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SUNS · Sunrise Realty Trust, Inc.

Track SUNS — free
$7.22 +0.24 (+3.44%) At close · Nov 13
Market Cap
$158.70M
Shares
21.98M
Volume · Nov 13 59.62K Avg daily vol (3M) 79.99K

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$7.22 Open$6.95 Day$6.81–7.23 52W close$5.79–10.35 Avg vol 30d82K Short int315K · 1.4% of shares · 4.6d Short vol43% Last earningsNov 11, 2026 DataJul 2024–Nov 2026 Filing10-Q · Nov 10

Up next

Mar 11, 2027 Est · unconfirmed · in 17 wks

Latest documents

2026
Nov 10
Current report 8-K
GAAP net income $2.9 million; merger completed

Sunrise Realty Trust, Inc. reported third-quarter GAAP net income of $2.9 million, or $0.21 per share, and Distributable Earnings of $3.2 million, or $0.24 per share, and completed its merger with Southern Realty Trust Inc. on November 5, 2026.

Financial results
3 source passages
Sunrise Realty Trust, Inc. Announces Financial Results for the Third Quarter 2026 For the third quarter of 2026, SUNS reported generally accepted accounting principles (“GAAP”) net income of $2.9 million, or $0.21 per basic weighted average common share, and Distributable Earnings of $3.2 million, or $0.24 per basic weighted average common share, including approximately 6 cents per share of one-time merger-related expenses. On November 5, 2026, SUNS completed its previously announced merger with Southern Realty Trust Inc. (“SRT”), its affiliated private mortgage real estate investment trust (the “Merger”). Open the document at this passage
Nov 10
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Sunrise Realty Trust completes Southern Realty Trust merger

Sunrise Realty Trust, Inc. completed its merger with Southern Realty Trust Inc. on November 5, 2026, issuing 8,464,977 shares and increasing shares outstanding to 21,980,828; it also authorized a $20.0 million stock repurchase program through December 31, 2027.

Revenue $5.75M ▼ 5.1% Net income $2.88M ▼ 28.9% Diluted EPS $0.21 ▼ 30.0%
Read from the MD&A section
5 source passages
This Quarterly Report, filed by Sunrise Realty Trust, Inc. (the “Company,” “SUNS,” “we,” “us,” and “our”), and the information incorporated by reference herein As previously reported, on August 5, 2026, we entered into an Agreement and Plan of Merger (the “Merger Agreement”), pursuant to which Southern Realty Trust Inc. (“SRT”) will merge with and into Sunrise Merger Sub, LLC On November 5, 2026, the Merger was completed pursuant to the terms of the Merger Agreement. As a result, we issued 8,464,977 shares of common stock as consideration for the Merger resulting in 21,980,828 shares of common stock issued and outstanding as of the Merger Effective Time. On October 12, 2026, the Company's Board of Directors authorized a stock repurchase program pursuant to which, effective as of the Merger Effective Time, the Company may repurchase up to $20.0 million of the Company’s common stock through December 31, 2027 Open the document at this passage
Nov 5
Current report 8-K
Merger closes with 8,464,975 shares issued

Sunrise Realty Trust completed its merger with Southern Realty Trust on November 5, 2026, issuing 8,464,975 shares and resulting in 21,980,826 shares outstanding at the effective time.

Entered into a material agreement, Completed an acquisition or sale of assets, Unregistered sale of equity, Regulation FD disclosure Read from the first part of this long document
3 source passages
On November 5, 2026, the Merger was completed pursuant to the terms of the Merger Agreement. As a result, the Company issued 8,464,975 shares of SUNS Common Stock as consideration for the Merger resulting in 21,980,826 shares of SUNS Common Stock issued and outstanding as of the Effective Time. by and among Sunrise Realty Trust, Inc. (the “Company”), Southern Realty Trust Inc. (“SRT”), Sunrise Merger Sub, LLC, a wholly owned subsidiary of the Company (“Merger Sub”), and, solely for the limited purposes set forth in the Merger Agreement, Sunrise Manager LLC, the external manager of the Company (“SUNS Manager”). Open the document at this passage
Oct 23
Current report 8-K
Shareholder vote results, Other events

Sunrise Realty Trust stockholders approved issuance of approximately 8,464,955 shares in connection with the Southern Realty Trust merger. The company declared a $0.09 per share Stub Period Dividend, payable November 5, 2026 to holders of record November 2, 2026.

