Seven Hills Realty Trust (SEVN) Set to Announce Earnings on Monday

Seven Hills Realty Trust (NASDAQ:SEVN) will release its earnings data after the market closes on Monday, October 28th. Analysts expect Seven Hills Realty Trust to post earnings of $0.30 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Seven Hills Realty Trust (NASDAQ:SEVN) last announced its quarterly earnings data on Monday, July 29th. The company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.05. The company had revenue of $9.38 million for the quarter.

Seven Hills Realty Trust Stock Performance

Shares of SEVN opened at $14.30 on Friday. The stock’s 50-day moving average price is $13.88 and its 200 day moving average price is $13.16. Seven Hills Realty Trust has a 12-month low of $10.15 and a 12-month high of $14.66.

Seven Hills Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 14th. Stockholders of record on Monday, October 28th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 9.79%. The ex-dividend date is Monday, October 28th. Seven Hills Realty Trust’s dividend payout ratio is presently 71.98%.

Analyst Ratings Changes

Separately, Janney Montgomery Scott assumed coverage on shares of Seven Hills Realty Trust in a research note on Friday, August 2nd. They set a “buy” rating and a $15.00 price target on the stock.

About Seven Hills Realty Trust

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.