SITC Stock Price, SITE Centers Corp Quote, Chart

Market Summary

USD13.54+0.10

Market Closed

0.74%

SITC Stock Price

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SITC RSI Chart

SITC Valuation

Market Cap

2.8B

Price/Earnings (Trailing)

10.67

Price/Sales (Trailing)

5.19

EV/EBITDA

4.06

Price/Free Cashflow

11.88

SITC Price/Sales (Trailing)

SITC Profitability

EBT Margin

49.02%

Return on Equity

12.21%

Return on Assets

6.54%

Free Cashflow Yield

8.41%

SITC Fundamentals

SITC Revenue

Revenue (TTM)

546.3M

Rev. Growth (Yr)

-9.99%

Rev. Growth (Qtr)

-13.88%

SITC Earnings

Earnings (TTM)

265.7M

Earnings Growth (Yr)

596.61%

Earnings Growth (Qtr)

303.82%

Breaking Down SITC Revenue

Last 7 days

-2.4%

Last 30 days

-3.3%

Last 90 days

-2.2%

Trailing 12 Months

12.8%

How does SITC drawdown profile look like?

SITC Financial Health

Debt/Equity

1.9

Debt/Cashflow

0.06

SITC Investor Care

Buy Backs (1Y)

0.48%

Diluted EPS (TTM)

1.21

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	556.7M	554.2M	560.1M	546.3M
2022	539.0M	544.3M	548.7M	552.4M
2021	459.2M	487.1M	515.9M	532.9M
2020	506.3M	485.2M	468.2M	460.3M
2019	623.2M	540.4M	518.8M	508.0M
2018	896.2M	871.6M	788.2M	707.3M
2017	991.8M	970.7M	944.3M	921.6M
2016	1.0B	1.0B	1.0B	1.0B
2015	1.0B	1.0B	1.0B	1.0B
2014	882.5M	926.9M	970.6M	985.7M
2013	767.6M	780.0M	791.0M	829.9M
2012	684.6M	682.9M	749.1M	761.5M
2011	747.7M	749.7M	689.9M	691.2M
2010	724.6M	712.0M	700.7M	746.4M
2009	0	796.2M	767.4M	738.6M
2008	0	0	0	825.1M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of SITE Centers Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 13, 2024	yarian christina m.	acquired	-	-	14,195	svp & chief accounting officer
Mar 04, 2024	lukes david r	acquired	-	-	142,822	president & ceo
Mar 04, 2024	fennerty conor	acquired	-	-	35,705	evp, cfo & treasurer
Mar 04, 2024	lukes david r	sold (taxes)	-994,506	13.64	-72,911	president & ceo
Mar 04, 2024	fennerty conor	sold (taxes)	-248,630	13.64	-18,228	evp, cfo & treasurer
Feb 22, 2024	fennerty conor	sold (taxes)	-245,110	14.16	-17,310	evp, cfo & treasurer
Feb 22, 2024	lukes david r	sold (taxes)	-850,634	14.16	-60,073	president & ceo
Feb 22, 2024	fennerty conor	acquired	-	-	17,828	evp, cfo & treasurer
Feb 22, 2024	lukes david r	acquired	-	-	71,298	president & ceo
Feb 22, 2024	cattonar john m	acquired	-	-	10,696	evp & chief investment officer

Which funds bought or sold SITC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 17, 2024	Cedar Brook Financial Partners, LLC	unchanged	-	14,405	248,274	0.05%
Apr 17, 2024	Vanderbilt University	new	-	164,842	164,842	0.03%
Apr 15, 2024	Sunbelt Securities, Inc.	unchanged	-	6.00	88.00	-%
Apr 15, 2024	Sound Income Strategies, LLC	unchanged	-	88.00	1,260	-%
Apr 15, 2024	JANICZEK WEALTH MANAGEMENT, LLC	unchanged	-	20.00	289	-%
Apr 12, 2024	AdvisorNet Financial, Inc	unchanged	-	12.00	176	-%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	added	1.61	234	2,769	-%
Apr 09, 2024	MATHER GROUP, LLC.	new	-	14,625	14,625	-%
Apr 08, 2024	Pensionfund Sabic	added	100	157,000	293,000	0.09%
Apr 05, 2024	CWM, LLC	added	0.32	2,000	32,000	-%

Are Funds Buying or Selling SITC?

