Sun Communities Company Profile (NYSE:SUI)

About Sun Communities (NYSE:SUI)

Sun Communities logoSun Communities, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company is a fully integrated real estate company, which, together with its affiliates and predecessors, has been in the business of acquiring, operating, developing, and expanding manufactured housing (MH) and recreational vehicle (RV). As of December 31, 2016, it owned and operated or had an interest in a portfolio of properties located throughout the United States and Ontario, Canada, including 226 MH communities, 87 RV communities, and 28 properties containing both MH and RV sites. The Company operates through two segments: Real Property Operations and Home Sales and Rentals. The Real Property Operations segment owns, operates, or has an interest in a portfolio, and develops MH communities and RV communities throughout the United States and is in the business of acquiring, operating, and expanding MH and RV communities.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Residential
  • Sub-Industry: Residential REITs
  • Symbol: NYSE:SUI
  • CUSIP: 86667410
  • Web: www.suncommunities.com
Capitalization:
  • Market Cap: $6.34 billion
  • Outstanding Shares: 73,788,000
Average Prices:
  • 50 Day Moving Avg: $83.87
  • 200 Day Moving Avg: $79.02
  • 52 Week Range: $67.95 - $87.99
P/E:
  • Trailing P/E Ratio: 200.78
  • Foreward P/E Ratio: 61.84
  • P/E Growth: 27.72
Sales & Book Value:
  • Annual Revenue: $890.02 million
  • Price / Sales: 7.13
  • Book Value: $31.12 per share
  • Price / Book: 2.76
Dividend:
  • Annual Dividend: $2.60
  • Dividend Yield: 3.1%
Profitability:
  • EBIDTA: $405.8 million
  • Net Margins: 16.21%
  • Return on Equity: 6.38%
  • Return on Assets: 2.48%
Debt:
  • Debt-to-Equity Ratio: 1.27%
Misc:
  • Average Volume: 296,839 shs.
  • Beta: 0.38
  • Short Ratio: 3.79
 

Frequently Asked Questions for Sun Communities (NYSE:SUI)

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 Monday, May 22nd. Stockholders of record on Friday, June 30th will be given a dividend of $0.67 per share on Monday, July 17th. This represents a $2.68 annualized dividend and a dividend yield of 3.12%. The ex-dividend date is Wednesday, June 28th. View Sun Communities' Dividend History.

How were Sun Communities' earnings last quarter?

Sun Communities Inc (NYSE:SUI) released its quarterly earnings results on Thursday, April, 27th. The company reported $1.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.07 by $0.03. The company earned $234.40 million during the quarter, compared to analyst estimates of $194.89 million. Sun Communities had a return on equity of 6.38% and a net margin of 16.21%. The business's revenue was up 34.2% on a year-over-year basis. During the same quarter last year, the company posted $0.90 EPS. View Sun Communities' Earnings History.

When will Sun Communities make its next earnings announcement?

Sun Communities is scheduled to release their next quarterly earnings announcement on Monday, July, 31st 2017. View Earnings Estimates for Sun Communities.

What guidance has Sun Communities issued on next quarter's earnings?

Sun Communities issued an update on its FY17 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $4.16-4.24 for the period, compared to the Thomson Reuters consensus estimate of $4.23. Sun Communities also updated its Q2 guidance to $0.93-0.95 EPS.

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

4 equities research analysts have issued 1-year price targets for Sun Communities' shares. Their predictions range from $82.00 to $93.00. On average, they anticipate Sun Communities' stock price to reach $86.75 in the next twelve months. View Analyst Ratings for Sun Communities.

Who are some of Sun Communities' key competitors?

Who owns Sun Communities stock?

Sun Communities' stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (14.48%), FMR LLC (6.75%), BlackRock Inc. (6.44%), Daiwa Securities Group Inc. (5.16%), Principal Financial Group Inc. (4.04%) and State Street Corp (2.83%). 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. View Institutional Ownership Trends for Sun Communities.

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, Prudential Financial Inc., West Family Investments Inc., Bank of Montreal Can, Daiwa Securities Group Inc., Russell Investments Group Ltd., Advantus Capital Management Inc and Schroder Investment Management Group. Company insiders that have sold Sun Communities stock in the last year include Clunet R Lewis, Gary A Shiffman, John Bandini Mclaren, Jonathan Colman, Paul D Lapides and Stephanie W Bergeron. View Insider Buying and Selling for Sun Communities.

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 BlackRock Inc., Vanguard Group Inc., Westfield Capital Management Co. LP, Victory Capital Management Inc., Alliancebernstein L.P., Duff & Phelps Investment Management Co., Principal Financial Group Inc. and Canada Pension Plan Investment Board. View Insider Buying and Selling for Sun Communities.

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 $85.96.

