Seven Hills Realty Trust is a US-listed company in the mortgage REITs industry. Its financial year ends in December.
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
Revenue for the twelve months to September 2026 was $32m, up 7.7% on a year earlier, against a decline of 2.1% a quarter earlier. The diluted share count is up 41.9% on a year earlier, which dilutes existing holders.
Our model value for Seven Hills Realty Trust is under review, so past values are not shown until it is resolved.
Source: 10-Q filed October 28, 2026 on SEC EDGAR · Financials · Valuation
Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.
Seven Hills Realty Trust's trailing-twelve-month revenue grew 7.7% year on year, with a free-cash-flow margin of 54.0%. Where it stands out: change in growth rate of +9.8pp ranks 2 of 14 mortgage reits companies we cover. Where it lags: change in share count of 41.9% ranks 14 of 14 mortgage reits companies we cover.
Current signal Revenue growth accelerating: TTM revenue growth rose to 7.7% (+9.8pp vs the prior quarter).
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
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Third-party market data · may be delayed
Company announcements, filed results and changes that matter to shareholders.
No model value for Seven Hills Realty Trust at the moment. Current status: valuation models disagree too widely to rate. Available reported financials are shown below.
The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.
We value Seven Hills Realty Trust as a mortgage reit, with every model that fits that kind of business. Cost of equity 8.4%: the 10-year Treasury yield (4.9%) plus a beta of 0.78 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | ~$15 ~$11–$20 | Primary model, counts double |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | ~$15 ~$13–$18 | Included |
| Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. | ~$5.2 ~$3.9–$9.5 | Included |
| Dividend discount (growing dividend) Today's dividend growing 2.5% a year, discounted at the cost of equity. | ~$18 ~$15–$21 | Included |
| Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. | — | Combined value withheld. Review the individual models and their assumptions. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Seven Hills Realty Trust with mortgage REITs in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | $0.96 | −21% | $34m | +15% |
| Next | $1.15 | +20% | $39m | +15% |
Next year's EPS estimate has moved −0.9% in 90 days, across 4 analysts.
The consensus EPS forecast for the current fiscal year is −5.9% on 90 days ago. In the last 30 days, 0 analysts raised Seven Hills Realty Trust's forecast and 1 cut it.
Average of analysts' published estimates (third-party data).
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | $1.02 | $1.16 |
| 60 days ago | $1.01 | $1.16 |
| 30 days ago | $1.01 | $1.15 |
| 7 days ago | $1.01 | $1.16 |
| Now | $0.96 | $1.15 |
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Sept 2026 | $0.26 | $0.36 | +41.2% |
| Jun 2026 | $0.25 | $0.23 | −8.9% |
| Mar 2026 | $0.23 | $0.24 | +2.9% |
| Dec 2025 | $0.27 | $0.28 | +2.4% |
Adjusted EPS as companies report it, against the average analyst estimate.
Last 12 months −19.5%
| Part | Then | Now | Effect |
|---|---|---|---|
| Revenue (last 12 months) | $32m | $31m | −2.1% |
| Net margin | 49.4% | 38.0% | −23.0% |
| P/E multiple | 7.8x | 10.7x | +37.9% |
| Share count | 15m | 19m | −22.6% |
Biggest factor: p/e multiple.
Last 3 years −11.4%
| Part | Then | Now | Effect |
|---|---|---|---|
| Revenue (last 12 months) | $36m | $31m | −13.1% |
| Net margin | 68.6% | 38.0% | −44.6% |
| P/E multiple | 4.5x | 10.7x | +140.4% |
| Share count | 15m | 19m | −23.5% |
Biggest factor: p/e multiple.
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| SEVN | +2% | −4% | +62% | +12% | −24% | −14% |
| Industry peers (median) | +26% | −22% | +17% | +3% | +6% | −21% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| SEVN | 42% | 58% | 75% | 58% | 33% | 36% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| SEVN | −18% | −21% | −16% | −16% | −32% | −27% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since October 29, 2015: 68% from February 21, 2020 to March 23, 2020. Getting back needed a 214% gain, and the shares have not yet recovered.
