Top-Rated Dividend StocksTop-Rated DividendNYSE:SUI Sun Communities (SUI) Stock Forecast, Price & News $131.25 +0.08 (+0.06%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$129.93▼$131.7550-Day Range$126.63▼$141.8052-Week Range$117.63▼$172.67Volume719,205 shsAverage Volume576,282 shsMarket Capitalization$16.33 billionP/E Ratio75.87Dividend Yield2.83%Price Target$163.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Sun Communities MarketRank™ ForecastAnalyst RatingModerate Buy2.78 Rating ScoreUpside/Downside24.2% Upside$163.00 Price TargetShort InterestHealthy1.37% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.96Upright™ Environmental ScoreNews Sentiment0.82Based on 6 Articles This WeekInsider TradingAcquiring Shares$50,472 Bought Last QuarterProj. Earnings Growth6.85%From $7.30 to $7.80 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.59 out of 5 starsFinance Sector289th out of 858 stocksReal Estate Investment Trusts Industry41st out of 190 stocks 2.4 Analyst's Opinion Consensus RatingSun Communities has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $163.00, Sun Communities has a forecasted upside of 24.2% from its current price of $131.25.Amount of Analyst CoverageSun Communities has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.37% of the outstanding shares of Sun Communities have been sold short.Short Interest Ratio / Days to CoverSun Communities has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous month Previous Next 2.5 Dividend Strength Dividend YieldSun Communities pays a meaningful dividend of 2.81%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSun Communities has been increasing its dividend for 7 years.Dividend CoverageThe dividend payout ratio of Sun Communities is 215.03%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Sun Communities will have a dividend payout ratio of 47.69% next year. This indicates that Sun Communities will be able to sustain or increase its dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSun Communities has received a 25.46% net impact score from Upright. Sun Communities seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Real estate funds investing in apartment buildings", "Real estate funds investing in rental apartments", and "Camping ground services" products. See details.Environmental SustainabilityThe Environmental Impact score for Sun Communities is -2.96. Previous Next 3.2 News and Social Media Coverage News SentimentSun Communities has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Sun Communities this week, compared to 3 articles on an average week.Search InterestOnly 7 people have searched for SUI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows8 people have added Sun Communities to their MarketBeat watchlist in the last 30 days. This is an increase of 167% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sun Communities insiders have bought more of their company's stock than they have sold. Specifically, they have bought $50,472.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.06% of the stock of Sun Communities is held by insiders.Percentage Held by Institutions93.31% of the stock of Sun Communities is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Sun Communities are expected to grow by 6.85% in the coming year, from $7.30 to $7.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sun Communities is 75.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.18.Price to Earnings Ratio vs. SectorThe P/E ratio of Sun Communities is 75.87, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.64.Price to Earnings Growth RatioSun Communities has a PEG Ratio of 3.00. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSun Communities has a P/B Ratio of 2.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Sun Communities (NYSE:SUI) StockSun Communities, Inc. provides real estate management services. The firm operates through the following segments: Manufactured Home Communities, Recreational Vehicle, and Marina. The Manufactured Home Communities segment owns, operates, and develops manufactured housing communities and is in the business of acquiring, operating, and developing ground up communities to provide housing solutions. The Recreational Vehicle segment focuses on the development of recreational vehicle resorts and is in the business of acquiring, operating and developing ground up resorts throughout the U.S. and in Ontario, Canada. The Marina segment operates marinas and is in the business of acquiring and operating marinas throughout the U.S. The company was founded in 1975 and is headquartered in Southfield, MI.Read More Receive SUI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sun Communities and its competitors with MarketBeat's FREE daily newsletter. Email Address SUI Stock News HeadlinesJune 7, 2023 | msn.comSun Communities declares $0.93 dividendJune 6, 2023 | finance.yahoo.comSun Communities, Inc. Declares Second Quarter 2023 DistributionJune 8, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!June 1, 2023 | benzinga.comSun Communities, Inc. to Present at Nareit's REITweek: 2023 Investor ConferenceJune 1, 2023 | finance.yahoo.comSun Communities, Inc. to Present at Nareit’s REITweek: 2023 Investor