Equities
FinancialsMortgage Real Estate Investment Trusts
  • Price (USD)2.73
  • Today's Change0.09 / 3.41%
  • Shares traded528.85k
  • 1 Year change-27.01%
  • Beta1.7154
Data delayed at least 15 minutes, as of Jul 26 2024 21:10 BST.
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About the company

Sachem Capital Corp. is a mortgage real estate investment trust (REIT) that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property. It offers short-term secured, nonbanking loan to real estate investors to fund their acquisition, renovation, development, rehabilitation, or improvement of properties. Its typical borrower is a real estate investor or developer who uses the proceeds of the loan to fund its acquisition, renovation, rehabilitation, development and/or improvement of residential or commercial properties and that are held for investment or sale. Its primary objective is to grow its loan portfolio while protecting and preserving capital in a manner that provides for attractive risk-adjusted returns to its shareholders over the long term through dividends. The mortgaged property may or may not be income-producing. Its loans are referred to in the real estate finance industry as hard money loans.

  • Revenue in USD (TTM)68.10m
  • Net income in USD11.56m
  • Incorporated2016
  • Employees32.00
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Institutional shareholders

16.94%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 31 Mar 20242.27m4.78%
Melia Wealth LLCas of 31 Mar 20242.25m4.75%
Bard Associates, Inc.as of 31 Mar 2024620.67k1.31%
Millennium Management LLCas of 31 Mar 2024593.44k1.25%
BlackRock Fund Advisorsas of 31 Mar 2024517.48k1.09%
Geode Capital Management LLCas of 31 Mar 2024465.32k0.98%
US Financial Advisors LLCas of 31 Mar 2024372.56k0.79%
Susquehanna Financial Group LLLPas of 31 Mar 2024355.85k0.75%
Jane Street Capital LLCas of 31 Mar 2024306.59k0.65%
Goldman Sachs & Co. LLC (Private Banking)as of 31 Mar 2024284.67k0.60%
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Data from 31 Mar 2024 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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