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SACH News and Press, Sachem Capital Corp. From 05/15/23

Stock Information

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

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

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 it...

SACH - Sachem Capital Q1 2023 Earnings Preview

2023-05-12 14:38:20 ET Sachem Capital ( NYSE: SACH ) is scheduled to announce Q1 earnings results on Monday, May 15th, after market close. The consensus EPS Estimate is $0.14 and the consensus Revenue Estimate is $13.98M (+35.7% Y/Y). Over the last 3 months, EPS estima...

SACH - Notable earnings before Monday's open

2023-05-12 10:44:38 ET Major earnings expected before the bell on Monday include: Adamis Pharmaceuticals ( ADMP ) CV Sciences ( OTCQB:CVSI ) Sundial Growers ( SNDL ) Sunworks ( SUNW ) Workhorse Group ( WKHS ) For further details see: Notab...

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

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 th...

SACH - Sachem Capital GAAP EPS of $0.10 misses by $0.03, revenue of $14.7M beats by $0.28M

2023-05-08 16:56:00 ET Sachem Capital press release ( NYSE: SACH ): Q1 GAAP EPS of $0.10 misses by $0.03 . Revenue of $14.7M (+42.7% Y/Y) beats by $0.28M . For further details see: Sachem Capital GAAP EPS of $0.10 misses by $0.03, revenue of $14.7M beats ...

SACH - Sachem Capital Provides Preliminary First Quarter 2023 Financial Results

BRANFORD, Conn., May 08, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced preliminary financial results for the quarter ended March 31, 2023. The Company also announced that Chief Executive Officer John Villano, CPA, was appointed interim Chief Financial Officer, effe...

SACH - Ladder Capital: Still My No. 1 Mortgage REIT Pick For 2023

2023-05-02 07:00:00 ET Summary Ladder Capital Corp’s dividend yield is 9.9%, lower than the peer average of 13.7%. Of course, one of the reasons that Ladder Capital Corp’s yield is lower is because the company has a much lower payout ratio. I made a small fortune...

SACH - Monthly Mailbox Money In May

2023-05-01 07:00:00 ET Summary "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". However, this May edition is special, let me tell you why. Happy May! ...

SACH - Mortgage REITs Ranked By Quality (And Some Words Of Caution)

2023-04-19 15:14:08 ET Summary Most mREITs are likely to continue to underperform in a high-rate environment. Some observers are already predicting an end to fed funds rate hikes, but I suspect those predictions could be premature. Over most time periods, even mREIT gaine...

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...

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