Seritage Growth Properties Stock (NYSE:SRG)



Previous Close

$2.80

52W Range

$2.43 - $9.54

50D Avg

$3.33

200D Avg

$4.13

Market Cap

$162.78M

Avg Vol (3M)

$241.44K

Beta

2.29

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.

Industry

REIT - Retail

Sector

Real Estate

Exchange

NYSE

ADR

-

Country

US

Employees

7

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 24 | Currency in USD

SRG Financial Summary


Dec 24Dec 23Dec 22
Revenue$17.62M$20.58M$107.06M
Operating Income$-32.67M$-54.98M$-81.74M
Net Income$-158.44M$-154.91M$-120.10M
EBITDA$-144.39M$-52.62M$-6.30M
Basic EPS$-2.82$-2.84$-2.42
Diluted EPS$-2.82$-2.85$-2.42

Fiscal year ends in Dec 24 | Currency in USD

Peer Comparison


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