NYSE
SRG

Seritage Growth Properties

REIT-Retail
Real Estate

Prices are adjusted according to historical splits.

Seritage Growth Properties Stock Price

Vitals

Today's Low:
$7.64
Today's High:
$7.72
Open Price:
$7.64
52W Low:
$7.105
52W High:
$12.79
Prev. Close:
$7.65
Volume:
418051

Company Statistics

Market Cap.:
$429.80 million
Book Value:
9.978
Revenue TTM:
$46.36 million
Operating Margin TTM:
-166.19%
Gross Profit TTM:
$37.76 million
Profit Margin:
-148.15%
Return on Assets TTM:
-2.83%
Return on Equity TTM:
-11.49%

Company Profile

Seritage Growth Properties had its IPO on 2015-07-06 under the ticker symbol SRG.

The company operates in the Real Estate sector and REIT-Retail industry. Seritage Growth Properties has a staff strength of 32 employees.

Stock update

Shares of Seritage Growth Properties opened at $7.64 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $7.64 - $7.72, and closed at $7.68.

This is a +0.39% increase from the previous day's closing price.

A total volume of 418,051 shares were traded at the close of the day’s session.

In the last one week, shares of Seritage Growth Properties have increased by +1.59%.

Seritage Growth Properties's Key Ratios

Seritage Growth Properties has a market cap of $429.80 million, indicating a price to book ratio of 1.0868 and a price to sales ratio of 15.4293.

In the last 12-months Seritage Growth Properties’s revenue was $46.36 million with a gross profit of $37.76 million and an EBITDA of $-49617000. The EBITDA ratio measures Seritage Growth Properties's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Seritage Growth Properties’s operating margin was -166.19% while its return on assets stood at -2.83% with a return of equity of -11.49%.

In Q2, Seritage Growth Properties’s quarterly earnings growth was a negative -2.1% while revenue growth was a negative 82.8%.

Seritage Growth Properties’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG
0

Its diluted EPS in the last 12-months stands at $-0.64 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Seritage Growth Properties’s profitability.

Seritage Growth Properties stock is trading at a EV to sales ratio of 16.1845 and a EV to EBITDA ratio of 95.1581. Its price to sales ratio in the trailing 12-months stood at 15.4293.

Seritage Growth Properties stock pays annual dividends of $0 per share, indicating a yield of 12.45% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$1.17 billion
Total Liabilities
$56.32 million
Operating Cash Flow
$506.79 million
Capital Expenditure
$0
Dividend Payout Ratio
0%

Seritage Growth Properties ended 2024 with $1.17 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.17 billion while shareholder equity stood at $560.63 million.

Seritage Growth Properties ended 2024 with $0 in deferred long-term liabilities, $56.32 million in other current liabilities, 562000.00 in common stock, $-800674000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $124.85 million and cash and short-term investments were $124.85 million. The company’s total short-term debt was $0 while long-term debt stood at $549.97 million.

Seritage Growth Properties’s total current assets stands at $258.03 million while long-term investments were $301.49 million and short-term investments were $0. Its net receivables were $22.19 million compared to accounts payable of $0 and inventory worth $0.

In 2024, Seritage Growth Properties's operating cash flow was $506.79 million while its capital expenditure stood at $0.

Comparatively, Seritage Growth Properties paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$7.68
52-Week High
$12.79
52-Week Low
$7.105
Analyst Target Price
$14

Seritage Growth Properties stock is currently trading at $7.68 per share. It touched a 52-week high of $12.79 and a 52-week low of $12.79. Analysts tracking the stock have a 12-month average target price of $14.

Its 50-day moving average was $8.6 and 200-day moving average was $9.62 The short ratio stood at 25.52 indicating a short percent outstanding of 0%.

Around 3239.7% of the company’s stock are held by insiders while 5048% are held by institutions.

Frequently Asked Questions About Seritage Growth Properties

The stock symbol (also called stock or share ticker) of Seritage Growth Properties is SRG

The IPO of Seritage Growth Properties took place on 2015-07-06

Similar Industry Stocks (REIT-Retail)

Last Price
Chg
Chg%
$31.61
-0.14
-0.44%
$18.1
-0.9
-4.74%
$12.04
-0.23
-1.87%
Carvana Co (CVNA)
$50.8
-0.01
-0.02%
$179.3
-5.45
-2.95%
$0.79
0.01
+0.73%
$337.95
-17.7
-4.98%
$18.58
-1.23
-6.21%
$3.59
-0.11
-2.97%
$0.41
0.01
+2.5%

Most Active

Last Price
Chg
Chg%
Amyris Inc (AMRS)
$0.14
0.07
+100%
$0.12
0.04
+45.29%
$0.96
0.05
+5.4%
$1.34
-0.35
-20.71%
Humbl Inc (HMBL)
$0
0
0%

Top Gainers

Last Price
Chg
Chg%
$0
0
+172200%
$0
0
+51200%
$283
280.03
+9428.62%
$11.2
10.57
+1667.68%
Latch Inc (LTCHW)
$0.01
-0.03
+1550%

Top Losers

Last Price
Chg
Chg%
$0.19
-123.15
-99.85%
$0
-0.11
-99.55%
$0
-0
-97.96%
$0
-0.01
-93.94%
$0.01
-0.06
-92.24%

About

Seritage is principally engaged in the ownership, development, redevelopment, management and leasing of retail and mixed-use properties throughout the United States. As of June 30, 2023, the Company’s portfolio consisted of interests in 50 properties comprised of approximately 6.8 million square feet of gross leasable area (“GLA”) or build-to-suit leased area, approximately 157 acres held for or under development and approximately 3.6 million square feet or approximately 303 acres to be disposed of. The portfolio consists of approximately 5.2 million square feet of GLA held by 38 wholly owned properties (such properties, the “Consolidated Properties”) and 1.7 million square feet of GLA held by 12 unconsolidated entities (such properties, the “Unconsolidated Properties”).

Address

500 Fifth Avenue, New York, NY, United States, 10110