Seritage Growth Properties Company Profile (NYSE:SRG)

About Seritage Growth Properties

Seritage Growth Properties logoSeritage 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: $46.99
  • 50 Day Moving Average: $48.64
  • 200 Day Moving Average: $49.12
  • 52-Week Range: $33.34 - $57.31
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 21.56
  • P/E Growth: 0.00
  • Market Cap: $1.48B
  • Outstanding Shares: 31,598,000
  • Beta: 1.04
  • Net Margins: -15.85%
  • Return on Equity: -2.43%
  • Return on Assets: -1.34%
  • Debt-to-Equity Ratio: 0.76%
  • Current Ratio: 4.39%
  • Quick Ratio: 4.39%
Additional Links:
Companies Related to Seritage Growth Properties:

Analyst Ratings

Consensus Ratings for Seritage Growth Properties (NYSE:SRG) (?)
Ratings Breakdown: 1 Sell Rating, 2 Strong Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $60.67 (29.11% upside)

Analysts' Ratings History for Seritage Growth Properties (NYSE:SRG)
DateFirmActionRatingPrice TargetDetails
9/6/2016Royal Bank Of CanadaInitiated CoverageTop Pick$72.00View Rating Details
9/6/2016RBC Capital MarketsInitiated CoverageTop Pick$72.00View Rating Details
4/19/2016Boenning ScattergoodInitiated CoverageUnderperform$38.00View Rating Details
(Data available from 10/25/2014 forward)


Earnings History for Seritage Growth Properties (NYSE:SRG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/4/2016Q216$0.61$0.58ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Seritage Growth Properties (NYSE:SRG)
Current Year EPS Consensus Estimate: $2.33 EPS
Next Year EPS Consensus Estimate: $2.18 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.63$0.63$0.63
Q2 20161$0.61$0.61$0.61
Q3 20161$0.57$0.57$0.57
Q4 20161$0.58$0.58$0.58
Q1 20171$0.57$0.57$0.57
Q2 20171$0.49$0.49$0.49
Q3 20171$0.51$0.51$0.51
Q4 20171$0.46$0.46$0.46
Q1 20181$0.47$0.47$0.47
Q2 20181$0.48$0.48$0.48
(Data provided by Zacks Investment Research)


Current Dividend Information for Seritage Growth Properties (NYSE:SRG)
Annual Dividend:$1.00
Dividend Yield:2.13%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-82.64% (Based on Trailing 12 Months of Earnings)
42.92% (Based on Current Year Consensus EPS Estimate)
45.87% (Based on Next Year Consensus EPS Estimate)