Are funds buying SITC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SITC

No. of Funds

Unveiling SITE Centers Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	cohen & steers, inc.	1.41%	2,956,167	SC 13G/A
Feb 13, 2024	vanguard group inc	14.49%	30,339,767	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G
Jan 29, 2024	state street corp	5.73%	11,984,263	SC 13G/A
Jan 22, 2024	blackrock inc.	16.8%	35,084,454	SC 13G/A
Feb 14, 2023	cohen & steers, inc.	5.15%	10,951,794	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	14.83%	31,523,812	SC 13G/A
Feb 07, 2023	state street corp	5.81%	12,341,312	SC 13G
Jan 23, 2023	blackrock inc.	14.5%	30,820,189	SC 13G/A

Recent SEC filings of SITE Centers Corp

View All Filings

Date Filed	Form Type	Document
Apr 18, 2024	3/A	Insider Trading
Apr 02, 2024	ARS	ARS
Apr 02, 2024	DEF 14A	DEF 14A
Mar 15, 2024	144	Notice of Insider Sale Intent
Mar 14, 2024	3	Insider Trading
Mar 14, 2024	4	Insider Trading
Mar 13, 2024	8-K	Current Report
Mar 08, 2024	PRE 14A	PRE 14A
Mar 06, 2024	4	Insider Trading
Mar 06, 2024	4	Insider Trading

Peers (Alternatives to SITE Centers Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	79.7B	11.1B	-13.04%	-17.84%	58.33	7.16	4.04%	-19.43%
CCI	41.0B	7.0B	-9.76%	-29.35%	27.28	5.87	-0.07%	-10.36%
AVB	25.9B	2.8B	-0.02%	3.91%	27.86	9.34	6.73%	-18.30%
ARE	20.0B	2.9B	-5.67%	-6.97%	193.26	6.94	11.46%	-80.13%
AMH	12.7B	1.6B	-2.45%	5.32%	29.36	7.9	7.80%	39.39%
REG	10.7B	1.3B	-2.50%	-5.09%	29.24	8.06	8.04%	-24.50%
BXP	9.2B	3.3B	-6.87%	8.89%	48.44	2.81	5.31%	-77.32%
MID-CAP
FRT	8.2B	1.1B	-1.11%	0.59%	34.51	7.22	5.38%	-38.52%
MAC	3.3B	884.1M	-8.56%	49.21%	-11.93	3.7	2.90%	-314.82%
SLG	3.1B	899.4M	-5.89%	94.81%	-5.57	3.5	-0.45%	-623.11%
SMALL-CAP
AAT	1.3B	441.2M	-2.74%	11.87%	19.34	2.84	4.38%	15.77%
AIV	1.1B	198.2M	3.05%	-4.32%	-7.14	5.71	-43.33%	-270.70%
MFA	1.0B	605.6M	-9.43%	1.88%	13.09	1.73	25.53%	134.62%
NYMT	621.3M	258.7M	-5.15%	-32.84%	-12.77	2.4	0.11%	83.70%
IVR	392.0M	277.9M	-12.26%	-22.88%	-24.72	1.41	44.33%	96.06%

