Sunrise Realty Trust (SUNS)
Market Price (8/23/2026): $7.65 | Market Cap: $101.3 MilSector: Financials | Industry: Mortgage REITs
Sunrise Realty Trust (SUNS)
Market Price (8/23/2026): $7.65Market Cap: $101.3 MilSector: FinancialsIndustry: Mortgage REITs
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 29%, Dividend Yield is 16%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 24% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 81% Low stock price volatilityVol 12M is 31% Megatrend and thematic driversMegatrends include Sustainable & Green Buildings, and Smart Buildings & Proptech. Themes include ESG REITs, and IoT for Buildings. | Weak multi-year price returns2Y Excs Rtn is -53%, 3Y Excs Rtn is -89% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 134% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -2.0%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2.0% Key risksSUNS key risks include [1] its significant loan concentration in Sun Belt residential properties and [2] potential shareholder dilution from future capital issuance. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 29%, Dividend Yield is 16%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 24% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 81% |
| Low stock price volatilityVol 12M is 31% |
| Megatrend and thematic driversMegatrends include Sustainable & Green Buildings, and Smart Buildings & Proptech. Themes include ESG REITs, and IoT for Buildings. |
| Weak multi-year price returns2Y Excs Rtn is -53%, 3Y Excs Rtn is -89% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 134% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -2.0%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2.0% |
| Key risksSUNS key risks include [1] its significant loan concentration in Sun Belt residential properties and [2] potential shareholder dilution from future capital issuance. |
Qualitative Assessment
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Sunrise Realty Trust (SUNS) stock has gained about 5% since 4/30/2026 because of the following key factors:
1. Outperformance in fiscal Q1 2026 earnings significantly boosted investor confidence.
Sunrise Realty Trust reported fiscal Q1 2026 GAAP net income of $4.3 million, or $0.32 per basic weighted average common share, and Distributable Earnings of $4.7 million, or $0.35 per basic weighted average common share, announced on May 14, 2026. This performance notably surpassed the consensus EPS estimate of $0.26 by 23.03%. Additionally, the company's revenue of $10.27 million for the quarter exceeded analysts' expectations of $6.18 million.
2. A strategic merger agreement with Southern Realty Trust Inc. positioned the company for enhanced growth and efficiency.
On August 6, 2026, Sunrise Realty Trust announced a definitive merger agreement to acquire Southern Realty Trust Inc., a transaction expected to close in fiscal Q4 2026. This consolidation is anticipated to create a larger commercial real estate lending platform with increased margin, improved trading liquidity, and access to more efficient leverage. The combined entity is projected to have approximately $289 million of book value, $534 million of total assets, and $604 million of total loan commitments on a pro forma basis as of June 30, 2026, representing a roughly 60% increase in Sunrise's equity base. Furthermore, the amended management agreement will reduce the incentive fee rate from 20% to 17.5% and the hurdle rate from 8% to 7%, alongside a $1.0 million management fee waiver over four quarters.
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Sunrise Realty Trust (SUNS) stock has gained about 5% since 4/30/2026 because of the following key factors:
1. Outperformance in fiscal Q1 2026 earnings significantly boosted investor confidence.
Sunrise Realty Trust reported fiscal Q1 2026 GAAP net income of $4.3 million, or $0.32 per basic weighted average common share, and Distributable Earnings of $4.7 million, or $0.35 per basic weighted average common share, announced on May 14, 2026. This performance notably surpassed the consensus EPS estimate of $0.26 by 23.03%. Additionally, the company's revenue of $10.27 million for the quarter exceeded analysts' expectations of $6.18 million.
2. A strategic merger agreement with Southern Realty Trust Inc. positioned the company for enhanced growth and efficiency.
On August 6, 2026, Sunrise Realty Trust announced a definitive merger agreement to acquire Southern Realty Trust Inc., a transaction expected to close in fiscal Q4 2026. This consolidation is anticipated to create a larger commercial real estate lending platform with increased margin, improved trading liquidity, and access to more efficient leverage. The combined entity is projected to have approximately $289 million of book value, $534 million of total assets, and $604 million of total loan commitments on a pro forma basis as of June 30, 2026, representing a roughly 60% increase in Sunrise's equity base. Furthermore, the amended management agreement will reduce the incentive fee rate from 20% to 17.5% and the hurdle rate from 8% to 7%, alongside a $1.0 million management fee waiver over four quarters.
