Sunrise Realty Trust, Inc.

SUNS

$7.47

+0.13%

2026-09-03 16:00:00 EDT+$0.01

Real Estate

REIT - Mortgage

NASDAQ

Active Trading

Sunrise Realty Trust, Inc. engages in commercial real estate lending business in the United States. The company focuses on originating commercial real ...

Price Action of SUNS

$7.47

+0.13%+$0.01

High—

Low—

52W High-27.5%

Rel. vol—

Interval

Range2.8h

Volume—SMA5SMA10

—

Sunrise Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) specializing in commercial real estate lending. Founded in 2023 and headquartered in West Palm Beach, Florida, the company provides capital solutions to real estate developers and owners, primarily in the Southern United States. Its focus areas include ...Sunrise Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) specializing in commercial real estate lending. Founded in 2023 and headquartered in West Palm Beach, Florida, the company provides capital solutions to real estate developers and owners, primarily in the Southern United States. Its focus areas include multifamily, for-sale residential, and other income-producing properties. The company is led by CEO Brian Sedrish, who has over 20 years of experience in real estate private equity, and Executive Chairman Leonard Tannenbaum, a founder with significant industry expertise. Sunrise Realty Trust differentiates itself through its disciplined underwriting and close collaboration with borrowers, aiming to deliver superior returns to its investors. As a publicly traded REIT, it offers shareholders exposure to the commercial real estate debt market. The company's financial performance, as of recent data, shows a market capitalization of approximately $104 million, with a price-to-earnings ratio around 8, indicating potential value. Revenue generation comes from interest income on loans, with a gross profit margin of about 83%. The company has a dividend yield of about 15.5%, reflecting its distribution policy. It has a relatively small workforce, typical of a specialized lender, and leverages strategic partnerships and a senior secured revolving credit facility to fund its operations. Sunrise Realty Trust became publicly listed in July 2024 and continues to expand its lending portfolio, targeting attractive risk-adjusted returns in the growing Southern U.S. real estate market.ExpandCollapse

Founded

2023

Employees

CEO

Brian Sedrish

Full Name

Sunrise Realty Trust, Inc.

Sector

Real Estate

Industry

REIT - Mortgage

ROE

7.12%

Market Cap

$0.10B

Current Ratio

0.05

WACC

6.91%

ROIC

-14.71%

Contact Information

https://sunriserealtytrust.com

+1 561 515 2800

525 Okeechobee Blvd Suite 1650, West Palm Beach, FL 33401

Key Metrics of SUNS

Snapshot

Latest / TTM · 4 periods

Market Cap

$100.98M

ROCE

11.3%

EV / EBITDA

11.38x

+5.9% YoY

FCF Yield

-0.7%

+2.2% YoY

Cash Conversion Cycle

1.2d

Current Ratio

0.05

Quick take

TTM —

Current ratio below 1.0

Negative working capital

Financial Highlights of SUNS

Profitability trend

Latest / TTM · 4 periods

Gross Margin

82.9%

Net Margin

38.8%

P/E Ratio

7.70x

n/a

Debt / Equity

0.78

n/a

Current Ratio

0.05

Dividend Yield

16.1%

Understanding

TTM —

Current ratio below 1.0

Calendar of SUNS

Upcoming

Sep 30, 2026In 26 days
Q3 FY2026 · Estimated results
Est. EPS $0.30 · Revenue $7.60M · 2 analysts
Dec 30, 2026
Q4 FY2026 · Estimated results
Est. EPS $0.30 · Revenue $7.73M · 2 analysts
Dec 31, 2026
FY2026 · Estimated annual results
Est. EPS $1.25 · Revenue $31.25M · 2 analysts
Mar 30, 2027
Q1 FY2027 · Estimated results
Est. EPS $0.32 · Revenue $7.62M · 1 analysts

Recent history

Aug 6, 2026
Q2 FY2026 · Results reported
EPS $0.23 · Revenue $8.56M
View filing
Jul 15, 2026
Dividend payment
$1.20 per share
Jun 30, 2026
Ex-dividend date
$1.20 per share
May 14, 2026
Q1 FY2026 · Results reported
EPS $0.32 · Revenue $10.27M
View filing
Mar 12, 2026
FY2025 · Annual results
EPS $0.95 · Revenue $26.37M
View filing
Nov 13, 2025
Q3 FY2025 · Results reported
EPS $0.30 · Revenue $7.49M
View filing

Financial Statements of SUNS

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$26.4M	+148.1%	-16.6%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$12.1M	+76.8%	-27.7%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+90.7%	-1.8%	+6.7%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	+64.2%	-0.6%	-3.8%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	+46.0%	-28.8%	-13.3%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$-3.4M	-309.1%	-68.2%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	-13.0%	-184.3%	-61.8%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	67.0%	-61.5%	+2.0%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	—	—	-2.1%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$310.2M	-2.3%	+0.2%

Actual vs Estimate

A Dec 31Q Jun 30

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	0.95 vs 1.21	-21.2%	0.23 vs 0.29	-22.0%
Revenue Surprise	$26.4M vs $24.4M	+8.0%	$8.6M vs $7.2M	+19.4%

Insider Transactions of SUNS

Acquisitions (A)

Since Feb 19, 2026

Disposals (D)

