SRG RSI Chart
Last 7 days
-34.1%
Last 30 days
-33.8%
Last 90 days
-35.9%
Trailing 12 Months
-18.2%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 25.9M | 0 | 0 | 0 |
2023 | 85.5M | 63.9M | 42.3M | 20.8M |
2022 | 116.3M | 118.1M | 112.6M | 107.1M |
2021 | 114.5M | 120.5M | 115.8M | 116.7M |
2020 | 158.1M | 139.4M | 125.5M | 116.5M |
2019 | 204.8M | 196.1M | 187.1M | 168.6M |
2018 | 229.4M | 220.8M | 213.3M | 214.8M |
2017 | 251.1M | 247.1M | 253.5M | 241.0M |
2016 | 0 | 238.4M | 242.0M | 248.7M |
2015 | 0 | 0 | 0 | 0 |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 01, 2024 | lampert edward s | sold | -250,288 | 9.7559 | -25,655 | - |
Mar 05, 2024 | dinenberg eric | sold (taxes) | - | - | -5,832 | chief operating officer |
Mar 05, 2024 | fernand matthew e | sold (taxes) | - | - | -7,668 | chief legal officer |
Mar 05, 2024 | olshan andrea | sold (taxes) | - | - | -40,798 | ceo and president |
Feb 28, 2024 | lampert edward s | sold | -61,923 | 9.605 | -6,447 | - |
Feb 27, 2024 | lampert edward s | sold | -198,681 | 9.6009 | -20,694 | - |
Feb 26, 2024 | lampert edward s | sold | -438,456 | 9.6039 | -45,654 | - |
Feb 22, 2024 | lampert edward s | sold | -1,318,430 | 9.6765 | -136,251 | - |
Jan 24, 2024 | lampert edward s | sold | -3,803 | 9.5075 | -400 | - |
Jan 23, 2024 | lampert edward s | sold | -3,823 | 9.5575 | -400 | - |
Which funds bought or sold SRG recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | added | 0.97 | 12,782 | 316,713 | -% |
May 16, 2024 | FourWorld Capital Management LLC | added | 27.44 | 4,535,100 | 18,920,000 | 12.07% |
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -34.38 | -175,697 | 368,707 | -% |
May 15, 2024 | Corbin Capital Partners, L.P. | unchanged | - | 104,892 | 3,374,030 | 5.70% |
May 15, 2024 | TWO SIGMA ADVISERS, LP | new | - | 428,460 | 428,460 | -% |
May 15, 2024 | GTS SECURITIES LLC | added | 58.83 | 311,118 | 797,804 | -% |
May 15, 2024 | TWO SIGMA INVESTMENTS, LP | added | 50.33 | 562,921 | 1,583,640 | -% |
May 15, 2024 | NOMURA HOLDINGS INC | reduced | -24.51 | -212,252 | 748,657 | -% |
May 15, 2024 | MILLENNIUM MANAGEMENT LLC | added | 90.6 | 2,740,860 | 5,574,750 | -% |
May 15, 2024 | CORSAIR CAPITAL MANAGEMENT, L.P. | reduced | -1.33 | 5,140 | 285,640 | 0.08% |
Unveiling Seritage Growth Properties's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Seritage Growth Properties)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AMT | 90.9B | 11.2B | 46.04 | 8.11 | ||||
CCI | 44.7B | 6.8B | 32.06 | 6.53 | ||||
AVB | 28.3B | 2.8B | 29.6 | 10.08 | ||||
ARE | 21.7B | 3.0B | 110.61 | 7.35 | ||||
AMH | 13.5B | - | 31.9 | 8.3 | ||||
REG | 11.3B | 1.4B | 30.12 | 8.22 | ||||
BXP | 9.9B | 3.3B | 51.64 | 3 | ||||
MID-CAP | ||||||||
FRT | 8.5B | 1.2B | 35.59 | 7.38 | ||||
SLG | 3.4B | 892.3M | -6.71 | 3.85 | ||||
MAC | 3.4B | 878.0M | -9.8 | 3.82 | ||||
SMALL-CAP | ||||||||
AAT | 1.4B | 444.1M | 20.36 | 3.15 | ||||
