RMR Mortgage Trust, a real estate finance company, 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. The company was formerly known as RMR Real Estate Income Fund. RMR Mortgage Trust was founded in 2008 and is headquartered in Newton, Massachusetts.
IPO Year:
Exchange: NASDAQ
Website: rmrmortgagetrust.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/2/2024 | $15.00 | Buy | Janney |
| 6/29/2022 | $13.50 | Mkt Perform → Mkt Outperform | JMP Securities |
4 - Seven Hills Realty Trust (0001452477) (Issuer)
4 - Seven Hills Realty Trust (0001452477) (Issuer)
4 - Seven Hills Realty Trust (0001452477) (Issuer)
4 - Seven Hills Realty Trust (0001452477) (Issuer)
4 - Seven Hills Realty Trust (0001452477) (Issuer)
4 - Seven Hills Realty Trust (0001452477) (Issuer)
4 - Seven Hills Realty Trust (0001452477) (Issuer)
4 - Seven Hills Realty Trust (0001452477) (Issuer)
4 - Seven Hills Realty Trust (0001452477) (Issuer)
4 - Seven Hills Realty Trust (0001452477) (Issuer)
10-Q - Seven Hills Realty Trust (0001452477) (Filer)
8-K - Seven Hills Realty Trust (0001452477) (Filer)
8-K - Seven Hills Realty Trust (0001452477) (Filer)
10-Q - Seven Hills Realty Trust (0001452477) (Filer)
8-K - Seven Hills Realty Trust (0001452477) (Filer)
8-K - Seven Hills Realty Trust (0001452477) (Filer)
10-Q - Seven Hills Realty Trust (0001452477) (Filer)
8-K - Seven Hills Realty Trust (0001452477) (Filer)
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Janney initiated coverage of Seven Hills Realty Trust with a rating of Buy and set a new price target of $15.00
JMP Securities upgraded Seven Hills Realty Trust from Mkt Perform to Mkt Outperform and set a new price target of $13.50
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Seven Hills Realty Trust (NASDAQ:SEVN) today announced that Jared Lewis has been appointed as Vice President. Mr. Lewis is a Vice President of The RMR Group (NASDAQ:RMR) where he leads a team in screening, sizing and underwriting new commercial real estate mortgage loans. He is also a Vice President of Tremont Realty Capital. Mr. Lewis joined Tremont's predecessor business in 2002, and throughout his career has been involved in the structuring of over $3.4 billion worth of debt and equity investments. About Seven Hills Realty Trust Seven Hills Realty Trust (NASDAQ:SEVN) is a real estate finance company focused on originating and investing in first mortgage loans secured by middle mark
Seven Hills Realty Trust (NASDAQ:SEVN) today announced the appointment of Fernando Diaz, CFA, as Chief Financial Officer and Treasurer, effective October 1, 2023. Mr. Diaz joined The RMR Group (NASDAQ:RMR) in 2007 and currently serves as a Vice President, responsible for credit risk and business analytics. Mr. Diaz has over 15 years of experience as a securities analyst and portfolio manager. Prior to the Trust's deregistration as an investment company, which was effective on January 5, 2021, he served as president and senior portfolio manager of the Trust from 2015 to January 2021 and as a vice president and portfolio manager of the Trust from 2007 to 2015. Prior to joining RMR in 2007,
Seven Hills Realty Trust (NASDAQ:SEVN) today announced that Tiffany Sy has been appointed as Chief Financial Officer and Treasurer, effective October 1, 2022. Ms. Sy joined The RMR Group (NASDAQ:RMR) in 2020 as a Senior Director, Accounting, and is responsible for various aspects of the accounting function supporting RMR and its clients, including SEVN. Ms. Sy has been promoted to a Vice President of RMR and has also been appointed Chief Financial Officer and Treasurer of Tremont Realty Capital, both effective October 1, 2022. Prior to joining RMR, Ms. Sy held various accounting leadership positions at Five Star Senior Living and Bank Rhode Island. Ms. Sy also practiced public accounting
Elects Matt Jordan as Managing Trustee Industrial Logistics Properties Trust (NASDAQ:ILPT) announced the results of its 2022 Annual Meeting of Shareholders which was held today. Lisa Harris Jones was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders' votes cast for this Trustee is as follows: Independent Trustee Percentage of Shares Voted – For Lisa Harris Jones 69.2% Joseph L. Morea was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders' votes cast for this Trustee is as follows: Independent Trustee Percentage of Shares Voted – For Joseph L. Morea 63.5% Kevin C. Ph
Seven Hills Realty Trust (NASDAQ:SEVN) announced the results of its 2022 Annual Meeting of Shareholders which was held today. Barbara D. Gilmore was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders' votes cast for this Trustee is as follows: Trustee Percentage of Shares Voted – For Barbara D. Gilmore 80.3% Joseph L. Morea was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders' votes cast for this Trustee is as follows: Trustee Percentage of Shares Voted – For Joseph L. Morea 94.4% Shareholders ratified the appointment of Deloitte & Touche LLP as SEVN
