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Seritage Growth Properties (SRG) Stock Price, News & Analysis

Seritage Growth Properties logo
$4.04 -0.02 (-0.49%)
(As of 12/20/2024 04:33 PM ET)

About Seritage Growth Properties Stock (NYSE:SRG)

Key Stats

Today's Range
$4.01
$4.13
50-Day Range
$3.92
$4.60
52-Week Range
$3.63
$9.87
Volume
657,918 shs
Average Volume
398,523 shs
Market Capitalization
$227.32 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

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. The portfolio consists of approximately 2.8 million square feet of GLA and 326 held by 23 wholly owned properties (such properties, the Consolidated Properties) and 1.2 million square feet of GLA and 134 acres held by nine unconsolidated entities (such properties, the Unconsolidated Properties).

Seritage Growth Properties Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
10th Percentile Overall Score

SRG MarketRank™: 

Seritage Growth Properties scored higher than 10% of companies evaluated by MarketBeat, and ranked 917th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Seritage Growth Properties.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Seritage Growth Properties is -1.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Seritage Growth Properties is -1.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Seritage Growth Properties has a P/B Ratio of 0.40. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    16.84% of the float of Seritage Growth Properties has been sold short.
  • Short Interest Ratio / Days to Cover

    Seritage Growth Properties has a short interest ratio ("days to cover") of 26.3, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Seritage Growth Properties has recently decreased by 1.93%, indicating that investor sentiment is improving.
  • Percentage of Shares Shorted

    16.84% of the float of Seritage Growth Properties has been sold short.
  • Short Interest Ratio / Days to Cover

    Seritage Growth Properties has a short interest ratio ("days to cover") of 26.3, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Seritage Growth Properties has recently decreased by 1.93%, indicating that investor sentiment is improving.
  • News Sentiment

    Seritage Growth Properties has a news sentiment score of 1.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Seritage Growth Properties this week, compared to 3 articles on an average week.
  • Search Interest

    1 people have searched for SRG on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Seritage Growth Properties insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.46% of the stock of Seritage Growth Properties is held by insiders.

  • Percentage Held by Institutions

    78.93% of the stock of Seritage Growth Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Seritage Growth Properties' insider trading history.
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SRG Stock News Headlines

Seritage Reduces Debt with $15 Million Prepayment
We recommended Palantir in 2021, now we’re recommending this...
My research indicates there is only one investment that can meet AI's unprecedented demand for energy.
Seritage Growth Properties Reports Q3 2024 Financial Results
Seritage Reduces Debt with $25 Million Prepayment
See More Headlines

SRG Stock Analysis - Frequently Asked Questions

Seritage Growth Properties' stock was trading at $9.35 on January 1st, 2024. Since then, SRG shares have decreased by 56.8% and is now trading at $4.04.
View the best growth stocks for 2024 here
.

Seritage Growth Properties (NYSE:SRG) announced its quarterly earnings results on Thursday, May, 2nd. The financial services provider reported ($0.23) earnings per share (EPS) for the quarter. The financial services provider had revenue of $43.86 million for the quarter. Seritage Growth Properties had a negative trailing twelve-month return on equity of 10.60% and a negative net margin of 618.09%.

Seritage Growth Properties' top institutional investors include Hotchkis & Wiley Capital Management LLC (8.10%), Bank of Montreal Can (1.78%), Littlejohn & Co. LLC (1.65%) and PEAK6 Investments LLC. Insiders that own company stock include Edward S Lampert and Yakira Capital Management, Inc.
View institutional ownership trends
.

Shares of SRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Seritage Growth Properties investors own include Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA), Alphabet (GOOG), Visa (V), Home Depot (HD) and Advanced Micro Devices (AMD).

Company Calendar

Last Earnings
5/02/2019
Today
12/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate
Sub-Industry
Real Estate
Fax
N/A
Employees
19
Year Founded
2015

Profitability

Net Income
$-154,910,000.00
Net Margins
-618.09%
Pretax Margin
-611.07%

Debt

Sales & Book Value

Annual Sales
$22.41 million
Book Value
$10.02 per share

Miscellaneous

Free Float
56,009,000
Market Cap
$227.32 million
Optionable
Optionable
Beta
2.58

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This page (NYSE:SRG) was last updated on 12/23/2024 by MarketBeat.com Staff
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