NYSE:SUI - Sun Communities Stock Price, Forecast & News

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

Sun Communities declared a quarterly dividend on Wednesday, November 27th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.75 per share on Wednesday, January 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date of this dividend is Monday, December 30th. View Sun Communities' Dividend History.

Sun Communities Inc (NYSE:SUI) announced its earnings results on Wednesday, October, 23rd. The real estate investment trust reported $0.63 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.68 by $0.05. The real estate investment trust earned $362.44 million during the quarter, compared to analyst estimates of $321.14 million. Sun Communities had a return on equity of 4.25% and a net margin of 11.62%. Sun Communities's quarterly revenue was up 12.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.35 earnings per share. View Sun Communities' Earnings History.

Sun Communities is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Sun Communities.

Sun Communities will be holding an earnings conference call on Wednesday, February 19th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Sun Communities issued an update on its fourth quarter earnings guidance on Wednesday, October, 23rd. The company provided earnings per share (EPS) guidance of $1.04-1.08 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.09.

2 analysts have issued 1-year target prices for Sun Communities' shares. Their forecasts range from $132.00 to $137.00. On average, they anticipate Sun Communities' stock price to reach $134.50 in the next twelve months. This suggests that the stock has a possible downside of 13.2%. View Analyst Price Targets for Sun Communities.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sun Communities in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sun Communities.

News headlines about SUI stock have trended somewhat positive this week, InfoTrie reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sun Communities earned a news sentiment score of 1.5 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Sun Communities.

Sun Communities saw a increase in short interest in December. As of December 31st, there was short interest totalling 996,000 shares, an increase of 19.4% from the December 15th total of 834,000 shares. Based on an average daily trading volume, of 606,600 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.1% of the company's shares are short sold. View Sun Communities' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Sun Communities investors own include Alibaba Group (BABA), Arch Capital Group (ACGL), NVIDIA (NVDA), Chipotle Mexican Grill (CMG), NextEra Energy (NEE), Verizon Communications (VZ), Fortinet (FTNT), Home Depot (HD), Paypal (PYPL) and Walt Disney (DIS).

Sun Communities' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include PGGM Investments (1.80%), Steward Partners Investment Advisory LLC (0.20%), Gateway Investment Advisers LLC (0.15%), State of Alaska Department of Revenue (0.06%), Manning & Napier Group LLC (0.06%) and First National Bank of Omaha (0.04%). 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 and Karen Dearing. View Institutional Ownership Trends for Sun Communities.

SUI stock was sold by a variety of institutional investors in the last quarter, including First National Bank of Omaha, Nisa Investment Advisors LLC, Brasada Capital Management LP, First Hawaiian Bank, Tributary Capital Management LLC, IFM Investors Pty Ltd, Cypress Capital Group and IFP Advisors Inc. Company insiders that have sold Sun Communities company stock in the last year include Arthur A Weiss, Clunet R Lewis, Gary A Shiffman, John Bandini Mclaren, Jonathan Colman and Karen Dearing. View Insider Buying and Selling for Sun Communities.

SUI stock was purchased by a variety of institutional investors in the last quarter, including PGGM Investments, Steward Partners Investment Advisory LLC, Gateway Investment Advisers LLC, State of Alaska Department of Revenue, DNB Asset Management AS, Assenagon Asset Management S.A., Alpine Global Management LLC and Spirit of America Management Corp NY. 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 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 $154.92.

Sun Communities has a market capitalization of $14.36 billion and generates $1.13 billion in revenue each year. The real estate investment trust earns $120.16 million in net income (profit) each year or $4.58 on an earnings per share basis. Sun Communities employs 2,784 workers across the globe.View Additional Information About Sun Communities.

The official website for Sun Communities is http://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]