SITE Centers (SITC) Stock Forecast, Price Target & Predictions
SITC Stock Forecast
SITE Centers stock forecast is as follows: an average price target of $13.46 (represents a -12.94% downside from SITC’s last price of $15.46) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.
SITC Price Target
The average price target for SITE Centers (SITC) is $13.46 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $19.00 to $9.60. This represents a potential -12.94% downside from SITC's last price of $15.46.
SITC Analyst Ratings
According to 6 Wall Street analysts, SITE Centers's rating consensus is 'Hold'. The analyst rating breakdown for SITC stock is 0 'Strong Buy' (0.00%), 2 'Buy' (33.33%), 4 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
SITE Centers Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 02, 2024 | Dori Kesten | Wells Fargo | $19.00 | $17.06 | 11.37% | 22.90% |
| Sep 25, 2024 | Todd Thomas | KeyBanc | $9.60 | $9.52 | 0.84% | -37.90% |
| Sep 19, 2024 | Simon Yarmak | Stifel Nicolaus | $10.44 | $9.38 | 11.30% | -32.47% |
| Aug 28, 2024 | Samir Khanal | Evercore ISI | $10.24 | $9.76 | 4.92% | -33.76% |
| Aug 28, 2024 | Dori Kesten | Wells Fargo | $10.88 | $9.76 | 11.48% | -29.62% |
| Jul 31, 2024 | Alexander Goldfarb | Piper Sandler | $18.00 | $16.01 | 12.43% | 16.43% |
| Jul 30, 2024 | Steve Sakwa | Evercore ISI | $16.00 | $16.01 | -0.06% | 3.49% |
| Apr 01, 2024 | Dori Kesten | Wells Fargo | $15.50 | $14.54 | 6.60% | 0.26% |
| Dec 02, 2022 | Ki Bin Kim | Truist Financial | $14.00 | $13.53 | 3.47% | -9.44% |
| Jul 15, 2022 | Morgan Stanley | $13.00 | $13.39 | -2.91% | -15.91% | |
| May 13, 2022 | Morgan Stanley | $15.00 | $14.88 | 0.84% | -2.98% | |
| Aug 30, 2021 | Ki Bin Kim | Truist Financial | $15.00 | $15.59 | -3.78% | -2.98% |
| Jul 30, 2021 | Todd Thomas | KeyBanc | $18.00 | $15.49 | 16.20% | 16.43% |
| Jul 15, 2021 | Jonathan Petersen | Jefferies | $15.00 | $14.86 | 0.94% | -2.98% |
The latest SITE Centers stock forecast, released on Oct 02, 2024 by Dori Kesten from Wells Fargo, set a price target of $19.00, which represents a 11.37% increase from the stock price at the time of the forecast ($17.06), and a 22.90% increase from SITC last price ($15.46).
SITE Centers Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 8 |
| Avg Price Target | - | $13.01 | $13.71 |
| Last Closing Price | $15.46 | $15.46 | $15.46 |
| Upside/Downside | -100.00% | -15.85% | -11.32% |
In the current month, the average price target of SITE Centers stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to SITE Centers's last price of $15.46. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 15, 2024 | Compass Point | Neutral | Neutral | Hold |
| Oct 07, 2024 | KeyBanc | Overweight | Sector Weight | Downgrade |
| Oct 02, 2024 | Wells Fargo | Overweight | Equal-Weight | Downgrade |
| Sep 25, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Aug 28, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Jul 31, 2024 | Compass Point | Neutral | Neutral | Hold |
| Jul 31, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Apr 01, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Sep 20, 2023 | Wells Fargo | Overweight | Upgrade | |
| Aug 16, 2022 | Mizuho Securities | Buy | Upgrade | |
| Jul 15, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| May 13, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
SITE Centers's last stock rating was published by Compass Point on Oct 15, 2024. The company gave SITC a "Neutral" rating, the same as its previous rate.
SITE Centers Financial Forecast
SITE Centers Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $143.09M | $136.38M | $136.83M | $136.43M |
| Avg Forecast | $52.50M | $56.10M | $52.50M | $51.50M | $82.44M | $83.33M | $81.33M | $81.61M | $80.70M | $104.55M | $113.23M | $112.18M | $128.55M | $135.26M | $136.16M | $134.42M | $136.01M |
| High Forecast | $73.31M | $78.34M | $73.31M | $71.91M | $115.12M | $116.36M | $113.57M | $138.73M | $138.93M | $104.76M | $113.23M | $112.18M | $135.89M | $137.60M | $190.13M | $187.70M | $189.92M |
| Low Forecast | $33.22M | $35.50M | $33.22M | $32.59M | $52.17M | $52.73M | $51.47M | $46.65M | $51.82M | $104.33M | $113.23M | $112.18M | $117.35M | $130.21M | $86.16M | $85.06M | $86.07M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 3 | 4 | 7 | 8 | 5 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.00% | 1.02% | 1.00% |
SITE Centers's average Quarter revenue forecast for Dec 23 based on 7 analysts is $128.55M, with a low forecast of $117.35M, and a high forecast of $135.89M. SITC's average Quarter revenue forecast represents a -10.16% decrease compared to the company's last Quarter revenue of $143.09M (Sep 23).
