The Technical Analyst
Seritage Growth [SRG]
Exchange: NYSE Sector: Real Estate Industry: REIT - Retail
Seritage Growth Price, Forecast, Insider, Ratings, Fundamentals & Signals
-0.53% $9.33
America/New_York / 8 mai 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 524.93 mill |
| EPS: | -2.85 |
| P/E: | -3.27 |
| Earnings Date: | May 08, 2024 |
| SharesOutstanding: | 56.26 mill |
| Avg Daily Volume: | 0.342 mill |
| RATING 2024-05-08 |
|---|
| B |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Neutral | |
| Return On Asset: | Neutral | |
| DE: | Sell | |
| P/E: | Strong Buy | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -3.27 | sector: PE 30.55 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| -0.19x |
| Company: PE -3.27 | industry: PE 17.29 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-4.70 (-150.35%) $-14.03 |
| Date: 2024-05-08 |
| Expected Trading Range (DAY) |
|---|
|
$ 9.13 - 9.55 ( +/- 2.27%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-04-08 | Ursa Fund Partners Lp | Sell | 60 000 | Preferred Stock |
| 2024-04-01 | Lampert Edward S | Sell | 25 655 | Class A Common Shares |
| 2024-03-05 | Olshan Andrea | Sell | 40 798 | Class A Common Shares |
| 2024-03-05 | Fernand Matthew E | Sell | 7 668 | Class A Common Shares |
| 2024-03-05 | Dinenberg Eric | Sell | 5 832 | Class A Common Shares |
| INSIDER POWER |
|---|
| -99.51 |
| Last 92 transactions |
| Buy: 2 926 085 | Sell: 6 746 536 |
Forecast:
16:00 - $9.33
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $9.33
Forecast 2: 16:00 - $9.33
Forecast 3: 16:00 - $9.33
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $9.33 (-0.53% ) |
| Volume | 0.277 mill |
| Avg. Vol. | 0.342 mill |
| % of Avg. Vol | 81.15 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For SRG
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
SRG
Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 166 wholly-owned properties and 29 unconsolidated properties totaling approximately 30.4 million square feet of space across 44 states and Puerto Rico. The Company was formed to unlock the underlying real estate value of a high-quality retail portfolio it acquired from Sears Holdings in July 2015. The Company's mission is to create and own revitalized shopping, dining, entertainment and mixed-use destinations that provide enriched experiences for consumers and local communities, and create long-term value for our shareholders.
Latest Press Releases
2024-04-24 17:01:00 - Press Release
Seritage Growth Properties Makes $50 Million Loan Prepayment
New york--(business wire)--seritage growth properties (nyse: srg) (the “company”), a national owner and developer of retail, residential and mixed-use properties, today announced that between april 23, 2024 and april 24, 2024, the company has made voluntary prepayments aggregating $50 million toward its $1.6 billion term loan facility provided by berkshire hathaway life insurance company of nebraska (“berkshire hathaway”). with the prepayments, the company has now repaid a total of $1.32 billio.
2024-04-01 18:20:00 - Press Release
Seritage Growth Properties Reports Fourth Quarter And Full Year 2023 Operating Results
New york--(business wire)--seritage growth properties (nyse: srg) (the “company”), a national owner and developer of retail, residential and mixed-use properties today reported financial and operating results for the year ended december 31, 2023. “in 2023, we sold 68 assets for gross proceeds of $842.7 million and paid down $670 million of debt. as of today, the overwhelming majority of our remaining assets have identified counterparties, are in the market or about to be launched. with respect.
2024-01-30 16:30:00 - Press Release
Seritage Growth Properties Makes $30 Million Loan Prepayment
New york--(business wire)--seritage growth properties (nyse: srg) (the “company”), a national owner and developer of retail, residential and mixed-use properties, today announced that on january 30, 2024, the company made a voluntary prepayment of $30 million toward its $1.6 billion term loan facility provided by berkshire hathaway life insurance company of nebraska (“berkshire hathaway”). with the prepayment, the company has now repaid a total of $1.27 billion since december 2021 and $330 mill.
2023-11-08 16:30:00 - Press Release
Seritage Growth Properties Reports Third Quarter 2023 Operating Results
New york--(business wire)--seritage growth properties (nyse: srg) (the “company”), a national owner and developer of retail, residential and mixed-use properties today reported financial and operating results for the three and nine months ended september 30, 2023. “we continue to make significant progress on asset sales, grossing more than $156 million during the quarter. we now have a line of sight to a portfolio of approximately 25 assets comprised of many of our best properties in prime mark.
2023-09-26 16:30:00 - Press Release
Seritage Growth Properties Makes $80 Million Loan Prepayment
New york--(business wire)--seritage growth properties (nyse: srg) (the “company”), a national owner and developer of retail, residential and mixed-use properties, today announced that on september 26, 2023, the company made a voluntary prepayment of $80 million toward its $1.6 billion term loan facility provided by berkshire hathaway life insurance company of nebraska (“berkshire hathaway”). with the prepayment, the company has now repaid a total of $1.2 billion since december 2021 and $400 mil.
Latest News
2024-04-19 06:02:00 - The Motley Fool
This Company Is Shutting Down Its Business -- and Could Have 74% Upside for Investors
Management decided to throw in the towel, but this company's asset value could be far more than its stock price.
2024-01-24 13:08:39 - InvestorPlace
Real Estate Riches: 3 REITs to Build Your Wealth in 2024
REITs could be excellent buys this year. If analyst forecasts are to be believed, then interest rates could be reduced soon, with some economists predicting it could happen as early as June this year.
2024-01-19 09:26:30 - Seeking Alpha
Seritage Preferreds Offer Tempting Potential 12.86% Yield To Maturity
Seritage common shares have been a difficult investment with negative 70% returns since IPO. Seritage Growth Properties' preferred shares offer a 7.38% yield and the potential for a 12.86% yield to maturity/call. There are risks involved, here and we tell you why you have to consider this carefully before buying.
2023-11-20 07:00:00 - Seeking Alpha
Who's Shorting REITs?
The commercial real estate market has created a perfect storm for REIT short sellers due to rising rates, debt maturities, loan defaults, and the office sector meltdown. Shorting stocks can be dangerous, especially for novice investors, as potential losses are limitless if the stock goes up. SL Green Realty, Medical Properties Trust, Seritage Growth Properties, and Pebblebrook Hotel Trust are among the most shorted REITs.
2023-11-11 02:50:47 - Seeking Alpha
Seritage: Intriguing Assets And Fascinating CEO
Seritage, a former REIT that owns former Sears and Kmart locations, has undergone significant changes under the leadership of CEO Andrea Olshan. Olshan has sold around $1.3 billion of assets and paid down a significant portion of the company's outstanding loan. Under new CEO Andrea Olshan, Seritage changed its tax status, is liquidating assets, and paying down debt.
2023-11-07 03:16:56 - Seeking Alpha
Seritage Growth Properties: A Promising Turnaround Post-Sears Spin-Off
Seritage Growth Properties adeptly capitalizes on its leasing model in flourishing markets like California, Florida, and Texas. Strategic financial maneuvering, such as prepaying its term loan and property sales, fortifies SRG against potential economic adversities. Despite challenges from its Sears Holdings spin-off origin, support from Berkshire Hathaway and reduced redevelopment costs indicate a potential turnaround for SRG.
2023-08-25 06:08:00 - The Motley Fool
Are These 2 Companies Next for Short Squeezes?
There's no way to predict with 100% accuracy what stocks will face short squeezes or when they could happen. However, companies with high short interest and potential business tailwinds are prime candidates.
2023-08-19 22:28:02 - Seeking Alpha
Seritage: Nearing The Finish Line
Seritage Growth Properties reported Q2-2023 results which were loaded with asset sales. Cash burn still remains high, and the impairment did not help inspire confidence in the terminal value. We examine how our previous suggestion worked out and give you three ways to outperform Seritage again.
2023-07-27 14:22:33 - GuruFocus
Why Warren Buffett Steers Clear of Real Estate
“Real estate is not a commodity. I think it tends to be more accurately priced most of the time.
2023-03-19 03:39:11 - Seeking Alpha
Seritage: No Returns For The Weary
In our last article, we shunned the idea that Seritage shareholders had a big payday ahead. Realistic valuations suggested that the stock was trading at a fair price for liquidation and the best bullish bet was a covered call trade.