Thomas Steinberg - Seritage Growth Independent Trustee

SRG Stock  USD 4.25  0.07  1.67%   

Executive

Mr. Thomas M. Steinberg is Independent Trustee of the Company. He is the Founder and Chief Executive Officer of TS Partners, an international, diversified investment firm. Prior to this, Mr. Steinberg was President of Tisch Family Interests from 1996 through 2013, where he directed real estate transactions and was responsible for management of portfolios that included public equity, private equity, debt and alternative investments. Mr. Steinberg currently serves on the board of directors of KGB, Inc., the largest independent directory assistance company in the world. Mr. Steinberg also served on the board of directors of Gunther International, a leading producer of intelligent document finishing systems, and as a director of a number of privately held companies including Catellus. Mr. Steinberg has over 30 years of experience in the real estate and investment space, which qualifies him to serve as a trustee of the Company. since 2015.
Age 63
Tenure 9 years
Address 500 Fifth Avenue, New York, NY, United States, 10110-1502
Phone212 355 7800
Webhttps://www.seritage.com

Seritage Growth Management Efficiency

The company has Return on Asset of (0.0158) % which means that on every $100 spent on assets, it lost $0.0158. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.2829) %, meaning that it generated no profit with money invested by stockholders. Seritage Growth's management efficiency ratios could be used to measure how well Seritage Growth manages its routine affairs as well as how well it operates its assets and liabilities.
Seritage Growth Properties has 367.6 M in debt with debt to equity (D/E) ratio of 2.3, meaning that the company heavily relies on borrowing funds for operations. Seritage Growth Prop has a current ratio of 3.35, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Seritage to invest in growth at high rates of return.

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Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 166 wholly-owned properties and 29 unconsolidated properties totaling approximately 30.4 million square feet of space across 44 states and Puerto Rico. The Companys mission is to create and own revitalized shopping, dining, entertainment and mixed-use destinations that provide enriched experiences for consumers and local communities, and create long-term value for our shareholders. Seritage Growth operates under REITRetail classification in the United States and is traded on New York Stock Exchange. It employs 40 people. Seritage Growth Properties (SRG) is traded on New York Stock Exchange in USA. It is located in 500 Fifth Avenue, New York, NY, United States, 10110-1502 and employs 19 people. Seritage Growth is listed under Real Estate Management & Development category by Fama And French industry classification.

Management Performance

Seritage Growth Prop Leadership Team

Elected by the shareholders, the Seritage Growth's board of directors comprises two types of representatives: Seritage Growth inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Seritage. The board's role is to monitor Seritage Growth's management team and ensure that shareholders' interests are well served. Seritage Growth's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Seritage Growth's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Steinberg, Independent Trustee
Benjamin Schall, President, Chief Executive Officer, Trustee
Matthew Fernand, Executive Vice President, General Counsel, Secretary
Edouard Cuilhe, Chief Accounting Officer
Nino Cammalleri, Senior Counsel
Kenneth Lombard, Chief Operating Officer, Executive Vice President
John McClain, Independent Trustee
Allison Thrush, Independent Trustee
Christopher Mrozinski, Senior Development
Edward Lampert, Chairman of the Board of Trustees
David Fawer, Independent Trustee
Amanda Lombard, Chief Financial Officer, Executive Vice President
James Bry, Executive Vice President - Development and Construction
Andrew Galvin, Chief Investment Officer
Adam Metz, Independent Trustee
Brian Dickman, Chief Financial Officer, Executive Vice President
Eric Dinenberg, Chief Operating Officer, Executive Vice President - Development
Andrea Olshan, President, Chief Executive Officer, Trustee
Mary Rottler, Executive Vice President - Leasing and Operations
John Garilli, Interim Chief Financial Officer
Sharon Osberg, Independent Trustee

Seritage Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Seritage Growth a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Seritage Growth Prop is a strong investment it is important to analyze Seritage Growth's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Seritage Growth's future performance. For an informed investment choice regarding Seritage Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seritage Growth Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Seritage Growth. If investors know Seritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Seritage Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.98)
Earnings Share
(2.55)
Revenue Per Share
1.003
Quarterly Revenue Growth
(0.46)
Return On Assets
(0.02)
The market value of Seritage Growth Prop is measured differently than its book value, which is the value of Seritage that is recorded on the company's balance sheet. Investors also form their own opinion of Seritage Growth's value that differs from its market value or its book value, called intrinsic value, which is Seritage Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Seritage Growth's market value can be influenced by many factors that don't directly affect Seritage Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Seritage Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Seritage Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seritage Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.