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SRG / Seritage: Special Situation Opportunity Happening Now With 'Near Term' Shareholder Value Creation To Follow

Seritage: Special Situation Opportunity Happening Now With 'Near Term' Shareholder Value Creation To Follow
Seritage was a $40 stock pre-COVID with a price predicated on years of hard work that would be needed to reposition and re-develop assets to achieve that valuation. The largest shareholder (Eddie Lampert) initiated an SEC filing in November 2021, when shares ranged from $14.50 to $17, calling the shares "undervalued" as part of the filing. Read More
Posted: Apr 22 2022, 07:49
Author Name: Seeking Alpha
Views: 111425

SRG News  

Seritage: Nearing The Finish Line

By Seeking Alpha
August 19, 2023

Seritage: Nearing The Finish Line

Seritage Growth Properties reported Q2-2023 results which were loaded with asset sales. Cash burn still remains high, and the impairment did not help more_horizontal

Seritage: No Returns For The Weary

By Seeking Alpha
March 19, 2023

Seritage: No Returns For The Weary

In our last article, we shunned the idea that Seritage shareholders had a big payday ahead. Realistic valuations suggested that the stock was trading more_horizontal

Seritage: Don't Fear The Deal Slowdown

By Seeking Alpha
February 12, 2023

Seritage: Don't Fear The Deal Slowdown

Seritage Growth Properties reduced its term loan balance to $800 million in early February, extending its remaining debt maturities to July 2025. Remo more_horizontal

2 Stocks With More Than $1 Billion of Debt That Could Soar in 2023

By The Motley Fool
November 30, 2022

2 Stocks With More Than $1 Billion of Debt That Could Soar in 2023

Sometimes, companies with a lot of debt can be good turnaround stories. more_horizontal

This Stock Has Doubled in July and Could Keep Rising

By The Motley Fool
July 16, 2022

This Stock Has Doubled in July and Could Keep Rising

After doubling so far in July, Seritage Growth Properties stock could potentially double again over the next two or three years. more_horizontal

Why Seritage Growth Properties Stock Skyrocketed Today

By The Motley Fool
July 8, 2022

Seritage Growth (SRG) Stock Pops 50% on Sale Proposal

By InvestorPlace
July 8, 2022

Seritage Growth (SRG) Stock Pops 50% on Sale Proposal

The stock of Seritage Growth Properties is up an impressive 50% today after the real estate company encouraged shareholders to vote in favor of a sale more_horizontal

Seritage: Berkshire Is Not Taking A Haircut Here

By Seeking Alpha
June 13, 2022

Seritage: Berkshire Is Not Taking A Haircut Here

We have generally had a negative outlook on Seritage. The stock has agreed 100% and then some. more_horizontal


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