Sun Communities Company Profile (NYSE:SUI)

About Sun Communities

Sun Communities logoSun Communities, Inc. (SHS) is a self-administered and self-managed real estate investment trust (REIT). The Company operates in two segments: Real Property Operations, and Home Sales and Rentals. The Real Property Operations segment owns, operates and develops manufactured housing (MH) and recreational vehicle (RV) throughout the United States and is in the business of acquiring, operating and expanding MH and RV communities. Real Property Operations include several home options of various sizes and designs and consist of MH communities and RV communities. The Home Sales and Rentals segment offers manufactured home sales and leasing services to tenants and prospective tenants of its communities. It is engaged in the marketing, selling and leasing of new and pre-owned homes to residents in its communities. It has regional property management offices located in Austin, Texas; Dayton, Ohio; Grand Rapids, Michigan; Traverse City, Michigan; Ft. Myers, Florida, and Orlando, Florida.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Residential
  • Sub-Industry: Residential REITs
  • Exchange: NYSE
  • Symbol: SUI
  • CUSIP: 86667410
Key Metrics:
  • Previous Close: $83.52
  • 50 Day Moving Average: $79.20
  • 200 Day Moving Average: $76.76
  • 52-Week Range: $72,277,000.00 - $65.89
  • Trailing P/E Ratio: 321.23
  • Foreward P/E Ratio: 55.31
  • P/E Growth: 22.45
  • Market Cap: $6.04B
  • Outstanding Shares: 72,277,000
  • Beta: 0.38
Profitability:
  • Net Margins: 16.21%
  • Return on Equity: 6.38%
  • Return on Assets: 2.48%
Debt:
  • Debt-to-Equity Ratio: 1.27%
Additional Links:
Companies Related to Sun Communities:

Analyst Ratings

Consensus Ratings for Sun Communities (NYSE:SUI) (?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $81.75 (2.12% downside)

Analysts' Ratings History for Sun Communities (NYSE:SUI)
Show:
DateFirmActionRatingPrice TargetDetails
2/27/2017Citigroup Inc.DowngradeBuy -> NeutralView Rating Details
1/12/2017BMO Capital MarketsReiterated RatingBuy$82.00View Rating Details
10/14/2016Evercore ISIInitiated CoverageBuy$85.00View Rating Details
3/30/2016Robert W. BairdUpgradeNeutral -> Outperform$67.00 -> $74.00View Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Sun Communities (NYSE:SUI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
2/23/2017Q416$0.05$0.91$128.52 million$218.60 millionViewListenView Earnings Details
11/1/2016Q316$1.10$1.13$146.83 million$249.70 millionViewListenView Earnings Details
8/2/2016Q216$0.82$0.85$165.78 million$140.00 millionViewListenView Earnings Details
4/26/2016Q116$0.89$0.90$124.36 million$129.24 millionViewListenView Earnings Details
2/23/2016Q415$0.85$0.81$167.15 million$168.20 millionViewListenView Earnings Details
10/27/2015Q315$1.05$1.05$173.38 million$185.36 millionViewListenView Earnings Details
7/30/2015Q215$0.83$0.87$151.49 million$165.90 millionViewListenView Earnings Details
4/23/2015Q115$0.86$0.90$137.61 million$152.65 millionViewListenView Earnings Details
2/24/2015Q414$0.72$0.69$122.47 million$119.70 millionViewListenView Earnings Details
10/30/2014Q3$0.92$0.96$111.80 million$125.43 millionViewListenView Earnings Details
7/24/2014Q214$0.76$0.78$105.88 million$115.40 millionViewListenView Earnings Details
4/30/2014Q413$0.89$0.95$110.28 million$111.18 millionViewListenView Earnings Details
2/20/2014Q4$0.78$0.78ViewListenView Earnings Details
10/29/2013Q313$0.82$0.82$80.38 million$107.20 millionViewListenView Earnings Details
7/25/2013Q2 2013$0.71$0.69$92.16 million$100.15 millionViewListenView Earnings Details
4/25/2013Q1 2013$0.91$0.93$91.77 million$103.40 millionViewListenView Earnings Details
2/21/2013Q4 2012$0.83$0.71$70.16 million$90.99 millionViewListenView Earnings Details
10/25/2012$0.76$0.71ViewN/AView Earnings Details
7/26/2012$0.78$0.78ViewN/AView Earnings Details
4/26/2012$0.86$0.90ViewN/AView Earnings Details
2/23/2012$0.81$0.81ViewN/AView Earnings Details
10/25/2011$0.76$0.74ViewN/AView Earnings Details
7/28/2011$0.64$0.74ViewN/AView Earnings Details
4/28/2011$0.80$0.83ViewN/AView Earnings Details
2/24/2011$0.77$0.78ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Sun Communities (NYSE:SUI)
Current Year EPS Consensus Estimate: $1.24 EPS
Next Year EPS Consensus Estimate: $1.51 EPS

