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Sachem Capital ( (SACH) ) has issued an announcement.
Sachem Capital Corp. reported its first-quarter 2025 financial results, highlighting a stable balance sheet despite a decrease in total revenue to $11.4 million from $16.8 million in the same quarter of 2024. The decline was attributed to fewer loan originations and an increase in nonperforming loans. The company experienced a net loss of $213,000 attributable to common shareholders, contrasting with a net income of $3.6 million in the first quarter of 2024. Despite these challenges, Sachem Capital remains focused on managing its loan portfolio and capitalizing on investment opportunities while maintaining liquidity and shareholder value.
Spark’s Take on SACH Stock
According to Spark, TipRanks’ AI Analyst, SACH is a Neutral.
Sachem Capital’s low overall score is primarily due to its negative financial performance, with significant losses and declining equity. Despite efforts to stabilize through diversification and expense cuts, the company faces challenges with high non-performing loans and macroeconomic pressures. Its technical indicators suggest a bearish trend, and valuation metrics indicate financial distress despite a high dividend yield. Positive steps in corporate strategy provide some hope but require cautious optimism.
To see Spark’s full report on SACH stock, click here.
More about Sachem Capital
Sachem Capital Corp. is a mortgage REIT specializing in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property. It offers short-term secured, nonbanking loans to real estate investors for property acquisition, renovation, development, rehabilitation, or improvement. The company focuses on a conservative loan-to-value ratio and makes opportunistic real estate purchases apart from its lending activities.
YTD Price Performance: -21.36%
Average Trading Volume: 352,376
Technical Sentiment Signal: Buy
Current Market Cap: $48.26M
For an in-depth examination of SACH stock, go to TipRanks’ Stock Analysis page.