|Bid||44.08 x 800|
|Ask||44.13 x 900|
|Day's Range||43.86 - 44.69|
|52 Week Range||30.60 - 51.89|
|Beta (3Y Monthly)||1.95|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 31, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||1.00 (2.25%)|
|1y Target Est||44.00|
Pinstripes has already established itself in seven different states and will come to Florida in 2020.
The CEO of Seritage Growth Properties (NYSE:SRG) is Ben Schall. First, this article will compare CEO compensation with...
The Sears building at Valley View mall was demolished Thursday to kick off a 22-acre development that will be a part of the 430-acre Dallas Midtown mixed-use project along Interstate 635.
NEW YORK (AP) _ Seritage Growth Properties (SRG) on Thursday reported a loss in funds from operations in its first quarter, after reporting a profit in the same period a year earlier. The real estate investment trust, based in New York, said it had a funds from operations loss of $5.1 million, or 9 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry.
Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 due to various reasons. Nevertheless, the data show elite investors' consensus picks have done well on average over the long-term. The top 15 S&P 500 stocks among hedge funds at […]
The former Sears building at 97th Street and Metcalf Avenue could see new life under a revised plan submitted this month by Seritage Growth Properties. However, a proposed movie theater is no longer part of the redevelopment project.
Seritage Growth Properties (SRG) announced today that Allison Thrush has been appointed to the Company’s Board of Trustees as an independent trustee. Ms. Thrush will serve on the Board’s Audit Committee. “We are very pleased to welcome Allison Thrush to the Board of Trustees of Seritage,” stated Edward S. Lampert, Chairman of the Board of Trustees of Seritage Growth Properties.
Sears Holdings Corp sued longtime former Chairman Eddie Lampert, his hedge fund ESL Investments and others like Treasury Secretary Steven Mnuchin, claiming they illegally siphoned billions of dollars of assets from the retailer before it went bankrupt. The lawsuit, made public on Thursday, was filed by the restructuring team winding down Sears' bankruptcy estate and suing on behalf of creditors, many of whom blame Lampert for the retailer's downfall. The complaint seeks the repayment of "billions of dollars of value looted from Sears," including while it was in what Lampert would later call a "death spiral" where it sold core assets to meet daily expenses with no real plan for becoming profitable.
Seritage Growth Properties announced today that it will release its first quarter 2019 financial and operating results in a press release on Thursday, May 2, 2019, after the market close.
Anyone researching Seritage Growth Properties (NYSE:SRG) might want to consider the historical volatility of the share price. Modern finance theory considers volatility to be a measure of risk, and there are two main types of price...
Seritage Growth Properties NYSE:SRGView full report here! Summary * Bearish sentiment is high * Economic output in this company's sector is expanding Bearish sentimentShort interest | NegativeShort interest is extremely high for SRG with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting SRG. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding SRG are favorable, with net inflows of $1.93 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Seritage Growth Properties (SRG) is a real estate investment trust that was created in July 2015, when Sears Holdings (SHLDQ) spun off some of its properties. Warning! GuruFocus has detected 2 Warning Sign with SRG. The company's goal is quite straightforward: unlock the value of the real estate by renting the space previously occupied by Sears at higher rates to third-party tenants.
The former Sears store at the Park North Shopping Center may soon be getting a second life thanks to more than 123,000 square feet of new leases from Tru Fit Athletic Clubs, Bed Bath & Beyond and Buy Buy Baby, according to multiple sources. A recently submitted construction document to the Texas Department of Licensing and Regulation shows Tru Fit plans to spend $5 million to renovate 69,000 square feet at the former Sears store, which closed last summer. A property flyer on CBRE's website indicates that Tru Fit will lease closer to 63,000 square feet and share the ground floor with retailers Buy Buy Baby and its parent company, Bed Bath & Beyond.
Seritage Growth Properties is a self-administered, self-managed REIT engaged in the real estate property business through its investment in Seritage Growth Properties, L.P. It generates a majority of its revenue from tenants. The dividend yield of Seritage Growth Properties stocks is 2.27%. Warning! GuruFocus has detected 2 Warning Sign with SRG.
– Signed new leases totaling 3.1 million square feet at an average re-leasing multiple of 3.9x –
Seritage Growth Properties (SRG) announced today that its Board of Trustees has declared a cash dividend of $0.25 per Class A and Class C common share for the first quarter of 2019. The Company’s Board of Trustees does not currently expect to declare additional dividends on the Company’s Class A and Class C common shares for the remainder of 2019, based on its assessment of the Company’s investment opportunities and its expectations of taxable income for the year. The Company’s Board of Trustees will reevaluate this position at the end of 2019, as necessary, to ensure that the Company meets its distribution requirements as a REIT.
Seritage Growth Properties announced today that it will release its fourth quarter 2018 financial and operating results in a press release on Thursday, February 28, 2019, after the market close.
Seritage Growth Properties has submitted plans to redevelop the former Sears at the Town Center at Boca Raton mall into an open-air mall. The shuttered big box store and auto center at 5900 W. Glades Road currently totals 180,029 square feet. The Sears at Town Center closed in spring 2018 as the retailer shuttered dozens of stores across the nation.