SITE Centers (SITC) AI Stock Analysis

• Market Cap: $379.83M
• Dividend Yield: 6.15%
• Average Volume (3M): 1.02M
• Price to Earnings (P/E): 13.1
• Beta (1Y): 0.58
• Revenue Growth: -69.63%
• EPS Growth: -95.99%
• Country: US
• Employees: 172
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Retail
• EPS (TTM): -0.13
• Shares Outstanding: 52,462,340
• 10 Day Avg. Volume: 1,299,021
• 30 Day Avg. Volume: 1,020,412
• PEG Ratio: 0.01
• Price to Book (P/B): 1.55
• Price to Sales (P/S): 2.89
• P/FCF Ratio: 7.15
• Enterprise Value/Market Cap: 1.55
• Enterprise Value/Revenue: 11.34
• Enterprise Value/Gross Profit: 41.55
• Enterprise Value/Ebitda: 5.99
• 1Y Price Target: $10.00
• Price Target Upside: 14.68% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): -0.6
• Revenue Forecast (FY): $134.00M

• Rating: 55 Neutral
• Price Target: $7.50 ▼(-13.99% Downside)

SITE Centers' overall stock score reflects significant financial performance concerns, particularly in income and cash flow volatility. Technical analysis indicates bearish momentum, which could pressure the stock further. However, the valuation is relatively attractive with a reasonable P/E ratio and a high dividend yield, providing some support.

Positive Factors

Asset Sales

The sale of properties indicates a strategic focus on optimizing the portfolio, potentially enhancing financial flexibility and focusing on high-performing assets.

Special Cash Distribution

The special cash distribution reflects strong cash reserves and commitment to returning value to shareholders, enhancing investor confidence.

Strategic Focus

A strategic focus on asset management and leasing can lead to improved operational efficiency and long-term value creation.

Negative Factors

Revenue Decline

A significant decline in revenue suggests challenges in maintaining tenant occupancy or rental rates, impacting long-term growth prospects.

Negative Operating Cash Flow

Negative operating cash flow indicates potential difficulties in covering operational expenses, which could affect financial stability and growth initiatives.

Volatile Financial Performance

Volatility in financial performance and declining margins highlight operational challenges, potentially affecting long-term profitability and investor confidence.

SITE Centers Business Overview & Revenue Model

Company Description

SITE Centers Corp. (SITC) is a leading real estate investment trust (REIT) that specializes in the ownership, operation, and development of open-air shopping centers. The company primarily focuses on retail properties located in high-density urban areas, offering a diverse mix of tenants, including national and regional retailers, restaurants, and service-oriented businesses. With a portfolio that emphasizes convenience and accessibility, SITE Centers aims to enhance the shopping experience for consumers while providing value to its investors.

How the Company Makes Money

SITE Centers generates revenue primarily through leasing retail space to tenants in its shopping centers. The company earns rental income from long-term leases with various retailers, which typically include base rent and additional charges such as property taxes, insurance, and maintenance fees. The revenue model also includes percentage rent, where tenants pay a portion of their sales to SITE Centers, particularly when their sales exceed a certain threshold. Additionally, SITE Centers may engage in redevelopment projects to enhance the value of its properties, leading to increased rental income. The company's strategic partnerships with retailers and local businesses, along with its focus on high-traffic locations, further contribute to its revenue growth. Furthermore, SITE Centers may benefit from property appreciation and potential sales of assets, providing additional financial returns.

SITE Centers Financial Statement Overview

Summary

SITE Centers exhibits a mixed financial profile with significant volatility in income and cash flow metrics. The income statement shows a drastic decline in revenue growth rate and negative EBIT margin, while the balance sheet is stable with moderate leverage. Cash flow analysis reveals negative operating cash flow, raising concerns about future profitability and cash generation.

