Sun Communities, Inc. (SUI)

NYSE: SUI · Real-Time Price · USD
126.26
-0.35 (-0.28%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.28%
Market Cap 16.45B
Revenue (ttm) 3.19B
Net Income (ttm) 231.20M
Shares Out 130.31M
EPS (ttm) 1.87
PE Ratio 67.55
Forward PE 61.59
Dividend $3.76 (2.98%)
Ex-Dividend Date Sep 30, 2024
Volume 861,334
Open 126.00
Previous Close 126.61
Day's Range 125.16 - 127.06
52-Week Range 110.98 - 147.83
Beta 0.92
Analysts Buy
Price Target 139.92 (+10.82%)
Earnings Date Nov 6, 2024

About SUI

Established in 1975, Sun Communities, Inc. became a publicly owned corporation in December 1993. The Company is a fully integrated REIT listed on the New York Stock Exchange under the symbol: SUI. As of December 31, 2023, the Company owned, operated, or had an interest in a portfolio of 667 developed MH, RV and Marina properties comprising 179,310 developed sites and approximately 48,030 wet slips and dry storage spaces in the U.S., the UK and Canada. [Read more]

Sector Real Estate
IPO Date Dec 8, 1993
Employees 6,780
Stock Exchange NYSE
Ticker Symbol SUI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for SUI stock is "Buy." The 12-month stock price forecast is $139.92, which is an increase of 10.82% from the latest price.

Price Target
$139.92
(10.82% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sun Communities: A Resilient REIT With Solid, Long-Term Upside Potential For Your Portfolio

Sun Communities, a manufactured housing REIT, faces macroeconomic headwinds but remains fundamentally strong with resilient occupancy and solid balance sheet. Despite current challenges, Sun Communiti...

6 days ago - Seeking Alpha

BofA Analyst Doubles Down On Veris Residential Growth, Downgrades Sun Communities - Here's Why

BofA Securities analyst Joshua Dennerlein revised ratings on residential REITs, Veris Residential, Inc. VRE and Sun Communities, Inc. SUI.

Other symbols: VRE
8 days ago - Benzinga

Managing Risk Is What Separates The Best From The Rest

Successful investing requires second-level thinking, which involves deeper analysis beyond simple formulas, as highlighted by Howard Marks in "The Most Important Thing". Iron Mountain's transformation...

Other symbols: IRMO
9 days ago - Seeking Alpha

Sun Communities Is A Bargain After Bad Quarter

Sun Communities had a disappointing quarter, with Core FFO and annual guidance falling below consensus estimates due to non-recurring overhead expenses and increased property operating costs. Manageme...

11 days ago - Seeking Alpha

Sun Communities, Inc. (SUI) Q3 2024 Earnings Conference Call Transcript

Sun Communities, Inc. (SUI) Q3 2024 Earnings Conference Call Transcript

14 days ago - Seeking Alpha

Sun Communities, Inc. Announces Restructuring and CEO Retirement

Implementing Comprehensive Restructuring and Cost Cutting Plan Expected to Save $15 - $20 million annually; John McLaren to Return to Company as President; CEO Gary Shiffman to Retire in 2025 Implemen...

14 days ago - GlobeNewsWire

Dividend Wins: 3 Great Picks To Fuel Growth And Beat Inflation

I'm sharing three of my top dividend picks, chosen for their steady growth and resilience in any market, designed to fuel portfolios with inflation-beating potential. Each of these stocks combines rob...

Other symbols: KMIWM
20 days ago - Seeking Alpha

Sun Communities, Inc. Announces Date for Third Quarter 2024 Earnings Release and Conference Call

Southfield, MI, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured...

26 days ago - GlobeNewsWire

SUN COMMUNITIES INVESTOR REMINDER: Scott+Scott Attorneys at Law LLP Investigates Sun Communities, Inc.'s Directors and Officers for Breach of Fiduciary Duties – SUI

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the leadership of Sun Communities...

5 weeks ago - Business Wire

Sun Communities Inc. Investors Who Have Lost Money Should Contact Block & Leviton to Find Out How They Might Recover Money Through The Firm's Investigation

Block & Leviton is investigating Sun Communities for securities fraud. Investors who lost money in Sun Communities should contact the firm to learn more.

5 weeks ago - GlobeNewsWire

SUI: Why is the Stock Surging Today?

Sui (SUI, Financial) has seen a recent downward movement in its stock price, with a decline of 2.17%, reflecting a percentage change of -1.67%. This decline comes amid significant activity in Sui's cr...

6 weeks ago - GuruFocus

Sun Communities (SUI) Investigated by Block & Leviton for Potential Securities Law Violations; Investors Who Have Lost Money Should Contact the Firm

BOSTON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Sun Communities, Inc. (NYSE: SUI) for potential securities law violations. Investors who have lost money in their Sun Communi...

7 weeks ago - GlobeNewsWire

Sun Communities, Inc. Provides Preliminary Assessment of Hurricane Helene Impact

Southfield, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured hou...

7 weeks ago - GlobeNewsWire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Sun Communities, Inc. (SUI) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Sun Communities, ...

7 weeks ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of Sun Communities, Inc. (SUI) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Sun Communities, Inc. (“Sun Communities” or the “Company”) (NYSE: SUI) on behalf of investors concerning th...

7 weeks ago - Business Wire

Sun Communities, Inc. Investors Who Have Lost Money Should Contact Block & Leviton to Find Out How They Might Recover Money Through The Firm's Investigation

BOSTON, MA / ACCESSWIRE / September 26, 2024 / Block & Leviton is investigating Sun Communities, Inc. (NYSE:SUI) for potential securities law violations. Investors who have lost money in their Sun Com...

7 weeks ago - Accesswire

Wall Street's Most Accurate Analysts Spotlight On 3 Real Estate Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: BDNSVC
7 weeks ago - Benzinga

Investigation into Sun Communities Underway: Johnson Fistel, LLP Digs into Alleged Securities Law Violations - What Shareholders Need to Know

SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of securities laws by Sun Communities (NYSE: SUI). We are looking into whether the Com...

2 months ago - Business Wire

Aligned Data Centers Appoints Meghan Baivier as Chief Financial Officer

Aligned announces the appointment of Meghan Baivier as CFO. In addition, the company announces the transition of Anubhav Raj to Chief Investment Officer.

Other symbols: DEA
2 months ago - GlobeNewsWire

The Impressive Durability Of REIT Investments

REIT bankruptcies are incredibly rare. The nature of their business is very resilient. I present 5 reasons that make most REITs quasi indestructible.

Other symbols: AMHAMTDLRESSLANDMDVO
2 months ago - Seeking Alpha