Top-Rated Dividend StocksTop-Rated DividendNYSE:SUI Sun Communities (SUI) Stock Forecast, Price & News $121.77 -2.31 (-1.86%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$121.76▼$125.2650-Day Range$118.91▼$141.1752-Week Range$117.63▼$163.83Volume711,407 shsAverage Volume662,229 shsMarket Capitalization$15.15 billionP/E Ratio66.18Dividend Yield3.05%Price Target$153.44 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Sun Communities MarketRank™ ForecastAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside26.0% Upside$153.44 Price TargetShort InterestHealthy1.48% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.80Upright™ Environmental ScoreNews Sentiment0.13Based on 4 Articles This WeekInsider TradingSelling Shares$614,792 Sold Last QuarterProj. Earnings Growth4.63%From $7.12 to $7.45 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.3.16 out of 5 starsFinance Sector72nd out of 845 stocksReal Estate Investment Trusts Industry9th out of 183 stocks 4.4 Analyst's Opinion Consensus RatingSun Communities has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $153.44, Sun Communities has a forecasted upside of 26.0% from its current price of $121.77.Amount of Analyst CoverageSun Communities has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.48% 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 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sun Communities has recently decreased by 2.65%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldSun Communities pays a meaningful dividend of 3.05%, 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 202.17%. 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 49.93% 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 26.81% 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 -2.80. Previous Next 1.7 News and Social Media Coverage News SentimentSun Communities has a news sentiment score of 0.13. 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 lower news sentiment than the 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Sun Communities this week, compared to 4 articles on an average week.Search Interest1 people have searched for SUI on MarketBeat in the last 30 days. MarketBeat FollowsOnly 3 people have added Sun Communities to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sun Communities insiders have sold 824.36% more of their company's stock than they have bought. Specifically, they have bought $66,510.00 in company stock and sold $614,792.00 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Sun Communities are expected to grow by 4.63% in the coming year, from $7.12 to $7.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sun Communities is 66.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Sun Communities is 66.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 66.21.Price to Earnings Growth RatioSun Communities has a PEG Ratio of 3.41. 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 1.86. 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 (NYSE:SUI) StockEstablished 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.Read More SUI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SUI Stock News HeadlinesSeptember 20, 2023 | americanbankingnews.comSun Communities (NYSE:SUI) Price Target Lowered to $157.00 at BarclaysSeptember 11, 2023 | benzinga.comSun Communities, Inc. to Present at Bank of America's 2023 Global Real Estate ConferenceSeptember 24, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere'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.September 11, 2023 | finance.yahoo.comSun Communities, Inc. to Present at Bank of America’s 2023 Global Real Estate ConferenceSeptember 11, 2023 | markets.businessinsider.comWhat 5 Analyst Ratings Have To Say About Sun CommunitiesAugust 25, 2023 | seekingalpha.comManufactured Housing: The Sun Will Rise AgainAugust 19, 2023 | msn.comSun Communities: A 'Buy" For The First Time In Almost A YearAugust 17, 2023 | markets.businessinsider.comTruist Securities Maintains Buy Rating for Sun Communities: Here's What You Need To KnowSeptember 24, 2023 | Chaikin Analytics (Ad)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.August 17, 2023 | finance.yahoo.comSun