Sachem Capital Corp. | REIT Profile

Symbol: SACH
CIK: 1682220
Exchange: NYSE
Founded: 2010 (14 years)
HQ: Branford, CT, United States
Type of REIT: Mortgage REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Mortgage

See SACH on Yahoo Finance
See SACH on SEC.gov

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About Sachem Capital Corp.

Sachem Capital Corp. (SCC), is the successor to Sachem Capital Partners, LLC (SCP) having acquired all of SCP's assets and assumed all of SCP's liabilities in February 2017. Immediately thereafter, SCC completed an underwritten initial public offering of its shares. (Except where otherwise stated to the contrary, SCC and SCP are, collectively, referred to as the Company.) The Company specializes in originating, underwriting, funding, servicing and managing a portfolio of first mortgage loans. It offers short term (i.e., three years or less) secured, non-­banking loans (sometimes referred to as hard money loans) to real estate investors to fund their acquisition, renovation, development, rehabilitation or improvement of properties located primarily in Connecticut. The Company does not lend to owner occupants. The Company's primary underwriting criteria is a conservative loan to value ratio. The properties securing the Company's loans are generally classified as residential or commercial real estate and, typically, are held for resale or investment. Each loan is secured by a first mortgage lien on real estate and may also be secured with additional real estate collateral. Each loan is also personally guaranteed by the principal(s) of the borrower, which guaranty may be collaterally secured by a pledge of the guarantor's interest in the borrower. The Company also makes opportunistic real estate purchases apart from its lending activities. SCC believes that it qualifies as a real estate investment trust (REIT) for federal income tax purposes and intends to make the election to be taxed as a REIT when it files its 2017 federal income tax return.


Sachem Capital Corp. Company Logo

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REITMovers


REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 4 minutes during normal trading hours. Note: All prices have a 15 minute delay.


Latest Price High Low Open Previous Close Volume Change $ Change %
$2.44 $2.46 $2.39 $2.40 $2.41 267,760 $0.03 1.24%

Last update: 2024-10-09 12:59:39 PST

REITRating™ Trend


REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.

Overall REITRating Score: 6.2

Dividend of Trading Day 2024-10-09


Dividend Yield: 13.1%*
Annualized Dividend: $0.44*
Dividend Yield (TTM): 18.7%
Annualized Dividend (TTM): $0.46
Ex-Dividend Date: 2024-07-29
Dividend Date: 2024-08-06
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest REIT Press Releases


See more Press Releases for Sachem Capital Corp.

Key Stats of Trading Day 2024-10-09


Market Capitalization: $115,398,000
EBITDA: N/A
P/E Ratio: 48.80
PEG Ratio: 0.13
Book Value: 4.84
Dividend Per Share: $0.41
EPS: 0.05
Revenue Per Share TTM: $0.46
ProfitMargin: 31.40%
Operating Margin TTM: 1,005.00%
Return on Assets TTM: 1.11%
Return on Equity TTM: 2.90%
Revenue TTM: $21,298,100
Gross Profit TTM: $20,002,500
Diluted EPS TTM: $0.05
Quarterly Earnings Growth YOY: -21.40%
Quarterly Revenue Growth YOY: 8.90%
Trailing P/E: 48.80
Forward P/E: 6.18
Beta: 1.73
Price to Sales Ratio TTM: 5.42
Price to Book Ratio: 0.50
EV to Revenue: 13.44
EV to EBITDA: 12.35x
Shares Outstanding: 47,294,300
52 Week High: $4.37
52 Week Low: $2.22
50 Day Moving Average: $2.45
200 Day Moving Average: $3.14

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $4.20 per share you would have been able to buy 238 shares of SACH on 2023-10-09 costing $999.60 @ $4.20 per share you would have been able to buy 119 shares of SACH on 2023-10-09 costing $499.80 @ $4.20 per share you would have been able to buy 59 shares of SACH on 2023-10-09 costing $247.80 @ $4.20 per share you would have been able to buy 23 shares of SACH on 2023-10-09 costing $96.60 @ $4.20 per share you would have been able to buy 11 shares of SACH on 2023-10-09 costing $46.20
Current worth On 2024-07-05 these 238 shares would be worth $606.90 @ $2.55 On 2024-07-05 these 119 shares would be worth $303.45 @ $2.55 On 2024-07-05 these 59 shares would be worth $150.45 @ $2.55 On 2024-07-05 these 23 shares would be worth $58.65 @ $2.55 On 2024-07-05 these 11 shares would be worth $28.05 @ $2.55
Dividends earned $78.54 in dividends would have been earned since 2023-10-09 with 238 shares. $39 in dividends would have been earned since 2023-10-09 with 119 shares. $19.47 in dividends would have been earned since 2023-10-09 with 59 shares. $7.59 in dividends would have been earned since 2023-10-09 with 23 shares. $3.63 in dividends would have been earned since 2023-10-09 with 119 shares.
Net (gain / loss)* -314.16 USD -157.08 USD -77.88 USD -30.36 USD -14.52 USD
ROI** -31.43% -31.43% -31.43% -31.43% -31.43%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by SACH. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
SACH 2024-04-08 0.110 --- 2024-03-28 2024-04-09 2024-04-16
SACH 2023-12-28 0.110 --- 2023-12-14 2023-12-29 2024-01-10
SACH 2023-10-30 0.110 -15.38% 2023-10-23 2023-10-31 2023-11-07
SACH 2023-08-04 0.130 --- 2023-07-26 2023-08-07 2023-08-11
SACH 2023-04-14 0.130 --- 2023-04-05 2023-04-17 2023-04-24
SACH 2022-12-29 0.130 --- 2022-12-14 2022-12-30 2023-01-10
SACH 2022-11-04 0.130 -7.14% 2022-10-27 2022-11-07 2022-11-14
SACH 2022-07-20 0.140 16.67% 2022-07-11 2022-07-21 2022-07-28
SACH 2022-04-08 0.120 --- 2022-04-01 2022-04-11 2022-04-18
SACH 2021-12-30 0.120 --- 2021-12-22 2021-12-31 2022-01-10
SACH 2021-10-22 0.120 --- 2021-10-14 2021-10-25 2021-10-29
SACH 2021-07-23 0.120 --- 2021-07-15 2021-07-26 2021-07-30
SACH 2021-04-09 0.120 --- 2021-04-01 2021-04-12 2021-04-16
SACH 2020-12-30 0.120 --- 2020-12-23 2020-12-31 2021-01-08
SACH 2020-10-23 0.120 --- 2020-10-16 2020-10-26 2020-11-04
SACH 2020-07-30 0.120 --- 2020-07-21 2020-07-31 2020-08-07
SACH 2020-01-16 0.120 --- 2020-01-08 2020-01-17 2020-01-27
SACH 2019-10-11 0.120 --- 2019-10-07 2019-10-14 2019-10-22
SACH 2019-10-10 0.120 --- 2019-10-07 2019-10-14 2019-10-22
SACH 2019-07-19 0.120 --- 2019-07-11 2019-07-22 2019-07-29

Financial Statements Overview


The next Earnings Report for SACH is 2024-08-12

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
6 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 7.8
Rating AFFO & Efficiency Section Avg. Rating
Rating Leverage Section Avg. Rating
5 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 5.9
4 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 6.5
0 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.8
9 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 4.8
9 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.8
Rating Asset & Revenue Section Avg. Rating
10 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 7.3
10 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.3
Rating Properties Section Avg. Rating
Rating Market Cap Section Avg. Rating
3 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.6
6.2 Overall REITRating™ Score (See trend) 6.4

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

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Last updated: 2024-10-09 - v5.7