Sun Communities, Inc. (SUI)

NYSE: SUI · IEX Real-Time Price · USD
123.27
+1.50 (1.23%)
At close: Sep 25, 2023, 4:00 PM
121.09
-2.18 (-1.77%)
Pre-market: Sep 26, 2023, 7:54 AM EDT
1.23%
Market Cap 15.97B
Revenue (ttm) 3.12B
Net Income (ttm) 227.00M
Shares Out 129.53M
EPS (ttm) 1.83
PE Ratio 67.36
Forward PE 49.43
Dividend $3.72 (3.02%)
Ex-Dividend Date Sep 28, 2023
Volume 486,850
Open 121.33
Previous Close 121.77
Day's Range 121.13 - 123.52
52-Week Range 117.63 - 163.83
Beta 0.72
Analysts Buy
Price Target 151.75 (+23.1%)
Earnings Date Oct 25, 2023

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 June 30, 2023, the Company owned, operated, or had an interest in a portfolio of 671 developed MH, RV and Marina properties comprising approximately 180,060 developed sites and approximately 48,180 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 7,594
Stock Exchange NYSE
Ticker Symbol SUI
Full Company Profile

Financial Performance

In 2022, SUI's revenue was $2.97 billion, an increase of 30.67% compared to the previous year's $2.27 billion. Earnings were $242.00 million, a decrease of -36.35%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for SUI stock is "Buy." The 12-month stock price forecast is $151.75, which is an increase of 23.10% from the latest price.

Price Target
$151.75
(23.10% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sun Communities, Inc. Announces Dates for Third Quarter 2023 Earnings Release and Conference Call

Southfield, MI, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufacture...

16 hours ago - GlobeNewsWire

Sun Communities, Inc. to Present at Bank of America's 2023 Global Real Estate Conference

Southfield, MI, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufacture...

14 days ago - GlobeNewsWire

Sun Communities, Inc. Declares Third Quarter 2023 Distribution

Southfield, Aug. 17, 2023 (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...

5 weeks ago - GlobeNewsWire

Daily Dividend Report: Sun Communities, AECOM, The TJX Companies, Johnson Controls International, UnitedHealth Group

Daily Dividend Report: Sun Communities, AECOM, The TJX Companies, Johnson Controls International, UnitedHealth Group

Other symbols: ACMJCITJXUNH
3 months ago - Forbes

Sun Communities, Inc. Announces Dates for Second Quarter 2023 Earnings Release and Conference Call

Southfield, MI, June 06, 2023 (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...

3 months ago - GlobeNewsWire

Sun Communities, Inc. Declares Second Quarter 2023 Distribution

Southfield, MI, June 06, 2023 (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...

3 months ago - GlobeNewsWire

Sun Communities, Inc. to Present at Nareit's REITweek: 2023 Investor Conference

Southfield, MI, June 01, 2023 (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...

4 months ago - GlobeNewsWire

Sun Communities, Inc. Releases 2022 ESG Report

Southfield, MI, May 08, 2023 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (“Sun” or the “Company”), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manu...

5 months ago - GlobeNewsWire

Sun Communities, Inc. Reports 2023 First Quarter Results

Real Property Revenue Increased 13.8% , Year-over-Year Net L oss per Diluted Share of $0.24 Core FFO per Share of $1.23 Exceeded Midpoint of Guidance by 4.7%           Total Same Property NOI Grew 6.7...

5 months ago - GlobeNewsWire

Sun Communities, Inc. Announces Dates for First Quarter 2023 Earnings Release and Conference Call

Southfield, MI, March 08, 2023 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufacture...

7 months ago - GlobeNewsWire

Sun Communities, Inc. Declares First Quarter 2023 Distribution

Southfield, MI, March 03, 2023 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufacture...

7 months ago - GlobeNewsWire

Sun Communities, Inc. to Present at the 2023 Citi Global Property CEO Conference

Southfield, MI, March 02, 2023 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufacture...

7 months ago - GlobeNewsWire

Sun Communities, Inc. Reports 2022 Fourth Quarter and Full Year Results; Provides 2023 Guidance and Increases Annual Distribution Rate for 2023

Net Income per Diluted Share of $0.04 and $2.00 for the Quarter and Year End, Respectively

7 months ago - GlobeNewsWire

Sun Communities, Inc. Appoints Jeff Blau to Its Board of Directors

Southfield, MI, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company” and “Sun”), announced, effective today, that, Mr. Jeff Blau has joined the Company's Board of Directo...

8 months ago - GlobeNewsWire

Sun Communities, Inc. Announces Tax Treatment of 2022 Distributions

Southfield, MI, Jan. 20, 2023 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the "Company") announced the tax treatment of its 2022 common share distributions.

8 months ago - GlobeNewsWire

Sun Communities, Inc. Prices $400 Million of Senior Notes

Southfield, MI, Jan. 09, 2023 (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 h...

9 months ago - GlobeNewsWire

SUN COMMUNITIES ADOPTS CLIMATE CHANGE GOALS

Targets 2035 for Carbon Neutrality, 2045 for Net Zero Emissions Targets 2035 for Carbon Neutrality, 2045 for Net Zero Emissions

9 months ago - GlobeNewsWire

Sun Communities, Inc. Announces Dates for Fourth Quarter 2022 Earnings Release and Conference Call

Southfield, MI, Dec. 01, 2022 (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...

10 months ago - GlobeNewsWire

Sun Communities, Inc. Declares Fourth Quarter 2022 Distribution

Southfield, MI, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Sun Communities , Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufacture...

10 months ago - GlobeNewsWire

Sun Communities, Inc. Reports 2022 Third Quarter Results

D iluted Earnings per Share of $1.32 Constant Currency Core FFO (1) per Diluted Share of $2.71 Exceeded Guidance

1 year ago - GlobeNewsWire

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

Southfield, MI, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company” and “Sun”), a real estate investment trust ("REIT") that owns and operates, or has an interest in, ma...

1 year ago - GlobeNewsWire

Sun Communities, Inc. to Present at Bank of America's 2022 Global Real Estate Conference

Southfield, MI, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company” and “Sun”), a real estate investment trust ("REIT") that owns and operates, or has an interest in, m...

1 year ago - GlobeNewsWire

Sun Communities Announces COO Succession

Bruce Thelen Promoted to Chief Operating Officer; John McLaren to Oversee Manufactured Housing Development Platform Bruce Thelen Promoted to Chief Operating Officer; John McLaren to Oversee Manufactur...

1 year ago - GlobeNewsWire

Sun Communities, Inc. Announces Dates for Third Quarter 2022 Earnings Release and Conference Call

Southfield, MI, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufacture...

1 year ago - GlobeNewsWire

Sun Communities, Inc. Declares Third Quarter 2022 Distribution

Southfield, MI, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufacture...

1 year ago - GlobeNewsWire