|Bid||4.8100 x 1200|
|Ask||4.8500 x 1000|
|Day's Range||4.7200 - 4.8000|
|52 Week Range||3.8000 - 5.7000|
|Beta (3Y Monthly)||0.29|
|PE Ratio (TTM)||9.50|
|Earnings Date||Aug 14, 2019|
|Forward Dividend & Yield||0.48 (9.72%)|
|1y Target Est||6.25|
Sachem Capital Corp. (NYSE American: SACH) today announced the underwriters of its previously announced public offering of 2,000,000 common shares, have fully exercised their over-allotment option to purchase an additional 300,000 common shares of the Company. The gross proceeds to the Company from the exercise of the over-allotment option were $1.5 million, making the total gross proceeds to the Company from the offering $11.5 million.
It's always hard to describe stocks that are trading under $10. Are they cheap stocks? Are they penny stocks? Are small-cap stocks bargains?Source: Shutterstock The fact is, a low-priced stock doesn't necessarily mean anything other than that it's low-priced. There's no reason to take a flyer on a low-priced stock just because it's low priced when a higher-priced stock (and few less shares) may get you a better stock.I do the same amount of leg work on every stock, regardless of its price. Then, once they've been through my Portfolio Grader system, I can parse that list by industry, momentum, fundamentals or in this case, price.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe seven A-rated stocks under $10 featured here have everything going for them, just like their higher-priced brethren. They just cost you a little less to get into. Or, you can take a bigger stake than you could in say a $30 stock. * The 10 Best Stocks to Invest in for August What's more, small-cap stocks (usually one and the same as low-priced stocks) are doing well now -- the Russell 2000 Index is the best indicator of the small caps, and it's up more than 14% year-to-date. And since they have been in the shadows while the big names get the glory, they're usually better values here as well. Orion Energy Systems (OESX)Orion Energy Systems Inc (NASDAQ:OESX) only has a market cap of $93 million. And while it had a pop in early 2017, it hasn't done much until recently.It's in the lighting business. Basically it designs, manufactures and installs commercial lighting systems and energy management solutions. That may not sound like a big business, but it depends on who your clients are.And recently it looks like OESX has landed a big client. Its stock is up 230% in the past 12 months and a whopping 477% YTD. And 100% in the past three months.It has landed a big fish to be sure. And if it's a big box retailer that's retrofitting its stores with energy-saving lighting, this is going to be a run that will last for a while.For now, however, few people are watching. Don't chase it, just buy in a little at a time. Sachem Capital Corp (SACH)Sachem Capital Corp (NYSE:SACH) is an interesting company. It's in the real estate investment trust (REIT) sector and is classified as a REIT. But it doesn't hold properties, its holds first mortgages on properties.It offers what's know in the business as "hard money loans", which are basically short-term (three years or less), secured non-banking loans for acquisition, renovation or development of properties in Connecticut, Massachusetts, New York and Rhode Island.It has about a $105 million market cap, and its performance has been solid. Year-to-date it's up 27%. And that should continue since both the REIT sector and the small cap sector are both doing well here. * 10 Small-Cap Stocks to Buy Before They Grow Up The real kicker is its 9.6% dividend. If you're looking for a long-term, small cap holding and a solid regional REIT play, look no further. New York Mortgage Trust (NYMT)New York Mortgage Trust (NASDAQ:NYMT) is another REIT, with all the benefits discussed earlier regarding being involved in two hot sectors at once.It also focuses on the mortgages and financial assets of a development or builder rather than the physical assets. With rates this low and likely headed lower, this is a very good time for a firm like NYMT since many developers will grab properties while rates are low and then can develop over time.In mid-July, the company offered an additional 20 million shares, which diluted current shareholders but has boosted its operating capital so it can make more deals while the market is hot.Its stock performance is about breakeven at this point, but it has a huge 13.1% dividend. Its $1.3 billion market cap also means it has aspirations to build a bigger company over time. Innovative Systems and Support (ISSC)Innovative Systems and Support Inc (NASDAQ:ISSC) has been building avionics and instrumentation for the airline industry since 1988. Its customers are a who's who of the major commercial airlines, logistics companies and governmental agencies.With a $94 million market cap, this is a niche player in the sector, but that simply means it's a reliable subcontractor to major contracts that are signed by various aviation companies. * 7 Strong Buy Stocks the Street Loves This has been a very good year for the