AIV | 1.2B | 198.2M | -7.55 | 6.02 | ||||
MFA | 1.1B | 650.2M | 36.77 | 1.73 | ||||
NYMT | 572.0M | 285.4M | -4.15 | 2 | ||||
IVR | 459.4M | 277.2M | -56.03 | 1.66 |
Seritage Growth Properties News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -37.0% | 5,773,000 | 9,168,000 | 5,048,000 | 5,884,000 | 14,414,500 | 22,945,000 | 23,501,000 | 29,704,000 | 30,905,000 | 28,525,000 | 29,003,000 | 27,874,000 | 31,281,000 | 27,652,000 | 33,707,000 | 21,819,000 | 33,317,000 | 36,634,000 | 47,628,000 | 40,511,000 | 43,860,000 |
Costs and Expenses | -15.2% | 19,529,000 | 23,036,500 | 16,711,000 | 21,616,000 | 26,506,000 | 39,109,000 | 36,696,000 | 73,988,000 | 40,208,000 | 40,508,000 | 42,066,000 | 45,665,000 | 45,172,000 | 33,817,000 | 55,491,000 | 50,427,000 | 63,043,000 | 69,750,000 | 50,349,000 | 47,952,000 | 56,404,000 |
S&GA Expenses | -100.0% | - | 15,639,000 | 8,030,000 | 10,099,000 | 12,220,000 | 16,638,000 | 10,811,000 | 11,093,000 | 9,092,000 | 9,947,000 | 8,780,000 | 11,990,000 | 11,232,000 | -418,000 | 11,203,000 | 8,644,000 | 9,420,000 | 12,970,000 | 8,130,000 | 8,297,000 | 9,759,000 |
EBITDA Margin | 49.5% | -2.33 | -4.61 | 0.29 | 0.44 | -0.02 | 0.08 | 0.16 | 0.03 | 0.51 | 1.03 | -0.18 | -0.50 | 0.33 | 0.30 | 0.58 | 0.90 | 0.61 | 0.64 | 0.53 | 0.61 | 0.78 |
Interest Expenses | -0.9% | 7,011,000 | 7,078,000 | 9,763,000 | 12,528,000 | 15,202,000 | 19,563,000 | 21,916,000 | 22,663,000 | 22,588,000 | 26,128,000 | 26,721,000 | 28,976,000 | 26,150,000 | 24,916,000 | 22,742,000 | 22,145,000 | 21,513,000 | - | 22,046,000 | 22,141,000 | 23,454,000 |
Income Taxes | - | 11,000 | - | 89,000 | -38,000 | -13,000 | 171,000 | 67,000 | 203,000 | 25,000 | -2,000 | 38,000 | 298,000 | -138,000 | 37,000 | 226,000 | 26,000 | -37,000 | 113,000 | -40,000 | 146,000 | -23,000 |
Earnings Before Taxes | -615.0% | -18,974,000 | 3,684,000 | -813,000 | -95,745,000 | -61,999,000 | 92,625,000 | -3,414,000 | -141,880,000 | -66,962,000 | 93,599,000 | -26,311,000 | -95,006,000 | -11,071,000 | -49,655,000 | -72,175,000 | 130,000 | -31,012,000 | -37,229,000 | -16,522,000 | -25,739,000 | -10,917,000 |
EBT Margin | 42.0% | -4.32 | -7.45 | -1.56 | -1.07 | -1.34 | -1.12 | -1.05 | -1.20 | -0.81 | -0.33 | -1.57 | -1.89 | -1.16 | -1.31 | -1.12 | -0.61 | -0.70 | -0.54 | -0.74 | -0.80 | -0.69 |
Net Income | -100.0% | - | 3,684,000 | -902,000 | -95,707,000 | -61,986,000 | 92,454,000 | -3,439,000 | -110,755,000 | -52,205,000 | 72,945,000 | -20,534,000 | -72,840,000 | -7,720,000 | -34,381,000 | -50,053,000 | 72,000 | -20,664,000 | -37,342,000 | -10,878,000 | -16,903,000 | -6,967,000 |
Net Income Margin | 19.7% | -5.99 | -7.46 | -1.56 | -1.07 | -0.98 | -0.69 | -0.83 | -0.94 | -0.62 | -0.24 | -1.17 | -1.37 | -0.80 | -0.90 | -0.86 | -0.49 | -0.54 | -0.43 | -0.64 | -0.74 | -0.67 |
