S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
A Bio-Tech Stock That Has Been Growing Like Crazy! (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
A Bio-Tech Stock That Has Been Growing Like Crazy! (Ad)
Rishi Sunak needs to rally his flagging Conservatives. He hopes a dash of populism will do the trick
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
The World's First "$20 Trillion Drug (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Grant program for Black women entrepreneurs blocked by federal appeals court
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
A Bio-Tech Stock That Has Been Growing Like Crazy! (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
A Bio-Tech Stock That Has Been Growing Like Crazy! (Ad)
Rishi Sunak needs to rally his flagging Conservatives. He hopes a dash of populism will do the trick
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
The World's First "$20 Trillion Drug (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Grant program for Black women entrepreneurs blocked by federal appeals court
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
A Bio-Tech Stock That Has Been Growing Like Crazy! (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
A Bio-Tech Stock That Has Been Growing Like Crazy! (Ad)
Rishi Sunak needs to rally his flagging Conservatives. He hopes a dash of populism will do the trick
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
The World's First "$20 Trillion Drug (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Grant program for Black women entrepreneurs blocked by federal appeals court
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
A Bio-Tech Stock That Has Been Growing Like Crazy! (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
A Bio-Tech Stock That Has Been Growing Like Crazy! (Ad)
Rishi Sunak needs to rally his flagging Conservatives. He hopes a dash of populism will do the trick
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
The World's First "$20 Trillion Drug (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Grant program for Black women entrepreneurs blocked by federal appeals court

Sun Communities (SUI) Stock Forecast, Price & News

$118.34
-0.05 (-0.04%)
(As of 09/29/2023 ET)
Compare
Today's Range
$117.20
$121.29
50-Day Range
$118.34
$141.17
52-Week Range
$117.20
$163.83
Volume
950,431 shs
Average Volume
685,866 shs
Market Capitalization
$14.72 billion
P/E Ratio
64.32
Dividend Yield
3.14%
Price Target
$153.44

Sun Communities MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
29.7% Upside
$153.44 Price Target
Short Interest
Healthy
1.49% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.80
Upright™ Environmental Score
News Sentiment
1.10mentions of Sun Communities in the last 14 days
Based on 7 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.

3.10 out of 5 stars

Finance Sector

53rd out of 865 stocks

Real Estate Investment Trusts Industry

6th out of 179 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

Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
What 5 Analyst Ratings Have To Say About Sun Communities
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Manufactured Housing: The Sun Will Rise Again
Should You Exit Sun Communities (SUI)?
Sun Communities (SUI) Receives a Buy from JMP Securities
See 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.

SUI Company Calendar

Ex-Dividend for 7/17 Dividend
6/29/2023
Dividend Payable
7/17/2023
Last Earnings
7/26/2023
Ex-Dividend for 10/16 Dividend
9/28/2023
Today
10/01/2023
Dividend Payable
10/16/2023
Next Earnings (Confirmed)
10/25/2023
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
+29.7%
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
$14.72 billion
Optionable
Optionable
Beta
0.71

Social Links

The Best High-Yield Dividend Stocks for 2023 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report

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 analysts have issued "buy," "hold," and "sell" ratings for Sun Communities in the last year. There are currently 1 hold rating and 7 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 forecast for 2023?

8 analysts 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 stock price to reach $153.44 in the next twelve months. This suggests a possible upside of 29.7% 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 start of the year. Since then, SUI stock has decreased by 17.2% and is now trading at $118.34.
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, October 25th 2023.
View our SUI earnings forecast
.

How can I listen to Sun Communities' earnings call?

Sun Communities will be holding an earnings conference call on Thursday, October 26th 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 "13739128".

How were Sun Communities' earnings last quarter?

Sun Communities, Inc. (NYSE:SUI) posted its earnings results on Wednesday, July, 26th. The real estate investment trust reported $0.72 earnings per share (EPS) 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 analysts' expectations of $834.99 million. Sun Communities had a trailing twelve-month return on equity of 2.80% and a net margin of 7.27%. The company's quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the firm earned $2.02 EPS.

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 dividend on an annualized basis and a dividend yield of 3.14%. 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 3.14%. 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 EPS 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."

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 $118.34.

How much money does Sun Communities make?

Sun Communities (NYSE:SUI) has a market capitalization of $14.72 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 10/1/2023 by MarketBeat.com Staff

My Account -