NYSE:SRGSeritage Growth Properties Stock Price, Forecast & News

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 60.7% and is now trading at $10.04. View which stocks have been most impacted by Coronavirus.

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.

Seritage Growth Properties is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Seritage Growth Properties.

Seritage Growth Properties (NYSE:SRG) released its earnings results on Thursday, May, 7th. The financial services provider reported ($0.59) earnings per share (EPS) for the quarter. The financial services provider earned $33.32 million during the quarter. Seritage Growth Properties had a negative net margin of 46.24% and a negative return on equity of 6.91%. View Seritage Growth Properties' earnings history.

1 analysts have issued 1 year price targets for Seritage Growth Properties' stock. Their forecasts range from $16.00 to $16.00. On average, they expect Seritage Growth Properties' share price to reach $16.00 in the next twelve months. This suggests a possible upside of 59.4% from the stock's current price. View analysts' price targets for Seritage Growth Properties.

Press coverage about SRG stock has been trending very negative on Friday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Seritage Growth Properties earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutSeritage Growth Properties.

Seritage Growth Properties saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 13,320,000 shares, an increase of 18.8% from the April 30th total of 11,210,000 shares. Based on an average daily trading volume, of 1,310,000 shares, the short-interest ratio is currently 10.2 days. Approximately 38.9% of the shares of the company are short sold. View Seritage Growth Properties' Current Options Chain.

Some companies that are related to Seritage Growth Properties include Office Properties Income Trust (OPI), Gazit Globe (GZTGF), Urban Edge Properties (UE), Getty Realty (GTY), Five Point (FPH), Forestar Group (FOR), Armada Hoffler Properties (AHH), HomeFed (HOFD), Ellington Financial (EFC), Front Yard Residential (RESI), FRP (FRPH), Tejon Ranch (TRC), Nam Tai Property (NTP), Retail Value (RVI) and Leju (LEJU). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Seritage Growth Properties investors own include Walt Disney (DIS), Coca-Cola (KO), Starbucks (SBUX), Skyworks Solutions (SWKS), Twilio (TWLO), Walmart (WMT), Zscaler (ZS), American Tower (AMT), Gilead Sciences (GILD) and Honda Motor (HMC).

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

Seritage Growth Properties' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include EdgePoint Investment Group Inc. (11.14%), BlackRock Inc. (8.09%), BloombergSen Inc. (7.26%), State Street Corp (4.14%), Geode Capital Management LLC (1.59%) and RBS Partners L.P. (1.56%). Company insiders that own Seritage Growth Properties stock include Edward S Lampert, James Edwin Bry, Macgeorge David and Sharon Osberg. View institutional ownership trends for Seritage Growth Properties.

SRG stock was sold by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., EdgePoint Investment Group Inc., Bank of New York Mellon Corp, CDAM UK Ltd, Morgan Stanley, Morgan Stanley, BloombergSen Inc., and Parametric Portfolio Associates LLC. View insider buying and selling activity for Seritage Growth Properties.

SRG stock was bought by a variety of institutional investors in the last quarter, including RBS Partners L.P., Wells Fargo & Company MN, State Street Corp, TCW Group Inc., JPMorgan Chase & Co., Voloridge Investment Management LLC, Stolper Co, and Nisa Investment Advisors LLC. Company insiders that have bought Seritage Growth Properties stock in the last two years include Edward S Lampert, and Sharon Osberg. View insider buying and selling activity for 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.

One share of SRG stock can currently be purchased for approximately $10.04.

Seritage Growth Properties has a market capitalization of $382.97 million and generates $168.63 million in revenue each year. Seritage Growth Properties employs 69 workers across the globe.

The official website for Seritage Growth Properties is www.seritage.com.

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]