Seaport Entertainment Group (SEG) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Seaport Entertainment Group

NYSE•Real Estate•Real Estate Services

$26.26+0.17(0.01%)Market closed

Market Cap

$314.03M

P/S

2.6x

P/B

0.8x

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.

How this company scores

AverageMetricSide Score: 52/100

Strongest: Balance Sheet & Red Flags (21/25); weakest: Cash & Earnings Quality (6/25).

Profitability15/25

Growth10/25

Balance Sheet & Red Flags21/25

Cash & Earnings Quality6/25

Strengths

Low leverageProfit converts from growthImproving leverageNet cash position

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 2.6x5y range 1.8x – 2.6x

Currently near its 6-quarter median.

P/B · 0.8x5y range 0.3x – 0.8x

Currently above its 8-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $314.03M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $121.56M
Q. Revenue: $34.29M
TTM EBITDA: $-78.61M
TTM Op. Income: $-123.06M
Q. Op. Income: $-11.10M
TTM Net Income: $-124.64M
Q. Net Income: $-10.46M
EPS: $-0.82
Shares Out.: $12.80M

$121.56M in TTM revenue declined 8.6% YoY, reaching $34.29M last quarter. TTM EBITDA of $-78.61M and TTM operating income of $-123.06M show growth is flowing through to the bottom line. However, net income is negative at $124.64M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 3 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: -12.5%
Op. Margin: -32.4%
Net Margin: -30.5%

Op. margin of -32.4% is up 7.8% YoY — cost efficiency is improving. Net margin at -30.5% Over the past year, operating margin is up 19% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 2.6x
P/B Ratio: 0.8x

P/S of 2.6x and P/B of 0.8x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $543.30M
Cash: $117.80M
Long-Term Debt: $37.34M
Book Value: $403.93M
D/E Ratio: 0.1
Debt/EBITDA: N/A

With $543.30M in assets and $37.34M in long-term debt, D/E is 0.1and book value is $403.93M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 52% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-1.42M
TTM Free Cash Flow: $-68.71M
FCF Margin: -56.5%
FCF / Net Income: 0.6

TTM FCF of $-68.71M on $-1.42M in operating cash flow. The FCF / Net Income ratio of 0.6x means cash covers only part of net income — earnings quality needs attention. Over the past year, free cash flow is up 37% — a weakening trend.