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: $44.59
  • 50 Day Moving Average: $48.46
  • 200 Day Moving Average: $47.83
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 25.63
  • P/E Growth: 0.00
  • Market Cap: $1.41B
  • Outstanding Shares: 31,598,000
Additional Links:
Companies Related to Seritage Growth Properties:

Analyst Ratings

Consensus Ratings for Seritage Growth Properties (NYSE:SRG) (?)
Ratings Breakdown: 1 Sell Rating
Consensus Rating:Sell (Score: 1.00)
Consensus Price Target: $38.00 (14.78% downside)

Analysts' Ratings History for Seritage Growth Properties (NYSE:SRG)
Show:
DateFirmActionRatingPrice TargetDetails
4/19/2016Boenning ScattergoodInitiated CoverageUnderperform$38.00View Rating Details
(Data available from 8/27/2014 forward)

Earnings

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

Estimates

Earnings Estimates for Seritage Growth Properties (NYSE:SRG)
Current Year EPS Consensus Estimate: $2.11 EPS
Next Year EPS Consensus Estimate: $1.74 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$0.55$0.55$0.55
Q4 20161$0.46$0.46$0.46
Q1 20171$0.47$0.47$0.47
Q2 20171$0.48$0.48$0.48
Q3 20171$0.42$0.42$0.42
Q4 20171$0.37$0.37$0.37
Q1 20181$0.38$0.38$0.38
Q2 20181$0.38$0.38$0.38
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Seritage Growth Properties (NYSE:SRG)
Annual Dividend:$1.00
Dividend Yield:2.24%
Payout Ratio:-82.64% (Based on Trailing 12 Months of Earnings)
47.39% (Based on Current Year Consensus EPS Estimate)
57.47% (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 Date
5/4/2016Quarterly$0.256/28/20166/30/20167/14/2016
3/9/2016$0.253/29/20163/31/20164/14/2016
12/18/2015Annual$0.5012/29/201512/31/20151/14/2016
(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 TransactionDetails
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)

