Sunrise Realty Trust, Inc. (SUNS)

NASDAQ: SUNS · Real-Time Price · USD
11.77
-0.29 (-2.40%)
Feb 21, 2025, 4:00 PM EST - Market closed
-2.40%
Market Cap 81.51M
Revenue (ttm) 734,226
Net Income (ttm) 703,866
Shares Out 6.93M
EPS (ttm) 0.03
PE Ratio 342.10
Forward PE 9.05
Dividend $0.63 (5.35%)
Ex-Dividend Date Dec 31, 2024
Volume 187,844
Open 12.35
Previous Close 12.06
Day's Range 11.65 - 12.35
52-Week Range 8.11 - 15.74
Beta n/a
Analysts Strong Buy
Price Target 15.00 (+27.44%)
Earnings Date Mar 6, 2025

About SUNS

Sunrise Realty Trust, Inc. engages in commercial real estate (CRE) lending business. The company focuses on originating CRE debt investments and providing capital to borrowers and sponsors with transitional business plans collateralized by CRE assets. It also offers diversified investment portfolio, targeting investments for mortgage loans, mezzanine loans, whole loans, B-notes, CMBS, and debt-like preferred equity securities across CRE asset classes. Sunrise Realty Trust, Inc. was founded in 2023 and is based in West Palm Beach, Florida. [Read more]

Industry REIT - Mortgage
Sector Real Estate
Founded 2023
Country United States
Stock Exchange NASDAQ
Ticker Symbol SUNS
Full Company Profile

Financial Performance

Financial numbers in USD Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SUNS stock is "Strong Buy." The 12-month stock price forecast is $15.0, which is an increase of 27.44% from the latest price.

Price Target
$15.0
(27.44% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Sunrise Realty Trust Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ending December 31, 2024

WEST PALM BEACH, Fla., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS” or “the Company”) (Nasdaq: SUNS), a lender on the Tannenbaum Capital Group (“TCG”) | Real Estate platform, t...

9 days ago - GlobeNewsWire

Southern Realty Trust Commits $20.0 Million to a Senior Loan for Shell Plaza at River District in New Orleans, Louisiana

WEST PALM BEACH, Fla., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. (“SRT” or the “Company”), a lender on the Tannenbaum Capital Group (“TCG”) | Real Estate platform, today announced t...

18 days ago - GlobeNewsWire

Sunrise Realty Trust, Inc. Commits $44.0 Million to a Senior Loan for Shell Plaza at the River District in New Orleans, Louisiana

WEST PALM BEACH, Fla., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS” or the “Company”) (Nasdaq: SUNS), a lender on the Tannenbaum Capital Group (“TCG”) | Real Estate platform, t...

18 days ago - GlobeNewsWire

Tannenbaum Capital Group Bolsters SUNS Investment Team with Appointment of Alfred Trivilino

WEST PALM BEACH, Fla., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS” or the “Company”) (Nasdaq: SUNS) today announced the appointment of Alfred Trivilino as Managing Director on...

22 days ago - GlobeNewsWire

Sunrise Realty Trust, Inc. Announces Launch of Common Stock Offering

WEST PALM BEACH, Fla., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“Sunrise Realty” or “the Company”) (Nasdaq: SUNS), an institutional lender that originates and funds loans to comme...

4 weeks ago - GlobeNewsWire

Southern Realty Trust Originates $57.0 Million Senior Loan for The Loren at Lady Bird Lake in Austin, Texas

WEST PALM BEACH, Fla., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. (“SRT” or the “Company”) today announced that it originated a senior loan in the aggregate amount of $57.0 million f...

2 months ago - GlobeNewsWire

Sunrise Realty Trust Commits $32.0 Million in a Senior Loan for The Loren at Lady Bird Lake in Austin, Texas

WEST PALM BEACH, Fla., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS” or the “Company”) today announced that it has committed $32.0 million, of which the Company f...

2 months ago - GlobeNewsWire

Sunrise Realty Trust Commits $13.0 Million in a Subordinate Loan for Excel Miami Apartments

WEST PALM BEACH, Fla., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS” or the “Company”) today announced that it has committed $13.0 million to a $26.0 million subo...

3 months ago - GlobeNewsWire

Sunrise Realty Trust, Inc. (SUNS) Q3 2024 Earnings Call Transcript

Sunrise Realty Trust, Inc. (NASDAQ:SUNS) Q3 2024 Results Conference Call November 7, 2024 10:00 AM ET Company Participants Gabriel Katz - Chief Legal Officer Leonard Tannenbaum - Executive Chairman B...

