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SITE Centers Announces Expiration of Due Diligence Period

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SITE Centers Announces Expiration of Due Diligence Period

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SITE Centers ( (SITC) ) has provided an update.

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.

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 open-air shopping centers. The company primarily provides retail real estate services and is involved in the acquisition, development, and leasing of retail properties.

Average Trading Volume: 1,195,157

Technical Sentiment Signal: Strong Buy

Current Market Cap: $460.5M

See more data about SITC stock on TipRanks’ Stock Analysis page.

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