Stock events for SITE Centers Corp. (SITC)
SITE Centers Corp. (SITC) stock price has experienced significant events in the past six months, largely driven by its strategic transformation and asset disposition plan. As of January 2, 2026, the share price was $6.40, a 57.73% decline from $15.14 on January 3, 2025, and the company's market capitalization has decreased by 56.86% over the past 12 months. SITE Centers completed the spin-off of its convenience portfolio into Curbline Properties on October 1, 2024, which launched debt-free with $600 million in cash. The company has closed nearly $1 billion in property sales since July 1, 2023, with over $1.8 billion in dispositions closed at a blended cap rate of 7.1% by Q2 2024. Following the spin-off announcement, SITE Centers distributed over $380 million to shareholders via special dividends, representing $7.39 per share. Total revenue declined 63.8% in Q2 2025 compared to Q2 2024, primarily due to the Curbline spin-off and ongoing property dispositions. The overall portfolio lease rate fell to 88.1% in Q2 2025, down from 91.8% in Q2 2024.
Demand Seasonality affecting SITE Centers Corp.’s stock price
The provided search results do not contain explicit information regarding the demand seasonality for SITE Centers Corp.'s products and services. However, as a REIT focused on grocery-anchored and necessity-based retail, demand for its properties might be considered relatively stable compared to other retail segments, as these centers cater to daily needs. The company's focus on essential retail concepts positions it to benefit from resilient tenant performance.
Overview of SITE Centers Corp.’s business
SITE Centers Corp. (SITC) is a self-administered and self-managed REIT focused on owning, leasing, acquiring, redeveloping, developing, and managing open-air shopping centers. The company operates within the Real Estate sector, specifically in the REIT - Retail industry, focusing on grocery-anchored centers and essential retail concepts. Its mission is to create thriving retail destinations that deliver value to tenants, shareholders, and communities by providing essential goods and services through a curated mix of national and regional retailers. The company's primary product is the leased retail space within its open-air shopping centers, and it provides property-based services such as property search, dispositions, specialty leasing, and peripheral land and leasing information. Major tenants in its portfolio have included Starbucks, Target, and Whole Foods Market.
SITC’s Geographic footprint
SITE Centers Corp.'s market presence is predominantly across the United States, with a strategic concentration in high-growth metropolitan areas and suburban markets. The company's properties are located in affluent, high-household income suburban communities. Its portfolio includes various centers across the US, such as Chandler Center, Ahwatukee Foothills Town Center, Arrowhead Crossing, Deer Valley Town Center, Paradise Village Gateway, Artesia Village, Northsight Plaza, Broadway Center, Buena Park Place, Falcon Ridge Town Center, and La Fiesta Square. Other properties mentioned include The Pike Outlets, Ridge at Creekside, Chapel Hills West, FlatAcres Market Center, Parker Pavilions, Shoppes at Paradise Pointe, Winter Garden Village, 3030 North Broadway, The Promenade at Brentwood, Edgewater Towne Center, Meadowmont Crossing, Downtown Short Pump, Stow Community Center, and Ashley Crossing.
SITC Corporate Image Assessment
Direct information specifically detailing "brand reputation" for SITE Centers Corp. in the past year and events affecting it is not explicitly available in the provided search results. However, the company's strategic transformation, including the spin-off of Curbline Properties and significant asset dispositions, indicates a proactive approach to repositioning its portfolio and focusing on higher-value retail properties. This strategic clarity and commitment to maximizing shareholder value through capital recycling and special dividends could positively influence its reputation among investors. Conversely, the substantial decline in stock price and revenue due to these dispositions might be perceived negatively by some, despite the long-term strategic goals. The company emphasizes its commitment to operational excellence, innovative tenant strategies, and a disciplined approach to capital allocation.
Ownership
SITE Centers Corp. (SITC) is largely owned by institutional shareholders and insiders. As of late 2025, institutional investors and hedge funds owned approximately 88.70% of the company's stock, holding over 61.7 million shares. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., Northwood Liquid Management Lp, Weiss Asset Management LP, Fmr Llc, Irenic Capital Management LP, State Street Corp, Newtyn Management, LLC and Rush Island Management LP. Individual insider ownership is also substantial, accounting for approximately 39.24% of the company. Key individual owners include Alexander Otto, Katharina Ottobernstein, Iris S. Wolstein and Michael Ingo Werner Otto. Retail investors hold approximately 5.19% of the stock.
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