News
SACH
3.190
-0.31%
-0.010
Weekly Report: what happened at SACH last week (0415-0419)?
Weekly Report · 3d ago
Weekly Report: what happened at SACH last week (0408-0412)?
Weekly Report · 04/15 11:03
Here We Go Again
Seeking Alpha · 04/14 13:00
Camden Property Trust, Sachem Capital among real estate movers
On the Move Camden Property Trust, Sachem Capital among real estate movers. S&P 500 Real Estate Sector +0.5% to 242.06. Apartment Income REIT, Ashford Hospitality Trust and New Concept Energy are among the biggest gainers.
Seeking Alpha · 04/08 16:00
Weekly Report: what happened at SACH last week (0401-0405)?
Weekly Report · 04/08 11:09
A Crude Problem
Seeking Alpha · 04/07 13:00
Real estate stocks decline as markets price in reduced hopes of near-term rate cut
Real estate stocks decline as markets price in reduced hopes of near-term rate cut. The Real Estate Select Sector SPDR Fund ETF (XLRE) fell 3% this week. Office REITs were the biggest losers, while the broader S&P 500 suffered its worst week of 2024.
Seeking Alpha · 04/06 16:00
Sachem Capital: Avoid The 12% Common Dividend Yield For The Bonds
Sachem Capital's book value dipped on the back of provision for credit losses and a year-over-year dip in EPS. The mortgage REIT's EPS currently does not fully cover its dividend. The mREIT has a 12% common dividend yield. The company's focus on short-term loans is attractive, but loan quality has deteriorated.
Seeking Alpha · 04/05 16:14
Sachem Capital Discusses Financials and Announces Dividend
TipRanks · 04/02 21:22
SACHEM CAPITAL CORP <SACH.A>: ALLIANCE GLOBAL PARTNERS CUTS TARGET PRICE TO $4 FROM $4.50
Reuters · 04/02 03:40
Sachem Capital: Stock Gives Back Recent Gains After Reporting Earnings
Sachem Capital Corp. Just announced its financial results for the full year of 2023. Sachem Capital's stock dropped 17% and erased previous gains. The company's loan policy has become even tighter, limiting new loans to 1-year terms with the option to extend. The foreclosure rate has almost doubled in the last year and Sachem's exposure to the commercial real estate market remains high.
Seeking Alpha · 04/01 19:00
JMP Securities Reaffirms Their Hold Rating on Sachem Capital (SACH)
TipRanks · 04/01 18:45
Sachem Capital Shares Drop 17% After Interest Rates Hit Profit
Shares of Sachem Capital are down 17% to $3.70 in Monday afternoon trading. The company's profit fell because of higher interest rates and weakness in commercial real estate. The mortgage real-estate investment trust reported a profit of $15.9 million in 2023.
Dow Jones · 04/01 17:57
Sachem stock slumps 17% as 2023 earnings slide on higher expenses, provisions
Mortgage REIT Sachem Capital's stock slumps 17% as 2023 earnings slide on higher expenses, provisions. The company said it expects 2024 to be challenging due to rising interest rates and other factors. Sachem's 2023 revenue of $65.6M topped the average analyst estimate of $64.3M.
Seeking Alpha · 04/01 16:37
Sachem Capital, RE/MAX, Douglas Elliman in real estate losers
Sachem Capital, RE/MAX, Douglas Elliman in real estate losers. S&P 500 Real Estate Sector -1.49% to 244.47. Sachem Capital -17% after mixed results. Wetouch Technology -7% after 2023 revenue announcement.
Seeking Alpha · 04/01 16:00
SACH Stock Earnings: Sachem Cap Misses EPS, Beats Revenue for Q4 2023
Sachem Cap reported earnings per share of -5 cents for the fourth quarter of 2023. The company reported revenue of $16.91 million. This was 1.98% better than the analyst estimate for revenue. Sachem Cap also reported results for the third quarter of 2018.
Investorplace · 04/01 15:53
Sachem Capital declares $0.11 dividend
Dividend Stocks News Sachem Capital declares $0.11 dividend. Forward yield 9.87% Payable April 16; for shareholders of record April 9; ex-div April 8. The company has now announced a dividend of $.11 for three consecutive quarters. ETSachem Capital Corp. (SACH) Stock
Seeking Alpha · 04/01 11:56
Sachem Cap Q4 EPS $(0.05) Misses $0.11 Estimate, Sales $16.91M Beat $16.58M Estimate
Sachem Cap reports quarterly losses of $0.05 per share. The company missed the analyst consensus estimate by 145.45 percent. Company reported quarterly sales of $16.91 million, up 6.44 percent from the same period last year and beating the estimate by 1.98%.
Benzinga · 04/01 11:13
Weekly Report: what happened at SACH last week (0325-0329)?
Weekly Report · 04/01 11:07
Options Volatility and Implied Earnings Moves Today, April 01, 2024
TipRanks · 04/01 11:05
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About SACH
Sachem Capital Corp. is a mortgage real estate investment trust (REIT) that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property. It offers short-term secured, nonbanking loan to real estate investors to fund their acquisition, renovation, development, rehabilitation, or improvement of properties. Its typical borrower is a real estate investor or developer who uses the proceeds of the loan to fund its acquisition, renovation, rehabilitation, development and/or improvement of residential or commercial properties and that are held for investment or sale. Its primary objective is to grow its loan portfolio while protecting and preserving capital in a manner that provides for attractive risk-adjusted returns to its shareholders over the long term through dividends. The mortgaged property may or may not be income-producing. Its loans are referred to in the real estate finance industry as hard money loans.