For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, SITE Centers Corp (NYSE: SITC) closed at $11.03 down -0.27% from its previous closing price of $11.06. In other words, the price has decreased by -$0.27 from its previous closing price. On the day, 0.74 million shares were traded. SITC stock price reached its highest trading level at $11.22 during the session, while it also had its lowest trading level at $10.975.
Ratios:
For a deeper understanding of SITE Centers Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.07. For the most recent quarter (mrq), Quick Ratio is recorded 3.06 and its Current Ratio is at 3.06. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.60.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 580018048 and an Enterprise Value of 836639808. As of this moment, SITE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.04 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 3.677 whereas that against EBITDA is 6.63.
Stock Price History:
The Beta on a monthly basis for SITC is 1.33, which has changed by -0.8234355 over the last 52 weeks, in comparison to a change of 0.13161862 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 0.92%, while the 200-Day Moving Average is calculated to be -11.33%.
Shares Statistics:
For the past three months, SITC has traded an average of 1.02M shares per day and 910724 over the past ten days. A total of 52.20M shares are outstanding, with a floating share count of 49.59M. Insiders hold about 5.44% of the company’s shares, while institutions hold 109.61% stake in the company. Shares short for SITC as of 1749772800 were 2847058 with a Short Ratio of 2.54, compared to 1747267200 on 2187522. Therefore, it implies a Short% of Shares Outstanding of 2847058 and a Short% of Float of 9.8900005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.04701627The stock’s 5-year Average Dividend Yield is 4.33. The current Payout Ratio is 4.55% for SITC, which recently paid a dividend on 2024-06-18 with an ex-dividend date of 2025-06-30. Stock splits for the company last occurred on 2024-08-19 when the company split stock in a 1:4 ratio.
