How to buy Southeastern Grocers (SEGR) stock when it goes public

Southeastern Grocers, the parent company of popular grocery store Winn-Dixie, has postponed its planned $142 million IPO the day before the deal was slated to close.

This is not the first time. The company filed plans for an IPO in 2013, and backed out before completing the process.

What we know about the Southeastern Grocers IPO

Southeastern Grocers, the parent company of grocery chain Winn-Dixie, has postponed its planned $142 million IPO the day before the deal was scheduled to close.

"The company will continue to evaluate the timing for the proposed offering as market conditions develop," Southeastern Grocers said in a statement.

Some sources have suggested that investors balked at the $14 to $16 price range for the 8.9 million shares the company planned to offer.

We will update this page as new information becomes available.

BofA Securities and Goldman Sachs Group are the bookrunners for the deal.

How to buy shares in Southeastern Grocers when it goes public

Once Southeastern Grocers goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Southeastern Grocers. Find the stock by name or ticker symbol: SEGR. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy immediately with a market order or use a limit order to delay your purchase until Southeastern Grocers reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Southeastern Grocers, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Southeastern Grocers. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Southeastern Grocers can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.

• The Kroger (KR.US)

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  The Kroger Co. operates as a retailer in the United States. The company operates supermarkets, multi-department stores, marketplace stores, and price impact warehouse stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys. The company's marketplace stores offer full-service grocery, pharmacy, health and beauty care departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys; and price impact warehouse stores provides grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. It also manufactures and processes food products for sale in its supermarkets; and sells fuel through 1,567 fuel centers. As of March 25, 2020, the company operated 2,757 retail food stores under various banner names in 35 states and the District of Columbia, as well as an online retail store. The Kroger Co. has a strategic partnership with Ocado Solutions to construct three new customer fulfillment centers in the Great Lakes, Pacific Northwest, and West regions. The company was founded in 1883 and is based in Cincinnati, Ohio.

  Historical performance

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  • Market capitalization: $25147291648
  • P/E ratio: 8.841
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  Get more detailed information and learn how to buy KR.US stock

• BJs Wholesale Club (BJ.US)

  Company summary

  BJ's Wholesale Club Holdings, Inc., together with its subsidiaries, operates warehouse clubs on the East Coast of the United States. It offers perishable, edible grocery, general merchandise, and non-edible grocery products, as well as gasoline and other ancillary services. The company also sells its products through its website and mobile app. As of May 2, 2020, it operated 218 warehouse clubs and 145 gas stations in 17 states. The company was formerly known as Beacon Holding Inc. and changed its name to BJ's Wholesale Club Holdings, Inc. in February 2018. BJ's Wholesale Club Holdings, Inc. was founded in 1984 and is headquartered in Westborough, Massachusetts.

  Historical performance

  Stock information

  • Market capitalization: $5743795200
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  • PEG ratio: 1.2728
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• Target Corporation (TGT.US)

  Company summary

  Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, home décor products, electronics, toys, seasonal offerings, and other merchandise; beauty and household essentials; The company also provides in-store amenities, such as Target Café, Target Optical, Starbucks, and other food service offerings. It sells its products through its stores; and digital channels, including Target.com. As of March 25, 2020, the company operated approximately 1,900 stores. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.

  Historical performance

  Stock information

  • Market capitalization: $93183836160
  • P/E ratio: 24.6823
  • PEG ratio: 1.7856
  • Dividend yield: 0.0141%

  Get more detailed information and learn how to buy TGT.US stock

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