Tearsheet

Sunrise Realty Trust (SUNS)


Market Price (5/24/2026): $8.28 | Market Cap: $110.3 Mil
Sector: Financials | Industry: Mortgage REITs

Sunrise Realty Trust (SUNS)


Market Price (5/24/2026): $8.28
Market Cap: $110.3 Mil
Sector: Financials
Industry: Mortgage REITs

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 27%, Dividend Yield is 15%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 22%

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 130%

Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 42%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -26%

Low stock price volatility
Vol 12M is 31%

Megatrend and thematic drivers
Megatrends include Sustainable & Green Buildings, and Smart Buildings & Proptech. Themes include ESG REITs, and IoT for Buildings.

Weak multi-year price returns
2Y Excs Rtn is -52%, 3Y Excs Rtn is -90%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 121%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -4.3%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -4.3%

Key risks
SUNS key risks include [1] its significant loan concentration in Sun Belt residential properties and [2] potential shareholder dilution from future capital issuance.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 27%, Dividend Yield is 15%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 22%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 130%
2 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 42%
3 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -26%
4 Low stock price volatility
Vol 12M is 31%
5 Megatrend and thematic drivers
Megatrends include Sustainable & Green Buildings, and Smart Buildings & Proptech. Themes include ESG REITs, and IoT for Buildings.
6 Weak multi-year price returns
2Y Excs Rtn is -52%, 3Y Excs Rtn is -90%
7 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 121%
8 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -4.3%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -4.3%
9 Key risks
SUNS key risks include [1] its significant loan concentration in Sun Belt residential properties and [2] potential shareholder dilution from future capital issuance.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Sunrise Realty Trust (SUNS) stock has lost about 10% since 1/31/2026 because of the following key factors:

1. Macroeconomic headwinds and geopolitical uncertainty impacted the broader real estate investment trust (REIT) market. The FTSE Nareit All Equity REITs Index experienced a 6.1% decline from February 28 to March 31, 2026, attributed to "significant uncertainty affecting all asset classes" due to geopolitical events. This broader market downturn likely contributed to negative sentiment for Sunrise Realty Trust.

2. Persistent challenges in specific commercial real estate sectors, particularly in the Sun Belt region and hospitality. Sunrise Realty Trust focuses its loan portfolio on commercial real estate in the Southern U.S.. A supply surplus in the Sun Belt for apartment REITs acted as a headwind for the sector, despite some sequential improvement in Q1 2026. Additionally, the company completed the foreclosure of a loan secured by the Thompson San Antonio hotel, indicating distress within its hospitality sector exposure.

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Stock Movement Drivers

Fundamental Drivers

The -8.2% change in SUNS stock from 1/31/2026 to 5/23/2026 was primarily driven by a -22.6% change in the company's Net Income Margin (%).
(LTM values as of)13120265232026Change
Stock Price ($)9.058.30-8.2%
Change Contribution By: 
Total Revenues ($ Mil)233238.8%
Net Income Margin (%)54.2%42.0%-22.6%
P/E Multiple9.78.3-14.2%
Shares Outstanding (Mil)1313-0.5%
Cumulative Contribution-8.2%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/23/2026
ReturnCorrelation
SUNS-8.2% 
Market (SPY)8.1%35.4%
Sector (XLF)-2.3%37.1%

Fundamental Drivers

The -9.9% change in SUNS stock from 10/31/2025 to 5/23/2026 was primarily driven by a -31.5% change in the company's P/E Multiple.
(LTM values as of)103120255232026Change
Stock Price ($)9.228.30-9.9%
Change Contribution By: 
Total Revenues ($ Mil)193270.8%
Net Income Margin (%)54.2%42.0%-22.6%
P/E Multiple12.18.3-31.5%
Shares Outstanding (Mil)1313-0.6%
Cumulative Contribution-9.9%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/23/2026
ReturnCorrelation
SUNS-9.9% 
Market (SPY)9.9%34.0%
Sector (XLF)0.0%39.3%

Fundamental Drivers

The -12.7% change in SUNS stock from 4/30/2025 to 5/23/2026 was primarily driven by a -48.9% change in the company's Shares Outstanding (Mil).
(LTM values as of)43020255232026Change
Stock Price ($)9.508.30-12.7%
Change Contribution By: 
Total Revenues ($ Mil)1132192.2%
Net Income Margin (%)63.3%42.0%-33.7%
P/E Multiple9.48.3-11.7%
Shares Outstanding (Mil)713-48.9%
Cumulative Contribution-12.7%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/23/2026
ReturnCorrelation
SUNS-12.7% 
Market (SPY)36.0%34.8%
Sector (XLF)8.2%42.9%

Fundamental Drivers

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Market Drivers

4/30/2023 to 5/23/2026
ReturnCorrelation
SUNS  
Market (SPY)86.3%29.4%
Sector (XLF)64.4%31.9%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SUNS Return---30%-25%-10%-12%
Peers Return31%-16%25%-3%4%-3%34%
S&P 500 Return27%-19%24%23%16%9%98%

Monthly Win Rates [3]
SUNS Win Rate---67%33%20% 
Peers Win Rate62%48%53%55%53%44% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
SUNS Max Drawdown-----42%-21% 
Peers Max Drawdown-16%-30%-27%-17%-21%-15% 
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 5/22/2026 (YTD)

How Low Can It Go

EventSUNSS&P 500
2025 US Tariff Shock
  % Loss-29.1%-18.8%
  % Gain to Breakeven41.1%23.1%
  Time to Breakeven84 days79 days

Compare to STWD, BXMT, ARI, ABR, LADR

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.