3 months ago - Seeking Alpha

Sunrise Realty Trust, Inc. Announces Financial Results for Third Quarter 2024

Third quarter 2024 GAAP net income of $1.7 million or $0.26 per basic weighted average common share and Distributable Earnings(1) of $1.9 million or $0.27 per basic weighted average common share

3 months ago - GlobeNewsWire

Sunrise Realty Trust: High-Yield mREIT Captures Growth In Florida And Texas

Sunrise Realty Trust is a new commercial mortgage REIT that started trading this year in July. Migration trends to the southern states, in my view, suggest SUNS is well-positioned to build a profitabl...

4 months ago - Seeking Alpha

Sunrise Realty Trust, Inc. Schedules Third Quarter 2024 Earnings Conference Call for November 7, 2024

WEST PALM BEACH, Fla., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS” or the “Company”) today announced that it plans to report earnings for the quarter ended Sept...

4 months ago - GlobeNewsWire

Sunrise Realty Trust, Inc. (SUNS) Q2 2024 Earnings Call Transcript

Sunrise Realty Trust, Inc. (NASDAQ:SUNS) Q2 2024 Earnings Call Transcript August 14, 2024 10:00 AM ET Company Participants Anna Kim - Chief Legal Officer Leonard Tannenbaum - Executive Chairman Brian...

6 months ago - Seeking Alpha

Sunrise Realty Trust, Inc. Provides Quarterly Business Update and Declares Dividends for Third and Fourth Quarters of 2024

Board of Directors Declares a Partial Q3 2024 Dividend of $0.21 per Common Share and a Normal Q4 2024 Dividend of $0.42 per Common Share Board of Directors Declares a Partial Q3 2024 Dividend of $0.21...

6 months ago - GlobeNewsWire

Sunrise Realty Trust, Inc. Schedules Second Quarter 2024 Earnings Conference Call for August 14, 2024

WEST PALM BEACH, Fla., July 17, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS” or the “Company”) today announced that it plans to report earnings for the quarter ended June...

7 months ago - GlobeNewsWire

Sunrise Realty Trust Invests $14.1 Million in Senior Loan for an Austin Multi-Family Development

WEST PALM BEACH, Fla., July 08, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS” or the “Company”), an institutional commercial real estate lender focused on the Southern United States, tod...

8 months ago - GlobeNewsWire

SLR Investment Corp. and SLR Senior Investment Corp. Announce Stockholder Approval of Merger

NEW YORK, March 21, 2022 (GLOBE NEWSWIRE) -- SLR Investment Corp. (NASDAQ: SLRC) (“SLRC”) and SLR Senior Investment Corp. (NASDAQ: SUNS) (“SUNS”) are pleased to announce that each company obtained sto...

Other symbols: SLRC
3 years ago - GlobeNewsWire

Vote 'No' On This High-Yield Merger: SLR Investment

SLRC and SUNS are among the worst-performing BDCs over the last two years, mostly related to lower dividend coverage and declining NAV per share.

Other symbols: SLRC
3 years ago - Seeking Alpha

SLR Senior Investment Corp. (SUNS) Management on Q4 2021 Results - Earnings Call Transcript

SLR Senior Investment Corp. (SUNS) Management on Q4 2021 Results - Earnings Call Transcript

3 years ago - Seeking Alpha

SLR Senior Investment Corp. Announces Year Ended December 31, 2021 Financial Results

Record Originations Volume Drove a 36% Year-Over-Year Increase in Comprehensive Portfolio

3 years ago - GlobeNewsWire

SLR Senior Investment Corp. Announces Monthly Distribution of $0.10 Per Share for February 2022

NEW YORK, Feb. 03, 2022 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (the “Company”) (NASDAQ: SUNS), today declared a distribution of $0.10 per share for the month of February 2022. The distributio...

3 years ago - GlobeNewsWire

SLR Senior Investment Corp. Schedules the Release of its Financial Results for the Quarter and Fiscal Year Ended December 31, 2021

NEW YORK, Jan. 14, 2022 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (the “Company”) (NASDAQ: SUNS) today announced that it will release its financial results for the quarter and fiscal year ended ...

3 years ago - GlobeNewsWire

SLR Senior Investment Corp. Announces Monthly Distribution of $0.10 Per Share for January 2022

NEW YORK, Jan. 05, 2022 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (the “Company”) (NASDAQ: SUNS) declared a distribution of $0.10 per share for the month of January 2022. The distribution is pay...

3 years ago - GlobeNewsWire

102 Monthly Pay Dividend Stocks And 80 Funds: December's Gift Bag

Imagine a stock or fund that paid out its dividends once a month! Instead of quarterly, semi-annually or (ugh) annually, your anticipatory angst waiting for money is reduced by 300%, or more! These De...

3 years ago - Seeking Alpha

Suns Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of SLR Senior Investment Corp. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – SUNS

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of SLR Senior Investment Corp. (NASDAQ: SUNS) to SLR Investment Corp. (“SLRC”) is fair...

3 years ago - Business Wire