About Sun Communities (NYSE:SUI)
Sun Communities, Inc. provides real estate management services. The company operates through the following segments: Real Property Operations and Home Sales & Rentals. The Real Property Operations segment owns, operates, and develops manufacture housing communities and recreational vehicle communities throughout the United States and is in the business of acquiring, operating, and expanding manufactured housing and recreational vehicle communities. The Home Sales and Rentals segment offers manufactured home sales and leasing services to tenants and prospective tenants of its communities. The company was founded in 1975 and is headquartered in Southfield, MI.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
SymbolNYSE:SUI
CUSIP86667410
Phone248-208-2500
Debt
Debt-to-Equity Ratio1.14%
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E Ratio21.92
Forward P/E Ratio20.17
P/E Growth3.23
Sales & Book Value
Annual Sales$982.57 million
Price / Sales7.45
Cash Flow$4.0101 per share
Price / Cash22.84
Book Value$33.57 per share
Price / Book2.73
Profitability
EPS (Most Recent Fiscal Year)$4.17
Net Income$81.81 million
Net Margins8.01%
Return on Equity2.98%
Return on Assets1.29%
Miscellaneous
Employees2,727
Outstanding Shares79,880,000
Sun Communities (NYSE:SUI) Frequently Asked Questions
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 Wednesday, March 7th. Investors of record on Thursday, March 29th will be paid a dividend of $0.71 per share on Monday, April 16th. This represents a $2.84 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date is Wednesday, March 28th. This is a boost from Sun Communities's previous quarterly dividend of $0.67. View Sun Communities' Dividend History.
How were Sun Communities' earnings last quarter?
Sun Communities (NYSE:SUI) released its quarterly earnings results on Wednesday, February, 21st. The real estate investment trust reported $0.98 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.98. The real estate investment trust earned $242 million during the quarter, compared to the consensus estimate of $207.51 million. Sun Communities had a return on equity of 2.98% and a net margin of 8.01%. The business's revenue was up 10.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.91 earnings per share. View Sun Communities' Earnings History.
When is Sun Communities' next earnings date?
What guidance has Sun Communities issued on next quarter's earnings?
Sun Communities updated its FY18 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of $4.48-4.58 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.53. Sun Communities also updated its Q1 guidance to $1.12-1.14 EPS.
What price target have analysts set for SUI?
5 brokers have issued twelve-month target prices for Sun Communities' shares. Their forecasts range from $86.00 to $97.00. On average, they expect Sun Communities' share price to reach $93.40 in the next twelve months. View Analyst Ratings for Sun Communities.
Who are some of Sun Communities' key competitors?
Some companies that are related to Sun Communities include Realty Income (O), Host Marriott L P (HST), GECINA (GECFF), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Annaly Capital Management (NLY), Extra Space Storage (EXR), HCP (HCP), Mid-America Apartment Communities (MAA), Sino Land (SNLAY), Regency Centers (REG), Iron Mountain (IRM), UDR (UDR), Duke Realty (DRE), SL Green Realty (SLG), Federal Realty Investment Trust (FRT), Macerich (MAC) and Camden Property Trust (CPT).
Who are Sun Communities' key executives?
Sun Communities' management team includes the folowing people:
- Gary A. Shiffman, Chairman & Chief Executive Officer
- John Bandini McLaren, President & Chief Operating Officer
- Karen J. Dearing, CFO, Secretary, Treasurer & Executive VP
- Jonathan M. Colman, Executive Vice President
Has Sun Communities been receiving favorable news coverage?
News stories about SUI stock have been trending somewhat positive on Thursday, Accern reports. Accern rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Sun Communities earned a media sentiment score of 0.07 on Accern's scale. They also assigned media headlines about the real estate investment trust an impact score of 45.82 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
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, Scottrade, Fidelity and Charles Schwab.
What is Sun Communities' stock price today?
One share of SUI stock can currently be purchased for approximately $91.59.
How big of a company is Sun Communities?
Sun Communities has a market capitalization of $7.38 billion and generates $982.57 million in revenue each year. The real estate investment trust earns $81.81 million in net income (profit) each year or $4.17 on an earnings per share basis. Sun Communities employs 2,727 workers across the globe.
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]
MarketBeat Community Rating for Sun Communities (SUI)
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.
