SITE Centers Corp.

SITC

$2.87

-2.05%

2026-09-03 16:00:03 EDT-$0.06

Real Estate

REIT - Retail

NYSE

Active Trading

SITE Centers specializes in the ownership and management of open-air retail complexes, curating an engaging shopping atmosphere and a desirable selection of ...

Price Action of SITC

$2.87

-2.05%-$0.06

High—

Low—

52W High-48.4%

Rel. vol—

Interval

Range5.3h

Volume—SMA5SMA10

—

SITE Centers Corp. (NYSE: SITC) is a fully integrated real estate investment trust (REIT) that focuses on owning, developing, and managing open-air retail shopping centers. Established in 1965 by Bert Wolstein, the company was originally named Developers Diversified Realty and rebranded as SITE Centers in 2018 to reflect its strategic ...SITE Centers Corp. (NYSE: SITC) is a fully integrated real estate investment trust (REIT) that focuses on owning, developing, and managing open-air retail shopping centers. Established in 1965 by Bert Wolstein, the company was originally named Developers Diversified Realty and rebranded as SITE Centers in 2018 to reflect its strategic focus on curated, convenience-oriented retail destinations. Headquartered in Beachwood, Ohio, the company operates as a self-administered and self-managed REIT, meaning it handles all aspects of property management, leasing, and development internally. Business Overview: SITE Centers owns a portfolio of high-quality open-air properties located in affluent suburban communities with strong demographics. The company's strategy emphasizes convenience and essential retail services, catering to the daily needs of consumers. By curating a mix of national and local tenants, the company aims to create a shopping environment that attracts foot traffic and drives sustainable revenue growth. Products and Services: The company generates revenue primarily through leasing retail space to tenants. It offers a range of services including property management, leasing, development, and redevelopment. The portfolio includes shopping centers with anchors such as grocery stores, pharmacies, and discount retailers, along with smaller specialty shops and restaurants. Financial Performance: As per the latest data, SITE Centers has a market capitalization of approximately $165 million, with a stock price of $3.15. The company has a high dividend yield of about 1.98% and recently paid a dividend of $6.25 per share. However, key financial metrics indicate challenges: the company has negative free cash flow and operating cash flow, and its EBITDA margin is relatively high at 266.6%, but its net profit margin is 180.5% due to significant non-operating gains. The company has a low debt-to-equity ratio, indicating a conservative capital structure. Key People: The current President and CEO is David R. Lukes, who has served on the board since 2017. The company was founded by Bert Wolstein, who played a pivotal role in its early growth. Employee Structure: SITE Centers employs approximately 155 full-time employees, with about 150 at its headquarters and the rest in regional offices across the U.S. The company values a collaborative and inclusive culture, as emphasized on its website. Future Outlook: The company aims to produce compelling, sustainable results through active management and strategic portfolio optimization. It continues to focus on high-quality, convenience-oriented retail assets that are resilient to e-commerce trends.ExpandCollapse

Founded

1965

Employees

155

CEO

David R. Lukes

Full Name

SITE Centers Corp.

Sector

Real Estate

Industry

REIT - Retail

ROE

40.56%

Market Cap

$0.15B

Current Ratio

3.06

WACC

13.17%

ROIC

92.35%

Contact Information

https://www.sitecenters.com

216-755-5500

3300 Enterprise Parkway, Beachwood, OH 44122

Key Metrics of SITC

Snapshot

Latest / TTM · 6 periods

Market Cap

$150.60M

ROCE

-8.1%

EV / EBITDA

-0.47x

-7.7% YoY

FCF Yield

-14.5%

-20.3% YoY

Cash Conversion Cycle

-40.6d

Current Ratio

3.06

Quick take

TTM —

No major risk flags in selected headline metrics.

Financial Highlights of SITC

Profitability trend

Latest / TTM · 6 periods

Gross Margin

-90.3%

Net Margin

180.5%

P/E Ratio

1.17x

n/a

Debt / Equity

0.00

n/a

Current Ratio

3.06

Dividend Yield

217.8%

Understanding

TTM —

Interest coverage is weak

Calendar of SITC

Upcoming

Sep 30, 2026In 26 days
Q3 FY2026 · Estimated results
Est. EPS $-0.10 · Revenue $5.70M · 1 analysts
Dec 30, 2026
Q4 FY2026 · Estimated results
Est. EPS $-0.11 · Revenue $5.50M · 1 analysts
Dec 31, 2026
FY2026 · Estimated annual results
Est. EPS $-0.43 · Revenue $27.50M · 1 analysts
Mar 30, 2027
Q1 FY2027 · Estimated results
Est. EPS $0.00 · Revenue $5.40M

Recent history

Aug 3, 2026
Ex-dividend date
$0.00 per share
Aug 3, 2026
Q2 FY2026 · Results reported
EPS $-0.02 · Revenue $10.81M
View filing
Jul 31, 2026
Dividend payment
$0.00 per share
May 7, 2026
Q1 FY2026 · Results reported
EPS $0.02 · Revenue $12.98M
View filing
Feb 26, 2026
FY2025 · Annual results
EPS $3.39 · Revenue $123.17M
View filing
Nov 5, 2025
Q3 FY2025 · Results reported
EPS $-0.13 · Revenue $27.10M
View filing

Financial Statements of SITC

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$123.2M	-55.6%	-16.7%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$177.9M	-66.6%	-239.0%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	-5.7%	-108.7%	-16.0%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	-1.3%	-110.5%	-51.8%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	+144.4%	-24.7%	-266.9%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$19.6M	-65.0%	-57.5%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	+15.9%	-21.2%	-89.0%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	22.2%	-62.0%	—
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	36.38x	+4051.7%	-5.9%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$418.7M	-55.1%	-9.1%

Actual vs Estimate

A Dec 31Q Jun 30

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	3.39 vs -0.60	+665.0%	-0.02 vs -0.11	+77.4%
Revenue Surprise	$123.2M vs $118.7M	+3.8%	$10.8M vs $8.2M	+31.9%

Insider Transactions of SITC

Acquisitions (A)

Since Dec 17, 2024

Disposals (D)

Since Dec 17, 2024

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
Feb 28, 2026	Kitlowski Aaron	officer: EVP & General Counsel	Common Shares	D	3,916	$6.16
Feb 22, 2026	Scott Jeffrey Alexander	officer: SVP & Chief Accounting Officer	Common Shares	D	141	$6.65
Feb 22, 2026	Kitlowski Aaron	officer: EVP & General Counsel	Common Shares	D	1,284	$6.65
Jul 15, 2025	Scott Jeffrey Alexander	officer: SVP & Chief Accounting Officer	Common Shares	A	450	$11.43
Apr 1, 2025	Sweeney Dawn M.	director	Common Shares	A	46,373	—

Leadership Team of SITC

5 executives

Name	Title	Compensation	Gender	Year Born	Status
David R. Lukes	President, Chief Executive Officer & Director	USD 2,407,237	Male	1970	Active
Aaron Kitlowski	Executive Vice President, General Counsel & Corporate Secretary	USD 1,160,250	Male	1973	Active
John Cattonar	Executive Vice President, Chief Investment Officer & Director	USD 949,516	Male	1982	Active
Gerald R. Morgan Jr.	Executive Vice President, Chief Financial Officer & Treasurer	USD 812,000	Male	1963	Active
Jeff Scott	Senior Vice President & Chief Accounting Officer	—	Male	—	Active

Recent News of SITC

Business Wire8/3/2026Neutral

SITE Centers Reports Second Quarter 2026 Results

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Reports Second Quarter 2026 Results.

Business Wire7/27/2026Neutral

SITE Centers Announces Sale of Meadowmont Market

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Announces Sale of Meadowmont Market.

Defense World7/22/2026Neutral

Bessemer Group Inc. Raises Stock Position in Site Centers Corp. $SITC

Bessemer Group Inc. increased its position in shares of Site Centers Corp. (NYSE: SITC) by 315,970.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 635,301 shares of the company's stock after acquiring an additional 635,100 shares during the period. Bessemer Group Inc.

Business Wire6/30/2026Neutral

SITE Centers Announces Sale of The Pike Outlets and Special Common Distribution

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Announces Sale of The Pike Outlets and Special Common Distribution.

Historical Employee Count of SITC

Current

155

Change

-9.88%

Minimum

155

Maximum

293

Recent Filings

Report Date	Employees	Form Type	Filing Date	SEC Filing
Dec 31, 2025	155	10-K	Feb 26, 2026	View
Dec 31, 2024	172	10-K	Feb 28, 2025	View
Dec 31, 2023	220	10-K	Feb 23, 2024	View
Dec 31, 2022	267	10-K	Feb 23, 2023	View
Dec 31, 2021	293	10-K	Feb 24, 2022	View

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SITE Centers Corp.