B. Riley Forecasts Weaker Earnings for Sunrise Realty Trust

Sunrise Realty Trust, Inc. (NASDAQ:SUNS) – Research analysts at B. Riley dropped their Q1 2025 earnings estimates for shares of Sunrise Realty Trust in a report issued on Thursday, March 6th. B. Riley analyst R. Binner now anticipates that the company will post earnings per share of $0.27 for the quarter, down from their prior forecast of $0.29. B. Riley currently 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.

SUNS has been the subject of a number of other reports. Raymond James reduced their target price on shares of Sunrise Realty Trust from $15.00 to $14.50 and set an “outperform” rating for the company in a report on Monday. Keefe, Bruyette & Woods lowered their target price on shares of Sunrise Realty Trust from $12.75 to $12.25 and set an “outperform” rating on the stock in a research report on Monday.

Sunrise Realty Trust Price Performance

Shares of SUNS opened at $11.13 on Monday. Sunrise Realty Trust has a 1-year low of $8.11 and a 1-year high of $15.74. The firm has a fifty day moving average price of $12.39 and a 200 day moving average price of $13.67.

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

Sunrise Realty Trust Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 10.78%. The ex-dividend date of this dividend is Monday, March 31st.

Insider Buying and Selling

In other Sunrise Realty Trust news, Chairman Leonard M. Tannenbaum acquired 39,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 18th. The shares were purchased at an average price of $13.42 per share, for a total transaction of $523,380.00. Following the completion of the purchase, the chairman now directly owns 1,373,376 shares in the company, valued at $18,430,705.92. The trade was a 2.92 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Insiders have bought 1,087,429 shares of company stock valued at $13,171,696 in the last quarter. Company insiders own 5.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of SUNS. Tower Research Capital LLC TRC grew its position in 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 worth $41,000 after purchasing an additional 2,279 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Sunrise Realty Trust by 60.4% in the fourth quarter. Bank of America Corp DE now owns 5,183 shares of the company’s stock valued at $73,000 after acquiring an additional 1,952 shares in the last quarter. Barclays PLC bought a new position in shares of Sunrise Realty Trust in the third quarter valued at approximately $106,000. Spire Wealth Management bought a new position in shares of Sunrise Realty Trust in the fourth quarter valued at approximately $137,000. Finally, JPMorgan Chase & Co. bought a new position in shares of Sunrise Realty Trust in the third quarter valued at approximately $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.