SRG

Seritage Growth Properties Class A common shares of beneficial interest, par value $0.01

$1.62

Current Price

All

AI analysis

Read what the AI thinks of Seritage Growth Properties Class A common shares of beneficial interest, par value $0.01 in the app.

Analyses are generated by AI from public data and are not investment advice.

Get the app

Key figures

Dividend per share

—

Yield

—

EPS

-$0.96

P/E

—

Data as of Oct 1

Why it matters for the long term

Over 10-20 years, what drives a share up is the growth of its profits (EPS) + reinvested dividends. The P/E tells you whether you are paying a lot or a little for that growth. In short: rising EPS + reasonable P/E + growing dividend = good long-term candidate.

Upcoming events

Quarterly earnings

Nov 12

Posts

No posts about SRG yet.

About Seritage Growth Properties Class A common shares of beneficial interest, par value $0.01

Seritage Growth Properties is a real estate investment trust, a company that makes money by owning buildings and land and collecting rent or sale proceeds from them. It was spun off from Sears in 2015 to hold many old Sears and Kmart store sites, with a plan to redevelop them into shopping centers, apartments, and offices. Since 2022 the company has shifted into wind-down mode, selling off nearly all of its properties and returning the cash to shareholders instead of growing as an ongoing landlord.