SEG

Seaport Entertainment Gr

Fundamental data last updated:April 13, 2026

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company profile

SECTOR

Real Estate

industry

Real Estate Services

Exchange

NYSE

County of HQ

United States

Next Earnings Date

05/11/26

Business Summary

Seaport Entertainment Group operates within Real Estate Services, generating cash through ownership, management, and monetization of real estate-driven entertainment and mixed-use assets. The model depends on driving tenant occupancy, experiential traffic, and property-level cash flows, which are then leveraged against the underlying asset base. Competitive advantage in this niche typically comes from location quality, branding of entertainment districts, and the ability to curate tenant mixes that increase dwell time and pricing power. However, with negative operating margins, the theoretical moat must translate into stabilized property income before it becomes economically meaningful.

 


Analyze SEG on TradingView

VALUATION

P/E

-

Market Cap ($M USD)

$289

Forward P/E

40.3

PEG

-

PRICE TO SALES

2.2

PRICE TO BOOK

0.6

EV / EBITDA

-4.9

5-Year Average P/E

Free Cash Flow Yield

DCF Value

Graham Number

Price to FCF

EV to FCF

Earnings Yield

FCF Yield

DIVIDEND

Yield

-

Annual Payout

-

Payout Ratio

-

Consecutive Years of Dividend Growth

0

5-Year Dividend Growth Rate

-

Financial Health & Profitability

Earnings Per Share

-$9.18

Next Year EPS Growth Estimate

$0.56

Next Year Revenue Growth Estimate

12.70%

Return on Equity (ROE)

-25.60%

FREE CASH FLOW

Operating Margin

-82.10%

Debt-to-Equity

0.3

Piotroski F-Score

4

Altman Z-Score

0.7

Return on Invested Capital (ROIC)

-17.60%

Current Ratio

9.1

Quick Ratio

Net Debt to EBITDA

Interest Coverage

Gross Profit margin

FCF PER SHARE

REVENUE PER SHARE

Analyze SEG on TradingView

Gainseekers Quantitative Analysis

Summary

At a $289M market cap, SEG screens optically cheap on Price/Book at 0.6, but this is not a classic deep-value bargain — it’s a distressed balance sheet wrapped in a speculative growth multiple. A Forward P/E of 40.3 on an EPS next year estimate of -$9.18 is fundamentally contradictory, highlighting how unreliable forward earnings visibility currently is. The Altman Z-Score of 0.7 is deep in distress territory, signaling elevated bankruptcy risk, while a negative operating margin of -25.60% and ROIC of -17.60% confirm capital is being destroyed, not compounded. The market is not obviously mispricing safety here — it is pricing in fragility — and until profitability stabilizes, this is a high-risk restructuring story masquerading as a real estate play.

AI Exposure / Tech Reliance

As a Real Estate Services company, SEG’s ability to leverage AI will depend on operational efficiency, tenant analytics, and dynamic asset management rather than breakthrough technology. The sector can benefit from data-driven pricing, occupancy optimization, and cost automation, but that only matters if core operations are profitable. With a -25.60% operating margin, the company must first fix structural economics before AI becomes a material enhancer.

The Bull Case

A deep value investor could argue the 0.6 Price/Book ratio implies assets are being valued at a steep discount, offering potential upside if asset values stabilize or are monetized. Return on Equity of 12.70% suggests that, despite net losses, equity capital has recently generated positive accounting returns — an unusual divergence that may indicate embedded asset value. The Piotroski F-Score of 4 is middling but not catastrophic, implying the company is not in full financial freefall, and the 9.1 current ratio provides substantial short-term liquidity cushioning. With institutional ownership at 30.00%, there is at least some professional capital willing to tolerate volatility, suggesting optionality if operations inflect.

The Bear Case

The bear case is brutal: a -25.60% operating margin and -17.60% ROIC show a structurally unprofitable platform, while EPS of -4.9 deteriorating to an estimated -$9.18 next year signals worsening fundamentals. A Debt/Equity ratio of -82.10% reflects balance sheet distortion and potential negative equity dynamics, and the Altman Z-Score of 0.7 puts the firm squarely in financial distress territory. The Forward P/E of 40.3 is indefensible against negative earnings, and with no PEG ratio provided, there is no visibility into growth-adjusted valuation support. This is a liquidity-dependent equity stub where small operational missteps could have outsized consequences.

Market Sentiment & Smart Money

Short Interest %

11.40%

Analyst Consensus

1

Average Analyst Price Target

$30.00

Institutional Ownership %

82.30%

1-Year Beta

1.05

Insider Buying % (6 Mo)

3.10%%

Distance to 52-Week High

79.70%

Distance to 52-Week Low

130.80%

EARNINGS SURPRISE %

50-DAY SMA

200-DAY SMA

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.