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S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio

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

$9.25
+0.11 (+1.20%)
(As of 12/4/2023 ET)
Compare
Today's Range
$9.13
$9.27
50-Day Range
$7.12
$9.25
52-Week Range
$7.07
$12.79
Volume
427,642 shs
Average Volume
454,899 shs
Market Capitalization
$519.76 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
51.4% Upside
$14.00 Price Target
Short Interest
Bearish
22.29% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.95mentions of Seritage Growth Properties in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$775,178 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.68 out of 5 stars

Finance Sector

709th out of 822 stocks

Real Estate Industry

15th out of 21 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 June 30, 2023, the Company's portfolio consisted of interests in 50 properties comprised of approximately 6.8 million square feet of gross leasable area (GLA) or build-to-suit leased area, approximately 157 acres held for or under development and approximately 3.6 million square feet or approximately 303 acres to be disposed of. The portfolio consists of approximately 5.2 million square feet of GLA held by 38 wholly owned properties (such properties, the Consolidated Properties) and 1.7 million square feet of GLA held by 12 unconsolidated entities (such properties, the Unconsolidated Properties).

SRG Stock Price History

SRG Stock News Headlines

All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Seritage: Intriguing Assets And Fascinating CEO
Seritage Growth Properties Class A SRG
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Seritage Growth Properties Makes $80 Million Loan Prepayment
SRG-PA - Seritage Growth Properties
Seritage Stock: Time To Get Greedy
8-K: Seritage Growth Properties
See More Headlines
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Company Calendar

Last Earnings
11/08/2023
Today
12/04/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
3/12/2024

Industry, Sector and Symbol

Industry
Real estate
Sub-Industry
N/A
Sector
Finance
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
+51.4%
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
$519.76 million
Optionable
Optionable
Beta
2.63

Social Links

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Key Executives

  • Ms. Andrea L. Olshan (Age 43)
    CEO, President & Director
    Comp: $2.41M
  • Mr. John Andrew Garilli (Age 58)
    Interim Chief Financial Officer
  • Mr. Eric Dinenberg (Age 40)
    Chief Operating Officer
    Comp: $1.09M
  • Mr. Matthew E. Fernand (Age 46)
    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 analysts have issued 1-year price objectives for Seritage Growth Properties' shares. 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 51.4% 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 2023?

Seritage Growth Properties' stock was trading at $11.83 at the start of the year. Since then, SRG stock has decreased by 21.8% and is now trading at $9.25.
View the best growth stocks for 2023 here
.

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) issued its quarterly earnings data on Wednesday, November, 8th. The financial services provider reported ($0.04) earnings per share (EPS) for the quarter. The financial services provider had revenue of $5.05 million for the quarter. Seritage Growth Properties had a positive trailing twelve-month return on equity of 6.13% and a negative net margin of 191.41%.

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 institutional and retail investors. Top institutional shareholders include Littlejohn & Co. LLC (1.63%), Gabelli Funds LLC (1.46%), Towerview LLC (1.21%), GABELLI & Co INVESTMENT ADVISERS INC. (1.13%), PEAK6 Investments LLC (0.00%) and Walleye Trading LLC (0.00%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:SRG) was last updated on 12/5/2023 by MarketBeat.com Staff

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