SITE Centers Disposes Shopping Centers for $714M, Acquires for $111M [Yahoo! Finance]
SITE Centers Corp. (SITC)
Last site centers corp. earnings: 4/30 06:30 am
Check Earnings Report
Company Research
Source: Yahoo! Finance
SITC has provided an update on its transaction and financing activities in the third quarter of 2024 through Sept. 17, 2024. It also issued an updated projected SITE Centers and Curbline Properties balance sheet information. In a recent update, SITE centers disclosed that from the beginning of the third quarter of 2024 through Sept. 17, 2024, it has sold 13 wholly-owned shopping centers for $714.3 million. This retail REIT also purchased six convenience properties for a gross price of $111.2 million. This included the recent purchase of Loma Alta Station in San Diego, CA and Nine Mile Corner in Denver, CO. Net proceeds from selling 13 wholly owned properties were used to repay $159 million of the $530 million SITE Centers' mortgage facility. SITE Centers has been following an aggressive capital-recycling program through which it is divesting slow-growth assets and redeploying the proceeds for the acquisitions of premium U.S. shopping centers. These centers offer strong opportuni
Show less
Read more
Impact Snapshot
Event Time:
SITC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SITC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SITC alerts
High impacting SITE Centers Corp. news events
Weekly update
A roundup of the hottest topics
SITC
News
- SITE Centers Corp. (NYSE: SITC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- SITE Centers Corp. (NYSE: SITC) had its price target raised by analysts at Stifel Nicolaus from $65.00 to $65.25. They now have a "buy" rating on the stock.MarketBeat
- Apple Inc. (AAPL): Among the Best Fortune 500 Stocks to Buy Now [Yahoo! Finance]Yahoo! Finance
- SITE Centers names Gerald Morgan as CFO [Seeking Alpha]Seeking Alpha
- SITE Centers Provides Third Quarter 2024 Transaction and Spin-Off Update [Yahoo! Finance]Yahoo! Finance
SITC
Earnings
- 7/30/24 - Beat
SITC
Sec Filings
- 9/17/24 - Form 4
- 9/17/24 - Form 4
- 9/17/24 - Form 8-K
- SITC's page on the SEC website