View ValuationSun Communities 将来の成長Future 基準チェック /36Sun Communities利益と収益がそれぞれ年間39.2%と2.9%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に8% 36.6%なると予測されています。主要情報39.2%収益成長率36.61%EPS成長率Residential REITs 収益成長0%収益成長率2.9%将来の株主資本利益率8.00%アナリストカバレッジGood最終更新日13 Aug 2026今後の成長に関する最新情報お知らせ • Apr 29Sun Communities, Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2026; Updates Earnings Guidance for the Full Year Ending December 31, 2026Sun Communities, Inc. provided earnings guidance for the second quarter ending June 30, 2026 and updated earnings guidance for the full year ending December 31, 2026. For the quarter, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $0.62 to $0.70. For the year full year ending December 31, 2026, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $2.16 to $2.36.お知らせ • Feb 25Sun Communities, Inc. Provides Earnings Guidance for the First Quarter Ending March 31, 2026 and Full Year Ending December 31, 2026Sun Communities, Inc. provided earnings guidance for the First Quarter Ending March 31, 2026 and Full Year Ending December 31, 2026. For the quarter, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $0.14 to $0.22. For the year, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $2.63 to $2.83.お知らせ • Oct 30Sun Communities, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year Ending December 31, 2025Sun Communities, Inc. provided earnings guidance for the fourth quarter and full year ending December 31, 2025. For the quarter, the company expects diluted EPS attributable to the consolidated Portfolio of $0.34 to $0.42. For the year, the company expects diluted EPS attributable to the consolidated Portfolio of $10.25 to $10.33.お知らせ • May 06+ 1 more updateSun Communities, Inc. Provides Earnings Guidance for the Second Quarter and Full Year Ending December 31, 2025Sun Communities, Inc. provided earnings guidance for the second quarter and full year Ending December 31, 2025. For the second quarter, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $11.25 to $11.33. For the full year, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $12.62 to $12.82.お知らせ • Aug 02+ 1 more updateSun Communities, Inc. Provides Earnings Guidance for Third Quarter Ending September 30, 2024Sun Communities, Inc. provided earnings guidance for third quarter ending September 30, 2024. For the third quarter, the company expected Diluted EPS to be in the range of $2.46 to $2.56.お知らせ • Apr 30+ 2 more updatesSun Communities, Inc. Revises Earnings Guidance for Full Year Ending December 31, 2024Sun Communities, Inc. revised earnings guidance for full year ending December 31, 2024. For the full year, the company expected Diluted EPS to be in the range of $1.89 to $2.05 against $2.08 to $2.28 earlier guidance.すべての更新を表示Recent updatesReported Earnings • Jul 28Second quarter 2026 earnings released: EPS: US$0.61 (vs US$1.24 loss in 2Q 2025)Second quarter 2026 results: EPS: US$0.61 (up from US$1.24 loss in 2Q 2025). Revenue: US$484.6m (down 21% from 2Q 2025). Net income: US$74.5m (up US$230.6m from 2Q 2025). Profit margin: 15% (up from net loss in 2Q 2025). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, while revenues in the Residential REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Jul 22Sun Communities, Inc. to Report Q2, 2026 Results on Jul 27, 2026Sun Communities, Inc. announced that they will report Q2, 2026 results After-Market on Jul 27, 2026Recent Insider Transactions • Jul 01Non-Executive Chairman recently sold €2.6m worth of stockOn the 24th of June, Gary Shiffman sold around 25k shares on-market at roughly €106 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gary's only on-market trade for the last 12 months.お知らせ • Jun 29+ 5 more updatesSun Communities, Inc.(NYSE:SUI) dropped from Russell 1000 Growth BenchmarkSun Communities, Inc.(NYSE:SUI) dropped from Russell 1000 Growth BenchmarkUpcoming Dividend • Jun 25Upcoming dividend of US$1.12 per shareEligible shareholders must have bought the stock before 30 June 2026. Payment date: 15 July 2026. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.5%).お知らせ • Jun 23Sun Communities, Inc. Announces Appointment of Ileana Mcalary as General Counsel, Executive Vice President, and Secretary, Effective June 29, 2026Sun Communities, Inc. announced the appointment of Ileana McAlary as General Counsel, Executive Vice President, and Secretary, effective June 29, 2026. An experienced enterprise legal and governance executive, Ms. McAlary joined Sun Communities from SpartanNash, where she served as Executive Vice President, Chief Legal and Compliance Officer, and Corporate Secretary. In that role, she led the company’s legal, compliance, government affairs, aviation, and food safety and quality assurance functions. Earlier in her career, Ms. McAlary served as Vice President, Associate General Counsel and Compliance Officer at Wolverine Worldwide and held senior legal roles at Meijer and Amway Corporation. Ms. McAlary earned her J.D. from Wayne State University Law School and holds a B.A. in International Relations and Business from Grand Valley State University. She is a member of the State Bar of Michigan.Declared Dividend • Jun 08Dividend of US$1.12 announcedShareholders will receive a dividend of US$1.12. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 3.7%, which is about the same as the industry average.お知らせ • Jun 04Sun Communities, Inc. Declares Second Quarter 2026 Distribution, Payable on July 15, 2026Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $1.12 per share of common stock for the second quarter of 2026. The distribution is payable on July 15, 2026 to shareholders of record on June 30, 2026.お知らせ • May 30Sun Communities, Inc. (NYSE:SUI) announces an Equity Buyback for $1,000 million worth of its shares.Sun Communities, Inc. (NYSE:SUI) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its shares. The program will be valid till May 27, 2027.Recent Insider Transactions • May 28CFO, Executive VP recently sold €2.5m worth of stockOn the 26th of May, Fernando Castro-Caratini sold around 24k shares on-market at roughly €107 per share. This transaction amounted to 70% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Fernando's only on-market trade for the last 12 months.お知らせ • Apr 29Sun Communities, Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2026; Updates Earnings Guidance for the Full Year Ending December 31, 2026Sun Communities, Inc. provided earnings guidance for the second quarter ending June 30, 2026 and updated earnings guidance for the full year ending December 31, 2026. For the quarter, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $0.62 to $0.70. For the year full year ending December 31, 2026, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $2.16 to $2.36.お知らせ • Apr 18Sun Communities, Inc. to Report Q1, 2026 Results on Apr 27, 2026Sun Communities, Inc. announced that they will report Q1, 2026 results After-Market on Apr 27, 2026お知らせ • Mar 31Sun Communities, Inc., Annual General Meeting, May 12, 2026Sun Communities, Inc., Annual General Meeting, May 12, 2026.お知らせ • Mar 10Sun Communities, Inc. Announces Executive Changes, Effective March 9, 2026Sun Communities, Inc. appointed John B. McLaren, age 55, the Company's current President, as its Chief Operating Officer effective March 9, 2026. In his role as Chief Operating Officer, Mr. McLaren has assumed additional responsibilities directly overseeing the Company's operations team. Mr. McLaren has served the Company in various roles for 24 years. He has been the President of the Company since November 2024. From November 2022 to November 2024, he served the Company as a senior advisor. Previously, he served as the Company's President from 2014 to 2022 and its Chief Operating Officer from 2008 to 2022. On March 9, 2026, Bruce D. Thelen departed from his role as Executive Vice President and Chief Operating Officer of the Company to focus on other opportunities.お知らせ • Feb 25Sun Communities, Inc. Provides Earnings Guidance for the First Quarter Ending March 31, 2026 and Full Year Ending December 31, 2026Sun Communities, Inc. provided earnings guidance for the First Quarter Ending March 31, 2026 and Full Year Ending December 31, 2026. For the quarter, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $0.14 to $0.22. For the year, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $2.63 to $2.83.お知らせ • Feb 18Sun Communities, Inc. Announces Increase in Quarterly Distribution and Expects First Quarter Distribution to Be Paid in April 2026Sun Communities, Inc. announced that its Board of Directors approved an increase in its quarterly distribution rate to $1.12 per common share and unit, representing an increase of $0.08 per share, or approximately 8%, over the prior quarterly rate of $1.04 per common share and unit. The new quarterly rate equates to an annual distribution rate of $4.48 per common share and unit and is expected to commence with the first quarter distribution expected to be paid in April 2026. While the Board of Directors has adopted the new annual distribution policy, the amount of each quarterly distribution on the Company's common stock will be subject to approval by the Board of Directors.お知らせ • Feb 11Sun Communities, Inc. Announces Executive Changes, Effective February 4, 2026Sun Communities, Inc. appointed Fernando Castro-Caratini to serve as Executive Vice President, Secretary and Treasurer of the Company on an interim basis, effective February 4, 2026. Mr. Castro-Caratini will serve as Executive Vice President, Secretary and Treasurer until a permanent Chief Financial Officer is appointed. Mr. Castro-Caratini, age 42, was serving as a senior advisor to the Company prior to his appointment. He previously served as Chief Financial Officer, Executive Vice President, Secretary and Treasurer of the Company for approximately four years. From November 2016 to May 2022, Mr. Castro-Caratini was the Company's Senior Vice President, Finance & Capital Markets. Before joining the Company, Mr. Castro-Caratini was with Citigroup in the Real Estate & Lodging Investment Banking group where he executed on a broad range of strategic and capital markets transactions for real estate and lodging clients. He received a B.A. On February 4, 2026, Mark E. Patten departed from his role as Executive Vice President, Secretary and Treasurer of the Company. His departure was a mutual decision and not due to disagreements over financial policies or practices.