SITE CENTERS CORP. SITC
- Market cap
- $158.5M
- P/E
- 1.3×
Follow SITC
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 28.82 | 14.26 | 12.75 | 12.82 | 4.28 | 11.41 | 12.40 | 12.95 | 14.74 | 6.23 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 39.14 | 30.59 | 17.94 | 18.86 | 16.74 | 20.96 | 20.49 | 17.51 | 19.17 | 15.93 |
High Price
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| 540 | 447 | 378 | 361 | 323 | 293 | 267 | 220 | 172 | 155 |
Employees
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|||
| 2 | 2 | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 1 |
Revenue/Emp
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| 1,006 | 922 | 707 | 508 | 460 | 533 | 479 | 453 | 277 | 124 |
Revenue
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| 70.96% | 71.38% | 70.59% | 72.51% | 69.93% | 71.33% | 67.74% | 70.62% | 68.45% | 67.20% |
Gross Margin
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| 63 | (231) | 117 | 102 | 38 | 127 | 140 | 231 | 527 | 178 |
EBT
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| 6.26% | (25.03%) | 16.54% | 20.17% | 8.19% | 23.83% | 29.22% | 51.12% | 189.76% | 143.66% |
EBT Margin
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| 61 | (243) | 116 | 102 | 37 | 125 | 169 | 266 | 532 | 178 |
Net Income
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| 392 | 354 | 258 | 169 | 175 | 190 | 209 | 217 | 178 | 57 |
Depreciation
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| 22.03 | 20.07 | 15.33 | 11.10 | 9.52 | 10.25 | 9.00 | 8.64 | 5.30 | 2.36 |
Revenue/Sh
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| 0.80 | (5.92) | 1.72 | 1.32 | 0.32 | 2.04 | 2.96 | 4.84 | 9.81 | 3.36 |
Earnings/Sh
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| 10.09 | 8.94 | 5.71 | 5.90 | 3.93 | 5.43 | 4.83 | 4.56 | 2.14 | 0.37 |
Cash Flow/Sh
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| 9.84 | 9.21 | 16.90 | (1.65) | (1.29) | (3.41) | (4.66) | 10.48 | 35.15 | 13.41 |
Capex/Sh
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| 19.93 | 18.14 | 22.61 | 4.25 | 2.65 | 2.02 | 0.17 | 15.04 | 37.28 | 13.79 |
Free CF/Sh
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| 71.09 | 63.10 | 44.94 | 43.30 | 40.24 | 39.28 | 39.30 | 41.55 | 9.86 | 6.38 |
Book Value/Sh
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| 46 | 46 | 46 | 46 | 48 | 52 | 53 | 52 | 52 | 52 |
Shares
|
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| 33.86 | 0.00 | 7.48 | 12.64 | 37.63 | 9.42 | 5.48 | 3.36 | 1.56 | 1.91 |
PE Ratio
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| 1.35 | 0.89 | 0.86 | 1.50 | 1.26 | 1.84 | 1.80 | 1.88 | 2.89 | 2.72 |
PS Ratio
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| 0.47 | 0.34 | 0.39 | 0.46 | 0.36 | 0.52 | 0.45 | 0.43 | 1.55 | 1.01 |
PB Ratio
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| 5.78 | 4.96 | 3.50 | 5.10 | 5.30 | 4.91 | 5.32 | 4.16 | 3.73 | 3.74 |
EV/Sales
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| 6.39 | 5.49 | 2.38 | 13.31 | 19.08 | 24.88 | 278.51 | 2.39 | 0.53 | 0.64 |
EV/FCF
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| 461 | 410 | 263 | 270 | 190 | 283 | 257 | 239 | 112 | 20 |
Op' Cash Flow
|
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| 449 | 423 | 779 | (75) | (62) | (177) | (248) | 549 | 1,841 | 704 |
Capex
|
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| 910 | 833 | 1,043 | 195 | 128 | 105 | 9 | 787 | 1,953 | 723 |
FCF
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| (172) | (63) | (123) | (141) | (67) | (114) | (130) | 460 | (21) | 53 |
Working Cap'
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| 4,494 | 3,849 | 1,884 | 1,847 | 1,934 | 1,677 | 1,707 | 1,601 | 301 | — |
Total Debt
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| 4,455 | 3,755 | 1,871 | 1,828 | 1,859 | 1,634 | 1,686 | 1,032 | 234 | (123) |
Net Debt
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| 3,246 | 2,897 | 2,073 | 1,981 | 1,945 | 2,043 | 2,093 | 2,176 | 517 | 335 |
Sh' Equity
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| 0.44% | (3.52%) | 1.42% | 1.48% | 0.37% | 2.63% | 3.93% | 6.28% | 20.66% | 26.30% |
ROA
