SUNS Stock Recent News
SUNS LATEST HEADLINES
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Sunrise Realty Trust is a mREIT building up its portfolio of high-yield commercial mortgage loans. Q2 2025 results showed strong Y/Y earnings growth, with distributable earnings covering the dividend, and the company's book value per share little changed Q/Q. Fed rate cuts will modestly impact revenues, due to SOFR floors, but refinancing risk looms in 2027, as lower floors may reduce income.
Sunrise Realty Trust, Inc. (SUNS) Q2 2025 Earnings Call Transcript
Sunrise Realty Trust, Inc. (SUNS) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.22 per share a year ago.
Second quarter 2025 GAAP net income of $3.4 million or $0.25 per basic weighted average common share and Distributable Earnings ( 1 ) of $4.1 million or $0.31 per basic weighted average common share
WEST PALM BEACH, Fla., June 24, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS”) (Nasdaq: SUNS), a lender on the Tannenbaum Capital Group (“TCG”) Real Estate platform, today announced that it will release its financial results for the second quarter ending June 30, 2025 on Thursday, August 7th, 2025 before market open. Management will review SUNS' financial results at 10:00 am ET via webcast available on the Investor Relations website at ir.sunriserealtytrust.com. Participants are also invited to access the conference call by registering in advance at this link. A replay will be available one hour after the event.
WEST PALM BEACH, Fla., June 13, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS”), a lender on the TCG Real Estate platform, today announced its dividend for the quarter ending June 30, 2025.
WEST PALM BEACH, Fla., June 02, 2025 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. (“SRT” or the “Company”), a lender on the TCG Real Estate platform, today announced the expansion of its senior secured revolving credit facility (the “Credit Facility”) with the addition of EverBank, N.A. (“EverBank”). EverBank has committed $50 million to the facility, bringing total committed capital to $100 million. The Credit Facility, originally established with East West Bancorp, Inc. (“East West Bank”) in January 2025, remains expandable to $200 million, subject to certain conditions and additional lender participation.
WEST PALM BEACH, Fla., May 29, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS” or the “Company”) (Nasdaq: SUNS), a lender on the TCG Real Estate platform, today announced the expansion of its senior secured revolving credit facility (the “Credit Facility”) with the addition of EverBank, N.A.
WEST PALM BEACH, Fla., May 20, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS”) (Nasdaq: SUNS), a lender on the TCG Real Estate platform, today announced the expansion of its senior secured revolving credit facility (the “Credit Facility”) to $90 million in total commitments. The expansion follows a new $40 million commitment from City National Bank of Florida (“CNB”), which joins the facility as Joint Lead Arranger. East West Bank, the Administrative Agent, initially provided a $50 million commitment when the facility was established in November 2024. The Credit Facility remains expandable to $200 million, subject to customary conditions and additional lender participation.