Seritage Growth Properties Stock (NYSE:SRG)


RevenueOwnershipFinancialsChart

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$4.04

52W Range

$3.63 - $9.87

50D Avg

$4.30

200D Avg

$5.73

Market Cap

$227.89M

Avg Vol (3M)

$239.00K

Beta

2.58

Div Yield

-

SRG Company Profile


Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 166 wholly-owned properties and 29 unconsolidated properties totaling approximately 30.4 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.

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Industry

REIT - Retail

Sector

Real Estate

Exchange

NYSE

ADR

-

Country

US

Employees

19

IPO Date

Jul 06, 2015

Website

SRG Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 18
Management Service$1.20M
Tenant Reimbursements$57.50M

Fiscal year ends in Dec 23 | Currency in USD

SRG Financial Summary


Dec 23Dec 22Dec 21
Revenue$20.78M$107.06M$116.68M
Operating Income$-41.79M$-81.74M$-56.67M
Net Income$-159.81M$-120.10M$-38.98M
EBITDA$-189.95M$-40.63M$-5.47M
Basic EPS$-2.85$-2.42$-0.92
Diluted EPS$-2.85$-2.42$-0.92

Fiscal year ends in Dec 23 | Currency in USD

Peer Comparison


TickerCompany
IVTInvenTrust Properties Corp.
GTYGetty Realty Corp.
AKRAcadia Realty Trust
BRXBrixmor Property Group Inc.
KRGKite Realty Group Trust
BFSSaul Centers, Inc.
ROICRetail Opportunity Investments Corp.
SKTTanger Inc.
SITCSITE Centers Corp.
REGRegency Centers Corporation
UEUrban Edge Properties