NYSE$SACH
Sachem Capital Corp · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported a 56% revenue increase due to growth in lending operations and net income of $2.5 million.
Sachem Capital Corp. reported a strong second quarter in 2021 with a 56% increase in revenue, driven by growth in lending operations. The company achieved a net income of $2.5 million and significantly enhanced its balance sheet with increased cash, cash equivalents, and investment securities.
- Revenue increased by 56% compared to the same period last year.
- Net income reached $2.5 million.
- Cash, cash equivalents, and investment securities totaled approximately $106.7 million.
- A $200 million master repurchase financing facility was announced to reduce the cost of capital.
Headline financials
Revenue & EPS history
Sachem Capital · Revenue · Quarterly
$6.71M
Forward guidance
Sachem Capital anticipates a favorable competitive landscape and a robust loan pipeline, positioning them to capitalize on market demand for their loan products for the remainder of 2021 and beyond.
Tailwinds
- Well capitalized to take advantage of market demand.
- Strong balance sheet allows funding of larger loans.
- Loans secured by high quality properties owned by established developers.
- Expanding geographic footprint.
- Favorable competitive landscape.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2021
+0.2%
Avg return
Earnings day
-1.4%
Avg return
5 days after
-0.1%
Avg return
30 days after
46%
17 / 37 earnings
Positive
+37.6%
Q1 2026
Best reaction
-18.8%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +37.6% | +19.8% | -7.6% | |
| Q4 2025 | +1.5% | -11.5% | -3.7% | |
| Q3 2025 | +1.0% | +0.9% | +2.8% | |
| Q2 2025 | -1.8% | -2.6% | +6.9% | |
| Q1 2025 | -3.9% | -6.5% | -4.2% | |
| Q4 2024 | -9.6% | +0.9% | -10.4% | |
| Q3 2024 | -8.2% | -15.4% | -32.8% | |
| Q2 2024 | -1.7% | -1.3% | +9.0% | |
| Q1 2024 | +0.3% | +1.6% | -6.6% | |
| Q4 2023 | -18.8% | -19.1% | -29.4% | |
| Q3 2023 | +2.6% | +3.5% | +12.5% | |
| Q2 2023 | -3.5% | -3.7% | +4.0% | |
| Q1 2023 | -7.5% | -6.3% | -0.6% | |
| Q4 2022 | +1.4% | -1.1% | -5.2% | |
| Q3 2022 | +11.7% | +7.5% | +4.5% | |
| Q2 2022 | -1.0% | +0.6% | -14.2% | |
| Q1 2022 | +1.9% | +1.9% | +7.3% | |
| Q4 2021 | +1.2% | -1.7% | -6.8% | |
| Q3 2021 | +2.1% | +1.6% | +1.2% | |
| Q2 2021 | -0.6% | -5.5% | +2.4% | |
| Q1 2021 | +0.0% | -2.3% | +0.0% | |
| Q4 2020 | +3.3% | +4.8% | -0.6% | |
| Q3 2020 | +5.0% | -0.2% | +3.9% | |
| Q2 2020 | +4.2% | +2.3% | -3.4% | |
| Q1 2020 | +24.5% | +6.1% | +39.3% | |
| Q4 2019 | -16.7% | -19.6% | +17.7% | |
| Q3 2019 | -1.6% | -1.2% | +5.4% | |
| Q2 2019 | -2.2% | -2.8% | -7.2% | |
| Q1 2019 | +3.1% | +4.9% | +17.7% | |
| Q4 2018 | -1.8% | +2.7% | +0.9% | |
| Q3 2018 | -5.4% | -4.4% | -5.6% | |
| Q2 2018 | +2.9% | +0.5% | +2.0% | |
| Q1 2018 | -2.7% | -0.5% | +10.9% | |
| Q4 2017 | -3.5% | +2.6% | +4.2% | |
| Q3 2017 | -6.7% | -10.3% | -6.7% | |
| Q2 2017 | +0.0% | +2.1% | -7.4% | |
| Q1 2017 | +1.9% | +0.8% | -3.3% |
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