3. Strong portfolio performance was underscored by a significant loan repayment and consistent loan status.
Sunrise Realty Trust announced the full repayment of its $160 million investment in the Panther National Credit Facility on July 21, 2026. This event, highlighted by management, reinforced the company's capability in originating, structuring, and exiting transitional investments. As of fiscal Q2 2026, all loans in Sunrise's portfolio remained current, reflecting a resilient portfolio and disciplined operational management.
4. A favorable broader real estate investment trust (REIT) market environment provided tailwinds.
The overall REIT sector demonstrated robust investment performance through mid-year 2026, outperforming the broader equity market by 4.6 percentage points. This positive trend reversed previous years' performance and indicated that REITs can thrive even in an elevated interest rate environment. Moreover, global private real estate values experienced increases for six consecutive quarters through fiscal Q1 2026, and transaction volumes across major global markets rose by 17% year-over-year.
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Stock Movement Drivers
Fundamental Drivers
The 5.9% change in SUNS stock from 4/30/2026 to 8/22/2026 was primarily driven by a 27.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 4302026 | 8222026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.22 | 7.65 | 5.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 26 | 33 | 27.0% |
| Net Income Margin (%) | 46.0% | 38.8% | -15.6% |
| P/E Multiple | 7.9 | 7.8 | -1.4% |
| Shares Outstanding (Mil) | 13 | 13 | 0.2% |
| Cumulative Contribution | 5.9% |
Market Drivers
4/30/2026 to 8/22/2026| Return | Correlation | |
|---|---|---|
| SUNS | 5.9% | |
| Market (SPY) | 6.5% | 32.2% |
| Sector (XLF) | 10.3% | 39.0% |
Fundamental Drivers
The -12.3% change in SUNS stock from 1/31/2026 to 8/22/2026 was primarily driven by a -28.3% change in the company's Net Income Margin (%).| (LTM values as of) | 1312026 | 8222026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.73 | 7.65 | -12.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 23 | 33 | 46.8% |
| Net Income Margin (%) | 54.2% | 38.8% | -28.3% |
| P/E Multiple | 9.3 | 7.8 | -16.8% |
| Shares Outstanding (Mil) | 13 | 13 | 0.1% |
| Cumulative Contribution | -12.3% |
Market Drivers
1/31/2026 to 8/22/2026| Return | Correlation | |
|---|---|---|
| SUNS | -12.3% | |
| Market (SPY) | 11.0% | 39.0% |
| Sector (XLF) | 8.1% | 43.0% |
Fundamental Drivers
The -12.7% change in SUNS stock from 7/31/2025 to 8/22/2026 was primarily driven by a -35.0% change in the company's P/E Multiple.| (LTM values as of) | 7312025 | 8222026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.76 | 7.65 | -12.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 14 | 33 | 143.2% |
| Net Income Margin (%) | 59.6% | 38.8% | -34.8% |
| P/E Multiple | 12.0 | 7.8 | -35.0% |
| Shares Outstanding (Mil) | 11 | 13 | -15.3% |
| Cumulative Contribution | -12.7% |
Market Drivers
7/31/2025 to 8/22/2026| Return | Correlation | |
|---|---|---|
| SUNS | -12.7% | |
| Market (SPY) | 22.2% | 33.9% |
| Sector (XLF) | 11.1% | 43.7% |
Fundamental Drivers
nullnull
Market Drivers
7/31/2023 to 8/22/2026| Return | Correlation | |
|---|---|---|
| SUNS | ||
| Market (SPY) | 73.2% | 30.2% |
| Sector (XLF) | 70.0% | 33.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SUNS Return | - | - | - | 30% | -25% | -13% | -15% |
| Peers Return | 31% | -16% | 25% | -3% | 4% | -9% | 27% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| SUNS Win Rate | - | - | - | 67% | 33% | 12% | |
| Peers Win Rate | 62% | 48% | 53% | 55% | 53% | 38% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| SUNS Max Drawdown | - | - | - | - | -42% | -21% | |
| Peers Max Drawdown | -16% | -30% | -27% | -17% | -21% | -22% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: STWD, BXMT, ARI, ABR, LADR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/21/2026 (YTD)
How Low Can It Go
| Event | SUNS | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -29.1% | -18.8% |
| % Gain to Breakeven | 41.1% | 23.1% |
| Time to Breakeven | 84 days | 79 days |
In The Past
Sunrise Realty Trust's stock fell -29.1% during the 2025 US Tariff Shock. Such a loss loss requires a 41.1% gain to breakeven.
