STOCK TITAN

Sachem Capital - SACH STOCK NEWS

Welcome to our dedicated page for Sachem Capital news (Ticker: SACH), a resource for investors and traders seeking the latest updates and insights on Sachem Capital stock.

Sachem Capital Corp. (SACH) is a United States-based real estate investment trust (REIT). The company has been financing opportunistic real estate transactions in the New England area since 2010. Specializing in originating, underwriting, funding, servicing, and managing a portfolio of short-term loans, Sachem provides quick, short-term bridge capital for real estate investors, builders, or developers who need immediate funding or solutions to immediate problems.

Sachem Capital's primary objective is to grow its loan portfolio while protecting and preserving capital. The company focuses on offering creative real estate financing solutions developed exclusively for those seeking alternatives to conventional bank loans. Their hands-on managers have extensive experience in real estate acquisitions, investments, management, and development, allowing them to quickly assess complex opportunities and deliver efficient and opportunistic closing products to borrowers while ensuring profitability for shareholders.

The executive team boasts extensive experience in real estate, and this expertise enables the company to address the constant volatility and instability in today's financial markets. Since being listed on the NYSE on February 10, 2017, Sachem Capital has continued to thrive, providing attractive risk-adjusted returns to shareholders over the long term through dividends.

The majority of the company's revenue is generated from interest income from loans secured by first mortgage liens on real property located in Connecticut. These properties, typically residential or commercial, are often held for resale or investment. Each loan is secured by a first mortgage lien on real estate and is personally guaranteed by the principal(s) of the borrower. Apart from lending activities, Sachem Capital also engages in opportunistic real estate purchases.

Rhea-AI Summary
Sachem Capital Corp. (NYSE American: SACH) declares a quarterly dividend of $0.11 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
Tags
dividends
-
Rhea-AI Summary
Sachem Capital Corp. (NYSE American: SACH) announced its financial results for the third quarter ended September 30, 2023. The company demonstrated its ability to grow revenue and profits, with a focus on deliberate underwriting and conservative approach to balance sheet leverage. Total revenue grew 29.5% to $17.5 million, and net income attributable to common shareholders was $5.2 million. The company also reported a 12.8% growth in total assets and a $17.8 million rise in total shareholders' equity. A quarterly dividend of $0.11 per share was paid to shareholders, and a webcast and conference call to discuss the financial results will be hosted on November 14, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.53%
Tags
-
Rhea-AI Summary
Sachem Capital Corp. (NYSE American: SACH) announced the release of its third quarter 2023 financial results on November 13, 2023, followed by a webcast and conference call on November 14, 2023, at 8:00 a.m. Eastern Standard Time. The webcast will be available on the Investors section of the Company’s website. To participate in the conference call, dial 1-844-825-9789 (Domestic) or 1-412-317-5180 (International) at least 15 minutes prior to the start time. Conference call playback will be accessible until November 28, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
Tags
Rhea-AI Summary
Sachem Capital Corp. declares quarterly dividend of $0.11 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.54%
Tags
dividends
-
Rhea-AI Summary
Sachem Capital Corp. announced its financial results for the second quarter of 2023, reporting a total revenue growth of 31.2% to approximately $16.5 million. The company's net income attributable to common shareholders for the quarter was approximately $4.8 million, or $0.11 per share. Total assets grew 10.3% to approximately $624.0 million, while total liabilities increased to approximately $395.0 million. The company paid a quarterly dividend of $0.13 per share to shareholders of record. Sachem Capital Corp. will host a webcast and conference call to discuss its financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.62%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.18%
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.92%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.78%
Tags

FAQ

What is the current stock price of Sachem Capital (SACH)?

The current stock price of Sachem Capital (SACH) is $1.12 as of February 28, 2025.

What is the market cap of Sachem Capital (SACH)?

The market cap of Sachem Capital (SACH) is approximately 49.8M.

What is Sachem Capital Corp.?

Sachem Capital Corp. is a real estate investment trust specializing in providing short-term bridge capital for real estate investors, builders, and developers.

When was Sachem Capital Corp. listed on the NYSE?

Sachem Capital Corp. was listed on the NYSE on February 10, 2017.

What types of properties secure Sachem Capital's loans?

The loans are typically secured by residential or commercial real estate properties intended for resale or investment.

What is Sachem Capital's primary revenue source?

Sachem Capital earns the majority of its revenue from interest income on loans secured by first mortgage liens on real property.

Who guarantees the loans provided by Sachem Capital?

The loans are personally guaranteed by the principal(s) of the borrower.

What is Sachem Capital's primary underwriting criteria?

The primary underwriting criteria is a conservative loan to value ratio.

In which geographic area does Sachem Capital primarily operate?

Sachem Capital primarily operates in the New England area.

What is the company's approach to real estate financing?

Sachem Capital provides creative real estate financing solutions as alternatives to conventional bank loans.

Does Sachem Capital engage in activities other than lending?

Yes, apart from lending, Sachem Capital also makes opportunistic real estate purchases.

How does Sachem Capital ensure profitability for shareholders?

Sachem Capital ensures profitability by delivering efficient and opportunistic closing products and providing attractive risk-adjusted returns through dividends.
Sachem Capital

NYSE:SACH

SACH Rankings

SACH Stock Data

49.78M
44.72M
4.48%
22.34%
4.1%
REIT - Mortgage
Real Estate Investment Trusts
Link
United States
BRANFORD