Sachem Capital Corp. (SACH)

Market Cap	123.83M
Revenue (ttm)	68.10M
Net Income (ttm)	11.56M
Shares Out	47.45M
EPS (ttm)	0.26
PE Ratio	10.04
Forward PE	6.32
Dividend	$0.41 (15.71%)
Ex-Dividend Date	Jul 29, 2024

Volume	1,200,015
Open	2.820
Previous Close	2.870
Day's Range	2.500 - 2.820
52-Week Range	2.430 - 4.640
Beta	1.72
Analysts	Strong Buy
Price Target	4.50 (+72.41%)
Earnings Date	Aug 12, 2024

About SACH

Sachem Capital Corp. operates as a real estate finance company in the United States. The company engages in the originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real property. It offers short term loans to real estate investors or developers to fund its acquisition, renovation, rehabilitation, development, and/or improvement of residential or commercial properties. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subj...

• Industry: REIT - Mortgage
• Sector: Real Estate
• IPO Date: Feb 10, 2017
• Employees: 32
• Stock Exchange: NYSEAMERICAN
• Ticker Symbol: SACH

Financial Performance

In 2023, Sachem Capital's revenue was $65.61 million, an increase of 25.51% compared to the previous year's $52.28 million. Earnings were $12.10 million, a decrease of -29.72%.

Analyst Forecast

According to 2 analysts, the average rating for SACH stock is "Strong Buy." The 12-month stock price forecast is $4.5, which is an increase of 72.41% from the latest price.

Price Target

$4.5

(72.41% upside)

Analyst Consensus: Strong Buy