Seaport Entertainment Group Inc
SEGReal Estate·Real Estate Services·USA·Micro·NYSE·Nov 11 • 3:59 PM ET
Price
SEG against its 20, 50 and 200-day averages30.3% under the 52-week high of 29.61 on 12 Aug 2026. 52-week low 17.74 on 6 Feb 2026. Last 15 sessions, 18.3% high to low
Volume 1.45× normal · the line is the 50-bar volume average
Profile
SEGSeaport Entertainment Group, Inc. engages in the provision of restaurant, retail and leisure services. It operates through the following segments: Landlord Operations, Hospitality, and Sponsorships, Events and Entertainment. The Landlord Operations segment refers to the operation of physical real estate assets. The Hospitality segment focuses on food and beverage operating businesses. The Sponsorships, Events and Entertainment segment consists of the Las Vegas Aviators, the Las Vegas Ballpark, the Fashion Show Mall Air Rights, Seaport events and concerts, and sponsorship agreements. Seaport Entertainment Group was founded on January 24, 2024 and is headquartered in New York, NY.
| Index | RUT |
|---|---|
| Employees | 627 |
| IPO | Jul 29, 2024 |
| Beta | 1.37 |
| ATR, 14d | 0.73 |
| Rel volume | 1.45 |
| Short float | 5.12% |
| Insider own | 3.86% |
| Inst own | 86.25% |
Snapshot
6 groupsValuation
| Index | RUT |
|---|---|
| Market Cap | 265.09M |
| Enterprise Value | 258.82M |
| Income | -99.80M |
| Sales | 109.22M |
| Book/sh | 30.91 |
| Cash/sh | 8.59 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 627 |
| IPO | Jul 29, 2024 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | 2.43 |
| P/B | 0.67 |
| P/C | 2.40 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | 2.37 |
| Quick Ratio | 4.73 |
| Current Ratio | 4.73 |
| Debt/Eq | 0.24 |
| LT Debt/Eq | 0.23 |
| Option/Short | Yes / Yes |
Earnings
| EPS (ttm) | -7.82 |
|---|---|
| EPS next Y | -0.12 |
| EPS next Q | -0.49 |
| EPS this Y | 55.40% |
| EPS next Y | 93.68% |
| EPS next 5Y | - |
| EPS past 3/5Y | -6.25% - |
| Sales past 3/5Y | 3.09% - |
| EPS Y/Y TTM | 18.17% |
| Sales Y/Y TTM | -11.75% |
| EPS Q/Q | 74.98% |
| Sales Q/Q | -27.41% |
| Earnings | Nov 04 AMC |
| EPS/Sales Surpr. | -360.00% -8.87% |
Ownership
| Insider Own | 3.86% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 86.25% |
| Inst Trans | 2.46% |
| ROA | -16.31% |
| ROE | -22.61% |
| ROIC | -20.37% |
| Gross Margin | -28.13% |
| Oper. Margin | -80.04% |
| Profit Margin | -91.38% |
| SMA20 | -7.13% |
| SMA50 | -11.16% |
| SMA200 | -12.59% |
| Trades | - |
Technical
| Shs Outstand | 12.84M |
|---|---|
| Shs Float | 12.34M |
| Short Float | 5.12% |
| Short Ratio | 8.19 |
| Short Interest | 0.63M |
| 52W High | 29.61 -30.26% |
| 52W Low | 17.74 16.40% |
| Volatility | 5.38% 3.04% |
| ATR (14) | 0.73 |
| RSI (14) | 32.42 |
| Beta | 1.37 |
| Rel Volume | 1.45 |
| Avg Volume | 77.15K |
| Volume | 111,673 |
Performance
| Perf Week | -12.20% |
|---|---|
| Perf Month | -7.44% |
| Perf Quarter | -27.80% |
| Perf Half Y | -11.30% |
| Perf YTD | 4.45% |
| Perf Year | -11.30% |
| Perf 3Y | - |
| Perf 5Y | - |
| Perf 10Y | - |
| Recom | 1.00 |
| Target Price | 30.00 |
| Prev Close | 20.50 |
| Price | 20.65 |
| Change % | 0.73% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| HHH | Howard Hughes Holdings Inc | 5.01B |
| FRPH | FRP Holdings Inc | 362.85M |
| MLP | Maui Land & Pineapple Co Inc | 300.07M |
| BATRA | Atlanta Braves Holdings Inc | 3.38B |
