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S&P 500   3,925.43
DOW   31,961.86
QQQ   324.13
S&P 500   3,925.43
DOW   31,961.86
QQQ   324.13
S&P 500   3,925.43
DOW   31,961.86
QQQ   324.13
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NYSE:SITC

SITE Centers Stock Forecast, Price & News

$13.73
+0.41 (+3.08 %)
(As of 02/24/2021 12:00 AM ET)
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Today's Range
$13.32
Now: $13.73
$13.83
50-Day Range
$10.14
MA: $11.55
$13.32
52-Week Range
$3.60
Now: $13.73
$13.83
Volume2.03 million shs
Average Volume1.52 million shs
Market Capitalization$2.65 billion
P/E Ratio85.81
Dividend Yield1.50%
Beta1.66
SITE Centers is an owner and manager of open-air shopping centers that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. 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.

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
CIKN/A
Phone216-755-5500
Employees361
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$448.64 million
Cash Flow$1.79 per share
Book Value$8.55 per share

Profitability

Net Income$100.70 million

Miscellaneous

Market Cap$2.65 billion
Next Earnings Date4/29/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.20 out of 5 stars

Finance Sector

888th out of 1,937 stocks

Real Estate Investment Trusts Industry

193rd out of 273 stocks

Analyst Opinion: 1.2Community Rank: 1.5Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -
$13.73
+0.41 (+3.08 %)
(As of 02/24/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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SITE Centers (NYSE:SITC) Frequently Asked Questions

Is SITE Centers a buy right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SITE Centers in the last year. There are currently 9 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SITE Centers stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SITC, but not buy additional shares or sell existing shares.
View analyst ratings for SITE Centers
or view top-rated stocks.

What stocks does MarketBeat like better than SITE Centers?

Wall Street analysts have given SITE Centers a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but SITE Centers wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting SITE Centers?

SITE Centers saw a increase in short interest in January. As of January 15th, there was short interest totaling 7,500,000 shares, an increase of 13.5% from the December 31st total of 6,610,000 shares. Based on an average daily volume of 1,740,000 shares, the short-interest ratio is presently 4.3 days. Currently, 4.6% of the shares of the stock are short sold.
View SITE Centers' Short Interest
.

When is SITE Centers' next earnings date?

SITE Centers is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for SITE Centers
.

How were SITE Centers' earnings last quarter?

SITE Centers Corp. (NYSE:SITC) released its quarterly earnings data on Thursday, February, 18th. The company reported ($0.03) EPS for the quarter, missing the Zacks' consensus estimate of $0.24 by $0.27. SITE Centers had a net margin of 14.52% and a trailing twelve-month return on equity of 3.76%.
View SITE Centers' earnings history
.

How has SITE Centers' stock price been impacted by Coronavirus?

SITE Centers' stock was trading at $9.27 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SITC shares have increased by 48.1% and is now trading at $13.73.
View which stocks have been most impacted by COVID-19
.

How often does SITE Centers pay dividends? What is the dividend yield for SITE Centers?

SITE Centers announced a quarterly dividend on Thursday, February 18th. Investors of record on Thursday, March 18th will be paid a dividend of $0.11 per share on Tuesday, April 6th. This represents a $0.44 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date of this dividend is Wednesday, March 17th. This is a boost from SITE Centers's previous quarterly dividend of $0.05.
View SITE Centers' dividend history
.

Is SITE Centers a good dividend stock?

SITE Centers pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.50%. SITE Centers does not yet have a strock track record of dividend growth. The dividend payout ratio of SITE Centers is 15.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SITE Centers will have a dividend payout ratio of 20.41% next year. This indicates that SITE Centers will be able to sustain or increase its dividend.
View SITE Centers' dividend history.

What guidance has SITE Centers issued on next quarter's earnings?

SITE Centers issued an update on its FY 2021 Pre-Market earnings guidance on Thursday, February, 18th. The company provided earnings per share (EPS) guidance of 0.90-1.00 for the period.

What price target have analysts set for SITC?

13 Wall Street analysts have issued twelve-month price objectives for SITE Centers' shares. Their forecasts range from $6.50 to $13.00. On average, they anticipate SITE Centers' share price to reach $9.69 in the next year. This suggests that the stock has a possible downside of 29.4%.
View analysts' price targets for SITE Centers
or view top-rated stocks among Wall Street analysts.

Who are SITE Centers' key executives?

SITE Centers' management team includes the following people:
  • Mr. David R. Lukes, Pres, CEO & Director (Age 51, Pay $2.35M)
  • Mr. Conor M. Fennerty, Exec. VP, CFO & Treasurer (Age 35, Pay $2.31M)
  • Ms. Christa A. Vesy CPA, Exec. VP & Chief Accounting Officer (Age 50, Pay $634.44k)
  • Mr. John M. Cattonar, Sr. VP of Investments
  • Mr. Brandon Day-Anderson, Head of Investor Relations
  • Mr. Eric C. Cotton, Deputy Gen. Counsel & Corp. Compliance Officer
  • Mr. Aaron M. Kitlowski J.D., Exec. VP, Gen. Counsel & Corp. Sec. (Age 48)
  • Mr. Rob McGovern, Sr. VP of Leasing
  • Ms. Kim M. Scharf, Sr. VP of Information Technology
  • Mr. Jeff Scott, Sr. VP of Property Reporting

Who are some of SITE Centers' key competitors?

What is SITE Centers' stock symbol?

SITE Centers trades on the New York Stock Exchange (NYSE) under the ticker symbol "SITC."

Who are SITE Centers' major shareholders?

SITE Centers' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.12%), Heitman Real Estate Securities LLC (2.54%), Daiwa Securities Group Inc. (2.54%), Frontier Capital Management Co. LLC (1.96%), Alliancebernstein L.P. (1.67%) and Nuveen Asset Management LLC (1.56%). Company insiders that own SITE Centers stock include Alexander Otto, Conor Fennerty, David R Lukes, Dawn M Sweeney and Michael Makinen.
View institutional ownership trends for SITE Centers
.

Which institutional investors are selling SITE Centers stock?

SITC stock was sold by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., Jupiter Asset Management Ltd., Bank of New York Mellon Corp, Staley Capital Advisers Inc., Alliancebernstein L.P., Kempen Capital Management N.V., Barclays PLC, and Frontier Capital Management Co. LLC.
View insider buying and selling activity for SITE Centers
or view top insider-selling stocks.

Which institutional investors are buying SITE Centers stock?

SITC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Heitman Real Estate Securities LLC, Nuveen Asset Management LLC, Canada Pension Plan Investment Board, First Trust Advisors LP, SG Americas Securities LLC, Credit Suisse AG, and Virginia Retirement Systems ET AL. 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
or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is SITE Centers' stock price today?

One share of SITC stock can currently be purchased for approximately $13.73.

How much money does SITE Centers make?

SITE Centers has a market capitalization of $2.65 billion and generates $448.64 million in revenue each year. The company earns $100.70 million in net income (profit) each year or $1.27 on an earnings per share basis.

How many employees does SITE Centers have?

SITE Centers employs 361 workers across the globe.

What is SITE Centers' official website?

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

Where are SITE Centers' headquarters?

SITE Centers is headquartered at 3300 ENTERPRISE PARKWAY, BEACHWOOD OH, 44122.

How can I contact SITE Centers?

SITE Centers' mailing address is 3300 ENTERPRISE PARKWAY, BEACHWOOD OH, 44122. The company can be reached via phone at 216-755-5500.


This page was last updated on 2/25/2021 by MarketBeat.com Staff

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