Dividend History for Seritage Growth Properties (NYSE:SRG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Seritage Growth Properties (NYSE:SRG)
Insider Ownership Percentage: 10.18%
Institutional Ownership Percentage: 75.86%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/31/2016Bruce R BerkowitzMajor ShareholderBuy200$44.51$8,902.00View SEC Filing  
8/26/2016Bruce R BerkowitzMajor ShareholderBuy24,700$45.15$1,115,205.00View SEC Filing  
8/19/2016Bruce R BerkowitzMajor ShareholderBuy100$45.88$4,588.00View SEC Filing  
8/17/2016Bruce R BerkowitzMajor ShareholderBuy10,000$46.65$466,500.00View SEC Filing  
8/12/2016Bruce R BerkowitzMajor ShareholderBuy10,000$47.61$476,100.00View SEC Filing  
8/11/2016Bruce R BerkowitzMajor ShareholderSell750$47.82$35,865.00View SEC Filing  
7/19/2016Bruce R BerkowitzMajor ShareholderSell9,648$48.63$469,182.24View SEC Filing  
5/25/2016Bruce R BerkowitzMajor ShareholderBuy5,000$43.64$218,200.00View SEC Filing  
5/19/2016Bruce R BerkowitzMajor ShareholderBuy37,700$43.66$1,645,982.00View SEC Filing  
5/17/2016Bruce R BerkowitzMajor ShareholderBuy17,300$45.15$781,095.00View SEC Filing  
5/10/2016Edward S LampertInsiderSell9,200$53.63$493,396.00View SEC Filing  
4/6/2016Bruce R BerkowitzMajor ShareholderSell11,150$51.27$571,660.50View SEC Filing  
3/22/2016Bruce R BerkowitzMajor ShareholderBuy21,000$46.53$977,130.00View SEC Filing  
3/17/2016Bruce R BerkowitzMajor ShareholderBuy30,000$43.55$1,306,500.00View SEC Filing  
3/15/2016John McclainDirectorBuy200$43.48$8,696.00View SEC Filing  
3/11/2016Bruce R BerkowitzMajor ShareholderBuy4,400$40.44$177,936.00View SEC Filing  
3/9/2016Bruce R BerkowitzMajor ShareholderSell164,500$40.76$6,705,020.00View SEC Filing  
3/3/2016Bruce R BerkowitzMajor ShareholderSell118,550$41.86$4,962,503.00View SEC Filing  
3/1/2016Bruce R BerkowitzMajor ShareholderSell81,950$41.95$3,437,802.50View SEC Filing  
2/16/2016Bruce R BerkowitzMajor ShareholderBuy5,000$39.59$197,950.00View SEC Filing  
2/12/2016Bruce R BerkowitzMajor ShareholderSell4,350$39.20$170,520.00View SEC Filing  
2/11/2016Bruce R BerkowitzMajor ShareholderBuy10,200$38.22$389,844.00View SEC Filing  
2/10/2016Bruce R BerkowitzMajor ShareholderSell4,550$39.28$178,724.00View SEC Filing  
1/20/2016Bruce R BerkowitzMajor ShareholderBuy10,000$37.49$374,900.00View SEC Filing  
1/15/2016Bruce R BerkowitzMajor ShareholderSell9,550$37.32$356,406.00View SEC Filing  
1/14/2016Bruce R BerkowitzMajor ShareholderBuy50,300$38.55$1,939,065.00View SEC Filing  
12/9/2015Bruce R BerkowitzMajor ShareholderSell11,400$34.39$392,046.00View SEC Filing  
12/4/2015Bruce R BerkowitzMajor ShareholderSell7,800$34.57$269,646.00View SEC Filing  
11/23/2015Bruce R BerkowitzMajor ShareholderBuy3,400$33.58$114,172.00View SEC Filing  
11/17/2015Bruce R BerkowitzMajor ShareholderBuy61,900$35.17$2,177,023.00View SEC Filing  
11/13/2015Bruce R BerkowitzMajor ShareholderBuy36,400$36.81$1,339,884.00View SEC Filing  
11/9/2015Bruce R BerkowitzMajor ShareholderBuy30,800$38.42$1,183,336.00View SEC Filing  
11/3/2015Bruce R BerkowitzMajor ShareholderBuy23,600$42.50$1,003,000.00View SEC Filing  
8/31/2015Bruce R BerkowitzMajor ShareholderBuy59,500$39.52$2,351,440.00View SEC Filing  
8/21/2015Bruce R BerkowitzMajor ShareholderSell4,550$41.89$190,599.50View SEC Filing  
7/22/2015Bruce R BerkowitzMajor ShareholderSell125,000$39.85$4,981,250.00View SEC Filing  
7/17/2015Citadel Gp LlcMajor ShareholderSell48,253$37.60$1,814,312.80View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Seritage Growth Properties (NYSE:SRG)
DateHeadline logoSeritage Growth Properties Announces Third Quarter 2016 Earnings Release Date (NYSE:SRG) - October 20 at 12:36 PM logoSeritage Growth Properties breached its 50 day moving average in a Bearish Manner : SRG-US : October 14, 2016 (NYSE:SRG) - October 14 at 10:44 AM logoIs Kmart closing? Sears says no (NYSE:SRG) - October 5 at 7:19 PM logoHow Desperate Is Sears? (NYSE:SRG) - October 5 at 3:39 PM logoIncreased Earnings Estimates Seen for Seritage Growth Properties (SRG): Can It Move Higher? (NYSE:SRG) - October 4 at 11:43 AM