Income Statement

SITE Centers has experienced significant fluctuations in its financial performance. The TTM data shows a drastic decline in revenue growth rate (-55.11%) and negative EBIT margin, indicating operational challenges. However, the net profit margin remains high due to non-operational factors. Historical data shows inconsistent revenue growth and declining margins, suggesting volatility in profitability.

Balance Sheet

The company's balance sheet reflects moderate leverage with a debt-to-equity ratio of 0.58 in the latest annual report. Return on equity has been strong historically but showed a significant drop in the TTM period. The equity ratio remains stable, indicating a balanced capital structure, but the recent decline in ROE is a concern.

Cash Flow

Cash flow analysis reveals a concerning trend with negative operating cash flow in the TTM period. Despite this, the free cash flow to net income ratio remains strong, suggesting efficient cash conversion. Historical data shows fluctuating free cash flow growth, highlighting potential instability in cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	51.98M	277.47M	452.62M	479.22M	532.86M	460.33M
Gross Profit	14.19M	181.80M	308.81M	324.61M	380.08M	321.93M
EBITDA	98.39M	716.89M	524.34M	419.63M	389.12M	285.99M
Net Income	37.61M	531.82M	265.70M	168.72M	124.94M	35.72M
Balance Sheet
Total Assets	436.18M	933.60M	4.06B	4.05B	3.97B	4.11B
Cash, Cash Equivalents and Short-Term Investments	128.23M	54.59M	551.97M	20.25M	41.81M	69.74M
Total Debt	255.15M	301.37M	1.63B	1.71B	1.68B	2.07B
Total Liabilities	345.67M	416.86M	1.89B	1.95B	1.92B	2.16B
Stockholders Equity	308.29M	516.74M	2.18B	2.09B	2.04B	1.94B
Cash Flow
Free Cash Flow	-132.40M	112.04M	238.53M	257.26M	282.51M	190.17M
Operating Cash Flow	-171.83M	112.04M	238.53M	257.26M	282.51M	190.17M
Investing Cash Flow	342.59M	1.84B	559.90M	-167.56M	74.45M	102.48M
Financing Cash Flow	-1.29B	-2.46B	-250.62M	-111.74M	-380.98M	-237.36M

SITE Centers Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 8.72
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SITC, the sentiment is Negative. The current price of 8.72 is above the 20-day moving average (MA) of 7.52, above the 50-day MA of 7.68, and above the 200-day MA of 7.44, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 39.79 is Neutral, neither overbought nor oversold. The STOCH value of 20.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SITC.

SITE Centers Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SKT	71 Outperform	$3.97B	36.74	16.81%	3.32%	9.59%	8.34%
CBL	70 Outperform	$984.30M	8.11	37.88%	9.06%	5.74%	294.33%
BFS	68 Neutral	$746.77M	26.57	11.88%	7.81%	5.75%	-37.69%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
AKR	64 Neutral	$2.64B	157.72	0.74%	3.90%	8.85%	27.38%
SITC	55 Neutral	$379.83M	13.12	2.46%	6.15%	-69.63%	-95.99%
MAC	52 Neutral	$4.77B	―	-18.43%	4.02%	8.06%	74.26%

SITE Centers Corporate Events

SITE Centers Corp. Reports Q3 2025 Financial Results

SITE Centers Corp. is a real estate investment trust (REIT) that owns and manages open-air shopping centers, operating as a fully integrated real estate company. The company is publicly traded on the New York Stock Exchange under the ticker symbol SITC.

SITE Centers Completes Due Diligence for Asset Sale

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.

SITE Centers Announces Expiration of Due Diligence Period

On September 22, 2025, SITE Centers Corp. announced the expiration of the general due diligence period under a Portfolio Purchase Agreement with Haverford Retail Partners. The agreement involves the sale of SITE Centers’ interests in three shopping centers for $126 million. The transaction, expected to close in the fourth quarter of 2025, includes conditions such as tenant estoppel letters and the absence of certain adverse events. This sale is part of SITE Centers’ strategic efforts to manage its portfolio and financial obligations, as two of the properties serve as collateral for mortgage debt.

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.