Sunrise Realty Trust, Inc. (SUNS)

NASDAQ: SUNS · Real-Time Price · USD
14.95
-0.34 (-2.22%)
Nov 20, 2024, 4:00 PM EST - Market closed
-2.22%
Market Cap 103.53M
Revenue (ttm) 734,226
Net Income (ttm) 703,866
Shares Out 6.93M
EPS (ttm) 0.03
PE Ratio 147.09
Forward PE 8.90
Dividend $0.63 (4.21%)
Ex-Dividend Date Dec 31, 2024
Volume 18,643
Open 15.29
Previous Close 15.29
Day's Range 14.65 - 15.37
52-Week Range 8.11 - 15.74
Beta n/a
Analysts Buy
Price Target 17.50 (+17.06%)
Earnings Date Nov 7, 2024

About SUNS

Sunrise Realty Trust, Inc. engages in commercial real estate (CRE) lending business. It focuses on originating CRE debt investments and providing capital to borrowers and sponsors with transitional business plans collateralized by CRE assets. The company intends to create a diversified investment portfolio, targeting investments in senior mortgage loans, mezzanine loans, whole loans, B-notes, CMBS, and debt-like preferred equity securities across CRE asset classes. Sunrise Realty Trust, Inc. was incorporated in 2023 and is based in West Palm Be... [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 one analyst, the rating for SUNS stock is "Buy" and the 12-month stock price forecast is $17.5.

Price Target
$17.5
(17.06% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

2 days 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...

11 days 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

13 days 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 weeks 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...

6 weeks 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...

3 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...

3 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...

4 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...

4 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
2 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
2 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

2 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

2 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

SLR Senior Investment Corp. Announces Monthly Distribution of $0.10 Per Share for December 2021

NEW YORK, Dec. 01, 2021 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (the “Company”) (NASDAQ: SUNS) declared a distribution of $0.10 per share for the month of December 2021. The distribution is pa...

3 years ago - GlobeNewsWire

SLR Investment Corp. and SLR Senior Investment Corp. Announce Entry into Merger Agreement

NEW YORK, Dec. 01, 2021 (GLOBE NEWSWIRE) -- SLR Investment Corp. (NASDAQ: SLRC) (“SLRC”) and SLR Senior Investment Corp. (NASDAQ: SUNS) (“SUNS”) today announced that they have entered into an agreemen...

3 years ago - GlobeNewsWire

SLR Senior Investment Corp (SUNS) CEO Michael Gross on Q3 2021 Results - Earnings Call Transcript

SLR Senior Investment Corp (SUNS) CEO Michael Gross on Q3 2021 Results - Earnings Call Transcript

3 years ago - Seeking Alpha

SLR Senior Investment Corp. Announces Quarter Ended September 30, 2021 Financial Results; Strong Pipeline Expected to Drive Earnings Growth

NEW YORK, Nov. 03, 2021 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (NASDAQ: SUNS) (the “Company” “SLR Senior” or “SUNS”) today reported net investment income of $3.7 million, or $0.23 per average...

3 years ago - GlobeNewsWire

SLR Senior Investment Corp. Announces Monthly Distribution of $0.10 Per Share for October 2021

NEW YORK, Oct. 06, 2021 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (the “Company”) (NASDAQ: SUNS) declared a distribution of $0.10 per share for the month of October 2021. The distribution is pay...

3 years ago - GlobeNewsWire

SLR Senior Investment Corp. Schedules the Release of its Financial Results for the Quarter Ended September 30, 2021

NEW YORK, Oct. 04, 2021 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (the “Company”) (NASDAQ: SUNS) today announced that it will release its financial results for the quarter ended September 30, 20...

3 years ago - GlobeNewsWire

SLR Senior Investment Corp. Announces Monthly Distribution of $0.10 Per Share for September 2021

NEW YORK, Sept. 09, 2021 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (the “Company”) (NASDAQ: SUNS) declared a distribution of $0.10 per share for the month of September 2021. The distribution is ...

3 years ago - GlobeNewsWire