Sun Communities Company Profile (NYSE:SUI)

About Sun Communities (NYSE:SUI)

Sun Communities logoSun 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
Capitalization:
  • Market Cap: $7.09 billion
  • Outstanding Shares: 78,998,000
Average Prices:
  • 50 Day Moving Avg: $88.07
  • 200 Day Moving Avg: $84.60
  • 52 Week Range: $69.90 - $91.37
P/E:
  • Trailing P/E Ratio: 127.42
  • Foreward P/E Ratio: 67.46
  • P/E Growth: 29.51
Sales & Book Value:
  • Annual Revenue: $936.86 million
  • Price / Sales: 7.57
  • Book Value: $34.07 per share
  • Price / Book: 2.63
Dividend:
  • Annual Dividend: $2.68
  • Dividend Yield: 3.0%
Profitability:
  • EBIDTA: $443.91 million
  • Net Margins: 6.82%
  • Return on Equity: 2.59%
  • Return on Assets: 1.07%
Debt:
  • Debt-to-Equity Ratio: 1.08%
Misc:
  • Average Volume: 490,736 shs.
  • Beta: 0.28
  • 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. Stockholders of record on Friday, June 30th will be paid a dividend of $0.67 per share on Monday, July 17th. This represents a $2.68 annualized dividend and a dividend yield of 2.99%. 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 Wednesday, July, 26th. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.19 by $0.03. The business earned $237.90 million during the quarter, compared to analyst estimates of $210.58 million. Sun Communities had a return on equity of 2.59% and a net margin of 6.82%. The firm's revenue for the quarter was up 24.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.85 earnings per share. View Sun Communities' Earnings History.

When will Sun Communities make its next earnings announcement?

Sun Communities is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Sun Communities.

What guidance has Sun Communities issued on next quarter's earnings?

Sun Communities issued an update on its third quarter earnings guidance on Wednesday, July, 26th. The company provided earnings per share guidance of $1.11-1.14 for the period, compared to the Thomson Reuters consensus estimate of $1.14.

Where is Sun Communities' stock going? Where will Sun Communities' stock price be in 2017?

5 brokers have issued 12 month price objectives for Sun Communities' shares. Their forecasts range from $82.00 to $93.00. On average, they expect 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?

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
  • Meghan G. Baivier, Director
  • Arthur A. Weiss, Director
  • Stephanie W. Bergeron, Independent Director
  • Brian M. Hermelin, Independent Director

Who owns Sun Communities stock?

Sun Communities' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.56%), BlackRock Inc. (6.50%), FMR LLC (5.69%), Daiwa Securities Group Inc. (5.29%), Cbre Clarion Securities LLC (4.59%) and Principal Financial Group Inc. (3.39%). 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 Prudential Financial Inc., FMR LLC, Cbre Clarion Securities LLC, Principal Financial Group Inc., West Family Investments Inc., Alliancebernstein L.P., Citigroup Inc. and Anchor Capital Advisors 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 Bank of New York Mellon Corp, Vanguard Group Inc., Janus Henderson Group PLC, Renaissance Technologies LLC, BlackRock Inc., Capital Growth Management LP, Goldman Sachs Group Inc. and Westfield Capital Management Co. LP. 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?

One share of Sun Communities stock can currently be purchased for approximately $89.72.


MarketBeat Community Rating for Sun Communities (NYSE SUI)
Community Ranking:  2.1 out of 5 ( )
Outperform Votes:  93 (Vote Outperform)
Underperform Votes:  130 (Vote Underperform)
Total Votes:  223
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.

Analyst Ratings

Consensus Ratings for Sun Communities (NYSE:SUI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $87.80 (2.14% downside)

Analysts' Ratings History for Sun Communities (NYSE:SUI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/16/2017Royal Bank Of CanadaReiterated RatingBuy$92.00LowView Rating Details
5/22/2017Bank of America CorporationUpgradeUnderperform -> Buy$93.00MediumView Rating Details
2/28/2017Evercore ISIDowngradeBuy -> Hold$81.00 -> $86.00N/AView Rating Details
2/27/2017Citigroup Inc.DowngradeBuy -> Neutral$86.00N/AView Rating Details
1/12/2017BMO Capital MarketsReiterated RatingBuy$82.00N/AView Rating Details
3/30/2016Robert W. BairdUpgradeNeutral -> Outperform$67.00 -> $74.00N/AView Rating Details
(Data available from 8/17/2015 forward)