EventSUNSS&P 500
2025 US Tariff Shock
  % Loss-29.1%-18.8%
  % Gain to Breakeven41.1%23.1%
  Time to Breakeven84 days79 days

Compare to STWD, BXMT, ARI, ABR, LADR

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 (NASDAQ: SUNS) is an institutional lender that originates and funds loans to commercial real estate projects in the Southern United States. The firm seeks to target loans with investment rates in the mid-teens.

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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.

AI Analysis | Feedback

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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AI Analysis | Feedback

The key risks to Sunrise Realty Trust (SUNS) are primarily concentrated in the cyclical and often volatile commercial real estate market.

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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AI Analysis | Feedback

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.

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1How Low Can Sunrise Realty Trust Stock Really Go?10/17/2025
Title
0ARTICLES

Trade Ideas

Select ideas related to SUNS.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
EEFT_4302026_Dip_Buyer_ValueBuy04302026EEFTEuronet WorldwideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
0.0%0.0%0.0%
HOMB_4242026_Insider_Buying_GTE_1Mil_EBITp+DE_V204242026HOMBHome BancSharesInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
1.5%1.5%0.0%
HBAN_3312026_Insider_Buying_45D_2Buy_200K03312026HBANHuntington BancsharesInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
7.1%7.1%0.0%
NP_3312026_Insider_Buying_45D_2Buy_200K03312026NPNeptune InsuranceInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
3.9%3.9%0.0%
JKHY_3272026_Monopoly_xInd_xCD_Getting_Cheaper03272026JKHYJack Henry & AssociatesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.3%0.3%-4.0%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

SUNSSTWDBXMTARIABRLADRMedian
NameSunrise .Starwood.Blacksto.Apollo C.Arbor Re.Ladder C. 
Mkt Price8.3017.2917.9510.945.5710.1310.54
Mkt Cap0.16.33.01.51.11.31.4
Rev LTM32822585263485213374
Op Inc LTM13-----13
FCF LTM-142034528214108161
FCF 3Y Avg-6033875937394373
CFO LTM-1833345116214108165
CFO 3Y Avg-75838717337394373

Growth & Margins

SUNSSTWDBXMTARIABRLADRMedian
NameSunrise .Starwood.Blacksto.Apollo C.Arbor Re.Ladder C. 
Rev Chg LTM130.0%-2.7%22.5%45.6%-18.7%-18.3%9.9%
Rev Chg 3Y Avg--9.3%-2.4%-6.4%-9.0%-13.4%-9.0%
Rev Chg Q107.2%-4.2%25.5%-13.8%-12.3%1.0%-1.6%
QoQ Delta Rev Chg LTM20.1%-0.9%5.8%-3.5%-3.2%0.2%-0.3%
Op Inc Chg LTM62.0%-----62.0%
Op Inc Chg 3Y Avg-------
Op Mgn LTM42.0%-----42.0%
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-4.1%------4.1%
CFO/Rev LTM-4.3%101.3%59.0%44.1%44.0%50.5%47.3%
CFO/Rev 3Y Avg-84.2%68.8%76.7%60.7%38.8%68.8%
FCF/Rev LTM-4.3%51.1%59.0%10.5%44.0%50.5%47.3%
FCF/Rev 3Y Avg-65.6%68.8%24.3%60.7%38.8%60.7%

Valuation

SUNSSTWDBXMTARIABRLADRMedian
NameSunrise .Starwood.Blacksto.Apollo C.Arbor Re.Ladder C. 
Mkt Cap0.16.33.01.51.11.31.4
P/S3.57.75.25.82.26.05.5
P/Op Inc8.3-----8.3
P/EBIT8.3-----8.3
P/E8.318.029.312.09.123.115.0
P/CFO-81.87.68.813.15.111.88.2
Total Yield26.6%16.3%14.0%17.6%38.2%13.6%17.0%
Dividend Yield14.6%10.8%10.6%9.3%27.2%9.2%10.7%
FCF Yield 3Y Avg-9.3%11.4%3.9%17.4%7.0%9.3%
D/E1.32.15.25.46.42.43.8
Net D/E1.22.05.15.36.02.33.7

