SITC SITE Centers Corp

  1. Stocks
  2. Real Estate
  3. NYSE: SITC

Price (delayed)

$13.9

Market cap

$2.91B

P/E Ratio

13.63

Dividend/share

$0.52

EPS

$1.02

Enterprise value

$3.92B

SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income communities. The Company is a self-administered and self-managed REIT operating as a fully ...

Highlights
The stock's price to earnings (P/E) is 66% less than its 5-year quarterly average of 39.4 and 35% less than its last 4 quarters average of 20.7
The debt fell by 12% YoY and by 3.8% QoQ
The company's EPS rose by 36% YoY but it fell by 16% QoQ
The net income is up by 33% year-on-year but it has declined by 15% since the previous quarter
SITE Centers's revenue has decreased by 4.9% YoY and by 3% QoQ
SITC's gross profit is down by 4.1% year-on-year and by 2.8% since the previous quarter
Sector: Real Estate
Industry: REIT - Retail
Website: http://www.sitecenters.com
Peers: NNN

Key stats

What are the main financial stats of SITC
Market
Shares outstanding
209.54M
Market cap
$2.91B
Enterprise value
$3.92B
Valuations
Price to earnings (P/E)
13.63
Price to book (P/B)
1.37
Price to sales (P/S)
5.49
EV/EBIT
12.74
EV/EBITDA
7.7
EV/Sales
7.4
Earnings
Revenue
$529.67M
EBIT
$307.86M
EBITDA
$509.45M
Free cash flow
$1.07B
Per share
EPS
$1.02
Free cash flow per share
$5.12
Book value per share
$10.15
Revenue per share
$2.53
TBVPS
$18.59
Balance sheet
Total assets
$3.89B
Total liabilities
$1.77B
Debt
$1.57B
Equity
$2.12B
Working capital
N/A
Liquidity
Debt to equity
0.74
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
1.98
Margins
EBITDA margin
96.2%
Gross margin
69.8%
Net margin
42.8%
Operating margin
9.5%
Efficiency
Return on assets
5.4%
Return on equity
10.3%
Return on invested capital
5.7%
Return on capital employed
N/A
Return on sales
58.1%
Dividend
Dividend yield
3.74%
DPS
$0.52
Payout ratio
51%

SITC stock price

How has the SITE Centers stock price performed over time
Intraday
1.24%
1 week
2.06%
1 month
-1.49%
1 year
16.61%
YTD
1.98%
QTD
-5.12%

Financial performance

How have SITE Centers's revenue and profit performed over time
Revenue
$529.67M
Gross profit
$369.89M
Operating income
$50.4M
Net income
$226.87M
Gross margin
69.8%
Net margin
42.8%
The company's operating income has shrunk by 62% YoY and by 57% QoQ
SITE Centers's operating margin has shrunk by 60% YoY and by 56% QoQ
The net margin rose by 40% YoY but it fell by 12% QoQ
The net income is up by 33% year-on-year but it has declined by 15% since the previous quarter

Growth

What is SITE Centers's growth rate over time

Valuation

What is SITE Centers stock price valuation
SITC P/E details
P/E
13.63
P/B
1.37
P/S
5.49
EV/EBIT
12.74
EV/EBITDA
7.7
EV/Sales
7.4
The stock's price to earnings (P/E) is 66% less than its 5-year quarterly average of 39.4 and 35% less than its last 4 quarters average of 20.7
The company's EPS rose by 36% YoY but it fell by 16% QoQ
The equity has increased by 4.2% YoY but it has decreased by 2.4% from the previous quarter
SITC's price to book (P/B) is 3.8% higher than its 5-year quarterly average of 1.3 and 3.8% higher than its last 4 quarters average of 1.3
The price to sales (P/S) is 11% higher than the 5-year quarterly average of 4.9 and 4.4% higher than the last 4 quarters average of 5.2
SITE Centers's revenue has decreased by 4.9% YoY and by 3% QoQ

Efficiency

How efficient is SITE Centers business performance
SITE Centers's return on assets has increased by 38% YoY but it has decreased by 14% QoQ
SITC's return on invested capital is up by 36% year-on-year but it is down by 8% since the previous quarter
SITE Centers's return on equity has increased by 36% YoY but it has decreased by 16% QoQ
The company's return on sales rose by 30% YoY but it fell by 9% QoQ

Dividends

What is SITC's dividend history
DPS
$0.52
Dividend yield
3.74%
Payout ratio
51%
Recent dividends

Financial health

How did SITE Centers financials performed over time
The total assets is 120% higher than the total liabilities
SITE Centers's total liabilities has decreased by 12% YoY and by 6% QoQ
The total assets fell by 4.2% QoQ and by 4% YoY
The debt is 26% lower than the equity
The debt to equity has declined by 15% year-on-year
The debt fell by 12% YoY and by 3.8% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.