earnings
confidence high
sentiment positive
materiality 0.75
SEVN Q4 2022 net income $0.46/share, up 31% sequentially; distribution raised 40% to $0.35
Seven Hills Realty Trust
2022-FY EPS reported
$1.89
revenue$38,362,000
- Net income of $6.8M ($0.46 per share), up 31% from Q3; adjusted distributable earnings $0.37 per share, up 37%.
- Quarterly distribution increased 40% to $0.35 per share; payable Feb 16, 2023 to holders of record Jan 23, 2023.
- Loan commitments $727.6M across 27 loans; weighted average coupon 8.07%, all-in yield 8.57%; LTV 68%.
- Originated $24.4M industrial loan in Fontana, CA; received $53.7M in repayments including two early payoffs.