SITE Centers (SITC) AI Stock Analysis

• Market Cap: $384.42M
• Dividend Yield: 6.07%
• Average Volume (3M): 1.08M
• Price to Earnings (P/E): 1.1
• Beta (1Y): 0.72
• Revenue Growth: -57.45%
• EPS Growth: -20.83%
• Country: US
• Employees: 172
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Retail
• EPS (TTM): 0.88
• Shares Outstanding: 52,444,897
• 10 Day Avg. Volume: 1,035,399
• 30 Day Avg. Volume: 1,077,935
• 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: 1.89
• Enterprise Value/Revenue: 6.29
• Enterprise Value/Gross Profit: 10.43
• Enterprise Value/Ebitda: 1.56
• 1Y Price Target: $11.00
• Price Target Upside: 26.15% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 67 Neutral
• Price Target: $9.50 ▲(8.94% Upside)

SITE Centers' overall score is driven by strong profitability and attractive valuation metrics, despite challenges in revenue growth and cash flow. The technical analysis suggests neutral market momentum, which tempers the overall positive outlook.

Positive Factors

Profitability

The company's high net profit margin and return on equity indicate efficient operations and strong profitability, enhancing its ability to generate returns for investors over the long term.

Balance Sheet Health

Moderate leverage and a strong equity position suggest financial stability, providing SITE Centers with flexibility to manage debt and invest in growth opportunities.

Cash Flow Stability

Stable cash flow generation supports ongoing operations and financial commitments, ensuring liquidity and operational resilience despite free cash flow contraction.

Negative Factors

Revenue Contraction

The significant decline in revenue growth suggests challenges in maintaining sales momentum, potentially impacting future profitability and market competitiveness.

Free Cash Flow Decline

The decline in free cash flow poses risks to liquidity and limits the company's ability to invest in growth initiatives or return capital to shareholders.

Operational Efficiency

Low operational efficiency, as indicated by the EBIT margin, could hinder the company's ability to convert revenue into profit, affecting long-term financial performance.

SITE Centers Business Overview & Revenue Model

Company Description

SITE Centers is an owner and manager of open-air shopping centers that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. 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.

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 strong profitability with a high net profit margin and return on equity, indicating efficient use of capital. However, the decline in revenue and negative free cash flow growth pose potential risks. Despite these challenges, the company's stable balance sheet and sufficient cash flow from operations provide a buffer.

Income Statement

SITE Centers has shown a solid performance with a strong net profit margin of 282.01% on a TTM basis, indicating exceptional profitability. However, the revenue growth rate is negative at -28.64% from 2023 to 2024, reflecting a contraction in sales. The EBIT margin is low at 5.51%, suggesting limited operational efficiency, but the EBITDA margin is exceptionally high at 353.67% due to significant non-operational income, perhaps from asset sales. Overall, profitability is robust, but revenue contraction is a concern.

Balance Sheet

The company's debt-to-equity ratio is 0.58, indicating moderate leverage and a relatively strong balance sheet position. The return on equity is high at 107.46%, showcasing efficient use of equity capital to generate net income. The equity ratio stands at 55.89%, highlighting a stable equity position in the capital structure. While the balance sheet reflects financial stability, the moderate leverage warrants cautious observation.

Cash Flow

Free cash flow growth is negative at -30.57%, which could be a concern for liquidity. However, the operating cash flow to net income ratio of 0.14 and free cash flow to net income ratio of 0.14 indicate that cash generation from operations is supportive of reported earnings. Despite the reduction in free cash flow, the overall cash flow position remains stable, although improvements in cash generation are needed.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	115.80M	277.47M	546.27M	540.81M	492.34M	416.76M
Gross Profit	69.81M	181.80M	380.55M	370.82M	339.56M	278.36M
EBITDA	467.70M	716.89M	339.27M	361.16M	372.32M	263.06M
Net Income	366.72M	531.82M	265.70M	168.72M	124.94M	35.72M
Balance Sheet
Total Assets	711.04M	933.60M	4.06B	4.05B	3.97B	4.11B
Cash, Cash Equivalents and Short-Term Investments	153.79M	54.59M	551.97M	20.25M	41.81M	69.74M
Total Debt	0.00	301.37M	1.63B	1.71B	1.68B	1.93B
Total Liabilities	472.36M	416.86M	1.89B	1.95B	1.92B	2.16B
Stockholders Equity	486.68M	516.74M	2.18B	2.09B	2.04B	1.94B
Cash Flow
Free Cash Flow	-28.63M	112.04M	238.53M	257.26M	282.51M	190.17M
Operating Cash Flow	-28.63M	112.04M	238.53M	257.26M	282.51M	190.17M
Investing Cash Flow	1.04B	1.84B	559.90M	-167.56M	74.45M	102.48M
Financing Cash Flow	-2.11B	-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: Positive

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 7.61, above the 50-day MA of 7.76, and above the 200-day MA of 7.49, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 36.75 is Neutral, neither overbought nor oversold. The STOCH value of -109.58 is Positive, 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	―	$3.68B	36.87	16.78%	3.54%	10.59%	-1.83%
SITC	―	$384.42M	1.09	25.89%	6.07%	-57.45%	-20.83%
Sector *	―	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
BFS	―	$721.50M	22.47	12.90%	7.97%	5.17%	-25.96%
CBL	―	$914.69M	14.14	21.97%	9.64%	2.20%	128.61%
AKR	―	$2.54B	151.83	0.74%	4.14%	8.85%	27.38%
MAC	―	$4.52B	-28.94	-19.00%	4.02%	4.53%	40.88%

SITE Centers Corporate Events

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.

SITE Centers Reports Q2 2025 Financial Results

SITE Centers Corp., a real estate investment trust (REIT) specializing in open-air shopping centers in affluent suburban areas, has released its second-quarter 2025 financial results. The company, which is publicly traded on the New York Stock Exchange under the ticker SITC, focuses on maximizing asset value through leasing, asset management, and property sales.

SITE Centers Finalizes Sale of Winter Garden Village

On August 1, 2025, SITE Centers Corp., through its subsidiary, finalized the sale of its interests in Winter Garden Village located in Orlando, Florida, to RA2 – Winter Garden Village LLC. The transaction was valued at $165 million in cash, with adjustments for closing pro-rations, allocations, and credits.

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.