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Sachem Capital Corp - SACH STOCK NEWS

Welcome to our dedicated news page for Sachem Capital (Ticker: SACH), a resource for investors and traders seeking the latest updates and insights on Sachem Capital.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sachem Capital's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sachem Capital's position in the market.

News
Sachem Capital Reports Full Year 2023 Results
Rhea-AI Summary
Sachem Capital Corp. (SACH) reported a 25.5% increase in total revenue for the year ended December 31, 2023, reaching $65.6 million. Despite revenue growth, net income attributable to common shareholders declined by 29.4% and earnings per share by 40.1% due to challenges in the macroeconomic environment, including rising interest rates and weak commercial real estate values. The company's focus remains on controlling what it can to protect capital and enhance shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.71%
Tags
earnings
-
News
Sachem Capital Corp. Announces Dividend of $0.11 Per Share
Rhea-AI Summary
Sachem Capital Corp. (SACH) declares a quarterly dividend of $0.11 per share for shareholders of record on April 9, 2024, payable on April 16, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.71%
Tags
dividends
-
News
Sachem Capital Sets Dates for 2023 Earnings Release and Conference Call
Rhea-AI Summary
Sachem Capital Corp. (SACH) is set to release its 2023 financial results on April 1, 2024, followed by a webcast and conference call to discuss the results. Investors can access the webcast on the company's website and participate in the conference call by dialing in. The playback of the conference call will be available until April 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.71%
Tags
earnings
News
Sachem Capital Corp. Announces Tax Reporting Information
Rhea-AI Summary
Sachem Capital Corp. (SACH) announced the tax treatment for the Company's distributions on its common stock and preferred stock paid with respect to the calendar year ended December 31, 2023. The total tax information for common stock distributions amounted to $0.480000 per share, with no capital gains or non-dividend distributions. On the other hand, the total tax information for preferred stock distributions was $1.937500 per share, also with no capital gains or non-dividend distributions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
none
-
News
Sachem Capital Corp. Announces Dividend of $0.11 per Share
Rhea-AI Summary
Sachem Capital Corp. (NYSE American: SACH) declares a quarterly dividend of $0.11 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
Tags
dividends
-
News
Sachem Capital Reports Third Quarter 2023 Results – Produces Revenue Growth of 29.5% to $17.5 Million
Rhea-AI Summary
Sachem Capital Corp. (NYSE American: SACH) announced its financial results for the third quarter ended September 30, 2023. The company demonstrated its ability to grow revenue and profits, with a focus on deliberate underwriting and conservative approach to balance sheet leverage. Total revenue grew 29.5% to $17.5 million, and net income attributable to common shareholders was $5.2 million. The company also reported a 12.8% growth in total assets and a $17.8 million rise in total shareholders' equity. A quarterly dividend of $0.11 per share was paid to shareholders, and a webcast and conference call to discuss the financial results will be hosted on November 14, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.53%
Tags
earnings
News
Sachem Capital Sets Dates For Third Quarter 2023 Earnings Release And Conference Call
Rhea-AI Summary
Sachem Capital Corp. (NYSE American: SACH) announced the release of its third quarter 2023 financial results on November 13, 2023, followed by a webcast and conference call on November 14, 2023, at 8:00 a.m. Eastern Standard Time. The webcast will be available on the Investors section of the Company’s website. To participate in the conference call, dial 1-844-825-9789 (Domestic) or 1-412-317-5180 (International) at least 15 minutes prior to the start time. Conference call playback will be accessible until November 28, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
Tags
earnings
-
News
Sachem Capital Corp. Announces Dividend of $0.11 Per Share
Rhea-AI Summary
Sachem Capital Corp. declares quarterly dividend of $0.11 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.54%
Tags
dividends
-
News
Sachem Capital Reports Second Quarter 2023 Results – Produces Record Revenue Growth of 31.2% to $16.5 Million
Rhea-AI Summary
Sachem Capital Corp. announced its financial results for the second quarter of 2023, reporting a total revenue growth of 31.2% to approximately $16.5 million. The company's net income attributable to common shareholders for the quarter was approximately $4.8 million, or $0.11 per share. Total assets grew 10.3% to approximately $624.0 million, while total liabilities increased to approximately $395.0 million. The company paid a quarterly dividend of $0.13 per share to shareholders of record. Sachem Capital Corp. will host a webcast and conference call to discuss its financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.62%
Tags
earnings
News
Sachem Capital Sets Dates for Second Quarter 2023 Earnings Release and Conference Call
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
Tags
earnings
Stock SACH logo
Sachem Capital Corp

NYSE:SACH

SACH Rankings

#3964 Ranked by Market Cap
#3087 Ranked by Stock Gains
#51 Ranked by Dividends

SACH Stock Data

152.30M
45.34M
4.49%
22.43%
1.97%
Savings Institutions
Finance and Insurance
Link
United States
Branford

About SACH

since 2010, sachem capital has been financing opportunistic real estate transactions in the new england area. sachem capital provides quick, short-term bridge capital for real estate investors, builders or developers who need immediate funding or to solve an immediate problem. our creative real estate financing solutions are developed exclusively for those seeking alternatives to conventional bank loans. the executive team has extensive experience in real estate acquisitions, investments, management and development. our hands-on managers have the expertise to quickly assess complex opportunities and non-conventional situations to deliver a closing product that is efficient and opportunistic to our borrowers, and profitable to our shareholders. sachem capital was listed on the nyse on february 10, 2017. the company was designed to address the constant volatility and instability in today's financial markets. we are exited to share with you this extraordinary opportunity to seize favorabl