お知らせ • Feb 03Sun Communities, Inc. to Report Q4, 2025 Results on Feb 24, 2026Sun Communities, Inc. announced that they will report Q4, 2025 results After-Market on Feb 24, 2026お知らせ • Dec 17Sun Communities Announces Chief Financial Officer Transition, Effective January 5, 2026Sun Communities, Inc. announced the appointment of Mark E. Patten as Chief Financial Officer (CFO), effective January 5, 2026. Mr. Patten will succeed Fernando Castro-Caratini, who will transition into an advisory role with the Company. Mr. Patten joins the Company from Essential Properties Realty Trust, Inc., where he serves as Executive Vice President, Chief Financial Officer, and Treasurer. Over the course of his more than 35-year career, he has held senior finance leadership roles across the real estate investment trust (REIT) and professional services sectors, including serving as Chief Financial Officer of CTO Realty Growth, Inc. and Alpine Income Property Trust, Inc., and as Senior Vice President and Chief Accounting Officer of CNL Hotels & Resorts, Inc. Mr. Patten was previously a Partner at KPMG. He holds a Bachelor of Science in Accounting from the University of Florida.お知らせ • Dec 09Sun Communities, Inc. Declares Fourth Quarter 2025 Distribution, Payable on February 2, 2026Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $1.04 per share of common stock for the fourth quarter of 2025. The distribution is payable on February 2, 2026 to shareholders of record on December 31, 2025.お知らせ • Oct 30Sun Communities, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year Ending December 31, 2025Sun Communities, Inc. provided earnings guidance for the fourth quarter and full year ending December 31, 2025. For the quarter, the company expects diluted EPS attributable to the consolidated Portfolio of $0.34 to $0.42. For the year, the company expects diluted EPS attributable to the consolidated Portfolio of $10.25 to $10.33.お知らせ • Oct 10Sun Communities, Inc. to Report Q3, 2025 Results on Oct 29, 2025Sun Communities, Inc. announced that they will report Q3, 2025 results After-Market on Oct 29, 2025お知らせ • Sep 04Sun Communities, Inc. Declares Third Quarter 2025 Distribution, Payable on October 15, 2025Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $1.04 per share of common stock for the third quarter of 2025. The distribution is payable on October 15, 2025 to shareholders of record on September 30, 2025.お知らせ • Jul 31+ 1 more updateSun Communities, Inc. Reports Asset Impairments for the Second Quarter Ended June 30, 2025Sun Communities, Inc. reported Asset impairments for the second quarter ended June 30, 2025. For the quarter, the company recorded asset impairment charges of $166.1 million for the quarter ended June 30, 2025, consisting of asset impairment charges of $132.7 million to reduce the carrying value of three development properties in the UK, and asset impairment charges of $32.2 million to reduce the carrying value of three RV properties in the US and Canada, in each case driven by the Company's contemplated change in strategic plan for these properties.お知らせ • Jul 24+ 1 more updateSun Communities, Inc. Announces Board Changes, Effective October 1, 2025Sun Communities, Inc. announced that its Board of Directors has appointed Charles D. Young to the Company’s Board of Directors, effective October 1, 2025. Mr. Young is a seasoned senior real estate and investment executive with over 25 years of leadership experience in real estate operations, development, and investment management. Since March 2023, he has served as President of Invitation Homes Inc., the nation’s premier single-family home leasing and management company. He previously served as Chief Operating Officer of Invitation Homes, as well as in senior roles at Starwood Waypoint Homes and Mesa Development. Earlier in his career, he worked at Goldman Sachs in real estate principal investment and M&A. Mr. Young holds a BA in Economics and an MBA from Stanford University’s Graduate School of Business. He is on the Board of Directors of Floor & Decor and serves on the Stanford University Board of Trustees. Mr. Shiffman will serve as Non-Executive Chairman of the Board effective October 1, 2025.お知らせ • Jul 16Sun Communities, Inc. to Report Q2, 2025 Results on Jul 30, 2025Sun Communities, Inc. announced that they will report Q2, 2025 results After-Market on Jul 30, 2025お知らせ • May 06+ 1 more updateSun Communities, Inc. Provides Earnings Guidance for the Second Quarter and Full Year Ending December 31, 2025Sun Communities, Inc. provided earnings guidance for the second quarter and full year Ending December 31, 2025. For the second quarter, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $11.25 to $11.33. For the full year, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $12.62 to $12.82.お知らせ • May 02Sun Communities, Inc. announces special dividend, payable on May 22, 2025Sun Communities, Inc. announced special dividend of USD 4.0000 per share payable on May 22, 2025, ex-date on May 14, 2025 and record date on May 14, 2025.お知らせ • Apr 22Sun Communities, Inc. to Report Q1, 2025 Results on May 05, 2025Sun Communities, Inc. announced that they will report Q1, 2025 results After-Market on May 05, 2025お知らせ • Mar 21Sun Communities, Inc. Appoints Brian Loftus as Principal Accounting OfficerOn March 17, 2025, the Board of Directors of Sun Communities, Inc. appointed Brian Loftus as the principal accounting officer of the Company with the title Senior Vice President and Chief Accounting Officer. Mr. Loftus will report to Fernando Castro-Caratini, the Company’s Executive Vice President, Chief Financial Officer, Secretary and Treasurer. Mr. Loftus, age 43, previously served as Senior Vice President, Corporate Controller of the Company since July 2024. Prior to joining the Company, Mr. Loftus served as Vice President and Chief Financial Officer for Unique Fabricating, Inc., a then publicly traded manufacturer of foam, rubber, and plastic components for the automotive and appliance industries, from April 2020 to November 2023. From October 2018 to April 2020, Mr. Loftus served as Corporate Controller for Wabash National Corporation, a publicly traded leader in the design and manufacturing of engineered solutions for the transportation, logistics and distribution industries. Prior to Wabash, Mr. Loftus served as Corporate Controller for Horizon Global Corporation, a then publicly traded designer, manufacturer, and distributor of towing and trailering equipment from July 2015 to October 2018. Prior to Horizon, Mr. Loftus held various positions with TriMas Corporation, a diversified industrial manufacturer, from August 2009 to June 2015, including Controller for TriMas’ then subsidiary Cequent Performance Products, Inc., Segment Financial Manager, and Corporate Audit Manager. Mr. Loftus began his career in public accounting with Deloitte and Touche LLP. Mr. Loftus earned a Bachelor of Science in Business Administration in Accounting and a Master of Business Administration from Central Michigan University. Mr. Loftus is a Certified Public Accountant in the State of Michigan.お知らせ • Mar 20Sun Communities, Inc., Annual General Meeting, May 13, 2025Sun Communities, Inc., Annual General Meeting, May 13, 2025.お知らせ • Mar 15Sun Communities, Inc. Declares Quarterly Distribution for the First Quarter of 2025, Payable on April 15, 2025Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $0.94 per share of common stock for the first quarter of 2025. The distribution is payable on April 15, 2025 to shareholders of record on March 31, 2025.お知らせ • Feb 27+ 1 more updateSun Communities, Inc. Reports Impairment Charges for the Quarter Ended December 31, 2024Sun Communities, Inc. reported impairment charges for the quarter ended December 31, 2024. For the period, Company reports Goodwill impairment of $180.8 million.お知らせ • Feb 19Sun Communities, Inc. to Report Q4, 2024 Results on Feb 26, 2025Sun Communities, Inc. announced that they will report Q4, 2024 results After-Market on Feb 26, 2025お知らせ • Dec 13Bragar Eagel & Squire, P.C. Announces A Class Action Lawsuit Files Against Sun CommunitiesBragar Eagel & Squire, P.C. announced that a class action lawsuit has been filed against Sun Communities in the United States District Court for the Eastern District of Michigan on behalf of all persons and entities who purchased or otherwise acquired SUI securities between February 28, 2019 and September 24, 2024, both dates inclusive (the Class Period). Investors have until February 10, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The complaint alleges that defendants provided investors with material information concerning SUI’s accounting practices and internal control over financial reporting. On September 24, 2024, after market close, an investment research report emerged calling into question the integrity of SUI’s Board and the integrity of the Company’s governance, controls, and financial disclosures. Investors and analysts reacted immediately to SUI’s revelation.