Site Centers (SITC) to Release Earnings on Thursday

Site Centers (NYSE:SITC) is projected to post its Q1 2026 results after the market closes on Thursday, May 7th. Analysts expect Site Centers to post earnings of ($0.11) per share and revenue of $10.20 million for the quarter. Individuals can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 4:00 PM ET.

Site Centers (NYSE:SITC) last posted its quarterly earnings data on Thursday, February 26th. The company reported $2.55 EPS for the quarter, topping analysts’ consensus estimates of ($0.24) by $2.79. The firm had revenue of $17.51 million during the quarter, compared to analysts’ expectations of $22.39 million. Site Centers had a return on equity of 43.13% and a net margin of 156.72%.

Site Centers Trading Up 2.3%

Site Centers stock opened at $5.61 on Wednesday. The stock has a market cap of $294.04 million, a PE ratio of 1.67 and a beta of 1.01. The stock has a 50-day moving average price of $5.68 and a 200 day moving average price of $6.48. Site Centers has a 52 week low of $5.24 and a 52 week high of $13.10.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Piper Sandler lifted their price objective on Site Centers from $5.50 to $6.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 22nd. Wall Street Zen raised Site Centers from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Site Centers in a research note on Friday, March 27th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Site Centers presently has a consensus rating of “Reduce” and an average price target of $8.00.

Hedge Funds Weigh In On Site Centers

Several hedge funds and other institutional investors have recently modified their holdings of SITC. Mercer Global Advisors Inc. ADV lifted its position in Site Centers by 65.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 29,619 shares of the company’s stock worth $190,000 after acquiring an additional 11,680 shares in the last quarter. Rush Island Management LP lifted its position in Site Centers by 19.8% during the 4th quarter. Rush Island Management LP now owns 3,989,634 shares of the company’s stock worth $25,613,000 after acquiring an additional 659,269 shares in the last quarter. Millennium Management LLC lifted its position in Site Centers by 2,101.6% during the 4th quarter. Millennium Management LLC now owns 1,257,419 shares of the company’s stock worth $8,073,000 after acquiring an additional 1,200,306 shares in the last quarter. Man Group plc lifted its position in Site Centers by 3.8% during the 4th quarter. Man Group plc now owns 688,943 shares of the company’s stock worth $4,423,000 after acquiring an additional 24,915 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its position in Site Centers by 13.8% during the 4th quarter. Janus Henderson Group PLC now owns 392,649 shares of the company’s stock worth $2,523,000 after acquiring an additional 47,727 shares in the last quarter. 88.70% of the stock is owned by institutional investors and hedge funds.

About Site Centers

Site Centers (NYSE:SITC) is a publicly traded real estate investment trust (REIT) focused on the ownership, management and development of grocery-anchored shopping centers. The company’s portfolio comprises open-air retail properties that primarily serve daily needs tenants and national retailers. By concentrating on neighborhood and community shopping centers, Site Centers aims to provide stable occupancy levels and resilient income streams driven by essential services such as supermarkets, pharmacies and convenient dining options.

Originally known as DDR Corp., the company rebranded as Site Centers in 2021 to emphasize its strategic focus on high-quality retail assets and long-term value creation.