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 Q3 2023

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Healthy leasing activity at its shopping centers amid solid retailer demand, focus on essential retail business and capital-recycling moves are likely to continue driving SITE Centers' (SITC) stock.

SITE Centers (SITC) Up 13.7% in 6 Months: Will the Trend Last?

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today declared a dividend on its common stock of $0.13 per share for the third quarter of 2023. The dividend is payable on October 12, 2023 to shareholders of record at the close of business on September 26, 2023. About SITE Centers Corp. SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household incom.

SITE Centers Declares Common Stock Dividend of $0.13 for Third Quarter 2023

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its third quarter 2023 Preferred Class A stock dividend of $0.39844 per depositary share. Each Class A depositary share is equal to one-twentieth of a share of SITE Centers' 6.375% Class A Cumulative Redeemable Preferred Stock. The declared Preferred Class A dividend covers the period beginning July 15, 2023 and ending October 14.

SITE Centers Declares Third Quarter 2023 Class A Preferred Share Dividend

SITE Centers' (SITC) second-quarter results beat estimates. The performance is aided by growth in annualized base rent and healthy leasing activity.

SITE Centers (SITC) Stock Declines 3.7% Despite Q2 FFO Beat

SITE Centers Corp. (NYSE:SITC ) Q2 2023 Earnings Conference Call July 25, 2023 8:00 AM ET Company Participants Stephanie Ruys de Perez - Vice President of Capital Markets David Lukes - Chief Executive Officer Conor Fennerty - Chief Financial Officer Conference Call Participants Dori Kesten - Wells Fargo Todd Thomas - KeyBanc Capital Markets Craig Mailman - Citi Ravi Vaidya - Mizuho Securities Samir Khanal - Evercore ISI Alexander Goldfarb - Piper Sandler Floris Van Dijkum - Compass Point Ki Bin Kim - Truist Linda Tsai - Jeffries Mike Mueller - JPMorgan Ronald Kamdem - Morgan Stanley Paulina Rojas Schmidt - Green Street Operator Good morning, and welcome to the SITE Centers' Second Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode.

SITE Centers Corp. (SITC) Q2 2023 Earnings Call Transcript

The headline numbers for SITE CENTERS CORP. (SITC) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

SITE CENTERS CORP. (SITC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

SITE CENTERS CORP. (SITC) came out with quarterly funds from operations (FFO) of $0.29 per share, beating the Zacks Consensus Estimate of $0.28 per share.

SITE CENTERS CORP. (SITC) Tops Q2 FFO and Revenue Estimates

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter ended June 30, 2023. “Second quarter results were ahead of expectations and demand for space across unit sizes in our high-quality portfolio remains elevated,” commented David R. Lukes, President and Chief Executive Officer. “We are encouraged by the depth and breadth of activity on recently rec.

SITE Centers Reports Second Quarter 2023 Results

SITE Centers is dealing with the fallout of three tenants entering bankruptcy procedures. There could be a silver lining as, for instance, market rents are much higher than the current rental income from Bed Bath & Beyond. Even if the REIT's average cost of debt increases by 200 bp overnight, the preferred shares would still be very safe.

SITE Centers: The 6.85% Yielding Preferred Shares Are Intriguing

A well-located portfolio, focus on essential retail business and capital-recycling efforts are likely to support SITE Centers (SITC). Higher e-commerce adoption and high interest rates are worrisome.

Why Investors Should Retain SITE Centers (SITC) Stock for Now

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that financial and operational results for the quarter ended June 30, 2023 will be released prior to the market open on July 25, 2023. The Company will host its quarterly earnings conference call and audio webcast on July 25, 2023, at 8:00 a.m. Eastern Time. All interested parties can access the earnings call by dialing 888-317-.

SITE Centers' Second Quarter 2023 Earnings Conference Call to be Held on Tuesday, July 25, 2023, at 8:00 a.m. Eastern Time

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE:SITC), an owner of open-air shopping centers in suburban, high household income communities, announced today the release of its 2022 Corporate Sustainability Report (CSR) which is the Company's ninth sustainability report and seventh completed in accordance with the Global Reporting Initiative (GRI) Standards. The report provides an annual update on SITE Centers' corporate responsibility & sustainability programs and was completed i.

SITE Centers Issues 2022 Corporate Sustainability Report

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its second quarter 2023 Preferred Class A stock dividend of $0.39844 per depositary share. Each Class A depositary share is equal to one-twentieth of a share of SITE Centers' 6.375% Class A Cumulative Redeemable Preferred Stock. The declared Preferred Class A dividend covers the period beginning April 15, 2023 and ending July 14,.

SITE Centers Declares Second Quarter 2023 Class A Preferred Share Dividend

SITE Centers (SITC) introduces a restructuring plan to reduce costs by around $5.3 million to optimize operations. It expects to reap benefits from the same beginning second-quarter 2024.

SITE Centers (SITC) to Optimize Operations With Restructuring

Healthy demand, focus on essential retail business and capital-recycling efforts are likely to aid SITE Centers (SITC). However, e-commerce adoption and a high interest environment raise concerns.

Here's Why You Should Retain SITE Centers (SITC) Stock Now

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today declared a dividend on its common stock of $0.13 per share for the second quarter of 2023. The dividend is payable on July 6, 2023 to shareholders of record at the close of business on June 14, 2023. About SITE Centers Corp. SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income commun.

SITE Centers Declares Common Stock Dividend of $0.13 for Second Quarter 2023

SITE Centers' suburban-focused portfolio reached an all-time high leased rate during the first fiscal quarter of 2023. The company's tenant base includes a diversified pool of national and local retailers.

SITE Centers: Space Recapture From Weaker Tenants Is An Attractive Growth Opportunity (Rating Upgrade)

SITE Centers (SITC) reports better-than-anticipated Q1 results on the back of healthy leasing activity and year-over-year growth in base rent per square foot. It raises its outlook for 2023.

SITE Centers (SITC) Stock Up on Q1 OFFO & Revenue Beat

SITE Centers Corp. (SITC) Q1 2023 Earnings Call Transcript.

SITE Centers Corp. (SITC) Q1 2023 Earnings Call Transcript

The headline numbers for SITE CENTERS CORP. (SITC) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

SITE CENTERS CORP. (SITC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

SITE CENTERS CORP. (SITC) came out with quarterly funds from operations (FFO) of $0.30 per share, beating the Zacks Consensus Estimate of $0.28 per share.

SITE CENTERS CORP. (SITC) Q1 FFO and Revenues Surpass Estimates

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter ended March 31, 2023. “SITE Centers had a very strong start to the year highlighted by elevated leasing activity despite less available space, a sequential increase in the Signed Not Opened (SNO) pipeline and continued progress on the Company's tactical redevelopment pipeline,” commented David R.

SITE Centers Reports First Quarter 2023 Results

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Media pundits frequently and sloppily equate office buildings with "commercial real estate," but the two are not equal. There's a lot more to CRE than half-empty downtown office towers. I am staying far, far away from office REITs, even if they seem like deep values right now.

Blue-Chip Real Estate Is A Bargain - Top Picks Across 5 Sectors

Attention All Shoppers: 3 Intriguing Bargains In Shopping Center REITs

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, announced today that financial and operational results for the quarter ended March 31, 2023 will be released prior to the market open on April 25, 2023. The Company will host its quarterly earnings conference call and audio webcast on April 25, 2023, at 8:00 a.m. Eastern Time.

News for SITE Centers Corp Stock (SITC)