Free Cashflow | -50.6% | -16,624,000 | -11,040,000 | -10,494,000 | -9,575,000 | -21,952,000 | -44,376,000 | -19,046,000 | -24,453,000 | -30,048,000 | -39,443,000 | -28,951,000 | -44,505,000 | -23,097,000 | -22,014,000 | -6,955,000 | -8,145,000 | -10,200,000 | -19,311,000 | -11,819,000 | -9,759,000 | -16,771,000 |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -6.1% | 915 | 974 | 1,016 | 1,168 | 1,516 | 1,842 | 2,055 | 2,237 | 2,336 | 2,414 | 2,495 | 2,503 | 2,612 | 2,649 | 2,743 | 2,779 | 2,764 | 2,751 | 2,793 | 2,799 | 2,840 |
Cash Equivalents | -14.3% | 115 | 134 | 99.00 | 125 | 120 | 133 | 130 | 150 | 54.00 | 107 | 153 | 140 | 138 | 144 | 118 | 82.00 | 97.00 | 139 | 232 | 326 | 443 |
Liabilities | -9.7% | 371 | 411 | 456 | 606 | 858 | 1,119 | 1,424 | 1,603 | 1,559 | 1,569 | 1,743 | 1,728 | 1,741 | 1,766 | 1,803 | 1,767 | 1,752 | 1,707 | 1,714 | 1,703 | 1,717 |
Shareholder's Equity | -3.3% | 544 | 562 | 559 | 562 | 658 | 720 | 631 | 634 | 777 | 845 | 752 | 775 | 871 | 883 | 940 | 1,012 | 1,012 | 1,043 | 1,079 | 1,096 | 1,123 |
Retained Earnings | -2.5% | -820 | -800 | -802 | -800 | -703 | -640 | -731 | -719 | -607 | -553 | -625 | -611 | -537 | -528 | -493 | -441 | -440 | -418 | -392 | -380 | -362 |
Additional Paid-In Capital | 0.0% | 1,362 | 1,362 | 1,361 | 1,361 | 1,360 | 1,360 | 1,360 | 1,242 | 1,242 | 1,241 | 1,240 | 1,230 | 1,201 | 1,177 | 1,180 | 1,178 | 1,178 | 1,150 | 1,146 | 1,144 | 1,124 |
Shares Outstanding | 0.1% | 56.00 | 56.00 | 56.00 | 56.00 | 56.00 | 50.00 | 48.00 | 44.00 | 44.00 | 42.00 | 42.00 | 43.00 | 39.00 | 38.00 | 38.00 | 39.00 | 37.00 | 36.00 | 36.00 | 36.00 | 36.00 |
Minority Interest | 0% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 111 | 142 | 157 | 136 | 156 | 208 | 234 | 253 | 275 | 275 | 312 | 326 | 331 | 361 |
Float | - | - | - | - | 362 | - | - | - | 155 | - | - | - | 540 | - | - | - | - | - | - | - | 407 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -50.6% | -16,624 | -11,040 | -10,494 | -9,575 | -21,952 | -44,376 | -19,046 | -24,453 | -30,048 | -39,443 | -28,951 | -44,505 | -23,097 | -22,014 | -6,955 | -8,145 | -10,200 | -19,311 | -11,819 | -9,759 | -16,771 |
Share Based Compensation | -2.6% | 644 | 661 | 647 | 653 | 774 | 1,032 | 843 | 467 | 425 | 631 | 272 | 42.00 | 911 | -6,214 | 1,374 | 626 | 1,179 | 2,611 | 1,349 | 1,353 | 1,532 |
Cashflow From Investing | -66.9% | 28,907 | 87,347 | 138,772 | 266,502 | 240,290 | 289,952 | 196,245 | 121,403 | -21,521 | 153,900 | 39,722 | 48,570 | 18,515 | 52,565 | 27,008 | -5,681 | -31,024 | -72,524 | -80,030 | -90,341 | -56,595 |
Cashflow From Financing | 24.7% | -31,225 | -41,455 | -151,184 | -251,225 | -231,225 | -241,225 | -193,295 | -1,225 | -1,225 | -161,232 | 2,549 | -1,323 | -1,206 | -1,216 | 19,191 | -1,236 | -1,299 | -1,225 | -1,336 | -17,020 | -16,866 |
Dividend Payments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8,966 | 8,998 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -12.00 | - | -2.00 | 1.00 | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
