Sun Communities Stock Price, News & Analysis (NYSE:SUI) $127.18 -2.21 (-1.71%) (As of 02:26 PM ET) Add Compare Share Share Today's Range$126.94▼$129.0450-Day Range$102.97▼$132.6752-Week Range$102.74▼$163.83Volume259,549 shsAverage Volume725,962 shsMarket Capitalization$15.83 billionP/E Ratio69.50Dividend Yield2.92%Price Target$141.36 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Sun Communities MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside11.1% Upside$141.36 Price TargetShort InterestHealthy1.49% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.39Upright™ Environmental ScoreNews Sentiment1.10Based on 9 Articles This WeekInsider TradingSelling Shares$257,980 Sold Last QuarterProj. Earnings Growth3.67%From $7.09 to $7.35 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.2.63 out of 5 starsFinance Sector246th out of 689 stocksReal Estate Investment Trusts Industry55th out of 144 stocks 3.3 Analyst's Opinion Consensus RatingSun Communities has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $141.36, Sun Communities has a forecasted upside of 11.1% from its current price of $127.28.Amount of Analyst CoverageSun Communities has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.49% 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 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sun Communities has recently increased by 1.64%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldSun Communities pays a meaningful dividend of 2.80%, 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 203.28%. 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 50.61% next year. This indicates that Sun Communities will be able to sustain or increase its dividend. Previous Next 3.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSun Communities has received a 28.12% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which 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 -2.39. Previous Next 2.8 News and Social Media Coverage News SentimentSun Communities has a news sentiment score of 1.10. 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 0.57 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Sun Communities this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for SUI on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Sun Communities to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sun Communities insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $257,980.00 in company stock.Percentage Held by InsidersOnly 2.06% of the stock of Sun Communities is held by insiders.Percentage Held by Institutions94.79% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Sun Communities are expected to grow by 3.67% in the coming year, from $7.09 to $7.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sun Communities is 69.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Sun Communities is 69.55, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 54.12.Price to Earnings Growth RatioSun Communities has a PEG Ratio of 6.20. 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 1.95. 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 Stock (NYSE:SUI)Established in 1975, Sun Communities, Inc. became a publicly owned corporation in December 1993. The Company is a fully integrated REIT listed on the New York Stock Exchange under the symbol: SUI. As of September 30, 2023, the Company owned, operated, or had an interest in a portfolio of 670 developed MH, RV and Marina properties comprising approximately 180,170 developed sites and approximately 48,030 wet slips and dry storage spaces in the U.S., the UK and Canada.Read More SUI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SUI Stock News HeadlinesDecember 5, 2023 | americanbankingnews.comSun Communities, Inc. (NYSE:SUI) CEO Baxter Underwood Sells 2,000 SharesDecember 1, 2023 | finance.yahoo.comSun Communities, Inc. Declares Fourth Quarter 2023 DistributionDecember 8, 2023 | Financial Alphas (Ad)Countries Are Investing Heavily Into Securing Energy IndependenceThere's a worldwide "arms race" for countries to secure lithium - the critical metal essential to powering the world's green energy transition. While the U.S. is now investing heavily into lithium production, the North American supply chain has fallen far behind. One company is on a mission to change that and make a previously remote area the next great lithium mining