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S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
NYSE:SRG

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

$7.43
-0.17 (-2.24%)
(As of 09/21/2023 ET)
Compare
Today's Range
$7.43
$7.55
50-Day Range
$7.43
$9.39
52-Week Range
$7.11
$12.79
Volume
370,864 shs
Average Volume
289,320 shs
Market Capitalization
$417.42 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.00

Seritage Growth Properties MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
88.4% Upside
$14.00 Price Target
Short Interest
Bearish
23.58% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
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.

1.57 out of 5 stars

Finance Sector

761st out of 822 stocks

Real Estate Industry

19th out of 24 stocks


SRG stock logo

About Seritage Growth Properties (NYSE:SRG) Stock

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 Price History

SRG Stock News Headlines

SRG-PA - Seritage Growth Properties
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.
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
Seritage Stock: Time To Get Greedy
8-K: Seritage Growth Properties
SRG.PA Seritage Growth Properties 7% CUM PFD SR A
SRG 2022 Year End Business Update
See More Headlines
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SRG Company Calendar

Last Earnings
8/14/2023
Today
9/21/2023
Next Earnings (Estimated)
11/08/2023
Fiscal Year End
12/31/2023

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 Forecast
$14.00
High Stock Price Forecast
$14.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+88.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-73,940,000.00
Net Margins
-129.56%
Pretax Margin
-129.29%

Debt

Sales & Book Value

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

Miscellaneous

Free Float
55,981,000
Market Cap
$417.42 million
Optionable
Optionable
Beta
2.68

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Key Executives

  • Ms. Andrea L. Olshan (Age 43)
    CEO, Pres & 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 & Corp. Sec.
    Comp: $1.15M
  • Mr. Christopher Mrozinski
    Sr. VP of Devel.
  • Mr. Nino Cammalleri
    Sr. VP & Real Estate Counsel













SRG Stock - 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 forecast for 2023?

1 brokers have issued 1-year price targets for Seritage Growth Properties' stock. Their SRG share price forecasts 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 88.4% 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 beginning of the year. Since then, SRG stock has decreased by 37.2% and is now trading at $7.43.
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 Wednesday, November 8th 2023.
View our SRG earnings forecast
.

How were Seritage Growth Properties' earnings last quarter?

Seritage Growth Properties (NYSE:SRG) released its earnings results on Monday, August, 14th. The financial services provider reported $0.13 earnings per share (EPS) for the quarter. The financial services provider earned $5.88 million during the quarter. Seritage Growth Properties had a positive trailing twelve-month return on equity of 5.56% and a negative net margin of 129.56%.

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).

What is Seritage Growth Properties' stock symbol?

Seritage Growth Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "SRG."

Who are Seritage Growth Properties' major shareholders?

Seritage Growth Properties' stock is owned by many different retail and institutional investors. Top institutional shareholders include Hotchkis & Wiley Capital Management LLC (8.10%), Gabelli Funds LLC (1.44%), Littlejohn & Co. LLC (1.41%), BlackRock Inc. (1.32%), Towerview LLC (1.20%) and Boothbay Fund Management LLC (1.03%).
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.

What is Seritage Growth Properties' stock price today?

One share of SRG stock can currently be purchased for approximately $7.43.

How much money does Seritage Growth Properties make?

Seritage Growth Properties (NYSE:SRG) has a market capitalization of $417.42 million and generates $107.06 million in revenue each year. The financial services provider earns $-73,940,000.00 in net income (profit) each year or ($1.32) on an earnings per share basis.

How can I contact Seritage Growth Properties?

Seritage Growth Properties' mailing address is 500 FIFTH AVENUE SUITE 1530, NEW YORK NY, 10110. The official website for the company is www.seritage.com. The financial services provider can be reached via phone at (212) 355-7800 or via email at ir@seritage.com.

This page (NYSE:SRG) was last updated on 9/22/2023 by MarketBeat.com Staff

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