tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

SITE Centers Completes Due Diligence for Asset Sale

Story Highlights
SITE Centers Completes Due Diligence for Asset Sale

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from SITE Centers ( (SITC) ).

On September 30, 2025, SITE Centers Corp. completed the due diligence period for the sale of its interests in Nassau Park Pavilion, New Jersey, to B33 Nassau Park Pavilion III LLC for approximately $137.6 million. The sale, expected to close in the fourth quarter of 2025, involves a mortgage repayment with a make-whole premium of $7.6 million, and is subject to customary closing conditions.

The most recent analyst rating on (SITC) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on SITE Centers stock, see the SITC Stock Forecast page.

Spark’s Take on SITC Stock

According to Spark, TipRanks’ AI Analyst, SITC is a Outperform.

SITE Centers’ stock is supported by strong valuation metrics, including a very low P/E ratio and attractive dividend yield, which are significant factors in its overall score. The technical analysis indicates a positive trend, further enhancing the stock’s appeal. While financial performance shows strong profitability, concerns about revenue decline and negative cash flow growth slightly temper the outlook.

To see Spark’s full report on SITC stock, click here.

More about SITE Centers

SITE Centers Corp. operates in the real estate industry, focusing on owning and managing shopping centers primarily in suburban and urban markets.

Average Trading Volume: 1,151,358

Technical Sentiment Signal: Strong Buy

Current Market Cap: $471.5M

For a thorough assessment of SITC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1