Seven Hills Realty Trust (NASDAQ:SEVN) today announced financial results for the quarter and nine months ended September 30, 2024, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241028136064/en/ A conference call to discuss SEVN's third quarter 2024 results will be held on Tuesday, October 29, 2024 at 11:00 a.m. Eastern Time. The conference call telephone number is (866) 739-7850. Participants calling from outside the United States and Canada should dial (412) 317-6592. No pass code is necess
Seven Hills Realty Trust (NASDAQ:SEVN) today announced a regular cash distribution on its common shares of $0.35 per share ($1.40 per share per year). The distribution declared today will be paid to SEVN's common shareholders of record as of the close of business on October 28, 2024 and distributed on or about November 14, 2024. About Seven Hills Realty Trust Seven Hills Realty Trust (NASDAQ:SEVN) is a real estate finance company focused on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate. SEVN is managed by Tremont Realty Capital, an affiliate of The RMR Group (NASDAQ:RMR), a leading U.S. alternative asset management compa
Seven Hills Realty Trust (NASDAQ:SEVN) today announced that it will issue a press release containing its third quarter 2024 financial results after the Nasdaq closes on Monday, October 28, 2024. On Tuesday, October 29, 2024 at 11:00 a.m. Eastern Time, President and Chief Investment Officer Tom Lorenzini, Chief Financial Officer and Treasurer Fernando Diaz and Vice President Jared Lewis will host a conference call to discuss these results. The conference call telephone number is (866) 739-7850. Participants calling from outside the United States and Canada should dial (412) 317-6592. No pass code is necessary to access the call from either number. Participants should dial in about 15 minute
Seven Hills Realty Trust (NASDAQ:SEVN) today announced financial results for the quarter and six months ended June 30, 2024, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240729190465/en/ A conference call to discuss SEVN's second quarter 2024 results will be held on Tuesday, July 30, 2024 at 11:00 a.m. Eastern Time. The conference call telephone number is (866) 739-7850. Participants calling from outside the United States and Canada should dial (412) 317-6592. No pass code is necessary to
Seven Hills Realty Trust (NASDAQ:SEVN) today announced a regular cash distribution on its common shares of $0.35 per share ($1.40 per share per year). The distribution declared today will be paid to SEVN's common shareholders of record as of the close of business on July 22, 2024 and distributed on or about August 15, 2024. About Seven Hills Realty Trust Seven Hills Realty Trust (NASDAQ:SEVN) is a real estate finance company focused on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate. SEVN is managed by Tremont Realty Capital, an affiliate of The RMR Group (NASDAQ:RMR), a leading U.S. alternative asset management company
Seven Hills Realty Trust (NASDAQ:SEVN) today announced that it will issue a press release containing its second quarter 2024 financial results after the Nasdaq closes on Monday, July 29, 2024. On Tuesday, July 30, 2024 at 11:00 a.m. Eastern Time, President and Chief Investment Officer Tom Lorenzini, Chief Financial Officer and Treasurer Fernando Diaz and Vice President Jared Lewis will host a conference call to discuss these results. The conference call telephone number is (866) 739-7850. Participants calling from outside the United States and Canada should dial (412) 317-6592. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes pr
Effective After Market Close on June 28, 2024 Seven Hills Realty Trust (NASDAQ:SEVN) today announced that it will be added to the broad-market Russell 3000® Index at the conclusion of the 2024 Russell U.S. Indexes annual reconstitution, effective after market close of the U.S. equity markets on Friday, June 28, 2024, according to a preliminary list of additions posted by FTSE Russell on June 21, 2024. About the Russell U.S. Indexes The annual Russell U.S. Indexes reconstitution captures the 4,000 largest U.S. stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000® Index, which remains in place for one year, means auto
Seven Hills Realty Trust (NASDAQ:SEVN) today announced financial results for the quarter ended March 31, 2024, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240429654843/en/ A conference call to discuss SEVN's first quarter 2024 results will be held on Tuesday, April 30, 2024 at 11:00 a.m. Eastern Time. The conference call telephone number is (866) 739-7850. Participants calling from outside the United States and Canada should dial (412) 317-6592. No pass code is necessary to access the cal
