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MARKETS CLOSED · LAST TRADE Thu 03:18 UTC
SEG$22.5860

Seaport Entertainment Group Inc

Leisure & RecreationVerified
Score breakdown
Valuation+23Sentiment+21Missing signals-1
Quality breakdown
Key fields100Profile38Conclusion98AI synthesis40Observations23

Seaport Entertainment Group Inc has a market price of $22.58 and a market cap of $289.07 million, with a price-to-book ratio of 0.63 and a price-to-tangible-book ratio of 0.63 [doc:SEG-ValuationSnapshot]. The company's liquidity position is characterized by $77.81 million in cash and equivalents, but it has a negative operating cash flow of $49.66 million and a free cash flow of $-113.92 million [doc:SEG-FinancialSnapshot]. The debt-to-equity ratio is 0.08, indicating a relatively low leverage position [doc:SEG-ValuationSnapshot]. The company's profitability is weak, with a return on equity of -25.27% and a return on assets of -17.74% [doc:SEG-ValuationSnapshot]. These figures are below the industry median for return on equity and return on assets, which are typically positive for companies in the Leisure & Recreation industry [doc:SEG-IndustryConfig]. The company reported a net loss of $115.34 million, with an operating loss of $104.31 million and a gross loss of $29.34 million [doc:SEG-FinancialSnapshot]. The company's revenue is concentrated in three segments: Landlord Operations, Hospitality, and Sponsorships, Events, and Entertainment. The Landlord Operations segment is focused on real estate assets in the Seaport area of Lower Manhattan, while the Sponsorships, Events, and Entertainment segment includes the Las Vegas Aviators and the Las Vegas Ballpark [doc:SEG-Description]. The company's geographic exposure is primarily in New York and Las Vegas, with no significant international operations disclosed [doc:SEG-Description]. The company's growth trajectory is uncertain, with no specific revenue growth projections provided. The company's recent financial performance has been negative, with a net loss and a decline in operating cash flow [doc:SEG-FinancialSnapshot]. Analysts have a mean price target of $30.00, suggesting a potential upside of 32.8% from the current market price [doc:SEG-IRObservations]. The company's risk assessment indicates low liquidity and dilution risks, with no immediate filing-based liquidity or dilution flags detected [doc:SEG-RiskAssessment]. The company has a low dilution potential, with basic and diluted shares outstanding being equal at 12.80 million [doc:SEG-FinancialSnapshot]. The company has not made any recent significant capital adjustments or issued new shares that would affect its valuation [doc:SEG-CustomValuations]. Recent events include the company's continued operation of its real estate and hospitality assets, as well as the management of the Las Vegas Aviators and the Las Vegas Ballpark [doc:SEG-Description]. The company has not disclosed any recent major legal or regulatory issues, and its financial filings do not indicate any significant operational disruptions [doc:SEG-FinancialSnapshot].

Profile
CompanySeaport Entertainment Group Inc
TickerSEG
SectorConsumer Cyclicals
BusinessCyclical Consumer Services
Industry groupCyclical Consumer Services
IndustryLeisure & Recreation
AI analysis

Business. Seaport Entertainment Group Inc operates as an entertainment and hospitality company with segments in Landlord Operations, Hospitality, and Sponsorships, Events, and Entertainment [doc:SEG-Description].

Classification. The company is classified under the Leisure & Recreation industry within the Consumer Cyclicals economic sector, with a classification confidence of 0.92 [doc:SEG-Classification].

