Seritage Growth Properties (SRG)
Real Estate · Retail real estate investment trust · NYSE
A distressed real estate investment trust focused on monetizing a portfolio of retail and mixed-use properties amid significant liquidity and going concern challenges.
What Seritage Growth Properties does
Seritage Growth Properties is a real estate investment trust that acquires, owns, and redevelops retail and mixed-use properties across the United States. The company focuses on creating value through leasing of developed properties, densification of sites, achievement of entitlements, and the eventual sale of its portfolio assets. As of December 31, 2025, the company owns five consolidated properties and additional unconsolidated properties, with a primary objective to monetize its assets through a Plan of Sale.
Themes: Real estate investment and sales, Retail property monetization, Mixed-use redevelopment
Fundamentals
- Price$2.11 as of 2026-08-26 close
- Market cap$128M as of 2026-08-26
- 1-year return-40.4% 2025-08-26 close $3.54 → 2026-08-26 close $2.11
- P/En/a negative earnings
- Net margin-487.6% as of 2026-08-26
- Gross margin+8.2% as of 2026-08-26
- ROE-23.1% as of 2026-08-26
- Debt / equity0.16 as of 2026-08-26
- Revenue growth (YoY)-4.8% as of 2026-08-26
- Revenue CAGR (3y)-44.6% SEC XBRL
- Beta0.93 as of 2026-08-26
- Last reported earnings2026-08-14 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +3.8%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
How SRG compares in its sector
- net profit marginbottom 10% 161 covered Real Estate peers, as of 2026-08-26
- operating marginbottom 10% 161 covered Real Estate peers, as of 2026-08-26
- gross marginbottom 10% 156 covered Real Estate peers, as of 2026-08-26
- return on equitybottom 10% 162 covered Real Estate peers, as of 2026-08-26
- 3-year revenue CAGRbottom 10% 155 covered Real Estate peers
- indicated dividend yieldmiddle range 138 covered Real Estate peers, as of 2026-08-26
Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage
Not assessed — last reported dividend predates the accounts. The most recent fiscal year in which SRG reported a dividend payment is FY2019, while its reported financial statements run through FY2025. Coverage is therefore not assessed for the latest year — an FY2019 ratio would not describe SRG today.
Coverage is derived from reported SEC EDGAR XBRL figures, comparing dividends paid against net income and free cash flow for the SAME fiscal year. It is not shown here because the latest fiscal year with a reported dividend payment (FY2019) is older than the latest year of reported financial statements (FY2025), so any ratio would describe an out-of-date year. Informational only — not financial advice.
How Seritage Growth Properties looks technically
Seritage Growth Properties (SRG) is trading 27.8% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 139 trading days ago — a "death cross", a bearish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 49, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 31, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 10 trading days ago (its momentum flipped negative). It made a new 20-day low about 6 trading days ago. It is 3.2% above its 52-week low (its lowest price of the past year).
Trend
8
| Distance from the 200-day | it is trading 27.8% below its 200-day average, the long-term trend line — a long-term downtrend | -27.8% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $2.46 | $2.46 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $2.92 | $2.92 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 47 calendar days ago — the swings before that are what the structure reading is measured on | 47 sessions |
| Wave structure | its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in the fourth leg, a pullback against that downward direction; the labelling fails if price closes above 2.54. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible downward five-wave sequence, in wave 4 (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 139 trading days ago — a "death cross", a bearish long-term signal | 139 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 49, with sellers in control | 49.2 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 31, neither overbought (above 70) nor oversold (below 30) | 30.6 |
|---|---|---|
| Position in its 14-day range | it is trading near the bottom of its 14-day range ($2.04 to $2.44) — its "stochastic" reading is 16 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 16.5 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 10 trading days ago (its momentum flipped negative) | 10 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $4.56 | $4.56 |
|---|---|---|
| From the 52-week high | it is 53.7% below its 52-week high (its highest price of the past year) | -53.7% |
| Above the 52-week low | it is 3.2% above its 52-week low (its lowest price of the past year) | +3.2% |
| Below the 52-week high | it is 53.7% below its highest point of the past year | 53.7% |
| Since a 20-day breakout | it made a new 20-day low about 6 trading days ago | 6 sessions |
| Since a 55-day breakout | it made a new 55-day low about 6 trading days ago | 6 sessions |
| All-time high | its highest closing price on record is $57.31 (set on 2016-04-15) | $57.31 |
| Given back of the 52-week move | over the past year its closes ranged ($2.07 to $4.48), and it has recovered essentially none of its fall from last year’s high — 2% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $3.56 to $3.64. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 1.7% |
| From the all-time high | it is 96.3% below its all-time high | -96.3% |
| Nearest price level | it is trading 15.4% below a resistance level at $2.44 — a price it turned at twice since 2025-04-08, most recently on 2026-04-16. Since 2024-08-26 it has 0 such levels below the current price and 15 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +15.4% |
| All-time low | its lowest closing price on record is $2.04 (set on 2026-08-20) | $2.04 |
| Above the all-time low | it is 3.2% above its all-time low | +3.2% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually wide versus its own recent history (wider than about 99% of the past ~6 months) | 99th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.0689 between its high and its low — about 3.3% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.0689 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $2.01 and $2.57 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $2.01 – $2.29 – $2.57 |
