Site Centers (NYSE:SITC) Posts Earnings Results, Beats Estimates By $0.08 EPS

Posted by Brian Himes on Aug 5th, 2026

Site Centers (NYSE:SITC – Get Free Report) posted its earnings results on Monday. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.08, Zacks reports. Site Centers had a net margin of 219.18% and a return on equity of 39.19%. The firm had revenue of $6.85 million during the quarter, compared to analysts’ expectations of $8.20 million.

Site Centers Stock Performance

Shares of Site Centers stock traded up $0.11 on Wednesday, hitting $3.28. The stock had a trading volume of 469,326 shares, compared to its average volume of 853,725. The stock has a 50 day moving average of $4.54 and a 200 day moving average of $5.38. The firm has a market capitalization of $172.10 million, a P/E ratio of 0.99 and a beta of 0.99. Site Centers has a twelve month low of $2.89 and a twelve month high of $12.39.

Site Centers Dividend Announcement

The company also recently disclosed a special dividend, which was paid on Friday, July 31st. Stockholders of record on Friday, July 17th were paid a $1.00 dividend.

Institutional Investors Weigh In On Site Centers

A number of institutional investors have recently added to or reduced their stakes in SITC. Daiwa Securities Group Inc. increased its position in Site Centers by 7.0% in the 2nd quarter. Daiwa Securities Group Inc. now owns 16,778 shares of the company’s stock valued at $190,000 after acquiring an additional 1,092 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Site Centers by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,217 shares of the company’s stock worth $362,000 after purchasing an additional 1,185 shares during the period. State of Tennessee Department of Treasury grew its stake in shares of Site Centers by 6.7% in the second quarter. State of Tennessee Department of Treasury now owns 20,253 shares of the company’s stock worth $229,000 after purchasing an additional 1,274 shares during the last quarter. Creative Planning grew its stake in shares of Site Centers by 8.8% in the second quarter. Creative Planning now owns 18,472 shares of the company’s stock worth $209,000 after purchasing an additional 1,495 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in Site Centers by 10.5% in the third quarter. First Trust Advisors LP now owns 18,275 shares of the company’s stock valued at $165,000 after purchasing an additional 1,739 shares during the period. 88.70% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Site Centers in a research report on Wednesday, June 24th. Piper Sandler cut their target price on shares of Site Centers from $5.00 to $3.50 and set a “neutral” rating on the stock in a research report on Tuesday. Wall Street Zen cut shares of Site Centers from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, Zacks Research upgraded shares of Site Centers to a “hold” rating in a report on Wednesday, July 22nd. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Site Centers has a consensus rating of “Reduce” and an average target price of $6.75.

Read Our Latest Stock Analysis on SITC

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.