Since Feb 19, 2026

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
Aug 13, 2026	TANNENBAUM LEONARD M	director, 10 percent owner, officer: Executive Chairman	Common Stock	A	50,000	$7.50
Aug 12, 2026	Hetzel Brandon	officer: CFO and Treasurer	Common Stock	A	713	$7.58
Aug 11, 2026	TANNENBAUM LEONARD M	director, 10 percent owner, officer: Executive Chairman	Common Stock	A	20,000	$7.60
Aug 10, 2026	TANNENBAUM LEONARD M	director, 10 percent owner, officer: Executive Chairman	Common Stock	A	25,000	$7.79
Aug 7, 2026	TANNENBAUM LEONARD M	director, 10 percent owner, officer: Executive Chairman	Common Stock	A	23,109	$7.73

Earnings Call Transcript of SUNS

1 transcript segments

Q2 2026

Unknown Speaker

Operator: Good day, and thank you for standing by. Welcome to the Sunrise Realty Trust Q2 2026 Earnings Call. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to hand the conference over to our first speaker today, Robyn Tannenbaum, President of Sunrise Realty Trust. Robyn Tannenbaum: Good morning, and thank you all for joining Sunrise Realty Trust's earnings call for the quarter ended June 30, 2026. I'm joined this morning by Leonard Tannenbaum, our Executive Chairman; Brian Sedrish, our Chief Executive Officer; and Brandon Hetzel, our Chief Financial Officer. Before we begin, I would like to note that this call is being recorded. Replay information is included in our July 17, 2026, press release and is posted on the Investor Relations portion of our website at sunriserealtytrust.com, along with our second quarter 2026 earnings release and investor presentation. Today's conference call includes forward-looking statements and projections that reflect the company's current views with respect to, among other things, market developments, our investment pipeline, anticipated portfolio yields, financial performance and projections in 2026 and beyond, and the proposed SUNS-SRT merger. These statements are subject to inherent uncertainties in predicting future results. Please refer to Sunrise Realty Trust's most recent periodic filings with the SEC, including our quarterly report on Form 10-Q filed earlier this morning, for certain conditions and significant factors that could cause actual results to differ materially from these forward-looking statements and projections. During today's conference call, management will refer to non-GAAP financial measures, including distributable earnings. Please see our second quarter earnings release available on our website for reconciliations of the non-GAAP financial measures with the most directly comparable GAAP measures. The format for today's call is as follows: Leon will provide an update on today's proposed merger announcement. Next, Brian will cover our view on the state of the CRE lending market, discuss our existing portfolio, and provide an outlook for our investment pipeline. Then Brandon will provide an update on our financial position. After that, we'll open the lines for Q&A. With that, I will now turn the call over to our Executive Chairman, Leon Tannenbaum. Leonard Tannenbaum: Thank you, Robyn. Good morning, and welcome to our second quarter 2026 earnings conference call. Before turning to the proposed merger that we announced earlier today, for the quarter ended June 30, 2026, SUNS generated distributable earnings of $0.29 per basic weighted average share of common stock. For the first 6 months of 2026, distributable earnings of $0.65 per share exceeded the $0.60 per share of dividends that we declared over the same period. This reflected the continued earnings power of our portfolio. Turning to the proposed merger. Earlier today, we announced …

Leadership Team of SUNS

6 executives

Name	Title	Compensation	Gender	Year Born	Status
Robyn Tannenbaum	President	USD 35,194	Female	1986	Active
Leonard Mark Tannenbaum	Founder & Executive Chairman	—	Male	1971	Active
James F. Velgot	Chief Marketing Officer	—	Male	1962	Active
Stuart Swann	Managing Director	—	Male	—	Active
Alfred C. Trivilino	Managing Director of Tannenbaum Capital Group - Real Estate Platform	—	Male	1964	Active
Brian Sedrish	Partner, Chief Executive Officer & Director	—	Male	1974	Active

Recent News of SUNS

GuruFocus8/12/2026Neutral

Are SUNS, VREX, CHMI, FBRX Obtaining Fair Deals for their Shareholders?

Are SUNS, VREX, CHMI, FBRX Obtaining Fair Deals for their Shareholders? PR Newswire NEW YORK, Aug. 12, 2026

PRNewsWire8/12/2026Neutral

Are SUNS, VREX, CHMI, FBRX Obtaining Fair Deals for their Shareholders?

/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws

GuruFocus8/11/2026Neutral

Sunrise Realty Investor Alert: Kahn Swick & Foti, LLC Investigates Merger of Sunrise Realty Trust, Inc. - SUNS

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick and Foti, LLC (âKSFâ) are investigating the proposed merger of

Business Wire8/11/2026Neutral

Sunrise Realty Investor Alert: Kahn Swick & Foti, LLC Investigates Merger of Sunrise Realty Trust, Inc. - SUNS

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Sunrise Realty Trust, Inc. (NasdaqCM: SUNS) and Southern Realty Trust Inc. Upon closing of the proposed transaction, Sunrise Realty shareholders are expected to own approximately 62% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whethe.

GuruFocus8/10/2026Neutral

SUNS Stock Alert: Halper Sadeh LLC is Investigating Whether Sunrise Realty Trust, Inc. is Obtaining a Fair Price for its Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating the merger of Sunrise Realty Trust, Inc. (NASDAQ: SUNS) and Southern Realty Trust Inc. Upon clos

Historical Employee Count of SUNS

Current

Minimum

Maximum

Recent Filings

Report Date	Employees	Form Type	Filing Date	SEC Filing
Dec 31, 2025	0	10-K	Mar 12, 2026	View
Dec 31, 2024	0	10-K	Mar 6, 2025	View

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Sunrise Realty Trust, Inc.