Sun Communities, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company is a fully integrated real estate company, which, together with its affiliates and predecessors, has been in the business of acquiring, operating, developing, and expanding manufactured housing (MH) and recreational vehicle (RV). As of December 31, 2016, it owned and operated or had an interest in a portfolio of properties located throughout the United States and Ontario, Canada, including 226 MH communities, 87 RV communities, and 28 properties containing both MH and RV sites. The Company operates through two segments: Real Property Operations and Home Sales and Rentals. The Real Property Operations segment owns, operates, or has an interest in a portfolio, and develops MH communities and RV communities throughout the United States and is in the business of acquiring, operating, and expanding MH and RV communities.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Residential REITs
- Sub-Industry: Residential REITs
- Symbol: NYSE:SUI
- CUSIP: 86667410
- Web: www.suncommunities.com
- Market Cap: $7.03789 billion
- Outstanding Shares: 73,788,000
- 50 Day Moving Avg: $88.56
- 200 Day Moving Avg: $83.40
- 52 Week Range: $69.90 - $91.37
Sales & Book Value:
- Trailing P/E Ratio: 200.89
- Foreward P/E Ratio: 19.38
- P/E Growth: 27.45
- Annual Revenue: $890.02 million
- Price / Sales: 7.28
- Book Value: $31.12 per share
- Price / Book: 2.82
- Annual Dividend: $2.68
- Dividend Yield: 3.0%
- EBIDTA: $405.8 million
- Net Margins: 4.65%
- Return on Equity: 1.80%
- Return on Assets: 0.71%
- Debt-to-Equity Ratio: 1.31%
- Average Volume: 492,946 shs.
- Beta: 0.29
- Short Ratio: 1.56
Frequently Asked Questions for Sun Communities (NYSE:SUI)
What is Sun Communities' stock symbol?
Sun Communities trades on the New York Stock Exchange (NYSE) under the ticker symbol "SUI."
How often does Sun Communities pay dividends? What is the dividend yield for Sun Communities?
Sun Communities announced a quarterly dividend on Monday, May 22nd. Investors of record on Friday, June 30th will be given a dividend of $0.67 per share on Monday, July 17th. This represents a $2.68 annualized dividend and a dividend yield of 3.05%. The ex-dividend date is Wednesday, June 28th. View Sun Communities' Dividend History.
How were Sun Communities' earnings last quarter?
Sun Communities, Inc. (NYSE:SUI) announced its quarterly earnings data on Thursday, April, 27th. The company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.03. The business had revenue of $234.40 million for the quarter, compared to analysts' expectations of $194.89 million. Sun Communities had a return on equity of 1.80% and a net margin of 4.65%. The company's quarterly revenue was up 34.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.90 EPS. View Sun Communities' Earnings History.
When will Sun Communities make its next earnings announcement?
What guidance has Sun Communities issued on next quarter's earnings?
Sun Communities issued an update on its FY17 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $4.16-4.24 for the period, compared to the Thomson Reuters consensus estimate of $4.23. Sun Communities also updated its Q2 guidance to $0.93-0.95 EPS.
Where is Sun Communities' stock going? Where will Sun Communities' stock price be in 2017?
5 analysts have issued 12-month price targets for Sun Communities' stock. Their forecasts range from $82.00 to $93.00. On average, they anticipate Sun Communities' stock price to reach $87.80 in the next year. View Analyst Ratings for Sun Communities.
Who are some of Sun Communities' key competitors?
Some companies that are related to Sun Communities include Mid-America Apartment Communities (MAA), United Dominion Realty Trust (UDR), Camden Property Trust (CPT), Equity Lifestyle Properties (ELS), Apartment Investment and Management Company (AIV), American Campus Communities (ACC), American Homes 4 Rent (AMH), Colony Starwood Homes (SFR), Two Harbors Investments Corp (TWO), Education Realty Trust (EDR), Monogram Residential Trust (MORE), Associated Estates Realty (AEC), ARMOUR Residential REIT (ARR), New Senior Investment Group (SNR), Altisource Residential Corporation (RESI), UMH Properties (UMH), Campus Crest Communities (CCG) and NexPoint Residential Trust (NXRT).
