centers this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for SITC on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows1 people have added SITE Centers to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SITE Centers insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $22,785,354.00 in 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 -15.56% in the coming year, from $0.90 to $0.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SITE Centers is 15.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of SITE Centers is 15.36, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.03.Price to Book Value per Share RatioSITE Centers has a P/B Ratio of 1.64. 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 Monument Traders AllianceNEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...Click here to see how >>> 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 HeadlinesJuly 2, 2024 | insidertrades.comSITE Centers Corp. (NYSE:SITC) Director Alexander Otto Sells 357,568 SharesJune 28, 2024 | insidertrades.comAlexander Otto Sells 228,042 Shares of SITE Centers Corp. (NYSE:SITC) StockJuly 26, 2024 | Porter & Company (Ad)Nvidia insiders dumping sharesAll the signs show the AI market is about to reverse. And unless you know what’s really going on in this sector, you could be wiped out. Inside this new expose, you'll discover exactly how the AI crisis will unfold... how you can prepare for it before it's too late... and how you can potentially profit from it, too. Click here to read the new expose, The Big AI Die-Up while you still can.June 27, 2024 | insidertrades.comAlexander Otto Sells 384,663 Shares of SITE Centers Corp. (NYSE:SITC) StockJuly 24 at 5:24 AM | cbsnews.comUnited Center's 1901 Project aims to transform Chicago's West SideJuly 24 at 5:24 AM | msn.comMassive, $7 billion-proposed transformation of United Center site unveiledJuly 24 at 5:24 AM | msn.comRenderings: Big plans to transform the United CenterJuly 23 at 7:30 AM | americanbankingnews.comSITE Centers (SITC) to Release Earnings on TuesdayJuly 26, 2024 | Porter & Company (Ad)Nvidia insiders dumping sharesAll the signs show the AI market is about to reverse. And unless you know what’s really going on in this sector, you could be wiped out. Inside this new expose, you'll discover exactly how the AI crisis will unfold... how you can prepare for it before it's too late... and how you can potentially profit from it, too. Click here to read the new expose, The Big AI Die-Up while you still can.June 13, 2024 | businesswire.comSITE Centers Announces Sale of Six-Property PortfolioJune 3, 2024 | businesswire.comSITE Centers Provides 2024 Transaction and Financing UpdateMay 31, 2024 | businesswire.comSITE Centers Declares Second Quarter 2024 Class A Preferred Share DividendMay 29, 2024 | msn.comIdea to offer on-site childcare to some state employees in SC under explorationMay 28, 2024 | msn.comNavigation Center shelter relocation welcomed by some neighbors in Seattle's CIDMay 8, 2024 | finance.yahoo.comSITE Centers Declares Common Stock Dividend of $0.13 for Second Quarter 2024May 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 CallSee 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 7/9 Dividend6/18/2024Dividend Payable7/09/2024Today7/26/2024Next Earnings (Confirmed)7/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryTrading Current SymbolNYSE:SITC CUSIPN/A CIK894315 Webwww.sitecenters.com Phone(216) 755-5500Fax216-755-1500Employees270Year FoundedN/APrice Target and Rating Average Stock Price Target$14.33 High Stock Price Target$16.00 Low Stock Price Target$11.00 Potential Upside/Downside-8.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.02 Trailing P/E Ratio15.36 Forward P/E Ratio17.41 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$539.46 million Price / Sales6.09 Cash Flow$2.38 per share Price / Cash Flow6.59 Book Value$9.56 per share Price / Book1.64Miscellaneous Outstanding Shares209,540,000Free Float188,379,000Market Cap$3.28 billion OptionableOptionable Beta1.64 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. 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 CompetitorsJefferies Financial GroupNYSE:JEFEssential Properties Realty TrustNYSE:EPRTStepStone GroupNASDAQ:STEPFreedomNASDAQ:FRHCPiper Sandler CompaniesNYSE:PIPRView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 3,638 shares on 7/26/2024Ownership: 0.967%Signature Estate & Investment Advisors LLCBought 17,103 shares on 7/26/2024Ownership: 0.008%Allspring Global Investments Holdings LLCBought 2,903 shares on 7/26/2024Ownership: 0.001%Louisiana State Employees Retirement SystemBought 1,500 shares on 7/24/2024Ownership: 0.043%Nisa Investment Advisors LLCBought 1,894 shares on 7/20/2024Ownership: 0.042%View All Insider TransactionsView All Institutional Transactions SITC Stock Analysis - Frequently Asked Questions How have SITC shares performed this year? SITE Centers' stock was trading at $13.63 on January 1st, 2024. Since then, SITC shares have increased by 15.0% and is now trading at $15.67. View the best growth stocks for 2024 here. How were SITE Centers' earnings last quarter? SITE Centers Corp. (NYSE:SITC) released its quarterly earnings data on Tuesday, February, 13th. The company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.26 by $0.66. The company's revenue for the quarter was down 9.7% on a year-over-year basis. When did SITE Centers' stock split? SITE Centers's stock reverse split before market open on Monday, August 19th 2024. The 1-4 reverse split was announced on Monday, August 19th 2024. The number of shares owned by shareholders will be adjusted after the market closes on Monday, August 19th 2024. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split. Who are SITE Centers' major shareholders? Top institutional investors of SITE Centers include Bank of New York Mellon Corp (0.97%), TCW Group Inc. (0.10%), Sumitomo Mitsui Trust Holdings Inc. (0.09%) and Louisiana State Employees Retirement System (0.04%). Insiders that own company stock include Alexander Otto, David R Lukes, Conor Fennerty, John M Cattonar and Christa A Vesy. 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 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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