Seaport Entertainment Group Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $344.2M
- Price
- $26.87
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.89%
- Volume
- 69.5K
About
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.
Quick stats
Shares outstanding12.8M
Computed float12.6M
Float / shares98.7%
Key info
SectorReal Estate
IndustryReal Estate - Services
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002009684
AI Summary
AI-generated1/13
majorbullishearnings
Seaport Entertainment Group Reports Second Quarter 2026 Results
Seaport Entertainment Group reported a significant operational milestone in the second quarter, achieving profitability across all business segments for the first time and swinging to a non-GAAP profit of $0.02 per share.
Total revenue for the quarter decreased 13.8% year-over-year to $34.3 million, but GAAP net loss attributable to common stockholders improved 29.2% to $10.5 million.
The company strengthened its balance sheet with $127.0 million in cash and equivalents against $38.1 million in debt, aided by the $143.0 million sale of the 250 Water Street site earlier in the year.
Red flags
- Total revenue declined 13.8% year-over-year