Sun Communities（SUI）株式概要サン・コミュニティーズは1993年12月に株式公開企業となった。 詳細SUI ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長3/6過去の実績0/6財務の健全性3/6配当金5/6報酬当社が推定した公正価値より41.1%で取引されている 収益は年間34.79%増加すると予測されています 3.64%の安定した配当金を支払う リスク分析利払いは収益で十分にカバーされない 過去3か月間に大規模なインサイダー売却が発生 すべてのリスクチェックを見るSUI Community Fair Values Create NarrativeSee what 17 others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN11.6% undervaluedAnalystConsensusTarget•23d agoUS Manufactured Housing Demand Will Secure Long Term Success14718Top Analyst NarrativesSun CommunitiesANAnalystConsensusTargetBased on Analyst Price TargetsUS Manufactured Housing Demand Will Secure Long Term SuccessKey Takeaways Strong housing demand and high barriers to entry drive stable occupancy, rent growth, and predictable long-term cash flow in core manufactured housing and RV segments. Operational efficiencies, leadership changes, and a stronger balance sheet enhance earnings and financial flexibility, enabling strategic expansion in high-demand markets.View narrativeUS$142.83FV11.6% 割安 内在価値ディスカウントSet Fair ValueView147users have viewed this narrative1users have liked this narrative1users have commented on this narrative8users have followed this narrative23 days ago author updated this narrativeView all narrativesSun Communities, Inc. 競合他社Invitation HomesSymbol: NYSE:INVHMarket cap: US$17.1bEquity LifeStyle PropertiesSymbol: NYSE:ELSMarket cap: US$12.6bAmerican Homes 4 RentSymbol: NYSE:AMHMarket cap: US$13.0bUMH PropertiesSymbol: NYSE:UMHMarket cap: US$1.3b価格と性能株価の高値、安値、推移の概要Sun Communities過去の株価現在の株価US$126.2952週高値US$137.8552週安値US$115.53ベータ0.811ヶ月の変化-2.27%3ヶ月変化-3.48%1年変化6.14%3年間の変化-0.46%5年間の変化-23.67%IPOからの変化523.65%最新ニュースライブニュース • May 18Sun Communities Reaches US$2.3 Million Settlement Addressing Investor Claims on Governance and Insider LoansSun Communities has reached a preliminary US$2.3 million class action settlement over claims it misled investors about corporate governance and undisclosed insider loans involving its CEO and board members. The settlement covers securities fraud allegations for investors who bought Sun Communities common stock from February 2019 through September 2024. A Settlement Hearing is scheduled for July 29, 2026, and investors must submit claims or exclusion requests by July 1, 2026. If approved, this settlement would help clear a legal overhang tied to governance and disclosure practices, which has been a point of concern for some investors. Investors may wish to monitor any additional governance changes or disclosure updates the company outlines as this process moves toward the 2026 court hearing.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.Reported Earnings • Apr 28First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: FFO per share: US$1.0 (down from US$1.12 in 1Q 2025). Revenue: US$507.9m (up 7.7% from 1Q 2025). Funds from operations (FFO): US$121.6m (down 13% from 1Q 2025). FFO margin: 24% (down from 30% in 1Q 2025). Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) missed analyst estimates by 129%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.ナラティブの更新 • Apr 28SUI: 2026 Guidance And Investment Capacity Will Drive Measured REIT UpsideAnalysts have trimmed the Sun Communities fair value estimate slightly to $142.83 from $143.39, reflecting modest shifts in the discount rate, long-term margin, and future P/E assumptions, while Street research remains broadly constructive with a mix of upward and downward price target revisions. Analyst Commentary Recent Street research around Sun Communities shows a generally constructive tone, with most updates focusing on refreshed models after Q4 results, new leadership, and revised targets that cluster around the current fair value estimate range.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, 2026Seeking Alpha • Apr 17Sun Communities: An RV And Mobile Home REIT Outshining In Growth And RatingsSummary Sun Communities, Inc. is reaffirmed as a buy, supported by robust portfolio growth, high occupancy, and investment-grade credit ratings. Sun Communities benefits from favorable supply/demand dynamics in manufactured housing and RV parks, with a competitive 10-year share price return so far and strong geographic diversification. Dividend growth remains compelling, with a 10-year CAGR of +5% and AFFO coverage near 1.9x, despite a modest 3.4% dividend yield. My price target is $136.20 by Dec. 2027 (+7% upside), justified by improving margins, resilient FFO/NOI growth, and premium valuation. Wall St. also has an average upside target of over 10%. Read the full article on Seeking Alpha最新情報をもっと見るRecent updatesライブニュース • May 18Sun Communities Reaches US$2.3 Million Settlement Addressing Investor Claims on Governance and Insider LoansSun Communities has reached a preliminary US$2.3 million class action settlement over claims it misled investors about corporate governance and undisclosed insider loans involving its CEO and board members. The settlement covers securities fraud allegations for investors who bought Sun Communities common stock from February 2019 through September 2024. A Settlement Hearing is scheduled for July 29, 2026, and investors must submit claims or exclusion requests by July 1, 2026. If approved, this settlement would help clear a legal overhang tied to governance and disclosure practices, which has been a point of concern for some investors. Investors may wish to monitor any additional governance changes or disclosure updates the company outlines as this process moves toward the 2026 court hearing.