Professional
Added to YB: 2025-08-22
Pitch date: 2025-08-05
SEG [neutral]
Seaport Entertainment Group Inc.
-3.34%
current return
Author Info
No bio for this author
Company Info
Seaport Entertainment Group Inc. owns, develops, and operates a portfolio of entertainment and real estate assets primarily in New York City and Las Vegas.
Market Cap
$281.9M
Pitch Price
$22.76
Price Target
N/A
Dividend
N/A
EV/EBITDA
-6.02
P/E
-2.40
EV/Sales
2.33
Sector
Real Estate Management and Development
Category
N/A
Springview Capital Management Sold Portfolio Holding: Seaport Entertainment Group Inc.
SEG exited position: Sold Manhattan real estate play at $19, bought at $27 in Q3'24. $150M enterprise value seemed attractive but persistent cash burn, especially from Tin Building food hall, was concerning. $37M Q1 cash outflow signaled potential equity raise or asset sales, prompting exit.
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