S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Bezos and Gates Invest in Search for Tech's Best-Kept Secret (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Game-Changing Cancer Tech Nears FDA Completion (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Game-Changing Cancer Tech Nears FDA Completion (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Bezos and Gates Invest in Search for Tech's Best-Kept Secret (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Game-Changing Cancer Tech Nears FDA Completion (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Game-Changing Cancer Tech Nears FDA Completion (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Bezos and Gates Invest in Search for Tech's Best-Kept Secret (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Game-Changing Cancer Tech Nears FDA Completion (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Game-Changing Cancer Tech Nears FDA Completion (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Bezos and Gates Invest in Search for Tech's Best-Kept Secret (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Game-Changing Cancer Tech Nears FDA Completion (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Game-Changing Cancer Tech Nears FDA Completion (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
NYSE:SRG

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

$9.43
-0.04 (-0.42%)
(As of 02/29/2024 ET)
Today's Range
$9.39
$9.59
50-Day Range
$9.15
$9.69
52-Week Range
$7.07
$12.12
Volume
233,330 shs
Average Volume
260,852 shs
Market Capitalization
$529.87 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
48.5% Upside
$14.00 Price Target
Short Interest
Bearish
17.15% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.58mentions of Seritage Growth Properties in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$7.75 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.

1.12 out of 5 stars

Finance Sector

753rd out of 863 stocks

Real Estate Industry

19th out of 25 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

Bezos and Gates Invest in Search for Tech's Best-Kept Secret
Billionaires who've made their fortunes in tech, are quietly investing in essential yet rare elements known as "The Seeds of Technology". Learn more about this massive rare earth treasure hunt and the very elements making emerging technologies possible.
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
The Strategic Gold Play You Haven't Heard About
Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.
Seritage Growth Properties Class A
Seritage: Intriguing Assets And Fascinating CEO
Seritage Growth Properties Class A SRG
Seritage Growth Properties Makes $80 Million Loan Prepayment
SRG-PA - Seritage Growth Properties
See More Headlines
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Company Calendar

Last Earnings
5/02/2019
Today
3/01/2024
Next Earnings (Estimated)
3/12/2024
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
+48.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-73,940,000.00
Net Margins
-191.41%
Pretax Margin
-190.80%

Debt

Sales & Book Value

Annual Sales
$107.06 million
Cash Flow
$0.06 per share
Book Value
$12.89 per share

Miscellaneous

Free Float
55,983,000
Market Cap
$529.87 million
Optionable
Optionable
Beta
2.67

Social Links

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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 equities research 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 equities research 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 equities research analysts have issued 12-month price targets for Seritage Growth Properties' stock. Their SRG share price targets range from $14.00 to $14.00. On average, they predict the company's stock price to reach $14.00 in the next year. This suggests a possible upside of 48.5% 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 start of the year. Since then, SRG stock has increased by 0.9% and is now trading at $9.43.
View the best growth stocks for 2024 here
.

Are investors shorting Seritage Growth Properties?

Seritage Growth Properties saw a decline in short interest in the month of January. As of January 31st, there was short interest totaling 6,740,000 shares, a decline of 10.7% from the January 15th total of 7,550,000 shares. Based on an average daily trading volume, of 384,100 shares, the short-interest ratio is presently 17.5 days. Approximately 17.1% of the company's stock are short sold.
View Seritage Growth Properties' Short Interest
.

When is Seritage Growth Properties' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 12th 2024.
View our SRG earnings forecast
.

How were Seritage Growth Properties' earnings last quarter?

Seritage Growth Properties (NYSE:SRG) posted its earnings results on Thursday, May, 2nd. The financial services provider reported ($0.23) earnings per share (EPS) for the quarter. The financial services provider earned $43.86 million during the quarter. Seritage Growth Properties had a negative net margin of 191.41% and a positive trailing twelve-month return on equity of 6.13%.

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 a variety of retail and institutional investors. Top institutional investors include Hotchkis & Wiley Capital Management LLC (8.61%), Vanguard Group Inc. (6.32%), Gabelli Funds LLC (1.34%), GABELLI & Co INVESTMENT ADVISERS INC. (1.22%), PEAK6 Investments LLC (0.00%) and Gamco Investors INC. ET AL (0.45%). 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 3/1/2024 by MarketBeat.com Staff