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 declared 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 yield of 1.79%. The ex-dividend date of this dividend is Monday, December 30th. View Sun Communities' Dividend History.

Sun Communities Inc (NYSE:SUI) released its quarterly earnings results on Wednesday, October, 23rd. The real estate investment trust reported $0.63 EPS for the quarter, missing the Zacks' consensus estimate of $0.68 by $0.05. The real estate investment trust had revenue of $362.44 million for the quarter, compared to the consensus estimate of $321.14 million. Sun Communities's revenue for the quarter was up 12.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.35 earnings per share. View Sun Communities' Earnings History.

Sun Communities is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Sun Communities.

Sun Communities will be holding an earnings conference call on Wednesday, February 19th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 equities research analysts have issued twelve-month price targets for Sun Communities' stock. Their forecasts range from $132.00 to $137.00. On average, they anticipate Sun Communities' stock price to reach $134.50 in the next twelve months. This suggests that the stock has a possible downside of 19.9%. 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.

Media stories about SUI stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sun Communities earned a coverage optimism score of 1.8 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate 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 daily volume of 612,100 shares, the days-to-cover ratio is presently 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), Equity Lifestyle Properties (ELS), Camden Property Trust (CPT), Apartment Investment and Management (AIV), American Campus Communities (ACC), UDR (UDR) 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), Alibaba Group (BABA), Verizon Communications (VZ), 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%), Principal Financial Group Inc. (3.11%), Cohen & Steers Inc. (2.08%), Massachusetts Financial Services Co. MA (1.97%), FMR LLC (1.84%) and PGGM Investments (1.80%). 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, Echo Street Capital Management LLC, Bank of New York Mellon Corp, Comerica Bank and Russell Investments Group Ltd.. 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 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, Massachusetts Financial Services Co. MA and Cubist Systematic Strategies 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 $167.99.