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Seritage Growth Properties logo

Seritage Growth Properties

SRG

NYSEReal EstateREIT - Retail

Open in GoAI

Previous close

$2.13

+$0.02 · +0.95%

Aug 21, 4:00 PM ET

SRG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

53

Fair Value

Momentum

32

Weakening

Sentiment

50

Mixed

Risk resilience

31

High Risk

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Company profile

Company website

Seritage Growth Properties was principally engaged in the ownership, development, redevelopment, management, sale and leasing of diversified retail and mixed-use properties throughout the United States. As of March 31, 2026, the Company’s portfolio consisted of interests in 10 properties comprised of approximately 0.8 million square feet of gross leasable area or build-to-suit leased area and 154 acres of land. The portfolio encompasses five consolidated properties consisting of approximately 0.3 million square feet of GLA and 71 acres (such properties, the Consolidated Properties) and five unconsolidated entities consisting of approximately 0.5 million square feet of GLA and 83 acres (such properties, the Unconsolidated Properties). Seritage Growth Properties was incorporated in 2015 in Maryland, USA.

Industry
REIT - Retail
Sector
Real Estate
Headquarters
US
CEO
Adam Metz
Listed since
Jul 6, 2015
Employees
5

Market position

Day range

Current $2.13

52-week range

Current $2.13

Open
$2.10
Previous close
$2.11
Volume
217.06K
0.81× average
Average volume
266.57K
Average daily volume
Market cap
119.97M USD
Beta
2.22
Market reference 1
50-day average
$2.491
-14.49% below average
200-day average
$2.9363
-27.46% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-2.03×
P/B (TTM)
0.41×
P/S (TTM)
9.35×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
3.80%
Operating margin
-173.24%
Net margin
-439.78%

Financial health

Debt / equity
0.17×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends130%-234%-598%-962%Gross margin, FY2021: 31.21%Gross margin, FY2022: 38.61%Gross margin, FY2023: -31.91%Gross margin, FY2024: -15.05%Gross margin, FY2025: 9.70%Operating margin, FY2021: -48.62%Operating margin, FY2022: -44.29%Operating margin, FY2023: -322.87%Operating margin, FY2024: -259.85%Operating margin, FY2025: -200.32%Net margin, FY2021: -24.12%Net margin, FY2022: -69.07%Net margin, FY2023: -745.52%Net margin, FY2024: -871.27%Net margin, FY2025: -374.73%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 31.21%. Gross margin FY2022 38.61%. Gross margin FY2023 -31.91%. Gross margin FY2024 -15.05%. Gross margin FY2025 9.70%. Operating margin FY2021 -48.62%. Operating margin FY2022 -44.29%. Operating margin FY2023 -322.87%. Operating margin FY2024 -259.85%. Operating margin FY2025 -200.32%. Net margin FY2021 -24.12%. Net margin FY2022 -69.07%. Net margin FY2023 -745.52%. Net margin FY2024 -871.27%. Net margin FY2025 -374.73%.

Income trends

Revenue

18.2M USD+3.30%

Operating income

−36.47M USD+20.36%

Net income

−68.22M USD+55.57%
Income trends across reported periods143.84M USD35.2M USD−73.43M USD−182.07M USDRevenue, FY2021: 116.68M USDRevenue, FY2022: 107.06M USDRevenue, FY2023: 20.78M USDRevenue, FY2024: 17.62M USDRevenue, FY2025: 18.2M USDOperating income, FY2021: −56.73M USDOperating income, FY2022: −47.41M USDOperating income, FY2023: −67.09M USDOperating income, FY2024: −45.79M USDOperating income, FY2025: −36.47M USDNet income, FY2021: −28.15M USDNet income, FY2022: −73.95M USDNet income, FY2023: −154.91M USDNet income, FY2024: −153.54M USDNet income, FY2025: −68.22M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 116.68M USD. Revenue FY2022 107.06M USD. Revenue FY2023 20.78M USD. Revenue FY2024 17.62M USD. Revenue FY2025 18.2M USD. Operating income FY2021 −56.73M USD. Operating income FY2022 −47.41M USD. Operating income FY2023 −67.09M USD. Operating income FY2024 −45.79M USD. Operating income FY2025 −36.47M USD. Net income FY2021 −28.15M USD. Net income FY2022 −73.95M USD. Net income FY2023 −154.91M USD. Net income FY2024 −153.54M USD. Net income FY2025 −68.22M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue18.2M USD17.62M USD20.78M USD107.06M USD116.68M USD
Cost of goods sold16.44M USD20.27M USD27.41M USD65.72M USD80.26M USD
Gross profit1.77M USD−2.65M USD−6.63M USD41.34M USD36.42M USD
Selling, general, and administrative31.95M USD30.02M USD45.99M USD47.63M USD41.95M USD
Operating expenses38.23M USD43.14M USD60.46M USD88.75M USD93.15M USD
Interest income1.57M USD2.51M USD17.07M USD37.75M USD9.29M USD
Interest expense20.27M USD24.97M USD44.57M USD86.73M USD107.98M USD
Depreciation and amortization6.44M USD13.31M USD14.65M USD41.34M USD51.38M USD
Operating income−36.47M USD−45.79M USD−67.09M USD−47.41M USD−56.73M USD
Net income−68.22M USD−153.54M USD−154.91M USD−73.95M USD−28.15M USD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.13

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates-0.09-0.26-0.43-0.6Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 12, 2024: actual -0.41, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual -0.23, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual -0.42, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 14, 2025: actual -0.53, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 10, 2025: actual -0.221, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 31, 2026: actual -0.11, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual -0.56, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 13, 2026: actual -0.13, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates68.11M45.94M23.76M1.59MQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 31, 2025: actual 4.38M USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 4.6M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 14, 2025: actual 4.65M USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 10, 2025: actual 4.79M USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 31, 2026: actual 4.17M USD, estimate 63.2M USD, surprise -93.41%, Miss. Q2 2026, reported May 15, 2026: actual 2M USD, estimate 35.1M USD, surprise -94.30%, Miss. Q3 2026, reported Aug 13, 2026: actual 1.87M USD, estimate 35.1M USD, surprise -94.66%, Miss. Q4 2026, reported Nov 12, 2026: actual —, estimate 35.1M USD, surprise —, Comparison unavailable.

SRG news

seekingalpha.com

SRG Global Limited (SRGGF) Q4 2026 Earnings Call Transcript

SRG Global Limited (SRGGF) Q4 2026 Earnings Call Transcript

Read source
businesswire.com

Seritage Growth Properties Reports Second Quarter 2026 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…

Read source
prnewswire.com

CORCORAN ANNOUNCES FIRST AFFILIATE ON LONG ISLAND WITH LAUNCH OF CORCORAN SRG RESIDENTIAL

Led by Founders and Owners David Cohen, Jared Sarney, and Sam Horowitz, the Syosset-based brokerage brings a powerful combination of local expertise, new development experience, and a successful sales track record to the…

Read source

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ETFs holding SRG

Funds reporting this stock among their holdings, ordered by reported position size.

Schwab International Equity ETF logoSchwab International Equity ETFSCHF
Market value
32.75M
Weight
0.05%
AUM
69.7B USD
Expense ratio
0.03%
Price / 1D
$28.46+0.85%
State Street SPDR Portfolio Developed World ex-US ETF logoState Street SPDR Portfolio Developed World ex-US ETFSPDW
Market value
17.59M
Weight
0.04%
AUM
41.92B USD
Expense ratio
0.03%
Price / 1D
$52.02+0.79%
Schwab Fundamental International Large Company Index ETF logoSchwab Fundamental International Large Company Index ETFFNDF
Market value
11.17M
Weight
0.04%
AUM
26.15B USD
Expense ratio
0.25%
Price / 1D
$55.84+0.83%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
3.02M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
State Street SPDR MSCI EAFE StrategicFactors ETF logoState Street SPDR MSCI EAFE StrategicFactors ETFQEFA
Market value
1.86M
Weight
0.17%
AUM
1.08B USD
Expense ratio
0.30%
Price / 1D
$102.06+0.90%
State Street SPDR MSCI ACWI ex-US ETF logoState Street SPDR MSCI ACWI ex-US ETFCWI
Market value
1.39M
Weight
0.05%
AUM
2.88B USD
Expense ratio
0.30%
Price / 1D
$41.52+0.65%
ProShares - DJ Brookfield Global Infrastructure ETF logoProShares - DJ Brookfield Global Infrastructure ETFTOLZ
Market value
1.33M
Weight
0.76%
AUM
174.19M USD
Expense ratio
0.46%
Price / 1D
$58.97-0.91%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
1.22M
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%

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