Sachem Capital Stock Price, News & Analysis

Sachem Capital (NYSE American: SACH) has scheduled its second quarter 2025 financial results announcement for Tuesday, August 5, 2025, before market open. The company will host a conference call and webcast on the same day at 8:00 a.m. Eastern Time to discuss the results.

Investors can access the webcast through the company's website at www.sachemcapitalcorp.com. For telephone participation, domestic callers can dial 1-844-825-9789, while international callers should use 1-412-317-5180. A playback will be available until August 19, 2025, using passcode 10201468.

Sachem Capital Corp (NYSE: SACH) has successfully closed a $100 million Senior Secured Notes offering due June 2030 through its subsidiary. The Notes, rated 'A' by Egan-Jones, carry a 9.875% fixed interest rate with quarterly interest payments. The company made an initial draw of $50 million at closing, with the remaining $50 million available until May 2026. The Notes include a 1% commitment fee on undrawn amounts and are guaranteed by Sachem Capital Corp and its subsidiary. The proceeds will be used to repay existing facilities, fund new investments, and redeem 7.75% unsecured notes maturing in September 2025. Ladenburg Thalmann acted as the exclusive placement agent for this private placement to institutional investors.

Sachem Capital Corp (NYSE American: SACH), a real estate lender focused on first mortgage loans, has announced two dividend distributions. The company declared a quarterly common stock dividend of $0.05 per share, payable on June 30, 2025, to shareholders of record as of June 16, 2025. Additionally, holders of the company's 7.75% Series A Cumulative Redeemable Preferred Stock will receive a quarterly dividend of $0.484375 per share, payable on June 30, 2025, to shareholders of record as of June 15, 2025. The preferred dividend covers the period from March 30, 2025, through June 29, 2025.

Sachem Capital Corp (NYSE: SACH), a real estate lender specializing in first mortgage loans, reported its Q1 2025 financial results. Total revenue declined to $11.4 million from $16.8 million in Q1 2024, primarily due to reduced loan originations and elevated nonperforming loans. The company reported a net loss of $213,000 ($0.00 per share) compared to net income of $3.6 million ($0.08 per share) in Q1 2024. Operating expenses decreased to $10.4 million from $12.5 million year-over-year. Total assets remained stable at $491.4 million, with total liabilities of $312.1 million. Book value per share decreased to $2.57 from $2.64 at year-end 2024. The company maintained its REIT status and paid dividends of $0.05 per common share and $0.484375 per Series A Preferred Share in March 2025.

Sachem Capital (NYSE American: SACH) has scheduled its first quarter 2025 financial results announcement for Thursday, May 1, 2025, before market open. The company will host a conference call and webcast on the same day at 8:00 a.m. Eastern Time to discuss the results.

Investors can access the webcast through the company's website at www.sachemcapitalcorp.com. For telephone participation, domestic callers can dial 1-877-704-4453, while international callers should use 1-201-389-0920. A playback will be available until May 15, 2025, accessible via domestic (1-844-512-2921) and international (1-412-317-6671) numbers with passcode 13752977.

Sachem Capital Corp. (NYSE American: SACH) reported its financial results for the year ended December 31, 2024, showing significant challenges. Total revenue declined to $57.5 million from $64.7 million in 2023, while interest income decreased to $43.2 million from $49.3 million.

The company reported a net loss of $43.9 million ($0.93 per share) compared to net income of $12.1 million ($0.27 per share) in 2023. Total assets decreased to $492.0 million from $620.9 million, primarily due to a $130.5 million reduction in loans held for investment. Total liabilities reduced to $310.3 million from $390.8 million.

The company maintained its dividend payments, declaring a $0.05 quarterly dividend per common share and $0.484375 per Series A Preferred Stock share for March 2025.

Sachem Capital Corp (NYSE American: SACH) has declared a quarterly dividend of $0.05 per common share. The dividend will be paid to shareholders of record as of March 17, 2025, with payment scheduled for March 31, 2025.

The company also announced it will release its fourth quarter 2024 financial results before market open on March 27, 2025, followed by a webcast and conference call at 8:00 a.m. Eastern Time to discuss the results.

Sachem Capital Corp. (NYSE American: SACH) has released its tax treatment information for 2024 distributions on common and preferred stock. For common stock, the company paid total distributions of $0.24 per share, distributed across three payments: $0.11 (April), $0.08 (August), and $0.05 (November). All common stock distributions were classified as nondividend distributions.

For preferred stock, SACH distributed a total of $1.9375 per share through four quarterly payments of $0.484375 each, all classified as nondividend distributions. The company operates as a mortgage REIT, specializing in short-term secured loans for real estate investors, focusing on properties held for resale or investment with first mortgage liens.

Sachem Capital Corp. (NYSE American: SACH) has announced the scheduled maturity and full repayment of its 6.875% unsecured, unsubordinated Notes (ticker: SACC) on December 30, 2024. The company will redeem the Notes at par value plus accrued and unpaid interest. The final trading day for these Notes is expected to be December 27, 2024, after which no Notes will remain outstanding. Note holders do not need to take any action and will be directly notified about the redemption process details.