|Bid||0.00 x 1300|
|Ask||0.00 x 900|
|Day's Range||11.52 - 12.03|
|52 Week Range||11.52 - 24.04|
|Beta (5Y Monthly)||2.09|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar. 28, 2019|
|1y Target Est||N/A|
Seritage Growth Properties is starting to pay down debt using some of its asset sale proceeds. But is it too little, too late?
Generally speaking long term investing is the way to go. But along the way some stocks are going to perform badly. For...
Back in 2015, Seritage Growth Properties (NYSE: SRG) was formed to buy a substantial chunk of Sears Holdings' real estate, giving the struggling retail icon a $2.7 billion cash infusion. At the time of the sale, nearly all of the properties were leased back to Sears and Kmart. Seritage Growth Properties ran into numerous obstacles while trying to execute its redevelopment plan.