NASDAQ$SUNS

Sunrise Realty Trust Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Sunrise Realty Trust (SUNS) reported Q1 2026 net income of $4.3M and diluted EPS of $0.32.

For the three months ended March 31, 2026, Sunrise Realty Trust, a mortgage REIT, earned net income of $4.3 million ($0.32 basic and diluted EPS) versus $3.1 million ($0.27) in Q1 2025. Net interest income was $7.3 million on interest income of $10.3 million and interest expense of $3.0 million. Total expenses were $3.0 million including management and incentive fees of $1.6 million.

  • Net interest income $7.3M (+58% YoY) on higher interest-earning assets.
  • Net income $4.25M; weighted average diluted shares ~13.3M.
  • REIT elected status; no federal income tax expense in the quarter.
  • CECL provision release benefited pre-tax income by $60K.
  • Externally managed structure with rising management and incentive fees.

Headline financials

Total Revenue

$7.31M

Previous: $4.62M+58.0%
EPS (adj)

$0.32

Previous: $0.27+18.5%
Net interest income

$7.31M

No prior period
Net Income

$4.25M

Previous: $3.1M+37.2%
Operating Income

-$3.05M

Previous: -$1.52M-100.4%
Gross Profit

-$60.3K

Previous: -$118K+48.8%
Cash & Equivalents

$5.66M

No prior period
Total Assets

$330M

No prior period

Revenue & EPS history

Sunrise Realty Trust Inc · Revenue · Quarterly

$7.31M

Q1 2026+58%vs Q1 2025
Beat estimate in 5 of 9 quarters(56%)
ActualEstimate

Forward guidance

Mortgage REIT without traditional EPS guidance; outlook tied to loan origination pace, funding costs, and credit performance.

Tailwinds

  • Net interest income grew with asset growth.
  • Earnings per share increased year over year.
  • Tax-advantaged REIT distribution framework.

Headwinds

  • Rising interest expense on liabilities.
  • Credit loss provisioning volatility.
  • External management fees scale with assets.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+1.0%

Avg return

Earnings day

+2.0%

Avg return

5 days after

+4.6%

Avg return

30 days after

57%

21 / 37 earnings

Positive

+12.8%

Q2 2024

Best reaction

-7.1%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+9.1%+8.2%+16.1%
Q4 2025-2.0%-6.5%-14.6%
Q3 2025-0.6%-0.1%+9.5%
Q2 2025+2.6%+8.8%+11.0%
Q1 2025-0.8%+5.1%+6.1%
Q4 2024-7.1%-6.5%-17.5%
Q3 2024-0.9%-3.4%-7.7%
Q2 2024+12.8%+10.5%+33.9%
Q1 2024
Q3 2023
Q4 2021+1.9%
Q3 2021+0.3%
Q2 2021+0.3%
Q1 2021-0.2%
Q4 2020+1.7%
Q3 2020+3.3%
Q2 2020+2.5%
Q1 2020+4.6%
Q4 2019-2.2%
Q3 2019+0.0%
Q2 2019-0.6%
Q1 2019-0.2%
Q4 2018+3.6%
Q3 2018+2.8%
Q2 2018+0.3%
Q1 2018+0.5%
Q4 2017-1.1%
Q3 2017+1.5%
Q2 2017-2.5%
Q1 2017-0.5%
Q4 2016-0.7%
Q3 2016-0.3%
Q2 2016+0.1%
Q1 2016+2.5%
Q4 2015+2.2%
Q3 2015+2.3%
Q2 2015+4.1%
Q1 2015-3.8%
Q4 2014+3.5%

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