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Asset Allocation
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| Event | SUNS | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -29.1% | -18.8% |
| % Gain to Breakeven | 41.1% | 23.1% |
| Time to Breakeven | 84 days | 79 days |
In The Past
Sunrise Realty Trust's stock fell -29.1% during the 2025 US Tariff Shock. Such a loss loss requires a 41.1% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Sunrise Realty Trust (SUNS)
Sunrise Realty Trust (SUNS) is an institutional lender focused on the commercial real estate market. The company's primary business involves originating and funding loans for various commercial property developments.
SUNS specifically targets commercial real estate projects located throughout the Southern United States. The firm seeks to achieve investment rates in the mid-teens on the loans it provides, indicating a strategy centered on higher-yielding debt investments within its defined geographic and sector focus.
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Blackstone (for Commercial Real Estate Debt): Imagine a smaller, specialized version of Blackstone, but exclusively focused on providing higher-yield loans for commercial real estate projects in the Southern United States.
Rocket Mortgage (for Businesses): It's like Rocket Mortgage, but instead of home loans, SUNS provides financing for commercial properties (offices, apartments, warehouses) in the Southern US, specifically targeting higher-yield opportunities.
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- Commercial Real Estate Loans: Sunrise Realty Trust originates and funds loans specifically for commercial real estate projects in the Southern United States.
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Sunrise Realty Trust (SUNS) is an institutional lender that originates and funds loans to commercial real estate projects. Therefore, its major customers are other companies involved in the development, ownership, and management of commercial real estate.
These customers typically include:
- Commercial real estate developers
- Real estate investment firms
- Owners of commercial properties seeking financing for acquisition, development, or refinancing
The provided background information does not list the names of specific customer companies, nor does it indicate if any of these customers are publicly traded.
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Brian Sedrish, Chief Executive Officer
Mr. Sedrish was appointed CEO in July 2024. He brings over 20 years of leadership experience within real estate private equity, focusing on institutional commercial real estate opportunities. Mr. Sedrish previously served as a Managing Director and Portfolio Manager at Related Fund Management from 2013 to 2023. He also held the role of Head of Commercial Real Estate Acquisitions Special Situations for Deutsche Bank.
Brandon Hetzel, Chief Financial Officer and Treasurer
Mr. Hetzel has over fourteen years of real estate and financial management experience, with a focus on real estate and REITs. Before joining Sunrise Realty Trust, he was the VP of Finance for a real estate development and asset management company. Additionally, he spent seven years with PricewaterhouseCoopers as a manager in their REIT audit practice.
Leonard M. Tannenbaum, CFA, Founder and Executive Chairman
Mr. Tannenbaum is the Founder of TCG (Tannenbaum Capital Group) and founded Sunrise Realty Trust on August 28, 2023. He contributes over 30 years of experience to the company.
Robyn Tannenbaum, Partner, President
Ms. Tannenbaum began her career in the investment banking healthcare division at CIT Group, concentrating on mergers & acquisitions and leveraged finance transactions. She successfully managed three publicly traded entities as the Executive Director and Head of Investor Relations for Fifth Street Asset Management.
Gabriel Katz, Secretary and Chief Legal Officer
Mr. Katz possesses over 10 years of experience advising public and private companies on acquisitions, debt and equity financings, corporate governance, and continuous reporting obligations. Prior to joining Sunrise Realty Trust, he worked in the corporate and securities groups at national law firms and led the corporate legal team at a unicorn technology company.
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1. Commercial Real Estate Market Downturn and Credit Risk
As an institutional lender focused on commercial real estate (CRE) projects, Sunrise Realty Trust is highly susceptible to downturns and volatility within the CRE market. Factors such as rising interest rates, declining property values, and reduced demand for certain property types (e.g., office and retail due to remote work and e-commerce) can lead to increased loan delinquencies and defaults. This credit risk is exemplified by specific asset underperformance, such as the foreclosure on the Thompson Hotel in San Antonio, which negatively impacted the company's distributable earnings due to slow ramp-up, market oversupply, and the sponsor's inability to provide additional capital. A broad decline in commercial property prices, as has been observed since March 2022, directly threatens the collateral value of their loans and the financial health of their borrowers.
