Searching For Real Value In Market Debris At SITE Centers Corp (NYSE: SITC)

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

As a NYSE listed company, SITC falls under the Real Estate sector while operating within the REIT – Retail industry segment. The current market capitalization of SITE Centers Corp is $3.23B. A total of 1.6 million shares were traded on the day, compared to an average of 1.71M shares.

In the most recent transaction, Otto Alexander sold 424,355 shares of SITC for 15.61 per share on Jul 31 ’24. After the transaction, the Director now owns 16,158,628 company shares. In a previous transaction on Aug 01 ’24, Otto Alexander sold 293,874 shares at 15.44 per share. SITC shares that Director owns now total 15,864,754.

Among the insiders who sold shares, Otto Alexander disposed of 357,568 shares on Jun 28 ’24 at a per-share price of $14.39. This resulted in the Director holding 16,582,983 shares of SITC after the transaction. In another insider transaction, Otto Alexander sold 327,735 shares at $14.25 per share on Jun 27 ’24. Company shares held by the Director now total 16,940,551.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. SITE Centers Corp pays an annual dividend of $0.52, resulting in a dividend yield of 3.37%, and it has a price to earnings (P/E) ratio of 7.24. SITC’s most recent ex-dividend date was 6/18/2024 when it declared a $0.13 quarterly dividend that was paid in cash on 7/9/2024. Previously, the company paid the dividend on 4/5/2024 with an ex-dividend date of 3/13/2024. The SITC stock dividend was $0.13 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, SITC has a high of $16.11 and a low of $10.75.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. SITC’s latest balance sheet shows that the firm has $41.81M in Cash & Short Term Investments as of fiscal 2021. There were $1.68B in debt and $247.02M in liabilities at the time. Its Book Value Per Share was $10.32, while its Total Shareholder’s Equity was $2.04B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SITC is Buy with a score of 3.67.

Most Popular

Related Posts