Sunlight Financial Holdings Inc. operates a business-to-business-to-consumer, technology-enabled point-of-sale financing platform that serves residential solar and home improvement contractors in the United States. Its platform is used to provide homeowners secured and unsecured loans, originated by third-party lenders, for the purchase and installation of residential solar energy systems and other home improvements. The company was incorporated in 2014 and is based in New York, New York.
IPO Year: 2021
Exchange: NYSE
Website: sunlightfinancial.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/13/2023 | $4.00 → $1.60 | Outperform → Neutral | Credit Suisse |
| 9/29/2022 | $10.00 → $2.50 | Buy → Neutral | ROTH Capital |
| 9/29/2022 | $4.00 → $2.00 | Buy → Sell | Citigroup |
| 11/16/2021 | $8.00 → $9.00 | Overweight | Barclays |
| 10/20/2021 | $8.00 | Overweight | Barclays |
| 10/4/2021 | $9.00 | Outperform | Credit Suisse |
| 10/4/2021 | $6.00 | Overweight | Piper Sandler |
Under leadership of new CEO Barrett Boston, funding will help expand Plate IQ's VendorPay network and footprint across new industries with holistic and vertically purpose-built solutions Plate IQ, the leading restaurant and hospitality accounts payable (AP) automation and payments platform, announced today that it has raised $160 million in Series B funding from FTV Capital, a sector-focused growth equity investment firm. With this new funding Plate IQ will accelerate efforts to close the supply chain gap between operators and vendors with its AP automation and payments network. Plate IQ also announced the appointment of Barrett Boston, former chief revenue officer of Trinet (NYSE:TNET), t
8-K - Sunlight Financial Holdings Inc. (0001821850) (Filer)
8-K - Sunlight Financial Holdings Inc. (0001821850) (Filer)
8-K - Sunlight Financial Holdings Inc. (0001821850) (Filer)
8-K - Sunlight Financial Holdings Inc. (0001821850) (Filer)
25-NSE - Sunlight Financial Holdings Inc. (0001821850) (Subject)
8-K - Sunlight Financial Holdings Inc. (0001821850) (Filer)
8-K - Sunlight Financial Holdings Inc. (0001821850) (Filer)
8-K - Sunlight Financial Holdings Inc. (0001821850) (Filer)
8-K - Sunlight Financial Holdings Inc. (0001821850) (Filer)
10-Q - Sunlight Financial Holdings Inc. (0001821850) (Filer)
Credit Suisse downgraded Sunlight Financial from Outperform to Neutral and set a new price target of $1.60 from $4.00 previously
ROTH Capital downgraded Sunlight Financial from Buy to Neutral and set a new price target of $2.50 from $10.00 previously
Citigroup downgraded Sunlight Financial from Buy to Sell and set a new price target of $2.00 from $4.00 previously
Barclays reiterated coverage of Sunlight Financial with a rating of Overweight and set a new price target of $9.00 from $8.00 previously
Barclays initiated coverage of Sunlight Financial with a rating of Overweight and set a new price target of $8.00
Credit Suisse initiated coverage of Sunlight Financial with a rating of Outperform and set a new price target of $9.00
Piper Sandler initiated coverage of Sunlight Financial with a rating of Overweight and set a new price target of $6.00
4 - Sunlight Financial Holdings Inc. (0001821850) (Issuer)
4 - Sunlight Financial Holdings Inc. (0001821850) (Issuer)
4 - Sunlight Financial Holdings Inc. (0001821850) (Issuer)
4 - Sunlight Financial Holdings Inc. (0001821850) (Issuer)
4 - Sunlight Financial Holdings Inc. (0001821850) (Issuer)
4 - Sunlight Financial Holdings Inc. (0001821850) (Issuer)
4 - Sunlight Financial Holdings Inc. (0001821850) (Issuer)
4 - Sunlight Financial Holdings Inc. (0001821850) (Issuer)
4 - Sunlight Financial Holdings Inc. (0001821850) (Issuer)
4 - Sunlight Financial Holdings Inc. (0001821850) (Issuer)
SC 13G/A - Sunlight Financial Holdings Inc. (0001821850) (Subject)
SC 13G - Sunlight Financial Holdings Inc. (0001821850) (Subject)
SC 13G/A - Sunlight Financial Holdings Inc. (0001821850) (Subject)
SC 13G/A - Sunlight Financial Holdings Inc. (0001821850) (Subject)