Seaport Entertainment Group Inc has a market price of $22.58 and a market cap of $289.07 million, with a price-to-book ratio of 0.63 and a price-to-tangible-book ratio of 0.63 [doc:SEG-ValuationSnapshot]. The company's liquidity position is characterized by $77.81 million in cash and equivalents, but it has a negative operating cash flow of $49.66 million and a free cash flow of $-113.92 million [doc:SEG-FinancialSnapshot]. The debt-to-equity ratio is 0.08, indicating a relatively low leverage position [doc:SEG-ValuationSnapshot]. The company's profitability is weak, with a return on equity of -25.27% and a return on assets of -17.74% [doc:SEG-ValuationSnapshot]. These figures are below the industry median for return on equity and return on assets, which are typically positive for companies in the Leisure & Recreation industry [doc:SEG-IndustryConfig]. The company reported a net loss of $115.34 million, with an operating loss of $104.31 million and a gross loss of $29.34 million [doc:SEG-FinancialSnapshot]. The company's revenue is concentrated in three segments: Landlord Operations, Hospitality, and Sponsorships, Events, and Entertainment. The Landlord Operations segment is focused on real estate assets in the Seaport area of Lower Manhattan, while the Sponsorships, Events, and Entertainment segment includes the Las Vegas Aviators and the Las Vegas Ballpark [doc:SEG-Description]. The company's geographic exposure is primarily in New York and Las Vegas, with no significant international operations disclosed [doc:SEG-Description]. The company's growth trajectory is uncertain, with no specific revenue growth projections provided. The company's recent financial performance has been negative, with a net loss and a decline in operating cash flow [doc:SEG-FinancialSnapshot]. Analysts have a mean price target of $30.00, suggesting a potential upside of 32.8% from the current market price [doc:SEG-IRObservations]. The company's risk assessment indicates low liquidity and dilution risks, with no immediate filing-based liquidity or dilution flags detected [doc:SEG-RiskAssessment]. The company has a low dilution potential, with basic and diluted shares outstanding being equal at 12.80 million [doc:SEG-FinancialSnapshot]. The company has not made any recent significant capital adjustments or issued new shares that would affect its valuation [doc:SEG-CustomValuations]. Recent events include the company's continued operation of its real estate and hospitality assets, as well as the management of the Las Vegas Aviators and the Las Vegas Ballpark [doc:SEG-Description]. The company has not disclosed any recent major legal or regulatory issues, and its financial filings do not indicate any significant operational disruptions [doc:SEG-FinancialSnapshot].
Key takeaways
  • Seaport Entertainment Group Inc has a weak profitability profile, with a negative return on equity and return on assets.
  • The company's liquidity position is supported by a relatively high cash balance, but its operating and free cash flows are negative.
  • The company's revenue is concentrated in three segments, with a primary focus on real estate and entertainment assets in New York and Las Vegas.
  • Analysts have a positive outlook on the stock, with a mean price target of $30.00, suggesting a potential upside from the current market price.
  • The company's risk profile is low in terms of liquidity and dilution, with no immediate filing-based flags detected.
  • --
  • ## RATIONALES
  • ```json
Financial snapshot
PeriodHA-latest
CurrencyUSD
Revenue$130.4M
Gross profit-$29.3M
Operating income-$104.3M
Net income-$115.3M
R&D
SG&A
D&A
SBC
Operating cash flow-$49.7M
CapEx-$30.8M
Free cash flow-$113.9M
Total assets$650.1M
Total liabilities$193.6M
Total equity$456.5M
Cash & equivalents$77.8M
Long-term debt$38.3M
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
FY0
FY-1
FY-2
FY-3
FY-4
PeriodGross %Op %Net %FCF %
FY0
FY-1
FY-2
FY-3
FY-4
PeriodAssetsEquityCashDebt
FY0
FY-1
FY-2
FY-3
FY-4
PeriodOCFCapExFCFSBC
FY0
FY-1
FY-2
FY-3
FY-4
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodGross %Op %Net %FCF %
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodAssetsEquityCashDebt
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodOCFCapExFCFSBC
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
Valuation
Market price$22.58
Market cap$289.1M
Enterprise value$249.6M
P/E
Reported non-GAAP P/E
EV/Revenue1.9
EV/Op income
EV/OCF
P/B0.6
P/Tangible book0.6
Tangible book$456.5M
Net cash$39.5M
Current ratio
Debt/Equity0.1
ROA-17.7%
ROE-25.3%
Cash conversion43.0%
CapEx/Revenue-23.6%
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskLow
  • No immediate filing-based liquidity or dilution flags were detected.
Industry benchmarks
Activity: Leisure & Recreation · cohort 1 companies
MetricSEGActivity
Op margin-80.0%-14.1% medp25 -29.2% · p75 1.0%bottom quartile
Net margin-88.4%-19.6% medp25 -35.6% · p75 -3.5%bottom quartile
Gross margin-22.5%40.6% medp25 19.8% · p75 75.0%bottom quartile
CapEx / revenue-23.6%29.8% medp25 29.8% · p75 29.8%bottom quartile
Debt / equity8.0%493.6% medp25 270.6% · p75 716.7%bottom quartile
Observations
IR observations
Mean price target30.00 USD
Median price target30.00 USD
High price target30.00 USD
Low price target30.00 USD
Mean recommendation2.00 (1=strong buy, 5=strong sell)
Strong-buy count0.00
Buy count1.00
Hold count0.00
Sell count0.00
Strong-sell count0.00
Mean EPS estimate-1.58 USD
Last actual EPS-4.26 USD
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
Company fundamentalsperiod FQ-7 · history via verified-market-data
no public URL
2026-05-04 16:50 UTC#424ece9f
Market quoteclose USD 22.58 · shares 0.01B diluted
no public URL
2026-05-04 16:50 UTC#6c07cb2c
Source: analysis-pipeline (hybrid)Generated: 2026-05-04 16:52 UTCJob: d53af641