Seritage Growth Properties (SRG)
NYSEReal EstateReit - RetailSnapshot 2026-09-04
$2.08-4.15%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - RetailSnapshot 2026-09-04
QuarterlyIQ Insights · SRG
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 843.4% |
| Our one-year growth estimate | diamond | -34.4% |
Growth built into the price is above our model estimate.
The price assumes 877.8 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Model as of 2026-09-04 · Compared with 22 industry peers · Company calendar date is not available
SRG — credit agreement
Dated 2026-07-28
Entry into a Material Definitive Agreement On July 24, 2026, certain affiliates of Seritage Growth Properties, a Maryland real estate investment trust (the “Company”) as borrowers and b1Bank, a Louisiana state charted bank (“Lender”) as lender entered into (i) a Loan and Security Agreement (the “Real Estate Loan Agreement”) providing for a $15.0 million term loan facility (the “Term Loan Facility”) and (ii) a Business Loan Agreement (the “Business Loan Agreement”) providing for a $25.0 millio…
Why it matters: Keeping the dividend shows that the company is stable. It also helps shareholders.
Supportive ifThe Company pays the declared dividend of $0.4375 per share on schedule.
Worry ifThe Company suspends or delays the dividend payment.
Why it matters: Sales above this level show progress in carrying out the Plan of Sale.
Supportive ifQ3 asset sales exceed $10 million in gross proceeds.
Worry ifQ3 asset sales fall below $10 million in gross proceeds.
Why it matters: The earnings report will show if Seritage can improve its financial situation. Investors will look for signs of recovery.
Watch forThe earnings report shows revenue growth speeding up. It is now above 5% year over year.
Also watch forEarnings report shows continued revenue decline or no growth.
Why it matters: More impairment charges could show bigger problems with asset values.
Worry ifThe company will report new impairment charges over $5 million in the next quarter.
Less concerning ifNo new impairment charges reported in the next quarter.
Why it matters: More money from asset sales shows the Plan of Sale is working and helps cash flow.
Supportive ifAsset sales brought in over $220 million as the company follows its Plan of Sale.
Worry ifAsset sales brought in less than $220 million, showing trouble in selling assets.
Why it matters: Paying dividends shows that a company is stable. It also shows they care about shareholders.
Supportive ifThe Board declares the next preferred share dividend at $0.4375 per share.
Worry ifThe Board does not declare the preferred share dividend in the next quarter.
Why it matters: The money from asset sales is important for Seritage's Plan of Sale. It helps their finances.
Supportive ifSeritage announced that asset sales will bring in more than $220 million to $310 million.
Worry ifProceeds from asset sales fall below the lower end of the guidance range.
Why it matters: Regular cash flow from asset sales is key. It helps fund operations and cut debt.
Supportive ifThe Company makes more than $10 million from asset sales for several quarters.
Worry ifThe Company makes less than $5 million from asset sales for two quarters in a row.
Why it matters: Refinancing this debt is important for the company’s cash flow and operations. Not refinancing could make people doubt its ability to keep running.
Worry ifRefinancing the $50 million corporate debt by July 31, 2026, is a win.
Less concerning ifNot refinancing the $50 million corporate debt by the due date is a failure.
Why it matters: This report will provide updates on financial health and asset sales. It is critical for assessing ongoing performance.
Watch forEarnings report shows reduced net loss compared to $31.3 million in Q1 2026.
Also watch forEarnings report shows an increase in net loss beyond $31.3 million.
Why it matters: The lawsuit outcome could change Seritage's finances. It may also affect how people see management.
Watch forA court ruling in favor of Seritage, dismissing the class action lawsuit.
Also watch forA ruling against Seritage could lead to fines or more scrutiny.
Why it matters: Progress in the strategic review may lead to better options for shareholders.
Watch forManagement shares news about a major deal or asset sale.
Also watch forManagement shows no progress or delays in the strategic review.
Why it matters: This sale could generate $50.8 million, aiding the Plan of Sale and liquidity.
Supportive ifThe sale closes and the company receives the full $50.8 million in gross proceeds.
Worry ifThe sale is not completed by the end of 2026, or proceeds are significantly lower.
Why it matters: If it drops below this level, it may cause liquidity problems. This could affect operations.
Worry ifCash on hand reported at or above $40 million in the next quarterly report.
Less concerning ifCash on hand falls below $40 million. This shows possible financial trouble.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$143 on $10,000 · ±1.4% | How much price usually moves either way. |
| Bad day | $431 loss on $10,000 · 4.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $5,491 loss on $10,000 · 54.9% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.