Sunrise Realty Trust (NASDAQ:SUNS) Chairman Leonard Tannenbaum Acquires 25,000 Shares

Posted by Stanley Muller on Aug 11th, 2026

Sunrise Realty Trust, Inc. (NASDAQ:SUNS – Get Free Report) Chairman Leonard Tannenbaum purchased 25,000 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was purchased at an average price of $7.79 per share, with a total value of $194,750.00. Following the acquisition, the chairman directly owned 3,072,719 shares of the company’s stock, valued at $23,936,481.01. This trade represents a 0.82% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Sunrise Realty Trust Trading Down 3.1%

Shares of SUNS traded down $0.24 during mid-day trading on Tuesday, hitting $7.49. The company’s stock had a trading volume of 99,930 shares, compared to its average volume of 99,755. The firm has a market capitalization of $101.26 million, a price-to-earnings ratio of 7.72, a PEG ratio of 0.59 and a beta of 1.02. The company’s 50-day moving average is $8.21 and its 200-day moving average is $8.40. Sunrise Realty Trust, Inc. has a 52-week low of $7.34 and a 52-week high of $11.78.

Sunrise Realty Trust (NASDAQ:SUNS – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01). Sunrise Realty Trust had a net margin of 53.33% and a return on equity of 8.24%. The firm had revenue of $8.56 million during the quarter, compared to the consensus estimate of $7.17 million. As a group, sell-side analysts predict that Sunrise Realty Trust, Inc. will post 1.2 earnings per share for the current fiscal year.

Sunrise Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $0.30 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 16.0%. Sunrise Realty Trust’s dividend payout ratio is presently 123.71%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on SUNS shares. Zacks Research upgraded Sunrise Realty Trust from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 28th. Weiss Ratings cut shares of Sunrise Realty Trust from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, July 16th. Wall Street Zen upgraded Sunrise Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Keefe, Bruyette & Woods raised their target price on Sunrise Realty Trust from $7.75 to $8.00 and gave the stock a “market perform” rating in a research note on Monday, May 18th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $8.00.

Get Our Latest Stock Analysis on SUNS

Institutional Trading of Sunrise Realty Trust

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SUNS. BlackRock Inc. purchased a new stake in Sunrise Realty Trust in the second quarter valued at approximately $1,038,000. Quantinno Capital Management LP lifted its stake in shares of Sunrise Realty Trust by 22.9% in the 1st quarter. Quantinno Capital Management LP now owns 50,951 shares of the company’s stock worth $391,000 after acquiring an additional 9,510 shares during the period. GatePass Capital LLC acquired a new stake in Sunrise Realty Trust in the first quarter valued at about $588,000. Hsbc Holdings PLC purchased a new stake in shares of Sunrise Realty Trust in the first quarter valued at approximately $87,000. Finally, Osaic Holdings Inc. boosted its position in shares of Sunrise Realty Trust by 7.1% during the 4th quarter. Osaic Holdings Inc. now owns 16,947 shares of the company’s stock worth $160,000 after purchasing an additional 1,127 shares in 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.