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Companies / Real Estate / Seaport Entertainment Group Inc.
SEG

Seaport Entertainment Group Inc.

Real EstateServices
Ticker SEGNEW YORK, NYFiscal year ends DecemberBook value per share $31.58Diluted shares 12.8M

Seaport Entertainment Group Inc. (NYSE: SEG) operates a distinctive portfolio of entertainment and real estate assets concentrated in New York City and Las Vegas. The company was incorporated in 2024 and separated from Howard Hughes Holdings Inc. through a pro rata distribution completed on July 31, 2024, becoming an… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$130.41M
+17.3% year over year
Last 12 mo $121.56M
-90.60%
+0.9 percentage points
Last 12 mo -101.23%
$-115.34M
+24.4% year over year
Last 12 mo $-123.24M
-25.57%
+1.7 percentage points
Last 12 mo -30.86%
Cash & financing
$-49.66M
+5.8% year over year
Last 12 mo $-40.19M
$-74.67M
−25.7% year over year
Last 12 mo $-68.17M
0.22
Was 0.18× a year earlier
Last 12 mo 0.09
12.7M
+39.6% year over year
Last 12 mo 12.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Seaport Entertainment Group Inc. does

In the company’s own words

Seaport Entertainment Group Inc. (NYSE: SEG) operates a distinctive portfolio of entertainment and real estate assets concentrated in New York City and Las Vegas. The company was incorporated in 2024 and separated from Howard Hughes Holdings Inc. through a pro rata distribution completed on July 31, 2024, becoming an independent publicly traded company. The company's website is www.seaportentertainment.com.

The company operates through three primary segments: Hospitality, Entertainment, and Landlord Operations. The Hospitality segment encompasses ownership interests in various food and beverage operating businesses, including fine dining and casual dining restaurants, cocktail bars, and nightlife venues such as The Fulton, Mister Dips, Carne Mare, and Gitano. The company holds a 25% interest in Jean-Georges Restaurants, a world-renowned hospitality company operated by Michelin-star chef Jean-Georges Vongerichten with over 40 high-end restaurant concepts across five continents. The Entertainment segment includes the Las Vegas Aviators, a Triple-A Minor League Baseball team affiliated with the Athletics, the Las Vegas Ballpark with 10,000-person capacity, The Rooftop at Pier 17 concert venue with 3,500-person capacity, and an 80% interest in air rights above the Fashion Show Mall in Las Vegas. The Landlord Operations segment comprises approximately 480,000 square feet of real estate in the Seaport neighborhood in Lower Manhattan, including mixed-use buildings, retail spaces, and a 21-unit residential building.

As of December 31, 2025, the company employed 627 full-time employees. The Seaport portfolio was 90% leased or programmed and 55% occupied as of year-end 2025. In 2025, the Las Vegas Aviators and ballpark generated approximately $37.8 million in revenue, while The Rooftop Concert Series sold approximately 190,000 tickets across 62 shows. The company had outstanding indebtedness of approximately $99.6 million as of December 31, 2025. The business model focuses on creating unique entertainment destinations through dedicated asset management, strategic partnerships, and development opportunities positioned at the intersection of entertainment and real estate.

Company details
Sector
Real Estate
Industry (SIC)
Services
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
2009684
SIC
7990

Financial performance, year by year

Fiscal 2024–2025 · USD
$-180.93M$-96.02M$-11.11M$73.80M$158.71M20242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Seaport Entertainment Group Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

125
funds hold it
0 of 35
superinvestors hold it
$37.97M
held by funds, at market
11.9%
of shares held by funds

Largest fund holders · Seaport Entertainment Group Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 Value ETF
IWN · iShares Trust
0.01%of fund net assets
U.S. SMALL CAP VALUE PORTFOLIO
DFSVX · DFA INVESTMENT DIMENSIONS GROUP INC
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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