| MSGE | Madison Square Garden Entertainment Corp | 3.78B |
| JOE | St. Joe Co | 4.06B |
| ALX | Alexander's Inc | 1.27B |
| SPHR | Sphere Entertainment Co | 4.54B |
| LYV | Live Nation Entertainment Inc | 42.45B |
| MSGK | MSG Knickerbockers Corp | 7.78B |
Insider trading
1 filings| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Fato Luciana | Former Officer | Oct 06 '26 | Proposed Sale | 22.48 | 12,534 | 281,793 | Oct 06 04:28 PM |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| VNQ | Vanguard Real Estate Index Fund ETF | AUM: 38.99B |
| VTI | Vanguard Morningstar Total Stock Market ETF | AUM: 687.42B |
| IWM | iShares Russell 2000 Index Fund | AUM: 77.38B |
| DFSV | US Small Cap Value Portfolio ETF Class Shares | AUM: 8.52B |
| VXF | Vanguard Extended Market Index ETF | AUM: 30.47B |
| IWN | iShares Russell 2000 Value ETF | AUM: 14.10B |
| DFAS | U.S. Small Cap Portfolio-ETF Class Shares | AUM: 15.51B |
| DFMC | U.S. Micro Cap Portfolio ETF Class Shares | AUM: 212.10M |
| VTWO | Vanguard Russell 2000 Index ETF | AUM: 16.75B |
| DFAC | U.S. Core Equity 2 Portfolio-ETF Class Shares | AUM: 49.14B |
News
latest 14 of 52- Seaport Entertainment Misses Badly As Weather Hits Concerts, But Cost Cuts Keep Operating EBITDA Positive (Earnings Whispers) -8.67%
- Seaport Entertainment Group Reports Third Quarter 2026 Results (Business Wire)
- Seaport Entertainment's Summer Quarter Tests Whether Its Early Cash-Flow Turn Can Last (Earnings Whispers)
- Seaport Entertainment Group Announces Third Quarter Earnings Release and Conference Call Dates (Business Wire)
- Seaport Entertainment Group Completes Sale of 85 South Street Residential Building for $8.25 Million (Business Wire)
- Seaport Entertainment Group Inc (SEG) (Q2 2026) Earnings Call Highlights: First-Ever Positive ... (GuruFocus.com)
- Seaport Entertainment Group Reports Second Quarter 2026 Results (Business Wire)
- Seaport Entertainment Group Announces Second Quarter Earnings Release and Conference Call Dates (Business Wire)
- Comstock Appoints former Blackstone and Citigroup Leader David Hirsh to Board of Directors (Business Wire)
- Seaport Entertainment Group and the Team Behind Public Records Announce Partnership to Open New Project in New York City's Seaport Neighborhood (Business Wire)
- Seaport Entertainment Group Reports First Quarter 2026 Results (Business Wire)
- Seaport Entertainment Group Announces First Quarter 2026 Earnings Release and Conference Call (Business Wire)
- Ackman Remains the Largest Institutional Shareholder of Seaport Entertainment Group Inc. (SEG) (Insider Monkey)
- Seaport Entertainment Group Inc (SEG) Q4 2025 Earnings Call Highlights: Revenue Growth and ... (GuruFocus.com) -6.04%
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q3 | 2026-11-04 | -0.230 | -0.050 | -0.650 | 32.70 | 35.89 | 1 |
| 2026Q2 | 2026-08-05 | 0.020 | -0.250 | -0.817 | 34.29 | 32.16 | 1 |
| 2026Q1 | 2026-05-06 | -1.410 | -1.240 | -3.466 | 12.74 | 16.96 | 1 |
| 2025Q4 | 2026-03-04 | -1.370 | -0.820 | -2.888 | 29.49 | 29.40 | 1 |
| 2025Q3 | 2025-11-10 | -0.570 | -0.760 | -2.611 | 45.05 | 46.90 | 1 |
| 2025Q2 | 2025-09-03 | -0.580 | - | -1.164 | 39.80 | - | - |
| 2025Q1 | 2025-05-13 | -1.790 | - | -2.512 | 16.07 | - | - |
| 2024Q4 | 2025-03-11 | -1.670 | - | -3.276 | 22.84 | - | - |
| 2024Q3 | 2024-11-07 | - | - | -5.700 | 39.70 | - | - |
| 2026Q4 | - | - | -0.490 | - | - | 26.06 | 1 |
