Sachem Capital

Sachem Capital Corp. is a real estate finance company, which engages in the provision of real estate investment trust services. The firm specializes in originating, underwriting, funding, servicing, and managing services for a portfolio of short-term loans. It offers short-term, secured, and non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation, or development of residential and commercial properties. The company was founded by Jeffrey C. Villano and John L. Villano in January 2016 and is headquartered in Branford, CT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Sachem Capital reports record revenue and net income growth in 2022

Sachem Capital's 2022 performance showcased robust revenue growth and increased net income. The company navigated challenges effectively while leveraging its strengths in the mortgage market. Opportunities lie in optimizing loan portfolio and reducing REO.

Sachem Capital posts strong Q1 results, focuses on prudent lending

Sachem Capital's Q1 2023 showcased impressive revenue growth, prudent lending practices, and a focus on strengthening its balance sheet. While challenges exist with rising costs and non-accrual loans, the company's diversified portfolio and liquidity position it well for future uncertainties.

Sachem Capital reports robust Q2 earnings, eyes strategic growth opportunities

Sachem Capital delivered strong financial results in Q2 2023, driven by revenue growth and prudent financial management. With a focus on conservative loan originations and a robust balance sheet, the company remains well-positioned for long-term success. Challenges in loan delinquencies and economic uncertainties require strategic planning and risk management.

Sachem Capital reports robust Q3 earnings and strengthens loan portfolio

Sachem Capital delivered strong financial performance in Q3 2023, driven by revenue growth and effective cost management.
The company's focus on reducing nonperforming loans and maintaining liquidity positions it well for future growth.
While challenges persist, Sachem Capital's strategic strengths and opportunities position it favorably in the lending market.

Sachem Capital reports revenue growth amidst market challenges in 2023

Sachem Capital navigated market challenges to achieve revenue growth in 2023, emphasizing high-quality loan origination and effective portfolio management. Despite facing impairments and lower net income, the company maintained strong liquidity and credit quality.
With a strategic focus on residential and multifamily properties, Sachem Capital aims to capitalize on opportunities for growth and diversification while addressing challenges posed by rising interest rates and material costs.

Sachem Capital reports Q2 revenue of $15.1M, navigates market challenges

Sachem Capital faces challenges in credit losses and operating costs but maintains a strong loan portfolio.
The company's defensive strategy aims to navigate current market conditions for future growth.
Investors should monitor Sachem's liquidity management and underwriting practices closely.

Sachem Capital reports Q3 revenue decline, plans debt management

Sachem Capital faced revenue decline and increased costs in Q3 2024 but took steps to recover through mortgage loan sales and strategic investments. The company's focus on managing debt maturities and addressing analyst inquiries indicates a proactive approach to financial challenges.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

BRANFORD, Conn., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) (the “Company”) announced today that the Company will release its second quarter 2023 financial results after market close on Monday, August 14, 2023. A webcast and conference call to discuss the results will be held on Tuesday, August 15, 2023 at 8:00 a.m. Eastern Daylight Time.

Sachem Capital Sets Dates for Second Quarter 2023 Earnings Release and Conference Call

Global Self Storage

Strawberry Fields REIT Ltd

Whitestone REIT

Agree Realty has returned more than 410% since my article compared with 213% for the S&P 500. STAG has returned 593% since 2011. Which small-cap REIT could repeat?

4 Small-Cap REITs Being Ignored By Wall Street

ARC Document Solutions

Enel Chile

Entravision Communications

Gannett Co.

Pitney Bowes

Pagaya Technologies Ltd

While macro headwinds continue to affect the performance of penny stocks in general, it's been largely a different story with the top penny stocks. Among the thousands of stocks trading for $5 per share or less, a select number of them have performed very well in recent months.

7 Penny Stocks You Better Be Buying on Each and Every Dip

BRANFORD, Conn., July 26, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced today that its board of directors authorized and declared a quarterly dividend of $0.13 per share to be paid to shareholders of record as of the close of trading on the NYSE American on August 7, 2023. The dividend is payable on August 11, 2023.

