S&P 500   4,235.66 (-1.12%)
DOW   33,772.11 (-0.67%)
QQQ   323.66 (-1.71%)
AAPL   172.09 (-1.18%)
MSFT   287.48 (-0.93%)
META   168.82 (-3.34%)
GOOGL   118.23 (-1.61%)
AMZN   139.32 (-2.09%)
TSLA   884.41 (-2.66%)
NVDA   179.90 (-4.17%)
NIO   19.13 (-3.92%)
BABA   89.64 (-1.21%)
AMD   96.71 (-3.71%)
T   18.42 (-0.05%)
MU   60.97 (-3.19%)
CGC   3.77 (-1.05%)
F   15.92 (-1.42%)
GE   77.61 (-2.02%)
DIS   120.11 (-2.09%)
AMC   18.71 (-3.01%)
PYPL   96.66 (-3.20%)
PFE   49.33 (+1.54%)
NFLX   236.80 (-3.41%)
S&P 500   4,235.66 (-1.12%)
DOW   33,772.11 (-0.67%)
QQQ   323.66 (-1.71%)
AAPL   172.09 (-1.18%)
MSFT   287.48 (-0.93%)
META   168.82 (-3.34%)
GOOGL   118.23 (-1.61%)
AMZN   139.32 (-2.09%)
TSLA   884.41 (-2.66%)
NVDA   179.90 (-4.17%)
NIO   19.13 (-3.92%)
BABA   89.64 (-1.21%)
AMD   96.71 (-3.71%)
T   18.42 (-0.05%)
MU   60.97 (-3.19%)
CGC   3.77 (-1.05%)
F   15.92 (-1.42%)
GE   77.61 (-2.02%)
DIS   120.11 (-2.09%)
AMC   18.71 (-3.01%)
PYPL   96.66 (-3.20%)
PFE   49.33 (+1.54%)
NFLX   236.80 (-3.41%)
S&P 500   4,235.66 (-1.12%)
DOW   33,772.11 (-0.67%)
QQQ   323.66 (-1.71%)
AAPL   172.09 (-1.18%)
MSFT   287.48 (-0.93%)
META   168.82 (-3.34%)
GOOGL   118.23 (-1.61%)
AMZN   139.32 (-2.09%)
TSLA   884.41 (-2.66%)
NVDA   179.90 (-4.17%)
NIO   19.13 (-3.92%)
BABA   89.64 (-1.21%)
AMD   96.71 (-3.71%)
T   18.42 (-0.05%)
MU   60.97 (-3.19%)
CGC   3.77 (-1.05%)
F   15.92 (-1.42%)
GE   77.61 (-2.02%)
DIS   120.11 (-2.09%)
AMC   18.71 (-3.01%)
PYPL   96.66 (-3.20%)
PFE   49.33 (+1.54%)
NFLX   236.80 (-3.41%)
S&P 500   4,235.66 (-1.12%)
DOW   33,772.11 (-0.67%)
QQQ   323.66 (-1.71%)
AAPL   172.09 (-1.18%)
MSFT   287.48 (-0.93%)
META   168.82 (-3.34%)
GOOGL   118.23 (-1.61%)
AMZN   139.32 (-2.09%)
TSLA   884.41 (-2.66%)
NVDA   179.90 (-4.17%)
NIO   19.13 (-3.92%)
BABA   89.64 (-1.21%)
AMD   96.71 (-3.71%)
T   18.42 (-0.05%)
MU   60.97 (-3.19%)
CGC   3.77 (-1.05%)
F   15.92 (-1.42%)
GE   77.61 (-2.02%)
DIS   120.11 (-2.09%)
AMC   18.71 (-3.01%)
PYPL   96.66 (-3.20%)
PFE   49.33 (+1.54%)
NFLX   236.80 (-3.41%)

Sun Communities - SUI Stock Forecast, Price & News

$168.45
-0.77 (-0.46%)
(As of 08/19/2022 10:39 AM ET)
Add
Compare
Today's Range
$167.60
$169.31
50-Day Range
$150.91
$171.69
52-Week Range
$148.64
$211.79
Volume
4,006 shs
Average Volume
635,375 shs
Market Capitalization
$20.77 billion
P/E Ratio
61.70
Dividend Yield
2.05%
Price Target
$204.75

Sun Communities MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
21.0% Upside
$204.75 Price Target
Short Interest
Healthy
1.75% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.93
Upright™ Environmental Score
News Sentiment
0.28mentions of Sun Communities in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$1.81 M Sold Last Quarter
Proj. Earnings Growth
6.23%
From $7.22 to $7.67 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

Finance Sector

565th out of 914 stocks

Real Estate Investment Trusts Industry

110th out of 195 stocks

SUI stock logo

About Sun Communities (NYSE:SUI) Stock

Sun Communities, Inc. is a REIT that, as of March 31, 2022, owned, operated, or had an interest in a portfolio of 603 developed MH, RV and marina properties comprising nearly 159,300 developed sites and over 45,700 wet slips and dry storage spaces in 39 states, Canada, Puerto Rico and the UK.

