SITE Centers Corp. (SITC) PT Raised to $16 at Evercore ISI

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Go back to SITE Centers Corp. (SITC) PT Raised to $16 at Evercore ISI

SITE Centers Reports Second Quarter 2024 Results

July 30, 2024 6:30 AM EDT

BEACHWOOD, Ohio--(BUSINESS WIRE)-- SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter ended June 30, 2024.

The planned spin-off of Curbline Properties remains on track with further progress in the second quarter across all fronts highlighted by nearly $1 billion of quarterly transactions, 24% trailing-twelve month new leasing spreads for Curbline Properties, and over $50 million of debt repurchased or retired prior to maturity, commented David R. Lukes, President and Chief Executive Officer. We remain excited to launch and scale... More