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High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
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After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
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Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people

Sun Communities (SUI) Stock Forecast, Price & News

$121.77
-2.31 (-1.86%)
(As of 09/22/2023 ET)
Compare
Today's Range
$121.76
$125.26
50-Day Range
$118.91
$141.17
52-Week Range
$117.63
$163.83
Volume
711,407 shs
Average Volume
662,229 shs
Market Capitalization
$15.15 billion
P/E Ratio
66.18
Dividend Yield
3.05%
Price Target
$153.44

Sun Communities MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
26.0% Upside
$153.44 Price Target
Short Interest
Healthy
1.48% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.80
Upright™ Environmental Score
News Sentiment
0.13mentions of Sun Communities in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$614,792 Sold Last Quarter
Proj. Earnings Growth
4.63%
From $7.12 to $7.45 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.16 out of 5 stars

Finance Sector

72nd out of 845 stocks

Real Estate Investment Trusts Industry

9th out of 183 stocks


SUI stock logo

About Sun Communities (NYSE:SUI) Stock

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 June 30, 2023, the Company owned, operated, or had an interest in a portfolio of 671 developed MH, RV and Marina properties comprising approximately 180,060 developed sites and approximately 48,180 wet slips and dry storage spaces in the U.S., the UK and Canada.

SUI Price History

SUI Stock News Headlines

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There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
What 5 Analyst Ratings Have To Say About Sun Communities
Manufactured Housing: The Sun Will Rise Again
This Stock Could Go Up 66% or More.
Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023.  Click here to get his latest buy.  More here.
Should You Exit Sun Communities (SUI)?
Sun Communities (SUI) Receives a Buy from JMP Securities
See More Headlines
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SUI Company Calendar

Ex-Dividend for 7/17 Dividend
6/29/2023
Dividend Payable
7/17/2023
Last Earnings
7/26/2023
Today
9/24/2023
Ex-Dividend for 10/16 Dividend
9/28/2023
Dividend Payable
10/16/2023
Next Earnings (Estimated)
10/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Residential REITs
Sector
Finance
CUSIP
86667410
Employees
7,594
Year Founded
1993

Price Target and Rating

Average Stock Price Forecast
$153.44
High Stock Price Forecast
$168.00
Low Stock Price Forecast
$143.00
Forecasted Upside/Downside
+26.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$253 million
Pretax Margin
8.43%

Debt

Sales & Book Value

Annual Sales
$2.97 billion
Cash Flow
$6.63 per share
Book Value
$65.31 per share

Miscellaneous

Free Float
121,856,000
Market Cap
$15.15 billion
Optionable
Optionable
Beta
0.71

Social Links

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Key Executives

  • Mr. Gary A. ShiffmanMr. Gary A. Shiffman (Age 69)
    Chairman, Pres & CEO
    Comp: $2.57M
  • Mr. Fernando Castro-Caratini (Age 39)
    Exec. VP, CFO, Treasurer & Sec.
    Comp: $1.15M
  • Mr. Bruce D. ThelenMr. Bruce D. Thelen (Age 37)
    Exec. VP & COO
    Comp: $1.03M
  • Ms. Karen J. DearingMs. Karen J. Dearing (Age 58)
    Exec. VP of Special Projects
    Comp: $1.32M
  • Mr. Aaron Weiss (Age 46)
    Exec. VP of Corp. Strategy & Bus. Devel.
    Comp: $1.35M
  • Mr. John Bandini McLaren (Age 52)
    Strategic Advisor of Residential Communities
    Comp: $1.89M
  • Mr. Marc FarrugiaMr. Marc Farrugia (Age 38)
    Exec. VP & Chief Admin. Officer
  • Mr. Baxter R. UnderwoodMr. Baxter R. Underwood (Age 44)
    Chief Exec. Officer of Safe Harbor Marinas, LLC













SUI Stock - Frequently Asked Questions

Should I buy or sell Sun Communities stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sun Communities in the last twelve months. There are currently 1 hold rating and 7 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 forecast for 2023?

8 brokerages have issued twelve-month price targets for Sun Communities' stock. Their SUI share price forecasts range from $143.00 to $168.00. On average, they predict the company's share price to reach $153.44 in the next twelve months. This suggests a possible upside of 26.0% 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 shares have decreased by 14.8% and is now trading at $121.77.
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 Monday, October 23rd 2023.
View our SUI earnings forecast
.

How were Sun Communities' earnings last quarter?

Sun Communities, Inc. (NYSE:SUI) released its quarterly earnings data 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 analyst estimates of $834.99 million. Sun Communities had a net margin of 7.27% and a trailing twelve-month return on equity of 2.80%. The business's revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period last year, the firm posted $2.02 earnings per share.

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

Sun Communities declared a quarterly dividend on Thursday, August 17th. Stockholders of record on Friday, September 29th will be given a dividend of $0.93 per share on Monday, October 16th. This represents a $3.72 annualized dividend and a yield of 3.05%. The ex-dividend date is Thursday, September 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 3.05%. 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 202.17%. 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 49.93% 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 third quarter 2023 earnings guidance on Wednesday, July, 26th. The company provided earnings per share guidance of $2.49-$2.56 for the period, compared to the consensus EPS estimate of $2.60. 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 many different retail and institutional investors. Top institutional investors include Cohen & Steers Inc. (10.18%), BlackRock Inc. (8.86%), State Street Corp (4.73%), Principal Financial Group Inc. (3.57%), Daiwa Securities Group Inc. (1.97%) and Geode Capital Management LLC (1.68%). 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.

What is Sun Communities' stock price today?

One share of SUI stock can currently be purchased for approximately $121.77.

How much money does Sun Communities make?

Sun Communities (NYSE:SUI) has a market capitalization of $15.15 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 $1.84 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 9/24/2023 by MarketBeat.com Staff

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