Dividends

Current Dividend Information for Sun Communities (NYSE:SUI)
Annual Dividend:$2.60
Dividend Yield:3.11%
Dividend Growth:1.00% (3 Year Average)
Payout Ratio:140.54% (Based on Trailing 12 Months of Earnings)
209.68% (Based on Current Year Consensus EPS Estimate)
172.19% (Based on Next Year Consensus EPS Estimate)

Dividend History for Sun Communities (NYSE:SUI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/8/2016quarterly$0.653.5%12/28/201612/31/20161/20/2017
9/6/2016quarterly$0.653.34%9/28/20169/30/201610/17/2016
6/7/2016quarterly$0.653.81%6/28/20166/30/20167/15/2016
3/8/2016quarterly$0.653.89%3/29/20163/31/20164/15/2016
9/15/2015quarterly$0.653.97%9/28/20159/30/201510/16/2015
6/5/2015quarterly$0.654.19%6/26/20156/30/20157/17/2015
3/4/2015quarterly$0.653.88%3/27/20153/31/20154/17/2015
12/9/2014quarterly$0.654.3%12/29/201412/31/20141/16/2015
9/17/2014quarterly$0.654.98%9/26/20149/30/201410/17/2014
6/18/2014quarterly$0.655.13%6/26/20146/30/20147/18/2014
3/20/2014quarterly$0.655.85%3/27/20143/31/20144/17/2014
12/18/2013quarterly$0.635.97%12/27/201312/31/20131/17/2014
9/20/2013quarterly$0.635.54%9/26/20139/30/201310/18/2013
6/18/2013quarterly$0.634.9%6/26/20136/28/20137/19/2013
3/22/2013quarterly$0.635.29%3/27/20134/1/20134/19/2013
12/24/2012quarterly$0.636.31%12/27/201212/31/20121/18/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Sun Communities (NYSE:SUI)
Insider Ownership Percentage: 5.14%
Institutional Ownership Percentage: 99.24%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/23/2016Jonathan ColmanEVPSell3,000$75.00$225,000.00View SEC Filing  
11/17/2016Stephanie W BergeronDirectorSell4,850$70.63$342,555.50View SEC Filing  
8/3/2016Clunet R LewisDirectorSell1,800$78.16$140,688.00View SEC Filing  
6/30/2016Gary A ShiffmanCEOSell18,642$75.67$1,410,640.14View SEC Filing  
6/29/2016Gary A ShiffmanCEOSell21,570$75.71$1,633,064.70View SEC Filing  
6/8/2016Paul D LapidesDirectorSell6,127$68.23$418,045.21View SEC Filing  
11/12/2015John Bandini MclarenCOOSell5,000$62.00$310,000.00View SEC Filing  
6/19/2015Randall K RoweDirectorBuy25,664$50.00$1,283,200.00View SEC Filing  
1/7/2015John Bandini MclarenCOOSell1,725$63.39$109,347.75View SEC Filing  
12/9/2014Clunet R LewisDirectorSell1,929$59.27$114,331.83View SEC Filing  
8/5/2013John Bandini MclarenCOOSell2,000$48.67$97,340.00View SEC Filing  
8/1/2013Karen DearingCFOSell3,000$48.65$145,950.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Sun Communities (NYSE:SUI)
DateHeadline
capitalcube.com logoSun Communities, Inc. : SUI-US: Dividend Analysis : December 31st, 2016 (record date) : By the numbers : February 24, 2017 (NYSE:SUI)
www.capitalcube.com - February 25 at 3:20 AM
finance.yahoo.com logoEdited Transcript of SUI earnings conference call or presentation 23-Feb-17 4:00pm GMT (NYSE:SUI)
finance.yahoo.com - February 24 at 9:32 AM
finanznachrichten.de logoSun Communities Issues Q1 & FY17 Earnings Guidance (NYSE:SUI)
www.finanznachrichten.de - February 23 at 8:19 PM
nasdaq.com logoSun Communities Inc. Q4 Income Rises 41% (NYSE:SUI)
www.nasdaq.com - February 23 at 8:19 PM
marketexclusive.com logoSUN COMMUNITIES, INC. (NYSE:SUI) Files An 8-K Results of Operations and Financial Condition (NYSE:SUI)
marketexclusive.com - February 23 at 8:19 PM
us.rd.yahoo.com logoSun Communities, Inc. Reports 2016 Fourth Quarter Results (NYSE:SUI)
