Seritage Growth Properties Company Profile (NYSE:SRG)

Analyst Ratings

Consensus Ratings for Seritage Growth Properties (NYSE:SRG) (?)
Ratings Breakdown: 1 Sell Rating(s)
Consensus Rating:Sell (Score: 1.00)
Consensus Price Target: $38.00 (25.09% downside)

Analysts' Ratings History for Seritage Growth Properties (NYSE:SRG)
Show:
DateFirmActionRatingPrice TargetActions
4/19/2016Boenning ScattergoodInitiated CoverageUnderperform$38.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/24/2014 forward)

Earnings

Earnings History for Seritage Growth Properties (NYSE:SRG)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Seritage Growth Properties (NYSE:SRG)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.63$0.63$0.63
Q2 20161$0.61$0.61$0.61
Q3 20161$0.55$0.55$0.55
Q4 20161$0.48$0.48$0.48
Q1 20171$0.48$0.48$0.48
Q2 20171$0.49$0.49$0.49
Q3 20171$0.44$0.44$0.44
Q4 20171$0.39$0.39$0.39
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Seritage Growth Properties (NYSE:SRG)
Annual Dividend:$1.00
Dividend Yield:1.97%
Payout Ratio:45.87% (Based on Current Year Consensus EPS Estimate)
55.25% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:0.00% (3 Year Average)

