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

Seven Hills Realty Trust (NASDAQ:SEVN) will announce its earnings results after the market closes on Monday, October 28th. Analysts expect the company to announce earnings of $0.30 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

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

Seven Hills Realty Trust Price Performance

NASDAQ:SEVN opened at $14.30 on Friday. The firm has a 50-day moving average of $13.86 and a two-hundred day moving average of $13.15. Seven Hills Realty Trust has a 1-year low of $10.15 and a 1-year high of $14.66.

Seven Hills Realty Trust Announces Dividend

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

Analysts Set New Price Targets

Separately, Janney Montgomery Scott began coverage on shares of Seven Hills Realty Trust in a research report on Friday, August 2nd. They issued a “buy” rating and a $15.00 price objective for the company.

Seven Hills Realty Trust Company Profile

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.