Sachem Capital (SACH)
:SACH
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Sachem Capital
(SACH)
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Rating:57Neutral
Price Target:
$1.00
▼(-4.76% Downside)
Action:ReiteratedDate:04/11/26
The score is held back primarily by weakened financial performance (recent losses, negative returns, and leverage risk) despite positive operating/free cash flow. Valuation is supportive with a low P/E and very high dividend yield, while technicals show moderate positive momentum. Corporate events add a modest positive tilt due to funding-term extensions and signs of stabilization, but margin and book-value pressure temper the impact.
Positive Factors
Cash generation
Sachem demonstrates durable cash-generation ability: operating and free cash flow were positive in 2024 and TTM and free cash flow broadly tracked net income. Consistent cash generation supports dividend funding, deleveraging or opportunistic lending even if earnings stay volatile, improving financial flexibility over the next several quarters.
Negative Factors
Elevated leverage
The company operates with significant financial leverage by design, but sustained debt-to-equity near and above 1x amplifies earnings volatility and limits strategic flexibility. If credit or margin pressure persists, leverage increases the risk of balance-sheet stress and constrains capital allocation for dividends or growth over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation
Sachem demonstrates durable cash-generation ability: operating and free cash flow were positive in 2024 and TTM and free cash flow broadly tracked net income. Consistent cash generation supports dividend funding, deleveraging or opportunistic lending even if earnings stay volatile, improving financial flexibility over the next several quarters.
Read all positive factors
Sachem Capital (SACH) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$50.37M
Dividend Yield19.8%
Average Volume (3M)199.94K
Price to Earnings (P/E)7.7
Beta (1Y)0.49
Revenue Growth-63.70%
EPS Growth-325.57%
CountryUS
Employees28
SectorReal Estate
Sector Strength53
IndustryREIT - Mortgage
Share Statistics
EPS (TTM)-0.08
Shares Outstanding47,967,170
10 Day Avg. Volume136,577
30 Day Avg. Volume199,938
Financial Highlights & Ratios
PEG Ratio-0.07
Price to Book (P/B)0.28
Price to Sales (P/S)1.04
P/FCF Ratio19.51
Enterprise Value/Market Cap6.30
Enterprise Value/Revenue8.38
Enterprise Value/Gross Profit8.54
Enterprise Value/Ebitda16.83
Forecast
1Y Price Target
$1.25Price Target Upside19.05% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)0.06
Revenue Forecast (FY)$47.29M
Sachem Capital Business Overview & Revenue Model
Company Description
Sachem Capital Corp. operates as a real estate finance company. The company is involved in the originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real property located pri...
How the Company Makes Money
Sachem Capital makes money primarily through the economics of its real estate loan portfolio. Its key revenue stream is interest income earned on the principal balance of mortgage loans it originates and holds, typically structured as short-durati...
Sachem Capital Earnings Call Summary
Earnings Call Date:Nov 05, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:May 08, 2026
Earnings Call Sentiment Neutral
The earnings call detailed several positive developments, such as improved financial flexibility, reduction in nonperforming loans, and revenue growth. However, significant challenges persist, particularly with the Naples project, nonaccrual loan balances, and a decline in book value. While there are signs of operational improvement, the impact of existing challenges balances the sentiment.Positive Updates
Improved Financial Flexibility
The company fully repaid and delisted SCCC 7.75% unsecured unsubordinated notes due September 30, 2025, enhancing financial flexibility and reflecting the strength of the balance sheet.
Negative Updates
Significant Nonaccrual Loan Balance
The Naples project accounts for $50.4 million, representing 13.4% of the mortgage loan portfolio, and continues to weigh on earnings.
Read all updates
Q3-2025 Updates
Positive
Negative
Improved Financial Flexibility
The company fully repaid and delisted SCCC 7.75% unsecured unsubordinated notes due September 30, 2025, enhancing financial flexibility and reflecting the strength of the balance sheet.
