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Upturn AI SWOT - About
Seritage Growth Properties (SRG)
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Upturn Advisory Summary
06/30/2025: SRG (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $8.5
1 Year Target Price $8.5
| 0 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -10.46% | Avg. Invested days 45 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
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 |
Analyst Ratings
Rating - | Target Price 8.5 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Seritage Growth Properties
Company Overview
History and Background
Seritage Growth Properties (SRG) was formed in 2015 as a REIT to acquire properties from Sears Holdings. It aimed to redevelop and reposition these locations for higher-value tenants. In late 2022, SRG approved a Plan of Liquidation, which was completed in mid 2023. The company is in the process of selling off its assets.
Core Business Areas
- Real Estate Redevelopment: Initially, SRG focused on redeveloping former Sears and Kmart locations into multi-tenant properties with a mix of retail, dining, entertainment, and other uses. Now only selling the assets.
- Property Management: SRG previously managed and leased its properties, including tenant relationships and property maintenance, but this is now limited to management for liquidation.
- Asset Disposition: Seritage's primary business is currently the liquidation and sale of its real estate assets to maximize value for shareholders.
Leadership and Structure
Historically, the CEO was Benjamin Schall. Currently, it's focused on managing the liquidation process. The company is structured to efficiently manage the sale of its assets.
Top Products and Market Share
Key Offerings
- Real Estate Assets: Seritage's primary offering is its portfolio of redevelopable real estate assets. Given the liquidation, precise market share data is no longer relevant. The market is other REITs, developers, and private equity firms. Competitors are whoever can afford to purchase the properties offered for sale.
Market Dynamics
Industry Overview
The REIT industry, especially retail-focused REITs, has faced challenges due to changing consumer behavior and e-commerce growth. Liquidation is now the focus.
Positioning
Seritage, historically, was positioned as a redeveloper of retail properties. Now, it is a seller of assets. Its advantage is potentially undervalued real estate. Its competitive advantage is its scale and geographically diverse portfolio, now offered for sale.
Total Addressable Market (TAM)
The TAM is related to the value of the properties for sale and the capital available in the commercial real estate market. Specific numbers are difficult to obtain given the nature of asset sales. Seritage is attempting to capture as much value as possible from its asset sales within the market.
Upturn SWOT Analysis
Strengths
- Portfolio of geographically diverse assets
- Potential for undervalued properties
- Experienced management team overseeing liquidation
- Reduced operating expenses due to liquidation focus
Weaknesses
- Liquidation process may not maximize value
- Real estate market fluctuations impacting sales price
- Potential for legal and regulatory challenges
- Dependence on buyers' ability to secure financing
Opportunities
- Favorable real estate market conditions
- Strategic partnerships with experienced developers
- Sale of assets at premium valuations
- Reduced operational costs.
Threats
- Economic downturn impacting real estate values
- Rising interest rates increasing cost of capital
- Failure to sell assets at desired prices
- Unexpected liabilities or obligations
Competitors and Market Share
Key Competitors
- SPG
- MAC
- ARE
Competitive Landscape
Seritage is not directly competing. Its advantage is the liquidation of assets.
Growth Trajectory and Initiatives
Historical Growth: Historically, SRG aimed for growth through redevelopment. That is no longer the case.
Future Projections: Future projections are centered on the timeline and value of asset sales during the liquidation process. Projections are speculative.
Recent Initiatives: Recent initiatives are focused solely on the liquidation and sale of assets.
Summary
Seritage Growth Properties is currently in the process of liquidating its assets after abandoning its redevelopment strategy. The success of the company now depends on the ability of the management team to obtain fair value for the properties they are attempting to sell off and return that capital to shareholders. The real estate market's health will be a crucial factor. Investors need to consider the risks associated with liquidation before investing. The company's financial future is solely tied to the speed and efficiency of this liquidation process.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Market data sources
- News articles
Disclaimers:
This analysis is based on available information and current market conditions. 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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