NYSE: SITC
SITE Centers Corp.
Real Estate · REIT - Retail
Market Cap
$250.31M
52w High
$13.10
52w Low
$4.68
P/E
1.42
Volume
1.79M
Outstanding Shares
52.47M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 61.44% over the last year. Revenue declined 52.76% over the trailing twelve months. Operating margin moved from 5.51% to -16.59%. Free cash flow declined 92.81% over the trailing twelve months.
What the market seems to be pricing
The market is reacting to weaker business momentum more than just compressing the valuation multiple. Even if the shares already screen cheap on P/FCF, investors are still discounting lower future earnings power.
What would invalidate this read
Operating margin stands at -16.59%. Revenue declined 52.76% — this read reverses if that trend stabilizes. Free cash flow fell 92.81% — a return toward positive territory would undermine the deterioration thesis. If margins and cash flow stabilize while the stock stays depressed, the gap shifts from fundamental damage toward pure multiple compression.
Company profile
SITE Centers specializes in the ownership and management of open-air retail complexes, curating an engaging shopping atmosphere and a desirable selection of stores for both its retail tenants and their customers.
Valuation
Stock splits
Every 4 shares became 1
Every 2 shares became 1
Every 6250 shares became 6501
Every 5000 shares became 5333
Every 1 shares became 2
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
6
Buy
23
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 5, 2026
Q3 FY26 · EPS est -$0.11 · Revenue est $10.3M
View
Dividends
$8.50/shareQuarterly4yr growth streakAt RiskSITC pays a dividend with a 178.2% dividend yield, 4 consecutive years of growth, growing at 45.31% annually, covered 0.1× by free cash flow.
Dividend Yield
178.2%
Annual Div / Share
$8.50
TTM $10.00
5yr CAGR
+45.31%
Doubles every ~1.9yr
FCF Coverage
0.1×
At Risk
Dividend Growth Rate
3yr CAGR
+117.66%
5yr CAGR
+45.31%
10yr CAGR
+25.99%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$148/mo
In 5 yrs
$262/mo
In 10 yrs
$461/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$1,782/yr $148/mo | $3,140/yr+76% $262/mo | $5,535/yr+211% $461/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 178.2% → 553.45% over 10yr
Analysis
Dividend Strengths
Strong dividend growth rate
The 5-year CAGR of 45.31% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
Dividend exceeds free cash flow
Free cash flow covers only 0.06× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.