Added to YB: 2025-02-28
Pitch date: 2025-02-26
SEG [bullish]
Seaport Entertainment Group Inc.
+13.71%
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
$346.5M
Pitch Price
$23.85
Price Target
32.50 (+20%)
Dividend
N/A
EV/EBITDA
-7.06
P/E
-2.67
EV/Sales
2.62
Sector
Real Estate Management and Development
Category
value
Seaport Entertainment Group (SEG): How To Invest Like a Hedge Fund Billionaire
SEG: $23 vs Ackman's $25 entry. Assets: NYC Seaport (Tin, Fulton, Pier 17) & Vegas ballpark/team. $32.50 PT (40% upside). Catalysts: Tin Building turnaround, 250 Water St sale. $225M asset value + $188M cash. Experienced mgmt, aligned incentives. Potential for improved profitability post-spinoff from HHH.
Read full article (5 min)