SC 13G - Sunlight Financial Holdings Inc. (0001821850) (Subject)
SC 13G/A - Sunlight Financial Holdings Inc. (0001821850) (Subject)
SC 13G/A - Sunlight Financial Holdings Inc. (0001821850) (Subject)
SC 13G - Sunlight Financial Holdings Inc. (0001821850) (Subject)
SC 13G/A - Sunlight Financial Holdings Inc. (0001821850) (Subject)
SC 13G/A - Sunlight Financial Holdings Inc. (0001821850) (Subject)
First-of-its-kind integration streamlines back-end operations by enabling automated submission of post-sale documents from installers' CRMs to Sunlight's portal, Orange® Sunlight Financial Holdings Inc. ("Sunlight Financial", "Sunlight" or the "Company") (NYSE:SUNL), a premier, technology-enabled point-of-sale finance company and Bodhi®, a leading solar customer experience platform, today announced a new partnership through which solar installers are empowered to automatically submit the post-sale documents Sunlight requires via an integration between Sunlight's technology portal, Orange®, and Bodhi's digital customer experience platform, Bodhi® Pro. "Sunlight Financial's new partnershi
Sunlight Financial Holdings Inc. ("Sunlight Financial", "Sunlight" or the "Company") (NYSE:SUNL), a premier, technology-enabled point-of-sale finance company, today announced that its Board of Directors approved a 1-for-20 reverse stock split of the Company's common stock that will become effective at 11:59 p.m. Eastern Time on August 22, 2023. The Company's common stock will begin trading on a split-adjusted basis on the New York Stock Exchange (NYSE) when the market opens on August 23, 2023. The reverse stock split was approved by the Company's stockholders on August 11, 2023 at the Company's annual meeting of stockholders, with authorization to determine the final ratio having been grant
Sunlight Financial Holdings Inc. ("Sunlight Financial," "Sunlight" or the "Company") (NYSE:SUNL), a premier, technology-enabled point-of-sale finance company, and Solar Insure, a leading solar monitoring and warranty company for consumers and installers, today announced a strategic partnership. The collaboration will enable Sunlight's installer partners to seamlessly offer homeowners Solar Insure's 30-year monitoring and solar warranty service for residential solar installations. "Thoughtfully assessing risk has always been a strategic focus for Sunlight, as we have maintained the industry's best credit performance through over $8 billion of funded solar loans," said Matt Potere, CEO of S
Sunlight Financial ("Sunlight") (NYSE:SUNL), a premier, technology-enabled point-of-sale financing company, today announced it will release its first quarter 2023 financial results after the market closes on May 15, 2023. Sunlight will hold a conference call to discuss the financial results at 5:30 pm Eastern Time on that day. A live webcast of the conference call will be available on Sunlight's investor relations website at ir.sunlightfinancial.com. The dial-in number for the conference call is (877) 407-9035 (toll-free) or (215) 268-9889 (international). Please dial the number 10 minutes prior to the scheduled start time. A webcast replay of the call will be available at ir.sunlight
- 2022 Funded Loan Volume of $2.9 Billion - - 2022 Total Revenue of $101.1 Million - - 2022 GAAP Net Loss of $(511.9) Million - - 2022 Adjusted EBITDA of $(35.7) Million - - 2022 Adjusted Net Loss of $(22.2) Million - Sunlight Financial Holdings Inc. ("Sunlight Financial", "Sunlight" or the "Company") (NYSE:SUNL), a premier, technology-enabled point-of-sale finance company, today announced its results for the fourth quarter and full-year 2022. "While 2022 was a challenging year for the Company and the residential solar industry overall, Sunlight continued to execute on its operational metrics, funding 15% more loans than in 2021, increasing the average solar loan balance to $46