Headlines

Latest Headlines for Seritage Growth Properties (NYSE:SRG)
DateHeadline
News IconNoteworthy Thursday Option Activity: BREW, SRG, TLYS (NYSE:SRG)
www.stockoptionschannel.com - August 26 at 7:12 PM
nasdaq.com logoSeritage Growth Properties (SRG) Shares Cross Below 200 DMA (NYSE:SRG)
www.nasdaq.com - August 26 at 7:12 PM
seekingalpha.com logoTracking Bruce Berkowitz's Fairholme Portfolio - Q2 2016 Update (NYSE:SRG)
seekingalpha.com - August 17 at 10:33 AM
seekingalpha.com logoLands' End Is A Long Shot From Being Sears' Most Valuable Spin-Off (NYSE:SRG)
seekingalpha.com - August 16 at 7:39 PM
finance.yahoo.com logoSERITAGE GROWTH PROPERTIES Financials (NYSE:SRG)
finance.yahoo.com - August 16 at 7:39 PM
capitalcube.com logoSNAM SpA :SRG-IT: Earnings Analysis: Q2, 2016 By the Numbers : August 9, 2016 (NYSE:SRG)
www.capitalcube.com - August 9 at 10:52 AM
capitalcube.com logoETF’s with exposure to Seritage Growth Properties : August 5, 2016 (NYSE:SRG)
www.capitalcube.com - August 5 at 7:46 PM
businesswire.com logoSeritage Growth Properties Reports Second Quarter 2016 Operating Results (NYSE:SRG)
www.businesswire.com - August 4 at 7:59 PM
sg.finance.yahoo.com logoSeritage Growth Properties reports 2Q results (NYSE:SRG)
sg.finance.yahoo.com - August 4 at 7:59 PM
biz.yahoo.com logoQ2 2016 Seritage Growth Properties Earnings Release - After Market Close (NYSE:SRG)
biz.yahoo.com - August 4 at 10:47 AM
capitalcube.com logoSeritage Growth Properties breached its 50 day moving average in a Bearish Manner : SRG-US : August 4, 2016 (NYSE:SRG)
www.capitalcube.com - August 4 at 10:47 AM
publicnow.com logoH1 Financial report as at June 30th, 2015 (NYSE:SRG)
www.publicnow.com - August 3 at 7:57 PM
finance.yahoo.com logoSeritage Growth Properties Announces Third Quarter 2016 Dividend (NYSE:SRG)
finance.yahoo.com - August 2 at 7:56 PM
biz.yahoo.com logoSERITAGE GROWTH PROPERTIES Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:SRG)
biz.yahoo.com - August 2 at 7:56 PM
nasdaq.com logoSeritage Growth Properties (SRG) Passes Through 2% Yield Mark (NYSE:SRG)
www.nasdaq.com - July 27 at 7:59 PM
capitalcube.com logoSRG Ltd. :SRG-AU: Earnings Analysis: For the six months ended December 31, 2015 : July 27, 2016 (NYSE:SRG)
www.capitalcube.com - July 27 at 1:59 AM
publicnow.com logo2016 half-year results (NYSE:SRG)
www.publicnow.com - July 25 at 9:58 AM
finance.yahoo.com logoSeritage Growth Properties Announces Second Quarter 2016 Earnings Release Date (NYSE:SRG)
finance.yahoo.com - July 21 at 6:45 AM
benzinga.com logoMalls Booting Department Stores In Favor Of Smaller Retailers (NYSE:SRG)
www.benzinga.com - July 11 at 11:34 AM
publicnow.com logoHalf-year statement of the liquidity contract subscribed with CM-CIC Securities on 2018 bonds (FR 0011376649) (NYSE:SRG)
www.publicnow.com - July 8 at 11:41 AM
publicnow.com 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)
www.publicnow.com - July 8 at 11:31 AM
publicnow.com logoHalf-year statement of the liquidity contract subscibed with Invest Securities (NYSE:SRG)
www.publicnow.com - July 8 at 11:31 AM
nasdaq.com logo'Class A' Mall REITs Standing Tall (NYSE:SRG)
www.nasdaq.com - July 1 at 7:35 PM
seekingalpha.com logoSears Almost In Checkmate; It Must Pawn More Stores To Stay In The Game (NYSE:SRG)
seekingalpha.com - July 1 at 10:16 AM
News IconIs Sears Doomed for Bankruptcy in the Second Half of 2016? (SHLD) (NYSE:SRG)
moneymorning.com - June 30 at 7:47 PM
capitalcube.com logoSeritage Growth Properties breached its 50 day moving average in a Bearish Manner : SRG-US : June 27, 2016 (NYSE:SRG)
www.capitalcube.com - June 27 at 10:00 AM
publicnow.com logoPursuit of the Public Offer's review (NYSE:SRG)
www.publicnow.com - June 20 at 4:19 AM
bizjournals.com logoFuture retail center attracting 'significant interest' (NYSE:SRG)
www.bizjournals.com - June 2 at 8:02 PM
seekingalpha.com logoSeritage Growth Properties: The Sears Problem Is Getting Worse (NYSE:SRG)
seekingalpha.com - June 2 at 8:02 PM
capitalcube.com logoSNAM SpA :SRG-IT: Earnings Analysis: Q1, 2016 By the Numbers : June 1, 2016 (NYSE:SRG)
www.capitalcube.com - June 1 at 7:32 AM
publicnow.com logoMeeting of the Supervisory Board on May 25th, 2016 (NYSE:SRG)
www.publicnow.com - May 26 at 3:57 AM
publicnow.com logoProject of Gecina's offer (NYSE:SRG)
www.publicnow.com - May 23 at 4:56 AM
capitalcube.com logoSRG Ltd. :SRG-AU: Earnings Analysis: For the six months ended December 31, 2015 : May 18, 2016 (NYSE:SRG)
www.capitalcube.com - May 18 at 7:56 AM
seekingalpha.com logoThe Seritage Long-Term Plan Is Working - Now Monish Pabrai Has Joined The Party (NYSE:SRG)
seekingalpha.com - May 17 at 1:43 PM
thestreet.com logoInvest Like Warren Buffett and Seth Klarman (NYSE:SRG)
realmoney.thestreet.com - May 17 at 1:00 PM
seekingalpha.com logoTracking Mohnish Pabrai's Portfolio - Q1 2016 Update (NYSE:SRG)
seekingalpha.com - May 15 at 1:00 PM
nasdaq.com logoOversold Conditions For Seritage Growth Properties (SRG) (NYSE:SRG)
www.nasdaq.com - May 12 at 12:52 PM
publicnow.com logoInformation concerning the ex-dividend date (NYSE:SRG)
www.publicnow.com - May 12 at 11:17 AM
biz.yahoo.com logoSERITAGE GROWTH PROPERTIES Files SEC form 10-Q, Quarterly Report (NYSE:SRG)
biz.yahoo.com - May 6 at 4:08 PM
sg.finance.yahoo.com logoSeritage Growth Properties reports 1Q results (NYSE:SRG)
sg.finance.yahoo.com - May 5 at 5:32 PM
finance.yahoo.com logoSeritage Growth Properties Reports First Quarter 2016 Operating Results (NYSE:SRG)
finance.yahoo.com - May 5 at 4:05 PM
biz.yahoo.com logoSERITAGE GROWTH PROPERTIES Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events, Fin (NYSE:SRG)
biz.yahoo.com - May 4 at 3:42 PM
finance.yahoo.com logoSeritage Growth Properties Announces Second Quarter 2016 Dividend (NYSE:SRG)
finance.yahoo.com - May 4 at 6:45 AM
blogs.barrons.com logoSears: ‘Mass Store Closures’ and a ‘Jump Ball’ For Market Share (NYSE:SRG)
blogs.barrons.com - May 3 at 12:42 PM
blogs.barrons.com logoSears: 'Mass Store Closures' and a 'Jump Ball' For Market Share (NYSE:SRG)
blogs.barrons.com - May 3 at 10:54 AM
publicnow.com logoCorrected information concerning the ex-dividend date (NYSE:SRG)
www.publicnow.com - April 18 at 9:22 AM
publicnow.com logoFiling of a draft information note in response to the offer initiated by Eurosic (NYSE:SRG)
www.publicnow.com - April 13 at 5:41 AM
feeds.reuters.com logoBRIEF-Empyrean Capital Partners reports 5.3 pct passive stake in Seritage Growth Properties as of April 7 (NYSE:SRG)
feeds.reuters.com - April 11 at 7:41 PM
finance.yahoo.com logoCharlie Munger: Worldly Wisdom (NYSE:SRG)
finance.yahoo.com - April 4 at 7:00 PM
thestreet.com logoMy 'Winning Value Portfolio' Won Big (NYSE:SRG)
realmoney.thestreet.com - April 4 at 4:00 PM

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Seritage Growth Properties (NYSE:SRG) Chart for Saturday, August, 27, 2016


Last Updated on 8/27/2016 by MarketBeat.com Staff