hub.November 29, 2023 | americanbankingnews.comFinancial Comparison: Sun Communities (NYSE:SUI) vs. Killam Apartment REIT (OTCMKTS:KMMPF)November 28, 2023 | americanbankingnews.comSun Communities (NYSE:SUI) Price Target Raised to $132.00 at Evercore ISINovember 7, 2023 | seekingalpha.comSun Communities: Attractive Growth, But Valuation Creates A RiskOctober 28, 2023 | msn.comCompass Point Maintains Sun Communities (SUI) Neutral RecommendationOctober 27, 2023 | finance.yahoo.comSun Communities, Inc. (NYSE:SUI) Q3 2023 Earnings Call TranscriptDecember 8, 2023 | Financial Alphas (Ad)Countries Are Investing Heavily Into Securing Energy IndependenceThere's a worldwide "arms race" for countries to secure lithium - the critical metal essential to powering the world's green energy transition. While the U.S. is now investing heavily into lithium production, the North American supply chain has fallen far behind. One company is on a mission to change that and make a previously remote area the next great lithium mining hub.October 27, 2023 | finance.yahoo.comQ3 2023 Sun Communities Inc Earnings CallOctober 26, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: VICI Properties (VICI) and Sun Communities (SUI)October 26, 2023 | finance.yahoo.comWhy Sun Communities Stock Was a Light in the Darkness TodayOctober 26, 2023 | markets.businessinsider.comAnalyzing Factors Influencing Buy Rating for Sun Communities Despite UK Business ConcernsOctober 25, 2023 | finance.yahoo.comSun Communities Inc (SUI) Reports Q3 2023 Earnings and Year-to-Date ResultsOctober 25, 2023 | finance.yahoo.comSun Communities (SUI) Beats Q3 FFO and Revenue EstimatesOctober 25, 2023 | finance.yahoo.comSun Communities, Inc. Reports 2023 Third Quarter and Year-to-Date ResultsOctober 24, 2023 | benzinga.comSun Communities's Earnings OutlookOctober 23, 2023 | markets.businessinsider.com5 Analysts Have This to Say About Sun CommunitiesOctober 17, 2023 | seekingalpha.comSun Communities: UK Woes Present Opportunity For Long-Term InvestorsOctober 12, 2023 | benzinga.comSun Communities Sheds Stake In Autralian Real Estate Firm For Minimum Net Proceeds Of $100MOctober 12, 2023 | finance.yahoo.comSUN COMMUNITIES, INC. ANNOUNCES PLANNED DISPOSITION OF STAKE IN INGENIAOctober 10, 2023 | finance.yahoo.comThe Sun Communities (SUI) Dilemma: Understanding the Risks of a Possible Value TrapOctober 2, 2023 | msn.comSun Communities cut to Neutral at BofA on UK headwinds, operational risksOctober 2, 2023 | marketwatch.com: Sun Communities downgraded to neutral from buy at BofA SecuritiesSeptember 28, 2023 | finance.yahoo.comUnveiling Sun Communities Inc's Dividend Performance: A Deep DiveSeptember 25, 2023 | finance.yahoo.comSun Communities, Inc. Announces Dates for Third Quarter 2023 Earnings Release and Conference CallSeptember 11, 2023 | benzinga.comSun Communities, Inc. to Present at Bank of America's 2023 Global Real Estate ConferenceSee More Headlines 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 Company Calendar Last Earnings7/26/2023Ex-Dividend for 10/16 Dividend9/28/2023Dividend Payable10/16/2023Today12/08/2023Ex-Dividend for 1/16 Dividend12/28/2023Fiscal Year End12/31/2023Dividend Payable1/16/2024Next Earnings (Estimated)2/28/2024Get 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 Target$141.36 High Stock Price Target$168.00 Low Stock Price Target$116.00 Potential Upside/Downside+11.0%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.83 Trailing P/E Ratio69.59 Forward P/E Ratio17.96 P/E Growth6.2Net Income$253 million Net Margins7.17% Pretax Margin8.86% Return on Equity2.81% Return on Assets1.31% Debt Debt-to-Equity Ratio0.94 Current Ratio2.65 Quick Ratio2.65 Sales & Book Value Annual Sales$2.97 billion Price / Sales5.34 Cash Flow$6.36 per share Price / Cash Flow20.02 Book Value$65.31 per share Price / Book1.95Miscellaneous Outstanding Shares124,440,000Free Float121,881,000Market Cap$15.85 billion OptionableOptionable Beta0.77 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Gary A. Shiffman (Age 69)Chairman, President & CEO Comp: $2.57MMr. Fernando Castro-Caratini (Age 39)Executive VP, CFO, Treasurer & Secretary Comp: $1.15MMr. Bruce D. Thelen (Age 37)Executive VP & COO Comp: $1.03MMr. Aaron Weiss (Age 46)Executive Vice President of Corporate Strategy & Business Development Comp: $1.35MMr. John Bandini McLaren (Age 52)Strategic Advisor of Residential Communities