Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
FY2027 EPS: comparable history unavailable.
Seritage Growth Properties (SRG)
NYSEReal EstateReit - RetailSnapshot 2026-11-04
$1.68-4.55%
Close 2026-11-05 · 1-day change
NYSEReal EstateReit - RetailSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
No analysts cover EPS estimates for this fiscal period.
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
The calculation requires same-period, same-provider snapshots, positive EPS, at least one analyst and a baseline within three days of the requested lookback.
The EPS and P/E reference is not available for SRG yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Successful execution of M&A and asset sales | The company is actively managing its portfolio with recent M&A activity. | Intact | no material M&A or asset sales completed by end 2026 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
FY2027 EPS: comparable history unavailable.
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Nov 13, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is a loss-making, asset-monetization situation rather than a proven durable compounder. The thesis state is watch: recent performance trails its industry cohort, though the signal recently shifted from cautious to mixed.
SRG is valued at an expensive premium to peers, while the model’s confidence is low and its expectations gap is notable. The evidence labels that premium unjustified, but does not show that the broader mix of weak performance and management volatility is fully reflected.
Near term, results are weak and the risk level is elevated, although the stated miss risk is quiet. Management has made progress on asset monetization, including recent proceeds and a property option agreement, but execution status remains mixed; preferred dividends have continued, and CEO continuity is a stated priority.
Over the next few quarters, the thesis depends on continued progress selling assets and avoiding a guidance cut. Fed rate cuts could support rate-sensitive real estate, while weakness among major sector peers could remove that support.
For the next 1 to 3 years, SRG remains a fragile, execution-dependent long-term thesis, with asset sales offering the clearest support and weak performance the main concern. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| It maintains a stable preferred dividend of $0.4375 per share. |
| Intact |
| preferred dividend falls below $0.44 per share next quarter |
Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Limit revenue decline to less than -25% YoY | A primary condition in Seritage Growth Properties's published investment case. The stated target is revenue decline > -25% YoY. | Intact | revenue decline worse than -25% YoY in FY26 | Revenue growth: -59.72% FY2026-Q2; GAAP. Published target: revenue decline > -25% YoY. Annual target cannot be compared with a quarterly or TTM observation. Aug 14, 2026-59.724909 percent · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$0.19B → $0.19B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-07-25 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-07-26 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-07-27 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-07-28 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-07-29 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-07-30 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-07-31 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-01 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-02 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-03 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-04 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-05 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-06 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-08 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-09 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-10 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-12 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-13 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-14 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-15 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-16 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-17 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-18 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-19 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-20 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-21 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-22 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-23 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-24 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-25 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-26 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-27 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-28 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-29 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-30 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-08-31 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-01 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-02 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-03 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-04 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-05 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-06 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-07 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-08 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-09 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-10 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-11 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-12 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-13 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-14 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-15 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-16 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-17 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-18 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-19 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-20 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-21 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-22 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-23 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-24 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-25 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-26 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-27 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-28 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-29 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-09-30 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-01 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-02 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-03 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-04 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-05 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-06 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-07 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-08 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-09 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-10 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-11 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-12 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-13 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-14 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-15 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-16 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-17 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-18 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-19 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-20 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-21 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-22 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-23 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-24 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-25 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-26 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-27 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-28 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-29 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-30 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-10-31 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-11-01 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-11-02 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-11-03 | Unavailable | $194,600,000 | 0 / 1 |
| 2026-11-04 | Unavailable | $194,600,000 | 0 / 1 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Monthly analyst history is unavailable.
Recent actions · Oct 6–Nov 4 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.