2. Interest Rate Volatility
Significant fluctuations in interest rates pose a substantial risk to Sunrise Realty Trust. While the firm targets loans with investment rates in the mid-teens, higher borrowing costs across the market can directly depress commercial property values and make new investments more expensive. This can lead to a slowdown in new deal activity and create challenges for borrowers to service existing loans, thereby increasing the risk of defaults in SUNS's portfolio. The current environment of rising interest rates has been noted as a factor in the broader pressure on the commercial real estate sector.
3. Geographic Concentration
Sunrise Realty Trust's strategy of originating and funding loans primarily to commercial real estate projects in the Southern United States introduces a significant geographic concentration risk. While this focus may offer specific market advantages, it also means that economic downturns, adverse regulatory changes, or localized oversupply issues within this particular region could disproportionately impact the company's portfolio performance and profitability.
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The addressable market for Sunrise Realty Trust (SUNS), an institutional lender specializing in commercial real estate loans in the Southern United States, can be estimated by considering the total outstanding commercial real estate debt in the U.S. and the Southern region's share of that market.
The total outstanding commercial real estate debt in the United States was $4.8 trillion through the second quarter of 2025. The Southern region of the United States accounted for 29% of the total U.S. commercial real estate market in 2025.
Based on these figures, the estimated addressable market for commercial real estate loans in the Southern United States is approximately $1.39 trillion (U.S. $4.8 trillion * 0.29). This market size is for the Southern United States region.
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Expected Drivers of Future Revenue Growth for Sunrise Realty Trust (SUNS)
- Expanded Lending Capacity: Sunrise Realty Trust has recently expanded its senior secured revolving credit facility to $165 million, with the potential for further increase to $200 million. This additional capital is earmarked to finance ongoing originations in its target commercial real estate markets, fund future draws, and cover unfunded commitments under existing loans, directly boosting its lending volume and, consequently, revenue.
- Strategic Focus on High-Growth Southern U.S. Commercial Real Estate Market: The company is concentrating its lending efforts on "highly actionable deals" within the robust commercial real estate markets of the Southern United States. This includes a focus on transitional commercial real estate projects, as well as multifamily and industrial assets, capitalizing on strong loan demand in these rapidly expanding regions.
- Resolution of Non-Accrual Assets: Successfully resolving non-accrual assets, such as the recently foreclosed Thompson Hotel loan, is expected to restore momentum and expand the company's borrowing base. The non-accrual status of this loan has previously reduced distributable earnings and limited credit facility utilization, so its resolution is anticipated to positively impact future financial performance.
- Net Interest Margin Expansion from Floating-Rate Loans: A significant portion (97%) of Sunrise Realty Trust's loan portfolio consists of floating-rate loans with an average SOFR floor of approximately 4%. With SOFR having dropped below 4% and a lower floor of approximately 2.6% on its credit line, there is potential for an expansion in the company's net interest margin, which would lead to increased interest income.
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Share Issuance
- Sunrise Realty Trust was spun off from Advanced Flower Capital Inc. in July 2024, establishing it as an independent publicly-traded REIT.
- As of December 31, 2025, the company reported total shareholder equity of $182 million.
Inbound Investments
- The company expanded its senior secured revolving credit facility to $165 million, with the potential to further increase to $200 million.
- This credit facility, initially set up with East West Bank in November 2024, was expanded in March 2026 with the inclusion of Customers Bank.
Outbound Investments
- Sunrise Realty Trust's core business is originating and funding loans for commercial real estate projects predominantly in the Southern United States.
- During fiscal year 2025, the company committed $247 million and funded $224 million in loans.
- As of February 27, 2026, SUNS had committed $62 million to new loans for 2026 and was evaluating a pipeline of approximately $0.7 billion in commercial real estate commitments.
Capital Expenditures
- The company's investment strategy focuses on senior mortgage loans, mezzanine loans, B-notes, commercial mortgage-backed securities, and debt-like preferred equity securities.