Sunlight Financial ("Sunlight") (NYSE:SUNL), a premier, technology-enabled point-of-sale financing company, today announced it will release its fourth quarter and full year 2022 financial results after the market closes on May 4, 2023. Sunlight will hold a conference call to discuss the financial results at 5:30 pm Eastern Time on that day. A live webcast of the conference call will be available on Sunlight's investor relations website at ir.sunlightfinancial.com. The dial-in number for the conference call is (877) 407-9035 (toll-free) or (215) 268-9889 (international). Please dial the number 10 minutes prior to the scheduled start time. A webcast replay of the call will be available
Sunlight Financial Holdings Inc. ("Sunlight Financial", "Sunlight" or the "Company") (NYSE:SUNL), a premier, technology-enabled point-of-sale finance company, and Demand IQ, a leading provider of solar sales and marketing enablement software, today announced a strategic partnership that will enable homeowners to pre-qualify for financing while shopping for solar online. The integration of Sunlight's technology platform, Orange®, with Demand IQ's interactive lead funnel, Stella™, will facilitate the purchase of residential solar and storage systems. "We're thrilled to pair Sunlight Financial's pre-qualification technology with Demand IQ's lead funnel enablement software to improve the expe
Refinances SVB Credit Facility with New Term Loan that Matures in September 2025 Increases Capacity and Lowers Cost of Existing Warehouse Facility to Support New Loan Originations Extends Maturity of Warehouse Facility from December 2023 to September 2025 Completed Headcount Reduction that Will Result in ~$5 Million of Annualized Savings Announcing Fourth Quarter and Full Year 2022 Results and Filing 10-K in First Half of April Sunlight Financial Holdings Inc. ("Sunlight Financial", "Sunlight" or the "Company") (NYSE:SUNL), a premier, technology-enabled point-of-sale finance company, today announced the signing of a commitment and transaction support agreement ("CTSA") with
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Feb. 14, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Sunlight Financial Holdings Inc. f/k/a Spartan Acquisition Corp. II ("Sunlight" or "the Company") (NYSE:SUNL) investors that a lawsuit filed on behalf of investors that purchased Singularity securities (NYSE:SUNL) between January 25, 2021 to September 28, 2022, both dates inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Feb. 09, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Sunlight Financial Holdings Inc. f/k/a Spartan Acquisition Corp. II ("Sunlight" or "the Company") (NYSE:SUNL) investors that a lawsuit filed on behalf of investors that purchased Singularity securities (NYSE:SUNL) between January 25, 2021 to September 28, 2022, both dates inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm
Sunlight Financial Holdings Inc. ("Sunlight Financial", "Sunlight" or the "Company") (NYSE:SUNL), a premier, technology-enabled point-of-sale finance company, today announced that its Board of Directors approved a 1-for-20 reverse stock split of the Company's common stock that will become effective at 11:59 p.m. Eastern Time on August 22, 2023. The Company's common stock will begin trading on a split-adjusted basis on the New York Stock Exchange (NYSE) when the market opens on August 23, 2023. The reverse stock split was approved by the Company's stockholders on August 11, 2023 at the Company's annual meeting of stockholders, with authorization to determine the final ratio having been grant
Sunlight Financial ("Sunlight") (NYSE:SUNL), a premier, technology-enabled point-of-sale financing company, today announced it will release its first quarter 2023 financial results after the market closes on May 15, 2023. Sunlight will hold a conference call to discuss the financial results at 5:30 pm Eastern Time on that day. A live webcast of the conference call will be available on Sunlight's investor relations website at ir.sunlightfinancial.com. The dial-in number for the conference call is (877) 407-9035 (toll-free) or (215) 268-9889 (international). Please dial the number 10 minutes prior to the scheduled start time. A webcast replay of the call will be available at ir.sunlight
