Sachem Capital Corp. (SACH)

NYSEAMERICAN: SACH · IEX Real-Time Price · USD
4.475
+0.015 (0.34%)
Mar 28, 2024, 1:41 PM EDT - Market open
0.34%
Market Cap 202.29M
Revenue (ttm) 64.59M
Net Income (ttm) 19.55M
Shares Out 45.36M
EPS (ttm) 0.47
PE Ratio 9.49
Forward PE 9.46
Dividend $0.44 (9.83%)
Ex-Dividend Date Dec 28, 2023
Volume 125,494
Open 4.470
Previous Close 4.460
Day's Range 4.450 - 4.540
52-Week Range 2.985 - 4.640
Beta 1.59
Analysts Strong Buy
Price Target 4.75 (+6.15%)
Earnings Date May 13, 2024

About SACH

Sachem Capital Corp. operates as a real estate finance company. The company is involved in the originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real property located primarily in Northeastern United States and Florida. It offers loans to real estate investors and owners to fund their 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 (RE... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Feb 10, 2017
Employees 31
Stock Exchange NYSEAMERICAN
Ticker Symbol SACH
Full Company Profile

Financial Performance

In 2022, Sachem Capital's revenue was $52.28 million, an increase of 71.82% compared to the previous year's $30.42 million. Earnings were $17.22 million, an increase of 50.21%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SACH stock is "Strong Buy." The 12-month stock price forecast is $4.75, which is an increase of 6.15% from the latest price.

Price Target
$4.75
(6.15% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Sachem Capital Corp. Announces Tax Reporting Information

BRANFORD, Conn., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced today the tax treatment for the Company's distributions on its common stock (CUSIP: 78590A109) a...

2 months ago - GlobeNewsWire

Sachem Capital Corp. Announces Dividend of $0.11 per Share

BRANFORD, Conn., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced today that its board of directors authorized and declared a quarterly dividend of $0.11 per shar...

3 months ago - GlobeNewsWire

Sachem Capital Reports Third Quarter 2023 Results – Produces Revenue Growth of 29.5% to $17.5 Million

BRANFORD, Conn., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced its financial results for the third quarter ended September 30, 2023.

4 months ago - GlobeNewsWire

Sachem Capital Sets Dates For Third Quarter 2023 Earnings Release And Conference Call

BRANFORD, Conn., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) (the “Company”) announced today that the Company will release its third quarter 2023 financial results aft...

5 months ago - GlobeNewsWire

Sachem Capital Corp. Announces Dividend of $0.11 Per Share

BRANFORD, Conn., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced today that its board of directors authorized and declared a quarterly dividend of $0.11 per shar...

5 months ago - GlobeNewsWire

Sachem Capital Reports Second Quarter 2023 Results – Produces Record Revenue Growth of 31.2% to $16.5 Million

BRANFORD, Conn., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced its financial results for the quarter ended June 30, 2023.

8 months ago - GlobeNewsWire

Sachem Capital Sets Dates for Second Quarter 2023 Earnings Release and Conference Call

BRANFORD, Conn., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) (the “Company”) announced today that the Company will release its second quarter 2023 financial results af...

8 months ago - GlobeNewsWire

Sachem Capital Corp. Announces Dividend of $0.13 Per Share

BRANFORD, Conn., July 26, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced today that its board of directors authorized and declared a quarterly dividend of $0.13 per shar...

8 months ago - GlobeNewsWire

Sachem Capital Revenue Increases 42.8% to $14.7 Million for the First Quarter 2023

BRANFORD, Conn., May 15, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced its financial results for the quarter ended March 31, 2023. The company will host a conference ca...

11 months ago - GlobeNewsWire

Sachem Capital Sets Dates for First Quarter 2023 Earnings Release and Conference Call

BRANFORD, Conn., May 09, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) (the “Company”) announced today that the Company will release its first quarter 2023 financial results befo...