News IconSears – What Comes Next? (NYSE:SRG) - October 2 at 11:19 AM logoSeritage Growth Properties: Sears Holdings' Problems Working Out Just Right (NYSE:SRG) - September 30 at 7:28 PM logoSL Green Closes Financing for Iconic Tower, One Vanderbilt (NYSE:SRG) - September 30 at 1:15 PM logoCan Uber Save Sears? (NYSE:SRG) - September 30 at 1:15 PM logoSears Holdings' Spin-Off Seritage Can Develop Land (NYSE:SRG) - September 29 at 7:21 PM logo3 Reasons Why Seritage Growth (SRG) is a Great Momentum Stock (NYSE:SRG) - September 29 at 12:22 PM logoSeritage Growth Properties: The List Of The 17 Kmart Portfolio Stores Being Closed (NYSE:SRG) - September 24 at 11:47 AM logoKmart to Close Another 64 Locations (NYSE:SRG) - September 22 at 11:29 AM logoHere's How Easy It Would Be for Sears to Take Down Seritage, Its Landlord (NYSE:SRG) - September 21 at 6:59 PM logoThe End Is Quickly Approaching for Sears Holdings Corp. (NYSE:SRG) - September 21 at 11:34 AM logoSeritage Growth Properties breached its 50 day moving average in a Bullish Manner : SRG-US : September 20, 2016 (NYSE:SRG) - September 20 at 10:59 AM logo[$$] Kmart to Close Another 64 Locations (NYSE:SRG) - September 19 at 7:23 PM logoSERITAGE GROWTH PROPERTIES Files SEC form 8-K, Other Events (NYSE:SRG) - September 16 at 11:00 AM logoSeritage Growth Properties breached its 50 day moving average in a Bullish Manner : SRG-US : September 7, 2016 (NYSE:SRG) - September 7 at 11:11 AM logoCoverage initiated on Seritage Growth Properties by RBC Capital Mkts (NYSE:SRG) - September 6 at 11:41 AM logoCramer Is Right, Malls Aren't Dead (NYSE:SRG) - August 30 at 10:46 AM
News IconNoteworthy Thursday Option Activity: BREW, SRG, TLYS (NYSE:SRG) - August 26 at 7:12 PM logoSeritage Growth Properties (SRG) Shares Cross Below 200 DMA (NYSE:SRG) - August 26 at 7:12 PM logoTracking Bruce Berkowitz's Fairholme Portfolio - Q2 2016 Update (NYSE:SRG) - August 17 at 10:33 AM logoLands' End Is A Long Shot From Being Sears' Most Valuable Spin-Off (NYSE:SRG) - August 16 at 7:39 PM logoSERITAGE GROWTH PROPERTIES Financials (NYSE:SRG) - August 16 at 7:39 PM logoSNAM SpA :SRG-IT: Earnings Analysis: Q2, 2016 By the Numbers : August 9, 2016 (NYSE:SRG) - August 9 at 10:52 AM logoETF’s with exposure to Seritage Growth Properties : August 5, 2016 (NYSE:SRG) - August 5 at 7:46 PM logoSeritage Growth Properties Reports Second Quarter 2016 Operating Results (NYSE:SRG) - August 4 at 7:59 PM logoSeritage Growth Properties reports 2Q results (NYSE:SRG) - August 4 at 7:59 PM logoQ2 2016 Seritage Growth Properties Earnings Release - After Market Close (NYSE:SRG) - August 4 at 10:47 AM logoSeritage Growth Properties breached its 50 day moving average in a Bearish Manner : SRG-US : August 4, 2016 (NYSE:SRG) - August 4 at 10:47 AM logoH1 Financial report as at June 30th, 2015 (NYSE:SRG) - August 3 at 7:57 PM logoSeritage Growth Properties Announces Third Quarter 2016 Dividend (NYSE:SRG) - August 2 at 7:56 PM logoSERITAGE GROWTH PROPERTIES Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:SRG) - August 2 at 7:56 PM logoSeritage Growth Properties (SRG) Passes Through 2% Yield Mark (NYSE:SRG) - July 27 at 7:59 PM logoSRG Ltd. :SRG-AU: Earnings Analysis: For the six months ended December 31, 2015 : July 27, 2016 (NYSE:SRG) - July 27 at 1:59 AM logo2016 half-year results (NYSE:SRG) - July 25 at 9:58 AM logoSeritage Growth Properties Announces Second Quarter 2016 Earnings Release Date (NYSE:SRG) - July 21 at 6:45 AM logoMalls Booting Department Stores In Favor Of Smaller Retailers (NYSE:SRG) - July 11 at 11:34 AM logoHalf-year statement of the liquidity contract subscribed with CM-CIC Securities on 2018 bonds (FR 0011376649) (NYSE:SRG) - July 8 at 11:41 AM logoHalf-year statement of the liquidity contract subscribed with CM-CIC Securities on bonds with a maturity date of July 18th, 2017 (FR 0011287879) (NYSE:SRG) - July 8 at 11:31 AM logoHalf-year statement of the liquidity contract subscibed with Invest Securities (NYSE:SRG) - July 8 at 11:31 AM logo'Class A' Mall REITs Standing Tall (NYSE:SRG) - July 1 at 7:35 PM logoSears Almost In Checkmate; It Must Pawn More Stores To Stay In The Game (NYSE:SRG) - July 1 at 10:16 AM
News IconIs Sears Doomed for Bankruptcy in the Second Half of 2016? (SHLD) (NYSE:SRG) - June 30 at 7:47 PM logoSeritage Growth Properties breached its 50 day moving average in a Bearish Manner : SRG-US : June 27, 2016 (NYSE:SRG) - June 27 at 10:00 AM logoPursuit of the Public Offer's review (NYSE:SRG) - June 20 at 4:19 AM logoFuture retail center attracting 'significant interest' (NYSE:SRG) - June 2 at 8:02 PM logoSeritage Growth Properties: The Sears Problem Is Getting Worse (NYSE:SRG) - June 2 at 8:02 PM


Seritage Growth Properties (NYSE:SRG) Chart for Tuesday, October, 25, 2016

Last Updated on 10/25/2016 by Staff