Wall Street Zen upgraded shares of Sunrise Realty Trust (NASDAQ:SUNS – Free Report) from a sell rating to a hold rating in a research note released on Saturday morning.
SUNS has been the subject of several other research reports. Zacks Research lowered shares of Sunrise Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 24th. Keefe, Bruyette & Woods dropped their price target on shares of Sunrise Realty Trust from $9.50 to $8.75 and set a “market perform” rating for the company in a research report on Wednesday, March 18th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Sunrise Realty Trust in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Sell” and an average price target of $8.75.
Get Our Latest Stock Report on SUNS
Sunrise Realty Trust Price Performance
Sunrise Realty Trust (NASDAQ:SUNS – Get Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.06. The business had revenue of $10.27 million during the quarter, compared to the consensus estimate of $6.18 million. Sunrise Realty Trust had a net margin of 54.82% and a return on equity of 8.31%. On average, analysts anticipate that Sunrise Realty Trust will post 1.22 EPS for the current year.
Sunrise Realty Trust Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 15.1%. The ex-dividend date of this dividend was Tuesday, March 31st. Sunrise Realty Trust’s payout ratio is presently 127.66%.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in SUNS. Vanguard Group Inc. raised its holdings in Sunrise Realty Trust by 19.2% in the third quarter. Vanguard Group Inc. now owns 588,554 shares of the company’s stock valued at $6,115,000 after acquiring an additional 94,628 shares in the last quarter. Pacific Ridge Capital Partners LLC raised its holdings in Sunrise Realty Trust by 55.9% in the third quarter. Pacific Ridge Capital Partners LLC now owns 372,774 shares of the company’s stock valued at $3,873,000 after acquiring an additional 133,608 shares in the last quarter. Geode Capital Management LLC raised its holdings in Sunrise Realty Trust by 8.4% in the fourth quarter. Geode Capital Management LLC now owns 252,711 shares of the company’s stock valued at $2,383,000 after acquiring an additional 19,565 shares in the last quarter. Stifel Financial Corp raised its holdings in Sunrise Realty Trust by 8.0% in the fourth quarter. Stifel Financial Corp now owns 77,700 shares of the company’s stock valued at $733,000 after acquiring an additional 5,760 shares in the last quarter. Finally, GatePass Capital LLC acquired a new stake in Sunrise Realty Trust in the first quarter valued at $588,000.
Trending Headlines about Sunrise Realty Trust
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
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.
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