| 2027Q1 | - | - | -0.410 | - | - | 16.55 | 1 |
| 2027Q2 | - | - | 0.140 | - | - | 39.22 | 1 |
| 2027Q3 | - | - | 0.190 | - | - | 42.22 | 1 |
| 2027Q4 | - | - | -0.030 | - | - | 35.09 | 1 |
| 2028Q1 | - | - | 0.010 | - | - | 22.71 | 1 |
| 2028Q2 | - | - | 0.610 | - | - | 51.71 | 1 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2025FY | -4.260 | -3.760 | -9.180 | 130.41 | 130.32 |
| 2026FY | - | -1.900 | - | - | 105.79 |
| 2027FY | - | -0.120 | - | - | 133.07 |
| 2028FY | - | 1.770 | - | - | 175.83 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q4 | S | 2026-11-05 | 1 | 0 | 0 | 26.06 | 26.06 | 26.06 |
| 2026Q4 | S | 2026-11-04 | 1 | 0 | 0 | 26.26 | 26.26 | 26.26 |
| 2026Q4 | S | 2026-08-06 | 1 | 0 | 0 | 26.26 | 26.26 | 26.26 |
| 2026Q4 | S | 2026-07-21 | 1 | 0 | 0 | 26.26 | 26.26 | 26.26 |
| 2026Q4 | S | 2026-05-07 | 1 | 0 | 1 | 26.26 | 26.26 | 26.26 |
| 2026Q4 | S | 2026-03-05 | 1 | 0 | 1 | 31.31 | 31.31 | 31.31 |
| 2026Q4 | S | 2026-02-23 | 1 | 0 | 0 | 31.73 | 31.73 | 31.73 |
| 2026Q4 | S | 2026-01-25 | 1 | 0 | 0 | 31.70 | 31.70 | 31.70 |
| 2026Q4 | S | 2025-11-11 | 1 | 1 | 0 | 31.70 | 31.70 | 31.70 |
| 2026Q4 | S | 2025-11-10 | 1 | 0 | 0 | 31.15 | 31.15 | 31.15 |
| 2026Q4 | S | 2025-11-09 | 1 | 0 | 0 | 31.15 | 31.15 | 31.15 |
| 2026Q4 | S | 2025-11-08 | 1 | 0 | 0 | 31.15 | 31.15 | 31.15 |
| 2026Q4 | S | 2025-11-07 | 1 | 0 | 0 | 31.15 | 31.15 | 31.15 |
| 2026Q4 | S | 2025-11-06 | 1 | 0 | 0 | 31.15 | 31.15 | 31.15 |
Estimate history
| EPS, annual | -7.652 | -57.628 | -12.056 | -9.179 | -7.8249 | ||||
|---|---|---|---|---|---|---|---|---|---|
| Period | 2022 | 2023 | 2024 | 2025 | TTM | ||||
| EPS, quarterly | -5.7 | -3.276 | -2.512 | -1.164 | -2.611 | -2.888 | -3.466 | -0.817 | -0.653 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
| Sales, annual | 119.046 | 115.678 | 110.223 | 130.408 | 109.22 | ||||
| Period | 2022 | 2023 | 2024 | 2025 | TTM | ||||
| Sales, quarterly | 39.697 | 22.844 | 16.069 | 39.801 | 45.05 | 29.488 | 12.737 | 34.29 | 32.704 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
| Shares, annual | 14.543 | 14.543 | 12.708 | 12.777 | 12.837 | ||||
| Period | 2022 | 2023 | 2024 | 2025 | MRQ | ||||
| Shares, quarterly | 5.704 | 12.708 | 12.699 | 12.698 | 12.735 | 12.777 | 12.806 | 12.805 | 12.837 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY |
|---|---|---|---|---|---|
| Total Revenue | 109.22 | 130.41 | 110.22 | 115.68 | 119.05 |
| Cost of Goods Sold Incl. D&A | 139.94 | 160.78 | 118.49 | 127.33 | 124.16 |
| Gross Profit | -30.73 | -30.37 | -8.27 | -11.65 | -5.11 |
| Selling, General and Administrative Excl. Other | 27.54 | 42.47 | 65.63 | 31.00 | 18.39 |
| Other Operating Expense | 29.15 | 31.47 | 35.02 | 0.00 | 0.00 |
| Operating Income | -87.42 | -104.31 | -108.92 | -42.65 | -23.50 |
| Interest Expense | - | - | 6.75 | 3.17 | 4.01 |
| Unusual Expense | 0.34 | 0.00 | 1.56 | 672.54 | 0.00 |
| Net Income Before Taxes | -98.40 | -115.34 | -152.62 | -840.25 | -107.81 |
| Income Taxes | 0.00 | 0.00 | 0.00 | -2.19 | 3.47 |
| Consolidated Net Income | -98.40 | -115.34 | -152.62 | -838.07 | -111.28 |
| Net Income From Continuing Operations | -99.80 | -116.74 | -153.21 | -838.07 | -111.28 |
| Net Income | -99.80 | -116.74 | -153.21 | -838.07 | -111.28 |
| EPS (Recurring) | -7.77 | -9.18 | -11.97 | -25.26 | -7.65 |
| EPS (Basic, Before Extraordinaries) | -7.82 | -9.18 | -12.06 | -57.63 | -7.65 |
