Seritage Growth Properties (SRG)

Market Cap	255.46M
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	422,612
Open	4.590
Previous Close	4.620
Day's Range	4.475 - 4.640
52-Week Range	4.370 - 9.920
Beta	2.57
Analysts	Strong Buy
Price Target	14.00 (+208.37%)
Earnings Date	Aug 12, 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....

• Industry: Real Estate Services
• Sector: Real Estate
• IPO Date: Jul 6, 2015
• Employees: 19
• Stock Exchange: NYSE
• Ticker Symbol: SRG

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.

Analyst Forecast

According to one analyst, the rating for SRG stock is "Strong Buy" and the 12-month stock price forecast is $14.0.

Price Target

$14.0

(208.37% upside)

Analyst Consensus: Strong Buy