CSIMarket
 
Site Centers Corp   (NYSE: SITC)
 
Price: $2.9500 $-0.04 -1.338%
Day's High: $3.005000114440918 Week Perf: -1.01 %
Day's Low: $ 2.93 30 Day Perf: -31.07 %
Volume (M): 1,455,841 52 Wk High: $ 9.55
Volume (M$): $ 0 52 Wk Avg: $6.09
Open: $2.99 52 Wk Low: $2.89



 Market Capitalization (Millions $) 155
 Shares Outstanding (Millions) 52
 Employees 155
 Revenues (TTM) (Millions $) 94
 Net Income (TTM) (Millions $) 176
 Cash Flow (TTM) (Millions $) 128
 Capital Exp. (TTM) (Millions $) 14

Business Description


Site Centers Corp is a public REIT (real estate investment trust) that specializes in the management, leasing, and development of shopping centers throughout the United States. The company was founded in 1965 and is headquartered in Beachwood, Ohio.

Site Centers Corp owns and operates a portfolio of 105 shopping centers, consisting of approximately 19.5 million square feet of gross leasable area. These properties are located in 24 states across the country and are anchored by major retailers such as Walmart, Target, and Kroger. The company's properties also feature a mix of small shops, restaurants, and entertainment venues.

Site Centers Corp focuses on developing and redeveloping its properties to enhance their value and attractiveness to tenants and customers. The company has a proven track record of transforming underperforming shopping centers into thriving retail destinations. Additionally, Site Centers Corp is committed to sustainability practices and has implemented energy-efficient lighting, solar energy systems, and recycling programs throughout its properties.

The company also has a robust leasing program, which focuses on acquiring new tenants and renewing leases with existing tenants. Site Centers Corp has a team of experienced leasing professionals who work closely with tenants to ensure that their needs are met and that they are able to succeed in their respective markets.

Site Centers Corp is committed to providing value to its shareholders through regular dividend payments and share buybacks. The company also has a strong balance sheet and financial flexibility, which allows it to invest in new opportunities and weather economic downturns.

In summary, Site Centers Corp is a national leader in the development, management, and leasing of shopping centers. The company's focus on sustainable practices, property transformation, and tenant relationships has helped it create value for its stakeholders and position it for continued success in the future.


   Company Address: 3300 Enterprise Parkway Beachwood 44122 OH
   Company Phone Number: 755-5500   Stock Exchange / Ticker: NYSE SITC


Customers Net Income grew by SITC's Customers Net Profit Margin grew to

10.89 %

4.41 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BRX   -2.33%    
BXP   -2.86%    
KIM   -2.11%    
REG   -2.5%    
SPG   -3.81%    
VNO   -3.83%    
• View Complete Report
   



Business Update

SITE Centers Completes Strategic Spin-Off of Curbline Properties, Unveiling New Growth Trajectories for Both Entiti...

Published Tue, Oct 1 2024 11:47 AM UTC

SITE Centers Corp. (NYSE: SITC), an established leader in the ownership of open-air shopping centers, has recently announced a strategic restructuring move that aligns with evolving market dynamics and shareholder interests. The company has successfully completed the spin-off of Curbline Properties Corp. which marks its debut as an independent entity on the New York Stock Ex...

Business Update

SITE Centers Corp. Reports Significant Property Dispositions Amidst Market Challenges,

Published Mon, Sep 30 2024 11:47 AM UTC

In the bustling throes of contemporary commerce, an illuminating report emerges from the esteemed purveyors of retail real estate, SITE Centers Corp. (NYSE: SITC). This venerable corporation, based in the quaint locale of Beachwood, Ohio, and dedicated to the stewardship of open-air shopping centers nestled within suburban enclaves replete with affluent households, has unvei...

Business Update

SITE Centers Provides Third Quarter 2024 Transaction and Spin-Off Update

Published Tue, Sep 17 2024 10:47 AM UTC

for CSIMarket.com An Update from the Realm of Commerce: SITE Centers’ Third Quarter 2024 Transactions and Spin-OffOh, the marvels of our burgeoning commercial world, wherein transactions of vast sums and properties are effected with an elegance befitting our modern age! It is in this spirit of mercantile advancement that we present an account of the recent endeavours ...

Business Update

SITE Centers Corp. Moves Forward with Spin-Off of Curbline Properties,

Published Thu, Sep 12 2024 12:47 AM UTC

SITE Centers Corp. Announces Spin-Off of Curbline Properties Beachwood, Ohio SITE Centers Corp. (NYSE: SITC) has officially declared the record and distribution dates for the anticipated spin-off of its convenience retail property portfolio. This strategic move will involve the separation of these assets into a newly formed, publicly traded entity named Curbline Properti...

Business Update

SITE Centers Strategic Transformation A Spin-Off and Portfolio Shake-Up Signal Growth

Published Wed, Sep 11 2024 10:47 PM UTC

SITE Centers Corp. (NYSE: SITC), a prominent player in the realm of open-air shopping centers, is embarking on a transformative journey that could reshape its market presence. The company recently announced key developments that underline a strategic pivot towards a more focused operational model in the retail real estate sector. Spin-Off Announcement and Strategic Rational...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 0.89
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 1.65
Price to Sales (Expected) -
Price to Book 0.46
PEG (TTM) -

Financial Strength Current
Quick Ratio 3.88
Working Capital Ratio 4.1
Leverage Ratio (MRQ) 0.2
Total Debt to Equity -
Interest Coverage (TTM) 47.01
Debt Coverage (TTM) 1.61

Per Share Current
Earnings (TTM) 3.33 $
Revenues (TTM) 1.79 $
Cash Flow (TTM) 2.45 $
Cash 3.69 $
Book Value 6.4 $
Dividend (TTM) 6.75 $

Efficiency Current
Revenue per Employee (TTM) 606,723
Net Income per Employee (TTM) 1,133,639
Receivable Turnover Ratio (TTM) 6.32
Inventory Turnover Ratio (TTM) -
Asset Turnover Ratio (TTM) 0.15

Profitability Ratios Current
Gross Margin (MRQ) -
Operating Margin (MRQ) -178.9 %
Net Margin (MRQ) 7.21 %
Net Cash Flow Margin (MRQ) 578.21 %
Effective Tax Rate (TTM) -

Management Effectiveness Current
Return On Assets (TTM) 28.89 %
Return On Investment (TTM) 32.24 %
Return On Equity (TTM) 47.95 %
Dividend Yield 228.81 %
Pay out Ratio (TTM) 202.7 %



Site Centers's Segments





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