company -- and its stock -- it's up 93% for the year and 150% YTD. With air travel expanding and online shopping continuing to grow, there's no doubt that airlines will be in need of the products ISSC delivers for many years to come. CorMedix (CRMD)CorMedix Inc (NASDAQ:CRMD) is a commercial-stage pharmaceutical company that focuses on its taurolidine technology to build a non-antibiotic, antimicrobial that can prevent bloodborne infections and inflammation in patients that are on IVs and catheters.It will be a contender with the long-time go-to, heparin.Earlier this month, the stock got a boost when the company announced that the Food and Drug Administration determined that it had passed its Phase III trial and doesn't need to expand its study further. That means CRMD is much closer to getting Neutrolin to market.It currently has a $219 million market cap and the stock has been doing well for a while. It's up 46% YTD and a whopping 214% in the past 12 months. CRMD has a good chance to be bought out or get a big licensing deal with a large pharmaceutical company. Adesto Technologies (IOTS)Adesto Technologies Corp (NASDAQ:IOTS) is a small chipmaker that specializes in non-volatile memory chips for the "Internet of Things" market.This is a massive long-term trend and as it expands, it's a great place for smaller chipmakers to grab a foothold. IOTS is a full stack IOT provider in the industrial, medical, consumer and communications sectors.The IOT semiconductor space is looking at a compounded annual growth rate (CAGR) of 25% until 2022 and CAGR of 35% for industrial IOT building blocks demand.It already works with the major players across its sectors and has a global presence. This means it will continue to grow with its partners. * 10 Companies I'd Love to See Go Public Right now, its market cap is a mere $247 million, but it's in a perfect position to grow alone or get acquired at a premium by a larger chip firm looking to gain market share in the sectors where IOTS thrives. Fluent (FLNT)Fluent Inc (NASDAQ:FLNT) is an online marketing platform for businesses and publishers.Remember, the old publishing model collapsed after the internet drove paper publishing into the ground. It also hit the direct mail business hard as well. Then, as everyone started filling your inbox with tons of junk mail, that became increasingly difficult as well.That left companies looking for ways to build their customer lists and create effective advertising that customers would see. And digital agencies like FLNT were born to market to and acquire customers.It has a $410 million market cap, so it has done well in the nine years since its founding and it continues to grow. Year-to-date it's up 54% and over the past 12 months it has returned 135%, yet still trades at a trailing P/E of 44.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy With Over 20% Upside From Current Levels * The 10 Best Stocks to Invest in for August * 6 Upcoming IPOs for August The post 7 A-Rated Stocks Under $10 appeared first on InvestorPlace.
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Sachem Capital Corp. (NYSE American: SACH) today announced that, on Friday July 26, 2019, it consummated the sale of 2,000,000 common shares in an underwritten public offering. The public offering price was $5.00 per share, resulting in $10 million in gross proceeds. The net proceeds to the company, after payment of underwriting discounts and commission and before other transaction expenses, were $9.5 million.
Sachem Capital Corp. (NYSE American: SACH) today announced the pricing of an underwritten public offering of 2,000,000 shares of its common stock at a price to the public of $5.00 per share, for a total of approximately $10 million in gross proceeds. Aegis Capital Corp. is serving as the sole book runner for the offering. The shares will be issued pursuant to a shelf registration statement previously filed with and declared effective by the Securities and Exchange Commission (SEC).
Sachem Capital Corp. (NYSE American: SACH) today announced that it has commenced an underwritten public offering of its common shares. All of the shares are being offered by Sachem Capital Corp. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Sachem intends to use the net proceeds of this offering for working capital and other general corporate purposes.
Sachem Capital Corp. (NYSE American: SACH) announced today that on July 11, 2019 its board of directors authorized and declared a second quarter dividend of $0.12 per share to be paid to shareholders of record as of the close of trading on the NYSE American on July 22, 2019. John Villano, CPA, co-chief executive officer and chief financial officer of Sachem Capital Corp., stated: “We are pleased to report another increase in our quarterly dividend over the same period last year. Sachem Capital Corp. (the “Company”) specializes in originating, underwriting, funding, servicing and managing a portfolio of mortgage loans secured by first mortgage liens on real property (referred to in the industry as “hard money” loans).
