SITE Centers is an owner and manager of open-air shopping centers located primarily 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.
Strategic Spin-off | Explore SITE Centers' transformation through the Curbline Properties spin-off, reshaping its portfolio and financial structure in the competitive retail REIT landscape |
Financial Recalibration | Delve into SITE Centers' revised financial projections post-spin-off, with analysts updating FFO estimates and NAV calculations for 2024 and 2025 |
Market Positioning | Discover how SITE Centers navigates industry challenges, including retailer bankruptcies and e-commerce growth, while maintaining a focus on open-air suburban shopping centers |
Future Prospects | Learn about SITE Centers' asset disposition strategy and debt reduction plans, with analyst price targets ranging up to $60, reflecting cautious optimism in the evolving retail landscape |
Metrics to compare | SITC | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipSITCPeersSector | |
---|---|---|---|---|
P/E Ratio | 1.6x | 18.7x | 9.0x | |
PEG Ratio | −0.08 | 0.11 | 0.01 | |
Price/Book | 1.2x | 2.0x | 0.9x | |
Price / LTM Sales | 3.4x | 6.6x | 3.9x | |
Upside (Analyst Target) | 31.5% | 18.6% | 12.6% | |
Fair Value Upside | Unlock | −1.9% | 0.7% | Unlock |