- 2022 Funded Loan Volume of $2.9 Billion - - 2022 Total Revenue of $101.1 Million - - 2022 GAAP Net Loss of $(511.9) Million - - 2022 Adjusted EBITDA of $(35.7) Million - - 2022 Adjusted Net Loss of $(22.2) Million - Sunlight Financial Holdings Inc. ("Sunlight Financial", "Sunlight" or the "Company") (NYSE:SUNL), a premier, technology-enabled point-of-sale finance company, today announced its results for the fourth quarter and full-year 2022. "While 2022 was a challenging year for the Company and the residential solar industry overall, Sunlight continued to execute on its operational metrics, funding 15% more loans than in 2021, increasing the average solar loan balance to $46
Sunlight Financial ("Sunlight") (NYSE:SUNL), a premier, technology-enabled point-of-sale financing company, today announced it will release its fourth quarter and full year 2022 financial results after the market closes on May 4, 2023. Sunlight will hold a conference call to discuss the financial results at 5:30 pm Eastern Time on that day. A live webcast of the conference call will be available on Sunlight's investor relations website at ir.sunlightfinancial.com. The dial-in number for the conference call is (877) 407-9035 (toll-free) or (215) 268-9889 (international). Please dial the number 10 minutes prior to the scheduled start time. A webcast replay of the call will be available
- 3Q22 Record-High Funded Loan Volume of $835 Million - - 3Q22 Total Revenue up 10% to $33 Million - - 3Q22 GAAP Net Income of $(415) Million - - 3Q22 Adjusted EBITDA of $(27) Million - - 3Q22 Adjusted Net Income of $(26) Million - - Assessing Strategic Alternatives - Sunlight Financial Holdings Inc. ("Sunlight Financial", "Sunlight" or the "Company") (NYSE:SUNL), a premier, technology-enabled point-of-sale finance company, today announced its results for the third quarter 2022. "Despite a challenging macro-economic backdrop, Sunlight continued to deliver growth in the third quarter, with funded loan volume of $835 million and 22,470 borrowers served, a significant year-over-year increase
Sunlight Financial ("Sunlight") (NYSE:SUNL), a premier, technology-enabled point-of-sale financing company, today announced it will release its third quarter 2022 financial results after the market closes on November 14, 2022. Sunlight will hold a conference call to discuss the financial results at 5:30 pm Eastern Time on that day. A live webcast of the conference call will be available on Sunlight's investor relations website at ir.sunlightfinancial.com. The dial-in number for the conference call is (877) 407-9035 (toll-free) or (215) 268-9889 (international). Please dial the number 10 minutes prior to the scheduled start time. A webcast replay of the call will be available at ir.sunlig
- 2Q22 Record-High Funded Loan Volume of $716 Million - - 2Q22 Total Revenue up 18% to $31.6 Million - - 2Q22 GAAP Net Income up 8% to $5.7 Million - - 2Q22 Adjusted EBITDA of $6.8 Million - - 2Q22 Adjusted Net Income of $2.3 Million - - 1,472,068 Class A Shares Repurchased as of August 11, 2022 - Sunlight Financial Holdings Inc. ("Sunlight Financial", "Sunlight" or the "Company") (NYSE:SUNL), a premier, technology-enabled point-of-sale financing company, today provided financial results for the second quarter 2022. "I'm proud of Sunlight's strong performance in the second quarter. Despite continued industry challenges with supply chain and labor constraints, we exceeded quarterly records
