SITE Centers Corp’s Market Journey: Closing Strong at 11.35%, Up $1.16

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The closing price of SITE Centers Corp (NYSE: SITC) was $11.35 for the day%, Up $1.16% from the previous closing price of $11.22. In other words, the price has increased by $1.16 from its previous closing price. On the day, 0.71 million shares were traded. SITC stock price reached its highest trading level at $11.44 during the session, while it also had its lowest trading level at $11.2.

Ratios:

Our analysis of SITC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 476.20. For the most recent quarter (mrq), Quick Ratio is recorded 1.66 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.61.

On October 02, 2024, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight but kept the price unchanged to $19.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 23 ’24 when Cattonar John M sold 8,794 shares for $15.22 per share. The transaction valued at 133,824 led to the insider holds 0 shares of the business.

Cattonar John M bought 8,794 shares of SITC for $135,955 on Dec 23 ’24. On Dec 17 ’24, another insider, Sweeney Dawn M., who serves as the Director of the company, sold 7,490 shares for $15.40 each. As a result, the insider received 115,314 and left with 21,592 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SITC now has a Market Capitalization of 596845440 and an Enterprise Value of 729902592. As of this moment, SITE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.96 while its Price-to-Book (P/B) ratio in mrq is 1.22. Its current Enterprise Value per Revenue stands at 4.211 whereas that against EBITDA is 8.676.

Stock Price History:

The Beta on a monthly basis for SITC is 1.35, which has changed by -0.81466365 over the last 52 weeks, in comparison to a change of 0.17279088 over the same period for the S&P500. Over the past 52 weeks, SITC has reached a high of $16.06, while it has fallen to a 52-week low of $9.25. The 50-Day Moving Average of the stock is 2.80%, while the 200-Day Moving Average is calculated to be -6.50%.

Shares Statistics:

SITC traded an average of 1.18M shares per day over the past three months and 1349500 shares per day over the past ten days. A total of 52.44M shares are outstanding, with a floating share count of 49.58M. Insiders hold about 5.45% of the company’s shares, while institutions hold 107.78% stake in the company. Shares short for SITC as of 1752537600 were 2549021 with a Short Ratio of 2.16, compared to 1749772800 on 2847058. Therefore, it implies a Short% of Shares Outstanding of 2549021 and a Short% of Float of 8.8599995.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 4.27. The current Payout Ratio is 4.55% for SITC, which recently paid a dividend on 2024-06-18 with an ex-dividend date of 2025-09-02. Stock splits for the company last occurred on 2024-08-19 when the company split stock in a 1:4 ratio.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $31.3M to a low estimate of $31.3M. As of the current estimate, SITE Centers Corp’s year-ago sales were $89.43MFor the next quarter, 1 analysts are estimating revenue of $31.2M. There is a high estimate of $31.2M for the next quarter, whereas the lowest estimate is $31.2M.

A total of 1 analysts have provided revenue estimates for SITC’s current fiscal year. The highest revenue estimate was $134M, while the lowest revenue estimate was $134M, resulting in an average revenue estimate of $134M. In the same quarter a year ago, actual revenue was $271.09MBased on 1 analysts’ estimates, the company’s revenue will be $126.3M in the next fiscal year. The high estimate is $126.3M and the low estimate is $126.3M.

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