Sun Communities (NYSE:SUI) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
5 Wall Street analysts have issued ratings and price targets for Sun Communities in the last 12 months. Their average twelve-month price target is $93.40, suggesting that the stock has a possible upside of 1.98%. The high price target for SUI is $97.00 and the low price target for SUI is $86.00. There are currently 5 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 3.00 | 3.00 | 2.67 | 2.67 |
| Ratings Breakdown: | 0 Sell Rating(s)
0 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $93.40 | $93.40 | $92.00 | $91.3333 |
| Price Target Upside: | 1.98% upside | 10.02% upside | 1.59% upside | 3.98% upside |
Sun Communities (NYSE:SUI) Consensus Price Target History
Sun Communities (NYSE:SUI) Analyst Ratings History
Show:
(Data available from 4/19/2016 forward)
Sun Communities (NYSE:SUI) Dividend Information
Sun Communities pays an annual dividend of $2.84 per share, with a dividend yield of 3.10%. SUI's most recent quarterly dividend payment was Monday, April 16. Sun Communities pays out 68.11% of its earnings out as a dividend.
| Most Recent Dividend: | 4/16/2018 |
| Annual Dividend: | $2.84 |
| Dividend Yield: | 3.10% |
| Dividend Growth: | 1.00% (3 Year Average) |
| Payout Ratio: | 68.11% (Trailing 12 Months of Earnings)
62.56% (Based on This Year's Estimates)
59.17% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
Sun Communities (NYSE:SUI) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/7/2018 | quarterly | $0.71 | 3.26% | 3/28/2018 | 3/29/2018 | 4/16/2018 |
| 12/12/2017 | quarterly | $0.67 | 2.81% | 12/28/2017 | 12/29/2017 | 1/16/2018 |
| 9/8/2017 | Quarterly | $0.67 | 2.98% | 9/28/2017 | 9/29/2017 | 10/16/2017 |
| 5/22/2017 | quarterly | $0.67 | 3.1% | 6/28/2017 | 6/30/2017 | 7/17/2017 |
| 3/3/2017 | quarterly | $0.67 | 3.27% | 3/29/2017 | 3/31/2017 | 4/17/2017 |
| 12/8/2016 | quarterly | $0.65 | 3.5% | 12/28/2016 | 12/31/2016 | 1/20/2017 |
| 9/6/2016 | quarterly | $0.65 | 3.34% | 9/28/2016 | 9/30/2016 | 10/17/2016 |
| 6/7/2016 | quarterly | $0.65 | 3.81% | 6/28/2016 | 6/30/2016 | 7/15/2016 |
| 3/8/2016 | quarterly | $0.65 | 3.89% | 3/29/2016 | 3/31/2016 | 4/15/2016 |
| 9/15/2015 | quarterly | $0.65 | 3.97% | 9/28/2015 | 9/30/2015 | 10/16/2015 |
| 6/5/2015 | quarterly | $0.65 | 4.19% | 6/26/2015 | 6/30/2015 | 7/17/2015 |
| 3/4/2015 | quarterly | $0.65 | 3.88% | 3/27/2015 | 3/31/2015 | 4/17/2015 |
| 12/9/2014 | quarterly | $0.65 | 4.3% | 12/29/2014 | 12/31/2014 | 1/16/2015 |
| 9/17/2014 | quarterly | $0.65 | 4.98% | 9/26/2014 | 9/30/2014 | 10/17/2014 |
| 6/18/2014 | quarterly | $0.65 | 5.13% | 6/26/2014 | 6/30/2014 | 7/18/2014 |
| 3/20/2014 | quarterly | $0.65 | 5.85% | 3/27/2014 | 3/31/2014 | 4/17/2014 |
| 12/18/2013 | quarterly | $0.63 | 5.97% | 12/27/2013 | 12/31/2013 | 1/17/2014 |
| 9/20/2013 | quarterly | $0.63 | 5.54% | 9/26/2013 | 9/30/2013 | 10/18/2013 |
| 6/18/2013 | quarterly | $0.63 | 4.9% | 6/26/2013 | 6/28/2013 | 7/19/2013 |
| 3/22/2013 | quarterly | $0.63 | 5.29% | 3/27/2013 | 4/1/2013 | 4/19/2013 |
| 12/24/2012 | quarterly | $0.63 | 6.31% | 12/27/2012 | 12/31/2012 | 1/18/2013 |
(Data available from 1/1/2013 forward)
Sun Communities (NYSE SUI) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 3.69%
Institutional Ownership Percentage: 94.71%
Sun Communities (NYSE SUI) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 2/23/2018 | Clunet R Lewis | Director | Sell | 2,200 | $87.84 | $193,248.00 | 19,400 |  |
| 11/7/2017 | Jonathan Colman | EVP | Sell | 2,000 | $93.21 | $186,420.00 | | |
| 9/29/2017 | Jonathan Colman | EVP | Sell | 3,000 | $85.44 | $256,320.00 | 33,985 | |
| 9/26/2017 | Clunet R Lewis | Director | Sell | 5,292 | $86.20 | $456,170.40 | 18,800 | |
| 9/25/2017 | Clunet R Lewis | Director | Sell | 1,292 | $86.52 | $111,783.84 | 18,800 | |
| 8/2/2017 | John Bandini Mclaren | COO | Sell | 5,400 | $88.43 | $477,522.00 | 153,159 | |
| 7/17/2017 | Clunet R Lewis | Director | Buy | 127 | $86.33 | $10,963.91 | 18,800 | |
| 4/17/2017 | Clunet R Lewis | Director | Buy | 131 | $82.77 | $10,842.87 | 18,800 | |
| 3/20/2017 | John Bandini Mclaren | COO | Sell | 980 | $73.49 | $72,020.20 | 160,943 | |
