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

Posted by Patrick Bannon on Apr 27th, 2024

Seven Hills Realty Trust (NASDAQ:SEVN – Get Free Report) will post its quarterly earnings results after the market closes on Monday, April 29th. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Seven Hills Realty Trust Stock Down 0.1 %

Shares of SEVN opened at $12.13 on Friday. The firm’s 50-day moving average price is $12.68 and its 200-day moving average price is $12.26. Seven Hills Realty Trust has a 1-year low of $9.01 and a 1-year high of $14.08.

Seven Hills Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 16th. Investors of record on Monday, April 22nd will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 11.54%. The ex-dividend date is Friday, April 19th. Seven Hills Realty Trust’s payout ratio is currently 119.96%.

Analyst Ratings Changes

SEVN has been the topic of several research reports. Jonestrading reissued a “buy” rating and set a $15.00 price objective on shares of Seven Hills Realty Trust in a research note on Thursday, February 22nd. JMP Securities lifted their target price on shares of Seven Hills Realty Trust from $12.50 to $13.50 and gave the stock a “market outperform” rating in a report on Wednesday, February 21st.

Read Our Latest Analysis on Seven Hills Realty Trust

About Seven Hills Realty Trust

(Get Free Report)

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.