SHLD - Sears Holdings Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
1.24
-0.06 (-2.36%)
At close: 4:00PM EDT
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Previous Close1.27
Open1.30
Bid1.02 x 47300
Ask1.60 x 1000
Day's Range1.13 - 1.32
52 Week Range1.07 - 7.78
Volume3,441,254
Avg. Volume1,681,098
Market Cap135.151M
Beta-0.60
PE Ratio (TTM)N/A
EPS (TTM)-9.79
Earnings DateNov 28, 2018 - Dec 3, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est2.00
Trade prices are not sourced from all markets
  • The Wall Street Journal5 hours ago

    [$$] Sears CEO Pushes a Rescue Plan to Avoid Bankruptcy

    Warning that Sears Holdings Corp. is running out of time and money, CEO Edward Lampert is making his biggest push yet to restructure the retailer to avoid a bankruptcy filing, as a debt payment looms next month. Mr. Lampert, who is also Sears’s chairman, controlling shareholder and biggest creditor, wants creditors to restructure about $1.1 billion of debt coming due in 2019 and 2020, according to a proposal made public on Monday. The proposal also calls on the Sears board to sell another $1.5 billion of real estate and divest some $1.75 billion of assets, including Sears Home Services and the Kenmore appliance brand, which he has offered $400 million to buy himself.

  • Reuters8 hours ago

    Sears CEO Lampert offers new deals to avert bankruptcy

    Billionaire Lampert, who also runs hedge fund ESL Investments Inc, said the 125-year-old department store chain should take steps reduce its debt load to $1.2 billion from $5.6 billion. Lampert and his hedge fund, which he controls, own about 50 percent of Sears, according to Thomson Reuters data. Lampert said Sears should offer creditors options to extend their debt or exchange it for new holdings, giving Sears more time to turn its business around.

  • Sears Slumps on CEO Lampert's Urgent Restructure Plan
    GuruFocus.com11 hours ago

    Sears Slumps on CEO Lampert's Urgent Restructure Plan

    Sears Holdings Corp. (SHLD) shares traded 3.15% lower Monday afternoon after CEO Eddie Lampert's hedge fund ESL urged the company to "act immediately" as it faces large payments on its debt. The proposal would reduce 78% of Sears' debt to $1.2 billion and cut its interest expenses by 80% to $88 million while adding $1.2 billion in liquidity over two years, ESL said in a letter to Sears. Warning! GuruFocus has detected 5 Warning Signs with SHLD.

  • Moody's11 hours ago

    Wells Fargo Commercial Mortgage Trust 2017-C39 -- Moody's affirms eight classes of WFCM 2017-C39

    The ratings of seven P&I classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR), and the transaction's Herfindahl Index (Herf) are within acceptable ranges. Moody's rating action reflects a base expected loss of 4.8% of the current pooled balance. Moody's base expected loss plus realized losses is now 4.8% of the original pooled balance.

  • Barrons.com13 hours ago

    Sears Slide Hits Newell Brands. Why One Analyst Says the Selloff Is Overdone.

    Newell Brands has had a tough year, even by consumer-staples standards, but Wells Fargo argues that Monday’s selloff has gone too far.

  • Why Sears Holdings Corp. Stock Was Slipping Today
    Motley Fool16 hours ago

    Why Sears Holdings Corp. Stock Was Slipping Today

    Another plan to restructure debt and sell more assets sent the retailer's stock lower.

  • TheStreet.com16 hours ago

    Sears CEO Eddie Lampert's Latest Idea to Save Dying Retailer Hints End Nearing

    Sears and Kmart owner Sears Holdings looks to be on its last legs judging by a new SEC filing on Monday.

  • Sears CEO Lampert has new rescue plan, but says Sears must 'act immediately'
    American City Business Journals17 hours ago

    Sears CEO Lampert has new rescue plan, but says Sears must 'act immediately'

    Among other things, the proposal includes a plan for Sears to sell an additional $1.5 billion in real estate.

  • Associated Press18 hours ago

    Sears CEO: Retailer needs to sell more real estate

    The hedge fund owned by Sears Holdings Corp. CEO Eddie Lampert is urging the retailer's board to sell more of its real estate and restructure its debt, as it seeks to avoid bankruptcy. ES Investment Hedge Fund said Monday that Sears should sell $1.5 billion more in real estate and restructure $1.1 billion in debt, according to the filing with the Securities and Exchange Commission. The Hoffman Estates, Illinois-based operator of Sears and Kmart has closed hundreds of stores as it burns through money amid sagging sales.

  • Sears Stock Not Helped by CEO’s Restructuring Plan
    InvestorPlace18 hours ago

    Sears Stock Not Helped by CEO’s Restructuring Plan

    The restructuring plan for Sears (NASDAQ:SHLD) comes from ESL Investments. This is a hedge fund belonging to Lampert. The first suggestions for returning value to Sears stock holders is selling assets that belong to the retail chain.