SITE Centers EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 3 | 4 | 7 | 8 | 5 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $91.80M | $87.92M | $85.50M | $84.16M |
| Avg Forecast | $35.68M | $38.12M | $35.68M | $35.00M | $56.03M | $56.63M | $55.27M | $55.46M | $54.84M | $71.04M | $76.95M | $76.23M | $87.36M | $91.91M | $92.53M | $91.35M | $74.77M |
| High Forecast | $49.82M | $53.23M | $49.82M | $48.87M | $78.23M | $79.07M | $77.18M | $94.27M | $94.41M | $71.19M | $76.95M | $76.24M | $92.35M | $93.51M | $129.20M | $127.55M | $89.72M |
| Low Forecast | $22.58M | $24.12M | $22.58M | $22.15M | $35.45M | $35.84M | $34.98M | $31.70M | $35.21M | $70.90M | $76.95M | $76.23M | $79.74M | $88.48M | $58.55M | $57.80M | $59.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.95% | 0.94% | 1.13% |
7 analysts predict SITC's average Quarter EBITDA for Dec 23 to be $87.36M, with a high of $92.35M and a low of $79.74M. This is -4.84% lower than SITE Centers's previous annual EBITDA (Sep 23) of $91.80M.
SITE Centers Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 3 | 4 | 7 | 8 | 5 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $48.64M | $-21.33M | $15.28M | $28.20M |
| Avg Forecast | $-12.61M | $-13.14M | $-13.66M | $-13.66M | $-10.45M | $-10.89M | $-11.21M | $-10.58M | $-11.31M | $-2.66M | $1.48M | $1.76M | $984.74K | $467.88K | $1.35M | $1.93M | $20.80M |
| High Forecast | $-6.59M | $-6.87M | $-7.14M | $-7.14M | $-5.46M | $-5.69M | $-5.86M | $-7.73M | $-7.07M | $-1.39M | $2.24M | $2.67M | $1.06M | $2.34M | $2.04M | $2.93M | $24.96M |
| Low Forecast | $-19.11M | $-19.91M | $-20.70M | $-20.70M | $-15.83M | $-16.51M | $-16.98M | $-13.43M | $-13.42M | $-4.03M | $771.36K | $919.77K | $946.86K | $-935.76K | $703.16K | $1.01M | $16.64M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 103.96% | -15.85% | 7.92% | 1.36% |
SITE Centers's average Quarter net income forecast for Dec 23 is $984.74K, with a range of $946.86K to $1.06M. SITC's average Quarter net income forecast represents a -97.98% decrease compared to the company's last Quarter net income of $48.64M (Sep 23).
SITE Centers SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 3 | 4 | 7 | 8 | 5 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $11.26M | $11.10M | $10.64M | $12.16M |
| Avg Forecast | $5.76M | $6.15M | $5.76M | $5.65M | $9.04M | $9.14M | $8.92M | $8.95M | $8.85M | $11.46M | $12.42M | $12.30M | $14.10M | $14.83M | $14.93M | $14.74M | $51.27M |
| High Forecast | $8.04M | $8.59M | $8.04M | $7.89M | $12.62M | $12.76M | $12.45M | $15.21M | $15.24M | $11.49M | $12.42M | $12.30M | $14.90M | $15.09M | $20.85M | $20.58M | $61.53M |
| Low Forecast | $3.64M | $3.89M | $3.64M | $3.57M | $5.72M | $5.78M | $5.64M | $5.12M | $5.68M | $11.44M | $12.42M | $12.30M | $12.87M | $14.28M | $9.45M | $9.33M | $41.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.76% | 0.74% | 0.72% | 0.24% |
SITE Centers's average Quarter SG&A projection for Dec 23 is $14.10M, based on 7 Wall Street analysts, with a range of $12.87M to $14.90M. The forecast indicates a 25.21% rise compared to SITC last annual SG&A of $11.26M (Sep 23).
SITE Centers EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 3 | 4 | 7 | 8 | 5 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.22 | $-0.10 | $0.07 | $0.12 |
| Avg Forecast | $-0.24 | $-0.25 | $-0.26 | $-0.26 | $-0.20 | $-0.21 | $-0.21 | $-0.20 | $-0.22 | $-0.05 | $0.03 | $0.03 | $0.02 | $0.01 | $0.03 | $0.04 | $0.03 |
| High Forecast | $-0.13 | $-0.13 | $-0.14 | $-0.14 | $-0.10 | $-0.11 | $-0.11 | $-0.15 | $-0.13 | $-0.03 | $0.04 | $0.05 | $0.02 | $0.04 | $0.04 | $0.06 | $0.04 |
| Low Forecast | $-0.36 | $-0.38 | $-0.39 | $-0.39 | $-0.30 | $-0.31 | $-0.32 | $-0.26 | $-0.26 | $-0.08 | $0.01 | $0.02 | $0.02 | $-0.02 | $0.01 | $0.02 | $0.02 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 24.71% | -3.91% | 1.98% | 4.15% |
According to 7 Wall Street analysts, SITE Centers's projected average Quarter EPS for Dec 23 is $0.02, with a low estimate of $0.02 and a high estimate of $0.02. This represents a -91.48% decrease compared to SITC previous annual EPS of $0.22 (Sep 23).
SITE Centers Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NTST | NETSTREIT | $14.93 | $25.50 | 70.80% | Buy |
| UE | Urban Edge Properties | $22.28 | $25.00 | 12.21% | Buy |
| KRG | Kite Realty Group Trust | $25.99 | $29.00 | 11.58% | Buy |
| BFS | Saul Centers | $40.17 | $43.50 | 8.29% | Buy |
| IVT | InvenTrust Properties | $30.85 | $33.00 | 6.97% | Buy |
| BRX | Brixmor Property Group | $28.65 | $29.50 | 2.97% | Buy |
| AKR | Acadia Realty Trust | $25.16 | $25.00 | -0.64% | Buy |
| ROIC | Retail Opportunity Investments | $17.45 | $15.83 | -9.28% | Hold |
| SITC | SITE Centers | $15.42 | $13.46 | -12.71% | Hold |