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| 1.24% | (1.05%) | 1.99% | 2.32% | 1.53% | 2.24% | 1.63% | 1.51% | (2.77%) | (34.10%) |
ROIC
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| 1.25% | (10.27%) | 4.13% | 3.83% | 0.93% | 6.09% | 8.33% | 12.99% | 41.00% | 41.78% |
ROE
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SITE CENTERS CORP. peers in Reit Retail
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| PINE Alpine Income Property Trust, Inc. | $299.2M | 77.6× | Compare |
| BFS Saul Centers, Inc. | $737.8M | 30.9× | Compare |
| ALX Alexander's, Inc. | $1.3B | 7.5× | Compare |
| CBL CBL & Associates Properties, Inc. | $1.6B | 7.4× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| GTY Getty Realty Corporation | $1.8B | 17.5× | Compare |
| NTST NETSTREIT Corp. | $1.9B | 127× | Compare |
| IVT InvenTrust Properties Corp. | $2.4B | 153× | Compare |
| FCPT Four Corners Property Trust, Inc. | $2.4B | 20.0× | Compare |
SITE CENTERS CORP. (SITC) key facts
- SITE CENTERS CORP. (SITC) is a Reit Retail company in the Real Estate sector, listed on the New York Stock Exchange.
- SITE CENTERS CORP.’s revenue for fiscal 2025 (year ended December 2025) was $123.6 million, down 55.4% from fiscal 2024.
- As of September 25, 2026, SITC traded at $3.06, a market capitalization of $158.5 million.
- SITE CENTERS CORP. pays an annual dividend of $0.52 per share, a yield of 4.08%, with a payout ratio of 108.3%.
- Return on equity was 41.8% and debt-to-equity 0.00.
SITE CENTERS CORP. (SITC) Latest News
3 Aug
SITE Centers Corp. reported its second quarter 2026 financial results. Quarterly results supply updated financial metrics that shape near-term investor views and valuation.
30 Jun
SITE Centers sold The Pike Outlets and announced a special common distribution to shareholders. Major asset sale plus capital return via special distribution materially boosts liquidity and directly affects share value and investor sentiment.
7 May
SITE Centers Corp. (SITC) reported first quarter 2026 results. Quarterly earnings reports significantly affect financial performance metrics and investor sentiment.
3 May
SITE Centers Corp. (SITC) narrative shifts from operational struggles to net asset value realization and potential liquidation, as the company explores selling assets and distributing proceeds to shareholders amid market pressures. Shift to net asset value and liquidation fundamentally redefines SITC's future by potentially ending operations and returning capital to investors.
3 Apr
SITE Centers Corp. (SITC) investment narrative shifts toward liquidation value as core metric, highlighting remaining upside potential amid evolving story. Emphasis on liquidation value signals major strategic reevaluation with potential to reshape SITC's trajectory and investor outlook.
19 Mar
SITE Centers Corp. (SITC) investment narrative resets around liquidation value and asset sales amid strategic repositioning. Shift to liquidation value and asset sales signals major strategic changes likely to alter SITC's trajectory and investor sentiment.
26 Feb
SITE Centers Corp. (SITC) reported fourth quarter and full-year 2025 results. Quarterly and annual earnings reports directly impact financial performance, stock valuation, and investor sentiment.
3 Feb
SITE Centers Corp. has recently completed asset sales and announced special dividends, which are expected to enhance shareholder value. The company is focusing on optimizing its portfolio and improving financial flexibility. These strategic moves may position SITE Centers favorably in the market, potentially attracting investor interest and impacting future performance positively. The asset sales and special dividends are significant strategic moves that could alter the company's trajectory and investor sentiment.
28 Jan
Piper Sandler has updated its estimates for SITE Centers Corp. (SITC) following the company's recent quarterly update. The revisions reflect changes in financial expectations based on the latest performance metrics and market conditions. Analysts are adjusting their outlook on SITC's future growth and profitability as a result of this update. The quarterly update is expected to moderately influence SITE Centers' financial performance and market positioning.
