Seaport Entertainment Group Inc. (SEG)

Seaport Entertainment Group Inc. owns, develops, and operates a portfolio of entertainment and real estate assets primarily in New York City and Las Vegas. The company operates through three segments: Hospitality; Entertainment; and Landlord Operations. The Hospitality segment operates fine dining and casual dining restaurants, cocktail bars, and nightlife and entertainment venues under The Fulton, Mister Dips, Carne Mare, Malibu Farm, Gitano, and The Lawn Club brands. The Entertainment segment includes the Las Vegas Aviators Triple-A Minor League Baseball team, the Las Vegas Ballpark, the Fashion Show Mall Air Rights, events, and concerts, as well as various sponsorship agreements across the Seaport and the Las Vegas Ballpark. The Landlord Operations segment engages in the holding of ownership interests in and operation of physical real estate assets, such as restaurant, retail, office, and entertainment properties, as well as residential units. Seaport Entertainment Group Inc. was incorporated in 2024 and is headquartered in New York, New York.

Symbol
SEG
Exchange
NYSE
Sector
Real Estate
Industry
Real Estate Services
Market cap
$305.02M
52 week range
17.74 - 29.61

Valuation

Share price
$23.70 (close of 2026-09-23)
P/E (TTM)
-2.43x
Price to book
0.74x
Price to free cash flow
-7.59x
Enterprise value
$281.28M
Book value per share
$32.32

Price performance

PeriodChange
1 day-2.07%
5 days-4.40%
1 month-11.80%
3 months-7.57%
6 months+13.34%
Year to date+19.88%
1 year-1.54%
All time-30.29%

Profitability and growth

Return on equity
-25.03%
Return on invested capital
-21.69%
Return on assets
-17.96%
Net margin
-89.52%
EBITDA margin
-65.92%
Revenue growth
18.31%
Net income growth
23.80%
Free cash flow growth
5.77%

Cash flow and balance sheet

Free cash flow yield (TTM)
-13.18%
Net debt to EBITDA
0.36x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$130.41M
EBITDA
$-85.96M
Net income
$-116.74M
Earnings per share
$-9.18
Shares outstanding
12.72M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$130.41M$-116.74M$-9.18
2024-12-31$110.22M$-153.21M$-16.82
2023-12-31$114.85M$-838.07M$-151.77
2022-12-31$119.05M$-111.28M$-20.15

Margins and returns by year

Period endNet marginReturn on equityReturn on capital
2025-12-31-89.52%-25.03%-21.69%
2024-12-31-139.00%-26.81%-18.42%
2023-12-31-729.69%-217.74%-128.57%
2022-12-31-93.47%-10.15%-5.25%

Cash and debt by year

Period endCashDebt
2025-12-31$77.81M$38.35M
2024-12-31$165.67M$101.59M
2023-12-31$1.83M$155.63M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$-49.66M$15.08M
2024-12-31$-52.70M$3.34M
2023-12-31$-50.78M$1.50M
2022-12-31$-29.55M$869.00K

Investor relations

Next earnings report

Next confirmed report
2026-11-09

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-05Jun/2026-
2026-05-06--
2026-03-04--
2025-11-10--
2025-08-11--
2025-05-12--
2025-03-10--
2024-11-07--

Filings and sources

Company website
seaportentertainment.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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