Earnings

Earnings History for Sun Communities (NYSE:SUI)
Earnings by Quarter for Sun Communities (NYSE:SUI)
Earnings History by Quarter for Sun Communities (NYSE SUI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017$0.43N/AView Earnings Details
7/26/2017Q2 2017$0.19$0.16$210.58 million$237.90 millionViewN/AView Earnings Details
4/27/2017Q1 2017$1.07$1.10$194.89 million$234.40 millionViewN/AView Earnings Details
2/23/2017Q416$0.05$0.91$128.52 million$218.60 millionViewListenView Earnings Details
11/1/2016Q316$1.10$1.13$146.83 million$249.70 millionViewListenView Earnings Details
8/2/2016Q216$0.82$0.85$165.78 million$140.00 millionViewListenView Earnings Details
4/26/2016Q116$0.89$0.90$124.36 million$129.24 millionViewListenView Earnings Details
2/23/2016Q415$0.85$0.81$167.15 million$168.20 millionViewListenView Earnings Details
10/27/2015Q315$1.05$1.05$173.38 million$185.36 millionViewListenView Earnings Details
7/30/2015Q215$0.83$0.87$151.49 million$165.90 millionViewListenView Earnings Details
4/23/2015Q115$0.86$0.90$137.61 million$152.65 millionViewListenView Earnings Details
2/24/2015Q414$0.72$0.69$122.47 million$119.70 millionViewListenView Earnings Details
10/30/2014Q3$0.92$0.96$111.80 million$125.43 millionViewListenView Earnings Details
7/24/2014Q214$0.76$0.78$105.88 million$115.40 millionViewListenView Earnings Details
4/30/2014Q413$0.89$0.95$110.28 million$111.18 millionViewListenView Earnings Details
2/20/2014Q4$0.78$0.78ViewListenView Earnings Details
10/29/2013Q313$0.82$0.82$80.38 million$107.20 millionViewListenView Earnings Details
7/25/2013Q2 2013$0.71$0.69$92.16 million$100.15 millionViewListenView Earnings Details
4/25/2013Q1 2013$0.91$0.93$91.77 million$103.40 millionViewListenView Earnings Details
2/21/2013Q4 2012$0.83$0.71$70.16 million$90.99 millionViewListenView Earnings Details
10/25/2012$0.76$0.71ViewN/AView Earnings Details
7/26/2012$0.78$0.78ViewN/AView Earnings Details
4/26/2012$0.86$0.90ViewN/AView Earnings Details
2/23/2012$0.81$0.81ViewN/AView Earnings Details
10/25/2011$0.76$0.74ViewN/AView Earnings Details
7/28/2011$0.64$0.74ViewN/AView Earnings Details
4/28/2011$0.80$0.83ViewN/AView Earnings Details
2/24/2011$0.77$0.78ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Sun Communities (NYSE:SUI)
Current Year EPS Consensus Estimate: $0.99 EPS
Next Year EPS Consensus Estimate: $1.33 EPS

Dividends

Current Dividend Information for Sun Communities (NYSE:SUI)
Most Recent Dividend:7/17/2017
Annual Dividend:$2.68
Dividend Yield:2.99%
Dividend Growth:1.00% (3 Year Average)
Payout Ratio:382.86% (Trailing 12 Months of Earnings)
270.71% (Based on This Year's Estimates)
201.50% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Sun Communities (NYSE:SUI)

