Sun Communities Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sun Communities in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Sun Communities stock.
View analyst ratings for Sun Communities or view top-rated stocks.

Wall Street analysts have given Sun Communities a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Sun Communities wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Sun Communities is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for Sun Communities.

Sun Communities, Inc. (NYSE:SUI) announced its quarterly earnings data on Sunday, April, 25th. The real estate investment trust reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.20 by $0.03. The real estate investment trust earned $442 million during the quarter, compared to the consensus estimate of $315.24 million. Sun Communities had a trailing twelve-month return on equity of 4.26% and a net margin of 11.76%. The firm's revenue for the quarter was up 42.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.22 EPS.
View Sun Communities' earnings history.

Sun Communities' stock was trading at $153.34 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SUI stock has increased by 6.5% and is now trading at $163.31.
View which stocks have been most impacted by COVID-19.

Sun Communities announced a quarterly dividend on Monday, March 8th. Investors of record on Wednesday, March 31st will be paid a dividend of $0.83 per share on Thursday, April 15th. This represents a $3.32 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend is Tuesday, March 30th. This is a boost from Sun Communities's previous quarterly dividend of $0.79.
View Sun Communities' dividend history.

Sun Communities pays an annual dividend of $3.32 per share and currently has a dividend yield of 2.06%. Sun Communities has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of Sun Communities is 67.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sun Communities will have a dividend payout ratio of 57.64% next year. This indicates that Sun Communities will be able to sustain or increase its dividend.
View Sun Communities' dividend history.

Sun Communities issued an update on its FY 2021 earnings guidance on Tuesday, May, 4th. The company provided EPS guidance of 5.920-6.080 for the period. The company issued revenue guidance of -.

7 analysts have issued twelve-month target prices for Sun Communities' stock. Their forecasts range from $150.00 to $171.00. On average, they expect Sun Communities' stock price to reach $162.20 in the next twelve months. This suggests that the stock has a possible downside of 0.7%.
View analysts' price targets for Sun Communities or view top-rated stocks among Wall Street analysts.

140 employees have rated Sun Communities CEO Gary A. Shiffman on Glassdoor.com. Gary A. Shiffman has an approval rating of 91% among Sun Communities' employees. This puts Gary A. Shiffman in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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), American Campus Communities (ACC), Apartment Investment and Management (AIV) and UMH Properties (UMH).
View all of SUI's competitors.

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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (8.84%), Principal Financial Group Inc. (3.72%), JPMorgan Chase & Co. (3.71%), Daiwa Securities Group Inc. (2.12%), Dimensional Fund Advisors LP (1.57%) and Massachusetts Financial Services Co. MA (1.42%). Company insiders that own Sun Communities stock include Arthur A Weiss, Brian M Hermelin, Clunet R Lewis, Gary A Shiffman, John Bandini Mclaren, 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 PGGM Investments, Allianz Asset Management GmbH, Strs Ohio, APG Asset Management N.V., Federated Hermes Inc., American Assets Capital Advisers LLC, Aew Capital Management L P, and K.J. Harrison & Partners Inc. Company insiders that have sold Sun Communities company stock in the last year include Clunet R Lewis, and Stephanie W Bergeron.
View insider buying and selling activity for Sun Communities or view top insider-selling stocks.

SUI stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Principal Financial Group Inc., Centersquare Investment Management LLC, BlackRock Inc., Daiwa Securities Group Inc., Healthcare of Ontario Pension Plan Trust Fund, Vision Capital Corp, and UBS Asset Management Americas Inc..
View insider buying and selling activity for Sun Communities or or view top insider-buying stocks.

Shares of SUI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SUI stock can currently be purchased for approximately $163.31.

Sun Communities has a market capitalization of $18.26 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 4,044 workers across the globe.

Sun Communities was founded in 1993.

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

Sun Communities is headquartered at 27777 FRANKLIN ROAD SUITE 200, SOUTHFIELD MI, 48034.

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]