Sunrise Realty Trust (NASDAQ:SUNS) Announces Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Posted by Brian Himes on May 16th, 2026

Sunrise Realty Trust (NASDAQ:SUNS – Get Free Report) released its earnings results on Thursday. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.29 by $0.06, FiscalAI reports. Sunrise Realty Trust had a net margin of 54.82% and a return on equity of 8.31%. The firm had revenue of $10.27 million during the quarter, compared to analysts’ expectations 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 Price Performance

Shares of SUNS traded down $0.09 during trading hours on Friday, hitting $7.93. The stock had a trading volume of 90,300 shares, compared to its average volume of 94,891. The company’s fifty day moving average is $8.02 and its two-hundred day moving average is $9.03. 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 $107.21 million, a price-to-earnings ratio of 8.01, a P/E/G ratio of 0.60 and a beta of 0.77.

Sunrise Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were issued a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.20 annualized dividend and a dividend yield of 15.1%. Sunrise Realty Trust’s dividend payout ratio is presently 127.66%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on SUNS shares. Zacks Research cut shares of Sunrise Realty Trust from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 24th. Wall Street Zen upgraded shares of Sunrise Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday. Keefe, Bruyette & Woods dropped their price objective on shares of Sunrise Realty Trust from $9.50 to $8.75 and set a “market perform” rating for the company in a research note on Wednesday, March 18th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Sunrise Realty Trust in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Sunrise Realty Trust currently has a consensus rating of “Sell” and a consensus target price of $8.75.

Check Out Our Latest Stock Analysis on SUNS

Key Sunrise Realty Trust News

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

Positive Sentiment: First-quarter results beat Wall Street expectations on both earnings and revenue, signaling stronger-than-expected performance. Sunrise Realty Trust, Inc. Announces Financial Results for the First Quarter 2026
Positive Sentiment: Distributable earnings came in at $0.35 per share, indicating solid underlying cash generation for a real estate trust. Sunrise Realty Trust, Inc. Announces Financial Results for the First Quarter 2026
Positive Sentiment: Management said the sale process for the Thompson San Antonio asset is continuing over the coming quarters, which could support future liquidity or portfolio optimization. Sunrise Realty Trust outlines Thompson San Antonio sale process continuing over upcoming quarters while revolving facility stands at $165M
Neutral Sentiment: The company said its revolving credit facility stood at $165 million, giving it financing flexibility but not immediately changing the earnings picture. Sunrise Realty Trust outlines Thompson San Antonio sale process continuing over upcoming quarters while revolving facility stands at $165M

Institutional Investors Weigh In On Sunrise Realty Trust

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Sunrise Realty Trust by 19.2% in the 3rd quarter. Vanguard Group Inc. now owns 588,554 shares of the company’s stock worth $6,115,000 after purchasing an additional 94,628 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Sunrise Realty Trust by 8.4% in the 4th quarter. Geode Capital Management LLC now owns 252,711 shares of the company’s stock worth $2,383,000 after purchasing an additional 19,565 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of Sunrise Realty Trust by 8.0% in the 4th quarter. Stifel Financial Corp now owns 77,700 shares of the company’s stock worth $733,000 after purchasing an additional 5,760 shares during the last quarter. Corsair Capital Management L.P. grew its holdings in shares of 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 worth $478,000 after purchasing an additional 40,704 shares during the last quarter. Finally, Renaissance Technologies LLC grew its holdings in shares of Sunrise Realty Trust by 67.3% in the 4th quarter. Renaissance Technologies LLC now owns 47,000 shares of the company’s stock worth $443,000 after purchasing an additional 18,900 shares during the last quarter.

About Sunrise Realty Trust

(Get Free Report)

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.