2 weeks Ago By Defense World Staff
Equities research analysts at StockNews.com began coverage on shares of SITE Centers ( NYSE:SITC – Get Free Report ) in a research note issued on Sunday. The brokerage set a “hold” rating on the stock.
Several other brokerages have also recently issued reports on SITC. Stifel Nicolaus raised their target price on shares of SITE Centers from $65.00 to $65.
25 and gave the stock a “buy” rating in a report on Thursday, September 19th. Piper Sandler raised their price target on SITE Centers from $256.00 to $288.
00 and gave the stock an “overweight” rating in a research note on Wednesday, July 31st. Wells Fargo & Company upped their price objective on SITE Centers from $64.00 to $68.
00 and gave the company an “overweight” rating in a research report on Wednesday, August 28th. Truist Financial raised their target price on SITE Centers from $56.00 to $58.
00 and gave the stock a “hold” rating in a research report on Wednesday, August 28th. Finally, Evercore ISI raised shares of SITE Centers to a “hold” rating in a research report on Wednesday, July 31st. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.
According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $131.05. Get Our Latest Analysis on SITE Centers SITE Centers Stock Up 1.
2 % SITE Centers ( NYSE:SITC – Get Free Report ) last released its quarterly earnings data on Tuesday, July 30th. The company reported $17.76 EPS for the quarter, topping the consensus estimate of $3.
84 by $13.92. The company had revenue of $113.
48 million during the quarter, compared to the consensus estimate of $113.23 million. SITE Centers had a return on equity of 23.
05% and a net margin of 91.77%. SITE Centers’s revenue for the quarter was down 16.
5% on a year-over-year basis. During the same period last year, the company earned $4.64 EPS.
Equities analysts predict that SITE Centers will post 3.63 EPS for the current fiscal year. Hedge Funds Weigh In On SITE Centers Hedge funds have recently modified their holdings of the stock.
Chilton Capital Management LLC boosted its stake in SITE Centers by 384.0% during the first quarter. Chilton Capital Management LLC now owns 1,936 shares of the company’s stock valued at $28,000 after buying an additional 1,536 shares during the last quarter.
Allspring Global Investments Holdings LLC purchased a new position in shares of SITE Centers in the second quarter valued at $42,000. Quarry LP increased its position in SITE Centers by 503.9% in the second quarter.
Quarry LP now owns 3,424 shares of the company’s stock worth $50,000 after purchasing an additional 2,857 shares during the last quarter. O Shaughnessy Asset Management LLC purchased a new stake in SITE Centers during the first quarter valued at $147,000. Finally, Diversified Trust Co bought a new position in SITE Centers during the second quarter valued at $152,000.
Hedge funds and other institutional investors own 88.70% of the company’s stock. SITE Centers Company Profile ( Get Free Report ) SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income communities.
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. Featured Articles Five stocks we like better than SITE Centers Using the MarketBeat Dividend Yield Calculator CarMax’s Impressive Rally: What Investors Should Watch Next Using the MarketBeat Dividend Tax Calculator MarketBeat Week in Review – 9/23 – 9/27 What is a Special Dividend? Wake Up to This Biotech Stock That Still Has Big Potential Upside Receive News & Ratings for SITE Centers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SITE Centers and related companies with MarketBeat.com's FREE daily email newsletter .
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