SACH News and Press, Sachem Capital Corp. From 11/13/23

2023-11-13 16:17:47 ET More on Sachem Capital Sachem Capital: 10.5% Baby Bond Bargain Is Safer Than You Think Sachem Capital Is Struggling For Spreads On Limited Capital Sachem Capital: Selling Overpriced Baby Bonds To Secure A 9-11% Yield Sachem Capital Q3 2...

BRANFORD, Conn., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) (the “Company”) announced today that the Company will release its third quarter 2023 financial results after market close on Monday, November 13, 2023. A webcast and conference call to disc...

2023-10-29 09:30:00 ET Summary U.S. equity markets remained under pressure this week despite a retreat in benchmark interest rates as concerns over Middle East instability offset economic data showing decent growth and moderating inflation. Posting its worst October in five-years ...

2023-10-23 16:33:05 ET More on Sachem Capital Sachem Capital: 10.5% Baby Bond Bargain Is Safer Than You Think Sachem Capital Is Struggling For Spreads On Limited Capital Sachem Capital: Selling Overpriced Baby Bonds To Secure A 9-11% Yield Sachem Capital GAAP...

BRANFORD, Conn., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced today that its board of directors authorized and declared a quarterly dividend of $0.11 per share to be paid to shareholders of record as of the close of trading on the NYSE American on October...

2023-09-19 12:00:00 ET Summary In this article, I make the case that Sachem baby bonds are very undervalued. Sachem Capital is an unusual mortgage REIT that has several baby bonds with yields up to 10.59%. However, its debt levels are much lower than those of other mREITs. ...

2023-09-18 10:01:00 ET Summary Sachem Capital grew too much too fast, and the money they raised to do it came at a high price. The company's loan book has grown significantly, but net income has lagged behind. Moreover, there has been a big spike in bad loans. Sachem's high de...

2023-09-08 10:30:00 ET Summary Sachem Capital baby bonds offer a level of comfort as they rank senior to shareholders and preferred shareholders. The article discusses the different options in the Sachem baby bond spectrum, including their coupons, prices, and maturity dates. ...

2023-08-20 09:00:00 ET Summary U.S. equity markets slumped for a third-straight week on concern over the implications of a "higher-for-longer" interest rate environment as resilient economic data provided fresh support for hawkish Fed posturing. Closing below its 50-day moving ave...

2023-08-19 11:40:00 ET Summary Sachem Capital's financial results were robust in the second quarter, with a net profit of $5.7M. The company's loan loss provisions were lower than the previous year, but the dividend is not fully covered by earnings. The preferred shares offer ...