Oct 13
Proxy statement DEFA14A
Proxy statement

Sunrise Realty Trust is supplementing its proxy statement ahead of the October 23, 2026 special meeting on its Southern Realty Trust merger and announced a $20.0 million common stock repurchase program effective at closing, with at least $10.0 million to be repurchased promptly after.

All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$24.10M
Trailing 12 months
Net income (TTM)
$11.84M
Trailing 12 months
Revenue growth YoY
-5.1%
Year over year
Operating margin
—
Trailing 12 months
P / E (TTM)
8.3
Trailing earnings · reciprocal yield 12.0%
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
$6.04M
Latest balance sheet
Dividend yield
19.1%
Trailing 12 months
Shares change YoY
+0.7%
Year over year · more shares
Price change (1Y)
-23.3%
Trailing year
Short interest
1.4%
Latest settlement · 4.6 days to cover
View all 129 metrics

AI Brief

Q2 FY26 earnings call · Aug 6, 2026
Q2 FY26

TL;DR. Sunrise Realty Trust reported Q2 2026 distributable earnings of $0.29/share, with H1 DE of $0.65/share exceeding dividends of $0.60/share, while announcing a definitive merger agreement to acquire Southern Realty Trust that would create a ~$290 million pro forma equity platform and lower the manager's incentive fee and hurdle rate.

Bullish
  • + Definitive merger agreement to acquire Southern Realty Trust would immediately grow equity base by ~60% to ~$290 million pro forma, expanding scale for unsecured financing and index inclusion.
  • + Management agreement amendment tied to the merger lowers the incentive fee from 20% to 17.5%, the hurdle rate from 8% to 7%, and includes a $1 million aggregate management fee waiver over four quarters.
  • + Panther National senior loan was repaid in full shortly after quarter end, redeploying capital into a ~12.3% weighted-average yield portfolio where all loans remain current.
  • + H1 2026 distributable earnings of $0.65/share exceeded declared dividends of $0.60/share, indicating earnings coverage of the dividend.
  • + TCG platform signed a $93 million senior construction term sheet for a Texas multifamily development to be structured on an A-note/B-note basis, expanding the transitional pipeline.
Bearish
  • − Thompson San Antonio owned hotel is being sold via purchase and sale agreement with non-refundable option payments, and SUNS/affiliates must provide seller financing to facilitate the buyer.
  • − Pipeline transactions were paused during Q2 due to sponsor reassessment amid rate volatility, and conversion of financing requests remains dependent on pricing, structure, and sponsor alignment.

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Sell
SellHoldBuy
Technical Neutral Momentum Weak Sentiment Bearish Fundamentals Strong Quant / Vol Very High
Market backdrop VIX 19.3 · elevated Equity put/call 0.63
Technical
price trend
Neutral
50 / 200-day cross No cross
Price vs 200-day avg −8%
below
Price vs 50-day avg +7%
above
RSI (14) 62
neutral
MACD trend Positive
52-week position 31%
mid-range
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Weak
1-month return +13%
trailing
6-month return −15%
trailing
YTD return −23%
this year
Relative strength −16%
vs S&P · 6-mo
Sentiment
smart money
Bearish
Trend (MA cross) No cross
50d $7 › 200d $8 — 200d above 50d
Institutional flow Distributing
54 of 71 funds reported for Sep 30 · net -348.5K sh shares · +2 new
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
1.43% of shares out · ▲ +15.0% MoM · 4.6 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
71 holders — mid 2-yr range
Squeeze score 63
elevated · 0–100
Fundamentals
Strong
Revenue growth +103%
Y/Y
EPS growth −7%
Y/Y
Valuation P/E 8.3
below peers
Buyback $20.0M
authorized
Quant / Vol
risk profile
Very High
Volatility 35%
annualized · 1-yr
Max drawdown −44%
past year
ATR 4.3%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Technicals

