Sachem Capital: Risk-Reward Improves
SACHSachem Capital(SACH) Seeking Alpha·2024-06-18 13:26

PM Images When I covered Sachem Capital (NYSE:SACH) earlier this year, I expressed concerns about its long-term returns and that a higher yield was needed to make it attractive. Since then, the share price is down almost 30%. SACH Recent Price History (Seeking Alpha) This has pushed the yield over 15%. With this price change, as well as the results of Q4 2023 and Q1 2024 in now, it's time to reassess what's changed for the business as well. When I consider recent improvements and the price offered today, I ...