| 2/27/2017 | Clunet R Lewis | Director | Sell | 2,000 | $83.12 | $166,240.00 | 18,800 | |
| 12/23/2016 | Jonathan Colman | EVP | Sell | 3,000 | $75.00 | $225,000.00 | 37,206 | |
| 11/17/2016 | Stephanie W Bergeron | Director | Sell | 4,850 | $70.63 | $342,555.50 | 16,000 | |
| 8/3/2016 | Clunet R Lewis | Director | Sell | 1,800 | $78.16 | $140,688.00 | 18,400 | |
| 6/30/2016 | Gary A Shiffman | CEO | Sell | 18,642 | $75.67 | $1,410,640.14 | 1,326,790 | |
| 6/29/2016 | Gary A Shiffman | CEO | Sell | 21,570 | $75.71 | $1,633,064.70 | 1,348,460 | |
| 6/8/2016 | Paul D Lapides | Director | Sell | 6,127 | $68.23 | $418,045.21 | 12,400 | |
| 11/12/2015 | John Bandini Mclaren | COO | Sell | 5,000 | $62.00 | $310,000.00 | 112,616 | |
| 6/19/2015 | Randall K Rowe | Director | Buy | 25,664 | $50.00 | $1,283,200.00 | | |
| 1/7/2015 | John Bandini Mclaren | COO | Sell | 1,725 | $63.39 | $109,347.75 | | |
| 12/9/2014 | Clunet R Lewis | Director | Sell | 1,929 | $59.27 | $114,331.83 | | |
| 8/5/2013 | John Bandini Mclaren | COO | Sell | 2,000 | $48.67 | $97,340.00 | 57,296 | |
| 8/1/2013 | Karen Dearing | CFO | Sell | 3,000 | $48.65 | $145,950.00 | | |
(Data available from 1/1/2013 forward)
Sun Communities (NYSE SUI) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Sun Communities (SUI) Cut to Hold at BidaskClub
www.americanbankingnews.com - April 19 at 12:49 PM |
| Sun Communities (SUI) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - April 18 at 4:02 AM |
| Sun Communities (SUI) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - April 13 at 8:19 PM |
| Zacks Investment Research Lowers Sun Communities (SUI) to Hold
www.americanbankingnews.com - April 12 at 11:21 AM |
| Sun Communities (SUI) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - April 12 at 9:33 AM |
| Sun Communities Sees Unusually High Options Volume (SUI)
www.americanbankingnews.com - April 10 at 7:45 AM |
| Sun Communities (SUI) Lifted to Buy at Zacks Investment Research
www.americanbankingnews.com - April 5 at 1:55 PM |
| Zacks Investment Research Downgrades Sun Communities (SUI) to Hold
www.americanbankingnews.com - April 3 at 11:39 AM |
 | Buy Good Dividend Stocks, Not Failures
seekingalpha.com - March 30 at 8:55 AM |
| Sun Communities (SUI) Upgraded at Zacks Investment Research
www.americanbankingnews.com - March 29 at 1:58 PM |
| Sun Communities (SUI) Rating Increased to Outperform at Robert W. Baird
www.americanbankingnews.com - March 25 at 7:44 AM |
 | Sun Communities Inc (NYSE:SUI): What You Have To Know Before Buying For The Upcoming Dividend
finance.yahoo.com - March 24 at 5:31 PM |
| UPDATED: Sun Communities, Inc. Announces Date for First Quarter 2018 Conference Call
finance.yahoo.com - March 22 at 5:17 PM |
| 3 Great REITs to Buy Right Now
finance.yahoo.com - March 21 at 5:19 PM |
| Sun Communities (SUI) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - March 20 at 11:13 AM |
| Sun Communities Inc (SUI) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - March 18 at 9:42 AM |
| Sun Communities (SUI) Upgraded to Buy by ValuEngine
www.americanbankingnews.com - March 16 at 12:16 AM |
| Sun Communities (SUI) Stock Rating Lowered by ValuEngine
www.americanbankingnews.com - March 11 at 9:02 PM |
 | Five things you need to know today, and the climate is a Dumpster fire
www.bizjournals.com - March 8 at 9:59 AM |
| Sun Communities Inc (SUI) Declares Quarterly Dividend of $0.71
www.americanbankingnews.com - March 7 at 5:26 PM |
| Sun Communities, Inc. Declares First Quarter 2018 Dividends
finance.yahoo.com - March 6 at 9:10 AM |
| Sun Communities, Inc. Announces Dates for First Quarter 2018 Earnings Release and Conference Call
finance.yahoo.com - March 5 at 9:43 AM |
| Landscape Capital Management L.L.C. Cuts Stake in Sun Communities Inc (SUI)
www.americanbankingnews.com - March 4 at 2:29 PM |
| Rhumbline Advisers Has $8.44 Million Stake in Sun Communities Inc (SUI)
www.americanbankingnews.com - March 4 at 10:26 AM |
| Starwood Waypoint Homes (SFR) vs. Sun Communities (SUI) Head to Head Contrast
www.americanbankingnews.com - March 4 at 9:28 AM |
| Sun Communities Inc (SUI) Holdings Lifted by Kennedy Capital Management Inc.
