SRG Stock 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. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Seritage Growth Properties Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$3.63 |
| 52 Week High | US$9.87 |
| 52 Week Low | US$3.61 |
| Beta | 2.58 |
| 1 Month Change | -10.15% |
| 3 Month Change | -14.39% |
| 1 Year Change | -61.99% |
| 3 Year Change | -60.93% |
| 5 Year Change | -90.38% |
| Change since IPO | -90.22% |
Recent News & Updates
Seritage Growth: Buy A Dollar For 80 Cents
Aug 27Is Seritage Growth Properties (NYSE:SRG) Using Debt Sensibly?
Jul 12
Recent updates
Seritage Growth: Buy A Dollar For 80 Cents
Aug 27Is Seritage Growth Properties (NYSE:SRG) Using Debt Sensibly?
Jul 12Seritage: Only Berkshire Hathaway Made Money On This
May 15Seritage Preferreds Offer Tempting Potential 12.86% Yield To Maturity
Jan 19Seritage: Intriguing Assets And Fascinating CEO
Nov 11Seritage: Nearing The Finish Line
Aug 20Is Seritage Growth Properties (NYSE:SRG) Weighed On By Its Debt Load?
Jun 07Seritage Growth Properties reduces outstanding debt to $800M
Feb 10Seritage Growth Properties: Buy $20 For Less Than $12
Nov 14O'Keefe Stevens - Seritage Growth Properties: A Good Idea On Paper
Nov 05Seritage Growth Properties prepays $70M loan
Oct 03Seritage: Bears Beat Back Bold Bulls
Sep 22Seritage Growth Properties prepays $100M toward $1.6B term loan facility
Aug 08Seritage Growth Properties surges on filing prelim proxy materials for Plan of Sale
Jul 08Health Check: How Prudently Does Seritage Growth Properties (NYSE:SRG) Use Debt?
Jun 13Seritage: Berkshire Is Not Taking A Haircut Here
Jun 13Seritage: Special Situation Opportunity Happening Now With 'Near Term' Shareholder Value Creation To Follow
Apr 22Seritage: Well Priced For 0% Returns
Jan 21Seritage Growth Properties: Significant Monetization Activities, A Path To Positive Cash From Operations, And A Massively Undervalued Asset Base - Shares Could Double
Nov 18Seritage: SNO Rents Drop 67% From 2019
Nov 03Seritage: NOI Now Down 84% From IPO
Aug 10Seritage Growth Properties: A Glimpse Of Its Value
Jun 28Seritage Growth Properties (SRG) Presents At REITweek 2021 Investor Virtual Conference - Slideshow
Jun 15Avoid Seritage Growth Properties Despite Discount To NAV
May 07What Type Of Returns Would Seritage Growth Properties'(NYSE:SRG) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Mar 15Shareholder Returns
| SRG | US Real Estate | US Market | |
|---|---|---|---|
| 7D | -4.0% | 2.0% | 0.6% |
| 1Y | -62.0% | 23.8% | 22.4% |
Return vs Industry: SRG underperformed the US Real Estate industry which returned 23.8% over the past year.
Return vs Market: SRG underperformed the US Market which returned 22.4% over the past year.
Price Volatility
| SRG volatility | |
|---|---|
| SRG Average Weekly Movement | 4.0% |
| Real Estate Industry Average Movement | 7.8% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 18.8% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: SRG has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: SRG's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2014 | 19 | Andrea Olshan | www.seritage.com |
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.
Seritage Growth Properties Fundamentals Summary
| SRG fundamental statistics | |
|---|---|
| Market cap | US$207.63m |
| Earnings (TTM) | -US$143.40m |
| Revenue (TTM) | US$56.36m |
3.6x
P/S Ratio-1.4x
P/E RatioIs SRG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SRG income statement (TTM) | |
|---|---|
| Revenue | US$56.36m |
| Cost of Revenue | US$25.98m |
| Gross Profit | US$30.38m |
| Other Expenses | US$173.78m |
| Earnings | -US$143.40m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -2.55 |
| Gross Margin | 53.90% |
| Net Profit Margin | -254.44% |
| Debt/Equity Ratio | 66.9% |
How did SRG perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 23:36 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Seritage Growth Properties is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Floris Gerbrand van Dijkum | Boenning & Scattergood, Inc. |
| Wesley Golladay | RBC Capital Markets |