Sunlight Financial ("Sunlight") (NYSE:SUNL), a premier, technology-enabled point-of-sale financing company, today announced it will release its second quarter 2022 financial results after the market closes on August 15, 2022. Sunlight will hold a conference call to discuss the financial results at 5:30 pm Eastern Time on that day. A live webcast of the conference call will be available on Sunlight's investor relations website at ir.sunlightfinancial.com. The dial-in number for the conference call is (877) 407-9035 (toll-free) or (215) 268-9889 (international). Please dial the number 10 minutes prior to the scheduled start time. A webcast replay of the call will be available at ir.sunligh
Initiates $50 Million Share Repurchase Program - 1Q22 Funded Loan Volume of $593 Million - - 1Q22 Total Revenue up 11% to $30.1 Million - - 1Q22 Net Loss of $(22.6) Million - - 1Q22 Adjusted EBITDA of $7.8 Million - - 1Q22 Adjusted Net Income of $4.9 Million - Sunlight Financial Holdings Inc. ("Sunlight Financial", "Sunlight" or the "Company") (NYSE:SUNL), a premier, technology-enabled point-of-sale financing company, today provided financial results for the first quarter 2022. "We started the year with solid double-digit Total Revenue growth relative to the first quarter of 2021, funded loans exceeding the top end of our guidance range and significant improvements in our total platf
Sunlight Financial ("Sunlight") (NYSE:SUNL), a premier, technology-enabled point-of-sale financing company, today announced it will release its first quarter 2022 financial results after the market closes on Monday, May 16, 2022. Sunlight will hold a conference call to discuss the financial results at 5:30 pm Eastern Time on that day. A live webcast of the conference call will be available on Sunlight's investor relations website at ir.sunlightfinancial.com. The dial-in number for the conference call is (877) 407-9035 (toll-free) or (215) 268-9889 (international). Please dial the number 10 minutes prior to the scheduled start time. A webcast replay of the call will be available at ir.sun
Friday's session saw 225 companies set new 52-week lows. Significant Points From Today's 52-Week Lows: Norfolk Southern (NYSE:NSC) was the largest, in terms of market cap, to set a new 52-week low. Grom Social Enterprises (NASDAQ:GROM) was the smallest firm by market cap to set a new 52-week low. IMAC Hldgs (NASDAQ:BACK)'s stock moved significantly downwards, trading down 2592.31% to reach a new 52-week low. TH International (NASDAQ:THCH) saw the sharpest rebound, as shares ascended 0.0%, reversing after hiting a new 52-week low. Stocks that set new 52-week lows on Friday are as follows: Kenvue (NYSE:KVUE) stock drifted up 0.4% on Friday morning to hit a new 52-week low of $20
First-of-its-kind integration streamlines back-end operations by enabling automated submission of post-sale documents from installers' CRMs to Sunlight's portal, Orange® Sunlight Financial Holdings Inc. ("Sunlight Financial", "Sunlight" or the "Company") (NYSE:SUNL), a premier, technology-enabled point-of-sale finance company and Bodhi®, a leading solar customer experience platform, today announced a new partnership through which solar installers are empowered to automatically submit the post-sale documents Sunlight requires via an integration between Sunlight's technology portal, Orange®, and Bodhi's digital customer experience platform, Bodhi® Pro. "Sunlight Financial's new partnership w
Wednesday's session saw 150 companies set new 52-week lows. Interesting Points From Today's 52-Week Lows: Enbridge (NYSE:ENB) was the biggest company on a market cap basis to set a new 52-week low. The company with the smallest market cap to set a new 52-week low was Bruush Oral Care (NASDAQ:BRSH). Tivic Health Systems (NASDAQ:TIVC)'s stock made the biggest move downwards, diving 7844.67% to reach a new 52-week low. Kellogg (NYSE:K)'s stock made the biggest reversal, trading up 0.0% shortly after dropping to a new 52-week low. The following stocks created new 52-week lows on Wednesday: Enbridge (NYSE:ENB) shares made a new 52-week low of $33.96 on Wednesday. The stock was down
