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SITE Centers ( (SITC) ) has issued an update.
On June 18, 2025, SITE Centers Corp.’s subsidiary, DDR Winter Garden LLC, agreed to sell its interests in Winter Garden Village in Orlando, Florida, to RA2 – Winter Gardens Village LLC for approximately $165 million in cash. The transaction is expected to close in the third quarter of 2025, pending certain conditions such as zoning confirmations and satisfactory tenant estoppel letters. This sale reflects SITE Centers’ strategic move to optimize its property portfolio and potentially enhance its financial position.
The most recent analyst rating on (SITC) stock is a Buy with a $23.00 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 Neutral.
The overall score of 67 reflects SITE Centers’ strong profitability and stable balance sheet, offset by concerns over declining revenue and free cash flow. The low P/E ratio suggests potential undervaluation, while technical analysis indicates neutral momentum.
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 open-air shopping centers. The company primarily deals with retail properties and is involved in transactions that enhance its portfolio and market positioning.
Average Trading Volume: 896,064
Technical Sentiment Signal: Buy
Current Market Cap: $655.6M
Find detailed analytics on SITC stock on TipRanks’ Stock Analysis page.