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Seritage Growth Properties

SRG
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2.410USD
-0.205-7.82%
Close 05/15, 16:00ETQuotes delayed by 15 min
135.74MMarket Cap
LossP/E TTM

Seritage Growth Properties

2.410
-0.205-7.82%
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Intraday
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D

Today

-7.82%

5 Days

-10.74%

1 Month

-7.66%

6 Months

-42.07%

Year to Date

-25.85%

1 Year

-17.18%

Key Insights

Seritage Growth Properties's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 18 out of 51 in the Real Estate Operations industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 6.50.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Seritage Growth Properties's Score

Industry at a Glance

Industry Ranking
18 / 51
Overall Ranking
212 / 4482
Industry
Real Estate Operations

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Negative-

Seritage Growth Properties Highlights

StrengthsRisks
Seritage Growth Properties is a national owner and developer of retail, residential and mixed-use properties. The Company’s portfolio consists of interests in 16 properties comprised of approximately 1.6 million square feet of gross leasable area (GLA) or build-to-suit leased area and 240 acres of land. Its portfolio encompasses nine wholly owned properties consisting of approximately 0.8 million square feet of GLA and 132 acres (such properties, the Consolidated Properties) and seven unconsolidated entities consisting of approximately 0.8 million square feet of GLA and 108 acres (such properties, the Unconsolidated Properties). Its assets are held by and its operations are primarily conducted, directly or indirectly, through Seritage Growth Properties, L.P., a Delaware limited partnership (the Operating Partnership). The Company's subsidiaries include Seritage SRC Finance LLC, Seritage KMT Finance LLC, Seritage SRC Mezzanine Finance LLC and Seritage KMT Mezzanine Finance LLC.
Growing
The company is in a growing phase, with the latest annual income totaling USD 18.20M.
Overvalued
The company’s latest PE is -1.67, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 29.21M shares, decreasing 7.79% quarter-over-quarter.
Held by Invesco
Star Investor Invesco holds 25.69K shares of this stock.

Analyst Rating

Based on 1 analysts
Buy
Current Rating
6.500
Target Price
+148.09%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Seritage Growth Properties News

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Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Seritage Growth Properties Info

Seritage Growth Properties is a national owner and developer of retail, residential and mixed-use properties. The Company’s portfolio consists of interests in 16 properties comprised of approximately 1.6 million square feet of gross leasable area (GLA) or build-to-suit leased area and 240 acres of land. Its portfolio encompasses nine wholly owned properties consisting of approximately 0.8 million square feet of GLA and 132 acres (such properties, the Consolidated Properties) and seven unconsolidated entities consisting of approximately 0.8 million square feet of GLA and 108 acres (such properties, the Unconsolidated Properties). Its assets are held by and its operations are primarily conducted, directly or indirectly, through Seritage Growth Properties, L.P., a Delaware limited partnership (the Operating Partnership). The Company's subsidiaries include Seritage SRC Finance LLC, Seritage KMT Finance LLC, Seritage SRC Mezzanine Finance LLC and Seritage KMT Mezzanine Finance LLC.
Ticker SymbolSRG
CompanySeritage Growth Properties
CEOMetz (Adam S)
Websitehttps://seritage.com/
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