- As of December 31, 2025, the company's total assets, primarily consisting of its loan portfolio, amounted to $310.2 million.
- In 2025, Sunrise Realty Trust deployed $224 million by funding new loans.
Peer Outperformance in Mortgage REITs
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Investment Banking & Brokerage | 13 | 5.7% | 134.2% | 137.8% | IBKR 519% · SNEX 245% · GS 192% |
| Reinsurance | 6 | 19.3% | 84.4% | 118.1% | SPNT 140% · MTG 132% · RGA 130% |
| Diversified Banks | 12 | 37.4% | 130.6% | 105.4% | JPM 154% · CM 151% · RY 136% |
| Life & Health Insurance | 19 | 11.2% | 55.9% | 86.1% | UNM 294% · FG 197% · MFC 173% |
| Regional Banks | 263 | 25.9% | 86.3% | 65.8% | GCBC 400% · ESQ 363% · NBN 295% |
| Property & Casualty Insurance | 42 | 11.1% | 73.7% | 64.4% | ASIC 2583900% · HRTG 427% · UVE 275% |
| Multi-line Insurance | 9 | 13.5% | 78.8% | 57.5% | GNW 181% · L 101% · SLF 86% |
| Consumer Finance | 30 | 10.1% | 88.7% | 36.2% | ENVA 664% · EZPW 406% · FCFS 186% |
| Multi-Sector Holdings | 6 | 1.4% | 16.7% | 34.4% | JEF 80% · BRK-B 74% · VOYA 67% |
| Insurance Brokers | 15 | -9.5% | 11.8% | 33.2% | LIFE 596% · AJG 94% · ARX 87% |
| Asset Management & Custody Banks | 83 | -8.7% | 21.6% | 23.5% | SII 344% · WT 305% · VCTR 290% |
| Financial Exchanges & Data | 15 | -1.6% | 12.8% | 14.8% | VIRT 219% · CBOE 154% · CME 68% |
| Commercial & Residential Mortgage Finance | 12 | -31.1% | 23.0% | 5.8% | FNMA 542% · FMCC 517% · ESNT 61% |
| Specialized Finance | 3 | 18.7% | 53.0% | 5.2% | EFC 38% · CACC 5% · HASI -14% |
| Mortgage REITs ← | 34 | -7.2% | 15.3% | -10.9% | RITM 71% · NREF 55% · DX 42% |
| Transaction & Payment Processing Services | 15 | 1.4% | 7.2% | -40.8% | MA 66% · V 65% · CPAY 60% |
| Diversified Capital Markets | 21 | -29.3% | -4.2% | -44.5% | BTCS 584% · OPY 184% · LPLA 156% |
| Diversified Financial Services | 5 | -6.3% | 57.4% | -58.0% | FRHC 170% · EQH 85% · TMS -58% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| How Low Can Sunrise Realty Trust Stock Really Go? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 8.79 |
| Mkt Cap | 1.1 |
| Rev LTM | 343 |
| Op Inc LTM | 13 |
| FCF LTM | 207 |
| FCF 3Y Avg | 367 |
| CFO LTM | 207 |
| CFO 3Y Avg | 367 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -5.1% |
| Rev Chg 3Y Avg | -11.4% |
| Rev Chg Q | -2.8% |
| QoQ Delta Rev Chg LTM | -0.6% |
| Op Inc Chg LTM | 29.2% |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | 38.8% |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | -3.2% |
| CFO/Rev LTM | 57.9% |
| CFO/Rev 3Y Avg | 65.2% |
| FCF/Rev LTM | 57.9% |
| FCF/Rev 3Y Avg | 63.8% |
Price Behavior
| Market Price | $7.65 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 07/10/2024 | |
| Distance from 52W High | -25.4% | |
| 50 Days | 200 Days | |
| DMA Price | $7.99 | $8.21 |
| DMA Trend | down | indeterminate |
| Distance from DMA | -4.3% | -6.9% |
| 3M | 1YR | |
| Volatility | 29.6% | 30.5% |
| Downside Capture | 78.19 | 96.83 |
| Upside Capture | 47.37 | 48.99 |
