Seaport Entmt Group Stock Price, News & Analysis

Seaport Entertainment Group Inc. (NYSE: SEG) is an entertainment and hospitality company formed to own, operate, and develop a collection of assets positioned at the intersection of entertainment and real estate. According to the company’s public statements, its focus is to deliver experiences through a combination of restaurant, entertainment, sports, retail, and hospitality offerings that are integrated into distinctive real estate environments.

Seaport Entertainment Group is classified in the Real Estate sector and Real Estate Services industry. Through its assets, the company combines real estate ownership and development with operating businesses in hospitality and live events. The company has described three operating segments in external materials: Landlord Operations; Hospitality; and Sponsorships, Events, and Entertainment. In those materials, Sponsorships, Events, and Entertainment is identified as a key revenue contributor and includes baseball operations of the Las Vegas Aviators and Las Vegas Ballpark, along with sponsorships, events, and other revenue generated at the Seaport in New York.

Business model and operating focus

Seaport Entertainment Group’s business model centers on integrating real estate with hospitality, sports, and entertainment operations. The company owns and develops real estate and also operates venues and event-driven businesses. At the Seaport in New York City, the company highlights restaurant, retail, and leisure offerings brought together in a mixed-use destination where visitors can work, play, and socialize in one setting. The company also reports operations connected to the Las Vegas Aviators and Las Vegas Ballpark, which are included in its Sponsorships, Events, and Entertainment activities.

In its communications, Seaport Entertainment Group emphasizes programming and events as important to its strategy at the Seaport neighborhood. Examples cited in company news include hosting the Macy’s 4th of July Fireworks celebration, the Seaport Concert Series on The Rooftop at Pier 17, and serving as the host location for the Food Network New York City Wine & Food Festival presented by Invesco QQQ. The company also reports leasing and development activity within the Seaport neighborhood, such as agreements with concepts like Meow Wolf, Willett’s NYC, Flanker Kitchen + Sports Bar, Hidden Boot Saloon, and Cork Wine Bar, and plans for meeting and event space on Pier 17.

Real estate and development activities

Seaport Entertainment Group’s filings describe it as an emerging growth company incorporated in Delaware, with its common stock listed on the New York Stock Exchange under the symbol SEG. The company’s real estate-related disclosures include a mixed-use development project at 250 Water Street in New York City. In 2025, a subsidiary of the company entered into a Purchase and Sale Agreement for 250 Water Street with an affiliate of Tavros Holdings LLC, a privately owned real estate investment management and development firm based in New York City. Subsequent filings describe an amendment to that agreement, including an updated closing date and an increase in the potential sale price, while noting that the sale remains subject to closing conditions.

The company has also reported a restructuring of certain joint venture and management arrangements related to food and beverage operations at the Tin Building and the Fulton Restaurant. In 2025, an indirect subsidiary of Seaport Entertainment Group acquired the remaining interests in Fulton Seafood Market, LLC, becoming its sole member, and the company’s subsidiaries entered into license agreements with subsidiaries of Jean-Georges Restaurants for the use of certain intellectual property at the Tin Building and the Fulton Restaurant. Related management and services agreements with Creative Culinary Management Company LLC were terminated as part of this restructuring.

Seaport neighborhood and event programming

Company news releases describe the historic Seaport neighborhood in New York City as a focal point of Seaport Entertainment Group’s strategy. The Seaport is characterized in these releases as a destination for live entertainment, cultural experiences, dining, and waterfront events. The company has highlighted the Seaport Concert Series on The Rooftop at Pier 17, large-scale events such as the Macy’s 4th of July Fireworks celebration, and the New York City Wine & Food Festival’s Invesco QQQ Festival Campus at the Seaport. The company reports that it has leased, programmed, or established development plans for significant square footage within the Seaport neighborhood, including new restaurant and entertainment concepts and planned meeting and event space.

In these communications, Seaport Entertainment Group presents the Seaport as a location where history, character, and waterfront experiences are combined with contemporary hospitality and entertainment offerings. The company’s role includes acting as landlord for certain spaces, operating hospitality venues, and hosting or supporting events and festivals that draw visitors to the neighborhood.

Sports and entertainment assets

In external descriptions of its segments, Seaport Entertainment Group identifies the Las Vegas Aviators and Las Vegas Ballpark as part of its Sponsorships, Events, and Entertainment activities. Company news references the Aviators as the Triple-A Minor League Baseball affiliate of the Oakland Athletics and notes achievements such as winning the Pacific Coast League Championship and hosting the MiLB Triple-A National Championship Game. These activities are described alongside sponsorships and events at the Seaport as part of the company’s broader entertainment platform.

Capital markets and corporate status

Seaport Entertainment Group’s SEC filings state that it is an emerging growth company under U.S. securities laws. In 2025, the company reported that its common stock transferred its listing from the NYSE American LLC to the New York Stock Exchange, while continuing to trade under the symbol SEG. A Form 25 filing in 2025 relates to the voluntary withdrawal of the company’s common stock from listing and registration on NYSE American, consistent with the transfer to the NYSE described in a separate Form 8-K. The company has also disclosed inclusion in the Russell 2000 Index and Russell Microcap Index in its public earnings releases.

The company reports using SEC filings, press releases, conference calls, webcasts, its investor relations website, and social media channels as ways to communicate information about its business to investors and the public. Its filings also include discussions of non-GAAP financial measures, such as Non-GAAP Adjusted Net Loss Attributable to Common Stockholders and related per share metrics, which the company presents as supplemental measures to GAAP results.

Leadership and governance developments

In 2025, Seaport Entertainment Group reported several leadership changes. A Form 8-K and related press release describe the appointment of Matt Partridge as President and Chief Executive Officer, succeeding a prior chief executive, and his concurrent appointment to the company’s Board of Directors. The same disclosures note that the prior chief executive transitioned to a Special Advisor role for a defined period and that the Board’s Lead Independent Director became Chairman of the Board. Another Form 8-K details the appointment of Lenah Elaiwat as Interim Chief Financial Officer and Treasurer in September 2025, and a later Form 8-K and press release report her subsequent appointment as Chief Financial Officer and Treasurer.

These filings include summaries of employment agreements for senior executives, outlining base salary, target bonus opportunities, and eligibility for equity awards, and confirm that the company is an emerging growth company that uses standard SEC reporting frameworks for such disclosures.

Risk factors and operating considerations

In its earnings and corporate communications, Seaport Entertainment Group includes cautionary statements regarding forward-looking information. The company cites risks related to its separation from Howard Hughes, macroeconomic conditions, discretionary consumer spending, real estate industry trends, access to capital, leasing and re-leasing of space, competition, supply chain uncertainty, concentration of properties and operations in Manhattan and the Las Vegas area, regulatory changes, environmental and weather-related risks, catastrophic events, information technology disruptions, regulatory and legal requirements, the ability to attract and retain key personnel, joint venture arrangements, and ownership concentration of its common stock. These risks are described as factors that could cause actual results to differ from forward-looking statements.

Through these disclosures, Seaport Entertainment Group presents itself as a company combining real estate ownership and development with hospitality, sports, and entertainment operations, with a particular emphasis on the Seaport neighborhood in New York City and on event-driven experiences integrated into its real estate assets.