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SACH News and Press, Sachem Capital Corp. From 04/03/23

Stock Information

Company Name: Sachem Capital Corp.
Stock Symbol: SACH
Market: NYSE
Website: sachemcapitalcorp.com

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

2023-04-03 04:23:02 ET Summary 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. Tangible book value per share has been in decline on t...

SACH - Wild Quarter Ends With Optimism

2023-04-02 09:00:00 ET Summary U.S. equity markets concluded a wild first-quarter with their best week of 2023 as easing contagion concerns and further evidence of cooling price pressures lifted markets to a third-straight weekly gain. Pushing its gains to 7.5% for the quarter, th...

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

2023-03-31 19:32:10 ET Sachem Capital Corp. (SACH) Q4 2022 Results Conference Call March 31, 2023 08:00 AM ET Company Participants Kevin Reed - ICR John Villano - Chief Executive Officer John Warch - Chief Financial Officer Conference Call Participants ...

SACH - Sachem Capital posts earnings beat for 2022 on robust loan portfolio

2023-03-30 17:41:23 ET Sachem Capital ( NYSE: SACH ) stock advanced 2.8% in Thursday after-hours trading as an increase in the real estate finance company's lending operations led to stronger-than-expected earnings and revenue for 2022. Full-year EPS of $0.46 , excee...

SACH - Sachem Capital GAAP EPS of $0.46 beats by $0.01, revenue of $52.28M beats by $2.58M

2023-03-30 16:25:01 ET Sachem Capital press release ( NYSE: SACH ): FY GAAP EPS of $0.46 beats by $0.01 . Revenue of $52.28M (+71.9% Y/Y) beats by $2.58M . For further details see: Sachem Capital GAAP EPS of $0.46 beats by $0.01, revenue of $52.28M beats ...

SACH - 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 30, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced its financial results for the year ended December 31, 2022. The company will host a conference call on Friday, March 31, 2023 at 8:00 a.m. Eastern Time to discuss in greater detail its financi...

SACH - Notable earnings after Thursday's close

2023-03-29 17:35:59 ET Major earnings expected after the bell on Thursday include: BlackeBerry Limited ( BB ) Skillz ( SKLZ ) Canoo ( GOEV ) IonQ ( IONQ ) Astra Space ( ASTR ) For further details see: Notable earnings after Thursday's close

SACH - Sachem Capital Sets Dates for 2022 Earnings Release and Conference Call

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 result...

SACH - Sell The Sachem Preferred Stock And Buy Sachem Bonds

2023-03-24 12:00:00 ET Summary 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...

SACH - Mortgage REITs And The Big Bad Wolf

2023-03-24 01:32:28 ET Summary Those readers who are not familiar with "The Three Little Pigs" are advised to stop reading immediately, drop everything, and please review that cautionary tale before proceeding any further. Rising interest rates are the huffing and puffing Big Bad ...

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