Seven Hills Realty Trust (NASDAQ:SEVN) today announced a regular cash distribution on its common shares of $0.35 per share ($1.40 per share per year). The distribution declared today will be paid to SEVN's common shareholders of record as of the close of business on April 22, 2024 and distributed on or about May 16, 2024. About Seven Hills Realty Trust Seven Hills Realty Trust (NASDAQ:SEVN) is a real estate finance company focused on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate. SEVN is managed by Tremont Realty Capital, an affiliate of The RMR Group (NASDAQ:RMR), a leading U.S. alternative asset management company wi
Seven Hills Realty Trust (NASDAQ:SEVN) today announced that it will issue a press release containing its first quarter 2024 financial results after the Nasdaq closes on Monday, April 29, 2024. On Tuesday, April 30, 2024 at 11:00 a.m. Eastern Time, President and Chief Investment Officer Tom Lorenzini and Chief Financial Officer and Treasurer Fernando Diaz will host a conference call to discuss these results. The conference call telephone number is (866) 739-7850. Participants calling from outside the United States and Canada should dial (412) 317-6592. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the scheduled start
Seven Hills Realty Trust (NASDAQ:SEVN) today announced financial results for the quarter and nine months ended September 30, 2024, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241028136064/en/ A conference call to discuss SEVN's third quarter 2024 results will be held on Tuesday, October 29, 2024 at 11:00 a.m. Eastern Time. The conference call telephone number is (866) 739-7850. Participants calling from outside the United States and Canada should dial (412) 317-6592. No pass code is necess
Seven Hills Realty Trust (NASDAQ:SEVN) today announced a regular cash distribution on its common shares of $0.35 per share ($1.40 per share per year). The distribution declared today will be paid to SEVN's common shareholders of record as of the close of business on October 28, 2024 and distributed on or about November 14, 2024. About Seven Hills Realty Trust Seven Hills Realty Trust (NASDAQ:SEVN) is a real estate finance company focused on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate. SEVN is managed by Tremont Realty Capital, an affiliate of The RMR Group (NASDAQ:RMR), a leading U.S. alternative asset management compa
Seven Hills Realty Trust (NASDAQ:SEVN) today announced that it will issue a press release containing its third quarter 2024 financial results after the Nasdaq closes on Monday, October 28, 2024. On Tuesday, October 29, 2024 at 11:00 a.m. Eastern Time, President and Chief Investment Officer Tom Lorenzini, Chief Financial Officer and Treasurer Fernando Diaz and Vice President Jared Lewis will host a conference call to discuss these results. The conference call telephone number is (866) 739-7850. Participants calling from outside the United States and Canada should dial (412) 317-6592. No pass code is necessary to access the call from either number. Participants should dial in about 15 minute
Seven Hills Realty Trust (NASDAQ:SEVN) today announced the closing of a $16.0 million first mortgage floating rate bridge loan secured by the Home2 Suites by Hilton Lake Mary Orlando, a recently constructed 123-room extended-stay hotel located at 582 New Technology Blvd in Lake Mary, Florida. The loan has a three-year initial term with two one-year extension options, subject to the borrower meeting certain requirements. SEVN's manager, Tremont Realty Capital, was introduced to the transaction by Highgate, a New York City based sponsor and a repeat borrower of SEVN. Tom Lorenzini, President and Chief Investment Officer of SEVN, made the following statement: "This transaction exemplifies S
Seven Hills Realty Trust (NASDAQ:SEVN) today announced financial results for the quarter and six months ended June 30, 2024, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240729190465/en/ A conference call to discuss SEVN's second quarter 2024 results will be held on Tuesday, July 30, 2024 at 11:00 a.m. Eastern Time. The conference call telephone number is (866) 739-7850. Participants calling from outside the United States and Canada should dial (412) 317-6592. No pass code is necessary to
Tremont Realty Capital today announced the closing of a $27 million first mortgage loan to refinance 400 Devon Park Drive, a 138,065 square foot industrial property located at 400 Devon Park Drive in Wayne, Pennsylvania, an affluent Philadelphia submarket. The loan has a three-year initial term with two one-year extension options, subject to the borrower meeting certain requirements. Tremont Realty Capital was introduced to the transaction by JLL, which advised the joint venture sponsorship of Mainstreet Capital Partners, Inc. and Contrarian Capital Management, LLC. Funding for the loan was provided by The RMR Group (NASDAQ:RMR). Tom Lorenzini, Senior Vice President of Tremont Realty Ca
