Sunrise Realty Trust (NASDAQ:SUNS) Releases Earnings Results, Beats Expectations By $0.03 EPS

Sunrise Realty Trust (NASDAQ:SUNS) released its quarterly earnings data on Thursday. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.03, Zacks reports. The business had revenue of $10.27 million during the quarter, compared to analyst estimates of $6.18 million. Sunrise Realty Trust had a return on equity of 7.70% and a net margin of 56.29%.

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 Stock Up 9.1%

Shares of NASDAQ:SUNS opened at $8.02 on Friday. The company’s fifty day moving average is $8.05 and its two-hundred day moving average is $9.03. Sunrise Realty Trust has a 12-month low of $7.34 and a 12-month high of $11.78. The company has a market cap of $108.43 million, a P/E ratio of 8.53, a price-to-earnings-growth ratio of 0.55 and a beta of 0.77.

Sunrise Realty Trust Announces Dividend

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

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Keefe, Bruyette & Woods cut their target price on 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. Weiss Ratings reiterated a “sell (d)” rating on shares of Sunrise Realty Trust in a research report on Thursday, January 22nd. Zacks Research cut Sunrise Realty Trust from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 24th. Finally, Wall Street Zen downgraded Sunrise Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, March 14th. One investment analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Sell” and an average price target of $8.75.

Institutional Trading of Sunrise Realty Trust

Institutional investors have recently made changes to their positions in the stock. Osaic Holdings Inc. increased 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 during the period. Barclays PLC lifted its position in Sunrise Realty Trust by 7.3% in the 4th quarter. Barclays PLC now owns 22,183 shares of the company’s stock worth $209,000 after buying an additional 1,518 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of Sunrise Realty Trust by 12.5% during the 4th quarter. Royal Bank of Canada now owns 13,782 shares of the company’s stock valued at $130,000 after buying an additional 1,535 shares during the period. Rhumbline Advisers boosted its stake in shares of Sunrise Realty Trust by 22.5% during the 1st quarter. Rhumbline Advisers now owns 9,780 shares of the company’s stock valued at $108,000 after buying an additional 1,794 shares during the period. Finally, Bank of America Corp DE grew its holdings in shares of Sunrise Realty Trust by 60.4% during the 4th quarter. Bank of America Corp DE now owns 5,183 shares of the company’s stock valued at $73,000 after acquiring an additional 1,952 shares in the last quarter.

Trending Headlines about Sunrise Realty Trust

Here are the key news stories impacting Sunrise Realty Trust this week:

• Positive Sentiment: Q1 distributable earnings came in at $0.35 per share, ahead of the $0.29 consensus estimate, while revenue of $10.27 million also topped forecasts of $6.18 million. Sunrise Realty Trust, Inc. Announces Financial Results for the First Quarter 2026
• Positive Sentiment: Management signaled solid earnings momentum on the Q1 call, reinforcing the view that the company is executing well operationally. Sunrise Realty Trust Signals Solid Earnings Momentum
• Neutral Sentiment: Sunrise outlined an ongoing sale process for the Thompson San Antonio asset over the coming quarters, while the revolving credit facility remained available at $165 million. Sunrise Realty Trust outlines Thompson San Antonio sale process continuing over upcoming quarters while revolving facility stands at $165M
• Neutral Sentiment: Investors also reviewed the company’s Q1 2026 earnings transcript and call summary, which provided additional detail but did not introduce a major negative surprise. Sunrise Realty (SUNS) Q1 2026 Earnings Transcript

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.