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 Reshaping | Explore SITE Centers Corp.'s asset disposition strategy, with $95 million in properties under contract and negotiations for $350 million more, signaling portfolio optimization |
Leasing Momentum | Discover how SITC's surge in leasing activity, with 75,000 square feet across 14 deals, indicates strong demand and potential revenue growth |
Market Positioning | Delve into SITC's competitive stance amidst retail sector challenges, including its exposure to retailer bankruptcies and analyst's overweight ratings |
Financial Outlook | Uncover SITC's financial performance, with Core FFO at $0.16 per share and a robust 17.45% dividend yield, alongside Piper Sandler's $19 price target |
Metrics to compare | SITC | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipSITCPeersSector | |
|---|---|---|---|---|
P/E Ratio | 12.5x | 42.3x | 8.9x | |
PEG Ratio | −0.13 | 6.78 | 0.01 | |
Price/Book | 1.2x | 1.6x | 0.9x | |
Price / LTM Sales | 2.6x | 7.7x | 4.0x | |
Upside (Analyst Target) | 30.6% | 14.3% | 16.2% | |
Fair Value Upside | Unlock | −4.5% | 1.1% | Unlock |