us.rd.yahoo.com - February 23 at 8:19 PM
biz.yahoo.com logoQ4 2016 Sun Communities Inc Earnings Release - Before Market Open (NYSE:SUI)
us.rd.yahoo.com - February 23 at 8:19 PM
biz.yahoo.com logoSUN COMMUNITIES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhib (NYSE:SUI)
us.rd.yahoo.com - February 23 at 8:19 PM
sg.finance.yahoo.com logoSun Communities reports 4Q results (NYSE:SUI)
sg.finance.yahoo.com - February 23 at 8:19 PM
biz.yahoo.com logoSun Communities Inc Earnings Call scheduled for 11:00 am ET today (NYSE:SUI)
biz.yahoo.com - February 23 at 8:19 PM
4-traders.com logoSUN COMMUNITIES : SUI) ANNOUNCES DISTRIBUTION INCREASE (NYSE:SUI)
www.4-traders.com - February 16 at 7:51 PM
finance.yahoo.com logoSUN COMMUNITIES, INC. (SUI) ANNOUNCES DISTRIBUTION INCREASE (NYSE:SUI)
finance.yahoo.com - February 16 at 7:51 PM
finance.yahoo.com logoSUN COMMUNITIES, INC. (SUI) ANNOUNCES DISTRIBUTION INCREASE (NYSE:SUI)
finance.yahoo.com - February 16 at 7:51 PM
finance.yahoo.com logo6:33 am Sun Communities increases annual distribution rate to $2.68/share from $2.60/share; implies increase of quarterly distribution to $0.67/share from $0.65/share (NYSE:SUI)
finance.yahoo.com - February 16 at 7:51 PM
finance.yahoo.com logo6:33 am Sun Communities increases annual distribution rate to $2.68/share from $2.60/share; implies increase of quarterly distribution to $0.67/share from $0.65/share (NYSE:SUI)
finance.yahoo.com - February 16 at 7:51 PM
biz.yahoo.com logoSUN COMMUNITIES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:SUI)
biz.yahoo.com - February 16 at 7:51 PM
biz.yahoo.com logoSUN COMMUNITIES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:SUI)
biz.yahoo.com - February 16 at 7:51 PM
nasdaq.com logoSun Communities Reaches Analyst Target Price (NYSE:SUI)
www.nasdaq.com - February 13 at 3:26 PM
News IconRecommendations in focus for Sun Communities, Inc. (NYSE:SUI)? - Midway Monitor (NYSE:SUI)
midwaymonitor.com - February 9 at 5:35 AM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Sun Communities, Inc. (NYSE:SUI)? - Wall Street Beacon (NYSE:SUI)
wsbeacon.com - February 1 at 6:45 AM
News IconNorth Forty Management adds Sun Communities Inc (SUI) by $86218 - Highland Mirror (NYSE:SUI)
www.highlandmirror.com - February 1 at 6:45 AM
News IconAre Analysts Predicting a Near-Term Upswing For Sun Communities, Inc. (NYSE:SUI)? - Wall Street Beacon (NYSE:SUI)
wsbeacon.com - January 30 at 10:38 PM
News IconSteady As She Goes, Accelerated Growth Puts Stock in Focus: Sun Communities, Inc. (NYSE:SUI) - Wall Street Beacon (NYSE:SUI)
wsbeacon.com - January 21 at 7:46 PM
4-traders.com logoSun Communities : Announces Tax Treatment of 2016 Distributions (NYSE:SUI)
www.4-traders.com - January 16 at 1:04 PM
finance.yahoo.com logoSun Communities, Inc. Announces Tax Treatment of 2016 Distributions (NYSE:SUI)
finance.yahoo.com - January 16 at 1:04 PM
4-traders.com logoSun Communities : Announces Date for Fourth Quarter 2016 Earnings Release and Conference Call (NYSE:SUI)
www.4-traders.com - January 7 at 5:31 AM
publicnow.com logoSun Communities, Inc. Announces Date for Fourth Quarter 2016 Earnings Release and Conference Call (NYSE:SUI)
www.publicnow.com - January 7 at 5:31 AM
forbes.com logoEx-Dividend Reminder: AvalonBay Communities, CoreCivic and ... - Forbes (NYSE:SUI)