お知らせ • Dec 12Sun Communities, Inc. Announces Board RefreshmentSun Communities, Inc. announced several upcoming changes to its Board of Directors (the “Board”) as part of its ongoing refreshment strategy. Arthur A. Weiss informed the Board that he will retire from the Board on December 31, 2024, Stephanie W. Bergeron informed the Board that she will not stand for re-election to the Board at the Company’s 2025 Annual Meeting of Shareholders, and Clunet R. Lewis informed the Board that he intends to retire from the Board no later than the Company’s 2026 Annual Meeting of Shareholders. Each of Mr. Weiss, Ms. Bergeron and Mr. Lewis will continue to actively serve on the Board until his or her respective retirement date. The Company has retained a director search firm to assist in the identification of qualified candidates for the Board.お知らせ • Dec 03Sun Communities, Inc. Declares Fourth Quarter 2024 Distribution, Payable on January 15, 2025Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $0.94 per share of common stock for the fourth quarter of 2024. The distribution is payable on January 15, 2025 to shareholders of record on December 31, 2024.お知らせ • Nov 07+ 2 more updatesSun Communities, Inc. Announces RestructuringSun Communities, Inc. announced a comprehensive restructuring effort to more effectively align the Company's cost structure and deliver sustainable earnings growth. The Company is proactively addressing its challenges and is implementing a plan to unlock the value and earnings potential of the Company. The Company has been considering and studying many of these cost saving initiatives throughout this year and is now accelerating their implementation and expanding the scope of the restructuring. The cost reduction measures include better operating expense management and the implementation of identified efficiencies and savings to the Company’s cost base heading into 2025 to position the business for long-term growth. It is expected that these will be achieved primarily through initiatives such as restructuring the Company’s operational infrastructure, streamlining and optimizing information technology, implementing more effective asset management, payroll savings, and other targeted cost cutting. The Company has identified and intends to realize annualized G&A and operating expense savings of between $15 million and $20 million on a run-rate basis from the restructuring.お知らせ • Oct 25Sun Communities, Inc. to Report Q3, 2024 Results on Nov 06, 2024Sun Communities, Inc. announced that they will report Q3, 2024 results After-Market on Nov 06, 2024New Risk • Oct 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.4% increase in shares outstanding).Upcoming Dividend • Sep 23Upcoming dividend of US$0.94 per shareEligible shareholders must have bought the stock before 30 September 2024. Payment date: 15 October 2024. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.0%).New Risk • Sep 23New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.4% increase in shares outstanding).New Risk • Sep 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.4% increase in shares outstanding).Declared Dividend • Sep 08Second quarter dividend of US$0.94 announcedShareholders will receive a dividend of US$0.94. Ex-date: 30th September 2024 Payment date: 15th October 2024 Dividend yield will be 2.8%, which is lower than the industry average of 3.8%.お知らせ • Sep 04Sun Communities, Inc. Declares Third Quarter 2024 Distribution, Payable on October 15, 2024Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $0.94 per share of common stock for the third quarter of 2024. The distribution is payable on October 15, 2024 to shareholders of record on September 30, 2024.New Risk • Aug 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.4% increase in shares outstanding).New Risk • Aug 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.4% increase in shares outstanding).New Risk • Aug 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.4% increase in shares outstanding).New Risk • Aug 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.4% increase in shares outstanding).お知らせ • Aug 02+ 1 more updateSun Communities, Inc. Provides Earnings Guidance for Third Quarter Ending September 30, 2024Sun Communities, Inc. provided earnings guidance for third quarter ending September 30, 2024. For the third quarter, the company expected Diluted EPS to be in the range of $2.46 to $2.56.Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: US$0.42 (vs US$0.72 in 2Q 2023)Second quarter 2024 results: EPS: US$0.42 (down from US$0.72 in 2Q 2023). Revenue: US$864.0m (up 1.3% from 2Q 2023). Net income: US$52.1m (down 42% from 2Q 2023). Profit margin: 6.0% (down from 11% in 2Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.New Risk • Jul 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risk Shareholders have been diluted in the past year (2.3% increase in shares outstanding).お知らせ • Jul 03Sun Communities, Inc.(NYSE:SUI) dropped from Russell Small Cap Comp Growth IndexSun Communities, Inc.(NYSE:SUI) dropped from Russell Small Cap Comp Growth Indexお知らせ • Jul 02Sun Communities, Inc. to Report Q2, 2024 Results on Jul 31, 2024Sun Communities, Inc. announced that they will report Q2, 2024 results After-Market on Jul 31, 2024Declared Dividend • Jun 10First quarter dividend of US$0.94 announcedShareholders will receive a dividend of US$0.94. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 3.3%, which is lower than the industry average of 3.8%.お知らせ • Jun 05Sun Communities, Inc. Declares Quarterly Distribution on Common Stock for the Second Quarter of 2024, Payable on July 15, 2024Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $0.94 per share of common stock for the second quarter of 2024. The distribution is payable on July 15, 2024 to shareholders of record on June 28, 2024.お知らせ • Apr 30+ 2 more updatesSun Communities, Inc. Revises Earnings Guidance for Full Year Ending December 31, 2024Sun Communities, Inc. revised earnings guidance for full year ending December 31, 2024. For the full year, the company expected Diluted EPS to be in the range of $1.89 to $2.05 against $2.08 to $2.28 earlier guidance.Reported Earnings • Apr 30First quarter 2024 earnings released: US$0.22 loss per share (vs US$0.24 loss in 1Q 2023)First quarter 2024 results: US$0.22 loss per share (improved from US$0.24 loss in 1Q 2023). Revenue: US$671.3m (up 4.6% from 1Q 2023). Net loss: US$27.4m (loss narrowed 9.3% from 1Q 2023). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Apr 03Sun Communities, Inc. to Report Q1, 2024 Results on Apr 29, 2024Sun Communities, Inc. announced that they will report Q1, 2024 results After-Market on Apr 29, 2024Upcoming Dividend • Mar 20Upcoming dividend of US$0.94 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (5.6%).Declared Dividend • Mar 11Fourth quarter dividend of US$0.94 announcedShareholders will receive a dividend of US$0.94. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 2.9%, which is lower than the industry average of 3.8%.お知らせ • Mar 04Sun Communities, Inc. Declares Quarterly Distribution on Common Stock for the First Quarter of 2024, Payable on April 15, 2024Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $0.94 per share of common stock for the first quarter of 2024. The distribution is payable on April 15, 2024 to shareholders of record on March 29, 2024.Reported Earnings • Feb 21Full year 2023 earnings released: US$1.73 loss per share (vs US$2.00 profit in FY 2022)Full year 2023 results: US$1.73 loss per share (down from US$2.00 profit in FY 2022). Revenue: US$3.22b (up 9.8% from FY 2022). Net loss: US$213.3m (down 189% from profit in FY 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, while revenues in the Residential REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Feb 21+ 1 more updateSun Communities, Inc. Increases Annual Distribution Rate for 2024Sun Communities, Inc.'s Board of Directors has approved setting the 2024 annual distribution rate at $3.76 per common share and unit, an increase of $0.04, or 1.1%, over the current annual dividend rate of $3.72 per common share and unit for 2023. This increase will begin with the first quarter distribution to be paid in April 2024. While the Board of Directors has adopted the new annual distribution policy, the amount of each quarterly distribution on the Company's common stock will be subject to approval by the Board of Directors.お知らせ • Feb 16Sun Communities, Inc. Appoints Jerry Ehlinger and Craig Leupold to Board of DirectorsSun Communities, Inc. announced that Jerry Ehlinger and Craig A. Leupold have joined the Company’s Board of Directors (the “Board”), effective immediately. In addition, the Board has established a Capital Allocation Committee to review the Company’s use and investment of capital and make recommendations to the full Board. The Committee will be comprised of Mr. Leupold and two other directors to be named. In connection with these changes to the Board, the Company has entered into a cooperation agreement with Land & Buildings, under which Land & Buildings will vote its shares in favor of all of the Board’s director nominees at the 2024 Annual Meeting of Stockholders. Under the cooperation agreement, Land & Buildings has agreed to customary standstill, voting and other provisions. The full agreement between Sun Communities and L&B will be filed on a Form 8-K with the U.S. Securities and Exchange Commission (the “SEC”). Mr. Ehlinger brings over 25 years of industry experience to the Board. Most recently he served as Global Head and CIO of Public Securities at Heitman Real Estate Investment Management, responsible for all aspects of Heitman’s global public securities business and was a Member of Heitman’s Firmwide Global Management Committee. Prior to that, he was Head of U.S. Public Securities at Heitman, responsible for the operations of the U.S. REIT business. Previously, Mr. Ehlinger served as the Head of Real Estate Securities, Americas and US Portfolio Manager for RREEF, responsible for overseeing all areas of RREEF’s REIT investment management business in the U.S. Prior to his time at RREEF, he was a U.S. Portfolio Manager and Analyst in public real estate securities at Heitman and also served in various REIT research and investment management roles at Morgan Stanley Dean Witter. He completed his undergraduate studies at University of Wisconsin – Whitewater and received a Master of Science in Finance, Investment, and Banking from the University of Wisconsin – Madison. Mr. Ehlinger is a Chartered Financial Analyst. Mr. Leupold brings over 30 years of industry experience to the Board, and is currently the CEO of GSI Capital Advisors, an investment manager with expertise in publicly traded real estate securities, based in Newport Beach, CA. Prior to that, Leupold spent 27 years at Green Street Advisors, the last twelve of which as the firm's CEO, guiding its strategic direction and overseeing its client relationships and interactions. Mr. Leupold previously served on the Board of Directors of American Campus Communities Inc., the largest developer, owner and manager of student housing communities in the United States, until the sale of the company to Blackstone. He completed his undergraduate studies at the University of California – San Diego, and received his Masters of Business Administration in Finance and Real Estate at Columbia University.Upcoming Dividend • Dec 21Upcoming dividend of US$0.93 per share at 2.8% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 16 January 2024. