Site Centers Corporation (SITC) Stock
NYSE:SITC | $SITC
SITC Stock Price
SITC Company Profile
Company Description
Site Centers Corporation (NYSE:SITC) is a publicly traded real estate investment trust (REIT) that focuses on the acquisition, development, and management of open-air shopping centers. With a portfolio that includes properties primarily in the United States, the company targets suburban communities with a mix of necessity-based and value-oriented retailers. Founded in 1965 and headquartered in Beachwood, Ohio, Site Centers aims to enhance shareholder value through active property management, strategic redevelopment, and selective acquisitions.
Company Categories
- Retail Real Estate
- Commercial Real Estate
- Commercial Real Estate Investing
- Triple Net (NNN) Real Estate Investing
- Largest Retail Real Estate Companies
Company Details
Ticker Symbol: SITC
Exchange: NYSE
Website: IR.SiteCenters.com
SITC Financials
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SITC Stock Analysis
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SITC Stock News & Activity
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How Much Did SITE Centers'(NYSE:SITC) Shareholders Earn From Share Price Movements Over The Last Five Years? – Yahoo News UK
on May 3, 2024 at 6:29 am
How Much Did SITE Centers'(NYSE:SITC) Shareholders Earn From Share Price Movements Over The Last Five Years? Yahoo News UK
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Handelsbanken Fonder AB Raises Stock Holdings in SITE Centers Corp. (NYSE:SITC) – Defense World
on May 2, 2024 at 9:45 pm
Handelsbanken Fonder AB Raises Stock Holdings in SITE Centers Corp. (NYSE:SITC) Defense World
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SITE Centers (SITC) Stock Declines Despite Q1 OFFO Beat – Yahoo Canada Finance
on May 1, 2024 at 4:04 pm
SITE Centers (SITC) Stock Declines Despite Q1 OFFO Beat Yahoo Canada Finance
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SITE Centers Corp. (NYSE:SITC) Q1 2024 Earnings Call Transcript – Insider Monkey
on May 1, 2024 at 2:16 pm
SITE Centers Corp. (NYSE:SITC) Q1 2024 Earnings Call Transcript Insider Monkey
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SITE Centers Reports First Quarter 2024 Results – Business Wire
on April 30, 2024 at 10:30 am
SITE Centers Reports First Quarter 2024 Results Business Wire
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Site Centers Corp Stock Frequently Asked Questions
What is the Bull Case for Site Centers Corp (NYSE:SITC) Stock?
The bullish case for Site Centers Corporation (NYSE:SITC) stock can be summarized by the following market conditions:
- Strategic Locations: Centers positioned in high-traffic, suburban areas drive consistent footfall.
- Necessity-Based Retailers: Anchored by essential services ensuring steady consumer demand.
- Active Management: Focused on enhancing property value through strategic leasing and redevelopment.
- Resilient Model: Open-air format more adaptable to changing retail landscapes.
- Financial Strength: Solid balance sheet supports growth initiatives and dividend payments.
Does Site Centers Corp (NYSE:SITC) Stock Distribute a Dividend?
Yes, Site Centers Corporation (NYSE:SITC) distributes a dividend. The company has a history of regularly paying dividends to its shareholders, which are typically made on a quarterly basis.
What is the Bear Case for Site Centers Corp (NYSE:SITC) Stock?
The bearish case for Site Centers Corporation (NYSE:SITC) stock can be summarized by the following market conditions:
- E-Commerce Competition: Online shopping growth continues to challenge brick-and-mortar retail.
- Economic Sensitivity: Consumer spending downturns directly impact retail occupancy and rents.
- Tenant Volatility: Risk of anchor tenant bankruptcies or downsizing.
- Operational Costs: Rising maintenance and security costs could erode profitability.
- Market Saturation: Limited opportunities for accretive acquisitions in desired locations.
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