Funds and ETFs Sachem Capital Corp.

Equities

SACH

US78590A1097

Specialized REITs

Market Closed - Nyse 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
3.25 USD +2.20% Intraday chart for Sachem Capital Corp. +1.88% -13.10%
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.
More about the company
Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
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%
Consensus
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