| Typical daily range (% of price) | its price moves about 3.3% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 3.3% |
| Stretch from the 200-day average | it is trading 11.8 daily ranges below its 200-day average price (27.8% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 11.8 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.08× |
|---|
Candlestick patterns
1
| Since a doji | today it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | today |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 12.3 percentage points (the stock lost 8.7% while the market gained 3.7%) | -12.3% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 23.3 percentage points (the stock lost 21.3% while the market gained 2.1%) | -23.3% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 40.8 percentage points (the stock lost 29.7% while the market gained 11.1%) | -40.8% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 59.1 percentage points (the stock lost 40.4% while the market gained 18.7%) | -59.1% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 6 of the 9 technical signals we can compute for it are currently in a bearish state: a strong downtrend, with sellers in control, a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, MACD momentum is negative, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 6 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 19% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-21 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thin, spanning 0.2% of the share price, which is taken to mean a barrier that gives way easily. | -18.8% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 23% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $2.73 — a volume-weighted average of daily closes over 161 sessions, not a true tick-by-tick VWAP. | -22.8% |
|---|
Price levels it has turned at before
SRG last closed at $2.11 on 2026-08-26. Since 2024-08-26 it has turned at 0 prices below its last close and 15 above; the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $2.44 | Resistance | 15.4% above the last close | turned there twice · 2025-04-08 to 2026-04-16 |
| $2.55 | Resistance | 20.9% above the last close | turned there twice · 2026-06-30 to 2026-07-10 |
| $2.72 | Resistance | 29.0% above the last close | turned there four times · 2025-06-02 to 2026-07-06 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 4 of five, a pullback against that direction.
This labelling fails — stops being a possible reading at all — if it closes above $2.54.
It is the only labelling that fits these swings, though its proportions are not the textbook ones.
On past moves of this shape the leg has usually ended somewhere between $2.54 and $2.60 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
This labelling was already in place when we began recording count changes on 2026-08-12, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-08-26.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · Near the all-time low · lagging the market · Printed a doji candle · Stretched far below its 200-day average (6+ daily ranges) | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-26. Describes past price behavior only — informational, not financial advice.
Key risks (from latest filing)
["Going concern uncertainty—the company faces substantial doubt about its ability to continue operations, with a matured Term Loan Facility due July 31, 2026, and reliance on asset sales for liquidity.","Negative operating cash flow—property rental income did not fully fund obligations in Q1 2026, requiring asset sales and financing to bridge operational shortfalls.","Challenging market conditions including elevated interest rates, limited debt and equity capital availability, and declining asset valuations that may reduce Plan of Sale proceeds."]
What changed in the latest 10-Q
AI-assisted comparison of SRG's 10-Q filed 2026-05-15 against the prior one filed 2025-11-14.
Management's Discussion & Analysis (MD&A)
- Added:
- Reference to "Annual Report on Form 10-K for the year ended December 31, 2025" (newer filing, 2026-05-15)
- Reference to "uncertainty caused by wars" in Market Update section (newer filing, 2026-05-15)
- Statement that "interest rates have started to decline" (newer filing, 2026-05-15)
- Removed:
- Reference to "Annual Report on Form 10-K for the year ended December 31, 2024" (older filing, 2025-11-14)
- Statement that "interest rates have begun to come down" (older filing, 2025-11-14)
- Reworded:
- Portfolio date changed from "September 30, 2025" to "March 31, 2026" (newer filing, 2026-05-15)
- Number of properties decreased from 13 to 10 (newer filing, 2026-05-15)
- GLA decreased from approximately 1.3 million to 0.8 million square feet (newer filing, 2026-05-15)
- Land acreage decreased from 198 acres to 154 acres (newer filing, 2026-05-15)
- Consolidated properties decreased from eight to five with GLA of 0.3 million and 71 acres (newer filing, 2026-05-15)
- Unconsolidated entities land increased from 85 acres to 83 acres (newer filing, 2026-05-15)
- Impairment section now reports three months ended March 31, 2026 with $15.2 million loss versus nine months ended September 30, 2025 with $18.8 million loss (newer filing, 2026-05-15)
- Impairment description changed from "transferring the Aventura, FL property to held for sale" and "accepting an offer to sell below carrying value" to "marketed process that resulted in receiving offers below carrying value" (newer filing, 2026-05-15)
- Other-than-temporary impairment on unconsolidated entities changed from $8.5 million (nine months) to $5.2 million (three months) (newer filing, 2026-05-15)
- Market Update phrasing changed from "continues to assess other potential macroeconomic impacts" to "continues to assess other potential macroeconomic impacts including supply chain issues, international conflicts associated with tariffs, potential labor issues, and uncertainty caused by wars" (newer filing, 2026-05-15)
- Notes:
- The older filing section appears truncated at the end of Market Update; comparison is based on complete text available
- Portfolio composition changes reflect actual divestiture activity between reporting periods rather than restatement
Risk Factors
- Added:
- Newer filing (2026-05-15) adds specific detail: 'During the three months ended March 31, 2026, the Company received a distribution from an unconsolidated joint venture of $5.7 million due to a sale of a portion of an Unconsolidated Property.'
