Seven Hills Realty Trust (SEVN)

NASDAQ: SEVN · IEX Real-Time Price · USD
12.56
+0.05 (0.40%)
Mar 1, 2024, 4:30 PM EST - Market closed
0.40%
Market Cap 186.02M
Revenue (ttm) 34.51M
Net Income (ttm) 25.75M
Shares Out 14.81M
EPS (ttm) 1.76
PE Ratio 7.14
Forward PE 8.46
Dividend $1.40 (11.15%)
Ex-Dividend Date Jan 19, 2024
Volume 37,748
Open 12.56
Previous Close 12.51
Day's Range 12.45 - 12.70
52-Week Range 9.01 - 14.08
Beta 0.55
Analysts Strong Buy
Price Target 14.50 (+15.45%)
Earnings Date Feb 20, 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]

Industry REIT - Mortgage
Sector Real Estate
Founded 1986
Country United States
Stock Exchange NASDAQ
Ticker Symbol SEVN
Full Company Profile

Financial Performance

In 2023, SEVN's revenue was $32.96 million, a decrease of -3.34% compared to the previous year's $34.10 million. Earnings were $25.75 million, a decrease of -6.20%.

Financial Statements

Analyst 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 15.45% from the latest price.

Price Target
$14.5
(15.45% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Seven Hills Realty Trust Announces Fourth Quarter 2023 Results

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and year ended December 31, 2023, which can be found at the Quarterly Results ...

12 days ago - Business Wire

Seven Hills Realty Trust Fourth Quarter 2023 Conference Call Scheduled for Wednesday, February 21st

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its fourth quarter 2023 financial results after the Nasdaq closes ...

5 weeks ago - Business Wire

Seven Hills Realty Trust Announces 2023 Dividend Allocations

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that the characterization of dividends for 2023 income tax reporting is as follows: SEVN Common Shares Dividend ...

6 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

Seven Hills Realty Trust Closes $29.0 Million Bridge Loan to Refinance a Hospitality Property in Anaheim, California

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $29.0 million first mortgage floating rate bridge loan secured by the SunCoast Park Hotel Anahe...

3 months ago - Business Wire

Seven Hills Realty Trust Announces Third Quarter 2023 Results

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and nine months ended September 30, 2023, which can be found at the Quarterly ...

4 months ago - Business Wire

Seven Hills Realty Trust Closes $25.3 Million Bridge Loan to Refinance Two Self-Storage Facilities in Georgia

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $25.3 million first mortgage floating rate bridge loan to refinance two Life Storage branded se...

5 months ago - Business Wire

Seven Hills Realty Trust Third Quarter 2023 Conference Call Scheduled for Wednesday, November 1st

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its third quarter 2023 financial results after the Nasdaq closes o...

5 months ago - Business Wire

Seven Hills Realty Trust Closes $17.3 Million Bridge Loan to Recapitalize a New Hotel in Scottsdale, Arizona

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $17.3 million first mortgage floating rate bridge loan to recapitalize a recently constructed 1...

5 months ago - Business Wire

Seven Hills Realty Trust Appoints Fernando Diaz Chief Financial Officer and Treasurer

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the appointment of Fernando Diaz, CFA, as Chief Financial Officer and Treasurer, effective October 1, 2023. Mr. ...

Other symbols: RMR
5 months ago - Business Wire

Seven Hills Realty Trust Announces Second Quarter 2023 Results

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and six months ended June 30, 2023, which can be found at the Quarterly Result...

7 months ago - Business Wire

Seven Hills Realty Trust Closes $27.5 Million Bridge Loan to Finance the Acquisition of an Industrial Property in South Carolina

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $27.5 million first mortgage floating rate bridge loan to finance the acquisition of Woodfield ...

8 months ago - Business Wire

Seven Hills Realty Trust Second Quarter 2023 Conference Call Scheduled for Tuesday, August 1st

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its second quarter 2023 financial results after the Nasdaq closes ...

8 months ago - Business Wire

Seven Hills Realty Trust to Present at Nareit's REITweek 2023 Investor Conference on Wednesday, June 7th

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that President and Chief Investment Officer Tom Lorenzini and Chief Financial Officer and Treasurer Tiffany Sy w...

9 months ago - Business Wire

Seven Hills Realty Trust Closes $37.5 Million Bridge Loan to Refinance a Student Housing Property at Auburn University

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $37.5 million first mortgage bridge loan to refinance The Union at Auburn, a 501-bed Class A st...

10 months ago - Business Wire

Seven Hills Realty Trust Announces First Quarter 2023 Results

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter ended March 31, 2023, which can be found at the Quarterly Results section of S...

11 months ago - Business Wire

Seven Hills Realty Trust First Quarter 2023 Conference Call Scheduled for Tuesday, April 25th

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its first quarter 2023 financial results after the Nasdaq closes o...

11 months ago - Business Wire

Seven Hills Realty Trust Announces Fourth Quarter 2022 Results

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and year ended December 31, 2022. Tom Lorenzini, President of SEVN, made the f...

1 year ago - Business Wire

Seven Hills Realty Trust Announces 2022 Dividend Allocations

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that the characterization of dividends for 2022 income tax reporting is as follows:

1 year ago - Business Wire

Seven Hills Realty Trust Fourth Quarter 2022 Conference Call Scheduled for Tuesday, February 14th

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its fourth quarter 2022 financial results after the Nasdaq close...

1 year ago - Business Wire

Seven Hills Realty Trust Raises Quarterly Dividend on Common Shares by 40% to $0.35 Per Share or $1.40 Per Share Per Year

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced it has raised its quarterly cash distribution on its common shares by $0.10 per share, or 40%, to $0.35 per sh...

1 year ago - Business Wire

Seven Hills Realty Trust Closes $24.4 Million Bridge Loan to Finance the Acquisition of an Industrial Property in Fontana, California

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $24.4 million first mortgage floating-rate bridge loan to finance the acquisition of an 83,00...

1 year ago - Business Wire

Seven Hills Realty Trust Announces Third Quarter 2022 Results

NEWTON, Mass.

1 year ago - Business Wire

Seven Hills Realty Trust Third Quarter 2022 Conference Call Scheduled for Thursday, October 27th

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN), today announced that it will issue a press release containing its third quarter 2022 financial results after the Nasdaq closes ...

1 year ago - Business Wire

Seven Hills Realty Trust Appoints Tiffany Sy as Chief Financial Officer and Treasurer

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that Tiffany Sy has been appointed as Chief Financial Officer and Treasurer, effective October 1, 2022. Ms. Sy j...

Other symbols: RMR
1 year ago - Business Wire