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%).お知らせ • Dec 02Sun Communities, Inc. Declares Distribution for the Fourth Quarter of 2023, Payable on January 16, 2024Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $0.93 per share of common stock for the fourth quarter of 2023. The distribution is payable on January 16, 2024 to shareholders of record on December 29, 2023.Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: US$1.32 (vs US$1.32 in 3Q 2022)Third quarter 2023 results: EPS: US$1.32 (up from US$1.32 in 3Q 2022). Revenue: US$983.2m (up 6.4% from 3Q 2022). Net income: US$163.1m (up 1.0% from 3Q 2022). Profit margin: 17% (in line with 3Q 2022). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.お知らせ • Oct 26+ 1 more updateSun Communities, Inc. Provides Earnings Guidance for Fourth Quarter Ending December 31, 2023Sun Communities, Inc. provided earnings guidance for the fourth quarter ending December 31, 2023. For the quarter, the company expected earnings to be in the range of Diluted EPS of $0.12 to Diluted EPS of $0.20.お知らせ • Oct 13An unknown buyer agreed to acquire 10.25% stake in Ingenia Communities Group (ASX:INA) from Sun Communities, Inc. $100 million.An unknown buyer agreed to acquire 10.25% stake in Ingenia Communities Group (ASX:INA) from Sun Communities, Inc. $100 million on October 12, 2023. Sun Communities has decided to dispose of its direct holdings in Ingenia shares and to use the net proceeds to pay down debt.お知らせ • Sep 26Sun Communities, Inc. to Report Q3, 2023 Results on Oct 25, 2023Sun Communities, Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Oct 25, 2023Upcoming Dividend • Sep 21Upcoming dividend of US$0.93 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 16 October 2023. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.0%).お知らせ • Aug 18Sun Communities, Inc. Declares Distribution for the Third Quarter of 2023, Payable on October 16, 2023Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $0.93 per share of common stock for the third quarter of 2023. The distribution is payable on October 16, 2023 to shareholders of record on September 29, 2023.Reported Earnings • Jul 27Second quarter 2023 earnings released: EPS: US$0.73 (vs US$0.61 in 2Q 2022)Second quarter 2023 results: EPS: US$0.73 (up from US$0.61 in 2Q 2022). Revenue: US$863.5m (up 7.1% from 2Q 2022). Net income: US$89.8m (up 22% from 2Q 2022). Profit margin: 10% (up from 9.1% in 2Q 2022). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.New Risk • Jul 25New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.9% net profit margin). Shareholders have been diluted in the past year (2.1% increase in shares outstanding).Upcoming Dividend • Jun 22Upcoming dividend of US$0.93 per share at 2.8% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 17 July 2023. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.4%).お知らせ • Jun 07+ 1 more updateSun Communities, Inc. to Report Q2, 2023 Results on Jul 26, 2023Sun Communities, Inc. announced that they will report Q2, 2023 results After-Market on Jul 26, 2023Reported Earnings • Apr 28First quarter 2023 earnings released: FFO per share: US$1.2 (vs US$1.36 in 1Q 2022)First quarter 2023 results: FFO per share: US$1.2 (down from US$1.36 in 1Q 2022). Revenue: US$641.5m (up 19% from 1Q 2022). Funds from operations (FFO): US$145.9m (down 6.1% from 1Q 2022). FFO margin: 23% (down from 29% in 1Q 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Recent Insider Transactions • Mar 02Lead Independent Director recently sold €210k worth of stockOn the 27th of February, Clunet Lewis sold around 2k shares on-market at roughly €140 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.9m more than they bought in the last 12 months.Buying Opportunity • Feb 25Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.4%. The fair value is estimated to be €174, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings is also forecast to grow by 9.8% per annum over the same time period.Reported Earnings • Feb 24Full year 2022 earnings released: EPS: US$2.01 (vs US$3.36 in FY 2021)Full year 2022 results: EPS: US$2.01 (down from US$3.36 in FY 2021). Revenue: US$2.97b (up 32% from FY 2021). Net income: US$242.0m (down 36% from FY 2021). Profit margin: 8.1% (down from 17% in FY 2021). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Jan 27Sun Communities, Inc. Appoints Jeff Blau as an Independent DirectorSun Communities, Inc. announced that Mr. Jeff Blau has joined the Company’s Board of Directors as an independent director, effective January 25, 2023. Mr. Blau is Chief Executive Officer and a partner of Related Companies, a fully-integrated real estate firm based in New York, NY. For over 33 years, he has directed and overseen new developments totaling over $60 billion in virtually every sector of the real estate industry. As CEO, he is responsible for Related Companies’ strategic direction, acquisitions and new development opportunities, and financing activities across all business platforms. Mr. Blau serves on the Board of Directors of Equinox Holdings, Inc., a New York City-based luxury fitness company that serves customers worldwide and which operates several lifestyle brands, including Equinox, Equinox Hotels, and SoulCycle; he also serves on the Board of Real Estate Roundtable, where he Chairs the Equity, Diversity and Inclusion Committee (ED&I). Mr. Blau has received numerous honors for his business, civic and philanthropic activities, including being named to Crain’s New York’s New Influentials list of 25 leaders reshaping New York, and serves on the boards of the Central Park Conservancy, the New York City Partnership Fund, Robin Hood Foundation, Trinity School, Lincoln Center, and The Mount Sinai Medical Center. Mr. Blau completed his undergraduate studies at the University of Michigan, received a Master of Business Administration from the Wharton School of the University of Pennsylvania, and serves on the Boards of both schools.業績と収益の成長予測DB:SCZ - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20282,235421N/A1,005512/31/20272,125381N/A9491012/31/20262,111-189N/A867106/30/20262,332137900900N/A3/31/20262,331-37902902N/A12/31/20252,299-76864864N/A9/30/20252,079-356833833N/A6/30/20252,060-90807807N/A3/31/20252,16230866866N/A12/31/20242,23514861861N/A9/30/20242,445168843843N/A6/30/20242,72827894894N/A3/31/20242,992-205822822N/A12/31/20232,247-294791791N/A9/30/20233,119-126718718N/A6/30/20233,084-84653653N/A3/31/20233,038195704704N/A12/31/20222,937241735735N/A9/30/20222,807249787787N/A6/30/20222,559317815815N/A3/31/20222,351354759759N/A12/31/20212,246378754754N/A9/30/20212,092373735735N/A6/30/20211,811223712712N/A3/31/20211,514171645645N/A12/31/20201,383131543543N/A9/30/20201,301152543543N/A6/30/20201,263128519519N/A3/31/20201,274109N/A492N/A12/31/20191,251159N/A477N/A9/30/20191,224140N/A460N/A6/30/20191,188129N/A424N/A3/31/20191,148109N/A385N/A12/31/20181,121105N/A363N/A9/30/20181,091103N/A333N/A6/30/20181,03681N/A300N/A3/31/20181,00273N/A270N/A12/31/201797965N/A258N/A9/30/201795556N/A275N/A6/30/201793750N/A266N/A3/31/201789031N/A257N/A12/31/201683117N/A241N/A9/30/2016781107N/A226N/A6/30/2016717117N/A219N/A3/31/2016692137N/A192N/A12/31/2015673136N/A182N/A9/30/201562635N/A171N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: SCZの予測収益成長率 (年間39.2% ) は 貯蓄率 ( 2.1% ) を上回っています。収益対市場: SCZの収益 ( 39.2% ) はGerman市場 ( 15.3% ) よりも速いペースで成長すると予測されています。高成長収益: SCZの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: SCZの収益 ( 2.9% ) German市場 ( 6.7% ) よりも低い成長が予測されています。高い収益成長: SCZの収益 ( 2.9% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: SCZの 自己資本利益率 は、3年後には低くなると予測されています ( 8 %)。成長企業の発掘7D1Y7D1Y7D1YReal-estate 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/19 10:06終値2026/08/18 00:00収益2026/06/30年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Sun Communities, Inc. 10 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。38 アナリスト機関Wesley GolladayBairdAnthony PowellBarclaysRichard HightowerBarclays35 その他のアナリストを表示
お知らせ • Apr 29Sun Communities, Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2026; Updates Earnings Guidance for the Full Year Ending December 31, 2026Sun Communities, Inc. provided earnings guidance for the second quarter ending June 30, 2026 and updated earnings guidance for the full year ending December 31, 2026. For the quarter, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $0.62 to $0.70. For the year full year ending December 31, 2026, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $2.16 to $2.36.
