Seaport Entertainment Group Inc.SEG

NYSEConsumer SpendingServices-Miscellaneous Amusement & Recreation
Price (close)
$23.65
Market cap
$302.8M
P/E
—
Revenue (TTM)
$121.6M
Net income
-$124.6M
Dividend yield
—
1-year total return
0.7%
Net margin
-102.5%
Revenue growth
3.1%
Debt / equity
0.09x

What Seaport Entertainment Group Inc. does.

Seaport Entertainment Group Inc. (“Seaport Entertainment,” the “Company,” “we,” “our” and “us”) is a Delaware corporation and was incorporated in 2024 in connection with, and anticipation of, Howard Hughes Holdings Inc.’s (“HHH”) spin-off of its entertainment-related assets in New York City and Las Vegas (the “Spin-Off”). The separation of Seaport Entertainment from HHH, which was effected through HHH’s pro rata distribution of 100% of the outstanding shares of common stock of Seaport Entertainment to holders of HHH common stock, was completed on July 31, 2024. Following the completion of the separation, Seaport Entertainment became an independent, publicly traded company. On August 1, 2024, the Company’s common stock began trading on the NYSE American LLC (the “NYSE American”) under the symbol “SEG”. On June 30, 2025, the Company transferred the listing of the Company’s common stock from the NYSE American LLC to the New York Stock Exchange, continuing to trade under the symbol “SEG.”

The information contained in this Annual Report on Form 10-K reflects the historical information of the Seaport Entertainment division of HHH prior to the Spin-Off and the information of Seaport Entertainment Group Inc. following the Spin-Off. See Note 1 in the Notes to the Consolidated and Combined Financial Statements for further information regarding the Spin-Off.

Revenue and profit, by fiscal year.

Fiscal year20212022202320242025
Revenue—$119.0M$114.9M$110.2M$130.4M
Net income—-$111.3M-$838.1M-$153.2M-$116.7M

More on SEG.

Figures from Seaport Entertainment Group Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.