Site Centers

SITC · NYSE

$3.64+$0.08 (+2.25%)TodayMarket closed · Oct 20, 7:57 PM ET

Prev close $3.56

SITC analyst rating

HoldConsensus of 1 analyst over the last 12 months. 0% rate it a buy.

Strong buy0
Buy0
Hold1
Underperform0
Sell0

12-month price target · 3 analysts

Average $3.57 (−1.9% downside)

Low: $3.54
Now: $3.64
High: $3.67

Upgrades and downgrades

The latest rating actions, newest first

SITC analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Piper Sandler	Aug 4, 2026	Maintains	Neutral	$5.00 → $3.50	44%
Piper Sandler	Jul 21, 2026	Maintains	Neutral	$6.00 → $5.00	44%
Piper Sandler	Apr 22, 2026	Maintains	Neutral	$5.50 → $6.00	44%
Piper Sandler	Apr 1, 2026	Maintains	Neutral	$6.50 → $5.50	44%
Piper Sandler	Jan 5, 2026	Maintains	Overweight	$10.00 → $8.00	44%
Piper Sandler	Nov 10, 2025	Maintains	Overweight	$12.00 → $10.00	44%
Piper Sandler	Oct 22, 2025	Maintains	Overweight	$16.00 → $12.00	44%

The case for and against

Updated Mar 8, 2025

Bull case

SITE Centers Corp has made significant strides in enhancing its portfolio quality and strengthening its balance sheet through strategic asset sales prior to the anticipated CURB spin-off. The company is projected to transfer $800 million in cash to CURB, reflecting a $200 million increase from earlier estimates, indicating robust financial positioning. Furthermore, SITE Centers demonstrated impressive performance in the first half of 2024, with an 8.3% increase compared to 3.2% for the shopping center segment, suggesting a strong competitive edge in the market.

Bear case

SITE Centers Corp has displayed a substantial underperformance in share price, achieving only a 1.5% gain in QTD compared to the broader market's 16.0% and the shopping sector's 18.9%. This negative outlook is compounded by several risks, including the potential impact of overall economic weakness on retail fundamentals, challenges in executing asset sales at favorable prices, and difficulties in leasing space at attractive rents. Additionally, the company faces internal risks related to declining real estate fundamentals and balance sheet vulnerabilities, leading to downward revisions in its OFFO estimates for 2024 and 2025.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.