  • Reuters10 hours ago

    Sears CEO Lampert offers new deals to avert bankruptcy

    Sears Holdings Corp Chief Executive Eddie Lampert, a major investor in the company, has proposed rescue deals to help the department store chain avoid bankruptcy as debt matures next month and it faces a cash crunch, according to a regulatory filing released on Monday. Billionaire Lampert, who also runs hedge fund ESL Investments Inc, said the 125-year-old department store chain should take steps reduce its debt load to $1.2 billion from $5.6 billion. Lampert and his hedge fund, which he controls, own about 50 percent of Sears, according to Thomson Reuters data.

  • Barrons.com19 hours ago

    The CEO of Sears Is Making His Biggest Push Yet to Avoid Bankruptcy

    Since rescuing Kmart from bankruptcy and combining it with Sears in 2005, CEO Edward Lampert has closed hundreds of stores and sold off divisions as the business faltered.

  • Reuters20 hours ago

    Sears CEO says retailer needs to sell more real estate to cut debt

    Sears Holdings Corp's Chief Executive Officer Edward Lampert's hedge fund has urged the retailer to sell more real estate, as part of a plan to cut about $1.5 billion of its debt, according to a regulatory ...

  • PR Newswire20 hours ago

    Sears Holdings Announces Receipt Of Proposal From ESL Investments

    HOFFMAN ESTATES, Ill., Sept. 24, 2018 /PRNewswire/ -- Sears Holdings Corporation (the "Company") (SHLD) today announced that its Board of Directors (the "Board") has received a proposal from ESL Investments, Inc. ("ESL") regarding certain liability management and real estate transactions, as outlined in ESL's Schedule 13D filing on September 24, 2018.  The Board has directed the Company's management and its legal and financial advisors to work closely with ESL, its advisors and the Company's other stakeholders to seek to pursue liability management transactions of the nature described in the proposal, subject to advice of the Company's legal and financial advisors and approval of any final transaction by the Related Party Transactions Subcommittee of the Board and the full Board. The Board has referred the proposed real estate transactions outlined in the proposal to the Special Committee of the Board, which is also engaged in negotiations with ESL concerning the proposals made in ESL's August 14, 2018 letter.

  • CNBC20 hours ago

    Sears CEO proposes plan to avoid bankruptcy, as options and cash run low

    The hedge fund owned by Sears CEO Eddie Lampert has proposed restructuring the department store chain's debt. The proposal is an attempt to avoid bankruptcy. ESL wants to reduce Sears' debt by nearly 80 percent to about $1.2 billion.

  • See what the IHS Markit Score report has to say about Sears Holdings Corp.
    Markit22 hours ago

    See what the IHS Markit Score report has to say about Sears Holdings Corp.

    Sears Holdings Corp NASDAQ/NGS:SHLD

  • Sears Holdings' Boom Will Be Short-Lived
    Motley Fool22 hours ago

    Sears Holdings' Boom Will Be Short-Lived

    Despite an improvement last quarter, sales at the troubled retailer will soon resume their downward spiral.

  • Financial Timesyesterday

    [$$] Sears chief proposes debt restructuring to avoid bankruptcy

    Holdings, is attempting to avert bankruptcy at the department store chain with a plan for a broad financial restructuring that could force creditors to swallow heavy losses. Under the plan put forward on Monday by ESL, the billionaire’s hedge fund, Sears’ $5.6bn debt burden would be slashed by almost four-fifths. Creditors would swap $1.1bn worth of their debt holdings for equity stakes, or take a haircut on their interests. The company, which has closed hundreds of its Sears and Kmart stores in recent years, would also pursue additional property sales to repay $1.5bn worth of its debt.

  • Department Store Investors Shouldn't Fear Weak August Retail Sales
    Motley Fool2 days ago

    Department Store Investors Shouldn't Fear Weak August Retail Sales

    The U.S. Census Bureau's official August retail sales data fell short of economists' expectations, with particularly poor results at department stores. But that may not be bad news for the likes of Kohl's, Macy's, and Nordstrom.

  • CNBC4 days ago

    Target says Trump China tariffs would 'penalize American families'

    Target is among the hundreds of retailers and other companies pushing back against the new tariffs. U.S. Trade Representative Robert Lighthizer has received almost 6,200 comment letters on the tariffs so far. A coalition of roughly 300 retailers — including Kohl's, L.L. Bean, the Gap, Macy's and Under Armour — signed on to a letter strongly opposing the tariffs.

  • See what the IHS Markit Score report has to say about Sears Holdings Corp.
    Markit4 days ago

    See what the IHS Markit Score report has to say about Sears Holdings Corp.

    Sears Holdings Corp NASDAQ/NGS:SHLD

  • Sears' attempts to return to profitability
    CNBC Videos16 hours ago

    Sears' attempts to return to profitability

    CNBC's Courtney Reagan reports that Sears is attempting to return to profitability under the guidance of Eddie Lampert. The company hasn't been profitable in seven years.