Sachem Capital (SACH) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $1.15 to $1.24
• 50-Day Range: N/A
• 52-Week Range: $1.15 to $4.64
• Volume: 790,332 shs
• Average Volume: 358,077 shs
• Market Capitalization: $56.83 million
• P/E Ratio: N/A
• Dividend Yield: 16.53%
• Price Target: $2.25
• Consensus Rating: Moderate Buy

Sachem Capital Stock Analysis - MarketRank™

Sachem Capital scored higher than 50% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Sachem Capital has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Sachem Capital has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Sachem Capital are expected to grow in the coming year, from ($0.57) to $0.26 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sachem Capital is -6.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sachem Capital is -6.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Sachem Capital has a P/B Ratio of 0.24. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.77% of the outstanding shares of Sachem Capital have been sold short.

Short Interest Ratio / Days to Cover

Sachem Capital has a short interest ratio ("days to cover") of 4.7.

Change versus previous month

Short interest in Sachem Capital has recently decreased by 0.56%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Sachem Capital is a leading dividend payer. It pays a dividend yield of 15.27%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Sachem Capital does not have a long track record of dividend growth.

Dividend Sustainability

Based on EPS estimates, Sachem Capital will have a dividend payout ratio of 76.92% in the coming year. This indicates that Sachem Capital may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.77% of the outstanding shares of Sachem Capital have been sold short.

Short Interest Ratio / Days to Cover

Sachem Capital has a short interest ratio ("days to cover") of 4.7.

Change versus previous month

Short interest in Sachem Capital has recently decreased by 0.56%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: N/A

News Sentiment

Sachem Capital has a news sentiment score of -0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.78 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Sachem Capital this week, compared to 2 articles on an average week.

Search Interest

13 people have searched for SACH on MarketBeat in the last 30 days. This is an increase of 160% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Sachem Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Sachem Capital insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.48% of the stock of Sachem Capital is held by insiders.

Percentage Held by Institutions

Only 18.07% of the stock of Sachem Capital is held by institutions.

SACH Stock Analysis - Frequently Asked Questions

How have SACH shares performed this year?

Sachem Capital's stock was trading at $3.78 on January 1st, 2024. Since then, SACH shares have decreased by 68.0% and is now trading at $1.21.
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 Wednesday, August, 14th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.11 by $0.20. The company had revenue of $15.15 million for the quarter, compared to the consensus estimate of $16.14 million. Sachem Capital had a negative net margin of 8.63% and a negative trailing twelve-month return on equity of 2.41%.

Who are Sachem Capital's major shareholders?

Top institutional investors of Sachem Capital include Bard Associates Inc. (1.21%), Geode Capital Management LLC (1.09%), US Financial Advisors LLC (0.89%) and Penserra Capital Management LLC (0.67%). Insiders that own company stock include Brian A Prinz, Arthur L Goldberg, William C Haydon and Leslie Bernhard.
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.

What other stocks do shareholders of Sachem Capital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sachem Capital investors own include Medtronic (MDT), Energy Transfer (ET), Oxford Lane Capital (OXLC), AGNC Investment (AGNC), Enterprise Products Partners (EPD), Verizon Communications (VZ) and Arbor Realty Trust (ABR).

Company Calendar

• Last Earnings: 8/14/2024
• Ex-Dividend for 11/26 Dividend: 11/18/2024
• Dividend Payable: 11/26/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSEAMERICAN:SACH
• Previous Symbol: NASDAQ:SACH
• CUSIP: N/A
• CIK: 1682220
• Web: www.sachemcapitalpartners.com
• Phone: (203) 433-4736
• Fax: N/A
• Employees: 29
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.25
• High Stock Price Target: $2.50
• Low Stock Price Target: $2.00
• Potential Upside/Downside: +86.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.19)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $15.90 million
• Net Margins: -8.63%
• Pretax Margin: -7.10%
• Return on Equity: -2.41%
• Return on Assets: -0.92%

Debt

• Debt-to-Equity Ratio: 0.11
• Current Ratio: 1.79
• Quick Ratio: 1.79

Sales & Book Value

• Annual Sales: $65.61 million
• Price / Sales: 0.87
• Cash Flow: $0.38 per share
• Price / Cash Flow: 3.20
• Book Value: $5.07 per share
• Price / Book: 0.24

Miscellaneous

• Outstanding Shares: 46,970,000
• Free Float: 44,861,000
• Market Cap: $56.83 million
• Optionable: Not Optionable
• Beta: 1.64