Seritage Growth Properties (SRG)
Market Cap | 345.49M |
Revenue (ttm) | 25.87M |
Net Income (ttm) | -116.81M |
Shares Out | 56.27M |
EPS (ttm) | -2.09 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 635,879 |
Open | 6.21 |
Previous Close | 6.21 |
Day's Range | 6.10 - 6.26 |
52-Week Range | 5.65 - 9.92 |
Beta | 2.62 |
Analysts | Strong Buy |
Price Target | 14.00 (+128.01%) |
Earnings Date | May 10, 2024 |
About SRG
Prior to the adoption of the Company's Plan of Sale, Seritage was principally engaged in the ownership, development, redevelopment, management, sale and leasing of diversified retail and mixed-use properties throughout the United States. Seritage will continue to actively manage each location until such time as each property is sold. As of December 31, 2023, the Company's portfolio consisted of interests in 32 properties comprised of approximately 4.1 million square feet of gross leasable area ("GLA") or build-to-suit leased area and 460 acres.... [Read more]
Financial Performance
In 2023, SRG's revenue was $20.78 million, a decrease of -80.59% compared to the previous year's $107.06 million. Losses were -$159.81 million, 102.7% more than in 2022.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for SRG stock is "Strong Buy" and the 12-month stock price forecast is $14.0.
News
IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Seritage Growth Properties and Encourages Investors to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Seritage Growth Pr...
IMPORTANT SHAREHOLDER ALERT: The Schall Law Firm Announces it is Investigating Claims Against Seritage Growth Properties and Encourages Investors to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Seritage Growth Pr...
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Seritage Growth Properties (SRG) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Seritage Growth P...
SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Seritage Growth Properties and Encourages Investors to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Seritage Growth Pr...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Seritage Growth Properties - SRG
NEW YORK , May 16, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Seritage Growth Properties ("Seritage" or the "Company") (NYSE: SRG). Such investors are advis...
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Seritage Growth Properties (SRG) on Behalf of Investors
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Seritage Growth Properties (“Seritage” or the “Company”) (NYSE: SRG) investors concerning the Com...
The Law Offices of Frank R. Cruz Announces Investigation of Seritage Growth Properties (SRG) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Seritage Growth Properties (“Seritage” or the “Company”) (NYSE: SRG) on behalf of investors concerning the ...
INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Seritage Growth Properties and Encourages Investors to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 15, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Seritage Growth Pr...
INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Seritage Growth Properties and Encourages Investors to Contact the Firm
LOS ANGELES , May 14, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Seritage Growth Prope...
Top 3 Real Estate Stocks That May Rocket Higher This Month - LuxUrban Hotels (NASDAQ:LUXH)
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
Seritage Growth Properties Reports First Quarter 2024 Operating Results
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties today reported financial and operating...
Seritage Growth Properties Makes $50 Million Loan Prepayment
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, today announced that between April 23...
Seritage Growth Properties Reports Fourth Quarter and Full Year 2023 Operating Results
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties today reported financial and operating...
Seritage Growth Properties Makes $30 Million Loan Prepayment
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, today announced that on January 30, 2...
Seritage Growth Properties Reports Third Quarter 2023 Operating Results
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties today reported financial and operating...
Seritage Growth Properties Makes $80 Million Loan Prepayment
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, today announced that on September 26,...
Seritage Growth Properties Reports Second Quarter 2023 Operating Results
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties today reported financial and operating...
Why Warren Buffett Steers Clear of Real Estate
“Real estate is not a commodity. I think it tends to be more accurately priced most of the time.
Seritage Growth Properties Makes $200 Million Loan Prepayment
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, today announced that on May 25, 2023,...
Seritage Growth Properties Reports First Quarter 2023 Operating Results
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties today reported financial and operating...
Seritage Growth Properties Provides Update on Q1 2023 Transaction Activity
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, today provided an update on the Compa...
Seritage Growth Properties Reports Fourth Quarter and Full Year 2022 Operating Results
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties today reported financial and operating...
SRG 2022 Year End Business Update
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, today provided an update on the Com...
Seritage Growth Properties Makes $100 Million Loan Prepayment
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, today announced that on November 30...
Seritage Growth Properties Reports Third Quarter 2022 Operating Results
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties today reported financial and operating...