| EPS (Diluted) | -7.82 | -9.18 | -12.06 | -57.63 | -7.65 |
| EBITDA | -45.57 | -72.12 | -74.13 | 5.79 | 23.86 |
| Non-Operating Income (Expense) | -9.16 | -11.03 | -35.40 | -121.90 | -80.30 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | - | 15.08 | 3.34 | 1.18 | 0.69 |
| Price To Sales Ratio | 2.69 | 1.93 | 3.22 | - | - |
| Gross Margin | -28.13 | -23.29 | -7.50 | -10.07 | -4.29 |
| Operating Margin | -80.04 | -79.99 | -98.81 | -36.87 | -19.74 |
| Net Margin | -91.38 | -89.52 | -139.00 | -724.48 | -93.47 |
| Shares Outstanding | 12.84 | 12.78 | 12.71 | 14.54 | 14.54 |
| Market Capitalization | 263.16 | 263.16 | 355.11 | 355.11 | - |
Income statement, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 32.70 | 34.29 | 12.74 | 29.49 | 45.05 | 39.80 | 16.07 | 22.84 |
| Cost of Goods Sold Incl. D&A | 29.56 | 30.02 | 37.56 | 42.80 | 47.02 | 40.12 | 31.19 | 30.53 |
| Gross Profit | 3.15 | 4.26 | -24.83 | -13.31 | -1.97 | -0.32 | -15.12 | -7.69 |
| Selling, General and Administrative Excl. Other | 6.28 | 6.36 | 8.12 | 6.78 | 18.04 | 7.88 | 9.50 | 9.59 |
| Other Operating Expense | 7.04 | 6.90 | 6.98 | 8.23 | 7.39 | 7.68 | 8.08 | 0.00 |
| Operating Income | -10.17 | -9.00 | -39.93 | -28.32 | -27.41 | -15.88 | -32.70 | -17.28 |
| Interest Expense | - | - | 0.27 | 1.21 | 0.13 | - | - | - |
| Unusual Expense | 0.00 | 0.00 | 0.34 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Before Taxes | -8.03 | -10.11 | -43.75 | -36.52 | -32.86 | -14.42 | -31.54 | -41.28 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -8.03 | -10.11 | -43.75 | -36.52 | -32.86 | -14.42 | -31.54 | -41.28 |
| Net Income From Continuing Operations | -8.38 | -10.46 | -44.10 | -36.87 | -33.21 | -14.77 | -31.89 | -41.63 |
| Net Income | -8.38 | -10.46 | -44.10 | -36.87 | -33.21 | -14.77 | -31.89 | -41.63 |
| EPS (Recurring) | -0.65 | -0.82 | -3.45 | -2.89 | -2.61 | -1.16 | -2.51 | -3.28 |
| EPS (Basic, Before Extraordinaries) | -0.65 | -0.82 | -3.47 | -2.89 | -2.61 | -1.16 | -2.51 | -3.28 |
| EPS (Diluted) | -0.65 | -0.82 | -3.47 | -2.89 | -2.61 | -1.16 | -2.51 | -3.28 |
| EBITDA | -5.84 | -2.18 | -19.82 | -17.73 | -20.48 | -9.30 | -24.61 | -3.59 |
| Non-Operating Income (Expense) | 2.15 | -1.11 | -3.21 | -6.99 | -5.33 | 1.46 | 1.16 | -24.00 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | - | 1.58 | - | 9.47 | 1.71 | 2.08 | - | 2.38 |
| Price To Sales Ratio | 2.69 | 2.80 | 2.15 | 1.94 | 2.36 | 2.00 | 2.42 | 3.20 |
| Gross Margin | 9.63 | 12.44 | -194.92 | -45.14 | -4.38 | -0.79 | -94.10 | -33.66 |
| Operating Margin | -31.10 | -26.24 | -313.50 | -96.04 | -60.84 | -39.90 | -203.51 | -75.63 |
| Net Margin | -25.61 | -30.50 | -346.26 | -125.02 | -73.73 | -37.12 | -198.44 | -182.22 |
| Shares Outstanding | 12.84 | 12.80 | 12.81 | 12.78 | 12.73 | 12.70 | 12.70 | 12.71 |
| Market Capitalization | 265.08 | 340.53 | 274.86 | 251.77 | 291.82 | 236.75 | 272.60 | 355.11 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY |
|---|---|---|---|---|
| Cash & Short Term Investments | 87.39 | 167.84 | 43.84 | 66.71 |
| Short Term Receivables | 7.15 | 5.25 | 13.67 | 8.20 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Current Assets | 94.54 | 173.09 | 57.52 | 74.92 |
| Net Property, Plant & Equipment | 366.18 | 501.82 | 478.35 | 1,134.36 |
| Total Investments and Advances | 16.68 | 28.33 | 37.46 | 69.81 |
