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Site Centers Corp

Real Estate US SITC

15.285USD
0.01(0.10%)

Last update at 2024-12-19T18:55:00Z

Day Range

15.2315.47
LowHigh

52 Week Range

10.6514.54
LowHigh

Fundamentals

  • Previous Close 15.27
  • Market Cap2884.25M
  • Volume745546
  • P/E Ratio34.42
  • Dividend Yield3.78%
  • EBITDA347.33M
  • Revenue TTM565.16M
  • Revenue Per Share TTM2.69
  • Gross Profit TTM 404.63M
  • Diluted EPS TTM0.40

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 169.61M 126.97M 37.72M 102.48M -108.43900M
Minority interest -0.07300M -0.48100M 0.87M 1.13M 1.67M
Net income 168.72M 124.94M 35.72M 100.70M -109.30100M
Selling general administrative 46.56M 55.05M 52.88M 58.38M 61.64M
Selling and marketing expenses - - - - -
Gross profit 370.82M 339.56M 278.36M 308.09M 446.87M
Reconciled depreciation 203.55M 185.77M 170.67M 165.09M 242.10M
Ebit 157.61M 186.55M 92.39M 157.95M 96.12M
Ebitda 361.16M 372.32M 263.06M 323.04M 338.23M
Depreciation and amortization 203.55M 185.77M 170.67M 165.09M 242.10M
Non operating income net other 117.58M 71.36M 41.54M 61.27M 144.31M
Operating income 157.61M 186.55M 92.39M 157.95M 96.12M
Other operating expenses 420.09M 393.61M 361.95M 363.13M 511.73M
Interest expense 77.69M 77.03M 77.60M 84.72M 141.31M
Tax provision 0.82M 1.55M 1.13M 0.66M 0.86M
Interest income 0.00000M 0.00000M 11.89M 18.01M 20.44M
Net interest income -77.69200M -77.02600M -65.71600M -66.71200M -120.86800M
Extraordinary items - - - - 225.41M
Non recurring 2.54M 7.27M 5.20M 3.37M 69.32M
Other items - - - - -
Income tax expense 0.82M 1.55M 1.13M 0.66M 0.86M
Total revenue 540.81M 492.34M 416.76M 447.75M 654.86M
Total operating expenses 250.11M 240.82M 223.55M 223.47M 303.74M
Cost of revenue 169.98M 152.79M 138.40M 139.66M 207.99M
Total other income expense net 12.00M -59.58800M -54.67100M -55.46900M -204.56200M
Discontinued operations - - - - -
Net income from continuing ops 168.79M 125.42M 36.59M 101.83M 116.11M
Net income applicable to common shares 157.56M 106.12M 15.19M 61.29M 80.90M
Preferred stock and other adjustments 11.16M 18.81M 20.53M 39.41M 33.53M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 4045.02M 3967.05M 4108.28M 4093.62M 4206.33M
Intangible assets 87.75M 113.11M 111.02M 79.81M 77.42M
Earning assets - - - - -
Other current assets 10.87M 12.96M 15.86M 13.24M 12.32M
Total liab 1952.39M 1924.40M 2163.46M 2112.14M 2133.33M
Total stockholder equity 2086.83M 2036.86M 1941.51M 1978.41M 2070.07M
Deferred long term liab 7.53M 4.15M 6.14M 8.13M 5.77M
Other current liab -184.59600M -190.53600M -335.26500M -181.77500M -258.40000M
Common stock 21.44M 21.13M 19.40M 19.38M 18.47M
Capital stock 196.44M 196.13M 344.40M 344.38M 543.47M
Retained earnings -4046.37000M -4092.78300M -4099.53400M -4066.09900M -3980.15100M
Other liab 59.83M 218.78M 57.35M 46.96M 50.33M
Good will 18.20M - - - -
Other assets -39.53300M 5647.47M 3419.07M 19.09M 9.38M
Cash 20.25M 41.81M 69.74M 16.08M 11.09M
Cash and equivalents - - - - -
Total current liabilities 30.39M 28.24M 14.84M 44.04M 45.26M
Current deferred revenue - - - - -
Net debt 1686.77M 1635.57M 1863.77M 1831.22M 1973.32M
Short term debt - 1456.89M 135.00M 5.00M 100.00M
Short long term debt - - 135.00M 5.00M 100.00M
Short long term debt total 1707.02M 1677.38M 1933.51M 1847.30M 1984.40M
Other stockholder equity 5927.72M 5933.51M 5699.32M 5700.62M 5508.14M
Property plant equipment 3780.26M 3667.31M 3562.33M 3420.66M 3455.51M
Total current assets 85.14M 104.63M 147.93M 199.86M 290.55M
Long term investments 44.61M 64.63M 267.33M 484.60M 553.61M
Net tangible assets 1911.83M 1748.75M 1616.51M 1653.41M 1545.07M
Short term investments 44.61M 46.00M - - -
Net receivables 63.93M 61.38M 73.52M 180.72M 276.90M
Long term debt 1707.02M 1677.38M 1933.51M 1847.30M 1884.40M
Inventory - -11.51800M - - -
Accounts payable 214.99M 218.78M 215.11M 220.81M 203.66M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 5.79M 5.79M 3.31M 3.06M 2.93M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 9.04M - -2.68200M -0.49100M -1.38100M
Additional paid in capital - - - - -
Common stock total equity 21.44M 21.13M 19.40M 19.38M 18.47M
Preferred stock total equity 175.00M 175.00M 325.00M 325.00M 525.00M
Retained earnings total equity -4046.37000M -4092.78300M -4099.53400M -4066.09900M -3980.15100M
Treasury stock - - - -7.70700M -44.27800M
Accumulated amortization - - - - -
Non currrent assets other 3791.13M 17.37M 19.67M 21.28M 3474.64M
Deferred long term asset charges - - - - -
Non current assets total 3959.88M 3862.42M 3960.35M 3893.76M 3915.78M
Capital lease obligations - - - - -
Long term debt total 1707.02M 1677.38M 1933.51M 1847.30M 1884.40M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments 282.37M 90.66M 166.29M 78.75M 913.25M
Change to liabilities -0.12500M -2.98600M -7.74900M -4.77100M 11.39M
Total cashflows from investing activities -167.55900M 74.45M 102.48M -10.39500M 816.94M
Net borrowings 92.40M -135.00000M -86.56800M -49.99800M -795.50900M
Total cash from financing activities -111.74100M -388.12700M -237.36300M -254.27800M -1162.81600M
Change to operating activities -2.14100M 0.77M -8.56000M 0.26M -7.20000M
Net income 168.79M 125.42M 36.59M 101.83M 116.11M
Change in cash -22.03800M -31.16200M 55.28M 5.48M -81.07400M
Begin period cash flow 43.25M 74.41M 19.13M 13.65M 94.72M
End period cash flow 21.21M 43.25M 74.41M 19.13M 13.65M
Total cash from operating activities 257.26M 282.51M 190.17M 270.15M 264.81M
Issuance of capital stock 36.72M 224.97M 0.00000M 194.60M 0.00000M
Depreciation 203.55M 185.77M 170.67M 165.09M 242.10M
Other cashflows from investing activities - 190.93M 7.50M 95.84M 63.66M
Dividends paid -120.01600M -99.54100M -98.34800M -180.69800M 281.33M
Change to inventory - -0.01340M - -0.01100M -11.38800M
Change to account receivables -5.52500M 15.87M -11.65400M 4.36M -2.29800M
Sale purchase of stock -42.25600M -150.01900M -7.50000M -214.10000M -36.34100M
Other cashflows from financing activities 85.02M -148.25600M -0.64100M 43.29M 1267.54M
Change to netincome 88.47M 157.10M 153.58M 168.33M 148.70M
Capital expenditures 449.93M 207.13M 63.82M 75.48M 778.08M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes -22.03800M -31.16100M 55.28M 5.48M -81.07000M
Change in working capital -7.79100M 13.66M -23.83500M 1.19M 3.24M
Stock based compensation 7.22M 13.53M 8.80M 9.89M 7.47M
Other non cash items -114.50300M 4.31M 1.58M 3.98M -104.10700M
Free cash flow 257.26M 282.51M 190.17M 270.15M 264.81M

