Analyst Price Target is $4.67
▲ +5.22% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Sachem Capital in the last 3 months. The average price target is $4.67, with a high forecast of $5.00 and a low forecast of $4.50. The average price target represents a 5.22% upside from the last price of $4.44.
Current Consensus is
Buy
The current consensus among 3 polled investment analysts is to buy stock in Sachem Capital. This Buy consensus rating has held steady for over two years.
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 primarily in Northeastern United States and Florida. It offers loans to real estate investors and owners to fund their acquisition, renovation, rehabilitation, development, and/or improvement of residential or commercial properties. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal income taxes if it distributes at least 90% of its taxable income each year to its stockholders. Sachem Capital Corp. was founded in 2010 and is based in Branford, Connecticut.
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