| Intangible Assets | 14.22 | 17.38 | 20.53 | 23.69 |
| Deferred Tax Assets | 14.82 | 13.48 | - | - |
| Other Assets | 158.50 | 22.94 | 22.96 | 11.74 |
| Total Assets | 664.95 | 757.03 | 616.81 | 1,314.52 |
| Short Term Debt Incl. Current Port. of LT Debt | 3.50 | 0.00 | 0.00 | 0.00 |
| Accounts Payable | 7.95 | 11.00 | 4.29 | 3.34 |
| Other Current Liabilities | 19.59 | 12.11 | 23.85 | 22.27 |
| Total Current Liabilities | 31.04 | 23.11 | 28.14 | 25.61 |
| Long Term Debt | 91.38 | 149.06 | 203.78 | 190.53 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | 14.82 | 13.48 | - | 2.19 |
| Other Liabilities | 61.30 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 198.54 | 185.65 | 231.92 | 218.33 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 456.51 | 561.48 | 384.89 | 1,096.19 |
| Total Shareholders Equity | 456.51 | 561.48 | 384.89 | 1,096.19 |
| Accumulated Minority Interest | 9.90 | 9.90 | 0.00 | 0.00 |
| Total Equity | 466.41 | 571.38 | 384.89 | 1,096.19 |
| Total Liabilities & Stockholders Equity | 664.95 | 757.03 | 616.81 | 1,314.52 |
| Book Value Per Share | 35.73 | 44.18 | 26.47 | 75.38 |
| Tangible Book Value Per Share | 34.62 | 42.82 | 25.05 | 73.75 |
| Full-Time Employees | 627 | 90 | 82 | - |
| Price to Book Ratio | 0.66 | 0.37 | 0.37 | - |
| Return on Assets | -16.58 | -22.30 | -86.79 | - |
| Return on Equity | -22.94 | -32.38 | -113.17 | - |
| Return on Invested Capital | -21.31 | -21.56 | -142.36 | -8.65 |
| Quick Ratio | 3.05 | 7.49 | 2.04 | 2.93 |
| Current Ratio | 3.05 | 7.49 | 2.04 | 2.93 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY |
|---|---|---|---|---|---|
| Net Income | -98.40 | -115.34 | -152.62 | -838.07 | -111.28 |
| Depreciation | 41.89 | 32.19 | 34.78 | 48.43 | 47.36 |
| Other Funds (Non Cash) | 16.46 | 34.29 | 51.48 | 757.17 | 37.17 |
| Funds from Operations | -40.05 | -48.86 | -66.36 | -34.65 | -23.28 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -3.12 | 5.46 | 13.68 | -16.11 | -6.27 |
| Cash from Operating Activities | -43.18 | -43.40 | -52.69 | -50.76 | -29.55 |
| Capital Expenditures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 143.94 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | -39.00 | -30.76 | -103.36 | -108.32 | -198.03 |
| Purchase of Investments | -39.00 | -30.76 | -103.36 | -108.32 | -198.03 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.69 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 104.94 | -30.08 | -103.36 | -108.32 | -198.03 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.00 | -0.21 | 166.79 | 0.00 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.00 | -0.21 | 166.79 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | -0.21 | 166.79 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | -63.35 | -2.00 | -55.60 | 13.19 | -1.91 |
| Change in Long Term Debt | -63.35 | -2.00 | -55.60 | 13.19 | -1.91 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 115.00 | 0.00 |
| Reduction of Long Term Debt | -63.35 | -2.00 | -55.60 | -101.81 | -1.91 |
| Net Financing Active Other Cash Flow | -4.91 | -4.77 | 168.87 | 123.03 | 239.32 |
| Other Financing Activities Uses | -4.91 | -4.77 | -0.59 | -2.25 | -0.29 |
| Cash from Financing Activities | -68.25 | -6.97 | 280.05 | 136.21 | 237.41 |
| Net Change in Cash | -6.49 | -80.45 | 124.00 | -22.87 | 9.83 |
| Free Cash Flow | -43.18 | -43.40 | -52.69 | -50.76 | -29.55 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Taxes & Investment Tax Credit | - | 0.00 | 0.00 | -2.19 | 3.47 |