www.forbes.com - December 28 at 8:59 AM
nasdaq.com logoSun Communities, Inc.'s 7.125% Series A Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon - Nasdaq (NYSE:SUI)
www.nasdaq.com - December 28 at 8:59 AM
nasdaq.com logoSun Communities, Inc. (SUI) Ex-Dividend Date Scheduled for December 28, 2016 - Nasdaq (NYSE:SUI)
www.nasdaq.com - December 28 at 8:59 AM
nasdaq.com logoSun Communities, Inc.'s 7.125% Series A Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon (NYSE:SUI)
www.nasdaq.com - December 27 at 7:42 PM
capitalcube.com logoSun Communities, Inc. breached its 50 day moving average in a Bullish Manner : SUI-US : December 19, 2016 (NYSE:SUI)
www.capitalcube.com - December 19 at 11:07 AM
News IconIs Sun Communities Inc (SUI) A Good Stock To Buy? (NYSE:SUI)
feedproxy.google.com - December 13 at 1:01 PM
finance.yahoo.com logoArmada Hoffler Acquires Retail Assets: Time to Buy AHH? (NYSE:SUI)
finance.yahoo.com - December 9 at 7:58 PM
nasdaq.com logoSUI Makes Bullish Cross Above Critical Moving Average (NYSE:SUI)
www.nasdaq.com - December 7 at 7:52 PM
News IconSun Communities Declares Common Stock and Preferred Stock Fourth Quarter 2016 Distribution - Yahoo Sports (NYSE:SUI)
sports.yahoo.com - December 6 at 8:19 AM
finance.yahoo.com logoSun Communities Declares Common Stock and Preferred Stock Fourth Quarter 2016 Distribution (NYSE:SUI)
finance.yahoo.com - December 6 at 8:19 AM
capitalcube.com logoETFs with exposure to Sun Communities, Inc. : December 2, 2016 (NYSE:SUI)
www.capitalcube.com - December 2 at 7:40 PM
insidermonkey.com logoIs First Solar, Inc. (FSLR) A Good Stock To Buy? (NYSE:SUI)
www.insidermonkey.com - November 29 at 9:59 AM
investornewswire.com logoCan Sun Communities, Inc. (NYSE:SUI) Achieve EPS Of $1.06? - Investor Newswire (NYSE:SUI)
www.investornewswire.com - November 27 at 6:30 AM
News IconStock Sliding Pre-Bell: Sun Communities Inc. (NYSE:SUI) - CSZ News (NYSE:SUI)
cincysportszone.com - November 24 at 11:02 AM
publicnow.com logoNo material changes in the affairs of Superior Mining (NYSE:SUI)
www.publicnow.com - November 23 at 10:57 AM
News IconInteresting SUI Put Options For January 2017 (NYSE:SUI)
www.stockoptionschannel.com - November 21 at 11:38 AM
News IconInsider Filing Note: The Insider and director of Sun Communities Inc (NYSE:SUI), Stephanie Bergeron, Unloaded 4,850 Shares (NYSE:SUI)
www.whatsonthorold.com - November 20 at 11:46 AM
4-traders.com logoSun Communities : Ocean Breeze council poised for new blood (NYSE:SUI)
www.4-traders.com - November 19 at 7:37 PM
4-traders.com logoSun Communities : Six run for Ocean Breeze Town Council, one for mayor in upcoming election (NYSE:SUI)
www.4-traders.com - November 19 at 10:10 AM
News IconInsider Filing Note: The Insider and director of Sun Communities Inc (NYSE:SUI), Stephanie Bergeron, Unloaded 4850 ... - Thorold News (NYSE:SUI)
www.whatsonthorold.com - November 18 at 11:03 AM
News IconWhat are Research Firms Saying About Sun Communities, Inc. (NYSE:SUI)? - CSZ News (NYSE:SUI)
cincysportszone.com - November 16 at 11:34 AM
biz.yahoo.com logoSUN COMMUNITIES INC Files SEC form 8-K, Regulation FD Disclosure (NYSE:SUI)
biz.yahoo.com - November 14 at 7:56 PM
nasdaq.com logoSun Communities Becomes Oversold (SUI) - Nasdaq (NYSE:SUI)
www.nasdaq.com - November 11 at 10:42 AM