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| October 28, 2026 | +5.8% | 0.0% | — | — |
| July 28, 2026 | −4.3% | −1.3% | −4.4% | −4.7% |
| April 28, 2026 | −0.9% | −0.5% | +3.2% | +5.9% |
| February 18, 2026 | −0.2% | +0.2% | +1.3% | −5.0% |
| October 27, 2025 | −6.9% | +1.4% | −11.0% | −17.2% |
| July 28, 2025 | −2.2% | −0.3% | −4.3% | +1.1% |
| April 28, 2025 | +6.3% | +0.7% | +4.3% | +5.0% |
| February 18, 2025 | +0.1% | +0.5% | −1.8% | −3.2% |
| October 28, 2024 | −10.8% | +0.5% | −12.0% | −4.7% |
| July 29, 2024 | +0.1% | −0.4% | −7.8% | +2.7% |
| April 29, 2024 | +3.5% | −1.2% | +6.4% | +1.2% |
| February 20, 2024 | +6.1% | −0.5% | +2.0% | +5.6% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Revenue (TTM) |
|---|---|
| FY23 Q4 | $38.2M |
| FY24 Q1 | $38.3M |
| FY24 Q2 | $38.5M |
| FY24 Q3 | $37.6M |
| FY24 Q4 | $35.3M |
| FY25 Q1 | $33.5M |
| FY25 Q2 | $31.5M |
| FY25 Q3 | $29.8M |
| FY25 Q4 | $29.4M |
| FY26 Q1 | $30.1M |
| FY26 Q2 | $30.9M |
| FY26 Q3 | $32M |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Revenue growth, TTM YoY |
|---|---|
| FY24 Q1 | 12.7% |
| FY24 Q2 | 8.5% |
| FY24 Q3 | 0.2% |
| FY24 Q4 | -7.7% |
| FY25 Q1 | -12.4% |
| FY25 Q2 | -18.2% |
| FY25 Q3 | -20.9% |
| FY25 Q4 | -16.7% |
| FY26 Q1 | -10.1% |
| FY26 Q2 | -2.1% |
| FY26 Q3 | 7.7% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | FCF margin (TTM) |
|---|---|
| FY23 Q4 | 51.4% |
| FY24 Q1 | 45.6% |
| FY24 Q2 | 42.4% |
| FY24 Q3 | 54.0% |
| FY24 Q4 | 53.4% |
| FY25 Q1 | 53.3% |
| FY25 Q2 | 59.1% |
| FY25 Q3 | 48.8% |
| FY25 Q4 | 47.4% |
| FY26 Q1 | 50.7% |
| FY26 Q2 | 48.0% |
| FY26 Q3 | 54.0% |
| Fiscal year | 2022 Dec 2022 | 2023 Dec 2023 | 2024 Dec 2024 | 2025 Dec 2025 | LTM Sept 2026 |
|---|---|---|---|---|---|
| Income | |||||
| Revenue | 38 | 38 | 35 | 29 | 32 |
| Net income | 28 | 26 | 18 | 15 | 16 |
| Diluted EPS | $1.89 | $1.76 | $1.20 | $1.00 | $0.78 |
| Growth (year on year) | |||||
| Revenue | — | −0.3% | −7.7% | −16.7% | +7.7% |
| Net income | — | −6.1% | −31.4% | −13.4% | +5.4% |
| Diluted EPS | — | −6.9% | −31.8% | −16.7% | −25.7% |
| Margins | |||||
| Net margin | 72.1% | 67.9% | 50.5% | 52.5% | 51.1% |
| Cash flow | |||||
| Cash from operations | 13 | 20 | 20 | 15 | 18 |
| Stock-based pay | 1 | 1 | 1 | 2 | 2 |
| Balance sheet | |||||
| Cash | 71 | 88 | 71 | 123 | 51 |
| Total debt | 0 | 0 | 0 | 0 | 0 |
| Net debt (negative = net cash) | −71 | −88 | −71 | −123 | −51 |
| Diluted shares | 15m | 15m | 15m | 15m | 21m |
| Returned to shareholders | |||||
| Dividends | 15 | 21 | 21 | 19 | 23 |
| Buybacks | 0 | 0 | 0 | 0 | 0 |
| Total returned | 15 | 21 | 21 | 19 | 24 |
| Quarter | 2024 Q4 Dec 2024 | 2025 Q1 Mar 2025 | 2025 Q2 Jun 2025 | 2025 Q3 Sept 2025 | 2025 Q4 Dec 2025 | 2026 Q1 Mar 2026 | 2026 Q2 Jun 2026 | 2026 Q3 Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Revenue | 7,675 | 7,594 | 7,393 | 7,092 | 7,304 | 8,339 | 8,125 | 8,271 |
| Net income | 4,879 | 4,532 | 2,678 | 3,430 | 4,794 | 4,385 | −867 | 8,052 |
| Diluted EPS | $0.33 | $0.30 | $0.18 | $0.23 | $0.29 | $0.19 | −$0.04 | $0.36 |
| Growth (year on year) | ||||||||
| Revenue | −23.3% | −18.9% | −21.2% | −19.9% | −4.8% | +9.8% | +9.9% | +16.6% |
| Net income | −19.3% | −13.4% | −36.7% | −1.4% | −1.7% | −3.2% | −132.4% | +134.8% |