Read all positive updates
Company Guidance
During the third quarter of 2025, Sachem Capital Corp. made significant strides in fortifying its financial position and managing its portfolio. The company successfully repaid and delisted its 7.75% unsecured notes due September 30, 2025, using proceeds from a senior secured private placement and other financial resources, improving its financial flexibility. Gross unpaid principal balance of nonperforming loans decreased to $104.1 million from $119.6 million, with net amounts dropping from $102 million to $93 million. The REO net increased slightly by $300,000 or 1.5%. Interest and late fees collected on nonperforming loans totaled $2.35 million, comprising $1.95 million in interest income. The book value per share decreased by 2.8% to $2.47. The company’s Naples project remains a critical focus, with two cross-collateralized loans totaling $50.4 million, representing 13.4% of the mortgage loan portfolio. Sachem Capital continues to work on resolving these legacy assets while capitalizing on new loan opportunities, maintaining a robust pipeline, and focusing on single-family and multifamily residential assets in strong markets.Sachem Capital Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
46
Neutral
Cash Flow
55
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Mar 2024 | Dec 2022 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 47.06M | 57.50M | 29.97M | 30.62M | 20.00M |
| Gross Profit | 46.01M | 35.16M | 29.97M | 30.62M | 20.00M |
| EBITDA | 32.22M | -11.35M | 0.00 | 0.00 | 0.00 |
| Net Income | 6.31M | -39.57M | 15.90M | 20.91M | 13.32M |
Balance Sheet | |||||
| Total Assets | 460.05M | 491.98M | 620.89M | 565.66M | 417.96M |
| Cash, Cash Equivalents and Short-Term Investments | 11.86M | 19.58M | 12.60M | 48.29M | 102.57M |
| Total Debt | 277.84M | 268.19M | 345.89M | 284.39M | 194.46M |
| Total Liabilities | 285.11M | 310.32M | 390.82M | 347.95M | 237.88M |
| Stockholders Equity | 174.94M | 181.65M | 230.08M | 217.71M | 180.08M |
Cash Flow | |||||
| Free Cash Flow | 2.50M | 12.81M | 21.86M | 11.57M | 26.98M |
| Operating Cash Flow | 2.66M | 12.89M | 21.86M | 13.15M | 27.81M |
| Investing Cash Flow | 29.35M | 79.91M | -72.49M | -159.54M | -166.00M |
| Financing Cash Flow | -39.15M | -87.33M | 39.52M | 128.16M | 160.72M |
Sachem Capital Technical Analysis
Positive
1.05
Price Trends
0.99
Positive
0.99
Positive
1.01
Positive
Market Momentum
0.01
Negative
62.52
Neutral
71.48
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SACH, the sentiment is Positive. The current price of 1.05 is above the 20-day moving average (MA) of 1.00, above the 50-day MA of 0.99, and above the 200-day MA of 1.01, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 62.52 is Neutral, neither overbought nor oversold. The STOCH value of 71.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SACH.
Sachem Capital Risk Analysis
Sachem Capital disclosed 67 risk factors in its most recent earnings report. Sachem Capital reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Sachem Capital Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | $50.52M | 10.41 | 11.81% | 9.28% | -8.80% | -5.99% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
65 Neutral | $188.68M | 7.07 | 5.46% | 13.82% | -18.06% | -18.94% | |
57 Neutral | $50.37M | 7.73 | 3.56% | 19.80% | -63.70% | -325.57% | |
55 Neutral | $98.46M | -25.12 | 2.95% | 21.65% | 22.14% | ― | |
46 Neutral | $67.07M | ― | -1.20% | 23.03% | -31.69% | -72.10% | |
45 Neutral | $65.16M | -1.19 | -7.12% | 7.97% | -28.13% | 62.49% |
* Real Estate Sector Average
SACH
Sachem Capital
1.05
0.18
20.00%
LOAN
Manhattan Bridge Capital
4.42
-0.27
-5.68%
SEVN
Seven Hills Realty Trust
8.35
-1.76
-17.42%
LFT
Lument Finance Trust
1.28
-1.01
-44.18%
CHMI
Cherry Hill Mortgage
2.68
0.42
18.43%
GPMT
Granite Point Mortgage
1.35
-0.27
-16.72%
Sachem Capital Corporate Events
Business Operations and StrategyDividendsFinancial DisclosuresPrivate Placements and Financing
Sachem Capital Reports 2025 Results, Highlights Stabilization Efforts
Positive
Mar 18, 2026
Sachem Capital Corp., a mortgage REIT specializing in short-term, first-lien real estate loans to investors, reported its full-year 2025 results on March 12, 2026, highlighting a strategy centered on conservative underwriting and balance-sheet dis...
Dividends
Sachem Capital Declares Quarterly Common and Preferred Dividends
Positive
Mar 5, 2026
On March 4, 2026, Sachem Capital Corp. announced that its board of directors declared a quarterly dividend of $0.05 per common share, payable on March 30, 2026, to shareholders of record as of March 15, 2026. The board also approved a quarterly di...
Business Operations and StrategyPrivate Placements and Financing
Sachem Capital Extends Revolving Credit Facility Maturity
Positive
Jan 22, 2026
On January 21, 2026, Sachem Capital Corp. amended its existing $50 million revolving credit facility with Needham Bank, extending the maturity date from March 2, 2026 to March 2, 2028 and adding a new conditional one-year extension option to March...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.