お知らせ • Feb 25Sun Communities, Inc. Provides Earnings Guidance for the First Quarter Ending March 31, 2026 and Full Year Ending December 31, 2026Sun Communities, Inc. provided earnings guidance for the First Quarter Ending March 31, 2026 and Full Year Ending December 31, 2026. For the quarter, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $0.14 to $0.22. For the year, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $2.63 to $2.83.
お知らせ • Oct 30Sun Communities, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year Ending December 31, 2025Sun Communities, Inc. provided earnings guidance for the fourth quarter and full year ending December 31, 2025. For the quarter, the company expects diluted EPS attributable to the consolidated Portfolio of $0.34 to $0.42. For the year, the company expects diluted EPS attributable to the consolidated Portfolio of $10.25 to $10.33.
お知らせ • May 06+ 1 more updateSun Communities, Inc. Provides Earnings Guidance for the Second Quarter and Full Year Ending December 31, 2025Sun Communities, Inc. provided earnings guidance for the second quarter and full year Ending December 31, 2025. For the second quarter, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $11.25 to $11.33. For the full year, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $12.62 to $12.82.
お知らせ • Aug 02+ 1 more updateSun Communities, Inc. Provides Earnings Guidance for Third Quarter Ending September 30, 2024Sun Communities, Inc. provided earnings guidance for third quarter ending September 30, 2024. For the third quarter, the company expected Diluted EPS to be in the range of $2.46 to $2.56.
お知らせ • Apr 30+ 2 more updatesSun Communities, Inc. Revises Earnings Guidance for Full Year Ending December 31, 2024Sun Communities, Inc. revised earnings guidance for full year ending December 31, 2024. For the full year, the company expected Diluted EPS to be in the range of $1.89 to $2.05 against $2.08 to $2.28 earlier guidance.
Reported Earnings • Jul 28Second quarter 2026 earnings released: EPS: US$0.61 (vs US$1.24 loss in 2Q 2025)Second quarter 2026 results: EPS: US$0.61 (up from US$1.24 loss in 2Q 2025). Revenue: US$484.6m (down 21% from 2Q 2025). Net income: US$74.5m (up US$230.6m from 2Q 2025). Profit margin: 15% (up from net loss in 2Q 2025). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, while revenues in the Residential REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Jul 22Sun Communities, Inc. to Report Q2, 2026 Results on Jul 27, 2026Sun Communities, Inc. announced that they will report Q2, 2026 results After-Market on Jul 27, 2026
Recent Insider Transactions • Jul 01Non-Executive Chairman recently sold €2.6m worth of stockOn the 24th of June, Gary Shiffman sold around 25k shares on-market at roughly €106 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gary's only on-market trade for the last 12 months.
お知らせ • Jun 29+ 5 more updatesSun Communities, Inc.(NYSE:SUI) dropped from Russell 1000 Growth BenchmarkSun Communities, Inc.(NYSE:SUI) dropped from Russell 1000 Growth Benchmark
Upcoming Dividend • Jun 25Upcoming dividend of US$1.12 per shareEligible shareholders must have bought the stock before 30 June 2026. Payment date: 15 July 2026. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.5%).
お知らせ • Jun 23Sun Communities, Inc. Announces Appointment of Ileana Mcalary as General Counsel, Executive Vice President, and Secretary, Effective June 29, 2026Sun Communities, Inc. announced the appointment of Ileana McAlary as General Counsel, Executive Vice President, and Secretary, effective June 29, 2026. An experienced enterprise legal and governance executive, Ms. McAlary joined Sun Communities from SpartanNash, where she served as Executive Vice President, Chief Legal and Compliance Officer, and Corporate Secretary. In that role, she led the company’s legal, compliance, government affairs, aviation, and food safety and quality assurance functions. Earlier in her career, Ms. McAlary served as Vice President, Associate General Counsel and Compliance Officer at Wolverine Worldwide and held senior legal roles at Meijer and Amway Corporation. Ms. McAlary earned her J.D. from Wayne State University Law School and holds a B.A. in International Relations and Business from Grand Valley State University. She is a member of the State Bar of Michigan.
Declared Dividend • Jun 08Dividend of US$1.12 announcedShareholders will receive a dividend of US$1.12. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 3.7%, which is about the same as the industry average.
お知らせ • Jun 04Sun Communities, Inc. Declares Second Quarter 2026 Distribution, Payable on July 15, 2026Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $1.12 per share of common stock for the second quarter of 2026. The distribution is payable on July 15, 2026 to shareholders of record on June 30, 2026.
お知らせ • May 30Sun Communities, Inc. (NYSE:SUI) announces an Equity Buyback for $1,000 million worth of its shares.Sun Communities, Inc. (NYSE:SUI) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its shares. The program will be valid till May 27, 2027.
Recent Insider Transactions • May 28CFO, Executive VP recently sold €2.5m worth of stockOn the 26th of May, Fernando Castro-Caratini sold around 24k shares on-market at roughly €107 per share. This transaction amounted to 70% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Fernando's only on-market trade for the last 12 months.
お知らせ • Apr 29Sun Communities, Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2026; Updates Earnings Guidance for the Full Year Ending December 31, 2026Sun Communities, Inc. provided earnings guidance for the second quarter ending June 30, 2026 and updated earnings guidance for the full year ending December 31, 2026. For the quarter, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $0.62 to $0.70. For the year full year ending December 31, 2026, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $2.16 to $2.36.
お知らせ • Apr 18Sun Communities, Inc. to Report Q1, 2026 Results on Apr 27, 2026Sun Communities, Inc. announced that they will report Q1, 2026 results After-Market on Apr 27, 2026
お知らせ • Mar 31Sun Communities, Inc., Annual General Meeting, May 12, 2026Sun Communities, Inc., Annual General Meeting, May 12, 2026.
お知らせ • Mar 10Sun Communities, Inc. Announces Executive Changes, Effective March 9, 2026Sun Communities, Inc. appointed John B. McLaren, age 55, the Company's current President, as its Chief Operating Officer effective March 9, 2026. In his role as Chief Operating Officer, Mr. McLaren has assumed additional responsibilities directly overseeing the Company's operations team. Mr. McLaren has served the Company in various roles for 24 years. He has been the President of the Company since November 2024. From November 2022 to November 2024, he served the Company as a senior advisor. Previously, he served as the Company's President from 2014 to 2022 and its Chief Operating Officer from 2008 to 2022. On March 9, 2026, Bruce D. Thelen departed from his role as Executive Vice President and Chief Operating Officer of the Company to focus on other opportunities.
お知らせ • Feb 25Sun Communities, Inc. Provides Earnings Guidance for the First Quarter Ending March 31, 2026 and Full Year Ending December 31, 2026Sun Communities, Inc. provided earnings guidance for the First Quarter Ending March 31, 2026 and Full Year Ending December 31, 2026. For the quarter, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $0.14 to $0.22. For the year, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $2.63 to $2.83.
