SITC Bad News
10 months ago
Pacific Northwest Edge
"SITC (sold): Q4 net loss $13.2M post-Curbline spin-off. FFO $8.3M after preferred stock redemption costs. Dividend cut to $0. Est. future yield 3.4% at $14/share. Debt low, but cash flow concerns. Author sold position due to insufficient yield and cash flow."
Sentiment
neutral
Conviction
Medium
Tier
Trade Call
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Episode Information
Episode:
SITC Bad News
Source:
Pacific Northwest Edge
Published:
February 28, 2025
Idea Type:
Stock Idea