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Seritage Growth Properties

SRG US

SRG USSeritage Growth Properties

United States Composite

9.34

USD

+0.03

(+0.27%)

-1.27EPS Dil.

-7.38P/E

524.75MMarket Cap

0.93%Div. Yield

Next Earnings

May 8

Ex-Dividend Date

March 28

Dividend Date

April 11

Held by Insiders

33.47%

Held by Institutions

51.45%

Short % of Float

12.38%

YTD Yield

25.37%

3Y Yield

-45.99%

5Y Yield

-79.22%

Capital Structure

FRC

•

in mil. unless spec.

Mar'23

Jun'23

Sep'23

ST Debt

- -

LT Borrowings

800

550

400

LT Finance Leases

- -

Preferred Equity and Hybrid Capital

Shares Outstanding

Market Capitalization

441

501

435

Working Capital

FRC

•

in mil. unless spec.

Mar'23

Jun'23

Sep'23

Total Current Assets

404

258

246

Cash, Cash Equivalents & STI

120

125

Accounts Receivable, Net

Inventories

- -

Total Current Liabilities

Payables & Accruals

ST Debt

- -

Deferred Revenue

- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

- -

-14.25%

-8.55%

Net Income, GAAP

- -

-29.68%

-164.29%

Free Cash Flow

- -

-98.53%

13.24%

Total Cash Common Dividend

- -

Total Equity

0.00%

-11.27%

-14.44%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

117

2022

107

2023

- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

2021

-0.23

-1.73

-0.50

1.64

-0.78

2022

-1.22

-2.56

-0.08

1.63

-1.59

2023

-1.13

-1.73

-0.04

- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

2021

0.03

0.12

2022

0.03

0.02

0.10

2023

0.02

- -

Company Description

CEO: Ms. Andrea L. Olshan
Full Time Employees: 32
Sector: Real Estate
Industry: REIT—Retail
Address: 500 Fifth Avenue New York NY United States 10110-1502
CIK: 0001628063
Website: www.seritage.com
Business: Seritage is principally engaged in the ownership, development, redevelopment, management and leasing of retail and mixed-use properties throughout the United States. As of September 30, 2023, the Company's portfolio consisted of interests in 42 properties comprised of approximately 5.6 million square feet of gross leasable area ("GLA") or build-to-suit leased area, approximately 126 acres held for or under development and approximately 2.9 million square feet or approximately 259 acres to be disposed of. The portfolio consists of approximately 4.3 million square feet of GLA held by 33 wholly owned properties (such properties, the "Consolidated Properties") and 1.2 million square feet of GLA held by 9 unconsolidated entities (such properties, the "Unconsolidated Properties").

Company News

Yahoo
8 days ago
Seritage Growth Properties Makes $50 Million Loan Prepayment
FOOL
14 days ago
This Company Is Shutting Down Its Business -- and Could Have 74% Upside for Investors
Yahoo
a month ago
Seritage Growth Properties Reports Fourth Quarter and Full Year 2023 Operating Results

Company Description

CEO: Ms. Andrea L. Olshan
Full Time Employees: 32
Sector: Real Estate
Industry: REIT—Retail
Address: 500 Fifth Avenue New York NY United States 10110-1502
CIK: 0001628063
Website: www.seritage.com
Business: Seritage is principally engaged in the ownership, development, redevelopment, management and leasing of retail and mixed-use properties throughout the United States. As of September 30, 2023, the Company's portfolio consisted of interests in 42 properties comprised of approximately 5.6 million square feet of gross leasable area ("GLA") or build-to-suit leased area, approximately 126 acres held for or under development and approximately 2.9 million square feet or approximately 259 acres to be disposed of. The portfolio consists of approximately 4.3 million square feet of GLA held by 33 wholly owned properties (such properties, the "Consolidated Properties") and 1.2 million square feet of GLA held by 9 unconsolidated entities (such properties, the "Unconsolidated Properties").