Sachem Capital Corp. (SACH)
AMEX AMEX Primary 
SACH vs. BX: Which Stock Should Value Investors Buy Now?
Investors interested in Financial - Miscellaneous Services stocks are likely familiar with Sachem Capital Corp. (SACH) and Blackstone Inc. (BX). But which of these two companies is the best option for those looking for undervalued stocks?
Are Investors Undervaluing Sachem Capital (SACH) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Sachem Capital Corp. (SACH) Reports Q2 Loss, Misses Revenue Estimates
Sachem Capital Corp. (SACH) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of $0.11. This compares to earnings of $0.11 per share a year ago.
Sachem Capital: Dividend Cut Highlights 12% Yielding Bond Opportunity
Sachem Capital specializes in short-term mortgage loans, and is currently experiencing share price volatility, but is offering baby bonds with yields between 11-12%. Despite the revenue increase, expenses rose, causing net income to decline. Balance sheet remained steady, with assets primarily consisting of mortgages and investments. Dividend cut due to lower demand for mortgages affecting cash flow. Management's decision to reduce dividend shows good decision-making to prevent further turmoil.
Sachem Capital: Risk-Reward Improves
Sachem Capital's share price has dropped almost 30%, pushing the yield over 15%. The balance sheet shows improvements with increased cash and liquidity preservation efforts. Short-term cuts may occur, but the future outlook remains positive with the potential for stable dividends and long-term viability, making SACH stock a Buy.