Who are Sun Communities' key executives?
Sun Communities' management team includes the folowing people:
- Gary A. Shiffman, Chairman of the Board, Chief Executive Officer
- John Bandini McLaren, President, Chief Operating Officer
- Karen J. Dearing, Chief Financial Officer, Executive Vice President, Treasurer, Secretary
- Jonathan M. Colman, Executive Vice President
- Clunet R. Lewis, Lead Independent Director
- Arthur A. Weiss, Director
- Stephanie W. Bergeron, Independent Director
- Brian M. Hermelin, Independent Director
- Ronald A. Klein, Independent Director
Who owns Sun Communities stock?
Sun Communities' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include GW&K Investment Management LLC (0.93%), Russell Investments Group Ltd. (0.64%), Main Street Research LLC (0.21%), Boston Advisors LLC (0.19%), Adams Asset Advisors LLC (0.18%) and Bank of Montreal Can (0.16%). Company insiders that own Sun Communities stock include Clunet R Lewis, Gary A Shiffman, John Bandini Mclaren, Jonathan Colman, Paul D Lapides and Stephanie W Bergeron. View Institutional Ownership Trends for Sun Communities.
Who sold Sun Communities stock? Who is selling Sun Communities stock?
Sun Communities' stock was sold by a variety of institutional investors in the last quarter, including Adams Asset Advisors LLC, Maple Capital Management Inc., Bank of Montreal Can, Manning & Napier Advisors LLC, Parkwood LLC, Wagner Bowman Management Corp, Douglas Lane & Associates LLC and Well Done LLC. Company insiders that have sold Sun Communities stock in the last year include Clunet R Lewis, John Bandini Mclaren, Jonathan Colman and Stephanie W Bergeron. View Insider Buying and Selling for Sun Communities.
Who bought Sun Communities stock? Who is buying Sun Communities stock?
Sun Communities' stock was bought by a variety of institutional investors in the last quarter, including Ranger Global Real Estate Advisors LLC, GW&K Investment Management LLC, Russell Investments Group Ltd., Forsta AP Fonden, Aperio Group LLC, Quantitative Systematic Strategies LLC, State of Alaska Department of Revenue and Main Street Research LLC. View Insider Buying and Selling for Sun Communities.
How do I buy Sun Communities stock?
Shares of Sun Communities can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Sun Communities' stock price today?
MarketBeat Community Rating for Sun Communities (NYSE SUI)MarketBeat's community ratings are surveys of what our community members think about Sun Communities and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Sun Communities stock can currently be purchased for approximately $87.79.
