NYSE:SITC SITE Centers (SITC) Stock Price, News & Analysis → The Best AI Stock to Own in the World Today is Trading for Just $25 (From Banyan Hill Publishing) (Ad) Free SITC Stock Alerts $13.73 +0.24 (+1.78%) (As of 05/1/2024 ET) Add Compare Share Share Today's Range$13.49▼$13.9550-Day Range$13.43▼$14.6552-Week Range$10.88▼$14.71Volume1.47 million shsAverage Volume2.07 million shsMarket Capitalization$2.87 billionP/E Ratio11.35Dividend Yield3.79%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/Downside3.8% Upside$14.25 Price TargetShort InterestHealthy2.99% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.37Based on 12 Articles This WeekInsider TradingN/AProj. Earnings Growth-11.11%From $0.90 to $0.80 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.2.62 out of 5 starsFinance Sector549th out of 811 stocksReal Estate Investment Trusts Industry108th out of 168 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 3.80%, 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 42.98%. 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 65.00% 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 2.4 News and Social Media Coverage News SentimentSITE Centers has a news sentiment score of 0.37. 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 12 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 -11.11% in the coming year, from $0.90 to $0.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SITE Centers is 11.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.44.Price to Earnings Ratio vs. SectorThe P/E ratio of SITE Centers is 11.35, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 61.42.Price to Book Value per Share RatioSITE Centers has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now 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 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 2, 2024 | Porter & Company (Ad)Trump’s last act as President You’ve probably never heard of Executive Order #13972. Signed by President Trump just days before leaving office, it greenlit what could be the most revolutionary technology of the decade… yet it has nothing to do with AI, blockchain, or mRNA vaccines. 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 2, 2024 | Porter & Company (Ad)Trump’s last act as President You’ve probably never heard of Executive Order #13972. Signed by President Trump just days before leaving office, it greenlit what could be the most revolutionary technology of the decade… yet it has nothing to do with AI, blockchain, or mRNA vaccines. 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 Payable4/05/2024Today5/02/2024Next 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+3.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.21 Trailing P/E Ratio11.35 Forward P/E Ratio15.26 P/E GrowthN/ANet Income$265.70 million Net Margins49.25% Pretax Margin49.02% Return on Equity14.00% Return on Assets6.56% Debt Debt-to-Equity Ratio0.81 Current Ratio3.24 Quick Ratio3.24 Sales & Book Value Annual Sales$539.46 million Price / Sales5.33 Cash Flow$2.31 per share Price / Cash Flow5.94 Book Value$9.56 per share Price / Book1.44Miscellaneous Outstanding Shares209,360,000Free Float188,212,000Market Cap$2.87 billion OptionableOptionable Beta1.58 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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 & InstitutionsBNP 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%Louisiana State Employees Retirement SystemSold 900 shares on 4/23/2024Ownership: 0.043%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 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 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 target prices for SITE Centers' shares. Their SITC share price targets range from $11.00 to $16.00. On average, they predict the company's share price to reach $14.25 in the next twelve months. This suggests a possible upside of 3.8% 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 shares have increased by 0.7% and is now trading at $13.73. 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) announced its quarterly earnings results on Tuesday, February, 13th. The company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.26 by $0.66. The business had revenue of $123.20 million for the quarter, compared to the consensus estimate of $127.81 million. SITE Centers had a net margin of 49.25% and a trailing twelve-month return on equity of 14.00%. The company's revenue was down 9.7% compared to the same quarter last year. During the same quarter in the previous year, the company 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. Shareholders 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 dividend on an annualized basis and a yield of 3.79%. 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 3.80%. 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 65.00% 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 many different retail and institutional investors. Top institutional shareholders include 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%), Louisiana State Employees Retirement System (0.04%) and Yousif Capital Management LLC (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 5/2/2024 by MarketBeat.com Staff From Our Partners😱 This phenomenon is smashing regular market gainsMillPubBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldHave You Seen Elon’s New A.I. Device? (Picture Inside)InvestorPlaceA.I. is a Tidal Wave - Here’s What to BuyChaikin AnalyticsYour bank is lying to you.MyBankTrackerDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsPOTUS in ‘25 Not Biden/Trump, ButThe Freeport SocietyForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill Publishing 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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