Credit Suisse initiated coverage on Sunlight Financial with a new price target
$SUNL
Diversified Financial Services
Finance
Credit Suisse initiated coverage of Sunlight Financial with a rating of Outperform and set a new price target of $9.00
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| 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 |
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)
4 - Sunlight Financial Holdings Inc. (0001821850) (Issuer)
4 - Sunlight Financial Holdings Inc. (0001821850) (Issuer)
4 - Sunlight Financial Holdings Inc. (0001821850) (Issuer)
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
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
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
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
8-K - Sunlight Financial Holdings Inc. (0001821850) (Filer)
8-K - Sunlight Financial Holdings Inc. (0001821850) (Filer)
8-K - Sunlight Financial Holdings Inc. (0001821850) (Filer)
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