SITE Centers Corp. - $SITC
11 months ago
Pacific Northwest Edge
"SITC: Shopping center REIT trading at 13% dividend yield after paying off debt. Strong town center model with lifestyle tenants. Spun off convenience properties. Post-spinoff EPS est. 1.3, PE 11.5, 5.5% div yield. Almost zero debt, well-positioned for economic challenges. Attractive valuation with upside potential."
Sentiment
bullish
Conviction
Medium
Tier
Trade Call
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Episode Information
Episode:
SITE Centers Corp. - $SITC
Source:
Pacific Northwest Edge
Published:
January 7, 2025
Idea Type:
Stock Idea