Welcome to our dedicated page for Sunrise Realty Trust news (Ticker: SUNS), a resource for investors and traders seeking the latest updates and insights on Sunrise Realty Trust stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sunrise Realty Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sunrise Realty Trust's position in the market.
Solar Senior Capital Ltd. (Nasdaq: SUNS) is changing its name to SLR Senior Investment Corp, effective February 25, 2021. This name change coincides with the rebranding of its investment advisor to SLR Capital Partners. The company will continue to provide financing solutions to U.S. middle market borrowers, focusing on cash flow and asset-based loans. The rebranding aims to unify its brand across the platform, reflecting its diversified commercial finance strategies. The company's co-CEOs emphasize the strength of their resilient portfolio developed over nearly a decade.
Solar Senior Capital Ltd. (SUNS) reported net investment income of $4.8 million ($0.30 per share) for Q4 2020, totaling $20.4 million ($1.27 per share) for the fiscal year. Net asset value (NAV) rose to $15.91 per share, a $0.12 increase since September 2020. The portfolio remained 100% performing, with comprehensive investment activity showing $35.4 million in originations and $98.6 million in repayments for Q4 2020. The company declared a monthly distribution of $0.10 per share for March 2021, payable April 2, 2021.
Solar Senior Capital Ltd. (NASDAQ: SUNS) has declared a distribution of $0.10 per share for February 2021, payable on March 2, 2021. This distribution will benefit stockholders of record as of February 18, 2021. As a closed-end investment company, Solar Senior Capital specializes in providing cash flow senior secured loans to U.S. middle market companies. The company notes that future performance might be affected by risks, including those related to COVID-19 and market volatility.
Solar Senior Capital Ltd. (NASDAQ: SUNS) will release its financial results for Q4 and fiscal year 2020 on February 24, 2021, following market closure. An earnings conference call is scheduled for February 25, 2021, at 11:00 a.m. ET, accessible via phone and live webcast. The Company specializes in investing in U.S. middle-market companies, focusing on senior secured debt instruments and asset-based loans.
Solar Senior Capital Ltd. (NASDAQ: SUNS) announced a distribution of $0.10 per share for January 2021, payable on February 2, 2021, to stockholders on record as of January 25, 2021. The tax characteristics of this distribution will be noted on Form 1099 after the calendar year concludes. The company operates as a closed-end investment entity, focusing on invested cash flow in U.S. middle market companies through senior secured loans. However, investors should be aware of potential future risks due to market volatility and economic conditions, including those influenced by COVID-19.
Solar Senior Capital Ltd. (NASDAQ: SUNS) announced a monthly distribution of $0.10 per share for December 2020, payable on January 5, 2021, to stockholders of record by December 22, 2020. This distribution continues the company's commitment to providing returns to its investors. Solar Senior Capital operates as a closed-end investment company, primarily investing in leveraged middle-market companies through senior secured loans. Forward-looking statements highlight potential risks, including the impact of COVID-19 and market volatility.
Solar Senior Capital Ltd. (NASDAQ: SUNS) reported Q3 2020 net investment income of $4.8 million ($0.30/share), with net asset value (NAV) increasing 2% quarter-over-quarter to $15.79/share. The portfolio remains robust, with 100% performing assets. The Board declared a monthly distribution of $0.10/share for November, payable on December 2, 2020. For the quarter, comprehensive investment portfolio totaled $521.6 million, with originations of $40.3 million and repayments of $55.8 million, marking a net portfolio reduction of $15.5 million.
Solar Senior Capital Ltd. (NASDAQ: SUNS) announced a monthly distribution of $0.10 per share for October 2020, payable on October 30, 2020, to stockholders of record by October 22, 2020. The company, categorized as a closed-end investment company and a business development company, focuses on investing in U.S. middle-market companies through cash flow senior secured loans. Investors will receive tax characteristics details on Form 1099 at year-end. Risks such as COVID-19, interest rate changes, and market volatility could affect future performance.
Solar Senior Capital Ltd. (NASDAQ: SUNS) will release its financial results for Q3 2020 on November 5, 2020, post-market. An earnings call is scheduled for November 6, 2020, at 11:30 a.m. ET, available via phone and online. Participants can dial (844) 889-7785, or (661) 378-9929 for international calls, using passcode 6735445. A replay will be available until November 20, 2020. The company specializes in investing in leveraged U.S. middle-market firms through senior secured loans.
Solar Senior Capital Ltd. (NASDAQ: SUNS) has declared a distribution of $0.10 per share for September 2020, payable on October 2, 2020, to stockholders on record as of September 24, 2020. This closed-end investment company focuses on leveraged U.S. middle market companies through cash flow senior secured loans. The specific tax characteristics of the distribution will be reported on Form 1099 after the calendar year. Solar Senior Capital reminds investors of uncertainties related to future performance due to factors like COVID-19 and market volatility.
FAQ
What is the current stock price of Sunrise Realty Trust (SUNS)?
What is the market cap of Sunrise Realty Trust (SUNS)?
