Seven Hills Realty Trust (SEVN)
NASDAQ:SEVN
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Earnings Data
Report Date
Aug 03, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.26Last Year’s EPS
0.31Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed predominantly positive operational and financial momentum: strong distributable earnings (at the high end of guidance), record loan commitments, improved origination margins (1.95%), conservative underwriting (66% LTV), robust liquidity (~$110M cash + ~$400M facility capacity), and a large replenishing pipeline. Offsetting items include a near-term earnings-per-share dilution from the December rights offering ($0.08 impact), a dividend not covered by this quarter's distributable earnings ($0.24 vs $0.28), and heightened macro and market volatility that has moderated transaction activity and placed pressure on multifamily spreads. Overall, management emphasized disciplined deployment, selective underwriting, and expectations that earnings will recover to cover the dividend as proceeds are invested.Company Guidance
Solid First Quarter Distributable Earnings
Distributable earnings of $5.3 million, or $0.24 per share, came in at the high end of guidance for the quarter.
Record Loan Commitments and Origination Activity
Reached a new high watermark of approximately $776 million in total outstanding loan commitments after originating three loans totaling $67.5 million in Q1; three additional loans in diligence totaling ~$78 million expected to close soon.
Strong Origination Margins
Originations in 2026 have been executed at a net interest margin of ~195 basis points (1.95%), the highest level in four years and ~35 basis points wider than last year's average; near-term new closings expected around ~180 bps depending on mix.
Attractive Portfolio Yields and Conservative LTVs
Weighted average all-in yield of 7.8% at quarter end and weighted average loan-to-value at origination of 66%, reflecting conservative underwriting.
Strong Credit Profile and Asset Performance
Portfolio weighted average risk rating of 2.8, no realized losses, all loans current on debt service, no five-rated loans, no collateral-dependent loans, and no loans with specific reserves.
Meaningful Repayments and Liquidity Enhancement
Collected $16.0 million repayment in-quarter and an additional $54.6 million post-quarter; expecting a $26.5 million payoff that will reduce office exposure to ~21% and increase available capital — cash on hand of ~$110 million and nearly $400 million of capacity under secured financing facilities.
Financing Facility Improvements
Extended UBS and Wells Fargo secured financing facilities to 2028 and doubled Wells Fargo capacity to $250 million, enhancing deployment flexibility.
Board-Declared Dividend and Yield
Board declared a regular quarterly dividend of $0.28 per share, equating to an annualized yield of approximately 14% based on the most recent closing price.
Robust Pipeline and Deployment Outlook
Pipeline activity averages about $1 billion with over $105 million of term sheets outstanding; company expects origination activity of $100 million to $300 million over the next two quarters and targets ~ $950 million total portfolio size by year-end.
Structural Rate Protections
Interest rate floors are active on seven loans, contributing ~$0.01 per share of earnings protection this quarter; most loans have floors between 25 bps and 4.34%.
SEVN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SEVN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $8.20 | $8.07 | -1.59% |
Feb 18, 2026 | $8.36 | $8.43 | +0.80% |
Oct 27, 2025 | $9.39 | $9.15 | -2.56% |
Jul 28, 2025 | $9.61 | $9.44 | -1.79% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Seven Hills Realty Trust (SEVN) report earnings?
Seven Hills Realty Trust (SEVN) is schdueled to report earning on Aug 03, 2026, After Close (Confirmed).
What is Seven Hills Realty Trust (SEVN) earnings time?
Seven Hills Realty Trust (SEVN) earnings time is at Aug 03, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SEVN EPS forecast?
SEVN EPS forecast for the fiscal quarter 2026 (Q2) is 0.26.