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.Reported Earnings • Apr 28First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: FFO per share: US$1.0 (down from US$1.12 in 1Q 2025). Revenue: US$507.9m (up 7.7% from 1Q 2025). Funds from operations (FFO): US$121.6m (down 13% from 1Q 2025). FFO margin: 24% (down from 30% in 1Q 2025). Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) missed analyst estimates by 129%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.ナラティブの更新 • Apr 28SUI: 2026 Guidance And Investment Capacity Will Drive Measured REIT UpsideAnalysts have trimmed the Sun Communities fair value estimate slightly to $142.83 from $143.39, reflecting modest shifts in the discount rate, long-term margin, and future P/E assumptions, while Street research remains broadly constructive with a mix of upward and downward price target revisions. Analyst Commentary Recent Street research around Sun Communities shows a generally constructive tone, with most updates focusing on refreshed models after Q4 results, new leadership, and revised targets that cluster around the current fair value estimate range.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, 2026Seeking Alpha • Apr 17Sun Communities: An RV And Mobile Home REIT Outshining In Growth And RatingsSummary Sun Communities, Inc. is reaffirmed as a buy, supported by robust portfolio growth, high occupancy, and investment-grade credit ratings. Sun Communities benefits from favorable supply/demand dynamics in manufactured housing and RV parks, with a competitive 10-year share price return so far and strong geographic diversification. Dividend growth remains compelling, with a 10-year CAGR of +5% and AFFO coverage near 1.9x, despite a modest 3.4% dividend yield. My price target is $136.20 by Dec. 2027 (+7% upside), justified by improving margins, resilient FFO/NOI growth, and premium valuation. Wall St. also has an average upside target of over 10%. Read the full article on Seeking Alphaナラティブの更新 • Apr 11SUI: 2026 Guidance And Capital Deployment Will Support Measured REIT UpsideAnalysts have nudged the Sun Communities fair value estimate slightly lower to $143.39 from $143.41. This reflects refreshed models that incorporate a modestly higher discount rate, a future P/E of about 48.6x, and a wave of new and raised Street price targets clustered around $140 to $155.お知らせ • Mar 31Sun Communities, Inc., Annual General Meeting, May 12, 2026Sun Communities, Inc., Annual General Meeting, May 12, 2026.ナラティブの更新 • Mar 28SUI: 2026 Guidance And Capital Deployment Firepower Will Support REIT UpsideNarrative Update The updated analyst price target for Sun Communities is essentially unchanged at about $143.41. Analysts are balancing slightly lower revenue growth assumptions with a modestly higher profit margin outlook and a small reduction in the projected P/E multiple, supported by a cluster of recent target tweaks and generally positive ratings across firms.Declared Dividend • Mar 16Dividend of US$1.12 announcedShareholders will receive a dividend of US$1.12. Ex-date: 31st March 2026 Payment date: 15th April 2026 Dividend yield will be 6.1%, which is higher than the industry average of 3.8%.ナラティブの更新 • Mar 12SUI: 2026 Guidance And Capital Returns Will Support Measured REIT OutlookOur Sun Communities price target has increased slightly to $143.47 from $140.24, reflecting analysts' updated models around Q4 results, 2026 guidance, and a series of new Street targets clustered in the $140 to $155 range. Analyst Commentary Recent Street research around Sun Communities clusters price targets in a relatively tight $127 to $155 range, with most updates linked to Q4 results and 2026 guidance.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.Recent Insider Transactions Derivative • Mar 01Independent Director notifies of intention to sell stockClunet Lewis intends to sell 9k shares in the next 90 days after lodging an Intent To Sell Form on the 27th of February. If the sale is conducted around the recent share price of US$136, it would amount to US$1.2m. Since March 2025, Clunet's direct individual holding has increased from 30.00k shares to 30.82k. Company insiders have collectively sold US$73k more than they bought, via options and on-market transactions in the last 12 months.ナラティブの更新 • Feb 26SUI: 2026 Guidance And Buybacks Will Shape Fairly Balanced OutlookAnalysts have nudged their average price target on Sun Communities slightly higher to reflect updated 2026 guidance and sector outlooks, including recent target moves in the $127 to $148 range that are tied to refreshed views on revenue growth, margins, and future price-to-earnings assumptions. Analyst Commentary Recent price target adjustments on Sun Communities cluster in the $127 to $148 range, with analysts tuning their models around the company's 2026 guidance and broader real estate assumptions.Reported Earnings • Feb 25Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: US$0.55 loss per share (down from US$0.71 profit in FY 2024). Revenue: US$2.31b (down 28% from FY 2024). Net loss: US$68.4m (down 177% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.