Sunrise Realty Trust (NASDAQ:SUNS) Announces Earnings Results

Sunrise Realty Trust (NASDAQ:SUNS) issued its quarterly earnings results on Thursday. The company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.06, FiscalAI reports. Sunrise Realty Trust had a return on equity of 7.70% and a net margin of 56.29%.The firm had revenue of $10.27 million during the quarter, compared to the consensus estimate of $6.18 million.

Here are the key takeaways from Sunrise Realty Trust’s conference call:

• Sunrise Realty Trust reported distributable earnings of $0.35 per share in Q1 2026, which covered its $0.30 dividend. Management said results benefited from loan fees, new deal closings, and repayments that allowed capital to be recycled at attractive returns.
• The portfolio remained fully current and performing, with $397.1 million of commitments and $299.3 million of principal outstanding across 15 loans at quarter-end. As of May 8, the portfolio had $380.2 million of commitments across 14 loans, with a weighted average yield to maturity of about 12.4%.
• The company continued to emphasize its focus on transitional real estate loans in growing Southern markets, where it believes it can structure deals better than lenders chasing stabilized assets. Management said this niche is creating a strong pipeline and should benefit as more bridge and construction loans come due.
• During the quarter, SUNS originated or participated in two notable loans, including a $48 million B-note in the Graduate Hotels refinancing and a short-term bridge loan on Silver Mountain Ranch that was quickly repaid. The company also highlighted healthy sponsor inquiry activity, though some pipeline deals paused temporarily when capital markets volatility picked up.
• The Thompson San Antonio hotel loan was foreclosed, and management said it is now being marketed by Eastdil with multiple attractive bids received. They expect a resolution over the next couple of quarters, but said the asset is unlikely to generate income until it is sold or refinanced into a note structure.

Sunrise Realty Trust Trading Up 9.1%

Shares of SUNS stock traded up $0.67 during trading hours on Thursday, hitting $8.02. 302,449 shares of the company were exchanged, compared to its average volume of 101,941. The firm has a fifty day simple moving average of $8.07 and a 200 day simple moving average of $9.05. Sunrise Realty Trust has a 52-week low of $7.34 and a 52-week high of $11.78. The stock has a market capitalization of $108.43 million, a price-to-earnings ratio of 8.53, a P/E/G ratio of 0.55 and a beta of 0.77.

Sunrise Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.30 per share. The ex-dividend date was Tuesday, March 31st. This represents a $1.20 annualized dividend and a dividend yield of 15.0%. Sunrise Realty Trust’s dividend payout ratio (DPR) is presently 127.66%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Osaic Holdings Inc. grew its stake in Sunrise Realty Trust by 7.1% in the 4th quarter. Osaic Holdings Inc. now owns 16,947 shares of the company’s stock valued at $160,000 after buying an additional 1,127 shares in the last quarter. Corsair Capital Management L.P. boosted its holdings in Sunrise Realty Trust by 407.0% in the 4th quarter. Corsair Capital Management L.P. now owns 50,704 shares of the company’s stock valued at $478,000 after purchasing an additional 40,704 shares during the period. Royal Bank of Canada boosted its holdings in Sunrise Realty Trust by 12.5% in the 4th quarter. Royal Bank of Canada now owns 13,782 shares of the company’s stock valued at $130,000 after purchasing an additional 1,535 shares during the period. Mariner LLC boosted its holdings in Sunrise Realty Trust by 42.3% in the 4th quarter. Mariner LLC now owns 34,359 shares of the company’s stock valued at $324,000 after purchasing an additional 10,220 shares during the period. Finally, Barclays PLC boosted its holdings in Sunrise Realty Trust by 7.3% in the 4th quarter. Barclays PLC now owns 22,183 shares of the company’s stock valued at $209,000 after purchasing an additional 1,518 shares during the period.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on SUNS. Wall Street Zen downgraded Sunrise Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, March 14th. Weiss Ratings reissued a “sell (d)” rating on shares of Sunrise Realty Trust in a research report on Thursday, January 22nd. Zacks Research cut shares of Sunrise Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 24th. Finally, Keefe, Bruyette & Woods cut their price objective on shares of Sunrise Realty Trust from $9.50 to $8.75 and set a “market perform” rating on the stock in a research report on Wednesday, March 18th. One equities research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Sunrise Realty Trust presently has a consensus rating of “Sell” and a consensus target price of $8.75.

About Sunrise Realty Trust

Sunrise Realty Trust is a real estate investment trust (REIT) that focuses on acquiring, owning and leasing convenience store and fuel retail properties under long-term net leases. The company targets sale-leaseback transactions and joint-venture investments with high-credit tenants in the convenience retail sector. Sunrise Realty Trust’s portfolio comprises single-tenant properties that benefit from predictable cash flows, structured lease agreements and tenant-driven site improvements, providing exposure to a segment of the retail real estate market that aligns closely with consumer essentials.

The company’s primary business activities include sourcing and underwriting new property investments, negotiating sale-leaseback and ground lease transactions, and managing asset performance throughout the lease term.