SITE Centers is an owner and manager of open-air shopping centers. 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.
Market Positioning | Explore how strong demand for open-air retail assets creates favorable selling conditions, with $95 million under contract and approximately $350 million in negotiations. |
Delve Into Performance | Improved leasing momentum with 75,000 square feet across 14 deals in Q1 2025 demonstrates healthy tenant demand despite ongoing portfolio changes and property dispositions. |
Analyst Outlook | Price target reduced from $19.00 to $12.00 between May and October 2025, reflecting the transformed financial profile after substantial capital distributions. |
Capital Return Strategy | SITE Centers Corp. executes an aggressive asset monetization plan, returning $5.75 per share in special dividends during 2025 while reshaping its portfolio of open-air shopping centers. |
Metrics to compare | SITC | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipSITCPeersSector | |
|---|---|---|---|---|
P/E Ratio | 13.4x | 25.0x | 8.8x | |
PEG Ratio | −0.14 | 6.04 | 0.01 | |
Price / Book | 1.2x | 1.6x | 0.9x | |
Price / LTM Sales | 2.7x | 7.8x | 3.9x | |
Upside (Analyst Target) | 23.3% | 14.2% | 15.9% | |
Fair Value Upside | Unlock | −3.9% | 0.4% | Unlock |