11 months ago - GlobeNewsWire

Sachem Capital Provides Preliminary First Quarter 2023 Financial Results

Announces the Appointment of CEO John Villano as Interim Chief Financial Officer Announces the Appointment of CEO John Villano as Interim Chief Financial Officer

11 months ago - GlobeNewsWire

Sachem Capital Reports Record 2022 Annual Revenue of $52.3 Million and Net Income Attributable to Common Shareholders of $17.2 Million or $0.46 per Share

Conference Call and Webcast to be held at 8:00 AM ET on Friday, March 31, 2023 Conference Call and Webcast to be held at 8:00 AM ET on Friday, March 31, 2023

1 year ago - GlobeNewsWire

Sachem Capital Sets Dates for 2022 Earnings Release and Conference Call

BRANFORD, Conn., March 28, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) (the “Company”) announced today that the Company will release its 2022 financial results after market clo...

1 year ago - GlobeNewsWire

Sachem Capital Corp. Announces New Credit Facility

Enhances Available Capital and Liquidity to Support Growth Enhances Available Capital and Liquidity to Support Growth

1 year ago - GlobeNewsWire

Sachem Capital Corp. Announces Management Transition

BRANFORD, Conn., Jan. 11, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) today announced that William C. Haydon, has resigned to pursue retirement and other opportunities. Mr. Hay...

1 year ago - GlobeNewsWire

Sachem Capital Revenue Increases 58.9% to $13.5 Million for the Third Quarter 2022

Achieves $4.1 Million of Net Income Attributable to Common Shareholders and $5.2 Million of Non-GAAP Adjusted Earnings, Representing Earnings Per Share of $0.11 and $0.13, Respectively

1 year ago - GlobeNewsWire

Sachem Capital Corp. Expands Capabilities with Acquisition of Urbane New Haven LLC, a Premier Real Estate Development and Construction Firm

Expected to further enhance underwriting standards and provide new profit center Expected to further enhance underwriting standards and provide new profit center

1 year ago - GlobeNewsWire

Sachem Capital Corp. Announces Stock Repurchase Plan of Up to $7.5 Million

BRANFORD, Conn., Oct. 07, 2022 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) today announced that its Board of Directors (the “Board”) has authorized a stock repurchase program under ...

1 year ago - GlobeNewsWire

Sachem Capital Corp. Announces Sale of an Additional $5.25 Million of 8.00% Notes Due 2027

BRANFORD, Conn., Aug. 29, 2022 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) has sold an additional $5.25 million original principal amount of its 8.00% unsecured, unsubordinated note...

1 year ago - GlobeNewsWire

Sachem Capital Corp. Announces Closing of Public Offering of $35.0 Million of 8.00% Notes

BRANFORD, Conn., Aug. 23, 2022 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announces the closing of its previously announced registered public offering of $35.0 million aggregate pr...

1 year ago - GlobeNewsWire

Sachem Capital Corp. Prices Registered Public Offering of $35.0 Million 8.00% Notes

BRANFORD, Conn., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announces the pricing of a registered public offering of $35.0 million aggregate principal amount of 8.00%...

1 year ago - GlobeNewsWire

Sachem Capital Corp. Announces Registered Public Offering of Notes

BRANFORD, Conn., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) today announced the commencement of a registered public offering of unsecured, unsubordinated notes due fi...

1 year ago - GlobeNewsWire

Sachem Capital Corp. Announces Dividend Increase to $0.14 Per Share

16% Increase Over 1st Quarter Dividend 16% Increase Over 1st Quarter Dividend

1 year ago - GlobeNewsWire

Sachem Capital Corp. Announces Sale of an Additional $2.5 Million of 7.125% Notes from Exercise of Over Allotment Option

BRANFORD, Conn., June 03, 2022 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) has sold an additional $2.5 million original principal amount of its 7.125% unsecured, unsubordinated note...

1 year ago - GlobeNewsWire

Sachem Capital to Present at Microcap Rodeo's Spring Into Action Best Ideas Virtual Conference on May 18th

BRANFORD, CT / ACCESSWIRE / May 12, 2022 / Sachem Capital Corp. ("Sachem Corp" or the "Company") (NYSE American:SACH), today announced that Bill Haydon, Chief Investment Officer and Director of Sachem...

2 years ago - Accesswire