Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of SITE Centers Corp (NYSE: SITC) was $12.2 for the day, up 3.04% from the previous closing price of $11.84. In other words, the price has increased by $3.04 from its previous closing price. On the day, 0.63 million shares were traded. SITC stock price reached its highest trading level at $12.21 during the session, while it also had its lowest trading level at $11.92.
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 3.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 511.81. 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 641543104 and an Enterprise Value of 774480768. As of this moment, SITE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.18 while its Price-to-Book (P/B) ratio in mrq is 1.31. Its current Enterprise Value per Revenue stands at 4.468 whereas that against EBITDA is 9.206.
Stock Price History:
The Beta on a monthly basis for SITC is 1.30, which has changed by -0.8012058 over the last 52 weeks, in comparison to a change of 0.1513431 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 $9.58. The 50-Day Moving Average of the stock is 8.32%, while the 200-Day Moving Average is calculated to be -0.23%.
Shares Statistics:
SITC traded an average of 1.21M shares per day over the past three months and 824567 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 5.46% of the company’s shares, while institutions hold 107.28% stake in the company. Shares short for SITC as of 1753920000 were 2066405 with a Short Ratio of 1.71, compared to 1751241600 on 2591354. Therefore, it implies a Short% of Shares Outstanding of 2066405 and a Short% of Float of 7.180000000000001.
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 current rating of SITE Centers Corp (SITC) reflects the combined expertise of 1.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is -$0.16, with high estimates of -$0.16 and low estimates of -$0.16.
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.
