Added to YB: 2025-01-09
Pitch date: 2025-01-07
SITC [bullish]
SITE Centers Corp.
-15.4%
current return
Author Info
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Company Info
SITE Centers is an owner and manager of open-air shopping centers located primarily in suburban, high household income communities.
Market Cap
$363.6M
Pitch Price
$8.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.96
P/E
12.75
EV/Sales
3.46
Sector
Retail REITs
Category
dividend
Show full summary:
SITE Centers Corp. - $SITC
SITC: Shopping center REIT trading at 13% dividend yield after paying off debt. Strong town center model with lifestyle tenants. Spun off convenience properties. Post-spinoff EPS est. 1.3, PE 11.5, 5.5% div yield. Almost zero debt, well-positioned for economic challenges. Attractive valuation with upside potential.
Read full article (8 min)