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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Obama’s 2024 Confession (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
AI Stock Caught Trading Under Secret Name (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
AI Stock Caught Trading Under Secret Name (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Obama’s 2024 Confession (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
AI Stock Caught Trading Under Secret Name (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
AI Stock Caught Trading Under Secret Name (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Obama’s 2024 Confession (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
AI Stock Caught Trading Under Secret Name (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
AI Stock Caught Trading Under Secret Name (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
NYSE:SITC

SITE Centers (SITC) Stock Price, News & Analysis

$13.87
-0.18 (-1.28%)
(As of 02/23/2024 ET)
Today's Range
$13.87
$14.07
50-Day Range
$13.19
$14.31
52-Week Range
$10.88
$14.71
Volume
2.04 million shs
Average Volume
2.46 million shs
Market Capitalization
$2.90 billion
P/E Ratio
11.46
Dividend Yield
3.75%
Price Target
$14.13

SITE Centers MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
1.8% Upside
$14.13 Price Target
Short Interest
Healthy
3.76% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.36mentions of SITE Centers in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-13.89%
From $1.08 to $0.93 Per Share

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.

2.07 out of 5 stars

Finance Sector

630th out of 834 stocks

Real Estate Investment Trusts Industry

134th out of 176 stocks


SITC stock logo

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.

SITC Stock Price History

SITC Stock News Headlines

Better Than Oil Stocks
The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. 
SITE Centers (SITC) Stock Rises as Q4 OFFO Meets Estimates
Elon Musk's "Project Dojo" is a Game-Changer
Morgan Stanley predicts that Musk's latest act will boost Tesla's shares by 80% in the next 12 months. But if you want to profit from this development, you'll buy the firm that could see its sales explode by 829% as "Project Dojo" sweeps the nation.
SITE Centers (SITC) Hold Rating Justified by Mixed Performance Indicators
SITE Centers Q4 FFO Drops, Declares Quarterly Dividend
SITE CENTERS CORP. (SITC) Q4 FFO Meet Estimates
SITE Centers Q4 2023 Earnings Preview
Sobering Center now open in Santa Cruz
See More Headlines
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Company Calendar

Ex-Dividend for 1/12 Dividend
12/26/2023
Dividend Payable
1/12/2024
Last Earnings
2/13/2024
Today
2/24/2024
Ex-Dividend for 4/5 Dividend
3/13/2024
Dividend Payable
4/05/2024
Next Earnings (Estimated)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Employees
267
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.13
High Stock Price Target
$16.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+1.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$265.70 million
Pretax Margin
49.64%

Debt

Sales & Book Value

Annual Sales
$539.46 million
Cash Flow
$2.26 per share
Book Value
$9.56 per share

Miscellaneous

Free Float
188,596,000
Market Cap
$2.90 billion
Optionable
Optionable
Beta
1.59
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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 analysts have issued 1-year price targets for SITE Centers' stock. Their SITC share price targets range from $11.00 to $16.00. On average, they expect the company's share price to reach $14.13 in the next twelve months. This suggests a possible upside of 1.8% 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 start of the year. Since then, SITC stock has increased by 1.8% and is now trading at $13.87.
View the best growth stocks for 2024 here
.

Are investors shorting SITE Centers?

SITE Centers saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 7,040,000 shares, an increase of 27.1% from the January 15th total of 5,540,000 shares. Based on an average trading volume of 2,280,000 shares, the short-interest ratio is presently 3.1 days. Currently, 3.8% of the shares of the stock are sold short.
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, April 23rd 2024.
View our SITC earnings forecast
.

How were SITE Centers' earnings last quarter?

SITE Centers Corp. (NYSE:SITC) announced its quarterly earnings results on Tuesday, February, 13th. The company reported $0.92 earnings per share for the quarter, beating analysts' consensus estimates of $0.26 by $0.66. The business earned $123.20 million during the quarter, compared to analysts' expectations of $127.81 million. SITE Centers had a trailing twelve-month return on equity of 14.00% and a net margin of 49.25%. The company's revenue was down 9.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. Stockholders of record on Thursday, March 14th will be given a dividend of $0.13 per share on Friday, April 5th. This represents a $0.52 annualized dividend and a yield of 3.75%. The ex-dividend date 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 3.70%. The dividend payout ratio is 42.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SITC will have a dividend payout ratio of 55.91% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SITC.

Who are SITE Centers' major shareholders?

SITE Centers' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.49%), Goldman Sachs Group Inc. (2.15%), Charles Schwab Investment Management Inc. (1.60%), Victory Capital Management Inc. (1.59%), Nuveen Asset Management LLC (1.51%) and Daiwa Securities Group Inc. (1.44%). 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 2/25/2024 by MarketBeat.com Staff