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Seaport Entertainment Group

SEG · NYSE American

$22.55+$0.33 (+1.49%)TodayMarket closed ·
Prev close $22.22

SEG analyst rating

BuyConsensus of 1 analyst over the last 12 months. 100% rate it a buy.
  • Strong buy0
  • Buy1
  • Hold0
  • Underperform0
  • Sell0

12-month price target · 2 analysts

Average $36.72 (+62.8% upside)

Low
$36.36
Now
$22.55
High
$37.80

Upgrades and downgrades

The latest rating actions, newest first

SEG analyst upgrades, downgrades and rating actions
FirmDateActionRating
Jones TradingAug 6, 2026MaintainsBuy
Jones TradingMay 7, 2026MaintainsBuy
Jones TradingNov 11, 2025MaintainsBuy

The case for and against

Updated Oct 17, 2026

Bull case

Seaport Entertainment Gr is viewed positively because its Seaport District is still absorbing demand, with only 50,815 square feet available from roughly 150k square feet at spin, while rents are firmer and the 48-point gap between 89% leased or programmed and 41% in-place occupancy signals substantial embedded upside. Cost discipline is a major support, as trailing twelve-month G&A has fallen more than 20% in nine months to under $27 million, 2Q26 G&A was down 20% y/y, and total expenses excluding D&A declined 20% y/y, helping net losses fall 38% on a per-share basis. The outlook is also strengthened by a robust events pipeline and new activations, including the Balloon Museum in 3Q26 and Meow Wolf in 4Q27, which should drive visitation, sponsorships, and operating margin expansion despite near-term revenue timing noise.

Bear case

Seaport Entertainment Gr is viewed negatively because its apparent improvement is fragile, with adjusted net income of ($17.9mm) and adjusted EPS of ($1.41) missing expectations despite consolidated operating EBITDA turning positive at $4.5mm for the first quarter in SEG’s two-year history. The business remains highly exposed to seasonality, weather-related cancellations, flooding risk, and NYC regulatory and tax pressures, while Hospitality and Landlord operations still drag on cash flow and liquidity. Entertainment, its key revenue engine, fell $1.0mm or 23% y/y to $3.6mm due to higher rooftop costs and the non-renewal of Chase as a founding sponsor, underscoring concentrated operational and financing risk.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.