SiteOne(SITE)
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This is Why SiteOne Landscape Supply, Inc. (SITE) is a Buy on Wall Street
Yahoo Finance· 2026-01-08 18:59
SiteOne Landscape Supply Inc (NYSE:SITE) is one of the best fertilizer stocks to invest in. On December 18, BofA Securities initiated coverage of the stock with a Buy rating and a $147 price target. The positive stance comes from the research firm, echoing the company’s status as the largest wholesale distributor of landscaping supplies in North America. This is Why SiteOne Landscape Supply, Inc. (SITE) is a Buy on Wall Street Pixabay/Public Domain According to BofA, SiteOne Landscape Supply Inc (NYSE:S ...
SITE Centers Announces Sale of Perimeter Pointe
Businesswire· 2025-12-31 21:05
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Announces Sale of Perimeter Pointe. ...
SiteOne Landscape Supply: A Great Company That Is Too Expensive For My Liking (NYSE:SITE)
Seeking Alpha· 2025-12-30 19:25
Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat discussion of the sector.Sign up today for your two-week free trial and get a new lease on oil & gas! ...
4 Industrial Services Stocks to Watch Amid Industry Challenges
ZACKS· 2025-12-29 18:55
The Zacks Industrial Services industry’s near-term outlook has been clouded by a weak manufacturing sector as customers remain wary of the effects of tariffs. Increased input costs and the implementation of tariffs are expected to erode industry margins.Despite the current setback, the rise in e-commerce activities will be a key catalyst for the industry. Companies like Kion Group (KIGRY) , Andritz (ADRZY) , SiteOne Landscape Supply, Inc. (SITE) and MSC Industrial Direct Co., Inc. (MSM) are positioned for g ...
SITE Centers Provides Update on Disposition Activity and Go Forward Plan
Businesswire· 2025-12-04 21:06
Core Viewpoint - SITE Centers Corp. has successfully sold $3.7 billion of assets since the announcement of the spin-off of Curbline Properties, with proceeds primarily used for debt repayment and shareholder distributions [2][3]. Disposition Activity - The company has sold 64 retail properties and one land parcel, declaring over $380 million in distributions to shareholders, equating to $7.39 per share since the spin-off announcement [1][2]. - As of December 4, 2025, SITE Centers owns 11 wholly-owned properties and has interests in 11 joint venture properties, with ongoing negotiations for the sale of four wholly-owned properties and one joint venture property [3]. Future Plans - SITE Centers plans to market all remaining wholly-owned retail properties, subject to market conditions, and expects to declare further distributions from sale proceeds after addressing outstanding debts and expenses [3][4]. - The company intends to maintain its common shares on the New York Stock Exchange, but may voluntarily delist to reduce operating expenses and maximize shareholder distributions [4]. Performance of Curbline Properties - Shares of Curbline Properties, distributed to SITE shareholders, have outperformed the FTSE NAREIT Shopping Center Index by over 1,550 basis points, indicating strong market demand and value creation [2].
