YOLFTbeta
Seaport Entertainment Group Inc.

Seaport Entertainment Group Inc.

SEG · NYSE · Real Estate / Real Estate Services

20.50USD+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close20.50
Open20.47
Day Range20.17 – 20.59
52-Week Range17.74 – 29.61
Volume140.08K
Market Cap295.77M
P/E (TTM)0.00
Forward P/E0.00
EPS-9.64
Dividend Yield0.00%
Beta1.24
50-Day Avg26.21
200-Day Avg23.32

About

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.

Company Details

  • SectorReal Estate
  • IndustryReal Estate Services
  • CEOMr. Matthew Morris Partridge
  • Employees627
  • Headquarters199 Water Street, New York, NY, United States, 10038, USA
  • Websitehttps://www.seaportentertainment.com

Leadership

  • Mr. Matthew Morris PartridgeCEO, President & Director · b. 1984
  • Ms. Lenah ElaiwatExecutive VP, CFO & Treasurer · b. 1984
  • Ms. Rebecca SachsChief People Officer · b. 1975
  • Jason Blake WilkSenior Vice President of Finance

Financials

Income Statement

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue82.62M119.05M115.68M111.14M130.41M
Growth (%)-+44.09%-2.83%-3.93%+17.34%
Cost of Revenue56.90M76.80M78.90M74.76M128.36M
Gross Profit25.72M42.24M36.78M36.38M2.05M
Gross Margin31.13%35.49%31.80%32.73%1.57%
Operating Expense101.64M108.92M793.19M138.12M109.16M
Operating Income-75.92M-66.67M-756.41M-101.74M-107.11M
Operating Margin-91.89%-56.00%-653.89%-91.55%-82.14%
EBITDA-36.30M-56.44M-788.65M-111.09M-83.15M
EBITDA Margin-43.93%-47.41%-681.77%-99.96%-63.76%
Net Income-80.87M-111.28M-838.07M-153.21M-116.74M
Net Income Margin-97.88%-93.47%-724.48%-137.86%-89.52%
Interest Expense6.53M4.01M3.17M6.75M456.00K
Interest Expense % of Total Revenue7.91%3.37%2.74%6.07%0.35%

Balance Sheet

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-1.31B616.81M743.56M650.12M
Total Liabilities-218.33M231.92M172.17M183.72M
Total Equity-1.10B384.89M561.48M456.51M
Cash-16.45M1.83M165.67M77.81M
Total Debt-190.53M203.78M149.06M156.18M
Net Debt-174.08M201.95M-16.60M78.37M

Cash Flow

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-35.81M-29.55M-50.78M-52.70M-43.40M
Investing Cash Flow-103.14M-198.03M-108.30M-102.88M-30.08M
Financing Cash Flow184.18M237.41M136.21M279.58M-6.97M
Capital Expenditure9.21M12.21M18.75M6.72M25.02M
Free Cash Flow-45.03M-41.76M-69.53M-59.42M-68.42M
FCF to OCF125.73%141.30%136.92%112.76%157.64%

Earnings

Report DateSep 30, 2024Mar 10, 2025May 12, 2025Sep 3, 2025Nov 10, 2025Mar 4, 2026May 6, 2026Aug 5, 2026Nov 9, 2026
EPS Estimate---0.00-0.76-0.82-1.24-0.25-0.05
EPS Actual-5.70-3.63-2.51-0.58-0.57-1.37-1.410.02-
Surprise----25.00%-67.07%-13.71%108.00%-
Timing----After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap295.77M
Enterprise Value281.52M
Trailing P/E0.00
Forward P/E0.00
Price / Sales2.42
Price / Book0.76
EPS-9.64
Book Value31.54
Revenue (TTM)122.31M
Gross Profit (TTM)-20.06M
EBITDA-50.66M
Profit Margin-100.76%
Operating Margin-27.06%
Return on Equity-26.18%
Return on Assets-9.43%
Shares Outstanding12.81M
Shares Float7.41M
Beta1.24
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
87.47%
Insiders
3.02%
Retail / Other
9.51%

Top Institutional Holders

  • Pershing Square Capital Management, L.P.
    5.02M39.22%
  • Kahn Brothers & CO Inc /DE/
    893.23K6.97%
  • Gate City Capital Management, LLC
    723.25K5.65%
  • Rubric Capital Management LP
    568.53K4.44%
  • BlackRock Inc
    505.63K3.95%
  • Dimensional Fund Advisors, Inc.
    396.57K3.10%
  • Vanguard Capital Management, LLC
    327.69K2.56%
  • HPM Partners LLC
    318.92K2.49%
  • Solas Capital Management LLC
    222.92K1.74%
  • Geode Capital Management, LLC
    185.02K1.44%
  • State Street Corp
    177.98K1.39%
  • Peapod Lane Capital LLC
    109.85K0.86%
  • The Goldman Sachs Group Inc
    104.20K0.81%
  • Renaissance Technologies Corp
    82.30K0.64%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    276.75K2.16%
  • Vanguard MStar Total Stk Mkt Idx Invest
    251.28K1.96%
  • iShares Russell 2000 ETF
    191.75K1.50%
  • DFA US Small Cap Value I
    81.86K0.64%
  • Fidelity Small Cap Index
    79.62K0.62%
  • iShares Russell 2000 Value ETF
    74.64K0.58%