19 Jan
SITE Centers Corp. is experiencing shifts in its financial landscape due to recent NAV cuts and the introduction of special dividends. These changes are prompting investors to reassess the company's valuation and future prospects, as the adjustments may influence market sentiment and operational strategies. The implications of these financial maneuvers could lead to a reevaluation of SITE Centers' competitive positioning in the retail real estate sector. NAV cuts and special dividends are expected to moderately influence investor sentiment and financial performance.
16 Jan
SITE Centers Corp. announced the sale of its partnership interests in a joint venture, which is expected to enhance its financial position and streamline operations. The transaction is part of the company's strategy to optimize its portfolio and focus on core assets. The sale is anticipated to close in the near future, subject to customary closing conditions. The sale of partnership interests is expected to moderately influence SITE Centers' financial performance and operational focus.
5 Jan
SITE Centers Corp. (SITC) faces scrutiny following a target cut and the announcement of special dividends. The company's recent performance and strategic decisions are under review as investors assess the implications of these developments on its future market position and financial health. The target cut and special dividends may moderately influence investor sentiment and financial performance.
1 Jan
Site Centers Corp. has sold the Perimeter Pointe property for $48 million. The transaction is part of the company's strategy to optimize its portfolio and focus on core assets. The sale reflects Site Centers' ongoing efforts to enhance its financial position and streamline operations. The sale of Perimeter Pointe is a strategic move that may influence financial performance but is not expected to drastically change the company's overall trajectory.
31 Dec
SITE Centers Corp. has announced the sale of Perimeter Pointe, a retail property located in Atlanta, Georgia, for $30 million. The transaction is part of the company's strategy to optimize its portfolio and focus on core assets. The sale is expected to close in the fourth quarter of 2023, and the proceeds will be used to reduce debt and enhance liquidity. The sale of Perimeter Pointe is a strategic move that may influence financial performance and market positioning.
19 Dec
Recent developments surrounding SITE Centers Corp. (SITC) indicate a shift in investor sentiment, driven by strategic initiatives and market dynamics. The company is focusing on enhancing its portfolio and adapting to changing consumer behaviors, which may influence its future performance. Analysts are closely monitoring these changes as they could reshape the competitive landscape for SITC. Strategic initiatives and market dynamics are likely to significantly impact the company's trajectory and investor sentiment.
11 Dec
SITE Centers Corp. has announced the sale of Downtown Short Pump, a retail property located in Virginia. The transaction is part of the company's strategy to optimize its portfolio and focus on core assets. Financial details of the sale were not disclosed, but the move is expected to enhance SITE Centers' overall operational efficiency and financial position. The sale of a retail property may moderately influence SITE Centers' financial performance and strategic focus.
4 Dec
SITE Centers Corp. announced a special common stock distribution of $0.25 per share and plans to pay off $50 million of its outstanding debt. This move is part of the company's strategy to enhance shareholder value and improve its balance sheet. The distribution is expected to be paid on December 15, 2023, to shareholders of record as of December 1, 2023. The special distribution and debt payoff are significant strategic moves that could enhance investor sentiment and improve financial stability.
SITE Centers Corp. is undergoing a shift in narrative as it engages in portfolio sales and capital returns. The company is strategically selling off assets while returning capital to shareholders, which may influence its market positioning and investor sentiment. These moves are seen as efforts to optimize the portfolio and enhance shareholder value amidst changing market dynamics. Portfolio sales and capital returns may moderately influence financial performance and market sentiment.
SITE Centers Corp. announced updates on its disposition activities and future plans, highlighting the sale of several properties and a strategic focus on enhancing its portfolio. The company aims to streamline operations and improve financial performance through targeted asset management and reinvestment strategies. The updates on asset disposition and strategic focus are expected to moderately influence financial performance and market positioning.
21 Nov
SITE Centers Corp. has announced the sale of four properties, which are part of its ongoing strategy to optimize its portfolio. The transactions are expected to enhance the company's financial position and focus on core assets. Details regarding the properties sold and the financial implications of these sales were provided, indicating a strategic shift in asset management. The sales of properties may moderately influence financial performance and asset management strategy.
