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 announced a quarterly dividend on Wednesday, November 27th. Investors of record on Tuesday, December 31st will be given a dividend of $0.75 per share on Wednesday, January 15th. This represents a $3.00 annualized dividend and a dividend yield of 1.74%. The ex-dividend date is Monday, December 30th. View Sun Communities' Dividend History.

Sun Communities Inc (NYSE:SUI) issued its quarterly earnings data on Wednesday, October, 23rd. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.68 by $0.05. The real estate investment trust had revenue of $362.44 million for the quarter, compared to analysts' expectations of $321.14 million. Sun Communities had a return on equity of 4.25% and a net margin of 11.62%. The business's revenue was up 12.1% on a year-over-year basis. During the same quarter last year, the business posted $1.35 EPS. View Sun Communities' Earnings History.

Sun Communities is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Sun Communities.

Sun Communities issued an update on its FY20 earnings guidance on Wednesday, February, 19th. The company provided earnings per share guidance of $5.20-5.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.28.

2 brokerages have issued twelve-month target prices for Sun Communities' stock. Their forecasts range from $132.00 to $137.00. On average, they anticipate Sun Communities' share price to reach $134.50 in the next twelve months. This suggests that the stock has a possible downside of 22.0%. 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.

Press coverage about SUI stock has trended positive on Friday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. 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 news impact score of 2.5 on InfoTrie's scale. They also assigned news headlines 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 stock's share price in the near future. View News Stories for Sun Communities.

Sun Communities saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 866,000 shares, a decrease of 13.1% from the January 15th total of 996,000 shares. Based on an average trading volume of 612,100 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.0% of the shares of the company 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 NVIDIA (NVDA), Verizon Communications (VZ), Alibaba Group (BABA), Arch Capital Group (ACGL), Fortinet (FTNT), Chipotle Mexican Grill (CMG), NextEra Energy (NEE), Paypal (PYPL), Xilinx (XLNX) and Home Depot (HD).

Sun Communities' stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (4.54%), Capital World Investors (3.92%), Principal Financial Group Inc. (3.11%), Cohen & Steers Inc. (2.08%), Massachusetts Financial Services Co. MA (1.97%) and FMR LLC (1.84%). 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 Cohen & Steers Inc., Daiwa Securities Group Inc., Envestnet Asset Management Inc., State Street Corp, Alliancebernstein L.P., Echo Street Capital Management LLC, Bank of New York Mellon Corp and Comerica Bank. 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 bought by a variety of institutional investors in the last quarter, including Capital World Investors, Bank of America Corp DE, California Public Employees Retirement System, PGGM Investments, Anchor Capital Advisors LLC, Steward Partners Investment Advisory LLC, Summit Wealth Group LLC and Geode Capital Management LLC. 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 $172.35.

Sun Communities has a market capitalization of $15.97 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]