Sachem Capital CorpSACH
Market Cap: $125M
About: Sachem Capital Corp is a United States-based real estate investment trust. The company specializes in originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real property located in Connecticut. Its primary objective is to grow the loan portfolio while protecting and preserving capital in a manner that provides for attractive risk-adjusted returns to shareholders over the long term through dividends. The company earns majority of its revenue through Interest income from loans.
Employees: 32
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
367% more call options, than puts
Call options by funds: $56K | Put options by funds: $12K
28% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 18
5.21% less ownership
Funds ownership: 25.52% [Q1] → 20.31% (-5.21%) [Q2]
34% less funds holding
Funds holding: 89 [Q1] → 59 (-30) [Q2]
52% less capital invested
Capital invested by funds: $51.6M [Q1] → $25M (-$26.6M) [Q2]
83% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 36
100% less funds holding in top 10
Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Oppenheimer Tyler Batory 81% 1-year accuracy 21 / 26 met price target | 51%upside $4 | Outperform Maintained | 19 Aug 2024 |
Financial journalist opinion
Based on 4 articles about SACH published over the past 30 days