Balance sheet, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 110.31 | 126.97 | 144.69 | 87.39 | 116.80 | 125.36 |
| Short Term Receivables | 7.18 | 8.58 | 6.89 | 7.15 | 9.86 | 8.40 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Current Assets | 117.50 | 135.55 | 151.58 | 94.54 | 126.66 | 133.76 |
| Net Property, Plant & Equipment | 358.84 | 360.85 | 345.38 | 366.18 | 372.73 | 526.00 |
| Total Investments and Advances | 17.37 | 17.37 | 17.06 | 16.68 | 16.51 | 17.83 |
| Intangible Assets | 11.86 | 12.65 | 13.44 | 14.22 | 15.01 | 15.80 |
| Deferred Tax Assets | - | - | - | 14.82 | - | - |
| Other Assets | 19.17 | 16.88 | 14.35 | 158.50 | 168.16 | 23.83 |
| Total Assets | 524.73 | 543.30 | 541.80 | 664.95 | 699.07 | 717.23 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.95 | 2.04 | 2.42 | 3.50 | 0.00 | 0.00 |
| Accounts Payable | 9.60 | 17.13 | 6.42 | 7.95 | 23.54 | 11.21 |
| Other Current Liabilities | 14.29 | 18.28 | 17.59 | 19.59 | 22.89 | 21.80 |
| Total Current Liabilities | 24.84 | 37.46 | 26.43 | 31.04 | 46.43 | 33.00 |
| Long Term Debt | 93.19 | 92.02 | 92.54 | 91.38 | 95.61 | 156.42 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | - | - | - | 14.82 | - | - |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 61.30 | 61.30 | 0.00 |
| Total Liabilities | 118.03 | 129.47 | 118.97 | 198.54 | 203.33 | 189.42 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 396.80 | 403.93 | 412.93 | 456.51 | 485.84 | 517.90 |
| Total Shareholders Equity | 396.80 | 403.93 | 412.93 | 456.51 | 485.84 | 517.90 |
| Accumulated Minority Interest | 9.90 | 9.90 | 9.90 | 9.90 | 9.90 | 9.90 |
| Total Equity | 406.70 | 413.82 | 422.83 | 466.41 | 495.74 | 527.80 |
| Total Liabilities & Stockholders Equity | 524.73 | 543.30 | 541.80 | 664.95 | 699.07 | 717.23 |
| Book Value Per Share | 30.91 | 31.54 | 32.25 | 35.73 | 38.15 | 40.79 |
| Tangible Book Value Per Share | 29.99 | 30.56 | 31.20 | 34.62 | 36.97 | 39.54 |
| Full-Time Employees | - | - | - | 627 | - | - |
| Price to Book Ratio | 0.67 | 0.82 | 0.60 | 0.52 | 0.56 | 0.45 |
| Return on Assets | -16.31 | -19.78 | -20.47 | -16.58 | -18.38 | -18.20 |
| Return on Equity | -22.61 | -27.04 | -27.32 | -22.94 | -26.42 | -26.88 |
| Return on Invested Capital | -1.71 | -2.11 | -8.73 | -6.73 | -5.71 | -2.19 |
| Quick Ratio | 4.73 | 3.62 | 5.73 | 3.05 | 2.73 | 4.05 |
| Current Ratio | 4.73 | 3.62 | 5.73 | 3.05 | 2.73 | 4.05 |
Cash flow, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Net Income | -8.03 | -10.11 | -43.75 | -36.52 | -32.86 | -14.42 |
| Depreciation | 4.37 | 6.82 | 20.11 | 10.59 | 6.93 | 6.58 |
| Other Funds (Non Cash) | 1.11 | 3.22 | 4.10 | 8.04 | 20.22 | 3.78 |
| Funds from Operations | -2.55 | -0.07 | -19.54 | -17.89 | -5.71 | -4.07 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -5.84 | -1.35 | 9.20 | -5.13 | 2.87 | 5.72 |
| Cash from Operating Activities | -8.39 | -1.42 | -10.35 | -23.02 | -2.84 | 1.66 |
| Capital Expenditures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 6.53 | 0.00 | 137.42 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | -13.94 | -14.79 | -7.45 | -2.82 | -4.80 | -6.67 |