Comp: $1.89MMr. Marc Farrugia (Age 38)Executive VP & Chief Administrative Officer Mr. Baxter R. Underwood (Age 44)Chief Executive Officer of Safe Harbor Marinas, LLC Comp: $345.1kMore ExecutivesKey CompetitorsMid-America Apartment CommunitiesNYSE:MAAEssex Property TrustNYSE:ESSEquity LifeStyle PropertiesNYSE:ELSUDRNYSE:UDREquity ResidentialNYSE:EQRView All CompetitorsInsiders & InstitutionsDigitalBridge Group Inc.Bought 3,786 shares on 12/6/2023Ownership: 0.074%Wellington Management Group LLPSold 650,538 shares on 12/1/2023Ownership: 0.621%B. Riley Wealth Advisors Inc.Bought 1,752 shares on 12/1/2023Ownership: 0.001%American Century Companies Inc.Sold 1,192,250 shares on 11/30/2023Ownership: 0.102%Baxter UnderwoodSold 2,000 sharesTotal: $257,980.00 ($128.99/share)View All Insider TransactionsView All Institutional Transactions SUI Stock Analysis - Frequently Asked Questions Should I buy or sell Sun Communities stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sun Communities in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SUI shares. View SUI analyst ratings or view top-rated stocks. What is Sun Communities' stock price target for 2024? 9 Wall Street analysts have issued 1 year price targets for Sun Communities' stock. Their SUI share price targets range from $116.00 to $168.00. On average, they predict the company's stock price to reach $141.36 in the next twelve months. This suggests a possible upside of 11.1% 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 2023. Since then, SUI stock has decreased by 11.0% and is now trading at $127.28. View the best growth stocks for 2023 here. When is Sun Communities' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024. View our SUI earnings forecast. How were Sun Communities' earnings last quarter? Sun Communities, Inc. (NYSE:SUI) released its quarterly earnings results on Wednesday, July, 26th. The real estate investment trust reported $0.72 earnings per share for the quarter, missing analysts' consensus estimates of $1.95 by $1.23. The real estate investment trust had revenue of $863.50 million for the quarter, compared to analysts' expectations of $834.99 million. Sun Communities had a net margin of 7.17% and a trailing twelve-month return on equity of 2.81%. The company's revenue for the quarter was up 6.0% on a year-over-year basis. During the same period last year, the company earned $2.02 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 Friday, December 1st. Shareholders of record on Friday, December 29th will be given a dividend of $0.93 per share on Tuesday, January 16th. This represents a $3.72 annualized dividend and a dividend yield of 2.92%. The ex-dividend date of this dividend is Thursday, December 28th. Read our dividend analysis for SUI. 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 2.80%. 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 203.28%. 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 50.61% next year. This indicates that the company will be able to sustain or increase its dividend. 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), Nuveen Short-Term REIT ETF (NURE), Residential REIT ETF (HAUS), iShares Residential and Multisector Real Estate ETF (REZ), JPMorgan Realty Income ETF (JPRE), ALPS Active REIT ETF (REIT) and Invesco Real Assets ESG ETF (IVRA). What guidance has Sun Communities issued on next quarter's earnings? Sun Communities issued an update on its FY23 earnings guidance on Wednesday, October, 25th. The company provided earnings per share (EPS) guidance of $7.05-7.13 for the period, compared to the consensus earnings per share estimate of $7.08. 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). Who are Sun Communities' major shareholders? Sun Communities' stock is owned by a number of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (5.28%), Principal Financial Group Inc. (3.64%), Invesco Ltd. (2.08%), Daiwa Securities Group Inc. (2.06%), FMR LLC (1.93%) and Massachusetts Financial Services Co. MA (1.86%). Insiders that own company stock include Baxter Underwood, Bruce Thelen, Clunet R Lewis, Gary A Shiffman, Gary A Shiffman, John Bandini Mclaren, Karen Dearing, Marc Farrugia 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. This page (NYSE:SUI) was last updated on 12/8/2023 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. 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