ConferenceJune 1, 2023 | msn.comSun Communities: Solid Company In A Market With Growing DemandJune 1, 2023 | americanbankingnews.comBaxter Underwood Acquires 400 Shares of Sun Communities, Inc. (NYSE:SUI) StockMay 30, 2023 | msn.comAnalyst Expectations for Sun Communities's FutureJune 8, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 30, 2023 | americanbankingnews.comSun Communities (NYSE:SUI) PT Lowered to $153.00 at Royal Bank of CanadaMay 29, 2023 | americanbankingnews.comBrokerages Set Sun Communities, Inc. (NYSE:SUI) Price Target at $164.38May 21, 2023 | americanbankingnews.comSun Communities (NYSE:SUI) Price Target Raised to $168.00May 19, 2023 | finance.yahoo.com3 Off-the-Beaten-Path Dividend Stocks to Buy for Passive IncomeMay 18, 2023 | msn.comBaird Maintains Sun Communities (SUI) Outperform RecommendationMay 8, 2023 | finance.yahoo.comSun Communities, Inc. Releases 2022 ESG ReportMay 2, 2023 | msn.comSun Communities: Relax And Enjoy The Steady Flow Of IncomeMay 2, 2023 | americanbankingnews.comSun Communities, Inc. (NYSE:SUI) Receives $164.50 Average Price Target from AnalystsApril 28, 2023 | msn.comJMP Securities Reiterates Sun Communities (SUI) Market Outperform RecommendationApril 28, 2023 | finance.yahoo.comQ1 2023 Sun Communities Inc Earnings CallApril 28, 2023 | americanbankingnews.comSun Communities (NYSE:SUI) Upgraded by StockNews.com to SellApril 27, 2023 | markets.businessinsider.comBMO Capital Keeps Their Buy Rating on Sun Communities (SUI)April 27, 2023 | markets.businessinsider.comSun Communities (SUI) Gets a Buy from JMP SecuritiesApril 27, 2023 | finance.yahoo.comSun Communities (SUI) Q1 FFO and Revenues Top EstimatesApril 26, 2023 | finance.yahoo.comSun Communities, Inc. Reports 2023 First Quarter ResultsApril 25, 2023 | ca.finance.yahoo.comSun Communities, Inc. (SCZ.F)April 24, 2023 | americanbankingnews.comSun Communities (SUI) Scheduled to Post Earnings on WednesdayApril 22, 2023 | markets.businessinsider.comRBC Capital Sticks to Their Buy Rating for Sun Communities (SUI)See More Headlines SUI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SUI Company Calendar Ex-Dividend for 4/17 Dividend3/30/2023Dividend Payable4/17/2023Last Earnings4/24/2023Today6/08/2023Ex-Dividend for 7/17 Dividend6/29/2023Dividend Payable7/17/2023Next Earnings (Confirmed)7/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryResidential REITs SectorFinance Current SymbolNYSE:SUI CUSIP86667410 CIK912593 Webwww.suncommunities.com Phone(248) 208-2500Fax248-932-3072Employees7,594Year Founded1993Price Target and Rating Average Stock Price Forecast$163.00 High Stock Price Forecast$185.00 Low Stock Price Forecast$151.00 Forecasted Upside/Downside+24.8%Consensus RatingModerate Buy Rating Score (0-4)2.78 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.73 Trailing P/E Ratio75.50 Forward P/E Ratio17.89 P/E Growth3Net Income$253 million Net Margins6.87% Pretax Margin9.16% Return on Equity2.63% Return on Assets1.25% Debt Debt-to-Equity Ratio0.92 Current Ratio2.63 Quick Ratio2.63 Sales & Book Value Annual Sales$2.97 billion Price / Sales5.47 Cash Flow$6.54 per share Price / Cash Flow19.97 Book Value$65.31 per share Price / Book2.00Miscellaneous Outstanding Shares124,410,000Free Float121,845,000Market Cap$16.25 billion OptionableOptionable Beta0.71 Social Links Key ExecutivesGary A. ShiffmanChairman, President & Chief Executive OfficerBruce D. ThelenChief Operating OfficerFernando Castro-CaratiniCFO, Secretary, Treasurer & Executive VPJohn Bandini McLarenExecutive Vice PresidentMarc FarrugiaChief Administrative Officer & Executive VPKey CompetitorsMid-America Apartment CommunitiesNYSE:MAAEssex Property TrustNYSE:ESSUDRNYSE:UDREquity LifeStyle PropertiesNYSE:ELSCamden Property TrustNYSE:CPTView All CompetitorsInsiders & InstitutionsAurora Investment CounselBought 114 shares on 6/6/2023Ownership: 0.011%Aurora Investment CounselSold 11,585 shares on 6/5/2023Ownership: 0.002%Macquarie Group Ltd.Sold 54,252 shares on 6/1/2023Ownership: 0.294%Prelude Capital Management LLCSold 1,003 shares on 6/1/2023Ownership: 0.014%Baxter UnderwoodBought 400 shares on 5/25/2023Total: $50,472.00 ($126.18/share)View All Insider TransactionsView All Institutional Transactions SUI Stock - Frequently Asked Questions Should I buy or sell Sun Communities stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sun Communities in the last twelve months. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SUI shares. View SUI analyst ratings or view top-rated stocks. What is Sun Communities' stock price forecast for 2023? 