SITE Centers (SITC) Stock Forecast, Price Target & Predictions


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SITC Stock Forecast


SITE Centers (SITC) stock forecast, based on 6 Wall Street analysts, predicts a 12-month average price target of $13.46, with a high of $19.00 and a low of $9.60. This represents a -9.05% decline from the last price of $14.80.

$5 $17 $29 $41 $53 $65 High: $19 Avg: $13.46 Low: $9.6 Last Closed Price: $14.8

SITC Stock Rating


SITE Centers stock's rating consensus is Hold, based on 6 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (33.33%), 4 Hold (66.67%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 6 0 4 2 Strong Sell Sell Hold Buy Strong Buy

SITC Forecast vs Benchmarks


TypeNameUpside
StockSITE Centers-9.05%
SectorReal Estate Stocks 14.90%
IndustryRetail REIT Stocks 9.83%

Price Target Trends


1M3M12M
# Anlaysts--8
Avg Price Target--$13.71
Last Closing Price$14.80$14.80$14.80
Upside/Downside---7.36%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 251-8--9
Dec, 241-8--9
Nov, 24139--13
Oct, 24139--13
Sep, 24139--13
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 02, 2024Dori KestenWells Fargo$19.00$17.0611.37%28.38%
Sep 25, 2024Todd ThomasKeyBanc$9.60$9.520.84%-35.14%
Sep 19, 2024Simon YarmakStifel Nicolaus$10.44$9.3811.30%-29.46%
Aug 28, 2024Samir KhanalEvercore ISI$10.24$9.764.92%-30.81%
Aug 28, 2024Dori KestenWells Fargo$10.88$9.7611.48%-26.49%
Jul 31, 2024Alexander GoldfarbPiper Sandler$18.00$16.0112.43%21.62%
Jul 30, 2024Steve SakwaEvercore ISI$16.00$16.01-0.06%8.11%
Apr 01, 2024Dori KestenWells Fargo$15.50$14.546.60%4.73%
Dec 02, 2022Ki Bin KimTruist Financial$14.00$13.533.47%-5.41%
Jul 15, 2022Morgan Stanley$13.00$13.39-2.91%-12.16%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Oct 15, 2024Compass PointNeutralNeutralhold
Oct 07, 2024KeyBancOverweightSector Weightdowngrade
Oct 02, 2024Wells FargoOverweightEqual-Weightdowngrade
Sep 25, 2024KeyBancOverweightOverweighthold
Aug 28, 2024Wells FargoOverweightOverweighthold
Jul 31, 2024Compass PointNeutralNeutralhold
Jul 31, 2024Piper SandlerOverweightOverweighthold
Apr 01, 2024Wells FargoOverweightOverweighthold
Sep 20, 2023Wells FargoOverweightupgrade
Aug 16, 2022Mizuho SecuritiesBuyupgrade

Financial Forecast


EPS Forecast

$-5 $-1 $3 $7 $11 $15 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$0.87------
Avg Forecast$0.49$0.25$9.67$-1.65$-1.38$0.12$0.05
High Forecast$0.33$0.25$5.81$-2.05$-1.93$0.07$0.03
Low Forecast$0.69$0.26$13.52$-1.25$-0.83$0.16$0.07
Surprise %77.55%------

Revenue Forecast

$100M $230M $360M $490M $620M $750M Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$540.81M------
Avg Forecast$542.18M$542.24M$363.00M$147.18M$178.30M$342.00M$417.00M
High Forecast$402.37M$531.70M$357.49M$123.75M$123.65M$237.19M$289.20M
Low Forecast$716.17M$548.66M$368.50M$170.60M$232.93M$446.81M$544.79M
Surprise %-0.25%------

Net Income Forecast

$-150M $30M $210M $390M $570M $750M Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$168.72M------
Avg Forecast$77.30M$13.18M$506.49M$-86.29M$-47.27M$6.13M$2.66M
High Forecast$61.84M$12.95M$304.70M$-107.28M$-101.13M$3.69M$1.60M
Low Forecast$92.76M$13.41M$708.28M$-65.30M$-43.51M$8.58M$3.72M
Surprise %118.25%------

SITC Forecast FAQ


Is SITE Centers stock a buy?

SITE Centers stock has a consensus rating of Hold, based on 6 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 4 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that SITE Centers is a neutral investment for most analysts.

What is SITE Centers's price target?

SITE Centers's price target, set by 6 Wall Street analysts, averages $13.46 over the next 12 months. The price target range spans from $9.6 at the low end to $19 at the high end, suggesting a potential -9.05% change from the previous close price of $14.8.

How does SITE Centers stock forecast compare to the average forecast of its sector, industry, and investment themes?

SITE Centers stock forecast shows a -9.05% downside, underperforming the average forecast for the real estate stocks sector (14.90%) and underperforming the retail reit stocks industry (9.83%).

What is the breakdown of analyst ratings for SITE Centers over the past three months?

  • January 2025: 11.11% Strong Buy, 0% Buy, 88.89% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 11.11% Strong Buy, 0% Buy, 88.89% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 7.69% Strong Buy, 23.08% Buy, 69.23% Hold, 0% Sell, 0% Strong Sell.

What is SITE Centers’s EPS forecast?

SITE Centers's average annual EPS forecast for its fiscal year ending in December is 0.25 for 2023, a -71.26% decrease from the reported $0.87 in 2022. The prediction for 2024 is $9.67, $-1.65 for 2025, $-1.38 for 2026, $0.12 for 2027, and $0.05 for 2028.

What is SITE Centers’s revenue forecast?

SITE Centers's average annual revenue forecast for its fiscal year ending in December is $542.24M for 2023, a 0.27% increase from the reported $540.81M in 2022. The forecast for 2024 is $363M, $147.18M for 2025, $178.3M for 2026, $342M for 2027, and $417M for 2028.

What is SITE Centers’s net income forecast?

For its fiscal year ending in December, SITE Centers's average annual net income forecast is $13.18M for 2023, reflecting a -92.19% decrease from the reported $168.72M in 2022. The projection for 2024 is $506.49M, $-86.294M for 2025, $-47.269M for 2026, $6.13M for 2027, and $2.66M for 2028.