earnings
confidence medium
sentiment positive
materiality 0.65
Seven Hills Realty Trust Q4 distributable earnings above guidance; loan repayments top $100M
Seven Hills Realty Trust
2023-FY EPS reported
$1.76
revenue$38,235,000
- Distributable earnings exceeded the high end of Q4 guidance.
- Received over $100M in loan repayments during Q4, including two office loans.
- All loans current on debt service; weighted average risk rating of 3.
- Declared quarterly distribution of $0.35 per share, paid on Feb 15, 2024.
- President cites strong liquidity, ample borrowing capacity, and strong pipeline.