Consensus Ratings for Sun Communities (NYSE:SUI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.60)|
|Consensus Price Target: ||$87.80 (0.01% upside)|
Analysts' Ratings History for Sun Communities (NYSE:SUI)
(Data available from 7/26/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/16/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$92.00||Low|
|5/22/2017||Bank of America Corporation||Upgrade||Underperform -> Buy||$93.00||Medium|
|2/28/2017||Evercore ISI||Downgrade||Buy -> Hold||$81.00 -> $86.00||N/A|
|2/27/2017||Citigroup Inc.||Downgrade||Buy -> Neutral||$86.00||N/A|
|1/12/2017||BMO Capital Markets||Reiterated Rating||Buy||$82.00||N/A|
|3/30/2016||Robert W. Baird||Upgrade||Neutral -> Outperform||$67.00 -> $74.00||N/A|
Earnings History for Sun Communities (NYSE:SUI)Earnings History by Quarter for Sun Communities (NYSE SUI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/27/2017||Q1 2017||$1.07||$1.10||$194.89 million||$234.40 million||View||N/A|
|2/23/2017||Q416||$0.05||$0.91||$128.52 million||$218.60 million||View||Listen|
|11/1/2016||Q316||$1.10||$1.13||$146.83 million||$249.70 million||View||Listen|
|8/2/2016||Q216||$0.82||$0.85||$165.78 million||$140.00 million||View||Listen|
|4/26/2016||Q116||$0.89||$0.90||$124.36 million||$129.24 million||View||Listen|
|2/23/2016||Q415||$0.85||$0.81||$167.15 million||$168.20 million||View||Listen|
|10/27/2015||Q315||$1.05||$1.05||$173.38 million||$185.36 million||View||Listen|
|7/30/2015||Q215||$0.83||$0.87||$151.49 million||$165.90 million||View||Listen|
|4/23/2015||Q115||$0.86||$0.90||$137.61 million||$152.65 million||View||Listen|
|2/24/2015||Q414||$0.72||$0.69||$122.47 million||$119.70 million||View||Listen|
|10/30/2014||Q3||$0.92||$0.96||$111.80 million||$125.43 million||View||Listen|
|7/24/2014||Q214||$0.76||$0.78||$105.88 million||$115.40 million||View||Listen|
|4/30/2014||Q413||$0.89||$0.95||$110.28 million||$111.18 million||View||Listen|
|10/29/2013||Q313||$0.82||$0.82||$80.38 million||$107.20 million||View||Listen|
|7/25/2013||Q2 2013||$0.71||$0.69||$92.16 million||$100.15 million||View||Listen|
|4/25/2013||Q1 2013||$0.91||$0.93||$91.77 million||$103.40 million||View||Listen|
|2/21/2013||Q4 2012||$0.83||$0.71||$70.16 million||$90.99 million||View||Listen|
Earnings Estimates for Sun Communities (NYSE:SUI)
Current Year EPS Consensus Estimate: $4.18 EPS
Next Year EPS Consensus Estimate: $4.53 EPS
Current Dividend Information for Sun Communities (NYSE:SUI)
|Most Recent Dividend:||7/17/2017|
|Dividend Growth:||1.00% (3 Year Average)|
|Payout Ratio:||638.11% (Trailing 12 Months of Earnings) |
64.11% (Based on This Year's Estimates)
59.16% (Based on Next Year's Estimates)
Dividend History by Quarter for Sun Communities (NYSE SUI)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Sun Communities (NYSE:SUI)
Insider Ownership Percentage: 4.15%Insider Trades by Quarter for Sun Communities (NYSE:SUI)
Institutional Ownership Percentage: 88.28%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/20/2017||John Bandini Mclaren||COO||Sell||980||$73.49||$72,020.20|| |
|2/27/2017||Clunet R Lewis||Director||Sell||2,000||$83.12||$166,240.00|| |
|12/23/2016||Jonathan Colman||EVP||Sell||3,000||$75.00||$225,000.00|| |
|11/17/2016||Stephanie W Bergeron||Director||Sell||4,850||$70.63||$342,555.50|| |
|8/3/2016||Clunet R Lewis||Director||Sell||1,800||$78.16||$140,688.00|| |