| Correlation (SPY) | 29.9% | 34.7% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.22 | 0.72 | 0.96 | 0.91 | 0.86 | -0.10 |
| Up Beta | 0.21 | 0.32 | 0.42 | 0.64 | 1.01 | -0.11 |
| Down Beta | 2.19 | 1.14 | 1.06 | 0.79 | 1.04 | 0.30 |
| Up Capture | 116% | 38% | 120% | 80% | 47% | 18% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 11 | 22 | 33 | 60 | 117 | 245 |
| Down Capture | 127% | 94% | 98% | 120% | 93% | 85% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 10 | 20 | 28 | 62 | 130 | 262 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SUNS | |
|---|---|---|---|---|
| SUNS | -18.8% | 30.9% | -0.66 | - |
| Sector ETF (XLF) | 10.1% | 14.6% | 0.44 | 45.5% |
| Equity (SPY) | 21.1% | 12.9% | 1.22 | 35.1% |
| Gold (GLD) | 37.5% | 28.8% | 1.10 | 6.9% |
| Commodities (DBC) | 43.2% | 20.2% | 1.66 | -20.3% |
| Real Estate (VNQ) | 12.9% | 13.8% | 0.64 | 24.3% |
| Bitcoin (BTCUSD) | -31.6% | 44.1% | -0.73 | 15.1% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SUNS | |
|---|---|---|---|---|
| SUNS | -3.1% | 44.5% | -0.05 | - |
| Sector ETF (XLF) | 10.1% | 18.4% | 0.41 | 33.1% |
| Equity (SPY) | 12.9% | 17.2% | 0.57 | 30.2% |
| Gold (GLD) | 20.6% | 18.6% | 0.90 | 3.7% |
| Commodities (DBC) | 10.4% | 19.6% | 0.41 | 3.0% |
| Real Estate (VNQ) | 2.3% | 18.9% | 0.02 | 34.5% |
| Bitcoin (BTCUSD) | 10.4% | 52.8% | 0.38 | 12.3% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SUNS | |
|---|---|---|---|---|
| SUNS | -1.6% | 44.5% | -0.05 | - |
| Sector ETF (XLF) | 13.5% | 22.0% | 0.56 | 33.1% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | 30.2% |
| Gold (GLD) | 12.7% | 16.2% | 0.64 | 3.7% |
| Commodities (DBC) | 8.0% | 18.0% | 0.36 | 3.0% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.20 | 34.5% |
| Bitcoin (BTCUSD) | 63.1% | 66.1% | 1.03 | 12.3% |
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Returns Analyses
Earnings Returns History
Updated 8/17/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/6/2026 | 1.7% | -2.7% | |
| 5/14/2026 | 9.1% | 9.9% | 16.2% |
| 3/12/2026 | -2.1% | -8.8% | -11.2% |
| 11/13/2025 | 0.2% | 2.1% | 8.4% |
| 5/7/2025 | -0.7% | 4.4% | 3.1% |
| 3/6/2025 | -7.1% | -6.3% | -8.8% |
| 11/7/2024 | 0.1% | -2.4% | -7.7% |
| 8/14/2024 | 2.6% | 13.1% | 31.5% |
| SUMMARY STATS | |||
| # Positive | 5 | 4 | 4 |
| # Negative | 3 | 4 | 3 |
| Median Positive | 1.7% | 7.2% | 12.3% |
| Median Negative | -2.1% | -4.5% | -8.8% |
| Max Positive | 9.1% | 13.1% | 31.5% |
| Max Negative | -7.1% | -8.8% | -11.2% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/6/2026 | 1.7% | -2.7% | |
| 5/14/2026 | 9.1% | 9.9% | 16.2% |
| 3/12/2026 | -2.1% | -8.8% | -11.2% |
| 11/13/2025 | 0.2% | 2.1% | 8.4% |
| 5/7/2025 | -0.7% | 4.4% | 3.1% |
| 3/6/2025 | -7.1% | -6.3% | -8.8% |
| 11/7/2024 | 0.1% | -2.4% | -7.7% |
| 8/14/2024 | 2.6% | 13.1% | 31.5% |
| SUMMARY STATS | |||
| # Positive | 5 | 4 | 4 |
| # Negative | 3 | 4 | 3 |
| Median Positive | 1.7% | 7.2% | 12.3% |
| Median Negative | -2.1% | -4.5% | -8.8% |
| Max Positive | 9.1% | 13.1% | 31.5% |
| Max Negative | -7.1% | -8.8% | -11.2% |
