NYSE:SRGSeritage Growth Properties Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Seritage Growth Properties Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $12.68 -1.02 (-7.45 %) (As of 08/12/2020 04:00 PM ET) Add Compare Share Today's Range$12.47Now: $12.68▼$14.8750-Day Range$9.24MA: $10.51▼$13.7052-Week Range$5.00Now: $12.68▼$45.70Volume1.88 million shsAverage Volume1.22 million shsMarket Capitalization$489.73 millionP/E RatioN/ADividend YieldN/ABeta1.89 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 206 wholly-owned properties and 26 joint venture properties totaling approximately 36.3 million square feet of space across 48 states and Puerto Rico. The Company was formed to unlock the underlying real estate value of a high-quality retail portfolio it acquired from Sears Holdings in July 2015. Pursuant to a master lease, the Company has the right to recapture certain space from Sears Holdings for retenanting or redevelopment purposes. The Company's mission is to create and own revitalized shopping, dining, entertainment and mixed-use destinations that provide enriched experiences for consumers and local communities, and create long-term value for our shareholders.Read More Beat the Market (BTM) Rank™ 3.0 Analyst's Opinion Consensus RatingSeritage Growth Properties has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.00, Seritage Growth Properties has a potential upside of 26.2% from its current price of $12.68.Amount of Analyst CoverageSeritage Growth Properties has received no research coverage in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesSeritage Growth Properties has received 194 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSeritage Growth Properties has received 289 “underperform” votes. (Add your “underperform” vote.)Community SentimentSeritage Growth Properties has received 59.83% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Seritage Growth Properties and other stocks. Vote “Outperform” if you believe SRG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SRG will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldSeritage Growth Properties does not currently pay a dividend.Dividend GrowthSeritage Growth Properties does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Seritage Growth Properties insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.06% of the stock of Seritage Growth Properties is held by insiders.Percentage Held by Institutions94.46% of the stock of Seritage Growth Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Seritage Growth Properties is -7.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Seritage Growth Properties is -7.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSeritage Growth Properties has a P/B Ratio of 0.46. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.0Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.33 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate Sub-IndustryN/A SectorFinance Current SymbolNYSE:SRG Previous Symbol CUSIPN/A CIK1628063 Webwww.seritage.com Phone212-355-7800Debt Debt-to-Equity Ratio1.58 Current Ratio3.94 Quick Ratio3.94Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$168.63 million Price / Sales2.90 Cash Flow$1.34 per share Price / Cash Flow9.45 Book Value$27.36 per share Price / Book0.46Profitability EPS (Most Recent Fiscal Year)N/A Net Income$-59,400,000.00 Net Margins-40.26% Return on Equity-5.37% Return on Assets-2.03%Miscellaneous Employees69 Outstanding Shares38,622,000Market Cap$489.73 million Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $12.68 -1.02 (-7.45 %) (As of 08/12/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive SRG News and Ratings via Email Sign-up to receive the latest news and ratings for SRG and its competitors with MarketBeat's FREE daily newsletter. Seritage Growth Properties (NYSE:SRG) Frequently Asked Questions How has Seritage Growth Properties' stock been impacted by COVID-19? Seritage Growth Properties' stock was trading at $25.57 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SRG shares have decreased by 50.4% and is now trading at $12.68. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Seritage Growth Properties? