Seritage Growth Properties (SRG)
Stock Price:
$13.62 USD
-0.53 (-3.75%)
Updated Oct 26, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
526.34M |
| Revenue (ttm) |
139.40M |
| Net Income (ttm) |
-56.12M |
| Shares Out |
38.64M |
| EPS (ttm) |
-1.64 |
| PE Ratio |
n/a |
| Forward PE |
n/a |
| Dividend |
$1.00 |
| Dividend Yield |
7.34% |
Stock Quote
| Trading Day |
Oct 26, 2020 |
| Last Price |
$13.62 |
| Previous Close |
$14.15 |
| Change ($) |
-0.53 |
| Change (%) |
-3.75% |
| Day's Open |
13.92 |
| Day's Range |
13.25 - 13.94 |
| Day's Volume |
425,480 |
| 52-Week Range |
5.00 - 45.70 |
More Stats
| Market Cap |
526.34M |
| Enterprise Value |
2.04B |
| Earnings Date (est) |
n/a |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
38.64M |
| Float |
34.27M |
| EPS (basic) |
-1.66 |
| EPS (diluted) |
-1.64 |
| FCF / Share |
-1.28 |
| Dividend |
$1.00 |
| Dividend Yield |
7.34% |
| Earnings Yield |
n/a |
| FCF Yield |
n/a |
| Payout Ratio |
n/a |
| Shares Short |
14.95M |
| Short Ratio |
20.84 |
| Short % of Float |
43.62% |
| Beta |
2.20 |
| PE Ratio |
n/a |
| Forward PE |
n/a |
| P/FCF Ratio |
n/a |
| PS Ratio |
3.78 |
| PB Ratio |
1.04 |
| Revenue |
139.40M |
| Operating Income |
-94.17M |
| Net Income |
-56.12M |
| Free Cash Flow |
-49.48M |
| Net Cash |
-1.52B |
| Net Cash / Share |
-39.26 |
| Gross Margin |
54.66% |
| Operating Margin |
-67.56% |
| Profit Margin |
-43.80% |
| FCF Margin |
-35.49% |
| ROA |
-2.11% |
| ROE |
-8.04% |
| ROIC |
0.90% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (1)
| Buy |
0 |
| Overweight |
0 |
| Hold |
1 |
| Underweight |
0 |
| Sell |
0 |
Low
16.0
Current: $13.62
High
16.0
Target: 16.00
*Average 12-month price target from 1 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 |
|---|
| Revenue | 169 | 215 | 241 | 249 |
| Revenue Growth | -21.48% | -10.9% | -3.08% | - |
| Gross Profit | 87.92 | 144 | 176 | 183 |
| Operating Income | -55.82 | -118 | -115 | -30.45 |
| Net Income | -59.40 | -73.47 | -73.75 | -51.56 |
| Shares Outstanding | 36.41 | 35.56 | 33.80 | 31.42 |
| Earnings Per Share | -1.77 | -2.20 | -2.19 | -1.64 |
| Dividend Per Share | 0.25 | 1.00 | 1.00 | 1.00 |
| Dividend Growth | -75% | 0% | 0% | - |
| Operating Cash Flow | -57.66 | 54.90 | 59.61 | 97.22 |
| Free Cash Flow | -57.66 | 54.90 | 59.61 | 97.22 |
| Cash & Equivalents | 139 | 533 | 417 | 140 |
| Total Debt | 1,598 | 1,598 | 1,346 | 1,167 |
| Net Cash / Debt | -1,459 | -1,065 | -928 | -1,027 |
| Assets | 2,751 | 2,876 | 2,776 | 2,712 |
| Liabilities | 1,707 | 1,726 | 1,455 | 1,288 |
| Book Value | 731 | 781 | 887 | 805 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Seritage Growth Properties |
| Country |
United States |
| Employees |
77 |
| CEO |
Benjamin W. Schall |
Stock Information
| Ticker Symbol |
SRG |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Real Estate |
| Industry |
REIT—Retail |
| Unique Identifier |
NYSE: SRG |
| IPO Date |
July 6, 2015 |
Description
Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 171 wholly-owned properties and 28 joint venture properties totaling approximately 31.6 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 consumers and local communities, and create long-term value for our shareholders.