35.00 0.00 (0.00%)
After hours: 4:54PM EDT
|Bid||34.00 x 5000|
|Ask||35.29 x 300|
|Day's Range||34.46 - 35.20|
|52 Week Range||34.07 - 50.00|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 2, 2018 - May 7, 2018|
|Forward Dividend & Yield||1.00 (2.89%)|
|1y Target Est||40.50|
NEW YORK, March 22, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Seritage Growth Properties and Invesco Real Estate, a global real estate investment manager, today announced a joint venture partnership to own The Mark 302, the mixed-use redevelopment of the former Sears building in downtown Santa Monica, California.
Moody's Investors Service, ("Moody's") has downgraded the ratings on four classes and affirmed the ratings on three classes in J.P. Morgan Chase Commercial Mortgage Securities Trust 2015-SGP, ...
Last quarter, Seritage Growth Properties paid the price as its main tenant -- Sears Holdings -- vacated numerous stores in the REIT's portfolio. However, Seritage continued to make strong progress signing up new tenants to replace Sears at higher rents.
The New York-based real estate investment trust said it had funds from operations of $11.5 million, or 21 cents per share, in the period. Funds from operations is a closely watched measure in the REIT ...
Seritage Growth Properties , a national owner of 253 retail properties totaling over 39 million square feet of gross leasable area , today reported financial and operating results for the three months and year ended December 31, 2017.
Investors shouldn't ignore the risk related to the Italian election, says UBS. A political shock could trigger 10-15% downside for Italian equities relative to Europe, they warned.
Seritage has a much lower dividend yield than most REITs, but it has huge unappreciated opportunities to grow its rental income stream.
Seritage Growth Properties announced today that its Board of Trustees declared a cash dividend of $0.25 per Class A and Class C common share for the first quarter of 2018.
To improve productivity, Sears Holdings (SHLD) has been downsizing its store footprint by closing unprofitable stores as well as opening new smaller format stores. The company’s fiscal 3Q17 revenues were down 27% mostly due to store closures and reduction in comps (comparable store sales). In November 2017, the company had announced closures of another 45 Kmart stores and 18 Sears domestic stores.
Seritage Growth Properties announced today that it will release its fourth quarter 2017 financial and operating results in a press release on Tuesday, February 27, 2018, after the market close.
LONDON, UK / ACCESSWIRE / January 22, 2018 / Active-Investors.com has just released a free research report on Seritage Growth Properties (NYSE: SRG ) ("Seritage"). If you want access to this ...
NEW YORK, Jan. 19, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Seritage ...
Seritage Growth Properties gets most of its rent from Sears and Kmart. But the numerous store closures at both chains won't hurt Seritage as it works to increase its rental income and diversify its tenant base.
Seritage Growth Properties , a national owner of 253 retail properties totaling approximately 40 million square feet of gross leasable area , today provided an update on the Company’s leasing, development and transaction activity as of December 31, 2017.
With the closing of 103 Sears and Kmart Stores in low-traffic venues, Eddie Lampert's salvage operation for Sears just got at least a little more challenging.
On the 11 January 2018, Seritage Growth Properties (NYSE:SRG) will be paying shareholders an upcoming dividend amount of $0.25 per share. However, investors must have bought the company’s stock beforeRead More...
Creating small-format Sears stores that focus on selling appliances and mattresses seems like a smart idea. But Sears waited way too long to move in this direction.
Seritage Growth Properties today announced that it has priced a public offering of 2,800,000 shares of its 7.00% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest, par value $0.01 per share , for gross proceeds of $70,000,000.
Dallas Midtown could begin taking shape in the next few years, with New York City-based Seritage Growth Properties (SRG) and Dallas-based KDC readying a 23-acre tract in North Texas for up to 1 million square feet of new office space. The office campus will span two Class A office towers and will be part of a much-larger corporate magnet, which will include a hotel, apartment communities, as well as entertainment and retail space. Upon completion, the mixed-use project will replace the vacant Sears department store near the high-profile intersection of Preston Road and LBJ Freeway in North Dallas.
Seritage Growth Properties broke ground on the Esplanade at Aventura, which will replace the Sears at the Aventura Mall. A Sears store will not be part of the Esplanade. Seritage is a REIT that acquired the Sears and Kmart real estate portfolio across the nation in 2015.
The big box Sears store at the Westfield Broward mall in Plantation could be redeveloped for multiple tenants, including restaurants and entertainment vendors. Seritage Growth Properties (SRG) owns the 17.8-acre site at 8000 W. Broward Blvd. as part of its acquisition of real estate from Sears and Kmart stores. The company has been looking to reposition many of those properties as both Sears and Kmart close or shrink their stores.