$SITE Centers (SITC.US)$Revenue has shrunk in the first 3 ye...
$SITE Centers (SITC.US)$Revenue has shrunk in the first 3 years over the past 5 years, followed by slight growth in the next two years, resulting in significant contraction overall. Operating profit followed a similar pattern, while net income was affected by multiple factors. It shrank in 2019 and 2020 but grew in the other 3 years, reaching a recent peak in 2022.
Revenue increased by 0.7% in the first half of 2023, while operating profit contracted by 17.7% and net income saw a significant decline of 72.2%.
Currently, the PE ratio is 17.6, the TTM PE ratio has risen to 26.7, the PB ratio is 1.45, the dividend yield is 4.05%, and the valuation lacks attractiveness.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more