|6/30/2016||Gary A Shiffman||CEO||Sell||18,642||$75.67||$1,410,640.14|| |
|6/29/2016||Gary A Shiffman||CEO||Sell||21,570||$75.71||$1,633,064.70|| |
|6/8/2016||Paul D Lapides||Director||Sell||6,127||$68.23||$418,045.21|| |
|11/12/2015||John Bandini Mclaren||COO||Sell||5,000||$62.00||$310,000.00|| |
|6/19/2015||Randall K Rowe||Director||Buy||25,664||$50.00||$1,283,200.00|| |
|1/7/2015||John Bandini Mclaren||COO||Sell||1,725||$63.39||$109,347.75|| |
|12/9/2014||Clunet R Lewis||Director||Sell||1,929||$59.27||$114,331.83|| |
|8/5/2013||John Bandini Mclaren||COO||Sell||2,000||$48.67||$97,340.00|| |
|8/1/2013||Karen Dearing||CFO||Sell||3,000||$48.65||$145,950.00|| |
Headline Trends for Sun Communities (NYSE:SUI)
Latest Headlines for Sun Communities (NYSE:SUI)
|ETFs with exposure to Sun Communities, Inc. : July 25, 2017|
finance.yahoo.com - July 26 at 8:25 AM
|Zacks Investment Research Lowers Sun Communities, Inc. (SUI) to Sell|
www.americanbankingnews.com - July 25 at 9:40 AM
|Sun Communities, Inc. (NYSE:SUI) Set to Announce Quarterly Earnings on Wednesday|
www.americanbankingnews.com - July 19 at 8:52 AM
|Sun Communities REIT: Income And Great Total Return Play|
seekingalpha.com - July 19 at 7:48 AM
|Sun Communities, Inc. breached its 50 day moving average in a Bullish Manner : SUI-US : July 18, 2017|
finance.yahoo.com - July 19 at 7:48 AM
|Sun Communities' (NYSE:SUI) Buy Rating Reaffirmed at Royal Bank Of Canada|
www.americanbankingnews.com - July 16 at 7:33 AM
|ETFs with exposure to Sun Communities, Inc. : July 14, 2017|
finance.yahoo.com - July 15 at 9:04 AM
|Sun Communities, Inc. (NYSE:SUI) Given Consensus Recommendation of "Buy" by Analysts|
www.americanbankingnews.com - July 11 at 8:14 AM
|Sun Communities, Inc. breached its 50 day moving average in a Bearish Manner : SUI-US : July 7, 2017|
finance.yahoo.com - July 8 at 2:27 PM
|BidaskClub Lowers Sun Communities, Inc. (SUI) to Buy|
www.americanbankingnews.com - June 30 at 6:32 PM
|Sun Communities, Inc. (SUI) Cut to Hold at Zacks Investment Research|
www.americanbankingnews.com - June 30 at 8:03 AM
|Sun Communities, Inc. (SUI) Upgraded at Zacks Investment Research|
www.americanbankingnews.com - June 23 at 7:56 AM
|Sun Communities, Inc. (SUI) Downgraded by Zacks Investment Research to Hold|
www.americanbankingnews.com - June 22 at 7:30 AM
|SUI August 18th Options Begin Trading|
www.nasdaq.com - June 21 at 6:01 AM
|Sun Communities, Inc. (SUI) Upgraded to Strong-Buy at BidaskClub|
www.americanbankingnews.com - June 20 at 4:46 PM
|Sun Communities, Inc. (SUI) Raised to Buy at Zacks Investment Research|
www.americanbankingnews.com - June 17 at 7:14 AM
|Sun Communities, Inc. (SUI) Downgraded by Zacks Investment Research to "Hold"|
www.americanbankingnews.com - June 16 at 8:31 AM
|Sun Communities, Inc. (SUI) Given Average Recommendation of "Buy" by Analysts|
www.americanbankingnews.com - June 16 at 8:25 AM
|Sun Communities (SUI) Presents At NAREIT's REITWeek Investor Forum - Slideshow|
seekingalpha.com - June 7 at 8:06 PM
|Royal Bank of Canada Initiates Coverage on Sun Communities Inc (SUI)|
www.americanbankingnews.com - June 1 at 11:46 AM
|Sun Communities Inc (SUI) Lowered to Hold at Zacks Investment Research|
www.americanbankingnews.com - May 30 at 11:22 AM
|Sun Communities, Inc. Announces Dates for Second Quarter 2017 Earnings Release and Conference Call|