9 Wall Street research analysts have issued 12-month price targets for Sun Communities' shares. Their SUI share price forecasts range from $151.00 to $185.00. On average, they predict the company's share price to reach $163.00 in the next twelve months. This suggests a possible upside of 24.8% from the stock's current price. View analysts price targets for SUI or view top-rated stocks among Wall Street analysts. How have SUI shares performed in 2023? Sun Communities' stock was trading at $143.00 at the beginning of the year. Since then, SUI shares have decreased by 8.7% and is now trading at $130.62. View the best growth stocks for 2023 here. Are investors shorting Sun Communities? Sun Communities saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 1,700,000 shares, a drop of 18.3% from the April 15th total of 2,080,000 shares. Based on an average trading volume of 601,600 shares, the short-interest ratio is currently 2.8 days. View Sun Communities' Short Interest. When is Sun Communities' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. View our SUI earnings forecast. How can I listen to Sun Communities' earnings call? Sun Communities will be holding an earnings conference call on Thursday, July 27th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13739127". How were Sun Communities' earnings last quarter? Sun Communities, Inc. (NYSE:SUI) announced its quarterly earnings results on Monday, April, 24th. The real estate investment trust reported ($0.24) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.18 by $1.42. The real estate investment trust had revenue of $651.20 million for the quarter, compared to analyst estimates of $610.32 million. Sun Communities had a net margin of 6.87% and a trailing twelve-month return on equity of 2.63%. The company's revenue for the quarter was up 18.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.34 earnings per share. How often does Sun Communities pay dividends? What is the dividend yield for Sun Communities? Sun Communities announced a quarterly dividend on Tuesday, June 6th. Stockholders of record on Friday, June 30th will be given a dividend of $0.93 per share on Monday, July 17th. This represents a $3.72 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date is Thursday, June 29th. Read our dividend analysis for SUI. What ETFs hold Sun Communities' stock? ETFs with the largest weight of Sun Communities (NYSE:SUI) stock in their portfolio include Kelly Residential & Apartment Real Estate ETF (RESI), Principal Real Estate Active Opportunities ETF (BYRE), Residential REIT ETF (HAUS), Nuveen Short-Term REIT ETF (NURE), JPMorgan Realty Income ETF (JPRE), Janus Henderson U.S. Real Estate ETF (JRE), iShares Residential and Multisector Real Estate ETF (REZ) and ALPS Active REIT ETF (REIT). Is Sun Communities a good dividend stock? Sun Communities (NYSE:SUI) pays an annual dividend of $3.72 per share and currently has a dividend yield of 2.81%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 215.03%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SUI will have a dividend payout ratio of 47.69% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SUI. What guidance has Sun Communities issued on next quarter's earnings? Sun Communities updated its second quarter 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $1.90-$1.98 for the period, compared to the consensus EPS estimate of $2.02. The company issued revenue guidance of -. What is Gary A. Shiffman's approval rating as Sun Communities' CEO? 140 employees have rated Sun Communities Chief Executive Officer Gary A. Shiffman on Glassdoor.com. Gary A. Shiffman has an approval rating of 91% among the company's employees. This puts Gary A. Shiffman in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Sun Communities own? Based on aggregate information from My MarketBeat watchlists, some companies that other Sun Communities investors own include Alibaba Group (BABA), NVIDIA (NVDA), Fortinet (FTNT), NextEra Energy (NEE), American Tower (AMT), Chipotle Mexican Grill (CMG), Intel (INTC), Xilinx (XLNX), Arch Capital Group (ACGL) and Walt Disney (DIS). What is Sun Communities' stock symbol? Sun Communities trades on the New York Stock Exchange (NYSE) under the ticker symbol "SUI." Who are Sun Communities' major shareholders? Sun Communities' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.79%), JPMorgan Chase & Co. (5.08%), State Street Corp (4.73%), Principal Financial Group Inc. (3.61%), FMR LLC (1.77%) and Wellington Management Group LLP (1.74%). Insiders that own company stock include Baxter Underwood, Bruce Thelen, Clunet R Lewis, Gary A Shiffman, Gary A Shiffman, John Bandini Mclaren, Karen Dearing and Stephanie W Bergeron. View institutional ownership trends. How do I buy shares of Sun Communities? Shares of SUI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Sun Communities' stock price today? One share of SUI stock can currently be purchased for approximately $130.62. How much money does Sun Communities make? Sun Communities (NYSE:SUI) has a market capitalization of $16.25 billion and generates $2.97 billion in revenue each year. The real estate investment trust earns $253 million in net income (profit) each year or $1.73 on an earnings per share basis. How many employees does Sun Communities have? The company employs 7,594 workers across the globe. How can I contact Sun Communities? Sun Communities' mailing address is 27777 FRANKLIN ROAD SUITE 200, SOUTHFIELD MI, 48034. The official website for the company is www.suncommunities.com. The real estate investment trust can be reached via phone at (248) 208-2500, via email at investorrelations@suncommunities.com, or via fax at 248-932-3072. This page (NYSE:SUI) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Sun Communities, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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