Sunrise Realty Trust NASDAQ: SUNS reported second-quarter distributable earnings of $0.29 per basic weighted average share and announced a definitive agreement to acquire Southern Realty Trust, a private mortgage REIT on the TCG Real Estate platform.
Sunrise Realty Trust, Inc. (SUNS) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.3 per share. This compares to earnings of $0.31 per share a year ago.
Sunrise Realty Trust has underperformed mREIT peers in early 2026, most likely impacted by broader concerns about private credit. The underwhelming stock performance is at odds with SUNS's strong Q1 2026 results, with earnings growth driven by a larger portfolio and low loan loss provisions. SUNS's leverage remains low, allowing the company to continue growing its loan portfolio without issuing common stock.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 7 | $54 | $54.88 | $0.88 | 1.63% |
| NA Nizar Araji National Bank Of Canada /FI/ | 975 | $9,194.25 | $7,605 | -$1,589.25 | -17.29% |
| JRP Jay R. Petschek Corsair Capital Management LP | 50,704 | $489,838.94 | $392,956 | -$96,882.94 | -19.78% |
Jeff Ameen Spire Wealth Management | 5,598 | $78,819.84 | $43,888.32 | -$34,931.52 | -44.32% |
Richard Slavik Newbridge Financial Services Group Inc. | 399 | $5,617.92 | $3,092.25 | -$2,525.67 | -44.96% |
| Residential REITs Industry | Real Estate Sector | Brian Sedrish CEO | NASDAQ (CM) Exchange | 867981102 CUSIP |
| US Country | - Employees | 30 Jun 2026 Last Dividend | - Last Split | - IPO Date |
Sunrise Realty Trust, Inc. is a company that specializes in the commercial real estate (CRE) lending sector. Founded in 2023, it is headquartered in West Palm Beach, Florida. The primary focus of the company is on originating CRE debt investments and providing capital solutions to borrowers and sponsors engaged in transitional business plans that are backed by commercial real estate assets. Sunrise Realty Trust aims to deliver a diversified investment portfolio by targeting a variety of investment vehicles within the commercial real estate space.