SACHEM CAPITAL CORP. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.25 USD | +2.20% |
|
+1.88% | -13.10% |
Presentation Operator MessageOperator (Operator)Greetings, and welcome to the Sachem Capital C...
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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.
Sector
Specialized REITs
Calendar
2024-05-12
- Q1 2024 Earnings Release (Projected)
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
3.25
USD
Average target price
4.417
USD
Spread / Average Target
+35.90%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -13.10% | 154M | |
| -2.53% | 9.45B | |
| -4.89% | 6.72B | |
| -7.23% | 6.12B | |
| +4.96% | 5.42B | |
| -15.80% | 3.15B | |
| -15.55% | 2.43B | |
| -8.01% | 1.54B | |
| -13.66% | 1.53B | |
| -4.43% | 1.41B |
- Stock Market
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- SACH Stock
- News Sachem Capital Corp.
- Transcript : Sachem Capital Corp., 2022 Earnings Call, Mar 31, 2023