Dividend History by Quarter for Sun Communities (NYSE SUI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/22/2017quarterly$0.673.1%6/28/20176/30/20177/17/2017
3/3/2017quarterly$0.673.27%3/29/20173/31/20174/17/2017
12/8/2016quarterly$0.653.5%12/28/201612/31/20161/20/2017
9/6/2016quarterly$0.653.34%9/28/20169/30/201610/17/2016
6/7/2016quarterly$0.653.81%6/28/20166/30/20167/15/2016
3/8/2016quarterly$0.653.89%3/29/20163/31/20164/15/2016
9/15/2015quarterly$0.653.97%9/28/20159/30/201510/16/2015
6/5/2015quarterly$0.654.19%6/26/20156/30/20157/17/2015
3/4/2015quarterly$0.653.88%3/27/20153/31/20154/17/2015
12/9/2014quarterly$0.654.3%12/29/201412/31/20141/16/2015
9/17/2014quarterly$0.654.98%9/26/20149/30/201410/17/2014
6/18/2014quarterly$0.655.13%6/26/20146/30/20147/18/2014
3/20/2014quarterly$0.655.85%3/27/20143/31/20144/17/2014
12/18/2013quarterly$0.635.97%12/27/201312/31/20131/17/2014
9/20/2013quarterly$0.635.54%9/26/20139/30/201310/18/2013
6/18/2013quarterly$0.634.9%6/26/20136/28/20137/19/2013
3/22/2013quarterly$0.635.29%3/27/20134/1/20134/19/2013
12/24/2012quarterly$0.636.31%12/27/201212/31/20121/18/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Sun Communities (NYSE:SUI)
Insider Ownership Percentage: 4.15%
Institutional Ownership Percentage: 89.21%
Insider Trades by Quarter for Sun Communities (NYSE:SUI)
Institutional Ownership by Quarter for Sun Communities (NYSE:SUI)
Insider Trades by Quarter for Sun Communities (NYSE:SUI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/2/2017John Bandini MclarenCOOSell5,400$88.43$477,522.00View SEC Filing  
3/20/2017John Bandini MclarenCOOSell980$73.49$72,020.20View SEC Filing  
2/27/2017Clunet R LewisDirectorSell2,000$83.12$166,240.00View SEC Filing  
12/23/2016Jonathan ColmanEVPSell3,000$75.00$225,000.00View SEC Filing  
11/17/2016Stephanie W BergeronDirectorSell4,850$70.63$342,555.50View SEC Filing  
8/3/2016Clunet R LewisDirectorSell1,800$78.16$140,688.00View SEC Filing  
6/30/2016Gary A ShiffmanCEOSell18,642$75.67$1,410,640.14View SEC Filing  
6/29/2016Gary A ShiffmanCEOSell21,570$75.71$1,633,064.70View SEC Filing  
6/8/2016Paul D LapidesDirectorSell6,127$68.23$418,045.21View SEC Filing  
11/12/2015John Bandini MclarenCOOSell5,000$62.00$310,000.00View SEC Filing  
6/19/2015Randall K RoweDirectorBuy25,664$50.00$1,283,200.00View SEC Filing  
1/7/2015John Bandini MclarenCOOSell1,725$63.39$109,347.75View SEC Filing  
12/9/2014Clunet R LewisDirectorSell1,929$59.27$114,331.83View SEC Filing  
8/5/2013John Bandini MclarenCOOSell2,000$48.67$97,340.00View SEC Filing  
8/1/2013Karen DearingCFOSell3,000$48.65$145,950.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Sun Communities (NYSE:SUI)
Latest Headlines for Sun Communities (NYSE:SUI)
Source:
DateHeadline
americanbankingnews.com logoSun Communities (SUI) versus Independence Realty Trust (IRT) Financial Contrast
www.americanbankingnews.com - August 17 at 8:26 PM
finance.yahoo.com logoSun Communities, Inc. breached its 50 day moving average in a Bullish Manner : SUI-US : August 15, 2017
finance.yahoo.com - August 16 at 7:54 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Sun Communities Inc.
finance.yahoo.com - August 15 at 7:26 AM
americanbankingnews.com logoHead to Head Analysis: Sun Communities (SUI) and New Senior Investment Group (SNR)
www.americanbankingnews.com - August 14 at 6:16 AM
americanbankingnews.com logoSun Communities (NYSE:SUI) and American Campus Communities (ACC) Head to Head Analysis
www.americanbankingnews.com - August 5 at 8:38 PM
americanbankingnews.com logoSun Communities, Inc. (NYSE:SUI) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - August 5 at 8:44 AM
americanbankingnews.com logoInsider Selling: Sun Communities, Inc. (SUI) COO Sells 5,400 Shares of Stock
www.americanbankingnews.com - August 4 at 10:26 AM
prnewswire.com logoStock Performance Review on REIT Industry -- Monogram Residential Trust, Altisource Residential, Sun Communities, and New York Mortgage Trust
www.prnewswire.com - August 2 at 7:33 AM
finance.yahoo.com logoEdited Transcript of SUI earnings conference call or presentation 27-Jul-17 3:00pm GMT
finance.yahoo.com - July 28 at 8:22 AM
americanbankingnews.com logoSun Communities, Inc. (NYSE:SUI) Announces Earnings Results
www.americanbankingnews.com - July 27 at 5:58 PM
finance.yahoo.com logoSun Communities, Inc. Reports 2017 Second Quarter Results
finance.yahoo.com - July 27 at 7:59 AM
finance.yahoo.com logoSun Communities reports 2Q results
finance.yahoo.com - July 27 at 7:59 AM
americanbankingnews.com logoSun Communities, Inc. (SUI) Issues Q3 Earnings Guidance
www.americanbankingnews.com - July 26 at 5:55 PM
finance.yahoo.com logoETFs with exposure to Sun Communities, Inc. : July 25, 2017
finance.yahoo.com - July 26 at 8:25 AM
americanbankingnews.com logoZacks Investment Research Lowers Sun Communities, Inc. (SUI) to Sell
