Site Centers (SITC) Projected to Post Earnings on Thursday

Site Centers (NYSE:SITCGet Free Report) is expected to release its Q1 2026 results after the market closes on Thursday, May 7th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $10.20 million for the quarter. Parties can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 4:00 PM ET.

Site Centers (NYSE:SITCGet Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported $2.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.24) by $2.79. Site Centers had a return on equity of 43.13% and a net margin of 156.72%.The business had revenue of $17.51 million for the quarter, compared to analysts’ expectations of $22.39 million.

Site Centers Stock Up 1.7%

SITC traded up $0.10 during trading on Tuesday, reaching $5.58. 101,786 shares of the company’s stock were exchanged, compared to its average volume of 855,036. The company has a market capitalization of $292.46 million, a P/E ratio of 1.66 and a beta of 1.01. The business has a 50 day moving average price of $5.70 and a 200 day moving average price of $6.51. Site Centers has a fifty-two week low of $5.24 and a fifty-two week high of $13.10.

Analyst Ratings Changes

SITC has been the topic of a number of analyst reports. Piper Sandler upped their target price on shares of Site Centers from $5.50 to $6.00 and gave the company a “neutral” rating in a research note on Wednesday, April 22nd. Wall Street Zen raised Site Centers from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Site Centers in a research report on Friday, March 27th. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $8.00.

Read Our Latest Analysis on SITC

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Mercer Global Advisors Inc. ADV increased its stake in Site Centers by 65.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 29,619 shares of the company’s stock valued at $190,000 after purchasing an additional 11,680 shares in the last quarter. Rush Island Management LP raised its holdings in shares of Site Centers by 19.8% in the 4th quarter. Rush Island Management LP now owns 3,989,634 shares of the company’s stock valued at $25,613,000 after acquiring an additional 659,269 shares in the last quarter. Millennium Management LLC increased its position in shares of Site Centers by 2,101.6% in the fourth quarter. Millennium Management LLC now owns 1,257,419 shares of the company’s stock worth $8,073,000 after purchasing an additional 1,200,306 shares during the last quarter. Man Group plc grew its stake in Site Centers by 3.8% in the 4th quarter. Man Group plc now owns 688,943 shares of the company’s stock worth $4,423,000 after buying an additional 24,915 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its stake in shares of Site Centers by 13.8% in the 4th quarter. Janus Henderson Group PLC now owns 392,649 shares of the company’s stock valued at $2,523,000 after purchasing an additional 47,727 shares in the last quarter. 88.70% of the stock is owned by institutional investors and hedge funds.

About Site Centers

(Get Free Report)

Site Centers (NYSE:SITC) is a publicly traded real estate investment trust (REIT) focused on the ownership, management and development of grocery-anchored shopping centers. The company’s portfolio comprises open-air retail properties that primarily serve daily needs tenants and national retailers. By concentrating on neighborhood and community shopping centers, Site Centers aims to provide stable occupancy levels and resilient income streams driven by essential services such as supermarkets, pharmacies and convenient dining options.

Originally known as DDR Corp., the company rebranded as Site Centers in 2021 to emphasize its strategic focus on high-quality retail assets and long-term value creation.

See Also

Earnings History for Site Centers (NYSE:SITC)

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