Seven Hills Realty Trust (SEVN)
| Market Cap | 195.53M |
| Revenue (ttm) | 30.40M |
| Net Income (ttm) | 18.80M |
| Shares Out | 14.90M |
| EPS (ttm) | 1.28 |
| PE Ratio | 10.25 |
| Forward PE | 9.22 |
| Dividend | $1.40 (10.67%) |
| Ex-Dividend Date | Oct 28, 2024 |
| Volume | 125,004 |
| Open | 12.80 |
| Previous Close | 12.90 |
| Day's Range | 12.80 - 13.19 |
| 52-Week Range | 11.23 - 14.66 |
| Beta | 0.54 |
| Analysts | Strong Buy |
| Price Target | 14.50 (+10.52%) |
| Earnings Date | Oct 28, 2024 |
About SEVN
Seven Hills Realty Trust, a real estate investment trust, focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate in the United States. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was formerly known as RMR Mortgage Trust. Seven Hills Realty Trust was incorporated in 2008 and is headquartered in Newton, Massa... [Read more]
Financial Performance
In 2023, Seven Hills Realty Trust's revenue was $34.91 million, an increase of 26.14% compared to the previous year's $27.67 million. Earnings were $25.75 million, a decrease of -6.20%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for SEVN stock is "Strong Buy." The 12-month stock price forecast is $14.5, which is an increase of 10.52% from the latest price.
News
Seven Hills Realty Trust Closes $45.0 Million Bridge Loan to Finance the Acquisition of a Hotel in Boston, Massachusetts
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) closed a $45M loan to finance the acquisition of Club Quarters Hotel, in Boston.
Seven Hills Realty Trust Elects Ann Danner to Board of Trustees
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) has elected Ann M. Danner to the Company's Board of Trustees as an Independent Trustee.
Seven Hills Realty Trust Closes $42.0 Million Bridge Loan to Refinance a Student Housing Property Near the University of Mississippi
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) announced a $42M loan to Shore to Shore Properties, Inc. to refinance The Domain at Oxford.
REITs: Key Demographic Trends Driving Opportunity
Understanding long-term demographic trends is crucial for real estate investments, with population growth and density significantly impacting property values. The aging U.S. population will drive dema...
Seven Hills Realty Trust (SEVN) Q3 2024 Earnings Call Transcript
Seven Hills Realty Trust (NASDAQ:SEVN) Q3 2024 Earnings Conference Call October 29, 2024 11:00 AM ET Company Participants Melissa McCarthy - Manager of IR Tom Lorenzini - President & Chief Investment...
Seven Hills Realty Trust Announces Third Quarter 2024 Results
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and nine months ended September 30, 2024, which can be found at the Quarterly ...
Seven Hills Realty Trust Announces Quarterly Dividend on Common Shares
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced a regular cash distribution on its common shares of $0.35 per share ($1.40 per share per year). The distribution...
Seven Hills Realty Trust Third Quarter 2024 Conference Call Scheduled for Tuesday, October 29th
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its third quarter 2024 financial results after the Nasdaq closes o...
Perspectives: Listed REITs - Fall Edition
Public REITs have benefited from a great rotation within equity markets since the end of June, with U.S. REITs returning 13.2% vs. S&P 500 3.7%. Clear evidence of a growth slowdown and moderating infl...
Seven Hills Realty Trust Closes $16.0 Million Bridge Loan to Recapitalize a Hotel in Orlando, Florida
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $16.0 million first mortgage floating rate bridge loan secured by the Home2 Suites by Hilton La...
The REIT Comeback: Earnings Recap
Over 200 U.S. REITs and homebuilders have reported second-quarter earnings results over the past six weeks, providing critical information on the state of the commercial and residential real estate in...
REIT Earnings Halftime Report
We're at the halfway point of another consequential real estate earnings season, with 75 of the roughly 150 equity REITs and 19 of 38 mortgage REITs now having reported results. Amid an otherwise unde...
Seven Hills Realty Trust (SEVN) Q2 2024 Earnings Call Transcript
Seven Hills Realty Trust (NASDAQ:SEVN) Q2 2024 Earnings Conference Call July 30, 2024 11:00 AM ET Company Participants Stephen Colbert - Director of IR Tom Lorenzini - President & Chief Investment Of...
Seven Hills Realty Trust Announces Second Quarter 2024 Results
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and six months ended June 30, 2024, which can be found at the Quarterly Result...
Tremont Realty Capital Announces the Closing of a $27 Million Mortgage Loan to Refinance an Industrial Property in Wayne, PA
NEWTON, Mass.--(BUSINESS WIRE)--Tremont Realty Capital announced the closing of a $27M first mortgage loan to refinance 400 Devon Park Drive, an industrial property in Wayne, PA.
Tremont Realty Capital Announces the Closing of a $40 Million Mortgage Loan to Refinance a Hotel in Revere, MA
NEWTON, Mass.--(BUSINESS WIRE)--Tremont Realty Capital closed a $40 million mortgage loan to refinance SpringHill Suites by Marriott Boston Logan Airport Revere Beach hotel.
Seven Hills Realty Trust Closes $23.8 Million Mortgage Loan to Recapitalize a Self-Storage Property in Los Angeles
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $23.8 million first mortgage floating rate loan to recapitalize 2515 S Broadway, a newly constr...
Seven Hills Realty Trust Second Quarter 2024 Conference Call Scheduled for Tuesday, July 30th
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its second quarter 2024 financial results after the Nasdaq closes ...
Seven Hills Realty Trust to be Added to the Russell 3000® Index
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will be added to the broad-market Russell 3000® Index at the conclusion of the 2024 Russell U.S. Indexes...
Seven Hills Realty Trust to Present at Nareit's REITweek 2024 Investor Conference on Wednesday, June 5th
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that President and Chief Investment Officer Tom Lorenzini together with Chief Financial Officer and Treasurer Fe...
Seven Hills Realty Trust Appoints Jared Lewis as Vice President
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that Jared Lewis has been appointed as Vice President. Mr. Lewis is a Vice President of The RMR Group (Nasdaq: R...
