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NYSE:SRG - Seritage Growth Properties Stock Price, Forecast & News

$8.03
-0.82 (-9.27 %)
(As of 03/27/2020 04:00 PM ET)
Today's Range
$7.34
Now: $8.03
$9.00
50-Day Range
$6.00
MA: $28.41
$38.57
52-Week Range
$5.00
Now: $8.03
$46.74
Volume1.99 million shs
Average Volume1.22 million shs
Market Capitalization$306.26 million
P/E RatioN/A
Dividend YieldN/A
Beta1.39
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.
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Seritage Growth Properties logo

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$168.63 million
Cash Flow$1.07 per share
Book Value$27.36 per share

Profitability

Net Income$-59,400,000.00

Miscellaneous

Employees69
Market Cap$306.26 million
Next Earnings Date5/7/2020 (Estimated)
OptionableOptionable

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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 COVID-19 reached pandemic status according to the World Health Organization. Since then, SRG stock has decreased by 68.6% and is now trading at $8.03. View which stocks have been mosted impacted by Coronavirus.

When is Seritage Growth Properties' next earnings date?

Seritage Growth Properties is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Seritage Growth Properties.

How were Seritage Growth Properties' earnings last quarter?

Seritage Growth Properties (NYSE:SRG) posted its quarterly earnings results on Thursday, May, 2nd. The financial services provider reported ($0.23) earnings per share for the quarter. The financial services provider earned $43.86 million during the quarter. Seritage Growth Properties had a negative net margin of 35.22% and a negative return on equity of 5.47%. View Seritage Growth Properties' earnings history.

Has Seritage Growth Properties been receiving favorable news coverage?

Media coverage about SRG stock has trended positive this week, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Seritage Growth Properties earned a daily sentiment score of 2.4 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutSeritage Growth Properties.

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 Zscaler (ZS), Pagerduty (PD), Walt Disney (DIS), Walmart (WMT), Starbucks (SBUX), Stitch Fix (SFIX), Westwater Resources (WWR), Fastly (FSLY), Honda Motor (HMC) and The Coca-Cola (KO).

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 number of retail and institutional investors. Top institutional investors include Hotchkis & Wiley Capital Management LLC (10.61%), State Street Corp (3.66%), Eagle Asset Management Inc. (3.57%), Geode Capital Management LLC (1.51%), Charles Schwab Investment Management Inc. (1.47%) and Bank of New York Mellon Corp (1.29%). 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.

Which major investors are selling Seritage Growth Properties stock?

SRG stock was sold by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., State Street Corp, Lee Danner & Bass Inc., First Trust Advisors LP, Jefferies Group LLC, Alberta Investment Management Corp, Bank of America Corp DE, and Zeke Capital Advisors LLC. 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 Real Estate Management Services LLC, Hotchkis & Wiley Capital Management LLC, Geode Capital Management LLC, Great West Life Assurance Co. Can, UBS Group AG, Charles Schwab Investment Management Inc., Barclays PLC, and Sumitomo Mitsui Trust Holdings Inc.. 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.

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 $8.03.

How big of a company is Seritage Growth Properties?

Seritage Growth Properties has a market capitalization of $306.26 million and generates $168.63 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:  2.0 out of 5 (star star)
Outperform Votes:  194 (Vote Outperform)
Underperform Votes:  286 (Vote Underperform)
Total Votes:  480
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 3/28/2020 by MarketBeat.com Staff

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