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Upturn AI SWOT - About
Seritage Growth Properties (SRG)
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Upturn Advisory Summary
08/28/2025: 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 -20.56% | Avg. Invested days 31 | 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 08/28/2025 |
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 REIT, spun off from Sears Holdings Corporation. Its primary objective was to redevelop and re-tenant former Sears and Kmart properties.
Core Business Areas
- Real Estate Redevelopment: Seritage focuses on redeveloping retail properties into mixed-use assets, including retail, entertainment, office, and residential spaces.
- Property Management: The company manages its portfolio of properties, leasing space to tenants.
Leadership and Structure
Edward S. Lampert was the Chairman of the Board; Andrea Olshan is the CEO. The organizational structure is typical of a publicly traded REIT.
Top Products and Market Share
Key Offerings
- Redeveloped Retail Space: Seritage's main offering is redeveloped retail and mixed-use space. Information regarding market share and revenue from specific properties is not publicly available. Competitors include other REITs and property developers like Simon Property Group (SPG) and Brookfield Property Partners.
Market Dynamics
Industry Overview
The retail real estate industry is undergoing a transformation, with a shift toward mixed-use developments and experiential retail. This change reflects evolving consumer preferences and the growth of e-commerce.
Positioning
Seritage has carved a niche in redeveloping large retail spaces, aiming to create higher-value properties. Its competitive advantage lies in its portfolio of former Sears and Kmart locations, often situated in prime real estate areas.
Total Addressable Market (TAM)
The total addressable market is difficult to quantify due to the varying nature of redevelopment projects. However, given the vast amount of retail space requiring revitalization in the U.S. it is estimated to be in the hundreds of billions. Seritage is positioned to capture a small but significant portion of this market.
Upturn SWOT Analysis
Strengths
- Prime Real Estate Locations
- Redevelopment Expertise
- Portfolio Diversification
Weaknesses
- High Debt Levels
- Limited Operating History
- Dependence on Redevelopment Success
Opportunities
- Growing Demand for Mixed-Use Developments
- Expansion into New Markets
- Strategic Partnerships
Threats
- Economic Downturn
- Rising Interest Rates
- Increased Competition
Competitors and Market Share
Key Competitors
- SPG
- MAC
- BAM
Competitive Landscape
Seritage faces intense competition from established REITs with larger portfolios and greater financial resources. Its success depends on its ability to execute its redevelopment strategy effectively.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by redevelopment progress and leasing activities.
Future Projections: Future projections are dependent on successful completion of redevelopment projects and leasing new tenants. Analyst estimates vary widely.
Recent Initiatives: Recent initiatives include securing financing for redevelopment projects and attracting new tenants.
Summary
Seritage Growth Properties focuses on redeveloping former Sears and Kmart locations into mixed-use properties, presenting both opportunities and risks. High debt levels and dependence on redevelopment success are key challenges. Successful execution of redevelopment plans and attracting new tenants are vital for future growth. Competition from larger, well-established REITs remains a significant factor to consider. Liquidation announced in late 2022 has altered the long term forecast.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Investor Relations
- Market Research Reports
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on thorough research and consultation with a financial advisor. Market conditions are subject to change.
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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