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 $10.29 +0.59 (+6.08 %) (As of 08/6/2020 12:10 PM ET) Add Compare Share Today's Range$9.68Now: $10.29▼$10.9250-Day Range$9.24MA: $10.72▼$14.5752-Week Range$5.00Now: $10.29▼$45.70Volume48,958 shsAverage Volume812,812 shsMarket Capitalization$397.40 millionP/E RatioN/ADividend YieldN/ABeta1.88 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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 59.7% from its current price of $10.02.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 -4.73, 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 -4.73, 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 0.37. 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 / Sales2.36 Cash Flow$1.28 per share Price / Cash Flow8.06 Book Value$27.36 per share Price / Book0.38Profitability EPS (Most Recent Fiscal Year)N/A Net Income$-59,400,000.00 Net Margins-46.24% Return on Equity-6.91% Return on Assets-2.63%Miscellaneous Employees69 Outstanding Shares38,620,000Market Cap$397.40 million Next Earnings Date8/6/2020 (Confirmed) OptionableOptionable $10.29 +0.59 (+6.08 %) (As of 08/6/2020 12:10 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 (Coronavirus)? Seritage Growth Properties' stock was trading at $25.57 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SRG shares have decreased by 59.8% and is now trading at $10.29. View which stocks have been most impacted by Coronavirus. 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, August 6th 2020. View our earnings forecast for Seritage Growth Properties. How were Seritage Growth Properties' earnings last quarter? Seritage Growth Properties (NYSE:SRG) posted its earnings results on Thursday, May, 2nd. The financial services provider reported ($0.23) EPS for the quarter. The financial services provider earned $43.86 million during the quarter. Seritage Growth Properties had a negative return on equity of 6.91% and a negative net margin of 46.24%. View Seritage Growth Properties' earnings history. What price target have analysts set for SRG? 1 Wall Street analysts have issued 1 year price objectives 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 year. This suggests a possible upside of 55.5% from the stock's current price. View analysts' price targets for Seritage Growth Properties. Has Seritage Growth Properties been receiving favorable news coverage? Media headlines about SRG stock have trended negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Seritage Growth Properties earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Seritage Growth Properties. Are investors shorting Seritage Growth Properties? Seritage Growth Properties saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 15,230,000 shares, a decline of 15.7% from the June 15th total of 18,060,000 shares. Based on an average daily trading volume, of 1,960,000 shares, the short-interest ratio is presently 7.8 days. Currently, 44.5% of the company's shares are short sold. View Seritage Growth Properties' Current Options Chain. Who are some of Seritage Growth Properties' key competitors? Some companies that are related to Seritage Growth Properties include Getty Realty (GTY), Office Properties Income Trust (OPI), Urban Edge Properties (UE), Forestar Group (FOR), Gazit Globe (GZTGF), Armada Hoffler Properties (AHH), Five Point (FPH), HomeFed (HOFD), Ellington Financial (EFC), Front Yard Residential (RESI), Leju (LEJU), Tejon Ranch (TRC), FRP (FRPH), Nam Tai Property (NTP) and BBX Capital (BBX). 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), Coca-Cola (KO), Starbucks (SBUX), Skyworks Solutions (SWKS), Twilio (TWLO), Walmart (WMT), Zscaler (ZS), American Tower (AMT), Gilead Sciences (GILD) and Honda Motor (HMC). 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 a variety of retail and institutional investors. Top institutional investors include Aew Capital Management L P (1.61%), NN Investment Partners Holdings N.V. (0.46%), O Keefe Stevens Advisory Inc. (0.36%), WINTON GROUP Ltd (0.32%), Ingalls & Snyder LLC (0.24%) and Swiss National Bank (0.21%). 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 major investors are selling Seritage Growth Properties stock? SRG stock was sold by a variety of institutional investors in the last quarter, including Ingalls & Snyder LLC, Real Estate Management Services LLC, Nisa Investment Advisors LLC, NN Investment Partners Holdings N.V., Zurcher Kantonalbank Zurich Cantonalbank , SG Americas Securities LLC, and UBS Group AG. View insider buying and selling activity for Seritage Growth Properties. Which major 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., WINTON GROUP Ltd, Leap Investments LP, Swiss National Bank, Sumitomo Mitsui Trust Holdings Inc., Zweig DiMenna Associates LLC, and Mitsubishi UFJ Kokusai Asset Management Co. Ltd.. 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 $10.29. How big of a company is Seritage Growth Properties? Seritage Growth Properties has a market capitalization of $397.40 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 8/6/2020 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
