Why These 15 Real Estate Stocks Are Plunging In 2025

Page 12 of 14

3. Seaport Entertainment Group Inc (NYSEAMERICAN:SEG)

Number of Hedge Fund Holders In Q4 2024: 13

Seaport Entertainment Group Inc (NYSEAMERICAN:SEG) is a real estate entertainment company.

The stock is down significantly so far in 2025 due to it reporting a net loss of $153.2 million for 2024, despite an 82% improvement from the prior year.

Revenue declined by 4% year-over-year to $111.1 million. This was driven by a 7% drop in sponsorships, events, and entertainment revenue and a 10% decline in hospitality revenue.

Operating costs rose by 10%, primarily due to higher general and administrative expenses associated with the company’s separation from Howard Hughes Holdings.

Moreover, equity losses from unconsolidated ventures amounted to $42.6 million. Interest expenses rose by 113% in 2024 due to reduced capitalized interest and higher costs related to secured mortgages.

SEG stock is down 20.89% year-to-date.

Page 12 of 14