NYSE:SRG

Seritage Growth Properties (SRG) Stock Price, News & Analysis

$9.31
+0.04 (+0.43%)
(As of 04:10 PM ET)
Today's Range
$9.22
$9.37
50-Day Range
$8.82
$9.86
52-Week Range
$7.07
$9.92
Volume
350,752 shs
Average Volume
337,038 shs
Market Capitalization
$523.78 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.00

Seritage Growth Properties MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
50.4% Upside
$14.00 Price Target
Short Interest
Bearish
19.61% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$2.07 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.77 out of 5 stars

Finance Sector

4047th out of 5,198 stocks

Real Estate Industry

97th out of 132 stocks

SRG stock logo

About Seritage Growth Properties Stock (NYSE:SRG)

Seritage is principally engaged in the ownership, development, redevelopment, management and leasing of retail and mixed-use properties throughout the United States. As of September 30, 2023, the Company's portfolio consisted of interests in 42 properties comprised of approximately 5.6 million square feet of gross leasable area ("GLA") or build-to-suit leased area, approximately 126 acres held for or under development and approximately 2.9 million square feet or approximately 259 acres to be disposed of. The portfolio consists of approximately 4.3 million square feet of GLA held by 33 wholly owned properties (such properties, the "Consolidated Properties") and 1.2 million square feet of GLA held by 9 unconsolidated entities (such properties, the "Unconsolidated Properties").

SRG Stock Price History

SRG Stock News Headlines

Portion of Colonie Center sold for $28 million
Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
Seritage: Making Progress In A Tough Environment
Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
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Seritage Growth Properties (SRG)
Seritage Growth Properties Cl A
SRG Mar 2024 11.000 call
SRG Mar 2024 10.000 call
Real Estate Riches: 3 REITs to Build Your Wealth in 2024
Seritage Growth Properties Class A
Seritage: Intriguing Assets And Fascinating CEO
Seritage Growth Properties Class A SRG
See More Headlines
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Company Calendar

Last Earnings
4/01/2024
Today
5/03/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate
Sub-Industry
N/A
Fax
N/A
Employees
32
Year Founded
2015

Price Target and Rating

Average Stock Price Target
$14.00
High Stock Price Target
$14.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+50.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-154,910,000.00
Net Margins
-745.48%
Pretax Margin
-745.33%

Debt

Sales & Book Value

Annual Sales
$20.78 million
Book Value
$10.02 per share

Miscellaneous

Free Float
56,060,000
Market Cap
$523.78 million
Optionable
Optionable
Beta
2.62

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Key Executives

  • Ms. Andrea L. Olshan (Age 44)
    CEO, President & Director
    Comp: $2.41M
  • Mr. John Andrew Garilli (Age 59)
    Interim Chief Financial Officer
  • Mr. Eric Dinenberg (Age 41)
    Chief Operating Officer
    Comp: $1.09M
  • Mr. Matthew E. Fernand (Age 47)
    Chief Legal Officer & Corporate Secretary
    Comp: $1.15M
  • Mr. Christopher Mrozinski
    Senior Vice President of Development
  • Mr. Nino Cammalleri
    Senior VP & Real Estate Counsel

SRG Stock Analysis - Frequently Asked Questions

Should I buy or sell Seritage Growth Properties stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Seritage Growth Properties in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SRG shares.
View SRG analyst ratings
or view top-rated stocks.

What is Seritage Growth Properties' stock price target for 2024?

1 Wall Street research analysts have issued 12-month price objectives for Seritage Growth Properties' stock. Their SRG share price targets range from $14.00 to $14.00. On average, they expect the company's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 50.4% from the stock's current price.
View analysts price targets for SRG
or view top-rated stocks among Wall Street analysts.

How have SRG shares performed in 2024?

Seritage Growth Properties' stock was trading at $9.35 at the beginning of 2024. Since then, SRG shares have decreased by 0.4% and is now trading at $9.31.
View the best growth stocks for 2024 here
.

When is Seritage Growth Properties' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our SRG earnings forecast
.

How were Seritage Growth Properties' earnings last quarter?

Seritage Growth Properties (NYSE:SRG) announced its quarterly earnings results on Monday, April, 1st. The financial services provider reported $0.04 EPS for the quarter. The financial services provider earned $9.17 million during the quarter. Seritage Growth Properties had a negative trailing twelve-month return on equity of 8.61% and a negative net margin of 745.48%.

What other stocks do shareholders of Seritage Growth Properties own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Seritage Growth Properties investors own include Walt Disney (DIS), Zscaler (ZS), Tesla (TSLA), Twilio (TWLO), Fastly (FSLY), McDonald's (MCD), NextEra Energy (NEE), Okta (OKTA), PagerDuty (PD) and Stitch Fix (SFIX).

Who are Seritage Growth Properties' major shareholders?

Seritage Growth Properties' stock is owned by many different retail and institutional investors. Top institutional shareholders include Fifth Lane Capital LP (0.14%). Insiders that own company stock include Edward S Lampert and Yakira Capital Management, Inc.
View institutional ownership trends
.

How do I buy shares of Seritage Growth Properties?

Shares of SRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SRG) was last updated on 5/3/2024 by MarketBeat.com Staff

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