Dividend History for Seritage Growth Properties (NYSE:SRG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/4/2016Quarterly$0.256/28/20166/30/20167/14/2016Tweet This Announcement  Share This Announcement on StockTwits
3/9/2016$0.253/29/20163/31/20164/14/2016Tweet This Announcement  Share This Announcement on StockTwits
12/18/2015Annual$0.5012/29/201512/31/20151/14/2016Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Seritage Growth Properties (NYSE:SRG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
7/19/2016Bruce R BerkowitzMajor ShareholderSell9,648$48.63$469,182.24View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/25/2016Bruce R BerkowitzMajor ShareholderBuy5,000$43.64$218,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/19/2016Bruce R BerkowitzMajor ShareholderBuy37,700$43.66$1,645,982.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/17/2016Bruce R BerkowitzMajor ShareholderBuy17,300$45.15$781,095.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/10/2016Edward S LampertInsiderSell9,200$53.63$493,396.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/6/2016Bruce R BerkowitzMajor ShareholderSell11,150$51.27$571,660.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/22/2016Bruce R BerkowitzMajor ShareholderBuy21,000$46.53$977,130.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/17/2016Bruce R BerkowitzMajor ShareholderBuy30,000$43.55$1,306,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/15/2016John McclainDirectorBuy200$43.48$8,696.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/11/2016Bruce R BerkowitzMajor ShareholderBuy4,400$40.44$177,936.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/9/2016Bruce R BerkowitzMajor ShareholderSell164,500$40.76$6,705,020.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/3/2016Bruce R BerkowitzMajor ShareholderSell118,550$41.86$4,962,503.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/1/2016Bruce R BerkowitzMajor ShareholderSell81,950$41.95$3,437,802.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/16/2016Bruce R BerkowitzMajor ShareholderBuy5,000$39.59$197,950.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/12/2016Bruce R BerkowitzMajor ShareholderSell4,350$39.20$170,520.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/11/2016Bruce R BerkowitzMajor ShareholderBuy10,200$38.22$389,844.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/10/2016Bruce R BerkowitzMajor ShareholderSell4,550$39.28$178,724.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/20/2016Bruce R BerkowitzMajor ShareholderBuy10,000$37.49$374,900.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/15/2016Bruce R BerkowitzMajor ShareholderSell9,550$37.32$356,406.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/14/2016Bruce R BerkowitzMajor ShareholderBuy50,300$38.55$1,939,065.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/9/2015Bruce R BerkowitzMajor ShareholderSell11,400$34.39$392,046.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/4/2015Bruce R BerkowitzMajor ShareholderSell7,800$34.57$269,646.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/23/2015Bruce R BerkowitzMajor ShareholderBuy3,400$33.58$114,172.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/17/2015Bruce R BerkowitzMajor ShareholderBuy61,900$35.17$2,177,023.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/13/2015Bruce R BerkowitzMajor ShareholderBuy36,400$36.81$1,339,884.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/9/2015Bruce R BerkowitzMajor ShareholderBuy30,800$38.42$1,183,336.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/3/2015Bruce R BerkowitzMajor ShareholderBuy23,600$42.50$1,003,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/31/2015Bruce R BerkowitzMajor ShareholderBuy59,500$39.52$2,351,440.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/21/2015Bruce R BerkowitzMajor ShareholderSell4,550$41.89$190,599.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/22/2015Bruce R BerkowitzMajor ShareholderSell125,000$39.85$4,981,250.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/17/2015Citadel Gp LlcMajor ShareholderSell48,253$37.60$1,814,312.80View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Seritage Growth Properties (NYSE:SRG)
DateHeadline
07/21/16 05:45 AMSeritage Growth Properties Announces Second Quarter 2016 Earnings Release Date - [Business Wire] - Seritage Growth Properties announced today that it will release its second quarter 2016 financial and operating results in a press release on Thursday, August 4, 2016, after the market close.
07/11/16 10:34 AMMalls Booting Department Stores In Favor Of Smaller Retailers
07/08/16 10:41 AMHalf-year statement of the liquidity contract subscribed with CM-CIC Securities on 2018 bonds (FR 0011376649) - [at noodls] - Microsoft Word - FDP - CP Bilan semestriel obligations 2018 CM 06-07-16 UK Half-year statement of the liquidity contract subscribed with CM-CIC Securities on bonds with a maturity date of December 20th, ...
07/08/16 10:31 AMHalf-year statement of the liquidity contract subscribed with CM-CIC Securities on bonds with a maturity date of July 18th, 2017 (FR 0011287879) - [at noodls] - Microsoft Word - FDP - CP Bilan semestriel obligations 2017 uk Half-year statement of the liquidity contract subscribed with CM-CIC Securities on bonds with a maturity date of July 18th, 2017 (FR 0011287879) ...
07/08/16 10:31 AMHalf-year statement of the liquidity contract subscibed with Invest Securities - [at noodls] - Microsoft Word - FDP - PR Liquidity contract IS 08-07-2016 Half-year statement of the liquidity contract subscribed with Invest Securities on Foncière de Paris SIIC shares (FR 0000034431) Foncière de Paris ...
07/01/16 06:35 PM'Class A' Mall REITs Standing Tall
07/01/16 09:16 AMSears Almost In Checkmate; It Must Pawn More Stores To Stay In The Game
06/30/16 06:47 PMIs Sears Doomed for Bankruptcy in the Second Half of 2016? (SHLD)
06/27/16 09:00 AMSeritage Growth Properties breached its 50 day moving average in a Bearish Manner : SRG-US : June 27, 2016 -
06/20/16 03:19 AMPursuit of the Public Offer's review - [at noodls] - Microsoft Word - FDP-PR- Poursuite examen offres publiques 20-06-2016 PURSUIT OF THE PUBLIC OFFERS' REVIEW Paris, on June 20th, 2016 On June 14th, Gecina announced its intention to amend the terms and ...
06/02/16 07:02 PMFuture retail center attracting 'significant interest' - Seritage Growth Properties (NYSE: SRG), the developer behind the future 135,000-square-foot Poplar/Perkins retail center, said in a June 1 statement that it would share news about additional leases for the space “in the near future.” “We continue to ...
06/02/16 07:02 PMSeritage Growth Properties: The Sears Problem Is Getting Worse - SRG is the REIT ... It has another 31 properties in which it is a 50% owner which are basically leased to Sears Holdings, too. And there is huge potential, but it won't be realized with Sears or K-Mart. The value in Seritage will begin to shine through ...
06/01/16 06:32 AMSNAM SpA :SRG-IT: Earnings Analysis: Q1, 2016 By the Numbers : June 1, 2016 -
05/26/16 02:57 AMMeeting of the Supervisory Board on May 25th, 2016 - [at noodls] - Microsoft Word - FDP-PR- Meeting of the Supervisory Board on 25-05-2016 MEETING OF THE SUPERVISORY BOARD ON MAY 25th, 2016 Paris, May 25th, 2016 Following the filing of a takerover bid by Gecina with the ...
