Sun Communities Stock Forecast, Price & News

Sun Communities' stock was trading at $153.34 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SUI stock has decreased by 7.8% and is now trading at $141.44.
View which stocks have been most impacted by COVID-19.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sun Communities in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Sun Communities.

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Sun Communities is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
View our earnings forecast for Sun Communities.

Sun Communities, Inc. (NYSE:SUI) issued its quarterly earnings data on Wednesday, October, 21st. The real estate investment trust reported $0.83 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.43 by $0.60. Sun Communities had a return on equity of 3.93% and a net margin of 10.37%. During the same period in the prior year, the firm posted $0.63 earnings per share.
View Sun Communities' earnings history.

Sun Communities announced a quarterly dividend on Monday, August 31st. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.79 per share on Thursday, October 15th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date is Tuesday, September 29th.
View Sun Communities' dividend history.

Sun Communities issued an update on its fourth quarter earnings guidance on Wednesday, October, 21st. The company provided EPS guidance of $1.08-1.12 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.22.

7 analysts have issued 1-year price objectives for Sun Communities' shares. Their forecasts range from $139.00 to $175.00. On average, they anticipate Sun Communities' share price to reach $158.33 in the next twelve months. This suggests a possible upside of 11.9% from the stock's current price.
View analysts' price targets for Sun Communities.

Sun Communities saw a drop in short interest in the month of October. As of October 30th, there was short interest totaling 1,610,000 shares, a drop of 84.7% from the October 15th total of 10,510,000 shares. Based on an average trading volume of 574,500 shares, the short-interest ratio is presently 2.8 days.
View Sun Communities' Short Interest.

Some companies that are related to Sun Communities include AvalonBay Communities (AVB), Equity Residential (EQR), Essex Property Trust (ESS), Mid-America Apartment Communities (MAA), UDR (UDR), Equity LifeStyle Properties (ELS), Camden Property Trust (CPT), American Campus Communities (ACC), Apartment Investment and Management (AIV) and UMH Properties (UMH).
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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 The Walt Disney (DIS).

Sun Communities trades on the New York Stock Exchange (NYSE) under the ticker symbol "SUI."

Sun Communities' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.53%), State Street Corp (4.10%), Principal Financial Group Inc. (3.27%), Nuveen Asset Management LLC (1.84%), PGGM Investments (1.98%) and Massachusetts Financial Services Co. MA (1.53%). Company insiders that own Sun Communities stock include Arthur A Weiss, Brian M Hermelin, Clunet R Lewis, Gary A Shiffman, John Bandini Mclaren, Jonathan Colman, Karen Dearing and Stephanie W Bergeron.
View institutional ownership trends for Sun Communities.

SUI stock was sold by a variety of institutional investors in the last quarter, including Charles Schwab Investment Management Inc., State Street Corp, Nuveen Asset Management LLC, Morgan Stanley, JPMorgan Chase & Co., Standard Life Aberdeen plc, Duff & Phelps Investment Management Co., and Victory Capital Management Inc.. Company insiders that have sold Sun Communities company stock in the last year include Clunet R Lewis, Gary A Shiffman, and Stephanie W Bergeron.
View insider buying and selling activity for Sun Communities.

SUI stock was bought by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., Aew Capital Management L P, PGGM Investments, CI Investments Inc., Principal Financial Group Inc., Timbercreek Investment Management Inc., UBS Oconnor LLC, and UBS Asset Management Americas Inc.. Company insiders that have bought Sun Communities stock in the last two years include Arthur A Weiss, and Brian M Hermelin.
View insider buying and selling activity for Sun Communities.

Shares of SUI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of SUI stock can currently be purchased for approximately $141.44.

Sun Communities has a market capitalization of $15.21 billion and generates $1.26 billion in revenue each year. The real estate investment trust earns $177.38 million in net income (profit) each year or $4.92 on an earnings per share basis. Sun Communities employs 3,146 workers across the globe.

The official website for Sun Communities is www.suncommunities.com.

Sun Communities' mailing address is 27777 FRANKLIN ROAD SUITE 200, SOUTHFIELD MI, 48034. The real estate investment trust can be reached via phone at 248-208-2500 or via email at [email protected]