Analyst Ratings

Consensus Ratings for Sun Communities (NYSE:SUI) (?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $86.75 (0.92% upside)

Analysts' Ratings History for Sun Communities (NYSE:SUI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/22/2017Bank of America CorpUpgradeUnderperform -> Buy$93.00MediumView Rating Details
2/28/2017Evercore ISIDowngradeBuy -> Hold$81.00 -> $86.00N/AView Rating Details
2/27/2017Citigroup IncDowngradeBuy -> Neutral$86.00N/AView Rating Details
1/12/2017BMO Capital MarketsReiterated RatingBuy$82.00N/AView Rating Details
3/30/2016Robert W. BairdUpgradeNeutral -> Outperform$67.00 -> $74.00N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Sun Communities (NYSE:SUI)
Earnings by Quarter for Sun Communities (NYSE:SUI)
Earnings History by Quarter for Sun Communities (NYSE:SUI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/31/2017        
4/27/2017Q1 2017$1.07$1.10$194.89 million$234.40 millionViewN/AView Earnings Details
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: $1.04 EPS
Next Year EPS Consensus Estimate: $1.39 EPS

Dividends

Current Dividend Information for Sun Communities (NYSE:SUI)
Next Dividend:7/17/2017
Annual Dividend:$2.60
Dividend Yield:3.02%
Dividend Growth:1.00% (3 Year Average)
Payout Ratio:140.54% (Trailing 12 Months of Earnings)
250.00% (Based on This Year's Estimates)
187.05% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Sun Communities (NYSE:SUI)

Dividend History by Quarter for Sun Communities (NYSE:SUI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/22/2017quarterly$0.673.1%6/28/20176/30/20177/17/2017
3/3/2017quarterly$0.673.27%3/29/20173/31/20174/17/2017
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 and Institutional Ownership History for Sun Communities (NYSE:SUI)
Insider Ownership Percentage: 5.14%
Institutional Ownership Percentage: 99.24%
Insider Trades by Quarter for Sun Communities (NYSE:SUI)
Institutional Ownership by Quarter for Sun Communities (NYSE:SUI)
Insider Trades by Quarter for Sun Communities (NYSE:SUI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/20/2017John Bandini MclarenCOOSell980$73.49$72,020.20View SEC Filing  
2/27/2017Clunet R LewisDirectorSell2,000$83.12$166,240.00View SEC Filing  
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

