Seritage: The Long-Term Perspective [Seeking Alpha]
Seritage Growth Properties Class A (SRG)
NASDAQ:AMEX Investor Relations:
ir.seritage.com
Company Research
Source: Seeking Alpha
Summary Seritage has been able to achieve 10-11% unlevered returns on additional capital invested. Two-thirds of the estate is yet to be redeveloped. Seritage can triple shareholders' capital over the next 8-10 years. Seritage Growth Properties ( SRG Thesis Seritage Growth Properties is an American retail REIT focused on increasing the value of their estate. The company repurposes old Sears stores turning them into multipurpose retail centres. So far, Seritage has been able to achieve 10-11% unlevered returns on additional capital invested in these redevelopment projects. Approximately two-thirds of the estate is yet to be redeveloped. We expect that Seritage will continue deploying capital at this attractive rate of return and will at least triple shareholders' capital over the next 8-10 years. From the long-term perspective, this is a low-risk investment opportunity, providing an attractive rate of return. Redevelopment Activity We assume that after estate redevelopment Seritage wil
Show less
Read more
Impact Snapshot
Event Time:
SRG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SRG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SRG alerts
High impacting Seritage Growth Properties Class A news events
Weekly update
A roundup of the hottest topics
SRG
News
- Seritage Growth Properties Third Quarter 2024 Earnings: US$0.41 loss per share (vs US$0.038 loss in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Seritage Growth Properties Reports Third Quarter 2024 Operating Results [Yahoo! Finance]Yahoo! Finance
- Seritage Growth Properties Reports Third Quarter 2024 Operating ResultsBusiness Wire
- Seritage Growth Properties (NYSE: SRG) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Seritage Growth Properties Makes $25 Million Loan PrepaymentBusiness Wire
SRG
Sec Filings
- 11/21/24 - Form 8-K
- 11/14/24 - Form SC
- 11/12/24 - Form 8-K
- SRG's page on the SEC website