www.americanbankingnews.com - July 25 at 9:40 AM
americanbankingnews.com logoSun Communities, Inc. (NYSE:SUI) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 19 at 8:52 AM
seekingalpha.com logoSun Communities REIT: Income And Great Total Return Play
seekingalpha.com - July 19 at 7:48 AM
finance.yahoo.com logoSun 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
americanbankingnews.com logoSun Communities' (NYSE:SUI) Buy Rating Reaffirmed at Royal Bank Of Canada
www.americanbankingnews.com - July 16 at 7:33 AM
finance.yahoo.com logoETFs with exposure to Sun Communities, Inc. : July 14, 2017
finance.yahoo.com - July 15 at 9:04 AM
americanbankingnews.com logoSun Communities, Inc. (NYSE:SUI) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - July 11 at 8:14 AM
finance.yahoo.com logoSun 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
americanbankingnews.com logoBidaskClub Lowers Sun Communities, Inc. (SUI) to Buy
www.americanbankingnews.com - June 30 at 6:32 PM
americanbankingnews.com logoSun Communities, Inc. (SUI) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - June 30 at 8:03 AM
americanbankingnews.com logoSun Communities, Inc. (SUI) Upgraded at Zacks Investment Research
www.americanbankingnews.com - June 23 at 7:56 AM
americanbankingnews.com logoSun Communities, Inc. (SUI) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - June 22 at 7:30 AM
nasdaq.com logoSUI August 18th Options Begin Trading
www.nasdaq.com - June 21 at 6:01 AM
americanbankingnews.com logoSun Communities, Inc. (SUI) Upgraded to Strong-Buy at BidaskClub
www.americanbankingnews.com - June 20 at 4:46 PM
americanbankingnews.com logoSun Communities, Inc. (SUI) Raised to Buy at Zacks Investment Research
www.americanbankingnews.com - June 17 at 7:14 AM
americanbankingnews.com logoSun Communities, Inc. (SUI) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - June 16 at 8:31 AM
americanbankingnews.com logoSun Communities, Inc. (SUI) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - June 16 at 8:25 AM
seekingalpha.com logoSun Communities (SUI) Presents At NAREIT's REITWeek Investor Forum - Slideshow
seekingalpha.com - June 7 at 8:06 PM
americanbankingnews.com logoRoyal Bank of Canada Initiates Coverage on Sun Communities Inc (SUI)
www.americanbankingnews.com - June 1 at 11:46 AM
americanbankingnews.com logoSun Communities Inc (SUI) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - May 30 at 11:22 AM
finance.yahoo.com logoSun Communities, Inc. Announces Dates for Second Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - May 30 at 8:53 AM
americanbankingnews.com logoSun Communities Inc (SUI) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - May 26 at 12:59 PM
finance.yahoo.com logoSun Communities, Inc. Announces Upsizing and Pricing of Public Offering of Common Stock
finance.yahoo.com - May 26 at 7:28 AM
finance.yahoo.com logoSun Communities (SUI) Begins Offering 3.5M Common Shares
finance.yahoo.com - May 26 at 7:28 AM
finance.yahoo.com logoSun Communities, Inc. Commences Public Offering of 3,500,000 Shares of Common Stock
finance.yahoo.com - May 25 at 3:31 AM
americanbankingnews.com logoSun Communities Inc (SUI) to Issue Quarterly Dividend of $0.67
www.americanbankingnews.com - May 22 at 5:34 PM
finance.yahoo.com logoSun Communities, Inc. Declares Second Quarter 2017 Dividends
finance.yahoo.com - May 22 at 8:46 AM
americanbankingnews.com logoSun Communities Inc (SUI) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 22 at 8:32 AM
americanbankingnews.com logoSun Communities Inc (SUI) Lifted to "Buy" at Bank of America Corp
www.americanbankingnews.com - May 22 at 8:16 AM
americanbankingnews.com logoSun Communities Inc (SUI) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - May 20 at 9:28 AM
americanbankingnews.com logoSun Communities Inc (SUI) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - May 20 at 7:08 AM
americanbankingnews.com logoSun Communities (SUI) Earning Somewhat Positive Media Coverage, Study Shows
www.americanbankingnews.com - May 4 at 2:30 PM
americanbankingnews.com logoSomewhat Positive News Coverage Extremely Likely to Impact Sun Communities (SUI) Stock Price
www.americanbankingnews.com - May 1 at 1:11 PM
americanbankingnews.com logoSun Communities (SUI) Receiving Somewhat Positive News Coverage, Analysis Finds
www.americanbankingnews.com - April 28 at 5:08 PM
finance.yahoo.com logoEdited Transcript of SUI earnings conference call or presentation 27-Apr-17 3:00pm GMT
finance.yahoo.com - April 28 at 3:51 PM
finance.yahoo.com logoSun Communities, Inc. Reports 2017 First Quarter Results
finance.yahoo.com - April 27 at 8:33 PM

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Chart

Sun Communities (SUI) Chart for Thursday, August, 17, 2017

This page was last updated on 8/17/2017 by MarketBeat.com Staff