Seaport Entertainment Group Inc. (SEG) AI Stock Analysis

• Market Cap: $285.38M
• Dividend Yield: N/A
• Average Volume (3M): 131.68K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.90
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 180
• Sector: Real Estate
• Sector Strength: 60
• Industry: Real Estate - Services
• EPS (TTM): -2.51
• Shares Outstanding: 12,694,631
• 10 Day Avg. Volume: 82,316
• 30 Day Avg. Volume: 131,681
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.05
• Enterprise Value/Revenue: 2.66
• Enterprise Value/Gross Profit: 11.78
• Enterprise Value/Ebitda: -2.93
• 1Y Price Target: $19.50
• Price Target Upside: -13.14% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 55 Neutral
• Price Target: $23.00 ▲(2.45%Upside)

The most significant factor impacting Seaport Entertainment Group's stock score is its financial performance, which is currently weak due to declining revenues and net losses. Technical analysis shows some positive momentum, but long-term challenges persist. The earnings call provided a balanced view with some strategic improvements, while the recent uplisting to the NYSE is a positive corporate event. Overall, while there are some positive developments, the financial challenges weigh heavily on the stock's overall score.

Seaport Entertainment Group Inc. Business Overview & Revenue Model

Company Description

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: Landlord Operations; Hospitality; and Sponsorships, Events, and Entertainment. 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. The Hospitality segment operates six 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; and the Tin Building, which offers restaurants, bars, grocery markets, retail, and private dining experiences. The Sponsorships, Events, and Entertainment segment includes the Las Vegas Aviators Triple-A Minor League Baseball team, the Las Vegas Ballpark, the Fashion Show Mall Air Rights, Seaport events, and concerts, as well as various sponsorship agreements across the Seaport and the Las Vegas Ballpark. Seaport Entertainment Group Inc. was incorporated in 2024 and is headquartered in New York, New York.

How the Company Makes Money

Seaport Entertainment Group Inc. (SEG) generates revenue through various streams, primarily focusing on content production and distribution. The company earns money from box office sales, licensing agreements, and distribution deals for its film and television productions. Additionally, SEG capitalizes on digital media platforms by monetizing content through streaming services, pay-per-view, and digital downloads. Live events, including concerts and theatrical productions, also contribute to SEG's revenue, with ticket sales and sponsorship deals enhancing profitability. Strategic partnerships with other entertainment companies and media platforms further boost SEG's financial performance, providing additional avenues for content distribution and audience reach.

Seaport Entertainment Group Inc. Financial Statement Overview

Summary

Seaport Entertainment Group Inc. struggles with profitability and cash flow, indicated by negative net income and zero operating cash flow. Despite a strong equity position, the lack of revenue growth and continued losses are significant concerns.

Income Statement

Seaport Entertainment Group Inc. has faced declining revenues, with a revenue decrease of 3.93% from 2022 to 2023 and a further decline in 2024. The company has consistently reported negative net income, resulting in negative net profit margins. The EBIT and EBITDA margins are also negative, indicating operational challenges. Despite a gross profit margin of 100% in 2024, profitability remains elusive due to high operational costs.

Balance Sheet

The company maintains a solid equity position, with an equity ratio of 76.85% in 2024, indicating strong financial stability. However, the debt-to-equity ratio of 0.08 suggests low leverage, which can be positive for risk but might limit growth potential. Return on equity is negative due to ongoing losses, which is a concern for shareholder value.

Cash Flow

Cash flow remains a significant concern, with operating cash flow at zero in 2024. Free cash flow has improved to zero from negative positions in previous years, but this is not sufficient for strong financial health. The inability to generate positive operating cash flow raises sustainability issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	112.55M	111.14M	115.68M	119.05M
Gross Profit	25.40M	36.38M	36.78M	42.24M
EBITDA	-102.24M	-111.09M	-810.67M	-56.44M
Net Income	-141.02M	-153.21M	-859.57M	-111.28M
Balance Sheet
Total Assets	809.93M	743.56M	616.81M	1.31B
Cash, Cash Equivalents and Short-Term Investments	200.23M	165.67M	1.83M	16.45M
Total Debt	150.24M	149.06M	203.78M	190.53M
Total Liabilities	174.00M	172.17M	231.92M	218.33M
Stockholders Equity	625.93M	561.48M	384.89M	1.10B
Cash Flow
Free Cash Flow	-73.56M	-59.42M	-69.53M	-41.76M
Operating Cash Flow	-54.38M	-52.70M	-50.78M	-29.55M
Investing Cash Flow	-88.80M	-102.88M	-108.30M	-198.03M
Financing Cash Flow	231.05M	279.58M	136.21M	237.41M

Seaport Entertainment Group Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 22.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SEG, the sentiment is Positive. The current price of 22.45 is above the 20-day moving average (MA) of 22.10, above the 50-day MA of 20.53, and below the 200-day MA of 23.73, indicating a neutral trend. The MACD of 0.69 indicates Positive momentum. The RSI at 57.51 is Neutral, neither overbought nor oversold. The STOCH value of 57.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SEG.

Seaport Entertainment Group Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LPA	64 Neutral	$196.37M	10.93	4.96%	―	331.33%	―
Sector *	62 Neutral	AU$2.95B	8.45	2.58%	5.09%	18.21%	47.14%
NREF	61 Neutral	$242.15M	5.76	20.23%	14.63%	11.78%	65.73%
PINE	60 Neutral	$200.06M	157.55	-0.29%	8.00%	17.14%	3.27%
TCI	55 Neutral	$343.67M	43.33	0.95%	―	-5.86%	59.60%
SEG	55 Neutral	$285.38M	―	-223.33%	―	―	―
OZ	―	$243.11M	―	-9.30%	―	―	―

Seaport Entertainment Group Inc. Corporate Events

Seaport Entertainment Acquires Full Ownership of Fulton Market

On June 30, 2025, Seaport Entertainment Group Inc.‘s subsidiary, Seaport Entertainment Operations, LLC, acquired full ownership of Fulton Seafood Market, LLC from its partners, HHC Seafood Market Member, LLC and VS-Fulton Seafood Market LLC. This transfer led to the termination of the Market Hall Management Agreement with Creative Culinary Management Company LLC. Subsequently, on July 1, 2025, Seaport Entertainment Management, LLC terminated certain management agreements with CCMC, following the restructuring and new license agreements for intellectual property related to the Tin Building and Fulton Restaurant.

Seaport Entertainment Uplists to New York Stock Exchange

On June 24, 2025, Seaport Entertainment Group Inc. announced the approval of its common stock transfer from the NYSE American to the New York Stock Exchange, marking a significant milestone for the company. This uplisting is expected to broaden the company’s investor base and enhance long-term shareholder value, with trading on the NYSE commencing on June 30, 2025.

Seaport Entertainment Group’s Annual Stockholders Meeting Decisions

On June 9, 2025, Seaport Entertainment Group Inc. held its annual meeting of stockholders where key decisions were made regarding the company’s leadership and financial oversight. The stockholders elected five directors to the board, including Anton D. Nikodemus and Michael A. Crawford, to serve until the 2026 annual meeting. Additionally, the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified. These decisions are expected to influence the company’s strategic direction and financial integrity.