05/23/16 03:56 AMProject of Gecina's offer - [at noodls] - Microsoft Word - FDP-Gecina press release 190516 Paris, on May 19th, 2016 The Company examined the takeover bid that Gecina filed today on Foncière de Paris. Under this offer, the Company shares and OSRA ...
05/18/16 06:56 AMSRG Ltd. :SRG-AU: Earnings Analysis: For the six months ended December 31, 2015 : May 18, 2016 -
05/17/16 12:43 PMThe Seritage Long-Term Plan Is Working - Now Monish Pabrai Has Joined The Party - On February 9 of this year we wrote about the fact that we thought that Seritage Growth Properties (NYSE:SRG) made for a compelling long term holding. We were thinking long term, the stock seemed willing to reward us in the short term. From $38 per share ...
05/17/16 12:00 PMInvest Like Warren Buffett and Seth Klarman -
05/15/16 12:00 PMTracking Mohnish Pabrai's Portfolio - Q1 2016 Update - Trading opened Jan 4, 2016 at ~$47 per share. It is down ~8% since and is currently at $43.65. Seritage Growth Properties (NYSE:SRG): SRG is a 7.68% of the portfolio position established this quarter at prices between $37.51 and $51.19. The stock is ...
05/12/16 11:52 AMOversold Conditions For Seritage Growth Properties (SRG) - Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength ...
05/12/16 10:17 AMInformation concerning the ex-dividend date - [at noodls] - Microsoft Word - FDP - PR ex-dividend date 10-05-2016 PRESS RELEASE Information concerning the ex‐dividend date Paris, May 10th, 2016. ... This is an abstract of the original noodl. To continue reading ...
05/06/16 03:08 PMSERITAGE GROWTH PROPERTIES Files SEC form 10-Q, Quarterly Report -
05/05/16 04:32 PMSeritage Growth Properties reports 1Q results -
05/05/16 03:05 PMSeritage Growth Properties Reports First Quarter 2016 Operating Results - [Business Wire] - Seritage Growth Properties , a national owner of 266 retail properties totaling over 42 million square feet of gross leasable area , today reported financial and operating results for the quarter ended March 31, 2016.
05/04/16 02:42 PMSERITAGE GROWTH PROPERTIES Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events, Fin -
05/04/16 05:45 AMSeritage Growth Properties Announces Second Quarter 2016 Dividend - [Business Wire] - Seritage Growth Properties , a national owner of 266 retail properties totaling over 42 million square feet of gross leasable area, announced today that its Board of Trustees has declared a cash dividend of $0.25 per Class A and Class C common share for the second quarter of 2016.
05/03/16 11:42 AMSears: ‘Mass Store Closures’ and a ‘Jump Ball’ For Market Share - Last month, Sears Holdings (SHLD) announced that it would close another 78 stores. Cowen’s John Kernan and team argue that Seritage Growth Properties (SRG), Burlington Stores (BURL) and Dicks Sporting Goods (DKS) could benefit: Sears and K-Mart recently ...
05/03/16 09:54 AMSears: 'Mass Store Closures' and a 'Jump Ball' For Market Share -
04/18/16 08:22 AMCorrected information concerning the ex-dividend date - [at noodls] - Microsoft Word - FDP - PR corrected dividend 15-04-2016 PRESS RELEASE Corrected information concerning the ex‐dividend date Paris, April 15th, 2016. ... This is an abstract of the original noodl. To continue ...
04/13/16 04:41 AMFiling of a draft information note in response to the offer initiated by Eurosic - [at noodls] - Microsoft Word - Press release 06042016 PRESS RELEASE RELATED TO THE FILING OF A DRAFT INFORMATION NOTE IN RESPONSE TO THE ALTERNATIVE OF A PURCHASE AND AN EXCHANGE OFFER RELATED TO THE SHARES OF FONCIERE ...
04/11/16 06:41 PMBRIEF-Empyrean Capital Partners reports 5.3 pct passive stake in Seritage Growth Properties as of April 7 - * Empyrean Capital Partners LP reports 5.3 pct passive stake in Seritage Growth Properties as of April 7, 2016 - SEC Filing Source text (http://1.usa.gov/1S61ymG) Further company coverage:
04/04/16 06:00 PMCharlie Munger: Worldly Wisdom -
04/04/16 03:00 PMMy 'Winning Value Portfolio' Won Big -
03/31/16 10:58 AMCooper Creek Partners Has Strong 2015; Details Bullish Case For Seritage Growth Properties - SRG Stock: Why Did Buffett Snap Up 8% of Seritage Growth Properties? You see, according to Cooper Creek’s analysis, Seritage has an opportunity to invest a large amount of capital at a high un-levered rate of return and the ability to finance that ...
03/31/16 10:07 AM24-3-2016 - Exercise of Options - [at noodls] - 66e3b874-2a80-44f9-8dd9-27d95d39ea3d.pdf Security Research Group plc Exercise of Options Security Research Group plc (the "Company") announces that on 24 March 2016 it issued and allotted 161,112 ...
03/29/16 01:35 PMFive Real Estate Stocks to Buy On Industry Weakness -
03/19/16 10:32 AMSeritage Growth Properties: Growth At A Reasonable Price Or Already Fully Priced In? - Spin-offs, split-ups, liquidations, mergers and acquisitions." - Mario Gabelli As the name attempts to imply, Seritage Growth Properties (NYSE: SRG) is a Maryland incorporated, self-administered and managed real estate investment trust (REIT) which only ...
03/17/16 12:04 PMSERITAGE GROWTH PROPERTIES Financials -
03/11/16 10:29 AMMy Top REIT Picks For 2016 - February Update: Brick And Mortar Retail - Meanwhile, Sears REIT Seritage Growth Properties is significantly outperforming the B-mall ... Based upon the most recent SRG closing price of $40.64, the annual yield is just under 2.5%. Many financial portals, including Seeking Alpha, annualized last ...
03/11/16 05:03 AMSERITAGE GROWTH PROPERTIES Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements an -
03/10/16 05:11 PMSeritage Growth Properties reports 4Q results -
03/10/16 03:05 PMSeritage Growth Properties Reports Fourth Quarter 2015 Operating Results - [Business Wire] - Seritage Growth Properties , a national owner of 266 retail properties totaling over 42 million square feet of gross leasable area, today reported financial and operating results for the quarter ended December 31, 2015 and the period from July 7, 2015 to December 31, 2015.
03/08/16 04:35 PMSERITAGE GROWTH PROPERTIES Files SEC form 8-K, Other Events -
03/08/16 03:05 PMSeritage Growth Properties Announces First Quarter 2016 Dividend - [Business Wire] - Seritage Growth Properties , a national owner of 266 retail properties totaling over 42 million square feet of gross leasable area, announced today that its Board of Trustees has declared a cash dividend of $0.25 per Class A and Class C common share for the first quarter of 2016.
03/07/16 01:05 PMThe Top 5 Positions in Eddie Lampert's Portfolio (IBM, SRG) -
03/07/16 07:32 AMSears Seeks New $750 Million Term Loan for Staying Afloat -
03/02/16 10:00 AMNordstrom Rack To Open In Memphis, Tenn. - [PR Newswire] - SEATTLE, March 2, 2016 /PRNewswire/ -- Seattle-based Nordstrom, Inc . (NYSE: JWN) announced today plans to open a Nordstrom Rack at Poplar Commons in Memphis, Tenn. The approximately 33,000 square-foot ...
01/29/16 06:55 AMDepartment store owner’s lawsuit seeks to block expansion of Aventura Mall -
01/29/16 06:55 AMDepartment store owner’s lawsuit seeks to block expansion of Aventura Mall -
01/06/16 07:28 AMWhy Sears Holdings Corporation Dropped 38% in 2015 -

