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Seaport Entertainment Group Inc

Seaport Entertainment Group Inc

SEG
$26.48USD↓-0.79%-0.21 today

MARKET CAP

339.0M

P/E (TTM)

—

FWD P/E

—

DAY RANGE

$26 – $27

52W RANGE

$18
$28

AI Summary

Stalk
StalkMedium

SEG is in a Stage 2 advancing phase with clear HH/HL structure and rising EMAs, but near-term extension and extreme OB readings warrant deferred execution until pullbacks into its rising EMAs or prior breakout zones show signs of acceptance.

  • ↑Cash position $144.7M post-250 Water Street sale enhances liquidity.
  • ↑CapEx of $70–90M planned to upgrade assets and boost returns.
  • ↓Total revenue fell to $41.1M, a 21% YoY decline.
Full analysis →

The case for & against

Bull & Bear analysis

Bearish

Seaport Entertainment Group (SEG) operates in the hospitality and entertainment sector, focusing on real estate-centric experiences that drive guest engagement and community connections. The company has been strategically positioning itself to optimize its asset portfolio, integrating vibrant experiences that elevate visitor engagement at its properties in New York City and Las Vegas. With a clear shift towards experiential offerings and preparing for significant upcoming events, like the FIFA World Cup, SEG is aiming to establish itself as a leading destination in urban tourism.

Bull says

  • ↑Cash position $144.7M post-250 Water Street sale enhances liquidity.
  • ↑CapEx of $70–90M planned to upgrade assets and boost returns.
  • ↑Tin Building sale for Balloon Museum expected to improve cash flow.
  • ↑Major events like FIFA World Cup could add >1M visitors in 2026.
  • ↑Book-to-price ratio at 1.43 suggests potential undervaluation for value investors.
  • ↑Jones Trading maintains a Buy rating on SEG’s turnaround prospects.

Bear says

  • ↓Total revenue fell to $41.1M, a 21% YoY decline.
  • ↓Net loss widened 38% to $44.1M, driven by accelerated asset depreciation.
  • ↓Negative earnings yield and weak profitability factors undermine shareholder returns.
  • ↓Tourism dependency risks linger; slow recovery could curb visitation gains.
  • ↓High execution risk on new venues and programming expansions.
  • ↓Negative earnings revisions and low liquidity factors may pressure stock further.

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-12-2026bearish

Transcript signals

Bull points

  • we believe we are on a path to drive positive long-term operational cash flow and earnings growth.
  • New York City's 2026 visitation is expected to grow by more than 1 million visitors as it benefits from several large events, including the FIFA World Cup and America's 250th anniversary.

Bear points

  • total operating EBITDA of the company improved by 3.1 million or 21% year over year to a loss of 11.8 million despite a 21% reduction in revenue.
  • Additionally, we strategically closed Mr. Dips for the winter and will reopen the concept in conjunction with our concert season.
  • The decrease in revenue is offset by expense savings of $1.1 million, or 14%, achieved through a focus of driving cost efficiencies within our landlord operations.
Read full transcript analysis ›