| Purchase of Investments | -13.94 | -14.79 | -7.45 | -2.82 | -4.80 | -6.67 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -7.41 | -14.79 | 129.97 | -2.82 | -4.80 | -6.67 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.19 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.19 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.19 |
| Issuance or Reduction of Debt, Net | 0.00 | -1.04 | -61.30 | -1.01 | 0.00 | -0.99 |
| Change in Long Term Debt | 0.00 | -1.04 | -61.30 | -1.01 | 0.00 | -0.99 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | 0.00 | -1.04 | -61.30 | -1.01 | 0.00 | -0.99 |
| Net Financing Active Other Cash Flow | -0.87 | -0.47 | -1.02 | -2.55 | -0.91 | -0.45 |
| Other Financing Activities Uses | -0.87 | -0.47 | -1.02 | -2.55 | -0.91 | -0.45 |
| Cash from Financing Activities | -0.87 | -1.51 | -62.32 | -3.56 | -0.91 | -1.63 |
| Net Change in Cash | -16.66 | -17.72 | 57.30 | -29.41 | -8.56 | -6.64 |
| Free Cash Flow | -8.39 | -1.42 | -10.35 | -23.02 | -2.84 | 1.66 |
Revenue breakdown
| Consolidation, Policy | 2024: 2.08M 2025: 2.13M |
|---|---|
| Hospitality | 2024: 30.00M 2025: 51.74M |
| Rental | 2024: 26.72M 2025: 17.74M |
| Sponsorships, events, and entertainment | 2024: 51.43M 2025: 58.80M |
| United States | 2024: 110.22M 2025: 130.41M |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 5.12% | 0.6M | 12.3M | 76.40K |
| 2026-10-15 | 5.25% | 0.6M | 12.3M | 75.31K |
| 2026-09-30 | 5.17% | 0.6M | 12.3M | 67.13K |
| 2026-09-15 | 5.43% | 0.7M | 12.3M | 63.41K |
| 2026-08-31 | 5.58% | 0.7M | 12.3M | 63.83K |
| 2026-08-14 | 5.85% | 0.7M | 12.3M | 69.81K |
| 2026-07-31 | 7.03% | 0.9M | 12.3M | 62.52K |
| 2026-07-15 | 7.08% | 0.9M | 12.4M | 62.03K |
| 2026-06-30 | 6.93% | 0.9M | 12.4M | 60.88K |
| 2026-06-15 | 7.12% | 0.9M | 12.4M | 60.00K |
| 2026-05-29 | 6.89% | 0.9M | 12.4M | 65.91K |
| 2026-05-15 | 6.47% | 0.8M | 12.4M | 61.51K |
| 2026-04-30 | 6.37% | 0.8M | 12.4M | 78.86K |
| 2026-04-15 | 6.53% | 0.8M | 12.4M | 84.49K |
| 2026-03-31 | 6.40% | 0.8M | 12.5M | 88.55K |
| 2026-03-13 | 6.86% | 0.9M | 12.5M | 89.14K |
| 2026-02-27 | 7.56% | 0.9M | 12.5M | 86.48K |
| 2026-02-13 | 7.87% | 1.0M | 12.4M | 91.10K |
| 2026-01-30 | 5.85% | 0.7M | 12.4M | 77.85K |
| 2026-01-15 | 5.29% | 0.7M | 12.4M | 73.90K |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 12.50 | 6.90 | 10.30 | 0.00 | 5.340 | 0.00 | 0.00 | 0.843 | -0.261 | 0.008 |
| call | 15.00 | 4.40 | 7.80 | 0.00 | 4.071 | 0.00 | 0.00 | 0.790 | -0.247 | 0.009 |
| call | 17.50 | 1.90 | 4.70 | 0.00 | 2.413 | 0.00 | 0.00 | 0.719 | -0.216 | 0.011 |
| call | 20.00 | 0.05 | 4.00 | 0.00 | 2.919 | 0.00 | 0.00 | 0.621 | -0.213 | 0.012 |
| call | 22.50 | 0.00 | 3.50 | 1.40 | 3.286 | 8.00 | 0.00 | 0.532 | -0.233 | 0.013 |
| call | 25.00 | 0.00 | 2.60 | 0.35 | 3.206 | 10.00 | 0.00 | 0.448 | -0.231 | 0.013 |
| call | 30.00 | 0.00 | 2.60 | 0.00 | 4.037 | 0.00 | 0.00 | 0.390 | -0.283 | 0.012 |
| call | 35.00 | 0.00 | 2.65 | 0.00 | 4.688 | 0.00 | 0.00 | 0.361 | -0.320 | 0.012 |
| put | 12.50 | 0.00 | 2.60 | 0.00 | 6.019 | 0.00 | 0.00 | -0.157 | -0.263 | 0.008 |
| put | 15.00 | 0.00 | 3.40 | 0.00 | 4.695 | 0.00 | 0.00 | -0.210 | -0.246 | 0.009 |
| put | 17.50 | 0.00 | 2.70 | 0.00 | 3.556 | 0.00 | 0.00 | -0.281 | -0.217 | 0.011 |
| put | 20.00 | 0.00 | 3.70 | 0.00 | 3.148 | 0.00 | 0.00 | -0.379 | -0.211 | 0.012 |
| put | 22.50 | 0.55 | 3.60 | 0.00 | 1.943 | 0.00 | 0.00 | -0.468 | -0.230 | 0.013 |
| put | 25.00 | 2.25 | 5.60 | 0.00 | 2.102 | 0.00 | 0.00 | -0.555 | -0.226 | 0.013 |
| put | 30.00 | 7.90 | 10.60 | 7.80 | 2.916 | 0.00 | 0.00 | -0.610 | -0.279 | 0.012 |
| put | 35.00 | 12.60 | 16.00 | 0.00 | 3.903 | 0.00 | 0.00 | -0.639 | -0.316 | 0.012 |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-05 | 8-K | Current report | 2026-11-04 | SEC |
| 2026-11-04 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-09-30 | SEC |
| 2026-10-06 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-09-22 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-18 | SEC |
| 2026-09-16 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-15 | SEC |
| 2026-09-16 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-15 | SEC |
| 2026-09-16 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-15 | SEC |
| 2026-08-05 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-08-05 | 8-K | Current report | 2026-08-05 | SEC |
| 2026-08-03 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-31 | SEC |
| 2026-08-03 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-31 | SEC |
| 2026-08-03 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-31 | SEC |
| 2026-06-29 | 8-K | Current report | 2026-06-25 | SEC |
| 2026-06-16 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-15 | SEC |
| 2026-06-16 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-15 | SEC |
| 2026-06-16 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-15 | SEC |
| 2026-06-12 | 8-K | Current report | 2026-06-08 | SEC |
| 2026-05-15 | SCHEDULE 13G | SEC | ||
| 2026-05-08 | SCHEDULE 13G | SEC | ||
| 2026-05-06 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-03-31 | SEC |
| 2026-05-06 | 8-K | Current report | 2026-05-06 | SEC |
| 2026-04-23 | 4 | Statement of changes in beneficial ownership of securities | 2026-04-21 | SEC |
| 2026-04-23 | ARS | Annual report to security holders. | 2025-12-31 | SEC |
| 2026-04-23 | DEFA14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | SEC | |
| 2026-04-23 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-06-08 | SEC |
| 2026-04-07 | 8-K | Current report | 2026-04-01 | SEC |
| 2026-04-03 | 4 | Statement of changes in beneficial ownership of securities | 2026-04-01 | SEC |
| 2026-03-17 | 4 | Statement of changes in beneficial ownership of securities | 2026-03-16 | SEC |
| 2026-03-17 | 4 | Statement of changes in beneficial ownership of securities | 2026-03-16 | SEC |
| 2026-03-17 | 4 | Statement of changes in beneficial ownership of securities | 2026-03-16 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| PERSHING SQUARE INC. | 39.24% |
| KAHN BROTHERS GROUP INC | 7.16% |
| GATE CITY CAPITAL MANAGEMENT, LLC | 5.65% |
| Rubric Capital Management LP | 4.44% |
| BlackRock, Inc. | 4.32% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 3.00% |
| DIMENSIONAL FUND ADVISORS LP | 2.75% |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.68% |
| Cerity Partners LLC | 2.46% |
| Solas Capital Management, LLC | 1.66% |
Funds
| Fund | % owned |
|---|---|
| VANGUARD REAL ESTATE INDEX FUND | 2.18% |
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 1.96% |
| iShares Russell 2000 ETF | 1.52% |
| VANGUARD EXTENDED MARKET INDEX FUND | 0.66% |
| U.S. SMALL CAP VALUE PORTFOLIO | 0.64% |
| Fidelity Small Cap Index Fund | 0.63% |
| iShares Russell 2000 Value ETF | 0.59% |
| U.S. MICRO CAP PORTFOLIO | 0.42% |
| VANGUARD REAL ESTATE II INDEX FUND | 0.38% |
| U.S. SMALL CAP PORTFOLIO | 0.34% |
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