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AI brief of an SEC Form 8-K · Sunrise Realty Trust, Inc. (SUNS)

Sunrise Realty Trust Q3 earnings fall; Distributable Earnings $0.24 per share vs $0.31

Negative Impact 4 of 5 earnings

Sunrise Realty Trust (SUNS) reported lower third-quarter 2026 results than a year earlier, with GAAP net income of $2.9 million versus $4.1 million in the third quarter of 2025. The company completed its merger with Southern Realty Trust on November 5, 2026, which it says gives it a larger platform, though its third-quarter Distributable Earnings included about 6 cents per share of one-time merger-related expenses.

Key points

  • Q3 2026 GAAP net income was $2.9 million, or $0.21 per basic share, compared with $4.1 million in Q3 2025.
  • Q3 2026 Distributable Earnings were $3.2 million, or $0.24 per share, versus $0.31 per share in Q3 2025; the figure includes about 6 cents of one-time merger expenses.
  • Nine-month Distributable Earnings were $0.89 per share, compared with $0.90 per share of dividends declared over the same period.
  • The Southern Realty Trust merger closed November 5, 2026, with a prorated $0.09 per share dividend paid for October 1 through November 4.

The filing

CompanySunrise Realty Trust, Inc. (SUNS)
Form8-K, current report
Filed with the SECNov 10, 2026, 5:30 PM ET
Accession number0001628280-26-072851

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 10, 2026, 5:40 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.