Seritage Growth Properties (SRG)

NYSE: SRG · IEX Real-Time Price · USD
7.73
-0.05 (-0.64%)
Mar 24, 2023, 4:00 PM EDT - Market closed
-0.64%
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]

Industry REIT - Retail
Sector Real Estate
IPO Date Jul 6, 2015
Employees 40
Stock Exchange NYSE
Ticker Symbol SRG
Full Company Profile

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 Statements

News

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...

1 week ago - Business Wire

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...

1 month ago - Business Wire

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...

2 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

8 months ago - Business Wire

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...

9 months ago - InvestorPlace

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...

9 months ago - Business Wire

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...

10 months ago - GuruFocus

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...

11 months ago - Business Wire

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...

Other symbols: AMZN
11 months ago - Business Wire

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 ...

11 months ago - Business Wire

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...

1 year ago - Business Wire

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...

Other symbols: BXPVNO
1 year ago - GuruFocus

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

Other symbols: BABAMU
1 year ago - GuruFocus

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%.

1 year ago - GuruFocus

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...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

Other symbols: ANLE
1 year ago - GuruFocus