SITE Centers Corp News

Latest updates

SITE Centers Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-13.9%	125	145	138	139	139	139	141	134	135	134	135	128	118	106	108	129	126	123	129	131	137
Costs and Expenses	-	-	-	-	-	-	-	-	-	-	94.00	99.00	-	-	87.00	88.00	-	-	-	-	-	-
Operating Expenses	-5.2%	100	106	115	108	105	105	108	105	98.00	94.00	99.00	110	272	19.00	19.00	91.00	89.00	92.00	92.00	94.00	102
S&GA Expenses	32.6%	15.00	11.00	14.00	11.00	12.00	11.00	11.00	12.00	14.00	12.00	12.00	17.00	14.00	14.00	14.00	11.00	14.00	15.00	15.00	14.00	16.00
EBITDA Margin	45.1%	1.03*	0.71*	0.74*	0.82*	0.82*	0.87*	0.79*	0.72*	0.73*	0.63*	0.62*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-5.4%	20.00	21.00	21.00	20.00	20.00	20.00	19.00	18.00	19.00	19.00	19.00	19.00	19.00	18.00	20.00	21.00	21.00	21.00	21.00	22.00	25.00
Income Taxes	422.9%	1.00	0.00	0.00	0.00	-0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.17	0.00	0.00	0.00	0.00
Earnings Before Taxes	304.4%	198	49.00	6.00	16.00	28.00	66.00	61.00	14.00	60.00	28.00	22.00	17.00	-0.77	8.00	-4.06	35.00	24.00	24.00	18.00	36.00	182
EBT Margin	179.4%	0.49*	0.18*	0.21*	0.31*	0.31*	0.37*	0.30*	0.23*	0.24*	0.13*	0.09*	-	-	-	-	-	-	-	-	-	-
Net Income	303.8%	196	49.00	5.00	15.00	28.00	66.00	60.00	14.00	59.00	28.00	22.00	16.00	-1.29	7.00	-4.61	34.00	24.00	24.00	17.00	36.00	181
Net Income Margin	179.5%	0.49*	0.17*	0.21*	0.31*	0.31*	0.36*	0.30*	0.23*	0.23*	0.13*	0.09*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-28.8%	46.00	65.00	85.00	42.00	52.00	73.00	82.00	50.00	65.00	73.00	89.00	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.9%	4,061	4,025	4,061	4,053	4,045	4,197	4,203	4,051	3,967	4,052	4,053	4,175	4,108	3,945	4,049	4,445	4,094	4,100	4,143	4,116	4,206
Cash Equivalents	1978.2%	552	27.00	28.00	25.00	20.00	21.00	39.00	17.00	42.00	62.00	58.00	191	70.00	57.00	128	514	16.00	24.00	9.00	10.00	11.00
Liabilities	-4.7%	1,886	1,978	2,036	2,008	1,952	2,080	2,113	1,995	1,924	2,034	2,036	2,004	2,163	1,985	2,089	2,478	2,112	2,092	2,115	2,063	2,133
Shareholder's Equity	6.3%	2,176	2,047	2,025	2,045	2,087	2,117	2,091	2,056	2,043	2,018	2,017	2,172	1,945	1,960	1,960	1,967	1,981	2,008	2,027	2,053	2,073
Additional Paid-In Capital	0.0%	5,975	5,973	5,972	5,966	5,974	5,974	5,973	5,969	5,934	5,942	5,941	5,934	5,705	5,706	5,705	5,704	5,700	5,548	5,546	5,545	5,544
Minority Interest	-	-	-	-	6.00	6.00	6.00	6.00	6.00	6.00	4.00	4.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Float	-	-	-	2,500	-	-	-	2,600	-	-	-	2,700	-	-	-	1,200	-	-	-	1,800	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-28.8%	46,484	65,252	84,630	42,167	51,776	73,379	82,086	50,021	65,151	72,608	88,646	56,110	64,236	54,069	36,015	35,850	80,734	69,211	77,946	42,263	65,949
Share Based Compensation	11.0%	2,103	1,895	1,875	1,760	1,788	1,802	1,805	1,823	1,835	2,072	1,932	7,694	3,130	2,904	2,748	18.00	308	3,790	2,875	2,917	2,124
Cashflow From Investing	1013.6%	617,411	55,444	-62,130	-50,826	115,284	6,108	-134,447	-154,504	139,182	-33,170	-42,100	10,539	108	-9,549	-17,220	129,139	-40,026	21,199	-68,028	76,460	527,368
Cashflow From Financing	-83.8%	-158,125	-86,028	-19,366	12,904	-169,848	-96,665	74,327	80,445	-226,419	-35,251	-179,096	52,639	-47,422	-115,704	-404,471	330,234	-47,602	-75,551	-10,428	-120,697	-592,938
Dividend Payments	0.1%	30,068	30,049	30,048	30,353	30,493	30,658	30,657	28,208	28,216	28,219	28,262	14,844	5,133	5,132	44,047	44,036	46,159	44,641	44,636	45,262	45,406
Buy Backs	-	-	-	-	26,611	22,256	20,000	-	-	-	-	-	-	-	-	-	7,500	-	-	-	14,069	36,341