finance.yahoo.com - May 30 at 8:53 AM
|Sun Communities Inc (SUI) Rating Increased to Buy at Zacks Investment Research|
www.americanbankingnews.com - May 26 at 12:59 PM
|Sun Communities, Inc. Announces Upsizing and Pricing of Public Offering of Common Stock|
finance.yahoo.com - May 26 at 7:28 AM
|Sun Communities (SUI) Begins Offering 3.5M Common Shares|
finance.yahoo.com - May 26 at 7:28 AM
|Sun Communities, Inc. Commences Public Offering of 3,500,000 Shares of Common Stock|
finance.yahoo.com - May 25 at 3:31 AM
|Sun Communities Inc (SUI) to Issue Quarterly Dividend of $0.67|
www.americanbankingnews.com - May 22 at 5:34 PM
|Sun Communities, Inc. Declares Second Quarter 2017 Dividends|
finance.yahoo.com - May 22 at 8:46 AM
|Sun Communities Inc (SUI) Receives Consensus Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - May 22 at 8:32 AM
|Sun Communities Inc (SUI) Lifted to "Buy" at Bank of America Corp|
www.americanbankingnews.com - May 22 at 8:16 AM
|Sun Communities Inc (SUI) Raised to "Buy" at Zacks Investment Research|
www.americanbankingnews.com - May 20 at 9:28 AM
|Sun Communities Inc (SUI) Downgraded to Hold at Zacks Investment Research|
www.americanbankingnews.com - May 20 at 7:08 AM
|Sun Communities (SUI) Earning Somewhat Positive Media Coverage, Study Shows|
www.americanbankingnews.com - May 4 at 2:30 PM
|Somewhat Positive News Coverage Extremely Likely to Impact Sun Communities (SUI) Stock Price|
www.americanbankingnews.com - May 1 at 1:11 PM
|Sun Communities (SUI) Receiving Somewhat Positive News Coverage, Analysis Finds|
www.americanbankingnews.com - April 28 at 5:08 PM
|Edited Transcript of SUI earnings conference call or presentation 27-Apr-17 3:00pm GMT|
finance.yahoo.com - April 28 at 3:51 PM
|Sun Communities, Inc. Reports 2017 First Quarter Results|
finance.yahoo.com - April 27 at 8:33 PM
|Sun Communities reports 1Q results|
finance.yahoo.com - April 27 at 8:33 PM
|Sun Communities Inc (SUI) Announces Earnings Results|
www.americanbankingnews.com - April 27 at 4:08 PM
|Sun Communities Inc (SUI) Updates FY17 Earnings Guidance|
www.americanbankingnews.com - April 27 at 12:22 PM
|Sun Communities Inc (SUI) Updates Q2 Earnings Guidance|
www.americanbankingnews.com - April 27 at 12:20 PM
|Sun Communities (SUI) Given News Impact Rating of -0.11|
www.americanbankingnews.com - April 25 at 1:09 PM
|Sun Communities (SUI) Receiving Favorable Press Coverage, Report Finds|
www.americanbankingnews.com - April 16 at 10:41 AM
|Sun Communities (SUI) Earns Daily Coverage Optimism Score of 0.22|
www.americanbankingnews.com - April 13 at 4:42 PM
|Sun Communities, Inc. : SUI-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : April 11, 2017|
finance.yahoo.com - April 11 at 7:49 PM
|Sun Communities Inc (SUI) Receives Consensus Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - March 28 at 12:37 PM
|Sun Communities Series A Cumulative Redeemable Preferred Stock Ex-Dividend Reminder|
www.nasdaq.com - March 27 at 7:15 PM
|Sun Communities Inc (SUI) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - March 27 at 10:20 AM
|John Bandini Mclaren Sells 980 Shares of Sun Communities Inc (SUI) Stock|
www.americanbankingnews.com - March 21 at 1:25 PM
|Zacks Investment Research Upgrades Sun Communities Inc (SUI) to Hold|
www.americanbankingnews.com - March 21 at 11:35 AM
Sun Communities (SUI) Chart for Wednesday, July, 26, 2017