SUNS
Sunrise Realty Trust, Inc.10.35
+0.17+1.67%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
138.91MP/E (TTM)
9.50Basic EPS (TTM)
1.09Dividend Yield
0.13%Recent Filings
10-Q
8-K
8-K
ATM equity offering launched
Sunrise Realty Trust entered an Equity Distribution Agreement on August 13, 2025, with Raymond James & Associates to sell up to $50 million in common stock via at-the-market offerings. The sales agent earns a commission up to 2.0% of gross proceeds, enabling flexible capital raises without fixed timelines. This setup bolsters liquidity for the REIT's operations. Yet risks include market volatility affecting share prices.
10-Q
Q2 FY2025 results
Sunrise Realty Trust boosted net interest income to $5.7 million in Q2 FY2025 ended June 30, 2025, up 186% y/y from $2.0 million, driven by a loan portfolio that doubled to $248.3 million carrying value after funding $120.4 million in new originations. Gross margins held steady at 100% with no income taxes as a REIT, while operating expenses climbed to $1.8 million from management fees and stock comp, yielding net income of $3.4 million or $0.25 diluted EPS—matching shares outstanding of 13.3 million. Cash dipped to $5.6 million after heavy investing, but $140 million revolver availability and $75 million affiliate line provide ample liquidity against $65 million debt at 7.07%. Portfolio growth shines. Yet concentration in six borrowers risks uneven repayments.
8-K
Q2 net income $3.4M
Sunrise Realty Trust reported Q2 2025 GAAP net income of $3.4 million, or $0.25 per share, alongside Distributable Earnings of $4.1 million, or $0.31 per share, reflecting stronger loan activity amid rebounding market volumes. The company paid a $0.30 per share dividend on July 15, 2025, nearly matching its Distributable Earnings. CEO Sedrish highlighted opportunities in financing transitional assets with less competition. Yet, intensified rivalry for stabilized properties poses a challenge.
IPO
Sector
Industry
ACR
ACRES Commercial Realty Corp.
23.65+0.02
ACRE
Ares Commercial Real Estate Cor
5.37-0.05
ARI
Apollo Commercial Real Estate F
9.92-0.27
BRSP
BrightSpire Capital, Inc.
5.91-0.04
BXMT
Blackstone Mortgage Trust, Inc.
20.17-0.46
KREF
KKR Real Estate Finance Trust I
8.50-0.17
LFT
Lument Finance Trust, Inc.
1.50+0.04
REFI
Chicago Atlantic Real Estate Fi
13.01+0.21
SEVN
Seven Hills Realty Trust
9.17-0.16
TRTX
TPG RE Finance Trust, Inc.
9.04-0.13