Sachem Capital Corp. (NYSE American:SACH) today announced that it sold an additional $663,000 original principal amount of its 7.125% unsecured unsubordinated notes due June 30, 2024 (NYSE American:SCCB), pursuant to the exercise of the underwriters’ over-allotment option, resulting in additional net proceeds to the company of approximately $630,000. Overall, Sachem sold 946,520 notes for aggregate gross proceeds of $23,663,000 and net proceeds, after paying underwriting discounts and commissions and before paying other deal related expenses, of approximately $22,700,000. Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American:LTS), and Janney Montgomery Scott LLC acted as joint book-running managers for the offering.
Sachem Capital Corp. (NYSE American: SACH) today announced the closing of its previously announced registered public offering of $23 million of 7.125% unsecured, unsubordinated notes due 2024 (“Notes”). The net proceeds of the offering are expected to be approximately $21.7 million after payment of underwriting discounts and commissions and estimated offering expenses. Sachem has granted the underwriters a 30-day option to purchase up to an additional $3.45 million aggregate principal amount of Notes to cover over-allotments, if any.
Sachem Capital Corp. (NYSE American: SACH) today announced the pricing of its registered public offering of $23 million of 7.125% unsecured, unsubordinated notes due 2024 (“Notes”), which will result in net proceeds to the Company of approximately $21.7 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company. The Company has granted the underwriters a 30-day option to purchase up to an additional $3.45 million aggregate principal amount of Notes to cover over-allotments, if any. The Notes will rank pari passu with all the company’s unsecured, unsubordinated indebtedness, whether currently outstanding or issued in the future.
Sachem Capital Corp. (NYSE American: SACH) announced the commencement of a registered public offering of unsecured, unsubordinated notes due five years from the date of issuance (“Notes”). The Notes will rank pari passu with all the company’s unsecured, unsubordinated indebtedness, whether currently outstanding or issued in the future. The Notes are expected to be listed on the NYSE American under the trading symbol “SCCB” and to trade thereon within 30 days of the original issue date.
Sachem Capital Corp. announced today that John Villano, CPA, Co-Chief executive Officer and Chief Financial Officer, is scheduled to present at the ThinkEquity Conference on Thursday, May 2nd, at 8:30 AM Eastern Time, which is being held at The Mandarin Oriental Hotel in New York City.
The big shareholder groups in Sachem Capital Corp. (NYSEMKT:SACH) have power over the company. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones...
John Villano, CPA, co-chief executive officer and chief financial officer of Sachem Capital Corp., stated: “We are pleased to report a 14% increase in our first quarter dividend over the same period last year. Sachem Capital Corp. (the “Company”) specializes in originating, underwriting, funding, servicing and managing a portfolio of mortgage loans secured by first mortgage liens on real property (referred to in the industry as “hard money” loans). The Company does not lend to owner occupants.
Sachem Capital Corp. (NYSE American: SACH) announced today that on December 18, 2018, its board of directors authorized and declared a fourth quarter dividend of $0.17 per share to be paid to shareholders of record as of December 31, 2018. The Company previously declared and paid a third quarter dividend of $0.12 per share to its shareholders. The incremental amount by which the fourth quarter dividend exceeds the dividend paid in the prior quarter reflects the year-end distribution of income required in order to comply with the Federal tax rules and regulations applicable to the Company as a real estate investment trust (REIT).
NEW YORK, Nov. 26, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Conference Call and Webcast to be Held at 8:00 AM on Wednesday, November 14, 2018
Sachem Capital Corp. (NYSE American: SACH) announced today that on October 18, 2018 its board of directors authorized and declared a dividend of $0.12 per share to be paid to shareholders of record as of October 30, 2018. John Villano, CPA, co-chief executive officer and chief financial officer of Sachem Capital Corp., stated: “I am pleased to report the Board approved an increase in our quarterly dividend to $0.12 per share, a 9% increase over our most recent quarterly dividend payment. Sachem Capital Corp. (the “Company”) specializes in originating, underwriting, funding, servicing and managing a portfolio of mortgage loans secured by first mortgage liens on real property (referred to in the industry as “hard money” loans).
This article is intended for those of you who are at the beginning of your investing journey and want to start learning about core concepts of fundamental analysis on practical Read More...