お知らせ • Feb 18Sun Communities, Inc. Announces Increase in Quarterly Distribution and Expects First Quarter Distribution to Be Paid in April 2026Sun Communities, Inc. announced that its Board of Directors approved an increase in its quarterly distribution rate to $1.12 per common share and unit, representing an increase of $0.08 per share, or approximately 8%, over the prior quarterly rate of $1.04 per common share and unit. The new quarterly rate equates to an annual distribution rate of $4.48 per common share and unit and is expected to commence with the first quarter distribution expected to be paid in April 2026. While the Board of Directors has adopted the new annual distribution policy, the amount of each quarterly distribution on the Company's common stock will be subject to approval by the Board of Directors.
お知らせ • Feb 11Sun Communities, Inc. Announces Executive Changes, Effective February 4, 2026Sun Communities, Inc. appointed Fernando Castro-Caratini to serve as Executive Vice President, Secretary and Treasurer of the Company on an interim basis, effective February 4, 2026. Mr. Castro-Caratini will serve as Executive Vice President, Secretary and Treasurer until a permanent Chief Financial Officer is appointed. Mr. Castro-Caratini, age 42, was serving as a senior advisor to the Company prior to his appointment. He previously served as Chief Financial Officer, Executive Vice President, Secretary and Treasurer of the Company for approximately four years. From November 2016 to May 2022, Mr. Castro-Caratini was the Company's Senior Vice President, Finance & Capital Markets. Before joining the Company, Mr. Castro-Caratini was with Citigroup in the Real Estate & Lodging Investment Banking group where he executed on a broad range of strategic and capital markets transactions for real estate and lodging clients. He received a B.A. On February 4, 2026, Mark E. Patten departed from his role as Executive Vice President, Secretary and Treasurer of the Company. His departure was a mutual decision and not due to disagreements over financial policies or practices.
お知らせ • Feb 03Sun Communities, Inc. to Report Q4, 2025 Results on Feb 24, 2026Sun Communities, Inc. announced that they will report Q4, 2025 results After-Market on Feb 24, 2026
お知らせ • Dec 17Sun Communities Announces Chief Financial Officer Transition, Effective January 5, 2026Sun Communities, Inc. announced the appointment of Mark E. Patten as Chief Financial Officer (CFO), effective January 5, 2026. Mr. Patten will succeed Fernando Castro-Caratini, who will transition into an advisory role with the Company. Mr. Patten joins the Company from Essential Properties Realty Trust, Inc., where he serves as Executive Vice President, Chief Financial Officer, and Treasurer. Over the course of his more than 35-year career, he has held senior finance leadership roles across the real estate investment trust (REIT) and professional services sectors, including serving as Chief Financial Officer of CTO Realty Growth, Inc. and Alpine Income Property Trust, Inc., and as Senior Vice President and Chief Accounting Officer of CNL Hotels & Resorts, Inc. Mr. Patten was previously a Partner at KPMG. He holds a Bachelor of Science in Accounting from the University of Florida.
お知らせ • Dec 09Sun Communities, Inc. Declares Fourth Quarter 2025 Distribution, Payable on February 2, 2026Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $1.04 per share of common stock for the fourth quarter of 2025. The distribution is payable on February 2, 2026 to shareholders of record on December 31, 2025.
お知らせ • Oct 30Sun Communities, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year Ending December 31, 2025Sun Communities, Inc. provided earnings guidance for the fourth quarter and full year ending December 31, 2025. For the quarter, the company expects diluted EPS attributable to the consolidated Portfolio of $0.34 to $0.42. For the year, the company expects diluted EPS attributable to the consolidated Portfolio of $10.25 to $10.33.
お知らせ • Oct 10Sun Communities, Inc. to Report Q3, 2025 Results on Oct 29, 2025Sun Communities, Inc. announced that they will report Q3, 2025 results After-Market on Oct 29, 2025
お知らせ • Sep 04Sun Communities, Inc. Declares Third Quarter 2025 Distribution, Payable on October 15, 2025Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $1.04 per share of common stock for the third quarter of 2025. The distribution is payable on October 15, 2025 to shareholders of record on September 30, 2025.
お知らせ • Jul 31+ 1 more updateSun Communities, Inc. Reports Asset Impairments for the Second Quarter Ended June 30, 2025Sun Communities, Inc. reported Asset impairments for the second quarter ended June 30, 2025. For the quarter, the company recorded asset impairment charges of $166.1 million for the quarter ended June 30, 2025, consisting of asset impairment charges of $132.7 million to reduce the carrying value of three development properties in the UK, and asset impairment charges of $32.2 million to reduce the carrying value of three RV properties in the US and Canada, in each case driven by the Company's contemplated change in strategic plan for these properties.
お知らせ • Jul 24+ 1 more updateSun Communities, Inc. Announces Board Changes, Effective October 1, 2025Sun Communities, Inc. announced that its Board of Directors has appointed Charles D. Young to the Company’s Board of Directors, effective October 1, 2025. Mr. Young is a seasoned senior real estate and investment executive with over 25 years of leadership experience in real estate operations, development, and investment management. Since March 2023, he has served as President of Invitation Homes Inc., the nation’s premier single-family home leasing and management company. He previously served as Chief Operating Officer of Invitation Homes, as well as in senior roles at Starwood Waypoint Homes and Mesa Development. Earlier in his career, he worked at Goldman Sachs in real estate principal investment and M&A. Mr. Young holds a BA in Economics and an MBA from Stanford University’s Graduate School of Business. He is on the Board of Directors of Floor & Decor and serves on the Stanford University Board of Trustees. Mr. Shiffman will serve as Non-Executive Chairman of the Board effective October 1, 2025.
お知らせ • Jul 16Sun Communities, Inc. to Report Q2, 2025 Results on Jul 30, 2025Sun Communities, Inc. announced that they will report Q2, 2025 results After-Market on Jul 30, 2025
お知らせ • May 06+ 1 more updateSun Communities, Inc. Provides Earnings Guidance for the Second Quarter and Full Year Ending December 31, 2025Sun Communities, Inc. provided earnings guidance for the second quarter and full year Ending December 31, 2025. For the second quarter, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $11.25 to $11.33. For the full year, the company expects Diluted EPS attributable to the Consolidated Portfolio in the range of $12.62 to $12.82.
お知らせ • May 02Sun Communities, Inc. announces special dividend, payable on May 22, 2025Sun Communities, Inc. announced special dividend of USD 4.0000 per share payable on May 22, 2025, ex-date on May 14, 2025 and record date on May 14, 2025.
お知らせ • Apr 22Sun Communities, Inc. to Report Q1, 2025 Results on May 05, 2025Sun Communities, Inc. announced that they will report Q1, 2025 results After-Market on May 05, 2025
お知らせ • Mar 21Sun Communities, Inc. Appoints Brian Loftus as Principal Accounting OfficerOn March 17, 2025, the Board of Directors of Sun Communities, Inc. appointed Brian Loftus as the principal accounting officer of the Company with the title Senior Vice President and Chief Accounting Officer. Mr. Loftus will report to Fernando Castro-Caratini, the Company’s Executive Vice President, Chief Financial Officer, Secretary and Treasurer. Mr. Loftus, age 43, previously served as Senior Vice President, Corporate Controller of the Company since July 2024. Prior to joining the Company, Mr. Loftus served as Vice President and Chief Financial Officer for Unique Fabricating, Inc., a then publicly traded manufacturer of foam, rubber, and plastic components for the automotive and appliance industries, from April 2020 to November 2023. From October 2018 to April 2020, Mr. Loftus served as Corporate Controller for Wabash National Corporation, a publicly traded leader in the design and manufacturing of engineered solutions for the transportation, logistics and distribution industries. Prior to Wabash, Mr. Loftus served as Corporate Controller for Horizon Global Corporation, a then publicly traded designer, manufacturer, and distributor of towing and trailering equipment from July 2015 to October 2018. Prior to Horizon, Mr. Loftus held various positions with TriMas Corporation, a diversified industrial manufacturer, from August 2009 to June 2015, including Controller for TriMas’ then subsidiary Cequent Performance Products, Inc., Segment Financial Manager, and Corporate Audit Manager. Mr. Loftus began his career in public accounting with Deloitte and Touche LLP. Mr. Loftus earned a Bachelor of Science in Business Administration in Accounting and a Master of Business Administration from Central Michigan University. Mr. Loftus is a Certified Public Accountant in the State of Michigan.
お知らせ • Mar 20Sun Communities, Inc., Annual General Meeting, May 13, 2025Sun Communities, Inc., Annual General Meeting, May 13, 2025.