Gainers AgileThought, Inc. (NASDAQ:AGIL) jumped 85.5% to $0.3941. AgileThought recently posted a loss for the second quarter. VCI Global Limited (NASDAQ:VCIG) shares climbed 76% to $6.60 after the company announced a collaboration with Microsoft Azure OpenAI. iTeos Therapeutics, Inc. (NASDAQ:ITOS) shares gained 44.3% to $16.95 following release of Roche NSCLC data. Apellis Pharmaceuticals, Inc. (NASDAQ:APLS) climbed 38.5% to $42.31 after the company said events of retinal vasculitis in treatment with SYFOVRE were rare, with an estimated real-world rate of 0.01% per injection. MicroCloud Hologram Inc. (NASDAQ:HOLO) surged 34.4% to $7.87. Arcus Biosciences, Inc. (NYSE:RCUS) shares g
Sunlight Financial Holdings Inc. ("Sunlight Financial", "Sunlight" or the "Company") (NYSE:SUNL), a premier, technology-enabled point-of-sale finance company, today announced that its Board of Directors approved a 1-for-20 reverse stock split of the Company's common stock that will become effective at 11:59 p.m. Eastern Time on August 22, 2023. The Company's common stock will begin trading on a split-adjusted basis on the New York Stock Exchange (NYSE) when the market opens on August 23, 2023. The reverse stock split was approved by the Company's stockholders on August 11, 2023 at the Company's annual meeting of stockholders, with authorization to determine the final ratio having been grante
Gainers PhenomeX Inc. (NASDAQ:CELL) shares surged 138.3% to $0.9532. Bruker Corporation and PhenomeX reported a $108 million definitive agreement for Bruker to acquire PhenomeX in an all-cash transaction for $1 per share. Tivic Health Systems, Inc. (NASDAQ:TIVC) shares jumped 39.1% to $0.0932. Tivic Health Systems shares jumped 80% on Wednesday after the company announced its funded study started enrollment for its non-invasive bioelectronic device approach to vagus nerve stimulation. Sunlight Financial Holdings Inc. (NYSE:SUNL) climbed 36.9% to $0.2101 after declining 8% on Wednesday. Advanced Health Intelligence Ltd. (NASDAQ:AHI) shares rose 30.2% to $5.00. Advanced Health Intelligen
U.S. stocks traded mostly higher this morning, with the Dow Jones gaining more than 50 points on Thursday. Following the market opening Thursday, the Dow traded up 0.21% to 34,837.64 while the NASDAQ rose 0.03% to 13,478.89. The S&P 500, also rose, gaining, 0.18% to 4,412.31. Check This Out: NVIDIA To Rally Around 84%? Here Are 10 Other Analyst Forecasts For Thursday Leading and Lagging Sectors Energy shares rose by 2% on Thursday. In trading on Thursday, health care shares fell by 0.2%. Top Headline U.S. initial jobless claims declined by 11,000 from the previous week’s revised level to 239,000 in the week ending August 12, compared to market expectations of 240,000. Equities Tr
Gainers Modular Medical, Inc. (NASDAQ:MODD) shares surged 34.3% to $1.37 in pre-market trading after the company announced a partnership with Phillips-Medisize to expand insulin delivery alternatives. Sunlight Financial Holdings Inc. (NYSE:SUNL) rose 30.9% to $0.2010 in pre-market trading after declining 8% on Wednesday. Tivic Health Systems, Inc. (NASDAQ:TIVC) shares climbed 29.1% to $0.0865 in pre-market trading. Tivic Health Systems shares jumped 80% on Wednesday after the company announced its funded study started enrollment for its non-invasive bioelectronic device approach to vagus nerve stimulation. Inpixon (NASDAQ:INPX) shares gained 26.8% to $0.26 in pre-market trading after g
During the Friday's sesion, 157 stocks hit new 52-week lows. Interesting Highlights From Today's 52-Week Lows: Corteva (NYSE:CTVA) was the biggest company on a market cap basis to set a new 52-week low. The smallest company by market cap to hit a new 52-week low was American Rebel Holdings (NASDAQ:AREB). Mullen Automotive (NASDAQ:MULN) made the largest move down on the session, with shares plummeting 815.93% to reach its 52-week low. BNY Mellon Strategic (NYSE:LEO) saw the sharpest rebound, as shares ascended 0.0%, reversing after hiting a new 52-week low. The following stocks created new 52-week lows on Friday: Corteva (NYSE:CTVA) shares hit a yearly low of $52.02. The stock