Insider Activity
Updated 8/13/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Hetzel, Brandon | CFO and Treasurer | Direct | Buy | 8132026 | 7.58 | 713 | 5,405 | 197,080 | Form |
| 2 | Tannenbaum, Leonard M | Executive Chairman | Direct | Buy | 8132026 | 7.60 | 20,000 | 152,000 | 23,504,664 | Form |
| 3 | Tannenbaum, Leonard M | Executive Chairman | Direct | Buy | 8112026 | 7.79 | 25,000 | 194,750 | 23,936,481 | Form |
| 4 | Tannenbaum, Leonard M | Executive Chairman | Direct | Buy | 8112026 | 7.73 | 23,109 | 178,633 | 23,558,868 | Form |
| 5 | Tannenbaum, Leonard M | Executive Chairman | See footnote | Buy | 1022026 | 9.40 | 100,000 | 940,000 | 5,505,401 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Hetzel, Brandon | CFO and Treasurer | Direct | Buy | 8132026 | 7.58 | 713 | 5,405 | 197,080 | Form |
| 2 | Tannenbaum, Leonard M | Executive Chairman | Direct | Buy | 8132026 | 7.60 | 20,000 | 152,000 | 23,504,664 | Form |
| 3 | Tannenbaum, Leonard M | Executive Chairman | Direct | Buy | 8112026 | 7.79 | 25,000 | 194,750 | 23,936,481 | Form |
| 4 | Tannenbaum, Leonard M | Executive Chairman | Direct | Buy | 8112026 | 7.73 | 23,109 | 178,633 | 23,558,868 | Form |
| 5 | Tannenbaum, Leonard M | Executive Chairman | See footnote | Buy | 1022026 | 9.40 | 100,000 | 940,000 | 5,505,401 | Form |
| 6 | Tannenbaum, Leonard M | Executive Chairman | See footnote | Buy | 1022026 | 9.77 | 37,000 | 361,490 | 4,745,103 | Form |
| 7 | Tannenbaum, Leonard M | Executive Chairman | Direct | Buy | 11262025 | 9.72 | 13,000 | 126,360 | 29,269,117 | Form |
| 8 | Tannenbaum, Leonard M | Executive Chairman | Direct | Buy | 11202025 | 9.39 | 21,408 | 201,021 | 28,153,342 | Form |
| 9 | Tannenbaum, Leonard M | Executive Chairman | Direct | Buy | 11202025 | 9.48 | 3,592 | 34,052 | 28,220,235 | Form |
| 10 | Tannenbaum, Leonard M | Executive Chairman | Direct | Buy | 11202025 | 9.45 | 17,790 | 168,116 | 28,096,986 | Form |
| 11 | Tannenbaum, Leonard M | Executive Chairman | Direct | Buy | 11182025 | 9.61 | 17,500 | 168,175 | 28,401,740 | Form |
| 12 | Tannenbaum, Leonard M | Executive Chairman | Direct | Buy | 11182025 | 9.38 | 14,710 | 137,980 | 27,557,840 | Form |
| 13 | Tannenbaum, Leonard M | Executive Chairman | Direct | Buy | 8262025 | 10.79 | 10,000 | 107,900 | 31,541,609 | Form |
| 14 | Tannenbaum, Leonard M | Executive Chairman | Direct | Buy | 8262025 | 11.00 | 20,200 | 222,200 | 32,045,486 | Form |
| 15 | Tannenbaum, Leonard M | Executive Chairman | Direct | Buy | 8212025 | 10.42 | 10,411 | 108,483 | 30,145,331 | Form |
| 16 | Tannenbaum, Leonard M | Executive Chairman | Direct | Buy | 8192025 | 10.50 | 4,406 | 46,263 | 30,267,458 | Form |
| 17 | Tannenbaum, Leonard M | Executive Chairman | Direct | Buy | 8132025 | 10.48 | 32,275 | 338,242 | 30,163,630 | Form |
| 18 | Tannenbaum, Leonard M | Executive Chairman | Direct | Buy | 8132025 | 10.17 | 20,900 | 212,553 | 28,943,149 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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