REVENUE | ||
Rental income | $ 5,725 | $ 418 |
Management and other fee income | $ 48 | $ 262 |
Type of Revenue [Extensible List] | Management and Other Fee Income [Member] | Management and Other Fee Income [Member] |
Total revenue | $ 5,773 | $ 680 |
EXPENSES | ||
Property operating | 3,673 | 8,185 |
Real estate taxes | 1,393 | 1,537 |
Depreciation and amortization | 5,271 | 4,564 |
General and administrative | 9,192 | 12,220 |
Total expenses | 19,529 | 26,506 |
Gain on sale of real estate, net | 1,139 | 12,392 |
Impairment of real estate assets | (1,148) | (2,576) |
Equity in income (loss) of unconsolidated entities | 379 | (36,372) |
Interest and other income, net | 1,423 | 5,585 |
Interest expense | (7,011) | (15,202) |
Loss before income taxes | (18,974) | (61,999) |
(Provision) benefit for income taxes | (11) | 13 |
Net income (loss) | (18,985) | (61,986) |
Preferred dividends | (1,225) | (1,225) |
Net loss attributable to Seritage common shareholders | $ (20,210) | $ (63,211) |
Net loss per share attributable to Seritage Class A common shareholders - Basic | $ (0.36) | $ (1.13) |
Net loss per share attributable to Seritage Class A common shareholders - Diluted | $ (0.36) | $ (1.13) |
Weighted average Class A common shares outstanding - Basic | 56,215 | 56,059 |
Weighted average Class A common shares outstanding - Diluted | 56,215 | 56,059 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Investment in real estate | ||
Land | $ 72,562 | $ 102,090 |
Buildings and improvements | 300,148 | 344,972 |
Accumulated depreciation | (31,514) | (36,025) |
Real Estate Investment Property, at Cost, Total | 341,196 | 411,037 |
Construction in progress | 132,210 | 135,305 |
Net investment in real estate | 473,406 | 546,342 |
Real estate held for sale | 75,574 | 39,332 |
Investment in unconsolidated entities | 199,810 | 196,437 |
Cash and cash equivalents | 114,875 | 134,001 |
Restricted cash | 15,883 | 15,699 |
Tenant and other receivables, net | 9,907 | 12,246 |
Lease intangible assets, net | 191 | 886 |
Prepaid expenses, deferred expenses and other assets, net | 24,922 | 28,921 |
Total assets | 914,568 | 973,864 |
Liabilities | ||
Term loan facility, net | 330,000 | 360,000 |
Accounts payable, accrued expenses and other liabilities | 40,970 | 50,700 |
Total liabilities | 370,970 | 410,700 |
Commitments and contingencies (Note 9) | ||
Shareholders' Equity | ||
Additional paid-in capital | 1,362,386 | 1,361,742 |
Accumulated deficit | (820,552) | (800,342) |
Total shareholders' equity | 542,424 | 561,990 |
Non-controlling interests | 1,174 | 1,174 |
Total equity | 543,598 | 563,164 |
Total liabilities and shareholders' equity | 914,568 | 973,864 |
Class A Common Shares [Member] | ||
Shareholders' Equity | ||
Common shares | 562 | 562 |
Series A Preferred Shares [Member] | ||
Shareholders' Equity | ||
Preferred shares | $ 28 | $ 28 |