| Diluted EPS | −19.5% | −14.3% | −35.7% | 0.0% | −12.1% | −36.7% | −122.2% | +56.5% |
| Margins | ||||||||
| Net margin | 63.6% | 59.7% | 36.2% | 48.4% | 65.6% | 52.6% | −10.7% | 97.4% |
| Cash flow | ||||||||
| Cash from operations | 3,841 | 3,686 | 4,977 | 3,165 | 3,210 | 5,022 | 4,487 | 5,654 |
| Stock-based pay | 159 | 356 | 677 | 487 | 216 | 207 | 891 | 585 |
| Last 12 months unless stated | SEVN | CHMI | SUNS | TPTS | ACRE | ACR | Median |
|---|---|---|---|---|---|---|---|
| Revenue, last 12 months | $32m | $31m | $24m | $22m | $55m | $80m | $142m |
| Revenue growth, last 12 months | 7.7% | 1.8% | 44.3% | −50.3% | −10.6% | −3.4% | −2.4% |
| Revenue growth, 3-year average | −5.1% | — | — | −30.3% | −20.4% | −3.5% | −5.1% |
| Revenue growth, latest quarter | 16.6% | −23.5% | 2.6% | −46.8% | 14.3% | −4.1% | 0.9% |
| Net margin | 51.1% | 2.6% | 53.3% | −164.0% | −8.0% | 26.3% | 11.4% |
| Cash from operations / revenue | 57.3% | 138.3% | −2.7% | −5.4% | 27.9% | 4.1% | 27.9% |
| Free-cash-flow margin | 54.0% | — | — | −17.9% | 18.0% | 4.1% | 24.1% |
| Free-cash-flow margin, 3-year average | 52.3% | — | — | −16.9% | 35.0% | 20.1% | 35.0% |
| Stock pay / revenue | 5.9% | 0.5% | 4.9% | — | 6.7% | 2.2% | 4.3% |
| Change in share count | 41.9% | 10.7% | 40.1% | 0.0% | 0.5% | −7.0% | 0.5% |
| Measure | Company | Peer median | Rank |
|---|---|---|---|
| Revenue growth Growth | 7.7% | -2.4% | 4 of 14 |
| Change in growth rate Growth | +9.8pp | +2.3pp | 2 of 14 |
| Net margin Profitability | 51.1% | 11.4% | 4 of 14 |
| Stock pay as % of revenue Cash generation | 5.9% | 5.4% | 8 of 10 |
| Change in share count Balance sheet | 41.9% | 0.5% | 14 of 14 |
Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Blackrock, Inc. | $17.3M | 2.1M | 26.1% | ▲ 26.9% |
| Morgan Stanley | $7.5M | 890K | 11.3% | ▼ 0.5% |
| Vanguard Capital Management LLC | $7.4M | 875K | 11.1% | ▼ 12.8% |
| Geode Capital Management, LLC | $5.1M | 601K | 7.6% | ▼ 4.2% |
| State Street Corp | $3.1M | 367K | 4.7% | ▲ 3.1% |
| Independent Advisor Alliance | $2.8M | 336K | 4.3% | ▼ 10.8% |
| Riverbridge Partners LLC | $2.1M | 244K | 3.1% | ▲ 0.9% |
| Northern Trust Corp | $1.6M | 189K | 2.4% | ▲ 6.0% |
| Goldman Sachs Group Inc | $1.5M | 181K | 2.3% | ▲ 5.1% |
| Hotchkis & Wiley Capital Management LLC | $1.4M | 164K | 2.1% | ▲ 0.8% |
| Vanguard Fiduciary Trust Co | $1.3M | 150K | 1.9% | ▲ 5.4% |
| Vanguard Portfolio Management LLC | $1.3M | 149K | 1.9% | ▲ 16.6% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Seven Hills Realty Trust's complete shareholder register. Values are as reported by the filers .
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Jordan Matthew P. Director | October 30, 2026 | Buy | 10,000 | $6.56 | $65,600 |
| Lorenzini Thomas J. President and CIO | October 30, 2026 | Buy | 5,000 | $6.59 | $32,950 |
| Portnoy Adam D. Director | December 11, 2025 | Buy | 2,015,748 | $8.65 | $17.4M |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Next expected around February 17, 2027 estimated from the company's past filing pattern, not announced
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| Financial statements | SEC 10-K and 10-Q filings | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
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