- Newer filing (2026-05-15) adds: 'The Company did not make any paydowns on the Term Loan Facility during the three months ended March 31, 2026.'
- Newer filing (2026-05-15) adds: 'Subsequent to March 31, 2026, we sold one Consolidated Property for gross proceeds of $11.0 million.'
- Newer filing (2026-05-15) adds: 'The Company does not currently have any assets under contract with closings that are deemed probable.'
- Removed:
- Older filing (2025-11-14) stated: 'The Board of Trustees is currently overseeing the Plan of Sale.' This sentence is removed in newer filing.
- Older filing (2025-11-14) referenced nine-month period ended September 30, 2025 with $33.7 million net operating cash outflows. Newer filing references three-month period ended March 31, 2026 with $5.7 million net operating cash outflows.
- Older filing (2025-11-14) stated: 'During the nine months ended September 30, 2025, the Company sold two Consolidated Properties and two Unconsolidated Properties for gross proceeds of $60.7 million and made aggregate principal prepayments of $40.0 million reducing the outstanding Term Loan Facility balance to $200.0 million at September 30, 2025.' This detailed transaction history is removed in newer filing.
- Older filing (2025-11-14) included detailed asset pipeline: 'As of November 13, 2025, there are four Consolidated Properties under contract for aggregate gross proceeds of $240.8 million...' This entire paragraph of specific pending transactions is removed in newer filing.
- Older filing (2025-11-14) reference to Annual Report for year ended December 31, 2024 changed to December 31, 2025 in newer filing.
- Older filing (2025-11-14) reference to September 30, 2025 reporting dates changed to March 31, 2026 in newer filing.
- Reworded:
- Going Concern analysis language simplified: Older filing stated management's plans 'do not alleviate substantial doubt...until assets under contract are sufficient to increase...or until alternative financing arrangements have been made.' Newer filing states 'management's plans do not alleviate substantial doubt about the Company's ability to continue as a going concern' without the conditional qualifiers.
- Older filing: 'As of September 30, 2025 and December 31, 2024, the Company has investments...' changed to newer filing: 'As of March 31, 2026 and December 31, 2025, the Company has investments...'
- Operating results disclosure changed from 'three and nine months ended September 30, 2025' in older filing to 'three months ended March 31, 2026' in newer filing.
- Notes:
- The older filing section appears truncated at the end ('Certain reclassifications have been made to previously reported amounts to conform to the current per'); comparison of final sections limited by text truncation.
- The newer filing section also appears truncated at the end of Segment Reporting section; full comparison of that section not assessable.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days.
- Last 180 days0 buys · 1 sell ($650243) — 1 selling insider
Most recent open-market transaction: 2026-03-31. As of 2026-08-27.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about SRG's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
4 institutional 13F filers reported holding SRG as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 4
- Reported shares held 1,600,374
- Reported value $4,497,050
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 2 increased, 2 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
SRG had 4,587,105 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for SRG because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 4,587,105
- Prior settlement (shares) 4,585,004
- Reported change 0.05%
- Days to cover (reported) 18.83
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Urstadt Biddle Properties (UBA)
- Retail Opportunity Investments Corp (ROIC)
- Whitestone REIT (WSR)
- Ramco-Gershenson Properties (RPT)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare SRG vs…
Frequently asked questions
What does Seritage Growth Properties (SRG) do?
Seritage Growth Properties is a real estate investment trust that acquires, owns, and redevelops retail and mixed-use properties across the United States. The company focuses on creating value through leasing of developed properties, densification of sites, achievement of entitlements, and the eventual sale of its portfolio assets.
What sector is Seritage Growth Properties (SRG) in?
Seritage Growth Properties (SRG) is classified in the Real Estate sector. Its industry is Retail real estate investment trust. It trades on NYSE.
Does SRG pay a dividend?
Yes — Seritage Growth Properties (SRG) pays a dividend, with an indicated yield of about 3.82% and 1-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-08-26). Informational only — not financial advice.
Who are Seritage Growth Properties's (SRG) competitors?
Notable peers of Seritage Growth Properties (SRG) include Urstadt Biddle Properties, Retail Opportunity Investments Corp, Whitestone REIT and Ramco-Gershenson Properties. This peer set is informational only — not financial advice.
Is Seritage Growth Properties (SRG) overbought or oversold right now?
Seritage Growth Properties (SRG) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 31, in the neutral middle (as of 2026-08-26). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on SRG come from?
Fundamentals and prices come from market data, as of 2026-08-26; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-26. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-26.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.