NYSEAMERICAN:SACH

Sachem Capital (SACH) Stock Price, News & Analysis

$3.20
+0.06 (+1.91%)
(As of 05/3/2024 ET)
Today's Range
$3.16
$3.25
50-Day Range
$3.10
$4.54
52-Week Range
$2.98
$4.64
Volume
276,988 shs
Average Volume
392,300 shs
Market Capitalization
$151.84 million
P/E Ratio
11.43
Dividend Yield
13.75%
Price Target
$4.75

Sachem Capital MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
48.4% Upside
$4.75 Price Target
Short Interest
Healthy
2.36% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.73mentions of Sachem Capital in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.85 out of 5 stars

SACH stock logo

About Sachem Capital Stock (NYSEAMERICAN: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 subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was founded in 2010 and is based in Branford, Connecticut.

SACH Stock Price History

SACH Stock News Headlines

Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
Never use this word on your phone (FBI could be watching)
This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...
Independence Realty (IRT) Receives a Buy from RBC Capital
Q4 2023 Sachem Capital Corp Earnings Call
JMP Securities Reaffirms Their Hold Rating on Sachem Capital (SACH)
Twilio Appoints Andy Stafman to Board of Directors
See More Headlines
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Company Calendar

Last Earnings
8/15/2023
Ex-Dividend for 4/16 Dividend
4/08/2024
Dividend Payable
4/16/2024
Today
5/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:SACH
Previous Symbol
NASDAQ:SACH
Fax
N/A
Employees
29
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.75
High Stock Price Target
$5.00
Low Stock Price Target
$4.50
Potential Upside/Downside
+48.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$15.90 million
Pretax Margin
24.23%

Debt

Sales & Book Value

Annual Sales
$65.61 million
Cash Flow
$0.42 per share
Book Value
$5.07 per share

Miscellaneous

Free Float
45,301,000
Market Cap
$151.84 million
Optionable
Not Optionable
Beta
1.69
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SACH Stock Analysis - Frequently Asked Questions

Should I buy or sell Sachem Capital stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sachem Capital in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SACH shares.
View SACH analyst ratings
or view top-rated stocks.

What is Sachem Capital's stock price target for 2024?

2 Wall Street analysts have issued 1 year price targets for Sachem Capital's shares. Their SACH share price targets range from $4.50 to $5.00. On average, they anticipate the company's stock price to reach $4.75 in the next year. This suggests a possible upside of 48.4% from the stock's current price.
View analysts price targets for SACH
or view top-rated stocks among Wall Street analysts.

How have SACH shares performed in 2024?

Sachem Capital's stock was trading at $3.78 at the beginning of the year. Since then, SACH shares have decreased by 15.3% and is now trading at $3.20.
View the best growth stocks for 2024 here
.

How were Sachem Capital's earnings last quarter?

Sachem Capital Corp. (NYSEAMERICAN:SACH) announced its quarterly earnings data on Tuesday, August, 15th. The company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.01. The business had revenue of $16.46 million for the quarter, compared to the consensus estimate of $14.49 million. Sachem Capital had a net margin of 22.74% and a trailing twelve-month return on equity of 6.46%.

How often does Sachem Capital pay dividends? What is the dividend yield for Sachem Capital?

Sachem Capital announced a quarterly dividend on Thursday, March 28th. Investors of record on Tuesday, April 9th will be given a dividend of $0.11 per share on Tuesday, April 16th. This represents a $0.44 annualized dividend and a yield of 13.75%. The ex-dividend date is Monday, April 8th.
Read our dividend analysis for SACH
.

Is Sachem Capital a good dividend stock?

Sachem Capital (NYSEAMERICAN:SACH) pays an annual dividend of $0.44 per share and currently has a dividend yield of 13.75%. SACH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 157.14%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SACH.

What other stocks do shareholders of Sachem Capital own?
Who are Sachem Capital's major shareholders?

Sachem Capital's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Melia Wealth LLC (4.75%), Hartline Investment Corp (0.04%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Arthur L Goldberg, Brian A Prinz, Leslie Bernhard and William C Haydon.
View institutional ownership trends
.

How do I buy shares of Sachem Capital?

Shares of SACH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:SACH) was last updated on 5/5/2024 by MarketBeat.com Staff

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