Sachem Capital Corp. (SACH)
| Market Cap | 145.64M |
| Revenue (ttm) | 45.87M |
| Net Income (ttm) | 15.23M |
| Shares Out | 40.80M |
| EPS (ttm) | 0.45 |
| PE Ratio | 7.94 |
| Forward PE | 6.77 |
| Dividend | $0.52 (14.57%) |
| Ex-Dividend Date | Dec 29, 2022 |
| Volume | 137,863 |
| Open | 3.46 |
| Previous Close | 3.49 |
| Day's Range | 3.43 - 3.60 |
| 52-Week Range | 3.16 - 6.02 |
| Beta | 1.43 |
| Analysts | Buy |
| Price Target | 5.78 (+61.91%) |
| Earnings Date | Mar 30, 2023 |
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]
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 $11.46 million, an increase of 27.47%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for SACH stock is "Buy." The 12-month stock price forecast is $5.78, which is an increase of 61.91% from the latest price.
News
Sachem Capital Corp. Announces New Credit Facility
Enhances Available Capital and Liquidity to Support Growth Enhances Available Capital and Liquidity to Support Growth
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...
Sachem Capital Corp. Announces Dividend of $0.13 Per Share
BRANFORD, Conn., Dec. 14, 2022 (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...
Sachem Capital Corp. (SACH) Beats Q3 Earnings and Revenue Estimates
Sachem Capital Corp. (SACH) delivered earnings and revenue surprises of 18.18% and 3.21%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock...
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
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
3 REITs to Buy to Earn High Dividends
Income investors often allocate a sizeable portion of their portfolio to real estate investment trusts, or REITs, as these names typically pay high yields. Since REITs have to distribute at least 90% ...
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 ...
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...
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...
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%...
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...
Sachem Capital Corp. (SACH) Q2 Earnings Lag Estimates
Sachem Capital Corp. (SACH) delivered earnings and revenue surprises of -20% and 0.38%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
7 Growth Stocks to Buy Now Before They Become Large Caps
Canada's national business paper, The Globe and Mail, recently interviewed a Toronto-based portfolio manager who seeks out smaller growth stocks with the potential to become large caps over the long h...
Sachem Capital Corp. Announces Dividend Increase to $0.14 Per Share
16% Increase Over 1st Quarter Dividend 16% Increase Over 1st Quarter Dividend
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...
The 5 Best Real Estate Stocks to Buy Now
These 5 real estate stocks have declined with the broader stock market, but have solid fundamentals and offer high dividend yields. The post The 5 Best Real Estate Stocks to Buy Now appeared first on ...
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...
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 pri...
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...
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?
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
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 a...
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 sha...