SITE Centers (formerly DDR Corp.) is an equity real estate investment trust. It invests in the real estate markets of the United States and Puerto Rico. The firm is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. It formerly known as Developers Diversified Realty Corp. The company is based in Beachwood, Ohio.
SITC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for SITE Centers Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that SITE Centers Corp ranked in the 53th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 22.67%. As for the metrics that stood out in our discounted cash flow analysis of SITE Centers Corp, consider:
The company's compound free cash flow growth rate over the past 5.73 years comes in at -0.04%; that's greater than merely 23.4% of US stocks we're applying DCF forecasting to.
35% of the company's capital comes from equity, which is greater than just 17.67% of stocks in our cash flow based forecasting set.
As a business, SITE Centers Corp experienced a tax rate of about 0% over the past twelve months; relative to its sector (Real Estate), this tax rate is higher than only 0% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of SITE Centers Corp? See CDR, LAMR, SOHO, CXW, and CUZ.