Sachem Capital Corp. Announces Dividend of $0.13 Per Share

Algonquin Power & Utilities

VAALCO Energy

Kohl's

Altria

Bank of N.T. Butterfield & Son

Sinclair Inc

When it comes to selecting the best dividend stocks, an approach worth exploring is focusing on undervalued high-yield stocks. It's easy to conflate a high dividend yield with a low valuation, but this is often not true.

The 7 Most Undervalued High-Yield Stocks to Buy Now July 2023

AFC Gamma

Apartment Income REIT Corp

BRT Apartments

Ladder Capital

Ready Capital Corp

Chicago Atlantic Real Estate Finance

Before you make any decision about these undervalued REITs, first rest assured that I'll only be delivering facts to the table. Not only can you trust that these investment ideas are actually undervalued by a commonly gauged metric, but each of them also features overall bullish analyst support.

7 Undervalued REITs to Snap Up Now for Cheap

Medical Properties Trust

NewLake Capital Partners, Inc.

Piedmont Office Realty Trust

Vanguard Real Estate ETF

A REIT that yields 10% or higher almost always means that investors perceive very low growth, or even worse, a potential dividend cut.

So You Want High Yield?

ACM Research

Zymeworks Inc

If you're willing to attempt a difficult balancing act in seeking out a discount and potentially imminent upside momentum at roughly the same time, these adventurous undervalued growth stocks could be up your alley. While it might seem too good to be true, with thousands of tradable securities available, at least a few truly compelling ideas will likely slip under the radar.

The 3 Most Undervalued Growth Stocks for Your June Buy List

The company recently released its Q1 2023 results. The company has shown remarkable growth in recent years, and its stock is undervalued.

Sachem Capital: Impressive Growth, Undervalued Stock; Dividend Sustainability Questions Remain

Sachem Capital focuses on short-term lending for "fix-and-flip" purposes. Rotation is slower as borrowers can't obtain a bank refinancing as easily as before.

Sachem Capital: Baby Bonds With A 12.5% Yield To Maturity Are Very Appealing

Sachem Capital Corp. (NYSE:SACH ) Q1 2023 Earnings Conference Call May 15, 2023 8:00 AM ET Company Participants Kevin Reed - ICR John Villano - Chief Executive Officer and Interim Chief Financial Officer Nick Marcello - Vice President, Finance and Operations Conference Call Participants Gaurav Mehta - EF Hutton Tyler Batory - Oppenheimer Christopher Nolan - Ladenburg Thalmann Matthew Erdner - JonesTrading Operator Good morning ladies and gentlemen, and welcome to the Sachem Capital Corp. First Quarter 2023 Earnings Conference Call. At this time, all lines are in a listen-only mode.

Sachem Capital Corp. (SACH) Q1 2023 Earnings Call Transcript

BRANFORD, Conn., May 15, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced its financial results for the quarter ended March 31, 2023. The company will host a conference call today, Monday, May 15, 2023 at 8:00 a.m. Eastern Daylight Time to discuss in greater detail its financial performance and operating results for the first quarter ended March 31, 2023.

Sachem Capital Revenue Increases 42.8% to $14.7 Million for the First Quarter 2023

Butler National Corporation

Comstock Holding Companies

Jerash holdings (US) Inc

When it comes to very undervalued penny stocks to buy in May, investors have many choices. Run a stock screener, and you'll find hundreds of stocks, whether on major U.S. exchanges, or in the over-the-counter (OTC) market, that trade at either a low earnings multiple, or a discount to tangible book value.

7 Very Undervalued Penny Stocks to Buy in May 2023

BRANFORD, Conn., May 09, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) (the “Company”) announced today that the Company will release its first quarter 2023 financial results before market open on Monday, May 15, 2023. A webcast and conference call to discuss the results will be held on Monday, May 15, 2023 at 8:00 a.m. Eastern Time.

