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.
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 |
Market Positioning | Delve into SITC's competitive stance amidst retail sector challenges, including its exposure to retailer bankruptcies and analyst's overweight ratings |
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 |
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 |
Metrics to compare | SITC | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipSITCPeersSector | |
---|---|---|---|---|
P/E Ratio | 1.3x | 20.7x | 8.8x | |
PEG Ratio | −0.06 | 0.12 | 0.01 | |
Price / Book | 1.0x | 2.2x | 0.9x | |
Price / LTM Sales | 2.8x | 7.2x | 4.0x | |
Upside (Analyst Target) | 54.9% | 12.3% | 12.5% | |
Fair Value Upside | Unlock | −8.1% | 0.0% | Unlock |