Seven Hills Realty Trust (NASDAQ:SEVN) today announced a regular cash distribution on its common shares of $0.35 per share ($1.40 per share per year). The distribution declared today will be paid to SEVN's common shareholders of record as of the close of business on July 22, 2024 and distributed on or about August 15, 2024. About Seven Hills Realty Trust Seven Hills Realty Trust (NASDAQ:SEVN) is a real estate finance company focused on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate. SEVN is managed by Tremont Realty Capital, an affiliate of The RMR Group (NASDAQ:RMR), a leading U.S. alternative asset management company
Tremont Realty Capital today announced the closing of a $40 million first mortgage loan to refinance the SpringHill Suites by Marriott Boston Logan Airport Revere Beach hotel. Located at 400 Ocean Avenue in Revere, Massachusetts, the recently developed hotel is comprised of 168 rooms and is located near the Massachusetts Bay Transportation Authority (MBTA) Wonderland Station, providing parking and easy access to downtown Boston. The loan has a two-year initial term with three one-year extension options, subject to the borrower meeting certain requirements. Tremont Realty Capital was introduced to the transaction by HREC Investment Advisors. Funding for the loan was provided by The RMR Gro
Seven Hills Realty Trust (NASDAQ:SEVN) today announced that it will issue a press release containing its second quarter 2024 financial results after the Nasdaq closes on Monday, July 29, 2024. On Tuesday, July 30, 2024 at 11:00 a.m. Eastern Time, President and Chief Investment Officer Tom Lorenzini, Chief Financial Officer and Treasurer Fernando Diaz and Vice President Jared Lewis will host a conference call to discuss these results. The conference call telephone number is (866) 739-7850. Participants calling from outside the United States and Canada should dial (412) 317-6592. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes pr
Seven Hills Realty Trust (NASDAQ:SEVN) today announced the closing of a $23.8 million first mortgage floating rate loan to recapitalize 2515 S Broadway, a newly constructed, Extra Space Storage branded 80,000 square foot self-storage facility located in Los Angeles, CA. The loan has a three-year initial term with two one-year extension options, subject to the borrower meeting certain requirements. SEVN's manager, Tremont Realty Capital, was introduced to the transaction by JLL, which advised Staley Point Capital, the Los Angeles based sponsor. Tom Lorenzini, President and Chief Investment Officer of SEVN, made the following statement: "The closing of the 2515 S Broadway loan further g
JMP Securities analyst Chris Muller maintains Seven Hills Realty Trust (NASDAQ:SEVN) with a Market Outperform and raises the price target from $13.5 to $14.
JonesTrading analyst Jason Weaver reiterates Seven Hills Realty Trust (NASDAQ:SEVN) with a Buy and maintains $15 price target.
Seven Hills Realty Trust (NASDAQ:SEVN) reported quarterly earnings of $0.38 per share which beat the analyst consensus estimate of $0.36 by 5.56 percent. This is a 2.56 percent decrease over earnings of $0.39 per share from the same period last year. The company reported quarterly sales of $9.362 million which beat the analyst consensus estimate of $9.101 million by 2.86 percent. This is a 0.16 percent increase over sales of $9.347 million the same period last year.
What Defines a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Benzinga Insights has compiled a list of value stocks in the real estate sector that may be worth watching: Seven Hills Realty Trust (NASDAQ:SEVN) - P/E: 7.08 Comstock Holding Co (NASDAQ:CHCI) - P/E: 6.63 PennyMac Mortgage IT (NYSE:PMT) - P/E: 8.76 Presidio Property Trust (NASDAQ:SQFT) - P/E: 0.72 Urban Edge Props (NYSE:UE) - P/E: 8.11 Most recently, Seven Hills Realty Trust reported earnings per share at
JonesTrading analyst Jason Weaver reiterates Seven Hills Realty Trust (NASDAQ:SEVN) with a Buy and maintains $15 price target.
JMP Securities analyst Chris Muller maintains Seven Hills Realty Trust (NASDAQ:SEVN) with a Market Outperform and raises the price target from $12.5 to $13.5.
Seven Hills Realty Trust (NASDAQ:SEVN) reported its Q4 earnings results on Tuesday, February 20, 2024 at 04:15 PM. Here's what investors need to know about the announcement. Earnings Seven Hills Realty Trust beat estimated earnings by 13.16%, reporting an EPS of $0.43 versus an estimate of $0.38. Revenue was up $712 thousand from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.0 which was followed by a 1.15% increase in the share price the next day. Here's a look at Seven Hills Realty Trust's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.36 0.34 0.33 0.27 EPS Actual 0.36 0.37 0.39 0.37 Revenue Estimate 9.
Seven Hills Realty Trust (NASDAQ:SEVN) reported quarterly earnings of $0.43 per share which beat the analyst consensus estimate of $0.38 by 13.16 percent. The company reported quarterly sales of $10.00 million which beat the analyst consensus estimate of $9.33 million by 7.22 percent. This is a 7.67 percent increase over sales of $9.29 million the same period last year.
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