Sachem Capital Sets Dates for First Quarter 2023 Earnings Release and Conference Call

Announces the Appointment of CEO John Villano as Interim Chief Financial Officer Announces the Appointment of CEO John Villano as Interim Chief Financial Officer

Sachem Capital Provides Preliminary First Quarter 2023 Financial Results

Arbor Realty Trust

Agree Realty

CTO Realty Growth

EPR Properties

Essential Properties Realty Trust Inc

Global Medical REIT

Innovative Industrial Properties

Iron Mountain

LTC Properties

NETSTREIT Corp

Realty Income Corp

Phillips Edison & Co Inc

Alpine Income Property Trust

Prologis

Postal Realty Trust

Spirit Realty Capital

STAG Industrial

Terreno Realty

Vici Properties

W. P. Carey

"The world's favorite season is the spring. All things seem possible in May." - Edwin Way Teale. It's time for another edition of "Monthly Mailbox Money".

Monthly Mailbox Money In May

National Storage Affiliates Trust

Corporate Office Properties Trust

Simon Property Group

With more signs emerging that interest rate hikes are about to ease (then possibly move lower), you may be thinking now's the time to jump back into real estate investment trusts, or REITs. The question, then, is what are the best REITs to buy?

The 7 Best REITs to Buy for April 2023

Sachem is now trading for 70 cents on the dollar with its commons down 27% over the 12 months. The hard money lender offers a double-digit 14% yield but this is not fully covered by GAAP EPS.

Sachem: 30% Discount To Book And A 14% Yield

Sachem Capital Corp. (NYSE:SACH ) Q4 2022 Results Conference Call March 31, 2023 8:00 AM ET Company Participants Kevin Reed - ICR John Villano - Chief Executive Officer John Warch - Chief Financial Officer Conference Call Participants Matthew Erdner - JonesTrading Gaurav Mehta - EF Hutton Christopher Nolan - Ladenburg Thalmann Tyler Batory - Oppenheimer Chris Muller - JMP Securities Operator Greetings, and welcome to the Sachem Capital Corp. Fourth Quarter and Full Year 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Sachem Capital Corp. (SACH) Q4 2022 Earnings Call Transcript

Sachem Capital Corp. (SACH) delivered earnings and revenue surprises of 18.18% and 14.45%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Sachem Capital Corp. (SACH) Beats Q4 Earnings and Revenue Estimates

Conference Call and Webcast to be held at 8:00 AM ET on Friday, March 31, 2023 Conference Call and Webcast to be held at 8:00 AM ET on Friday, March 31, 2023

Sachem Capital Reports Record 2022 Annual Revenue of $52.3 Million and Net Income Attributable to Common Shareholders of $17.2 Million or $0.46 per Share

BRANFORD, Conn., March 28, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) (the “Company”) announced today that the Company will release its 2022 financial results after market close on Thursday, March 30, 2023. A webcast and conference call to discuss the results will be held on Friday, March 31, 2023 at 8:00 a.m. Eastern Time.

Sachem Capital Sets Dates for 2022 Earnings Release and Conference Call

SACH has several high yielding baby bonds with yields to maturity in the 12.5% range. On the other hand, the more risky Sachem preferred stock (SACH.PA) currently sells at a higher price than the SACH baby bonds with a much lower current yield of 9.1%.

Sell The Sachem Preferred Stock And Buy Sachem Bonds

Given SACH's competitive advantage and the potential in its market, the company's new credit facility has been met with a great deal of optimism. The recent drop in the company's share price has contributed to poor investor sentiment, which I believe will lead to a further decline in share price.

Sachem Capital: Deteriorating Investor Sentiment Overshadows The Growth Potential

Royce Value Trust

When you find great value available, it's wise to lock it up immediately for your benefit. Life is getting more expensive; you need income to match it.

Lock Up These Two +8% Yields And Never Let Go

News for Sachem Capital Stock (SACH)