Q1 EPS Estimates for Sunrise Realty Trust Cut by B. Riley

Sunrise Realty Trust, Inc. (NASDAQ:SUNS) – Equities researchers at B. Riley reduced their Q1 2025 EPS estimates for Sunrise Realty Trust in a research report issued on Thursday, March 6th. B. Riley analyst R. Binner now forecasts that the company will post earnings of $0.27 per share for the quarter, down from their prior forecast of $0.29. B. Riley has a “Strong-Buy” rating on the stock. The consensus estimate for Sunrise Realty Trust’s current full-year earnings is $0.58 per share. B. Riley also issued estimates for Sunrise Realty Trust’s Q2 2025 earnings at $0.28 EPS, Q4 2025 earnings at $0.34 EPS and FY2025 earnings at $1.24 EPS.

Several other analysts also recently commented on SUNS. Keefe, Bruyette & Woods started coverage on shares of Sunrise Realty Trust in a research report on Tuesday, February 11th. They issued an “outperform” rating and a $12.75 price target for the company. Raymond James restated an “outperform” rating and set a $15.00 price objective (down previously from $17.50) on shares of Sunrise Realty Trust in a research report on Monday, February 3rd.

Sunrise Realty Trust Trading Up 0.4 %

SUNS stock opened at $11.10 on Monday. The company has a fifty day moving average price of $12.46 and a 200 day moving average price of $13.68. Sunrise Realty Trust has a 12 month low of $8.11 and a 12 month high of $15.74.

Sunrise Realty Trust (NASDAQ:SUNS) last released its quarterly earnings results on Thursday, March 6th. The company reported $0.30 EPS for the quarter, meeting the consensus estimate of $0.30. The business had revenue of $3.45 million during the quarter, compared to analysts’ expectations of $3.25 million.

Sunrise Realty Trust Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.30 per share. The ex-dividend date is Monday, March 31st. This represents a $1.20 dividend on an annualized basis and a yield of 10.81%.

Insiders Place Their Bets

In related news, Chairman Leonard M. Tannenbaum purchased 39,000 shares of the business’s stock in a transaction dated Wednesday, December 18th. The stock was acquired at an average price of $13.42 per share, for a total transaction of $523,380.00. Following the acquisition, the chairman now directly owns 1,373,376 shares of the company’s stock, valued at $18,430,705.92. This trade represents a 2.92 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders bought 1,087,429 shares of company stock worth $13,171,696. 5.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Sunrise Realty Trust

A number of large investors have recently made changes to their positions in SUNS. Tower Research Capital LLC TRC increased its holdings in shares of Sunrise Realty Trust by 353.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,923 shares of the company’s stock valued at $41,000 after purchasing an additional 2,279 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Sunrise Realty Trust by 60.4% in the 4th quarter. Bank of America Corp DE now owns 5,183 shares of the company’s stock valued at $73,000 after purchasing an additional 1,952 shares in the last quarter. Barclays PLC purchased a new position in shares of Sunrise Realty Trust in the 3rd quarter valued at about $106,000. Spire Wealth Management purchased a new position in shares of Sunrise Realty Trust in the 4th quarter valued at about $137,000. Finally, JPMorgan Chase & Co. purchased a new position in shares of Sunrise Realty Trust in the 3rd quarter valued at about $155,000.

Sunrise Realty Trust Company Profile

Sunrise Realty Trust, Inc engages in commercial real estate (CRE) lending business. It focuses on originating CRE debt investments and providing capital to borrowers and sponsors with transitional business plans collateralized by CRE assets. The company intends to create a diversified investment portfolio, targeting investments in senior mortgage loans, mezzanine loans, whole loans, B-notes, CMBS, and debt-like preferred equity securities across CRE asset classes.