SITE CentersSITC
SITC
About: SITE Centers Corp is a United States-based self-administered and self-managed REIT that operates as a fully integrated real estate company. The company is engaged in the business of owning, leasing, acquiring, redeveloping, developing and managing shopping centers.
Employees: 220
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
110% more call options, than puts
Call options by funds: $141K | Put options by funds: $67K
23% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 30
1% more funds holding
Funds holding: 228 [Q2] → 231 (+3) [Q3]
2% less capital invested
Capital invested by funds: $2.83B [Q2] → $2.78B (-$50.3M) [Q3]
1.19% less ownership
Funds ownership: 93.04% [Q2] → 91.85% (-1.19%) [Q3]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
93% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 180
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
4%
upside
Avg. target
$18
17%
upside
High target
$20
30%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Citigroup Michael Bilerman 50% 1-year accuracy 1 / 2 met price target | 4%upside $16 | Neutral Maintained | 9 Dec 2024 |
Piper Sandler Alexander Goldfarb 49% 1-year accuracy 20 / 41 met price target | 30%upside $20 | Overweight Maintained | 4 Nov 2024 |
Financial journalist opinion
Positive
Seeking Alpha
2 weeks ago
4 Of 35 Safe-Buy Dividend Power Dogs In January
Four low-priced Dividend Power stocks, Golden Ocean, Invesco Mortgage, ARMOUR Residential, and FutureFuel, offer safer dividends with free cash-flow yields exceeding dividend yields. The Dividend Power strategy focuses on high earnings yield and top dividend yield stocks, creating a resilient portfolio for both downturns and bull markets. Analysts project significant gains for top Dividend Power stocks, with an average net gain of 79.97% on $10k invested in the top ten.
Positive
Benzinga
1 month ago
Top 3 Real Estate Stocks Which Could Rescue Your Portfolio In Q4
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
Positive
Seeking Alpha
1 month ago
Of 36 Dividend Power Dogs, 11 Are Buyable In November
Eleven of the 35 Dividend Power Dogs are recommended for their "safer" dividends, with free cash-flow yields exceeding dividend yields, making them ideal buys. The Dividend Power strategy focuses on high earnings yield and high dividend yield, creating a resilient portfolio for both downturns and bull markets. Analysts project significant gains for the top ten DiviPower stocks by November 2025, with potential net gains ranging from 55.4% to 108.51%.
Neutral
Business Wire
1 month ago
SITE Centers Announces Tax Estimate for Curbline Properties Distribution
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Announces Tax Estimate for Curbline Properties Distribution.
Neutral
Seeking Alpha
2 months ago
CBL & Associates Properties Vs. SITE Centers: Which Is The Better REIT For 2025
CBL & Associates Properties and SITE Centers are REITs focused on retail real estate, with reported occupancy rates indicating poor competitive dynamics. CBL funds a greater proportion of its capital structure with debt, but both companies have significant floating rate debt exposure. CBL is more attractively valued on an enterprise-level and AFFO multiple basis, but also reports higher administrative expenses.
Negative
Zacks Investment Research
2 months ago
SITE Centers Q3 OFFO & Revenues Miss Estimates, Stock Falls
SITC's third-quarter results reflect a year-over-year fall in revenues and base rent per square foot.
Neutral
Zacks Investment Research
2 months ago
Compared to Estimates, SITE Centers Corp. (SITC) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for SITE Centers Corp. (SITC) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Zacks Investment Research
2 months ago
SITE CENTERS CORP. (SITC) Q3 FFO and Revenues Miss Estimates
SITE CENTERS CORP. (SITC) came out with quarterly funds from operations (FFO) of $0.81 per share, missing the Zacks Consensus Estimate of $0.87 per share.
Neutral
Business Wire
2 months ago
SITE Centers Reports Third Quarter 2024 Results
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers primarily in suburban, high household income communities, announced today operating results for the quarter ended September 30, 2024. "SITE Centers completed the planned spin-off of Curbline Properties on October 1, unlocking a unique and scalable opportunity focused on convenience real estate and providing investors with two distinct business plans,” commented David R. Lukes, President and.
Positive
Seeking Alpha
2 months ago
67 October Graham All-Star Value Dogs Show 55 Fit To Buy
The Value Score identifies large-cap stocks offering high-value relative to profits, cash flows, assets and sales, aiding in finding undervalued companies.
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