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Seritage Growth Properties in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Seritage Growth Properties. When is Seritage Growth Properties' next earnings date? Seritage Growth Properties is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020. View our earnings forecast for Seritage Growth Properties. How were Seritage Growth Properties' earnings last quarter? Seritage Growth Properties (NYSE:SRG) issued its quarterly earnings data on Thursday, May, 2nd. The financial services provider reported ($0.23) earnings per share (EPS) for the quarter. The financial services provider had revenue of $43.86 million for the quarter. Seritage Growth Properties had a negative net margin of 40.26% and a negative return on equity of 5.37%. View Seritage Growth Properties' earnings history. What price target have analysts set for SRG? 1 analysts have issued 12 month price targets for Seritage Growth Properties' shares. Their forecasts range from $16.00 to $16.00. On average, they expect Seritage Growth Properties' stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 26.2% from the stock's current price. View analysts' price targets for Seritage Growth Properties. Has Seritage Growth Properties been receiving favorable news coverage? Press coverage about SRG stock has trended somewhat negative on Wednesday, according to InfoTrie. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Seritage Growth Properties earned a media sentiment score of -1.2 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Seritage Growth Properties. Are investors shorting Seritage Growth Properties? Seritage Growth Properties saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 13,320,000 shares, an increase of 18.8% from the April 15th total of 11,210,000 shares. Based on an average daily trading volume, of 1,310,000 shares, the days-to-cover ratio is presently 10.2 days. Currently, 38.9% of the shares of the stock are sold short. View Seritage Growth Properties' Short Interest. Who are some of Seritage Growth Properties' key competitors? Some companies that are related to Seritage Growth Properties include Shanghai Industrial (SGHIY), Urban Edge Properties (UE), Getty Realty (GTY), Office Properties Income Trust (OPI), Forestar Group (FOR), Gazit Globe (GZTGF), Armada Hoffler Properties (AHH), Five Point (FPH), HomeFed (HOFD), Ellington Financial (EFC), Front Yard Residential (RESI), FRP (FRPH), Tejon Ranch (TRC), Leju (LEJU) and Nam Tai Property (NTP). View all competitors. 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), Mcdonald's (MCD), Skyworks Solutions (SWKS), Twilio (TWLO), American Tower (AMT), Bank of America (BAC), Fastly (FSLY), Coca-Cola (KO) and NextEra Energy (NEE). Who are Seritage Growth Properties' key executives? Seritage Growth Properties' management team includes the following people: Mr. Benjamin W. Schall, Pres, CEO & Trustee (Age 44)Mr. Brian Robert Dickman, Exec. VP & CFO (Age 43)Mr. Kenneth T. Lombard, Exec. VP & COO (Age 64)Mr. Matthew E. Fernand, Exec. VP, Gen. Counsel & Sec. (Age 42)Mr. James Edwin Bry, Exec. VP of Devel. & Construction (Age 51) 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 BloombergSen Inc. (4.38%), Aew Capital Management L P (1.61%), Goldman Sachs Group Inc. (1.23%), NN Investment Partners Holdings N.V. (0.46%), Bank of New York Mellon Corp (0.43%) and Barclays PLC (0.42%). Company insiders that own Seritage Growth Properties stock include Edward S Lampert, James Edwin Bry and Macgeorge David. View institutional ownership trends for Seritage Growth Properties. Which institutional investors are selling Seritage Growth Properties stock? SRG stock was sold by a variety of institutional investors in the last quarter, including BloombergSen Inc., Goldman Sachs Group Inc., Ingalls & Snyder LLC, Real Estate Management Services LLC, Nisa Investment Advisors LLC, Natixis Advisors L.P., NN Investment Partners Holdings N.V., and Zurcher Kantonalbank Zurich Cantonalbank . View insider buying and selling activity for Seritage Growth Properties. Which institutional investors are buying Seritage Growth Properties stock? SRG stock was acquired by a variety of institutional investors in the last quarter, including Aew Capital Management L P, O Keefe Stevens Advisory Inc., Barclays PLC, WINTON GROUP Ltd, Leap Investments LP, Swiss National Bank, US Bancorp DE, and Sumitomo Mitsui Trust Holdings Inc.. View insider buying and selling activity for Seritage Growth Properties. How do I buy shares of Seritage Growth Properties? Shares of SRG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Seritage Growth Properties' stock price today? One share of SRG stock can currently be purchased for approximately $12.68. How big of a company is Seritage Growth Properties? Seritage Growth Properties has a market capitalization of $489.73 million and generates $168.63 million in revenue each year. Seritage Growth Properties employs 69 workers across the globe. What is Seritage Growth Properties' official website? The official website for Seritage Growth Properties is www.seritage.com. How can I contact Seritage Growth Properties? Seritage Growth Properties' mailing address is 500 FIFTH AVENUE SUITE 1530, NEW YORK NY, 10110. The financial services provider can be reached via phone at 212-355-7800 or via email at [email protected] This page was last updated on 8/12/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
