S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NYSEAMERICAN:SACH

Sachem Capital (SACH) Stock Price, News & Analysis

$3.19
+0.01 (+0.31%)
(As of 04/19/2024 ET)
Today's Range
$3.14
$3.22
50-Day Range
$3.19
$4.54
52-Week Range
$2.98
$4.64
Volume
217,391 shs
Average Volume
356,049 shs
Market Capitalization
$151.37 million
P/E Ratio
11.39
Dividend Yield
13.79%
Price Target
$4.75

Sachem Capital MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
48.9% Upside
$4.75 Price Target
Short Interest
Healthy
1.97% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

3.47 out of 5 stars

SACH stock logo

About Sachem Capital Stock (NYSEAMERICAN: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 (REIT) and would not be subject to federal income taxes if it distributes at least 90% of its taxable income each year to its stockholders. Sachem Capital Corp. was founded in 2010 and is based in Branford, Connecticut.

SACH Stock Price History

SACH Stock News Headlines

Independence Realty (IRT) Receives a Buy from RBC Capital
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
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
Sachem Capital Reports Full Year 2023 Results
Sachem Capital earnings preview: what Wall Street is expecting
USFD Apr 2024 30.000 put
See More Headlines
Receive SACH Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Sachem Capital and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
8/15/2023
Ex-Dividend for 4/16 Dividend
4/08/2024
Dividend Payable
4/16/2024
Today
4/19/2024
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
31
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
+50.3%
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
$0.41 per share
Book Value
$5.07 per share

Miscellaneous

Free Float
45,301,000
Market Cap
$149.94 million
Optionable
Not Optionable
Beta
1.62
10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

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 research analysts have issued 12 month price objectives for Sachem Capital's shares. Their SACH share price targets range from $4.50 to $5.00. On average, they anticipate the company's share price to reach $4.75 in the next year. This suggests a possible upside of 48.9% 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 15.6% and is now trading at $3.19.
View the best growth stocks for 2024 here
.

How were Sachem Capital's earnings last quarter?

Sachem Capital Corp. (NYSEAMERICAN:SACH) issued its quarterly earnings results on Tuesday, August, 15th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01. The company had revenue of $16.46 million for the quarter, compared to analyst estimates 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 declared a quarterly dividend on Thursday, March 28th. Investors of record on Tuesday, April 9th will be paid a dividend of $0.11 per share on Tuesday, April 16th. This represents a $0.44 dividend on an annualized basis and a yield of 13.79%. The ex-dividend date of this dividend 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 13.84%. 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 retail and institutional investors. Top institutional shareholders include Melia Wealth LLC (4.75%). 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 4/19/2024 by MarketBeat.com Staff

From Our Partners