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About Seritage Growth Properties

Seritage Growth Properties (Seritage) is a self-administered and self-managed real estate investment trust (REIT). The Company is engaged in the acquisition, ownership, development, redevelopment, and management and leasing of diversified retail real estate across the United States. The Company's assets are held by and its operations are primarily conducted through directly or indirectly, by Seritage Growth Properties, L.P. Its portfolio include approximately 42.4 million square feet of gross leasable area (GLA), which consists of approximately 230 owned properties totaling over 37.0 million square feet of GLA across approximately 49 states and Puerto Rico and interests in approximately 30 joint venture properties totaling over 5.4 million square feet of GLA across approximately 17 states. Its portfolio includes over 3,000 acres of land, or approximately 10 acres per site for its owned properties.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: SRG
  • CUSIP:
Key Metrics:
  • Previous Close: $49.84
  • 50 Day Moving Average: $49.16
  • 200 Day Moving Average: $46.32
  • P/E Ratio: N/A
  • P/E Growth: 0.00
  • Market Cap: $1.60B
  • Current Year EPS Consensus Estimate: $2.18 EPS
  • Next Year EPS Consensus Estimate: $1.81 EPS
Additional Links:
Seritage Growth Properties (NYSE:SRG) Chart for Sunday, July, 24, 2016