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Sunrise Realty Trust Inc (SUNS)
NASDAQ:SUNS
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.27Last Year’s EPS
0.26Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 06, 2025
|% Change Since: -18.38%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a generally positive outlook with strong dividend declarations, robust loan origination, and a successful equity raise. However, uncertainties in the earnings pace for 2025 and challenges related to the interest rate environment present notable concerns.Company Guidance
During the fourth quarter and fiscal year 2024 earnings call for Sunrise Realty Trust, several key metrics and forward-looking statements were discussed. The company reported distributable earnings of $0.30 per weighted average share of common stock for the quarter ended December 31, 2024. The Board of Directors declared a $0.30 dividend per share for the quarter ending March 31, 2025, aligning with the company's earnings power. The TCG real estate platform, affiliated with SUNS, originated $538 million in loans during 2024, with SUNS committing $220 million and funding $162 million. As of December 31, 2024, $133 million of principal remained outstanding, and as of March 1, 2025, $259 million in commitments were reported. The active pipeline consists of $1.4 billion, with $115 million in loans originated in 2025 and SUNS committing $75 million. Management emphasized the company's strategic focus on the Southern U.S. markets and highlighted an equity raise that generated $77 million in gross proceeds, enhancing liquidity and potential financing sources. Additionally, SUNS' portfolio had a weighted average yield to maturity of 12.4%, with 85% of the loans being floating rate, and the management fee waiver was announced to mitigate earnings drag in the first quarter of 2025.Strong Dividend Declaration
SUNS declared a $0.30 dividend per share for the quarter ended March 31, 2025, reflecting consistency with distributable earnings and indicating strong earnings power.
Robust Loan Origination
SUNS committed $75 million to two transactions since year-end, including $44 million for Shell Plaza in New Orleans and $31 million for a residential asset in Florida, indicating a strong origination pipeline.
Successful Equity Raise
The company completed an offering raising approximately $77 million in gross proceeds, enhancing liquidity and expanding future financing options.
High Portfolio Yield
The portfolio has a weighted average yield to maturity of 12.4%, highlighting strong potential returns.
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SUNS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SUNS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 06, 2025 | $11.59 | $10.76 | -7.16% |
| Nov 07, 2024 | $14.36 | $14.38 | +0.14% |
| Aug 14, 2024 | $10.18 | $10.44 | +2.55% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sunrise Realty Trust Inc (SUNS) report earnings?
Sunrise Realty Trust Inc (SUNS) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Sunrise Realty Trust Inc (SUNS) earnings time?
Sunrise Realty Trust Inc (SUNS) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SUNS EPS forecast?
SUNS EPS forecast for the fiscal quarter 2025 (Q1) is 0.27.
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