SITE Centers Corp. Stock News

The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior growth prospects, driven by record-high occupancy rates and strong rental rate spreads. This article examines liquidity, FFO growth, TCFO growth, dividend growth, market cap, share price growth, and v...

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC) (the “Company” or “SITE Centers”) today announced that, in connection with the Company's previously announced plan to spin-off its portfolio of convenience assets into a separate publicly traded company, on September 3, 2024, Curbline Properties Corp. (“Curbline”) publicly filed a Registration Statement on Form 10 (the “Form 10”)...

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today provided an update on third quarter 2024 to date transaction and financing activity. In the third quarter to date, SITE Centers has sold 11 wholly owned properties for an aggregate gross price of $552.7 million and acquired four convenien...

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SITE Centers Corp. (NYSE:SITC ) Q2 2024 Earnings Conference Call July 30, 2024 8:00 AM ET Company Participants Stephanie Ruys de Perez – Vice President-Capital Markets David Lukes – Chief Executive Officer Conor Fennerty – Chief Financial Officer Conference Call Participants Dori Kesten – Wells Fargo Craig Mailman – Citi Todd Thomas – KeyBanc Capital Markets Samir Khanal – Evercore ISI Floris v...

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, 2024. “The planned spin-off of Curbline Properties remains on track with further progress in the second quarter across all fronts highlighted by nearly $1 billion of quarterly tra...

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, 2024 will be released prior to the market open on July 30, 2024. The Company will host its quarterly earnings conference call and audio webcast on July 30, 20...

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC) (the “Company”) today announced that its Board of Directors has unanimously approved a one-for-four reverse stock split of the Company's common shares. The reverse stock split was authorized by the Company's shareholders at the annual meeting of shareholders held on May 8, 2024. As a result of the reverse stock split, every four ...