Sachem Capital Corp. (SACH)
| Market Cap | 152.06M |
| Revenue (ttm) | 68.10M |
| Net Income (ttm) | 11.56M |
| Shares Out | 47.45M |
| EPS (ttm) | 0.26 |
| PE Ratio | 12.35 |
| Forward PE | 7.71 |
| Dividend | $0.44 (13.75%) |
| Ex-Dividend Date | Apr 8, 2024 |
| Volume | 45,477 |
| Open | 3.200 |
| Previous Close | 3.200 |
| Day's Range | 3.200 - 3.220 |
| 52-Week Range | 2.985 - 4.640 |
| Beta | 1.68 |
| Analysts | Strong Buy |
| Price Target | 4.50 (+40.63%) |
| Earnings Date | May 10, 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... [Read more]
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%.
Financial StatementsAnalyst 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 40.63% from the latest price.
News
Sachem Capital Reports First Quarter 2024 Results – Revenues Grew 17.0% to $17.2 Million
BRANFORD, Conn., May 10, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced its financial results for the first quarter ended March 31, 2024.
Sachem Capital Sets Dates for First Quarter 2024 Earnings Release and Conference Call
BRANFORD, Conn., May 09, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) (the “Company”) announced today that the Company will release its first quarter 2024 financial results befo...
Sachem Capital Reports Full Year 2023 Results
Revenues Increase, While Rising Interest Rates and Commercial Real Estate Values Impact Earnings Company to Host Webcast and Conference Call BRANFORD, Conn., April 01, 2024 (GLOBE NEWSWIRE) -- Sachem ...
Sachem Capital Corp. Announces Dividend of $0.11 Per Share
BRANFORD, Conn., April 01, 2024 (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 sha...
Sachem Capital Sets Dates for 2023 Earnings Release and Conference Call
BRANFORD, Conn., March 28, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) (the “Company”) announced today that the Company will release its 2023 financial results before market op...
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...
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...
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.
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...
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.
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...
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...
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...
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...
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
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
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...
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 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
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%...