Social

What is Sun Communities' stock symbol?

Sun Communities trades on the New York Stock Exchange (NYSE) under the ticker symbol "SUI."

How often does Sun Communities pay dividends? What is the dividend yield for Sun Communities?

Sun Communities declared a quarterly dividend on Thursday, December 8th. Shareholders of record on Saturday, December 31st will be given a dividend of $0.65 per share on Friday, January 20th. This represents a $2.60 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date is Wednesday, December 28th.

Where is Sun Communities' stock going? Where will Sun Communities' stock price be in 2017?

4 equities research analysts have issued 1-year price objectives for Sun Communities' shares. Their forecasts range from $74.00 to $86.00. On average, they expect Sun Communities' stock price to reach $81.75 in the next twelve months.

When will Sun Communities announce their earnings?

Sun Communities is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

Who owns Sun Communities stock?

Sun Communities' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (7.10%), State Street Corp (2.81%), Dimensional Fund Advisors LP (1.22%), V3 Capital Management L.P. (0.83%), Russell Investments Group Ltd. (0.73%) and FIL Ltd (0.54%). Company insiders that own Sun Communities stock include Clunet R Lewis, Gary A Shiffman, John Bandini Mclaren, Jonathan Colman, Paul D Lapides, Randall K Rowe and Stephanie W Bergeron.

Who sold Sun Communities stock? Who is selling Sun Communities stock?

Sun Communities' stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, Guggenheim Capital LLC, Federated Investors Inc. PA, Castle Ridge Investment Management LP, Tudor Investment Corp Et Al, Artemis Investment Management LLP and Netols Asset Management Inc.. Company insiders that have sold Sun Communities stock in the last year include Clunet R Lewis, Gary A Shiffman, Jonathan Colman, Paul D Lapides and Stephanie W Bergeron.

Who bought Sun Communities stock? Who is buying Sun Communities stock?

Sun Communities' stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., V3 Capital Management L.P., Dimensional Fund Advisors LP, State Street Corp, Waratah Capital Advisors Ltd., Martingale Asset Management L P, Asset Management One Co. Ltd. and Thrivent Financial for Lutherans.

How do I buy Sun Communities stock?

Shares of Sun Communities can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Sun Communities stock cost?

One share of Sun Communities stock can currently be purchased for approximately $83.52.

Sun Communities (NYSE:SUI) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Sun Communities (NYSE:SUI)

Earnings History Chart

Earnings by Quarter for Sun Communities (NYSE:SUI)

Dividend History Chart

Dividend Payments by Quarter for Sun Communities (NYSE:SUI)

Last Updated on 2/27/2017 by MarketBeat.com Staff