Seven Hills Realty Trust (NASDAQ:SEVN) Releases Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Seven Hills Realty Trust (NASDAQ:SEVN) issued its earnings results on Tuesday. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.02), Zacks reports. The business had revenue of $7.68 million for the quarter, compared to analyst estimates of $8.29 million.

Seven Hills Realty Trust Stock Performance

NASDAQ SEVN opened at $13.17 on Thursday. Seven Hills Realty Trust has a 12 month low of $11.83 and a 12 month high of $14.66. The company’s 50 day moving average is $13.07 and its two-hundred day moving average is $13.32.

Seven Hills Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Monday, January 27th will be given a dividend of $0.35 per share. The ex-dividend date is Monday, January 27th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 10.63%. Seven Hills Realty Trust’s payout ratio is currently 71.98%.

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.