お知らせ • Mar 15Sun Communities, Inc. Declares Quarterly Distribution for the First Quarter of 2025, Payable on April 15, 2025Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $0.94 per share of common stock for the first quarter of 2025. The distribution is payable on April 15, 2025 to shareholders of record on March 31, 2025.
お知らせ • Feb 27+ 1 more updateSun Communities, Inc. Reports Impairment Charges for the Quarter Ended December 31, 2024Sun Communities, Inc. reported impairment charges for the quarter ended December 31, 2024. For the period, Company reports Goodwill impairment of $180.8 million.
お知らせ • Feb 19Sun Communities, Inc. to Report Q4, 2024 Results on Feb 26, 2025Sun Communities, Inc. announced that they will report Q4, 2024 results After-Market on Feb 26, 2025
お知らせ • Dec 13Bragar Eagel & Squire, P.C. Announces A Class Action Lawsuit Files Against Sun CommunitiesBragar Eagel & Squire, P.C. announced that a class action lawsuit has been filed against Sun Communities in the United States District Court for the Eastern District of Michigan on behalf of all persons and entities who purchased or otherwise acquired SUI securities between February 28, 2019 and September 24, 2024, both dates inclusive (the Class Period). Investors have until February 10, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The complaint alleges that defendants provided investors with material information concerning SUI’s accounting practices and internal control over financial reporting. On September 24, 2024, after market close, an investment research report emerged calling into question the integrity of SUI’s Board and the integrity of the Company’s governance, controls, and financial disclosures. Investors and analysts reacted immediately to SUI’s revelation.
お知らせ • Dec 12Sun Communities, Inc. Announces Board RefreshmentSun Communities, Inc. announced several upcoming changes to its Board of Directors (the “Board”) as part of its ongoing refreshment strategy. Arthur A. Weiss informed the Board that he will retire from the Board on December 31, 2024, Stephanie W. Bergeron informed the Board that she will not stand for re-election to the Board at the Company’s 2025 Annual Meeting of Shareholders, and Clunet R. Lewis informed the Board that he intends to retire from the Board no later than the Company’s 2026 Annual Meeting of Shareholders. Each of Mr. Weiss, Ms. Bergeron and Mr. Lewis will continue to actively serve on the Board until his or her respective retirement date. The Company has retained a director search firm to assist in the identification of qualified candidates for the Board.
お知らせ • Dec 03Sun Communities, Inc. Declares Fourth Quarter 2024 Distribution, Payable on January 15, 2025Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $0.94 per share of common stock for the fourth quarter of 2024. The distribution is payable on January 15, 2025 to shareholders of record on December 31, 2024.
お知らせ • Nov 07+ 2 more updatesSun Communities, Inc. Announces RestructuringSun Communities, Inc. announced a comprehensive restructuring effort to more effectively align the Company's cost structure and deliver sustainable earnings growth. The Company is proactively addressing its challenges and is implementing a plan to unlock the value and earnings potential of the Company. The Company has been considering and studying many of these cost saving initiatives throughout this year and is now accelerating their implementation and expanding the scope of the restructuring. The cost reduction measures include better operating expense management and the implementation of identified efficiencies and savings to the Company’s cost base heading into 2025 to position the business for long-term growth. It is expected that these will be achieved primarily through initiatives such as restructuring the Company’s operational infrastructure, streamlining and optimizing information technology, implementing more effective asset management, payroll savings, and other targeted cost cutting. The Company has identified and intends to realize annualized G&A and operating expense savings of between $15 million and $20 million on a run-rate basis from the restructuring.
お知らせ • Oct 25Sun Communities, Inc. to Report Q3, 2024 Results on Nov 06, 2024Sun Communities, Inc. announced that they will report Q3, 2024 results After-Market on Nov 06, 2024
New Risk • Oct 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.4% increase in shares outstanding).
Upcoming Dividend • Sep 23Upcoming dividend of US$0.94 per shareEligible shareholders must have bought the stock before 30 September 2024. Payment date: 15 October 2024. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.0%).
New Risk • Sep 23New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.4% increase in shares outstanding).
New Risk • Sep 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.4% increase in shares outstanding).
Declared Dividend • Sep 08Second quarter dividend of US$0.94 announcedShareholders will receive a dividend of US$0.94. Ex-date: 30th September 2024 Payment date: 15th October 2024 Dividend yield will be 2.8%, which is lower than the industry average of 3.8%.
お知らせ • Sep 04Sun Communities, Inc. Declares Third Quarter 2024 Distribution, Payable on October 15, 2024Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $0.94 per share of common stock for the third quarter of 2024. The distribution is payable on October 15, 2024 to shareholders of record on September 30, 2024.
New Risk • Aug 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.4% increase in shares outstanding).
New Risk • Aug 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.4% increase in shares outstanding).
New Risk • Aug 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.4% increase in shares outstanding).
New Risk • Aug 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.4% increase in shares outstanding).
お知らせ • Aug 02+ 1 more updateSun Communities, Inc. Provides Earnings Guidance for Third Quarter Ending September 30, 2024Sun Communities, Inc. provided earnings guidance for third quarter ending September 30, 2024. For the third quarter, the company expected Diluted EPS to be in the range of $2.46 to $2.56.
Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: US$0.42 (vs US$0.72 in 2Q 2023)Second quarter 2024 results: EPS: US$0.42 (down from US$0.72 in 2Q 2023). Revenue: US$864.0m (up 1.3% from 2Q 2023). Net income: US$52.1m (down 42% from 2Q 2023). Profit margin: 6.0% (down from 11% in 2Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.
New Risk • Jul 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risk Shareholders have been diluted in the past year (2.3% increase in shares outstanding).
お知らせ • Jul 03Sun Communities, Inc.(NYSE:SUI) dropped from Russell Small Cap Comp Growth IndexSun Communities, Inc.(NYSE:SUI) dropped from Russell Small Cap Comp Growth Index
お知らせ • Jul 02Sun Communities, Inc. to Report Q2, 2024 Results on Jul 31, 2024Sun Communities, Inc. announced that they will report Q2, 2024 results After-Market on Jul 31, 2024
Declared Dividend • Jun 10First quarter dividend of US$0.94 announcedShareholders will receive a dividend of US$0.94. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 3.3%, which is lower than the industry average of 3.8%.
お知らせ • Jun 05Sun Communities, Inc. Declares Quarterly Distribution on Common Stock for the Second Quarter of 2024, Payable on July 15, 2024Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $0.94 per share of common stock for the second quarter of 2024. The distribution is payable on July 15, 2024 to shareholders of record on June 28, 2024.
お知らせ • Apr 30+ 2 more updatesSun Communities, Inc. Revises Earnings Guidance for Full Year Ending December 31, 2024Sun Communities, Inc. revised earnings guidance for full year ending December 31, 2024. For the full year, the company expected Diluted EPS to be in the range of $1.89 to $2.05 against $2.08 to $2.28 earlier guidance.
Reported Earnings • Apr 30First quarter 2024 earnings released: US$0.22 loss per share (vs US$0.24 loss in 1Q 2023)First quarter 2024 results: US$0.22 loss per share (improved from US$0.24 loss in 1Q 2023). Revenue: US$671.3m (up 4.6% from 1Q 2023). Net loss: US$27.4m (loss narrowed 9.3% from 1Q 2023). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 03Sun Communities, Inc. to Report Q1, 2024 Results on Apr 29, 2024Sun Communities, Inc. announced that they will report Q1, 2024 results After-Market on Apr 29, 2024
Upcoming Dividend • Mar 20Upcoming dividend of US$0.94 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (5.6%).
Declared Dividend • Mar 11Fourth quarter dividend of US$0.94 announcedShareholders will receive a dividend of US$0.94. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 2.9%, which is lower than the industry average of 3.8%.
お知らせ • Mar 04Sun Communities, Inc. Declares Quarterly Distribution on Common Stock for the First Quarter of 2024, Payable on April 15, 2024Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $0.94 per share of common stock for the first quarter of 2024. The distribution is payable on April 15, 2024 to shareholders of record on March 29, 2024.
Reported Earnings • Feb 21Full year 2023 earnings released: US$1.73 loss per share (vs US$2.00 profit in FY 2022)Full year 2023 results: US$1.73 loss per share (down from US$2.00 profit in FY 2022). Revenue: US$3.22b (up 9.8% from FY 2022). Net loss: US$213.3m (down 189% from profit in FY 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, while revenues in the Residential REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 21+ 1 more updateSun Communities, Inc. Increases Annual Distribution Rate for 2024Sun Communities, Inc.'s Board of Directors has approved setting the 2024 annual distribution rate at $3.76 per common share and unit, an increase of $0.04, or 1.1%, over the current annual dividend rate of $3.72 per common share and unit for 2023. This increase will begin with the first quarter distribution to be paid in April 2024. While the Board of Directors has adopted the new annual distribution policy, the amount of each quarterly distribution on the Company's common stock will be subject to approval by the Board of Directors.
