Seritage Growth Properties Stock Price, News & Analysis (NYSE:SRG)

$43.73
+0.17 (+0.39 %)
(As of 09/20/2019 10:04 AM ET)
Today's Range
$43.73
Now: $43.73
$43.73
50-Day Range
$38.24
MA: $40.33
$43.79
52-Week Range
$30.60
Now: $43.73
$49.86
Volume100 shs
Average Volume182,162 shs
Market Capitalization$1.67 billion
P/E RatioN/A
Dividend Yield1.72%
Beta1.51
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. Read More…

Industry, Sector and Symbol

Industry Real estate
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-355-7800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$214.75 million
Cash Flow$4.4127 per share
Book Value$31.10 per share

Profitability

Net Income$-73,470,000.00

Miscellaneous

Employees69
Market Cap$1.67 billion
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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

What is Seritage Growth Properties' stock symbol?

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

How often does Seritage Growth Properties pay dividends? What is the dividend yield for Seritage Growth Properties?

Seritage Growth Properties declared a quarterly dividend on Tuesday, February 26th. Shareholders of record on Friday, March 29th will be given a dividend of $0.25 per share on Thursday, April 11th. This represents a $1.00 annualized dividend and a yield of 2.29%. The ex-dividend date is Thursday, March 28th. View Seritage Growth Properties' Dividend History.

How were Seritage Growth Properties' earnings last quarter?

Seritage Growth Properties (NYSE:SRG) issued its quarterly earnings data on Thursday, August, 1st. The financial services provider reported ($0.50) earnings per share for the quarter. The financial services provider had revenue of $40.51 million for the quarter. Seritage Growth Properties had a negative return on equity of 8.74% and a negative net margin of 51.46%. View Seritage Growth Properties' Earnings History.

When is Seritage Growth Properties' next earnings date?

Seritage Growth Properties is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Seritage Growth Properties.

Has Seritage Growth Properties been receiving favorable news coverage?

News coverage about SRG stock has been trending negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing 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 positive five, with scores closest to five being the most favorable. Seritage Growth Properties earned a news impact score of -2.9 on InfoTrie's scale. They also assigned news stories 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 effect on the company's share price in the next several days. View News Stories for Seritage Growth Properties.

Are investors shorting Seritage Growth Properties?

Seritage Growth Properties saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 11,218,300 shares, an increase of 5.1% from the July 31st total of 10,669,000 shares. Based on an average daily trading volume, of 189,300 shares, the days-to-cover ratio is currently 59.3 days. Approximately 33.3% of the company's shares are sold short. View Seritage Growth Properties' Current Options Chain.

Who are some of Seritage Growth Properties' key 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 Westwater Resources (WWR), General Electric (GE), Honda Motor (HMC), AT&T (T), Primero Mining (PPPMF), LeadFX (LFX), Seagate Technology (STX), Comerica (CMA), General Mills (GIS) and Verizon Communications (VZ).

Who are Seritage Growth Properties' key executives?

Seritage Growth Properties' management team includes the folowing 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)

Who are Seritage Growth Properties' major shareholders?

Seritage Growth Properties' stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.70%), BlackRock Inc. (7.22%), Eagle Asset Management Inc. (4.04%), Morgan Stanley (1.92%), AXA (1.65%) and Northern Trust Corp (1.31%). Company insiders that own Seritage Growth Properties stock include Bruce R Berkowitz, Edward S Lampert, James Edwin Bry, John Mcclain, Kenneth T Lombard, Salle Benoit La and Sharon Osberg. 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 BlackRock Inc., AXA, RBS Partners L.P., Vanguard Group Inc., Bank of New York Mellon Corp, Bank of Montreal Can, Wells Fargo & Company MN and SG Americas Securities LLC. View Insider Buying and Selling 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 Nuveen Asset Management LLC, JPMorgan Chase & Co., Virginia Retirement Systems ET AL, First Trust Advisors LP, Sumitomo Mitsui Trust Holdings Inc., Northern Trust Corp, Gamco Investors INC. ET AL and Bank of America Corp DE. Company insiders that have bought Seritage Growth Properties stock in the last two years include Edward S Lampert, John Mcclain, Kenneth T Lombard, Salle Benoit La and Sharon Osberg. View Insider Buying and Selling 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 $43.73.

How big of a company is Seritage Growth Properties?

Seritage Growth Properties has a market capitalization of $1.67 billion and generates $214.75 million in revenue each year. Seritage Growth Properties employs 69 workers across the globe.View Additional Information About Seritage Growth Properties.

What is Seritage Growth Properties' official website?

The official website for Seritage Growth Properties is http://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]


MarketBeat Community Rating for Seritage Growth Properties (NYSE SRG)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  184 (Vote Outperform)
Underperform Votes:  255 (Vote Underperform)
Total Votes:  439
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.
This page was last updated on 9/20/2019 by MarketBeat.com Staff

Featured Article: What is a Lock-Up Period?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel