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Upturn AI SWOT - About
Seritage Growth Properties (SRG)
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Upturn Advisory Summary
10/17/2025: SRG (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -11.91% | Avg. Invested days 38 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/17/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 168.97M USD | Price to earnings Ratio - | 1Y Target Price 8.5 |
Price to earnings Ratio - | 1Y Target Price 8.5 | ||
Volume (30-day avg) - | Beta 2.39 | 52 Weeks Range 2.43 - 5.52 | Updated Date 06/29/2025 |
52 Weeks Range 2.43 - 5.52 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -2.88 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) 282.85% |
Management Effectiveness
Return on Assets (TTM) -5.97% | Return on Equity (TTM) -33.85% |
Valuation
Trailing PE - | Forward PE 52.36 | Enterprise Value 314733821 | Price to Sales(TTM) 10.98 |
Enterprise Value 314733821 | Price to Sales(TTM) 10.98 | ||
Enterprise Value to Revenue 19.14 | Enterprise Value to EBITDA 74.55 | Shares Outstanding 56324600 | Shares Floating 37787616 |
Shares Outstanding 56324600 | Shares Floating 37787616 | ||
Percent Insiders 41.14 | Percent Institutions 48.46 |
Upturn AI SWOT
Seritage Growth Properties
Company Overview
History and Background
Seritage Growth Properties (SRG) was formed in 2015 as a real estate investment trust (REIT) spun off from Sears Holdings. Its initial focus was on redeveloping and re-tenanting former Sears and Kmart properties. Its evolution involved transforming these retail spaces into mixed-use properties with diverse tenants.
Core Business Areas
- Real Estate Redevelopment: Seritage's primary business involves redeveloping former Sears and Kmart properties into more valuable mixed-use spaces. This includes attracting new tenants, dividing large spaces, and improving property infrastructure.
- Property Management: Seritage also engages in the management of its real estate portfolio, overseeing tenant relationships, property maintenance, and leasing activities.
Leadership and Structure
The leadership structure includes a Board of Trustees and executive management team. Key figures include the CEO, CFO, and heads of real estate development and property management.
Top Products and Market Share
Key Offerings
- Redeveloped Retail Spaces: Seritage's primary offering is redeveloped retail and mixed-use spaces. The market share is difficult to quantify precisely, as it operates within a niche segment of redeveloping large retail spaces, not a standard market share. Competitors include other REITs focused on redevelopment, such as DDR Corp. before its merger with Retail Value Trust to form SITE Centers (SITC).
Market Dynamics
Industry Overview
The industry involves real estate redevelopment and REIT operations, which are influenced by macroeconomic conditions, consumer spending, and retail trends. The shift away from traditional brick-and-mortar retail has created opportunities for redeveloping underutilized properties.
Positioning
Seritage is positioned as a specialist in redeveloping large-format retail spaces. Its competitive advantage lies in its portfolio of strategically located former Sears and Kmart properties.
Total Addressable Market (TAM)
TAM is related to the total value of distressed retail real estate in the US and opportunities in mixed-use spaces. Seritage is positioned to capitalize on a portion of this TAM with its unique portfolio, but it's significantly impacted by debt and redevelopment progress.
Upturn SWOT Analysis
Strengths
- Strategic Property Locations
- Redevelopment Expertise
- Potential for Value Creation
- Experienced Management Team
Weaknesses
- High Debt Levels
- Redevelopment Execution Risk
- Dependence on Macroeconomic Conditions
- Dilution from Financing
Opportunities
- Increased Demand for Mixed-Use Spaces
- Partnerships with National Retailers
- Sale of Developed Assets
- Government Incentives for Redevelopment
Threats
- Economic Downturn
- Rising Interest Rates
- Increased Competition
- Changes in Consumer Spending Habits
Competitors and Market Share
Key Competitors
- SITE
- KIM
- REG
Competitive Landscape
Seritage faced disadvantages compared to larger, more diversified REITs with greater access to capital and more stable revenue streams.
Growth Trajectory and Initiatives
Historical Growth: Historical growth was characterized by redevelopment progress and tenant occupancy rates.
Future Projections: Future projections are limited due to the acquisition of the company, meaning the company is no longer a public entity.
Recent Initiatives: Recent initiatives focused on completing major redevelopment projects and attracting new tenants.
Summary
Seritage Growth Properties faced significant challenges as a REIT focused on redeveloping former Sears and Kmart properties. High debt levels, redevelopment execution risks, and macroeconomic conditions contributed to its challenges. The company ultimately was acquired. While strategic property locations and redevelopment expertise were strengths, they were offset by financial constraints and competition.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Press Releases
- Market Research Reports
Disclaimers:
This analysis is based on available public information and is subject to change. It should not be considered financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Seritage Growth Properties
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2015-07-06 | Interim President, Interim CEO & Independent Chairman Mr. Adam Spencer Metz | ||
Sector Real Estate | Industry Real Estate Services | Full time employees 7 | Website https://www.seritage.com |
Full time employees 7 | Website https://www.seritage.com | ||
Prior to the adoption of the Company's Plan of Sale, Seritage 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, 2025, the Company's portfolio consisted of interests in 16 properties comprised of approximately 1.6 million square feet of gross leasable area ("GLA") or build-to-suit leased area and 240 acres of land. The portfolio encompasses nine wholly owned properties consisting of approximately 0.8 million square feet of GLA and 132 acres (such properties, the "Consolidated Properties") and seven unconsolidated entities consisting of approximately 0.8 million square feet of GLA and 108 acres (such properties, the "Unconsolidated Properties").
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