SITE Centers Corp

SITE Centers Corp. is a real estate investment trust, which engages in the acquisition, development, lease, and management of shopping centers. It operates through the Shopping Centers and Loan Investments segments. The company was founded in 1965 and is headquartered in Beachwood, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

SITE Centers Corp (SITC) excels in Q4 with proactive risk management

SITE Centers Corp (SITC) delivered strong Q4 results with proactive risk management strategies and a focus on convenience asset acquisitions. Challenges include market bid-ask spread issues and risks associated with convenience assets in a downturn. Opportunities exist in robust leasing environment and backfill potential for anchor tenants.

SITE Centers Corp excels in Q1, eyes growth from acquisitions

SITE Centers Corp delivered a strong Q1 performance, exceeding expectations and raising guidance.
The company's focus on leasing, balance sheet strength, and strategic investments position it well.
Challenges include managing bankruptcies and balancing tenant mix for sustained growth.
Opportunities lie in potential upside from acquisitions, redevelopment projects, and industry dynamics.

SITE Centers Corp (SITC) reports strong Q2 earnings amidst tenant demand challenges

SITE Centers Corp (SITC) had a strong quarter with solid leasing activity and tenant demand, despite challenges from bankruptcies impacting revenue. The company's focus on tenant retention, managing construction costs, and leveraging the SNO pipeline for growth positions them well for the future.

SITE Centers plans spin-off of Curbline Properties for growth

Strong Q3 performance with property sales and spin-off plans set a positive trajectory for SITE Centers and Curbline Properties.
Curbline's financial foundation, growth potential, and market adaptability position it as a promising entity in the convenience retail sector.
Challenges in leadership transition, strategic decision-making, and cost management require careful navigation for sustained growth and profitability.

SITE Centers Corp reports strong Q4 performance and plans spin-off for growth

SITE Centers Corp showcased strong financial performance, strategic dispositions, and growth plans for Curbline Properties.
While challenges like prioritizing dispositions and minimal redevelopment activity exist, opportunities in asset sales and acquisitions are promising.
The company's proactive approach to financial management, balance sheet strength, and focus on maximizing asset value position it well for future growth.
Investors should monitor the progress of the spin-off, debt reduction efforts, and operational updates for potential value creation.

SITE Centers Corp reports strong Q1 performance and unveils promising spin-off plans

SITE Centers Corp (SITC) shows strong performance in Q1 2024 with notable property sales and acquisitions, despite some challenges in leasing volume.
Curbline Properties presents as a promising spin-off entity with a solid financial position and growth potential, attracting interest from investors.
Efforts to maintain high rents, efficient operations, and strategic portfolio management position both SITE and CURBline for future success.

SITE Centers Corp reports robust Q2 progress and plans spin-off

SITE Centers Corp's Q2 2024 earnings call showcased strong progress on strategic goals, with a focus on asset sales and the spin-off of Convenience assets into Curbline Properties.
Curbline's emphasis on financial performance and operational efficiency, along with planned acquisitions, highlights growth potential post-spin.
Challenges include market uncertainties and the need for seamless execution of the spin-off, while opportunities lie in focused growth and strategic acquisitions.

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SITE CENTERS CORP. (SITC) delivered FFO and revenue surprises of 21.74% and 9.26%, respectively, for the quarter ended March 2021.

SITE CENTERS CORP. (SITC) Surpasses Q1 FFO and Revenue Estimates

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Reports First Quarter 2021 Operating Results

SITE Centers Reports First Quarter 2021 Operating Results

SITE Centers Corporation has a sizable footprint in the shopping center niche of the REIT space.

SITE Centers Corporation: Nothing Special

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Most strip center REITs cut or suspended dividends in 2020. 2021 dividend reinstatements have been at far more conservative levels.

Strip Center REITs: Crawling From The Wreckage

SITE CENTERS CORP. (SITC) reported earnings 30 days ago.

SITE CENTERS CORP. (SITC) Up 6.8% Since Last Earnings Report: Can It Continue?

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Declares First Quarter 2021 Class A Preferred Share Dividend

SITE Centers Declares First Quarter 2021 Class A Preferred Share Dividend

SITE Centers (SITC) affirms 2021 OFFO per share guidance and collects roughly 95% and 94% of aggregate base rents for January and February 2021, respectively.

SITE Centers (SITC) Affirms '21 View, Receives 94% of February Rent

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Affirms 2021 OFFO Guidance and Provides First Quarter 2021 Operational Update

SITE Centers Affirms 2021 OFFO Guidance and Provides First Quarter 2021 Operational Update

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers to Present at the 2021 Citi Virtual Global Property CEO Conference

SITE Centers to Present at the 2021 Citi Virtual Global Property CEO Conference

SITE Centers (SITC) will use the net proceeds from the 15 million share offering to primarily fund the redemption of its outstanding 6.250% class K cumulative redeemable preferred shares.

SITE Centers (SITC) to Raise $198M From Common Share Offering

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Announces Pricing of Common Shares Offering

SITE Centers Announces Pricing of Common Shares Offering

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Announces Offering of Common Shares

SITE Centers Announces Offering of Common Shares

SITE Centers' (SITC) Q4 results reflect better-than-expected revenues, improving rent collections and strong leasing volumes during the period.

SITE Centers (SITC) Tops on Q4 OFFO & Revenues, Hikes Dividend

SITE Centers Corp. (SITC) CEO David Lukes on Q4 2020 Results - Earnings Call Transcript

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Reports Fourth Quarter and Year-End 2020 Operating Results

SITE Centers Reports Fourth Quarter and Year-End 2020 Operating Results

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers' Fourth Quarter and Year-End 2020 Earnings Conference Call to be Held on Thursday, February 18, 2021, at 8:00 a.m. Eastern Time

SITE Centers' Fourth Quarter and Year-End 2020 Earnings Conference Call to be Held on Thursday, February 18, 2021, at 8:00 a.m. Eastern Time

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. Announces Tax Allocations of 2020 Dividend Distributions

SITE Centers Corp. Announces Tax Allocations of 2020 Dividend Distributions

SITE Centers (SITC) collects 93% of Q4 rents from tenants, higher than the previous two quarters. Also, it sees the highest level of leasing in the December-end quarter since third-quarter 2018.

SITE Centers (SITC) Shows Signs of Recovery, Q4 Rent Receipts Rise

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Provides Fourth Quarter 2020 Operational Update

SITE Centers Provides Fourth Quarter 2020 Operational Update

SITE Centers has seen a continued recovery in its operating metrics since the depths of the pandemic. It has well-located properties with strong income demographics, and has seen strong leasing spreads on new and renewal leases.

Strong Leasing Spreads, Why You Should Consider SITE Centers

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Declares Fourth Quarter 2020 Class A and Class K Preferred Share Dividends

SITE Centers Declares Fourth Quarter 2020 Class A and Class K Preferred Share Dividends

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Declares Common Stock Dividend of $0.05 for Fourth Quarter 2020

SITE Centers Declares Common Stock Dividend of $0.05 for Fourth Quarter 2020

October rent collection rose to 90%. Leasing spreads were strong, but declines in occupancy led to significant declines in SS NOI.

SITE Centers Trades Cheaply On Trough Earnings With 60% Potential Upside

While SITE Centers (SITC) witnesses solid rental receipts and higher annual base rent per occupied square foot in Q3, fall in same-store NOI remains a concern for the company.

SITE Centers' (SITC) Q3 OFFO In Line, Revenues Miss Estimates

SITE Centers Corp. (SITC) CEO David Lukes on Q3 2020 Results - Earnings Call Transcript

News for SITE Centers Corp Stock (SITC)