Communities, Inc. Declares Third Quarter 2023 DistributionAugust 16, 2023 | msn.comJMP Securities Maintains Sun Communities (SUI) Outperform RecommendationAugust 15, 2023 | markets.businessinsider.comSun Communities Bears The Brunt Of Lower Home Sales In UK Amid Macro Woes: AnalystJuly 31, 2023 | finance.yahoo.comWhat Makes Sun Communities (SUI) the Best Investment Opportunity?July 27, 2023 | finanznachrichten.deSun Communities, Inc. Reports 2023 Second Quarter and Year-to-Date ResultsJuly 12, 2023 | msn.comWolfe Research Upgrades Sun Communities (SUI)June 27, 2023 | finance.yahoo.comShould You Exit Sun Communities (SUI)?June 18, 2023 | finance.yahoo.comHere's How UMH Properties Can Afford Its 5% Dividend YieldJune 14, 2023 | markets.businessinsider.comSun Communities (SUI) Receives a Buy from JMP SecuritiesJune 9, 2023 | msn.comTruist Securities Maintains Sun Communities (SUI) Buy RecommendationJune 7, 2023 | msn.comSun Communities declares $0.93 dividendJune 6, 2023 | finance.yahoo.comSun Communities, Inc. Declares Second Quarter 2023 DistributionJune 1, 2023 | benzinga.comSun Communities, Inc. to Present at Nareit's REITweek: 2023 Investor ConferenceJune 1, 2023 | finance.yahoo.comSun Communities, Inc. to Present at Nareit’s REITweek: 2023 Investor ConferenceJune 1, 2023 | msn.comSun Communities: Solid Company In A Market With Growing DemandMay 30, 2023 | msn.comAnalyst Expectations for Sun Communities's FutureMay 19, 2023 | finance.yahoo.com3 Off-the-Beaten-Path Dividend Stocks to Buy for Passive IncomeMay 18, 2023 | msn.comBaird Maintains Sun Communities (SUI) Outperform RecommendationSee 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 SUI Company Calendar Ex-Dividend for 7/17 Dividend6/29/2023Dividend Payable7/17/2023Last Earnings7/26/2023Today9/24/2023Ex-Dividend for 10/16 Dividend9/28/2023Dividend Payable10/16/2023Next Earnings (Estimated)10/23/2023Fiscal Year End12/31/2023Get 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 Forecast$153.44 High Stock Price Forecast$168.00 Low Stock Price Forecast$143.00 Forecasted Upside/Downside+26.0%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.84 Trailing P/E Ratio66.18 Forward P/E Ratio17.10 P/E Growth3.41Net Income$253 million Net Margins7.27% Pretax Margin8.43% Return on Equity2.80% Return on Assets1.33% Debt Debt-to-Equity Ratio0.94 Current Ratio2.58 Quick Ratio2.58 Sales & Book Value Annual Sales$2.97 billion Price / Sales5.10 Cash Flow$6.63 per share Price / Cash Flow18.37 Book Value$65.31 per share Price / Book1.86Miscellaneous Outstanding Shares124,420,000Free Float121,856,000Market Cap$15.15 billion OptionableOptionable Beta0.71 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Gary A. Shiffman (Age 69)Chairman, Pres & CEO Comp: $2.57MMr. Fernando Castro-Caratini (Age 39)Exec. VP, CFO, Treasurer & Sec. Comp: $1.15MMr. Bruce D. Thelen (Age 37)Exec. VP & COO Comp: $1.03MMs. Karen J. Dearing (Age 58)Exec. VP of Special Projects Comp: $1.32MMr. Aaron Weiss (Age 46)Exec. VP of Corp. Strategy & Bus. Devel. Comp: $1.35MMr. John Bandini McLaren (Age 52)Strategic Advisor of Residential Communities Comp: $1.89MMr. Marc Farrugia (Age 38)Exec. VP & Chief Admin. Officer Mr. Baxter R. Underwood (Age 44)Chief Exec. Officer of Safe Harbor Marinas, LLC More ExecutivesKey CompetitorsMid-America Apartment CommunitiesNYSE:MAAEssex Property TrustNYSE:ESSUDRNYSE:UDREquity LifeStyle PropertiesNYSE:ELSCamden Property TrustNYSE:CPTView All CompetitorsInsiders & InstitutionsPortside Wealth Group LLCBought 2,105 shares on 9/1/2023Ownership: 0.002%Marc FarrugiaSold 4,962 sharesTotal: $614,791.80 ($123.90/share)Alberta Investment Management CorpSold 1,075 shares on 8/24/2023Ownership: 0.059%Wolverine Trading LLCBought 2,500 shares on 8/23/2023Ownership: 0.000%Baxter UnderwoodBought 400 shares on 8/22/2023Total: $47,972.00 ($119.93/share)View All Insider TransactionsView All Institutional Transactions 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. 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). 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 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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