trend & momentum for long-term holders Neutral
1 · 4 · 2
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−8% Bearish
Price vs 50-day avg
+7% Bullish
RSI (14)
62 Neutral
MACD trend
Positive Bullish
52-week position
31% Neutral
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bearish · 2 of 6
Trend (MA cross) No cross
50d $7 › 200d $8 — 200d above 50d
Institutional flow Distributing
54 of 71 funds reported for Sep 30 · net -348.5K sh shares · +2 new
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
1.43% of shares out · ▲ +15.0% MoM · 4.6 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
71 holders — mid 2-yr range
Price context
position in its 52-week range
Range low $6 Now $7 · 31% Range high $10
vs 200-day avg -8% vs 50-day avg +7%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
Distributable Earnings non-GAAP $3.9M Q2 2026 —
GAAP → non-GAAP reconciliation
GAAP Net income $3,076,025
+$297,484 Stock-based compensation expense
+$0 Depreciation and amortization
+$0 Unrealized (gains) losses, or other non-cash items
+$557,248 Provision for current expected credit losses
+$0 TRS (income) loss
+$0 One-time events pursuant to changes in GAAP and certain non-cash charges
= Distributable Earnings $3,930,757
Distributable Earnings per basic weighted average share non-GAAP $0.65 six months ended June 30, 2026 —

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

REIT - Mortgage — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
SUNS
Sunrise Realty Trust, Inc.
this stock
$158.70M -23.4% +103.0% 8.3 1.4%
NLY
Annaly Capital Management Inc
$13.91B -21.1% — 12.4 3.4%
AGNC
AGNC Investment Corp.
$10.48B -23.2% — — 11.8%
RITM
Rithm Capital Corp.
$5.01B -17.7% -6.7% 14.2 5.8%
STWD
Starwood Property Trust, Inc.
$4.13B -37.0% -5.3% — 5.5%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Reducing
Holders
61
% held
12.8%
Reported
54 of 71
Top holder
Pacific Ridge Capital Par…
Held Float
View
Held by Funds
Fund positions
20
View
Short & Settlement
Short Interest Rising
Shares short
315.0K
Days to cover
4.6d
Change
+41.1K sh
View
Short Volume
Short vol %
43%
As of
Nov 13, 2026
Short Total
View
Fails to Deliver
FTD shares
4.4K
Value
$26.6K
As of
Oct 9, 2026
View
Off-Exchange
Off-exchange %
43.8%
Week of
Oct 5, 2026
Off-exch Lit
View
Financials
Financials
Revenue (FY)
$21.6M
Net income (FY)
$12.1M
EPS diluted
$0.93
View
Buybacks
Authorized
$20.0M
View
Filings
SEC Filings
Latest
10-Q
Filed
Nov 10, 2026
This year
23

Sunrise Realty Trust, Inc. completed its merger with Southern Realty Trust Inc. on November 5, 2026, issuing 8,464,977 shares and increasing shares outstanding to 21,980,828; it also authorized a $20.0 million stock repurchase program through December 31, 2027.

View
Earnings & Events
Webcasts
Last webcast
Nov 11, 2026
View
Investor Relations
Latest news
Sunrise Realty Trust, Inc. Announ…
Published
Nov 10, 2026
View

Performance

5D 20D 120D MTD YTD
SUNS +6.8% +13.0% -15.1% +9.2% -23.4%
SPY +2.6% -1.2% +0.5% -0.2% +10.6%
vs SPY +4.2% +14.2% -15.6% +9.4% -34.1%

Capital returns

Latest dividend
$0.09 / share · ex Nov 5, 2026
Cut 70%
Paid (TTM)
$1.38 / share · 6 payouts
Dividend yield (TTM, derived)
19.11%
Full dividend history
Buyback program · as of Oct 12, 2026
Authorized
$20.00M
Spent (derived)
—
Remaining
—

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 2012706 CUSIP 867981102 13F (30d) 41 filings 38 filers Visit website Investor relations