Sun Communities Trading Down 1.2 %

NYSE:SUI traded down $2.14 on Thursday, reaching $169.22. The stock had a trading volume of 456,518 shares, compared to its average volume of 625,048. The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 0.89. The stock has a fifty day moving average price of $160.84 and a two-hundred day moving average price of $171.16. Sun Communities has a 12-month low of $148.64 and a 12-month high of $211.79. The firm has a market capitalization of $20.87 billion, a price-to-earnings ratio of 62.77, a P/E/G ratio of 2.79 and a beta of 0.60.

Sun Communities (NYSE:SUI - Get Rating) last posted its quarterly earnings data on Monday, July 25th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.80 by ($0.19). Sun Communities had a net margin of 12.33% and a return on equity of 4.42%. During the same period in the previous year, the company posted $1.80 earnings per share. As a group, sell-side analysts forecast that Sun Communities will post 7.24 EPS for the current fiscal year.

Sun Communities Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 15th. Investors of record on Thursday, June 30th were paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 2.08%. The ex-dividend date of this dividend was Wednesday, June 29th. Sun Communities's payout ratio is currently 128.94%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. BMO Capital Markets lowered their price objective on Sun Communities from $202.00 to $185.00 and set a "buy" rating on the stock in a research note on Friday, July 1st. JMP Securities dropped their price objective on shares of Sun Communities from $220.00 to $200.00 and set a "market outperform" rating for the company in a report on Thursday, July 28th. Barclays reduced their target price on shares of Sun Communities from $230.00 to $210.00 and set an "overweight" rating on the stock in a research note on Friday, July 1st. Truist Financial increased their price target on shares of Sun Communities from $185.00 to $193.00 in a research note on Wednesday. Finally, Evercore ISI set a $194.00 price target on shares of Sun Communities in a report on Monday, June 20th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $204.75.

Insiders Place Their Bets

In other Sun Communities news, EVP Bruce Thelen sold 6,892 shares of the business's stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $165.40, for a total value of $1,139,936.80. Following the completion of the transaction, the executive vice president now owns 25,120 shares in the company, valued at $4,154,848. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Sun Communities news, Director Clunet R. Lewis sold 4,400 shares of the firm's stock in a transaction on Wednesday, June 15th. The stock was sold at an average price of $153.39, for a total value of $674,916.00. Following the sale, the director now directly owns 26,400 shares in the company, valued at $4,049,496. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Bruce Thelen sold 6,892 shares of the company's stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $165.40, for a total transaction of $1,139,936.80. Following the completion of the transaction, the executive vice president now owns 25,120 shares of the company's stock, valued at approximately $4,154,848. The disclosure for this sale can be found here. 2.25% of the stock is owned by company insiders.

Receive SUI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Sun Communities and its competitors with MarketBeat's FREE daily newsletter.

SUI Stock News Headlines

Sun Communities Inc
Sun Communities, Inc. (NYSE:SUI) Short Interest Update
Where Sun Communities Stands With Analysts
Sun Communities declares $0.88 dividend
See More Headlines
Receive SUI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Sun Communities and its competitors with MarketBeat's FREE daily newsletter.

SUI Company Calendar

Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Last Earnings
7/25/2022
Today
8/19/2022
Next Earnings (Estimated)
10/24/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Residential REITs
Sector
Finance
CUSIP
86667410
Employees
5,961
Year Founded
1993

Price Target and Rating

Average Stock Price Forecast
$204.75
High Stock Price Forecast
$227.00
Low Stock Price Forecast
$185.00
Forecasted Upside/Downside
+21.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$392.25 million
Pretax Margin
15.76%

Debt

Sales & Book Value

Annual Sales
$2.27 billion
Cash Flow
$7.53 per share
Book Value
$63.50 per share

Miscellaneous

Free Float
120,549,000
Market Cap
$20.77 billion
Optionable
Optionable
Beta
0.60

Social Links


Key Executives

  • Mr. Gary A. ShiffmanMr. Gary A. Shiffman (Age 68)
    Chairman & CEO
    Comp: $2.66M
  • Mr. John Bandini McLaren (Age 51)
    Pres & COO
    Comp: $1.92M
  • Ms. Karen J. DearingMs. Karen J. Dearing (Age 57)
    Exec. VP of Special Projects, Treasurer & Sec.
    Comp: $1.77M
  • Mr. Bruce D. Thelen (Age 37)
    Exec. VP of Operations & Sales
    Comp: $1.1M
  • Mr. Aaron Weiss (Age 45)
    Exec. VP of Corp. Strategy & Bus. Devel.
    Comp: $877.63k
  • Mr. Fernando Castro-Caratini
    Exec. VP & CFO
  • Mr. Baxter R. Underwood (Age 44)
    Pres & CEO of Safe Harbor Marinas, LLC













SUI Stock - Frequently Asked Questions

Should I buy or sell Sun Communities stock right now?