Headline Trends for Sun Communities (NYSE:SUI)
Latest Headlines for Sun Communities (NYSE:SUI)
Source:
DateHeadline
finance.yahoo.com logoSun Communities, Inc. Commences Public Offering of 3,500,000 Shares of Common Stock
finance.yahoo.com - May 25 at 3:31 AM
americanbankingnews.com logoSun Communities Inc (SUI) to Issue Quarterly Dividend of $0.67
www.americanbankingnews.com - May 22 at 5:34 PM
finance.yahoo.com logoSun Communities, Inc. Declares Second Quarter 2017 Dividends
finance.yahoo.com - May 22 at 8:46 AM
americanbankingnews.com logoSun Communities Inc (SUI) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 22 at 8:32 AM
americanbankingnews.com logoSun Communities Inc (SUI) Lifted to "Buy" at Bank of America Corp
www.americanbankingnews.com - May 22 at 8:16 AM
americanbankingnews.com logoSun Communities Inc (SUI) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - May 20 at 9:28 AM
americanbankingnews.com logoSun Communities Inc (SUI) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - May 20 at 7:08 AM
americanbankingnews.com logoSun Communities (SUI) Earning Somewhat Positive Media Coverage, Study Shows
www.americanbankingnews.com - May 4 at 2:30 PM
americanbankingnews.com logoSomewhat Positive News Coverage Extremely Likely to Impact Sun Communities (SUI) Stock Price
www.americanbankingnews.com - May 1 at 1:11 PM
americanbankingnews.com logoSun Communities (SUI) Receiving Somewhat Positive News Coverage, Analysis Finds
www.americanbankingnews.com - April 28 at 5:08 PM
finance.yahoo.com logoEdited Transcript of SUI earnings conference call or presentation 27-Apr-17 3:00pm GMT
finance.yahoo.com - April 28 at 3:51 PM
finance.yahoo.com logoSun Communities, Inc. Reports 2017 First Quarter Results
finance.yahoo.com - April 27 at 8:33 PM
finance.yahoo.com logoSun Communities reports 1Q results
finance.yahoo.com - April 27 at 8:33 PM
americanbankingnews.com logoSun Communities Inc (SUI) Announces Earnings Results
www.americanbankingnews.com - April 27 at 4:08 PM
americanbankingnews.com logoSun Communities Inc (SUI) Updates FY17 Earnings Guidance
www.americanbankingnews.com - April 27 at 12:22 PM
americanbankingnews.com logoSun Communities Inc (SUI) Updates Q2 Earnings Guidance
www.americanbankingnews.com - April 27 at 12:20 PM
americanbankingnews.com logoSun Communities (SUI) Given News Impact Rating of -0.11
www.americanbankingnews.com - April 25 at 1:09 PM
americanbankingnews.com logoSun Communities (SUI) Receiving Favorable Press Coverage, Report Finds
www.americanbankingnews.com - April 16 at 10:41 AM
americanbankingnews.com logoSun Communities (SUI) Earns Daily Coverage Optimism Score of 0.22
www.americanbankingnews.com - April 13 at 4:42 PM
finance.yahoo.com logoSun Communities, Inc. : SUI-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : April 11, 2017
finance.yahoo.com - April 11 at 7:49 PM
americanbankingnews.com logoSun Communities Inc (SUI) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - March 28 at 12:37 PM
nasdaq.com logoSun Communities Series A Cumulative Redeemable Preferred Stock Ex-Dividend Reminder
www.nasdaq.com - March 27 at 7:15 PM
americanbankingnews.com logoSun Communities Inc (SUI) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - March 27 at 10:20 AM
americanbankingnews.com logoJohn Bandini Mclaren Sells 980 Shares of Sun Communities Inc (SUI) Stock
www.americanbankingnews.com - March 21 at 1:25 PM
americanbankingnews.com logoZacks Investment Research Upgrades Sun Communities Inc (SUI) to Hold
www.americanbankingnews.com - March 21 at 11:35 AM
finance.yahoo.com logoSun Communities, Inc. Announces Date for First Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - March 21 at 10:04 AM
americanbankingnews.com logoSun Communities Inc (SUI) Rating Lowered to Neutral at Citigroup Inc
www.americanbankingnews.com - March 19 at 10:42 PM
americanbankingnews.com logoSun Communities Inc (SUI) Downgraded to “C+” at TheStreet
www.americanbankingnews.com - March 18 at 10:00 PM
biz.yahoo.com logoSUN COMMUNITIES INC Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - March 17 at 8:05 PM
americanbankingnews.com logoSun Communities Inc (SUI) Upgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - March 14 at 9:27 PM
americanbankingnews.com logoEvercore ISI Downgrades Sun Communities Inc (SUI) to Hold
www.americanbankingnews.com - March 12 at 4:30 PM
biz.yahoo.com logoSUN COMMUNITIES INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors or Principal
biz.yahoo.com - March 8 at 8:27 PM
finance.yahoo.com logoSun Communities, Inc. to Present at the 2017 Citi Global Property CEO Conference
finance.yahoo.com - March 6 at 12:19 PM
us.rd.yahoo.com logoSun Communities, Inc. Declares First Quarter 2017 Dividends
us.rd.yahoo.com - March 3 at 8:03 PM
us.rd.yahoo.com logo6:39 am Sun Communities increases quarterly dividend to $0.67/share from $0.65/share
us.rd.yahoo.com - March 3 at 8:03 PM
seekingalpha.com logoSun Communities (SUI) Presents at 20th Annual Real Estate Securities Conference
seekingalpha.com - March 1 at 10:54 PM
finance.yahoo.com logoSUN COMMUNITIES INC Financials
finance.yahoo.com - March 1 at 10:54 PM
biz.yahoo.com logoSUN COMMUNITIES INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - March 1 at 9:42 AM
finance.yahoo.com logoSun Communities downgraded by Citigroup
finance.yahoo.com - February 27 at 4:51 PM
finance.yahoo.com logoEdited Transcript of SUI earnings conference call or presentation 23-Feb-17 4:00pm GMT
finance.yahoo.com - February 24 at 9:32 AM
finanznachrichten.de logoSun Communities Issues Q1 & FY17 Earnings Guidance
www.finanznachrichten.de - February 23 at 8:19 PM
nasdaq.com logoSun Communities Inc. Q4 Income Rises 41%
www.nasdaq.com - February 23 at 8:19 PM
us.rd.yahoo.com logoSun Communities, Inc. Reports 2016 Fourth Quarter Results
us.rd.yahoo.com - February 23 at 8:19 PM
biz.yahoo.com logoQ4 2016 Sun Communities Inc Earnings Release - Before Market Open
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
us.rd.yahoo.com - February 23 at 8:19 PM
biz.yahoo.com logoSun Communities Inc Earnings Call scheduled for 11:00 am ET today
biz.yahoo.com - February 23 at 8:19 PM
finance.yahoo.com logoSUN COMMUNITIES, INC. (SUI) ANNOUNCES DISTRIBUTION INCREASE
finance.yahoo.com - February 16 at 7:51 PM
finance.yahoo.com logoSUN COMMUNITIES, INC. (SUI) ANNOUNCES DISTRIBUTION INCREASE
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
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
finance.yahoo.com - February 16 at 7:51 PM

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Chart

Sun Communities (SUI) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff