Seaport Entertainment Group, Inc. (SEG)
NYSE NYSE Primary 
Seaport Entertainment Group Inc. (SEG) Q2 2025 Earnings Call Transcript
Seaport Entertainment Group Inc. (NYSE:SEG ) Q2 2025 Earnings Conference Call August 12, 2025 8:30 AM ET Company Participants Anton D. Nikodemus - CEO, President & Chairman of the Board of Directors Matthew Morris Partridge - CFO, Executive VP & Treasurer Operator Ladies and gentlemen, greetings and welcome to Seaport Entertainment Group Second Quarter 2025 Earnings Call.
Seaport Entertainment's Sale Of 250 Water Street Could Be Worth $17 Per Share
SEG's planned sale of Manhattan's Financial District 250 Water Street could unlock significant value for shareholders, eliminating project risk, debt, and costly interest expenses. The Manhattan site is uniquely attractive, with full approvals, 421a tax benefits, and strong demand for housing in Manhattan set to drive a premium sale price. A sale at $220 million would represent $17.33 per share, nearly matching SEG's market cap and highlighting current undervaluation.
Seaport Entertainment Group Inc. (SEG) Q1 2025 Earnings Call Transcript
Seaport Entertainment Group Inc. (SEG Q1 2025 Earnings Conference Call May 13, 2025 8:30 AM ET Company Participants Matt Partridge - Chief Financial Officer Anton Nikodemus - Chairman, President & Chief Executive Officer Conference Call Participants Operator Greetings, and welcome to the Seaport Entertainment Group First Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode.
Seaport Entertainment Group Inc. (SEG) Q4 2024 Earnings Call Transcript
Seaport Entertainment Group Inc. (NYSE:SEG ) Q4 2024 Earnings Conference Call March 11, 2025 8:30 AM ET Company Participants Matt Partridge - Chief Financial Officer Anton Nikodemus - Chairman, President and Chief Executive Officer Conference Call Participants Operator Greetings, and welcome to the Seaport Entertainment Group Fourth Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Seaport Entertainment Group Is In The Buy Zone Following Market Turbulence (Upgrade)
Following recent market volatility, Seaport Entertainment Group shares have fallen to an even more opportune entry point. Reassessing the value of Seaport's New York and Las Vegas assets, SEG could have an underlying value as high as $67 per share. Although execution risk remains, even in a "worst case scenario," SEG stock could still double from current prices.
Seaport Entertainment: Attractive Property Assets, If New Management Can Execute Post Spin
Seaport Entertainment Group, a spinout (with rights offering) from Howard Hughes Holdings, appears undervalued on a sum-of-the-parts basis given trophy property assets in New York and Las Vegas. Despite a loss-making history from a focus on high-end restaurants, there may be significant opportunities for new management to unlock value from a unique set of properties and property rights. Potential risks include Pershing Square holding potentially a majority stake, which could disadvantage minority shareholders.