20 Nov
SITE Centers Corp. has recently completed property sales and announced updates regarding a special dividend. These moves are part of the company's strategy to optimize its portfolio and enhance shareholder value. The sales are expected to improve liquidity and focus on core assets, while the special dividend reflects a commitment to returning capital to shareholders. Market reactions to these developments indicate a positive sentiment towards the company's future direction. The property sales and special dividend are significant strategic moves that could enhance liquidity and shareholder value.
6 Nov
Recent developments surrounding SITE Centers Corp. (SITC) indicate a shift in analyst perspectives, driven by changes in market dynamics and strategic initiatives. The company is adapting to evolving retail trends and consumer behaviors, which may influence its operational strategies and financial outlook. Analysts are closely monitoring these factors to reassess SITC's market position and future growth potential. Changes in market dynamics and strategic initiatives are expected to moderately influence SITE Centers' financial performance and competitive positioning.
5 Nov
SITE Centers Corp. reported its third quarter 2025 results, highlighting key financial metrics and operational updates. The company experienced changes in rental income, occupancy rates, and net income compared to the previous quarter. Management provided insights into strategic initiatives and market conditions affecting performance. The report reflects ongoing efforts to enhance portfolio quality and tenant relationships, positioning the company for future growth amidst a competitive retail landscape. Changes in rental income and occupancy rates indicate a moderate influence on financial performance and market positioning.
3 Nov
SITE Centers Corp. has announced the sale of Parker Pavilions, a retail property located in Phoenix, Arizona. The transaction is part of the company's strategy to optimize its portfolio and focus on high-quality assets. The sale is expected to enhance SITE Centers' financial position and provide additional capital for future investments. The sale of Parker Pavilions is a strategic move that may influence SITE Centers' financial performance and asset management.
22 Oct
Analysts are reassessing SITE Centers Corp. (SITC) in light of recent market changes, focusing on its strategic positioning and potential for growth. The company is navigating shifts in consumer behavior and retail trends, which could impact its performance. Investors are keenly observing how these dynamics will influence SITC's operations and market sentiment moving forward. Market changes are expected to moderately influence SITE Centers' financial performance and competitive positioning.
21 Oct
SITE Centers Corp. announced a special common stock distribution of $0.10 per share, payable on November 15, 2023, to shareholders of record as of November 1, 2023. This distribution is part of the company's strategy to return capital to shareholders and reflects its ongoing commitment to enhancing shareholder value. The announcement highlights SITE Centers' strong financial position and operational performance. The special stock distribution indicates a commitment to shareholder value, which may positively influence market sentiment but is not expected to significantly alter the company's overall trajectory.
3 Oct
Edgewater Mall and adjacent apartments have been sold for $54 million to investors who believe in the property's potential for growth. The new owners are optimistic about the redevelopment opportunities and the overall market conditions in the area, indicating a strategic move to capitalize on the site's upside potential. The sale reflects a strategic investment that could influence SITE CENTERS CORP.'s market positioning and financial performance.
29 Sep
SITE Centers Corp. has announced the sale of Edgewater Towne Center, a retail property located in Edgewater, New Jersey. The transaction is part of the company's strategy to optimize its portfolio and focus on core assets. Financial details of the sale were not disclosed, but the move is expected to enhance SITE Centers' overall financial position and operational efficiency. The sale of Edgewater Towne Center may moderately influence SITE Centers' financial performance and strategic focus.
5 Aug
SITE Centers Corp. reported its second quarter 2025 results, highlighting a notable increase in revenue and net income compared to the previous year. The company attributed this growth to strong leasing activity and improved tenant sales. Additionally, SITE Centers announced plans for further property acquisitions and enhancements to its existing portfolio, aiming to strengthen its market position. The management expressed optimism about future performance, citing favorable market conditions and strategic initiatives. Significant growth in revenue and net income, along with plans for property acquisitions, indicates a major strategic move that could alter the company's trajectory.
1 Aug
SITE Centers Corp. announced the sale of two properties, generating approximately $20 million in proceeds. The company also declared a special common distribution of $0.10 per share, which will be paid on December 15, 2023, to shareholders of record as of December 1, 2023. These moves are part of SITE Centers' strategy to optimize its portfolio and enhance shareholder value. The sales and special distribution indicate strategic portfolio management that may moderately influence financial performance and investor sentiment.