SEAPORT ENTERTAINMENT GROUP INC (SEG)
Real Estate · Entertainment real estate and hospitality operations · NYSE
A real estate and entertainment operator owning iconic mixed-use properties, restaurants, a Triple-A baseball team, and concert venues that blend hospitality, sports, and experiential retail across New York City and Las Vegas.
What SEAPORT ENTERTAINMENT GROUP INC does
Seaport Entertainment Group owns and operates a unique portfolio of leisure and entertainment assets positioned at the intersection of entertainment and real estate, concentrated in New York City and Las Vegas. The company operates through three segments: Hospitality (fine dining, casual dining, bars, and nightlife venues), Entertainment (the Las Vegas Aviators Triple-A baseball team, Las Vegas Ballpark, and The Rooftop at Pier 17 concert venue in NYC), and Landlord Operations (real estate properties in the Seaport historic neighborhood in Lower Manhattan, including Pier 17, the Tin Building, Fulton Market Building, and residential assets). The company also maintains a 25% minority interest in Jean-Georges Restaurants (JG), a world-renowned high-end hospitality company.
Themes: ["Entertainment / live music venues","Minor League Baseball / professional sports","Mixed-use real estate development","Food and beverage hospitality","Experiential retail and entertainment","Real estate landlord operations","Urban neighborhood development and redevelopment"]
Fundamentals
- Price$25.81 as of 2026-07-09 close
- Market cap$330M as of 2026-07-10
- 1-year return+22.8% as of 2026-07-09 close
- Net margin-100.4% as of 2026-07-10
- Gross margin-20.7% as of 2026-07-10
- ROE-27.2% as of 2026-07-10
- Debt / equity0.09 as of 2026-07-10
- Revenue growth (YoY)+12.9% as of 2026-07-10
- Revenue CAGR (3y)+3.1% SEC XBRL
- Beta0.79 as of 2026-07-10
Key risks (from latest filing)
["Company is unprofitable with negative net margin of -100.38%, indicating significant operational losses and limited near-term path to profitability","Heavy reliance on consumer discretionary spending in entertainment and dining sectors, which are vulnerable to economic downturns and reduced consumer spending","Concentrated geographic exposure to New York City and Las Vegas markets, limiting geographic diversification and creating vulnerability to local economic conditions"]
Competitors & peers
- Madison Square Garden Sports Corp (MSGS)
- Live Nation Entertainment (LYV)
- Dine Global Holdings (formerly Landry's parent company)
- Monarch Casino & Resort (MNRH)
- Caesars Entertainment (CZR)
- Red Rock Resorts (RRR)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.