Sachem Capital Corp. (SACH)

NYSEAMERICAN: SACH · IEX Real-Time Price · USD
4.57
0.08 (1.78%)
At close: May 16, 2022 4:00 PM
4.54
-0.03 (-0.66%)
After-hours:May 16, 2022 6:52 PM EDT
Market Cap165.81M
Revenue (ttm)35.01M
Net Income (ttm)12.71M
Shares Out36.28M
EPS (ttm)0.44
PE Ratio10.48
Forward PE8.16
Dividend$0.48 (10.50%)
Ex-Dividend DateApr 8, 2022
Volume104,419
Open4.50
Previous Close4.49
Day's Range4.47 - 4.61
52-Week Range4.24 - 6.55
Beta1.26
AnalystsBuy
Price Target6.89 (+50.8%)
Earnings DateMay 12, 2022

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...

IndustryThrifts & Mortgage Finance
IPO DateFeb 10, 2017
Employees19
Stock ExchangeNYSEAMERICAN
Ticker SymbolSACH
Full Company Profile

Financial Performance

In 2021, Sachem Capital's revenue was $30.42 million, an increase of 63.55% compared to the previous year's $18.60 million. Earnings were $13.32 million, an increase of 48.09%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for SACH stock is "Buy." The 12-month stock price forecast is 6.89, which is an increase of 50.77% from the latest price.

Price Target
$6.89
(50.77% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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, ...

4 days ago - Accesswire

Sachem Capital Corp. Announces Closing of Public Offering of $27.5 Million of 7.125% Notes

BRANFORD, Conn., May 11, 2022 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announces the closing of its previously announced registered public offering of $27.5 million aggregate princ...

5 days ago - GlobeNewsWire

Sachem Capital Corp. Prices Registered Public Offering of $27.5 Million of 7.125% Notes

BRANFORD, Conn., May 06, 2022 (GLOBE NEWSWIRE) --  Sachem Capital Corp. (NYSE American: SACH) announces the pricing of a registered public offering of $27.5 million aggregate principal amount of 7.125% ...

1 week ago - GlobeNewsWire

Sachem Capital Corp. Announces Registered Public Offering of Notes

BRANFORD, Conn., May 05, 2022 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) today announced the commencement of a registered public offering of unsecured, unsubordinated notes due five ...

1 week ago - GlobeNewsWire

Sachem Capital Corp. (SACH) Q1 Earnings and Revenues Miss Estimates

Sachem Capital Corp. (SACH) delivered earnings and revenue surprises of -23.08% and 2.56%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Sachem Capital Revenue Increases 80.3% to $10.3 Million for the First Quarter 2022

Achieves $3.4 Million of Net Income Attributable to Common Shareholders and $4.5 Million of Non-GAAP Adjusted Earnings

1 week ago - GlobeNewsWire

Sachem Capital Corp. to Present at Investor Summit Group's Q2 In-person Conference on May 4th in NYC

Branford, Connecticut--(Newsfile Corp. - April 25, 2022) -  Sachem Capital Corp. (NYSE American: SACH) announced today that Bill Haydon, Chief Investment Officer of Sachem Capital will be presenting at ...

3 weeks ago - Newsfile Corp

Sachem Capital Corp. Announces Dividend of $0.12 Per Share

BRANFORD, Conn., April 01, 2022 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced today that its board of directors authorized and declared a quarterly dividend of $0.12 per share...

1 month ago - GlobeNewsWire

Sachem Capital Reports Record Annual Revenue of $30.4 Million and Net Income Attributable to Common Shareholders of $...

Conference Call and Webcast to be held at 8:00 AM ET on Friday, April 1, 2022 Conference Call and Webcast to be held at 8:00 AM ET on Friday, April 1, 2022

1 month ago - GlobeNewsWire

Sachem Capital Corp. Announces Closing of Public Offering of $50.0 Million of 6.00% Notes

BRANFORD, CT, March 09, 2022 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announces the closing of its previously announced registered public offering of $50.0 million aggregate princi...

2 months ago - GlobeNewsWire

Sachem Capital Corp. Prices Registered Public Offering of $50.0 Million of 6.00% Notes

BRANFORD, Conn., March 03, 2022 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announces the pricing of a registered public offering of $50.0 million aggregate principal amount of 6.00% ...