Peer Comparison

Sector: Real Estate Industry: REIT - Retail

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SITC
Site Centers Corp
0.01 0.10% 15.29 34.42 - 5.14 1.55 8.55 12.06
SPG
Simon Property Group Inc
0.21 0.12% 171.72 21.31 24.69 9.77 16.15 12.96 14.98
O
Realty Income Corporation
-0.12 0.23% 52.69 43.10 43.67 10.55 1.30 15.84 18.03
LKREF
Link Real Estate Investment Trust
- -% 4.40 - 15.77 1.14 0.61 1.54 26.84
KIM
Kimco Realty Corporation
0.15 0.64% 23.43 30.65 29.76 7.61 1.41 11.27 15.81

Reports Covered

Stock Research & News

Profile

SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income communities. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC.

Site Centers Corp

3300 Enterprise Parkway, Beachwood, OH, United States, 44122

Key Executives

Name Title Year Born
Mr. David R. Lukes Pres, CEO & Director 1970
Mr. Conor M. Fennerty Exec. VP, CFO & Treasurer 1986
Mr. John M. Cattonar Exec. VP & Chief Investment Officer 1982
Ms. Christa A. Vesy CPA Exec. VP & Chief Accounting Officer 1971
Monica Kukreja Capital Markets & Investor Relations NA
Mr. Aaron M. Kitlowski J.D. Exec. VP, Gen. Counsel & Corp. Sec. 1973
Ms. Kim M. Scharf Sr. VP of Information Technology NA
Mr. Jeff Scott Sr. VP of Property Reporting NA
Mr. Robert Siebenschuh Sr. VP of Property Accounting Operations NA
Mr. Joseph E. Chura Sr. VP of Property Operations NA

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