Financials SITE Centers Corp.

Equities

SITC

US82981J1097

Commercial REITs

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
13.48 USD -1.03% Intraday chart for SITE Centers Corp. -1.25% -1.10%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,717 1,955 3,356 2,903 2,853 2,825 - -
Enterprise Value (EV) 1 4,548 3,819 4,991 4,590 3,927 3,202 3,185 3,167
P/E ratio 42.5 x 127 x 31 x 18.7 x 11.3 x 75.6 x 85.7 x 96.3 x
Yield 5.71% 2.47% 2.97% 3.81% 4.99% 4.67% 3.81% 3.93%
Capitalization / Revenue 6.06 x 4.69 x 6.82 x 5.37 x 5.29 x 5.73 x 5.57 x -
EV / Revenue 10.1 x 9.16 x 10.1 x 8.49 x 7.28 x 6.49 x 6.28 x -
EV / EBITDA 14.7 x 14.2 x 15.4 x 13.7 x 11.9 x 11.7 x 14.1 x 17.2 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.37 x 1.01 x 1.64 x 1.4 x 1.31 x 1.38 x 1.33 x -
Nbr of stocks (in thousands) 193,799 193,220 211,978 212,512 209,318 209,544 - -
Reference price 2 14.02 10.12 15.83 13.66 13.63 13.48 13.48 13.48
Announcement Date 2/13/20 2/18/21 2/9/22 2/8/23 2/13/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 448.6 416.8 492.3 540.8 539.5 493 507 -
EBITDA 1 309.9 269 325 335.8 329.7 274.7 225.6 184.5
EBIT 1 144.9 98.38 139.3 132.3 117.2 76.59 34.74 10.57
Operating Margin 32.29% 23.61% 28.28% 24.46% 21.73% 15.54% 6.85% -
Earnings before Tax (EBT) 1 75.13 9.065 54.42 49.49 38.41 -51.56 -83.55 -82.37
Net income 1 61.29 15.19 106.1 157.6 254.5 37.6 37.34 18.68
Net margin 13.66% 3.64% 21.55% 29.13% 47.19% 7.63% 7.36% -
EPS 2 0.3300 0.0800 0.5100 0.7300 1.210 0.1784 0.1574 0.1400
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.8000 0.2500 0.4700 0.5200 0.6800 0.6300 0.5133 0.5300
Announcement Date 2/13/20 2/18/21 2/9/22 2/8/23 2/13/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 121.1 124.6 131.1 137.1 136.2 136.4 136.8 136.4 143.1 123.2 120.2 120.9 120.7 120 126.6
EBITDA 1 71.11 85.08 79.95 86.43 85.31 84.12 84.83 81.37 91.97 71.52 72.67 70.72 69.05 64.01 64.98
EBIT 1 - - - - - - - - - 24.59 21.14 19.24 16.67 14.8 -
Operating Margin - - - - - - - - - 19.97% 17.59% 15.91% 13.81% 12.33% -
Earnings before Tax (EBT) 20.63 18.11 10.82 12.81 13.49 12.36 10.2 5.715 48.88 9.78 - - - - -
Net income 1 25.28 56.2 11.15 57.6 63.41 25.41 12.5 2.564 45.85 193.6 10.27 9.337 10.92 9.046 14.85
Net margin 20.87% 45.12% 8.51% 42.01% 46.56% 18.62% 9.13% 1.88% 32.05% 157.23% 8.54% 7.72% 9.05% 7.54% 11.73%
EPS 2 0.1200 0.2600 0.0500 0.2700 0.3000 0.1200 0.0600 0.0100 0.2200 0.9200 0.0484 0.0411 0.0445 0.0189 0.0700
Dividend per Share 2 0.1200 0.1200 0.1300 0.1300 0.1300 0.1300 0.1300 0.1300 0.1300 0.2900 0.1567 0.1300 0.1300 0.1300 0.1267
Announcement Date 10/25/21 2/9/22 4/26/22 7/28/22 10/25/22 2/8/23 4/25/23 7/25/23 10/30/23 2/13/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,831 1,864 1,636 1,687 1,074 377 360 342
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 5.908 x 6.927 x 5.032 x 5.023 x 3.259 x 1.372 x 1.597 x 1.855 x
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 1.64% 0.78% 5.69% 7.64% 11.9% 1.16% 0.42% 0.31%
ROA (Net income/ Total Assets) 0.8% 0.89% 2.8% 3.93% 6.28% 0.76% 0.07% -
Assets 1 7,668 1,698 3,784 4,006 4,053 4,980 52,587 -
Book Value Per Share 2 10.20 10.10 9.640 9.780 10.40 9.780 10.10 -
Cash Flow per Share 1.470 - - - - - - -
Capex 115 - - - - - - -
Capex / Sales 25.52% - - - - - - -
Announcement Date 2/13/20 2/18/21 2/9/22 2/8/23 2/13/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
13.48 USD
Average target price
14.61 USD
Spread / Average Target
+8.41%
Consensus
  1. Stock Market
  2. Equities
  3. SITC Stock
  4. Financials SITE Centers Corp.