Seaport Entertainment Gr (NYSE:SEG – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported ($0.23) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.18), Zacks reports. Seaport Entertainment Gr had a negative return on equity of 8.76% and a negative net margin of 90.74%. The company had revenue of $32.70 million for the quarter.
Seaport Entertainment Gr Stock Performance
NYSE SEG traded down $0.81 during trading hours on Friday, hitting $20.66. 86,005 shares of the stock were exchanged, compared to its average volume of 72,529. The company has a quick ratio of 4.06, a current ratio of 4.06 and a debt-to-equity ratio of 0.09. The company has a market cap of $264.72 million, a price-to-earnings ratio of -2.64 and a beta of 1.27. Seaport Entertainment Gr has a 12-month low of $17.74 and a 12-month high of $29.61. The stock has a 50-day moving average of $23.70 and a 200 day moving average of $23.62.
Wall Street Analyst Weigh In
SEG has been the topic of a number of recent research reports. JonesTrading dropped their target price on Seaport Entertainment Gr from $36.00 to $30.00 and set a “buy” rating on the stock in a report on Friday. Zacks Research raised Seaport Entertainment Gr to a “hold” rating in a report on Friday, October 2nd. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Seaport Entertainment Gr in a research report on Friday, October 30th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $30.00.
Get Our Latest Analysis on Seaport Entertainment Gr
Seaport Entertainment Gr Company Profile
Seaport Entertainment Group Inc (NYSE:SEG) is an entertainment and hospitality company focused on owning, operating and developing destinations that combine dining, retail, sports, entertainment and real estate. Its activities are centered on creating mixed-use experiences that attract visitors, residents and event attendees.
The company’s portfolio includes the Seaport district in Lower Manhattan, a large-scale waterfront destination featuring restaurants, shops, entertainment venues, public spaces and cultural attractions.
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