37.42 +0.35 (0.95%)
After hours: 4:26PM EST
|Bid||37.15 x 1000|
|Ask||37.19 x 900|
|Day's Range||37.05 - 37.77|
|52 Week Range||36.46 - 47.11|
|Beta (5Y Monthly)||1.48|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 26, 2020|
|Forward Dividend & Yield||1.00 (2.61%)|
|Ex-Dividend Date||Mar 27, 2019|
|1y Target Est||45.00|
Seritage Growth Properties (NYSE:SRG) announced today that it will release its fourth quarter 2019 financial and operating results in a press release on Thursday, February 27, 2020, after the market close.
Seritage Growth Properties (NYSE: SRG) (the "Company"), a national owner of 212 retail and mixed-use properties totaling approximately 33.4 million square feet, today provided an update on the Company’s leasing, development and transaction activity as of December 31, 2019.
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and a 20% drop in […]
Is Lattice Semiconductor Corporation (NASDAQ:LSCC) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but their […]
Moody's rating action reflects a base expected loss of 4.6% of the current pooled balance, compared to 4.1% at Moody's last review. Please see www.moodys.com for any updates on changes to the lead rating analyst and to the Moody's legal entity that has issued the rating.
Short interest can be an extremely helpful too for traders looking to get a feel for how a stock might react to a catalyst or gauge the overall bullish or bearish sentiment in a stock. Stocks with extremely ...
The site of a former Sears store is at the center of a lawsuit filed by the owner of the Town Center at Boca Raton. The mall, owned by Indianapolis-based Simon Property Group, filed the suit against the developer of a mixed-use, open-air project at the property where there used to be a Sears store. The suit, filed with the Palm Beach County Circuit Court, alleges that New York-based Seritage Growth Properties – current owner of the parcel at 5900 W. Glades Road in Boca Raton – breached a contract signed between Sears and the mall more than three decades ago.
Seritage Growth Properties has won the Overland Park City Council's blessing to transform the former Metcalf South Sears site into a mixed-use that will include apartments and retail.
Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that's why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]
Industrious signed a deal to open a coworking center near Aventura Mall. Seritage Group Properties (NYSE: SRG) said Industrious will occupy about 30,000 square feet in the Esplande at Aventura, which is currently under construction. "Esplanade at Aventura is a best-in-class mixed-use environment and a desirable workplace destination," said Justin Stewart, president and co-founder of Industrious.
The simplest way to benefit from a rising market is to buy an index fund. But if you buy individual stocks, you can do...
The ratings on six principal and interest (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 6.8% of the current pooled balance, compared to 6.0% at Moody's last review. Moody's base expected loss plus realized losses is now 6.6% of the original pooled balance, compared to 5.9% at the last review.
Most of the damage from Sears and Kmart store closures is already baked into Seritage's results -- and the retail REIT has lots of new tenants set to begin paying rent over the next year or two.
Furthermore, the transaction has a significant exposure to Class B regional malls with a total of five loans representing 35% of the pooled loan balance. Moody's rating action reflects a base expected loss of 8.1% of the current pooled balance, compared to 4.6% at Moody's last review.
Moody's rating action reflects a base expected loss of 7.1% of the current pooled balance, compared to 5.2% at Moody's last review. Please see www.moodys.com for any updates on changes to the lead rating analyst and to the Moody's legal entity that has issued the rating.