SITE Centers Corp. Common Shares (SITC)

KBW, a subsidiary of Stifel Financial Corp., announced the upcoming index rebalancing for the second quarter of 2025. The changes include the removal of SITE Centers Corp. from the KBW Nasdaq Premium Yield Equity REIT Index. KBW also named 16 U.S. banking institutions to its 2025 Bank Honor Roll for best-in-class earnings over the past decade.

SITE Centers Corp. reported better-than-expected Q2 2024 operating funds from operations (OFFO) per share, driven by an increase in base rent per square foot and same-store net operating income. However, the company's revenues missed the Zacks Consensus Estimate.

Federal Realty is focused on quality and tends to be opportunistic. Management sees a buying opportunity ahead.

Our call of the day discusses investing in potentially lucrative megatrends in an interview with Aspen Funds' co-founder and chief financial officer Bob Fraser

Upgrades For Regency Centers Corp (NASDAQ:REG), Argus Research upgraded the previous rating of Hold to Buy. In the second quarter, Regency Centers showed an EPS of $1.03, compared to $1.00 from the year-ago quarter. The current stock performance of Regency Centers shows a 52-week-high of $68.56 and a 52-week-low of $52.00. Moreover, at the end of the last trading period, the closing price was at $62.38. DA Davidson upgraded the previous rating for Pinterest Inc (NYSE:PINS) from Neutral to Buy. In the second quarter, Pinterest showed an EPS of $0.21, compared to $0.11 from the year-ago quarter. At the moment, the stock has a 52-week-high of $30.86 and a 52-week-low of $20.60. Pinterest closed at $26.21 at the end of the last trading period. TD Cowen upgraded the previous rating for Louisiana-Pacific Corp (NYSE:LPX) from Hold to Buy. Louisiana-Pacific earned $0.55 in the second quarter, compared to $4.57 in the year-ago quarter. The stock has a 52-week-high of $79.56 and a 52-week-low of $48.20. At the end of the last trading period, Louisiana-Pacific closed at $57.87. According to Citigroup, the prior rating for Pinterest Inc (NYSE:PINS) was changed from Neutral to Buy. In the second quarter, Pinterest showed an EPS of $0.21, compared to $0.11 from the year-ago quarter. At the moment, the stock has a 52-week-high of $30.86 and a 52-week-low of $20.60. Pinterest closed at $26.21 at the end of the last trading period. For Wingstop Inc (NASDAQ:WING), Wedbush upgraded the previous rating of Neutral to Outperform. Wingstop earned $0.57 in the second quarter, compared to $0.45 in the year-ago quarter. At the moment, the stock has a 52-week-high of $223.77 and a 52-week-low of $113.20. Wingstop closed at $173.74 at the end of the last trading period. Exane BNP Paribas upgraded the previous rating for Western Digital Corp (NASDAQ:WDC) from Neutral to Outperform. Western Digital earned $1.98 in the fourth quarter, compared to $1.78 in the year-ago quarter. The current stock performance of Western Digital shows a 52-week-high of $46.33 and a 52-week-low of $29.74. Moreover, at the end of the last trading period, the closing price was at $43.92. According to BMO Capital, the prior rating for Goosehead Insurance Inc (NASDAQ:GSHD) was changed from Market Perform to Outperform. For the second quarter, Goosehead Insurance had an EPS of $0.41, compared to year-ago quarter EPS of $0.16. The stock has a 52-week-high of $76.36 and a 52-week-low of $29.31. At the end of the last trading period, Goosehead Insurance closed at $74.68. For Kimco Realty Corp (NYSE:KIM), Wells Fargo upgraded the previous rating of Underweight to Equal-Weight. In the second quarter, Kimco Realty showed an EPS of $0.39, compared to $0.40 from the year-ago quarter. At the moment, the stock has a 52-week-high of $23.27 and a 52-week-low of $17.34. Kimco Realty closed at $18.49 at the end of the last trading period. According to Wells Fargo, the prior rating for SITE Centers Corp (NYSE:SITC) was changed from Equal-Weight to Overweight. In the second quarter, SITE Centers showed an EPS of $0.29, compared to $0.31 from the year-ago quarter. The current stock performance of SITE Centers shows a 52-week-high of $14.62 and a 52-week-low of $10.43. Moreover, at the end of the last trading period, the closing price was at $13.35. According to BMO Capital, the prior rating for Hudson Pacific Properties Inc (NYSE:HPP) was changed from Market Perform to Outperform. For the second quarter, Hudson Pacific Properties had an EPS of $0.24, compared to year-ago quarter EPS of $0.51. The current stock performance of Hudson Pacific Properties shows a 52-week-high of $12.74 and a 52-week-low of $4.04. Moreover, at the end of the last trading period, the closing price was at $6.74. According to Jefferies, the prior rating for Sabra Health Care REIT Inc (NASDAQ:SBRA) was changed from Hold to Buy. Sabra Health Care REIT earned $0.33 in the second quarter, compared to $0.39 in the year-ago quarter. At the moment, the stock has a 52-week-high of $14.31 and a 52-week-low of $10.08. Sabra Health Care REIT closed at $13.36 at the end of the last trading period. For Bausch Health Companies Inc (NYSE:BHC), Jefferies upgraded the previous rating of Hold to Buy. For the second quarter, Bausch Health Companies had an EPS of $0.81, compared to year-ago quarter EPS of $0.55. At the moment, the stock has a 52-week-high of $10.23 and a 52-week-low of $5.57. Bausch Health Companies closed at $7.72 at the end of the last trading period. For Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG), B of A Securities upgraded the previous rating of Neutral to Buy. The current stock ...Full story available on Benzinga.com