SITC Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues from operations:
Rental income	$ 537,066	$ 537,106	$ 490,799
Fee and other income	9,209	15,247	42,065
Total revenue from operations	546,275	552,353	532,864
Rental operation expenses:
Operating and maintenance	88,959	89,278	76,716
Real estate taxes	76,762	80,706	76,071
Impairment charges	0	2,536	7,270
General and administrative	50,867	46,564	55,052
Depreciation and amortization	212,460	203,546	185,768
Total rental operation expenses	429,048	422,630	400,877
Other income (expense):
Interest expense	(82,002)	(77,692)	(76,383)
Other income (expense), net	3,189	(2,540)	(1,185)
Total other income (expense)	(78,813)	(80,232)	(77,568)
Income before earnings from equity method investments and other items	38,414	49,491	54,419
Equity in net income of joint ventures	6,577	27,892	47,297
Gain on sale and change in control of interests, net	3,749	45,581	19,185
Gain on disposition of real estate, net	219,026	46,644	6,065
Income before tax expense	267,766	169,608	126,966
Tax expense of taxable REIT subsidiaries and state franchise and income taxes	(2,045)	(816)	(1,550)
Net income	265,721	168,792	125,416
Income attributable to non-controlling interests, net	(18)	(73)	(481)
Net income attributable to SITE Centers	265,703	168,719	124,935
Write-off of preferred share original issuance costs	0	0	(5,156)
Preferred dividends	(11,156)	(11,156)	(13,656)
Net income attributable to common shareholders	$ 254,547	$ 157,563	$ 106,123
Per share data:
Basic	$ 1.21	$ 0.74	$ 0.51
Diluted	$ 1.21	$ 0.73	$ 0.51

SITC Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Land	$ 930,540	$ 1,066,852
Buildings	3,311,368	3,733,805
Fixtures and tenant improvements	537,872	576,036
Total real estate rental property	4,779,780	5,376,693
Less: Accumulated depreciation	(1,570,377)	(1,652,899)
Real estate rental property, net	3,209,403	3,723,794
Construction in progress and land	51,379	56,466
Total real estate assets, net	3,260,782	3,780,260
Investments in and advances to joint ventures, net	39,372	44,608
Cash and cash equivalents	551,968	20,254
Restricted cash	17,063	960
Accounts receivable	65,623	63,926
Other assets, net	126,543	135,009
Total assets	4,061,351	4,045,017
Unsecured indebtedness:
Senior notes, net	1,303,243	1,453,923
Term loan, net	198,856	198,521
Revolving credit facility	0	0
Total unsecured indebtedness	1,502,099	1,652,444
Mortgage debt	124,176	54,577
Total indebtedness	1,626,275	1,707,021
Accounts payable and other liabilities	195,727	214,985
Dividends payable	63,806	30,389
Total liabilities	1,885,808	1,952,395
Commitments and contingencies (Note 9)
SITE Centers Equity
Common shares, with par value, $0.10 stated value; 300,000,000 shares authorized; 214,373,833 and 214,371,498 shares issued at December 31, 2023 and December 31, 2022, respectively	21,437	21,437
Additional paid-in capital	5,974,904	5,974,216
Accumulated distributions in excess of net income	(3,934,736)	(4,046,370)
Deferred compensation obligation	5,167	5,025
Accumulated other comprehensive income	6,121	9,038
Less: Common shares in treasury at cost:5,340,654 and 3,787,279 shares at December 31, 2023 and December 31, 2022, respectively	(72,350)	(51,518)
Total SITE Centers shareholders' equity	2,175,543	2,086,828
Non-controlling interests	0	5,794
Total equity	2,175,543	2,092,622
Total liabilities and equity	4,061,351	4,045,017
Class A Cumulative Redeemable Preferred Shares [Member]
SITE Centers Equity
Cumulative redeemable preferred shares	$ 175,000	$ 175,000

About SITE Centers Corp

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.

CEO	Mr. David R. Lukes
WEBSITE	sitecenters.com
INDUSTRY	REIT Mortgage
EMPLOYEES	267

SITE Centers Corp Frequently Asked Questions

What is the ticker symbol for SITE Centers Corp? What does SITC stand for in stocks?

SITC is the stock ticker symbol of SITE Centers Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SITE Centers Corp (SITC)?

As of Thu Apr 18 2024, market cap of SITE Centers Corp is 2.83 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SITC stock?

You can check SITC's fair value in chart for subscribers.

What is the fair value of SITC stock?

You can check SITC's fair value in chart for subscribers. The fair value of SITE Centers Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SITE Centers Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SITC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SITE Centers Corp a good stock to buy?

The fair value guage provides a quick view whether SITC is over valued or under valued. Whether SITE Centers Corp is cheap or expensive depends on the assumptions which impact SITE Centers Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SITC.

What is SITE Centers Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 18 2024, SITC's PE ratio (Price to Earnings) is 10.67 and Price to Sales (PS) ratio is 5.19. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SITC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on SITE Centers Corp's stock?

In the past 10 years, SITE Centers Corp has provided -0.032 (multiply by 100 for percentage) rate of return.