7 Wall Street equities 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 equities research analysts is that investors should "buy" SUI shares.
View SUI analyst ratings
or view top-rated stocks.

What is Sun Communities' stock price forecast for 2022?

7 equities research analysts have issued 12-month target prices for Sun Communities' stock. Their SUI share price forecasts range from $185.00 to $227.00. On average, they anticipate the company's stock price to reach $204.75 in the next twelve months. This suggests a possible upside of 21.0% from the stock's current price.
View analysts price targets for SUI
or view top-rated stocks among Wall Street analysts.

How have SUI shares performed in 2022?

Sun Communities' stock was trading at $209.97 at the beginning of the year. Since then, SUI shares have decreased by 19.4% and is now trading at $169.22.
View the best growth stocks for 2022 here
.

Are investors shorting Sun Communities?

Sun Communities saw a decrease in short interest during the month of July. As of July 15th, there was short interest totaling 2,260,000 shares, a decrease of 36.3% from the June 30th total of 3,550,000 shares. Based on an average daily trading volume, of 595,700 shares, the short-interest ratio is presently 3.8 days.
View Sun Communities' Short Interest
.

When is Sun Communities' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our SUI earnings forecast
.

How were Sun Communities' earnings last quarter?

Sun Communities, Inc. (NYSE:SUI) issued its quarterly earnings data on Monday, July, 25th. The real estate investment trust reported $0.61 EPS for the quarter, missing the consensus estimate of $0.80 by $0.19. Sun Communities had a net margin of 12.33% and a trailing twelve-month return on equity of 4.42%. During the same period last year, the company earned $1.80 EPS.

How often does Sun Communities pay dividends? What is the dividend yield for Sun Communities?

Sun Communities declared a quarterly dividend on Wednesday, June 1st. Stockholders of record on Thursday, June 30th will be paid a dividend of $0.88 per share on Friday, July 15th. This represents a $3.52 annualized dividend and a yield of 2.08%. The ex-dividend date is Wednesday, June 29th.
Read our dividend analysis for SUI
.

Is Sun Communities a good dividend stock?

Sun Communities (NYSE:SUI) pays an annual dividend of $3.52 per share and currently has a dividend yield of 2.05%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 128.94%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SUI will have a dividend payout ratio of 45.89% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SUI.

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

Sun Communities updated its third quarter 2022 earnings guidance on Monday, August, 1st. The company provided earnings per share (EPS) guidance of $2.52-$2.57 for the period. The company issued revenue guidance of -.

What is Gary A. Shiffman's approval rating as Sun Communities' CEO?

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

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 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 Walt Disney (DIS).

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 a variety of retail and institutional investors. Top institutional shareholders include State Street Corp (4.62%), JPMorgan Chase & Co. (4.42%), Principal Financial Group Inc. (3.82%), Massachusetts Financial Services Co. MA (1.69%), FMR LLC (1.66%) and Echo Street Capital Management LLC (1.03%). Insiders that own company stock include Arthur A Weiss, Brian M Hermelin, Bruce Thelen, Clunet R Lewis, Gary A Shiffman, Gary A Shiffman, John Bandini Mclaren, Karen Dearing and Stephanie W Bergeron.
View institutional ownership trends
.

How do I buy shares of Sun Communities?

Shares of SUI stock 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.
Compare Top Brokerages Here.

What is Sun Communities' stock price today?

One share of SUI stock can currently be purchased for approximately $169.22.

How much money does Sun Communities make?

Sun Communities (NYSE:SUI) has a market capitalization of $20.87 billion and generates $2.27 billion in revenue each year. The real estate investment trust earns $392.25 million in net income (profit) each year or $2.73 on an earnings per share basis.

How many employees does Sun Communities have?

The company employs 5,961 workers across the globe.

When was Sun Communities founded?

Sun Communities was founded in 1993.

How can I contact Sun Communities?

Sun Communities' mailing address is 27777 FRANKLIN ROAD SUITE 200, SOUTHFIELD MI, 48034. The official website for the company is www.suncommunities.com. The real estate investment trust can be reached via phone at (248) 208-2500, via email at investorrelations@suncommunities.com, or via fax at 248-932-3072.

This page (NYSE:SUI) was last updated on 8/19/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.