Returns

SUNSSTWDBXMTARIABRLADRMedian
NameSunrise .Starwood.Blacksto.Apollo C.Arbor Re.Ladder C. 
1M Rtn11.1%-4.7%-10.0%-0.9%-26.4%-3.1%-3.9%
3M Rtn-7.9%-1.5%-5.7%5.4%-20.2%-1.0%-3.6%
6M Rtn-8.3%2.2%-0.0%15.6%-30.2%-0.9%-0.4%
12M Rtn-11.0%-1.9%5.7%25.6%-33.5%7.2%1.9%
3Y Rtn-10.7%34.8%37.8%53.6%-34.1%36.6%35.7%
1M Excs Rtn6.0%-9.8%-15.1%-6.0%-31.5%-8.2%-9.0%
3M Excs Rtn-15.7%-9.4%-13.3%-2.1%-29.2%-9.2%-11.3%
6M Excs Rtn-19.7%-8.7%-9.8%6.4%-44.5%-11.3%-10.6%
12M Excs Rtn-36.5%-28.6%-21.1%-1.1%-58.4%-19.4%-24.8%
3Y Excs Rtn-90.4%-41.6%-39.2%-25.2%-115.0%-42.5%-42.1%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil2025
Institutional lending11
Total11


Price Behavior

Price Behavior
Market Price$8.30 
Market Cap ($ Bil)0.1 
First Trading Date07/10/2024 
Distance from 52W High-21.9% 
   50 Days200 Days
DMA Price$7.82$8.91
DMA Trenddowndown
Distance from DMA6.2%-6.8%
 3M1YR
Volatility32.5%31.0%
Downside Capture123.3696.60
Upside Capture56.1253.03
Correlation (SPY)33.1%32.0%
SUNS Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta0.430.550.640.750.860.02
Up Beta0.370.410.230.580.75-0.14
Down Beta0.160.790.940.891.230.37
Up Capture-11%-5%33%44%38%12%
Bmk +ve Days15223166141428
Stock +ve Days10172855116212
Down Capture275%121%111%102%105%79%
Bmk -ve Days4183056108321
Stock -ve Days11243468133234

[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-8.6%31.0%-0.27-
Sector ETF (XLF)4.9%14.5%0.1141.2%
Equity (SPY)29.5%12.0%1.8632.1%
Gold (GLD)35.5%26.8%1.11-0.3%
Commodities (DBC)42.9%18.7%1.77-14.8%
Real Estate (VNQ)15.2%13.1%0.8224.4%
Bitcoin (BTCUSD)-31.3%41.8%-0.7819.3%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SUNS
SUNS-2.2%46.3%0.00-
Sector ETF (XLF)8.4%18.6%0.3331.9%
Equity (SPY)14.0%17.0%0.6429.4%
Gold (GLD)18.8%18.0%0.852.6%
Commodities (DBC)10.4%19.4%0.426.8%
Real Estate (VNQ)3.8%18.8%0.1035.3%
Bitcoin (BTCUSD)11.6%55.3%0.4112.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SUNS
SUNS-1.1%46.3%0.00-
Sector ETF (XLF)12.9%22.1%0.5331.9%
Equity (SPY)15.7%17.9%0.7529.4%
Gold (GLD)13.0%16.0%0.672.6%
Commodities (DBC)7.8%17.9%0.356.8%
Real Estate (VNQ)5.5%20.7%0.2335.3%
Bitcoin (BTCUSD)66.7%66.9%1.0612.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4302026
Short Interest: Shares Quantity0.6 Mil
Short Interest: % Change Since 4152026-4.9%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest6.5 days
Basic Shares Quantity13.3 Mil
Short % of Basic Shares4.4%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/12/2026-2.1%-8.8%-11.3%
11/13/20250.2%2.1%8.4%
3/6/2025-7.1%-6.3%-8.8%
11/7/20240.1%-2.4%-7.7%
8/14/20242.6%13.1%31.5%
SUMMARY STATS   
# Positive322
# Negative233
Median Positive0.2%7.6%19.9%
Median Negative-4.6%-6.3%-8.8%
Max Positive2.6%13.1%31.5%
Max Negative-7.1%-8.8%-11.3%

SEC Filings

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Report DateFiling DateFiling
03/31/202605/14/202610-Q
12/31/202503/12/202610-K
09/30/202511/13/202510-Q
06/30/202508/07/202510-Q
03/31/202505/07/202510-Q
12/31/202403/06/202510-K
09/30/202411/07/202410-Q
06/30/202408/14/202410-Q
03/31/202406/24/202410-12B/A

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Tannenbaum, Leonard MExecutive ChairmanSee footnoteBuy10220269.40100,000940,0005,505,401Form
2Tannenbaum, Leonard MExecutive ChairmanSee footnoteBuy10220269.7737,000361,4904,745,103Form
3Tannenbaum, Leonard MExecutive ChairmanDirectBuy112620259.7213,000126,36029,269,117Form
4Tannenbaum, Leonard MExecutive ChairmanDirectBuy112020259.3921,408201,02128,153,342Form
5Tannenbaum, Leonard MExecutive ChairmanDirectBuy112020259.483,59234,05228,220,235Form