お知らせ • Feb 16Sun Communities, Inc. Appoints Jerry Ehlinger and Craig Leupold to Board of DirectorsSun Communities, Inc. announced that Jerry Ehlinger and Craig A. Leupold have joined the Company’s Board of Directors (the “Board”), effective immediately. In addition, the Board has established a Capital Allocation Committee to review the Company’s use and investment of capital and make recommendations to the full Board. The Committee will be comprised of Mr. Leupold and two other directors to be named. In connection with these changes to the Board, the Company has entered into a cooperation agreement with Land & Buildings, under which Land & Buildings will vote its shares in favor of all of the Board’s director nominees at the 2024 Annual Meeting of Stockholders. Under the cooperation agreement, Land & Buildings has agreed to customary standstill, voting and other provisions. The full agreement between Sun Communities and L&B will be filed on a Form 8-K with the U.S. Securities and Exchange Commission (the “SEC”). Mr. Ehlinger brings over 25 years of industry experience to the Board. Most recently he served as Global Head and CIO of Public Securities at Heitman Real Estate Investment Management, responsible for all aspects of Heitman’s global public securities business and was a Member of Heitman’s Firmwide Global Management Committee. Prior to that, he was Head of U.S. Public Securities at Heitman, responsible for the operations of the U.S. REIT business. Previously, Mr. Ehlinger served as the Head of Real Estate Securities, Americas and US Portfolio Manager for RREEF, responsible for overseeing all areas of RREEF’s REIT investment management business in the U.S. Prior to his time at RREEF, he was a U.S. Portfolio Manager and Analyst in public real estate securities at Heitman and also served in various REIT research and investment management roles at Morgan Stanley Dean Witter. He completed his undergraduate studies at University of Wisconsin – Whitewater and received a Master of Science in Finance, Investment, and Banking from the University of Wisconsin – Madison. Mr. Ehlinger is a Chartered Financial Analyst. Mr. Leupold brings over 30 years of industry experience to the Board, and is currently the CEO of GSI Capital Advisors, an investment manager with expertise in publicly traded real estate securities, based in Newport Beach, CA. Prior to that, Leupold spent 27 years at Green Street Advisors, the last twelve of which as the firm's CEO, guiding its strategic direction and overseeing its client relationships and interactions. Mr. Leupold previously served on the Board of Directors of American Campus Communities Inc., the largest developer, owner and manager of student housing communities in the United States, until the sale of the company to Blackstone. He completed his undergraduate studies at the University of California – San Diego, and received his Masters of Business Administration in Finance and Real Estate at Columbia University.
Upcoming Dividend • Dec 21Upcoming dividend of US$0.93 per share at 2.8% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 16 January 2024. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%).
お知らせ • Dec 02Sun Communities, Inc. Declares Distribution for the Fourth Quarter of 2023, Payable on January 16, 2024Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $0.93 per share of common stock for the fourth quarter of 2023. The distribution is payable on January 16, 2024 to shareholders of record on December 29, 2023.
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: US$1.32 (vs US$1.32 in 3Q 2022)Third quarter 2023 results: EPS: US$1.32 (up from US$1.32 in 3Q 2022). Revenue: US$983.2m (up 6.4% from 3Q 2022). Net income: US$163.1m (up 1.0% from 3Q 2022). Profit margin: 17% (in line with 3Q 2022). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.
お知らせ • Oct 26+ 1 more updateSun Communities, Inc. Provides Earnings Guidance for Fourth Quarter Ending December 31, 2023Sun Communities, Inc. provided earnings guidance for the fourth quarter ending December 31, 2023. For the quarter, the company expected earnings to be in the range of Diluted EPS of $0.12 to Diluted EPS of $0.20.
お知らせ • Oct 13An unknown buyer agreed to acquire 10.25% stake in Ingenia Communities Group (ASX:INA) from Sun Communities, Inc. $100 million.An unknown buyer agreed to acquire 10.25% stake in Ingenia Communities Group (ASX:INA) from Sun Communities, Inc. $100 million on October 12, 2023. Sun Communities has decided to dispose of its direct holdings in Ingenia shares and to use the net proceeds to pay down debt.
お知らせ • Sep 26Sun Communities, Inc. to Report Q3, 2023 Results on Oct 25, 2023Sun Communities, Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Oct 25, 2023
Upcoming Dividend • Sep 21Upcoming dividend of US$0.93 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 16 October 2023. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.0%).
お知らせ • Aug 18Sun Communities, Inc. Declares Distribution for the Third Quarter of 2023, Payable on October 16, 2023Sun Communities, Inc. announced its Board of Directors declared a quarterly distribution of $0.93 per share of common stock for the third quarter of 2023. The distribution is payable on October 16, 2023 to shareholders of record on September 29, 2023.
Reported Earnings • Jul 27Second quarter 2023 earnings released: EPS: US$0.73 (vs US$0.61 in 2Q 2022)Second quarter 2023 results: EPS: US$0.73 (up from US$0.61 in 2Q 2022). Revenue: US$863.5m (up 7.1% from 2Q 2022). Net income: US$89.8m (up 22% from 2Q 2022). Profit margin: 10% (up from 9.1% in 2Q 2022). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 25New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.9% net profit margin). Shareholders have been diluted in the past year (2.1% increase in shares outstanding).
Upcoming Dividend • Jun 22Upcoming dividend of US$0.93 per share at 2.8% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 17 July 2023. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.4%).
お知らせ • Jun 07+ 1 more updateSun Communities, Inc. to Report Q2, 2023 Results on Jul 26, 2023Sun Communities, Inc. announced that they will report Q2, 2023 results After-Market on Jul 26, 2023
Reported Earnings • Apr 28First quarter 2023 earnings released: FFO per share: US$1.2 (vs US$1.36 in 1Q 2022)First quarter 2023 results: FFO per share: US$1.2 (down from US$1.36 in 1Q 2022). Revenue: US$641.5m (up 19% from 1Q 2022). Funds from operations (FFO): US$145.9m (down 6.1% from 1Q 2022). FFO margin: 23% (down from 29% in 1Q 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Recent Insider Transactions • Mar 02Lead Independent Director recently sold €210k worth of stockOn the 27th of February, Clunet Lewis sold around 2k shares on-market at roughly €140 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.9m more than they bought in the last 12 months.
Buying Opportunity • Feb 25Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.4%. The fair value is estimated to be €174, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings is also forecast to grow by 9.8% per annum over the same time period.
Reported Earnings • Feb 24Full year 2022 earnings released: EPS: US$2.01 (vs US$3.36 in FY 2021)Full year 2022 results: EPS: US$2.01 (down from US$3.36 in FY 2021). Revenue: US$2.97b (up 32% from FY 2021). Net income: US$242.0m (down 36% from FY 2021). Profit margin: 8.1% (down from 17% in FY 2021). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Jan 27Sun Communities, Inc. Appoints Jeff Blau as an Independent DirectorSun Communities, Inc. announced that Mr. Jeff Blau has joined the Company’s Board of Directors as an independent director, effective January 25, 2023. Mr. Blau is Chief Executive Officer and a partner of Related Companies, a fully-integrated real estate firm based in New York, NY. For over 33 years, he has directed and overseen new developments totaling over $60 billion in virtually every sector of the real estate industry. As CEO, he is responsible for Related Companies’ strategic direction, acquisitions and new development opportunities, and financing activities across all business platforms. Mr. Blau serves on the Board of Directors of Equinox Holdings, Inc., a New York City-based luxury fitness company that serves customers worldwide and which operates several lifestyle brands, including Equinox, Equinox Hotels, and SoulCycle; he also serves on the Board of Real Estate Roundtable, where he Chairs the Equity, Diversity and Inclusion Committee (ED&I). Mr. Blau has received numerous honors for his business, civic and philanthropic activities, including being named to Crain’s New York’s New Influentials list of 25 leaders reshaping New York, and serves on the boards of the Central Park Conservancy, the New York City Partnership Fund, Robin Hood Foundation, Trinity School, Lincoln Center, and The Mount Sinai Medical Center. Mr. Blau completed his undergraduate studies at the University of Michigan, received a Master of Business Administration from the Wharton School of the University of Pennsylvania, and serves on the Boards of both schools.