Sunrise Realty Trust, Inc. (SUNS)
Sunrise Realty Trust, Inc. operates in the REIT - Mortgage industry of the Real Estate sector, headquartered in West Palm Beach, FL, US. The stock last traded at $7.19, down 0.55% on the session, giving a market capitalisation of $97.2M. On trailing twelve-month figures it carries a trailing P/E of 7.41, a net margin of 38.8%. Its beta of 1.14 implies it has historically moved more than the broad market.
Sunrise Realty Trust, Inc. engages in commercial real estate lending business in the United States. The company focuses on originating commercial real estate (CRE) loans and providing capital to borrowers and sponsors with business plants collateralized by CRE assets. It also intends to diversify investment portfolio, targeting investments for mortgage loans, mezzanine loans, B-notes, commercial mortgage-backed securities, and debt-like preferred equity securities across CRE asset classes. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. Sunrise Realty Trust, Inc. was founded in 2023 and is headquartered in West Palm Beach, Florida.
Sunrise Realty Trust, Inc. is most often compared with the following Real Estate names: