NYSE:SUISun Communities Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Sun Communities Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $132.79 -0.49 (-0.37 %) (As of 05/25/2020 03:33 PM ET) Add Compare Share Today's Range$131.78Now: $132.79▼$134.3150-Day Range$106.75MA: $126.76▼$137.8752-Week Range$95.34Now: $132.79▼$173.98Volume588,874 shsAverage Volume770,744 shsMarket Capitalization$12.39 billionP/E Ratio107.96Dividend Yield2.38%Beta0.53 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Sun Communities, Inc. is a REIT that, as of March 31, 2019, owned, operated, or had an interest in a portfolio of 379 communities comprising over 132,000 developed sites in 31 states and Ontario, Canada.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingSun Communities has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $146.50, Sun Communities has a potential upside of 10.3% from its current price of $132.79.Amount of Analyst CoverageSun Communities has only been the subject of 4 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesSun Communities has received 337 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSun Communities has received 355 “underperform” votes. (Add your “underperform” vote.)Community SentimentSun Communities has received 51.30% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Sun Communities and other stocks. Vote “Outperform” if you believe SUI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SUI will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipSun Communities is a leading dividend payer. It pays a dividend yield of 2.38%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSun Communities has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Sun Communities is 64.23 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Sun Communities will have a dividend payout ratio of 57.77 % next year. This indicates that Sun Communities will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sun Communities insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $436,384.00 in company stock.Percentage Held by InsidersOnly 2.72% of the stock of Sun Communities is held by insiders.Percentage Held by Institutions91.51% of the stock of Sun Communities is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Sun Communities are expected to grow by 11.86% in the coming year, from $4.89 to $5.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sun Communities is 107.96, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Sun Communities is 107.96, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 15.63.Price to Earnings Growth RatioSun Communities has a PEG Ratio of 3.64. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSun Communities has a P/B Ratio of 3.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.93 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryResidential REITs SectorFinance Current SymbolNYSE:SUI Previous Symbol CUSIP86667410 CIK912593 Webwww.suncommunities.com Phone248-208-2500Debt Debt-to-Equity Ratio1.01 Current Ratio5.76 Quick Ratio5.76Price-To-Earnings Trailing P/E Ratio107.96 Forward P/E Ratio27.16 P/E Growth3.64 Sales & Book Value Annual Sales$1.26 billion Price / Sales9.80 Cash Flow$5.21 per share Price / Cash Flow25.50 Book Value$42.11 per share Price / Book3.15Profitability EPS (Most Recent Fiscal Year)$4.92 Net Income$177.38 million Net Margins8.89% Return on Equity3.67% Return on Assets1.78%Miscellaneous Employees3,146 Outstanding Shares93,310,000Market Cap$12.39 billion Next Earnings Date7/22/2020 (Estimated) OptionableOptionable SUI Rates by TradingView Receive SUI News and Ratings via Email Sign-up to receive the latest news and ratings for SUI and its competitors with MarketBeat's FREE daily newsletter. Sun Communities (NYSE:SUI) Frequently Asked Questions How has Sun Communities' stock been impacted by COVID-19 (Coronavirus)? Sun Communities' stock was trading at $153.34 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SUI shares have decreased by 13.4% and is now trading at $132.79. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Sun Communities? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sun Communities in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Sun Communities. When is Sun Communities' next earnings date? Sun Communities is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Sun Communities. How were Sun Communities' earnings last quarter? Sun Communities Inc (NYSE:SUI) posted its earnings results on Wednesday, April, 22nd. The real estate investment trust reported ($0.17) earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by $0.37. The real estate investment trust earned $310.30 million during the quarter, compared to analysts' expectations of $294.10 million. Sun Communities had a net margin of 8.89% and a return on equity of 3.67%. The business's revenue for the quarter was up 8.0% on a year-over-year basis. During the same period last year, the firm posted $0.40 EPS. View Sun Communities' earnings history. How often does Sun Communities pay dividends? What is the dividend yield for Sun Communities? Sun Communities announced a quarterly dividend on Monday, March 9th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.79 per share on Wednesday, April 15th. This represents a $3.16 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date is Monday, March 30th. This is a positive change from Sun Communities's previous quarterly dividend of $0.75. View Sun Communities' dividend history. What price target have analysts set for SUI? 5 brokerages have issued 12-month price targets for Sun Communities' shares. Their forecasts range from $132.00 to $175.00. On average, they expect Sun Communities' stock price to reach $146.50 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price. View analysts' price targets for Sun Communities. Has Sun Communities been receiving favorable news coverage? Media stories about SUI stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Sun Communities earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutSun Communities. Who are some of Sun Communities' key competitors? Some companies that are related to Sun Communities include AvalonBay Communities (AVB), Equity Residential (EQR), Essex Property Trust (ESS), Mid-America Apartment Communities (MAA), Equity Lifestyle Properties (ELS), UDR (UDR), Camden Property Trust (CPT), Apartment Investment and Management (AIV), American Campus Communities (ACC) and UMH PROPERTIES/SH SH (UMH). View all competitors. 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 NVIDIA (NVDA), Alibaba Group (BABA), NextEra Energy (NEE), Fortinet (FTNT), Verizon Communications (VZ), Home Depot (HD), Paypal (PYPL), Chipotle Mexican Grill (CMG), ARBOR RLTY TR I/SH (ABR) and Arch Capital Group (ACGL). Who are Sun Communities' key executives? Sun Communities' management team includes the following people: Mr. Gary A. Shiffman, Chairman & CEO (Age 65)Mr. John Bandini McLaren, Pres & COO (Age 48)Ms. Karen J. Dearing, Exec. VP, CFO, Treasurer & Sec. (Age 54)Mr. Jonathan M. Colman, Exec. VP (Age 63)Ms. Carol Petersen, Investor Relations What is Sun Communities' stock symbol? Sun Communities trades on the New York Stock Exchange (NYSE) under the ticker symbol "SUI." Who are Sun Communities' major shareholders? Sun Communities' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.63%), Capital World Investors (4.99%), State Street Corp (4.68%), Principal Financial Group Inc. (3.35%), Aristotle Capital Management LLC (3.30%) and Nuveen Asset Management LLC (2.65%). 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. Which major investors are selling Sun Communities stock? SUI stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Centersquare Investment Management LLC, Canada Pension Plan Investment Board, Morgan Stanley, First Trust Advisors LP, Massachusetts Financial Services Co. MA, Steward Partners Investment Advisory LLC, and Squarepoint Ops LLC. 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, Karen Dearing, and Stephanie W Bergeron. View insider buying and selling activity for Sun Communities. Which major investors are buying Sun Communities stock? SUI stock was bought by a variety of institutional investors in the last quarter, including Capital World Investors, Nuveen Asset Management LLC, Deutsche Bank AG, Aew Capital Management L P, JPMorgan Chase & Co., Sumitomo Mitsui Trust Holdings Inc., Zimmer Partners LP, and Invesco Ltd.. 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. How do I buy shares of 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. What is Sun Communities' stock price today? One share of SUI stock can currently be purchased for approximately $132.79. How big of a company is Sun Communities? Sun Communities has a market capitalization of $12.39 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. What is Sun Communities' official website? The official website for Sun Communities is www.suncommunities.com. How can I contact Sun Communities? 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] This page was last updated on 5/25/2020 by MarketBeat.com Staff
