Seritage Growth Properties (SRG)
| Market Cap | 433.34M |
| Revenue (ttm) | 107.06M |
| Net Income (ttm) | -78.85M |
| Shares Out | 56.06M |
| EPS (ttm) | -1.59 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,289,432 |
| Open | 7.64 |
| Previous Close | 7.78 |
| Day's Range | 7.39 - 7.88 |
| 52-Week Range | 4.90 - 14.52 |
| Beta | 2.73 |
| Analysts | Sell |
| Price Target | n/a |
| Earnings Date | May 9, 2023 |
About SRG
Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 166 wholly-owned properties and 29 unconsolidated properties totaling approximately 30.4 million square feet of space across 44 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. The Company's mission is to create and own revitalized shopping, dining, entertainment and mixed-use destinations that provide enriched experiences for consu... [Read more]
Financial Performance
In 2022, SRG's revenue was $107.06 million, a decrease of -8.25% compared to the previous year's $116.68 million. Losses were -$78.85 million, 138.6% more than in 2021.
Financial StatementsNews
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 $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 December 29...
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...
Seritage Growth Properties Makes $110 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 October 28, 2...
Seritage Growth Properties Makes $70 Million Loan Prepayment
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of 150 retail, residential and mixed-use properties, today announced that on September...
Seritage Growth Properties Reports Second Quarter 2022 Operating Results
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of 150 retail, residential and mixed-use properties today reported financial and opera...
Seritage Growth (SRG) Stock Pops 50% on Sale Proposal
The stock of Seritage Growth Properties is up an impressive 50% today after the real estate company encouraged shareholders to vote in favor of a sale proposal. The post Seritage Growth (SRG) Stock Po...
Seritage Growth Properties Files Preliminary Proxy Materials
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of 161 retail, residential and mixed-use properties, today filed its preliminary proxy...
What We Can Learn From Berkshire's Seritage Trade
One of the advantages Berkshire Hathaway ( BRK.A , Financial) ( BRK.B , Financial) has over other investment firms is the ability to structure investments in ways that create an outside payoff for the...
Seritage Growth Properties Reports First Quarter 2022 Operating Results
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of 161 retail, residential and mixed-use properties today reported financial and opera...
Seritage Growth Properties Signs 123,000 Square Foot Lease with Amazon at The Collection at UTC
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”) a national owner and developer of 170 residential and mixed-use properties, and Invesco Real Estate, a global real est...
Seritage Growth Properties Appoints Three New Members to Its Board of Trustees
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE:SRG) (the “Company” or “Seritage”), a national owner and developer of 170 residential, retail and mixed-use properties, today announced the ...
Seritage Growth Properties Announces Termination of REIT Election
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of 162 retail, residential and mixed-use properties, today announced that its Board of...
Real Estate Assets for Rising Inflation
Investing in hard assets like real estate and infrastructure is one of the best known ways to overcome inflationary forces. That is why I have been looking across the market to find attractive real es...
Seritage Growth Properties Reports Fourth Quarter and Full Year 2021 Operating Results
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of 162 retail, residential and mixed-use properties today reported financial and opera...
Seritage Growth Properties Announces Fourth Quarter 2021 Earnings Release Date
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE:SRG) announced today that it will release its fourth quarter 2021 financial and operating results in a press release on Tuesday, March 15, 2...
Seritage Growth Properties Announces Comprehensive Review of Strategic Alternatives
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE:SRG) (the “Company” or “Seritage”), a national owner and developer of 170 residential, retail and mixed-use properties, today announced that...
Pabrai's Top Holding Seritage Sours in 2021
Mohnish Pabrai (Trades, Portfolio), managing partner of Pabrai Investment Funds, disclosed this week that his firm slashed more than a quarter of its stake in Seritage Growth Properties ( SRG , Financ...
Monish Pabrai Slims Seritage Growth Properties Stake
Renowned investor Mohnish Pabrai (Trades, Portfolio) revealed earlier this week he trimmed his stake in Seritage Growth Properties ( SRG , Financial) by 26.98%.
Seritage Growth Properties Appoints John Garilli as Interim CFO
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of 170 retail, residential and mixed-use properties, today announced that John Garilli...
Seritage Growth Properties Makes $160 Million Loan Prepayment
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of 170 retail, residential and mixed-use properties, today announced that on December ...
Seritage Growth Properties Promotes Eric Dinenberg to Chief Operating Officer
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of 170 retail, residential and mixed-use properties, today announced that Eric Dinenbe...
Lampert Demolishes Seritage Growth Properties Holding Alongside AutoNation Reduction
Edward Lampert (Trades, Portfolio), founder of RBS Partners, has revealed his fund's portfolio for the third quarter of 2021. The fund's two trades include selling out of a position in Seritage Growth...