2 months ago - GlobeNewsWire

Sachem Capital Corp. to Present at the Aegis Capital Virtual Conference on February 25th

BRANFORD, Conn., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH), today announced that Bill Haydon, Chief Investment Officer of Sachem Capital, will be presenting at the Aeg...

3 months ago - GlobeNewsWire

Sachem Capital Corp. (SACH) is on the Move, Here's Why the Trend Could be Sustainable

Sachem Capital Corp. (SACH) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed thr...

4 months ago - Zacks Investment Research

Sachem Capital Corp. Announces Sale of an Additional of $6.75 Million of 6.0% Notes Due 2026 from Exercise of Over Al...

BRANFORD, Conn., Dec. 29, 2021 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH; SCCD) has sold an additional $6.75 million original principal amount of its 6.0% unsecured, unsubordinated n...

4 months ago - GlobeNewsWire

Sachem Capital Corp. Announces Closing of Public Offering of $45 Million of 6.0% Notes

BRANFORD, Conn., Dec. 20, 2021 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announces the closing of its previously announced registered public offering of $45.0 million aggregate prin...

4 months ago - GlobeNewsWire

Sachem Capital Corp. Prices Registered Public Offering of $45 Million of 6.0% Notes

BRANFORD, Conn., Dec. 14, 2021 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announces the pricing of a registered public offering of $45.0 million aggregate principal amount of 6.0% un...

5 months ago - GlobeNewsWire

Sachem Capital Adjourns Meeting of Shareholders Until November 24, 2021

The Company encourages all shareholders who have not yet voted on Proposal 2 to do so by  11:59 PM EST on November 23, 2021

6 months ago - GlobeNewsWire

Sachem Capital Reports 100% Revenue Growth and Net Income of $3.4 Million for the Third Quarter of 2021

Conference Call and Webcast to be held at 8:00 AM EDT on Friday, November 5, 2021 Conference Call and Webcast to be held at 8:00 AM EDT on Friday, November 5, 2021

6 months ago - GlobeNewsWire

Analysts Estimate Sachem Capital Corp. (SACH) to Report a Decline in Earnings: What to Look Out for

Sachem Capital Corp. (SACH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

Sachem Capital to Present at Dawson James Securities 6th Annual Small Cap Growth Conference on October 21, 2021

BRANFORD, Conn., Oct. 15, 2021 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (“Sachem”) (NYSE American: SACH), today announced that Bill Haydon, Chief Investment Officer and Director of Investor Relations of...

7 months ago - GlobeNewsWire

Sachem Capital Corp. Announces Quarterly Dividend of $0.12 Per Share

BRANFORD, Conn., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced today that its board of directors authorized and declared a quarterly dividend of $0.12 per share ...

7 months ago - GlobeNewsWire

Sachem Capital Shareholders Re-elect Board

Vote on Proposal to Increase Authorized Capital Adjourned and Rescheduled for November 3, 2021

7 months ago - GlobeNewsWire

Sachem Capital to Present at Microcap Rodeo's Fall Harvest - Best Ideas from the Buy-Side on Tuesday, October 5, 2021

BRANFORD, CT / ACCESSWIRE / September 30, 2021 / Sachem Capital Corp. ("Sachem") (NYSE American:SACH), today announced that the Company has been invited to present at the Fall Harvest - Best Ideas from ...

7 months ago - Accesswire

Sachem Capital to Present at the H.C. Wainwright 23rd Annual Global Investment Conference

BRANFORD, Conn., Sept. 08, 2021 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (“Sachem”) (NYSE American: SACH), today announced that Bill Haydon, CIO, CCO, and Director of Investor Relations of Sachem Capita...

8 months ago - GlobeNewsWire

Sachem Capital Reports Revenue Growth of 56% for Q2 2021

Conference Call and Webcast to be held at 8:00 AM EDT on Tuesday, August 17, 2021 Conference Call and Webcast to be held at 8:00 AM EDT on Tuesday, August 17, 2021

9 months ago - GlobeNewsWire