SITE Centers Announces Sales of Four Properties
Businesswire· 2025-11-21 21:47
Core Points - SITE Centers Corp. completed the sale of four properties for a total of approximately $263.6 million, with proceeds used to repay mortgage indebtedness [1][2] - The properties sold include East Hanover Plaza, Southmont Plaza, Stow Community Center, and Nassau Park Pavilion [1][2] - The company is a self-administered and self-managed REIT, publicly traded on the NYSE under the ticker symbol SITC [3] Summary by Category Property Sales - East Hanover Plaza, Southmont Plaza, and Stow Community Center were sold for approximately $126.0 million, with $38.2 million of proceeds used to repay mortgage debt [1] - Nassau Park Pavilion was sold for approximately $137.6 million, with $98.4 million of proceeds applied to fully repay a mortgage loan and an additional $7.0 million paid as a make-whole premium [2] Company Overview - SITE Centers is an owner and manager of open-air shopping centers, operating as a fully integrated real estate company [3] - The company provides additional information on its operations and investor news through its website [3]
SITE Centers Announces Sale of Paradise Village Gateway
Businesswire· 2025-11-20 23:29
Core Points - SITE Centers Corp. announced the sale of Paradise Village Gateway in Phoenix, AZ for $28.5 million, excluding closing costs and adjustments [1] - A portion of the net proceeds from the sale was utilized to repay $24.3 million of mortgage debt [1] Company Overview - SITE Centers Corp. is an owner and manager of open-air shopping centers, operating as a self-administered and self-managed REIT [2] - The company is publicly traded on the New York Stock Exchange under the ticker symbol SITC [2]
SiteOne Landscape Supply Partners With Goodway Group To Accelerate Growth
Globenewswire· 2025-11-13 12:47
Core Insights - Goodway Group has been selected by SiteOne Landscape Supply as its paid media strategy partner, marking a significant collaboration in the landscape supply industry [1][5] - SiteOne aims to accelerate growth among professional customers across various categories, including hardscapes, agronomics, nursery, irrigation, and lighting [2] - The partnership will focus on creating measurable business outcomes, enhancing brand awareness, and driving revenue growth [2][4] Company Overview - SiteOne Landscape Supply, Inc. is the largest national wholesale distributor of landscape supplies in the United States and has a presence in Canada, serving residential and commercial landscape professionals [6] - Goodway Group is a global marketing services company that specializes in innovative solutions to drive impactful business outcomes for brands [6] Partnership Details - Goodway's engagement will start with strategic onboarding and planning to establish a full-funnel, measurement-driven media program [3] - The agency will integrate media, data, and creative strategies to simplify the customer journey and enhance customer loyalty for SiteOne [3][4] - Goodway's work will include competitive market analysis, budget scenario modeling, and measurement design to ensure effective media investments [4] Strategic Vision - SiteOne's leadership emphasizes the importance of aligning with a partner that can challenge their thinking and create measurable impact [5] - The partnership is seen as a milestone in SiteOne's marketing sophistication journey, aiming to transform media investments into engines of measurable business growth [5]
SITE Centers Reports Third Quarter 2025 Results
Businesswire· 2025-11-05 21:05
Core Insights - SITE Centers Corp. reported a net loss of $6.2 million for Q3 2025, a significant decline from a net income of $320.2 million in the same period last year, primarily due to impairments and lower rental income [5][18][19] - The company has sold seven properties year-to-date for a total of $380.9 million and has declared dividends of $5.75 per share [2][5] - The leased rate decreased to 87.6% as of September 30, 2025, down from 91.1% at the end of 2024 [5][18] Financial Performance - Operating funds from operations (OFFO) for Q3 2025 were $5.6 million, or $0.11 per diluted share, compared to $42.8 million, or $0.81 per diluted share in Q3 2024 [5][22] - Rental income for Q3 2025 was reported at $24.2 million, a decrease from $59.4 million in Q3 2024 [18][19] - The company recorded impairments totaling $106.6 million due to changes in hold period assumptions for five wholly-owned assets [5][22] Property Transactions - Notable property sales included Sandy Plains Village for $25 million, Winter Garden Village for $165 million, Deer Valley Towne Center for $33.7 million, and Edgewater Towne Center for $53.5 million [5][13] - The company has over $292 million in properties under contract for sale, with buyers' due diligence conditions expired [2][5] Recent Developments - A special cash distribution of $1.00 per common share was announced, payable on November 14, 2025 [13][27] - The company executed six new leases and 23 renewals for a total of 237,000 square feet during the quarter [5][18]
SITE Centers Announces Sale of Parker Pavilions
Businesswire· 2025-11-03 22:03
Core Viewpoint - SITE Centers Corp. announced the sale of Parker Pavilions for approximately $8.4 million, with part of the proceeds used to repay $6.1 million of mortgage debt [1]. Group 1: Company Overview - SITE Centers Corp. is an owner and manager of open-air shopping centers and operates as a self-administered and self-managed REIT [2][5]. - The company is publicly traded on the New York Stock Exchange under the ticker symbol SITC [2]. Group 2: Recent Transactions - The sale of Parker Pavilions was completed prior to closing costs, prorations, and other adjustments [1]. - The company has also announced a special cash distribution of $1.00 per common share, payable on November 14, 2025, to shareholders of record at the close of business on October 31, 2025 [4][5].