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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Closing prices for crude oil, gold and other commodities
Prologis Stock Leading U.S. Logistics Boom
Predicting a Bear Market: 7 Signs and Why it's Tough to Do
United Airlines Soars on Earnings Beat
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Closing prices for crude oil, gold and other commodities
Prologis Stock Leading U.S. Logistics Boom
Predicting a Bear Market: 7 Signs and Why it's Tough to Do
United Airlines Soars on Earnings Beat
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Closing prices for crude oil, gold and other commodities
Prologis Stock Leading U.S. Logistics Boom
Predicting a Bear Market: 7 Signs and Why it's Tough to Do
United Airlines Soars on Earnings Beat
NYSE:SUI

Sun Communities (SUI) Stock Price, News & Analysis

$118.38
-0.09 (-0.08%)
(As of 04/17/2024 ET)
Today's Range
$118.00
$119.99
50-Day Range
$118.38
$133.91
52-Week Range
$102.74
$141.52
Volume
440,471 shs
Average Volume
550,369 shs
Market Capitalization
$14.75 billion
P/E Ratio
103.84
Dividend Yield
3.18%
Price Target
$141.17

Sun Communities MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
19.2% Upside
$141.17 Price Target
Short Interest
Healthy
1.16% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.58
Upright™ Environmental Score
News Sentiment
1.28mentions of Sun Communities in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$912,460 Sold Last Quarter
Proj. Earnings Growth
6.88%
From $7.12 to $7.61 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.72 out of 5 stars

Finance Sector

106th out of 821 stocks

Real Estate Investment Trusts Industry

13th out of 176 stocks

SUI stock logo

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 December 31, 2023, the Company owned, operated, or had an interest in a portfolio of 667 developed MH, RV and Marina properties comprising 179,310 developed sites and approximately 48,030 wet slips and dry storage spaces in the U.S., the UK and Canada.

SUI Stock Price History

SUI Stock News Headlines

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RBC Capital Remains a Buy on Sun Communities (SUI)
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Sun Communities, Inc. Releases 2023 ESG Report
JMP Securities Remains a Buy on Sun Communities (SUI)
SUI Apr 2024 120.000 put
SUI Mar 2024 110.000 put
Sun Communities: Wonderful Stock At A Decent Price
Sun Communities: Growth At A High Price
Sun Communities: Growth At A High Price
See More Headlines
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Company Calendar

Last Earnings
7/26/2023
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/17/2024
Next Earnings (Confirmed)
4/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Residential REITs
CUSIP
86667410
Employees
6,780
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$141.17
High Stock Price Target
$168.00
Low Stock Price Target
$123.00
Potential Upside/Downside
+19.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
10 Analysts

Profitability

Net Income
$-201,000,000.00
Pretax Margin
-3.41%

Debt

Sales & Book Value

Annual Sales
$3.22 billion
Cash Flow
$6.30 per share
Book Value
$59.74 per share

Miscellaneous

Free Float
122,286,000
Market Cap
$14.75 billion
Optionable
Optionable
Beta
0.80

Social Links

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SUI Stock Analysis - Frequently Asked Questions

Should I buy or sell Sun Communities stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sun Communities in the last twelve months. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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?

10 analysts have issued twelve-month target prices for Sun Communities' stock. Their SUI share price targets range from $123.00 to $168.00. On average, they expect the company's share price to reach $141.17 in the next twelve months. This suggests a possible upside of 19.2% 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 2024?

Sun Communities' stock was trading at $133.65 at the beginning of 2024. Since then, SUI stock has decreased by 11.4% and is now trading at $118.38.
View the best growth stocks for 2024 here
.

Are investors shorting Sun Communities?

Sun Communities saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 1,450,000 shares, a decline of 17.1% from the March 15th total of 1,750,000 shares. Based on an average daily volume of 855,600 shares, the days-to-cover ratio is currently 1.7 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 Monday, April 29th 2024.
View our SUI earnings forecast
.

How can I listen to Sun Communities' earnings call?

Sun Communities will be holding an earnings conference call on Tuesday, April 30th at 2:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13745022".

How were Sun Communities' earnings last quarter?

Sun Communities, Inc. (NYSE:SUI) announced its earnings results on Wednesday, July, 26th. The real estate investment trust reported $0.72 earnings per share for the quarter, missing the consensus estimate of $1.95 by $1.23. The real estate investment trust earned $863.50 million during the quarter, compared to analyst estimates of $834.99 million. Sun Communities had a trailing twelve-month return on equity of 1.79% and a net margin of 4.40%. The business's revenue was up 6.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.02 EPS.

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

Sun Communities announced a quarterly dividend on Friday, March 1st. Investors of record on Friday, March 29th will be given a dividend of $0.94 per share on Monday, April 15th. This represents a $3.76 annualized dividend and a yield of 3.18%. The ex-dividend date of this dividend is Wednesday, March 27th. This is an increase from the stock's previous quarterly dividend of $0.93.
Read our dividend analysis for SUI
.

Is Sun Communities a good dividend stock?

Sun Communities (NYSE:SUI) pays an annual dividend of $3.76 per share and currently has a dividend yield of 3.12%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 329.83%. 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 49.41% 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 issued an update on its FY24 earnings guidance on Friday, March, 1st. The company provided earnings per share guidance of $7.04-7.24 for the period, compared to the consensus estimate of $7.18.

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 many different institutional and retail investors. Top institutional shareholders include Hazelview Securities Inc. (0.10%), Vert Asset Management LLC (0.04%), Gateway Investment Advisers LLC (0.02%), Aurora Investment Managers LLC. (0.01%), First Hawaiian Bank (0.01%) and Wealth Enhancement Advisory Services LLC (0.01%). Insiders that own company stock include Baxter Underwood, Bruce Thelen, Clunet R Lewis, Craig Leupold, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SUI) was last updated on 4/18/2024 by MarketBeat.com Staff

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