Added to YB: 2025-07-29
Pitch date: 2025-07-28
SITC [neutral]
SITE Centers Corp.
+10.87%
current return
Author Info
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Company Info
SITE Centers is an owner and manager of open-air shopping centers. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC.
Market Cap
$338.9M
Pitch Price
$5.98
Price Target
16.50 (+149%)
Dividend
N/A
EV/EBITDA
7.55
P/E
11.88
EV/Sales
3.28
Sector
Retail REITs
Category
special_situation
Liquidations Watchlist - SITE Centers Corp.
SITC (liquidation overview): REIT with 30 suburban shopping centers post-$2.4B spin-off. Unofficial liquidation underway with 3 properties sold & $1.50 capital return. Management confirmed more asset sales coming. NAV $14-16.50. Box centers benefitting from low supply. Risks: market conditions, rates, capex. 2.5yr timeframe.
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