earnings
confidence high
sentiment positive
materiality 0.65
Sunrise Realty Q4 GAAP net income $1.9M; declares $0.30 dividend
Sunrise Realty Trust, Inc.
- Q4 2024 GAAP net income $1.9M ($0.27 EPS); Distributable Earnings $2.0M ($0.30 EPS).
- Full-year 2024 GAAP net income $6.9M ($1.01 EPS); Distributable Earnings $7.2M ($1.07 EPS).
- Q4 committed $75M in deals; post-quarter through March 1 committed another $74.8M.
- Declared Q1 2025 dividend of $0.30/share, payable Apr 15; record Mar 31.
- CEO cites momentum as independent public company; expanding in Southern U.S. markets.