www.americanbankingnews.com - March 3 at 3:30 PM |
| Sun Communities Inc (SUI) Shares Bought by UBS Asset Management Americas Inc.
www.americanbankingnews.com - March 2 at 7:52 PM |
| Sun Communities Inc (SUI) Position Boosted by BlackRock Inc.
www.americanbankingnews.com - March 1 at 5:08 AM |
| Sun Communities (SUI) Presents At Wells Fargo 21st Annual Real Estate Securities Conference - Slideshow
seekingalpha.com - February 28 at 5:10 PM |
| Sun Communities Inc (SUI) Position Decreased by Cbre Clarion Securities LLC
www.americanbankingnews.com - February 26 at 12:18 PM |
| Sun Communities Inc (SUI) Stake Raised by California Public Employees Retirement System
www.americanbankingnews.com - February 26 at 4:29 AM |
| BMO Capital Markets Reiterates $97.00 Price Target for Sun Communities (SUI)
www.americanbankingnews.com - February 25 at 1:38 PM |
| Sun Communities Inc (SUI) Holdings Raised by Martingale Asset Management L P
www.americanbankingnews.com - February 24 at 4:08 PM |
| Clunet R. Lewis Sells 2,200 Shares of Sun Communities Inc (SUI) Stock
www.americanbankingnews.com - February 23 at 6:50 PM |
| Sun Communities, Inc. Reports 2017 Fourth Quarter Results
finance.yahoo.com - February 22 at 8:45 AM |
| Sun Communities (SUI) Releases Earnings Results, Beats Expectations By $0.78 EPS
www.americanbankingnews.com - February 21 at 10:30 PM |
| Sun Communities (SUI) Releases Q1 Earnings Guidance
www.americanbankingnews.com - February 21 at 9:12 PM |
| Sun Communities (SUI) Issues FY18 Earnings Guidance
www.americanbankingnews.com - February 21 at 9:12 PM |
| Sun Communities Inc (SUI) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - February 21 at 9:47 AM |
| Financial Survey: Sun Communities (SUI) vs. Silver Bay Realty Trust (SBY)
www.americanbankingnews.com - February 15 at 8:58 AM |
| Sun Communities, Inc. (SUI) Announces Distribution Increase
finance.yahoo.com - February 14 at 6:55 AM |
| Sun Communities (SUI) to Release Quarterly Earnings on Wednesday
www.americanbankingnews.com - February 14 at 2:38 AM |
| Reviewing American Residential Properties (ARPI) and Sun Communities (SUI)
www.americanbankingnews.com - February 12 at 7:22 PM |
 | Baird Upgrades Sun Communities (SUI) to Outperform
www.streetinsider.com - February 8 at 3:26 PM |
| Silver Bay Realty Trust (SBY) versus Sun Communities (SUI) Head-To-Head Contrast
www.americanbankingnews.com - February 3 at 3:14 AM |
| Sun Communities Inc (SUI) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - January 27 at 10:34 AM |
 | SUI Breaks Above 3% Yield Territory
www.nasdaq.com - January 27 at 6:52 AM |
| Head-To-Head Analysis: Associated Estates Realty (AEC) and Sun Communities (SUI)
www.americanbankingnews.com - January 21 at 7:22 PM |
| Sun Communities, Inc. Announces Tax Treatment of 2017 Distributions - Nasdaq
www.nasdaq.com - January 19 at 5:03 AM |
| Sun Communities, Inc. Announces Tax Treatment of 2017 Distributions
finance.yahoo.com - January 17 at 11:19 AM |
Sun Communities (NYSE:SUI) SEC Filings
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Sun Communities (NYSE:SUI) Income Statement, Balance Sheet and Cash Flow Statement
Sun Communities (NYSE SUI) Stock Chart for Thursday, April, 19, 2018
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