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, 2026Upcoming Dividend • Dec 26Upcoming dividend of US$1.04 per shareEligible shareholders must have bought the stock before 31 December 2025. Payment date: 02 February 2026. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (4.3%).New Risk • Dec 19New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$20m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risk Significant insider selling over the past 3 months (US$20m sold).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.Declared Dividend • Dec 12Dividend of US$1.04 announcedShareholders will receive a dividend of US$1.04. Ex-date: 31st December 2025 Payment date: 2nd February 2026 Dividend yield will be 6.6%, which is higher than the industry average of 3.8%.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.Board Change • Nov 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. CEO & Director Charles Young was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: US$0.049 loss per share (down from US$2.31 profit in 3Q 2024). Revenue: US$697.2m (down 25% from 3Q 2024). Net loss: US$6.10m (down 102% from profit in 3Q 2024). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) were also behind analyst expectations. Revenue is expected to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Residential REITs industry in the US are expected to grow by 3.3%. Over the last 3 years on average, earnings per share has fallen by 55% 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 • 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, 2025Upcoming Dividend • Sep 23Upcoming dividend of US$1.04 per shareEligible shareholders must have bought the stock before 30 September 2025. Payment date: 15 October 2025. Trailing yield: 3.2%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (3.9%).Declared Dividend • Sep 08Dividend of US$1.04 announcedShareholders will receive a dividend of US$1.04. Ex-date: 30th September 2025 Payment date: 15th October 2025 Dividend yield will be 6.1%, which is higher than the industry average of 3.8%.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.New Risk • Aug 19New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 03Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: FFO per share: US$1.4 (down from US$1.88 in 2Q 2024). Revenue: US$612.7m (up 4.0% from 2Q 2024). Funds from operations (FFO): US$179.5m (down 23% from 2Q 2024). FFO margin: 29% (down from 39% in 2Q 2024). Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is expected to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Residential REITs industry in the US are expected to grow by 4.6%. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.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, 2025Upcoming Dividend • Jun 23Upcoming dividend of US$1.04 per shareEligible shareholders must have bought the stock before 30 June 2025. Payment date: 15 July 2025. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (3.7%).Major Estimate Revision • Jun 20Consensus EPS estimates increase by 54%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$1.39 to US$2.14. Revenue forecast steady at US$2.34b. Net income forecast to grow 248% next year vs 6.2% growth forecast for Residential REITs industry in the US. Consensus price target broadly unchanged at US$139. Share price was steady at US$126 over the past week.New Risk • Jun 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 4.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings are forecast to decline by an average of 4.4% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.Declared Dividend • Jun 08Dividend of US$1.04 announcedShareholders will receive a dividend of US$1.04. Ex-date: 30th June 2025 Payment date: 15th July 2025 Dividend yield will be 6.3%, which is higher than the industry average of 3.8%.Major Estimate Revision • May 30Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from US$4.38 to US$3.84. Revenue forecast unchanged from US$2.32b at last update. Net income forecast to grow 613% next year vs 2.4% growth forecast for Residential REITs industry in the US. Consensus price target of US$139 unchanged from last update. Share price rose 2.9% to US$123 over the past week.Major Estimate Revision • May 21Consensus EPS estimates increase by 1,653%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$0.25 to US$4.38. Revenue forecast steady at US$2.32b. Net income forecast to grow 743% next year vs 3.2% growth forecast for Residential REITs industry in the US. Consensus price target broadly unchanged at US$139. Share price was steady at US$121 over the past week.New Risk • May 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 16% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.Upcoming Dividend • May 07Upcoming dividend of US$4.00 per shareEligible shareholders must have bought the stock before 14 May 2025. Payment date: 22 May 2025. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.9%). In line with average of industry peers (3.6%).Reported Earnings • May 06First quarter 2025 earnings releasedFirst quarter 2025 results: Net income: (up US$27.2m from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 62% 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.Buy Or Sell Opportunity • May 06Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.3% to US$125. The fair value is estimated to be US$162, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Meanwhile, the company has become profitable.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, 2025Seeking Alpha • Mar 25Bear Thesis Crushed As Massive Deal Leaves Bears Speechless: Sun CommunitiesSummary Sun Communities sold its interest in Safe Harbor Marinas, significantly reducing leverage and strengthening its balance sheet. This transaction showcases SUI's strong financial management and strategic decision-making. Post-transaction, SUI's net debt to EBITDA drops to 2.5x-3x, making it one of the least leveraged REITs. Despite lower gross revenue, SUI's focus on mobile homes and RV sites enhances its business model and reduces investment risk. Read the full article on Seeking Alpha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.Declared Dividend • Mar 19Fourth quarter dividend of US$0.94 announcedDividend of US$0.94 is the same as last year. Ex-date: 31st March 2025 Payment date: 15th April 2025 Dividend yield will be 2.9%, which is lower than the industry average of 3.8%.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.Major Estimate Revision • Mar 09Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$1.83 to US$2.01. Revenue forecast unchanged at US$2.96b. Net income forecast to grow 207% next year vs 1.2% decline forecast for Residential REITs industry in the US. Consensus price target broadly unchanged at US$138. Share price was steady at US$134 over the past week.Reported Earnings • Feb 27Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: US$0.71 (up from US$1.71 loss in FY 2023). Revenue: US$3.22b (up 1.3% from FY 2023). Net income: US$89.0m (up US$300.5m from FY 2023). Profit margin: 2.8% (up from net loss in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 70%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.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, 2025Seeking Alpha • Jan 26Sun Communities: Not Your Ordinary Residential LandlordSummary Sun Communities, a leading REIT in manufactured housing, RV communities, and marinas, is undervalued and offers a conservative upside with a "Buy" rating at $140/share. Despite a sub-3.1% yield, SUI's unique asset mix and historical performance make it a strong investment, with expected 15% annual returns. The company's fundamentals are solid, with high occupancy rates, strategic debt reduction, and growth in earnings and AFFO projected for 2025 and beyond. SUI's valuation premium is justified by its unique assets and consistent performance, making it attractive below $130/share and a bargain under $110/share. Read the full article on Seeking Alpha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.Seeking Alpha • Nov 10Sun Communities Is A Bargain After Bad QuarterSummary Sun Communities had a disappointing quarter, with Core FFO and annual guidance falling below consensus estimates due to non-recurring overhead expenses and increased property operating costs. Management is aware of the challenges and is committed to addressing underperformance, aiming for a return to growth in 2025. I remain bullish on SUI stock, believing it to be one of the more attractive equity REITs, despite industry-wide challenges from higher interest rates. Read the full article on Seeking Alpha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, 2024Upcoming 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 American dividend payers (4.3%). Lower than average of industry peers (3.2%).Seeking Alpha • Sep 23Sun Communities: Covered Calls Can Compensate Low Leverage (Rating Downgrade)Summary Sun Communities is a residential REIT focused on Manufactured Housing (45% of rental revenue), Recreational Vehicles (26%), and Marinas (21%). Recent asset sales and share price strength have pushed the proportion of debt in the enterprise value to only 29%, indicating limited benefits from Fed rate cuts. The company confirmed its core FFO outlook for 2024 as the metric does not include one-off gains that will be booked in Q3 2024. The REIT's core FFO multiple and market-implied cap rate are in line with large peers. I think selling covered calls can outperform a buy-and-hold approach. Key risks to consider include limiting your gains with covered calls, as well as the resiliency of strong operating fundamentals such as occupancy and net operating income. Read the full article on Seeking AlphaDeclared Dividend • Sep 06Second 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 2.7%, 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).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: EPS and revenues miss analyst expectationsSecond 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 missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 35%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.New Risk • Jul 28New 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).Seeking Alpha • Jul 09Fun In The Sun (Communities)Summary Valuation for Sun Communities, Inc. is now more attractive than before, with potential for 15%+ annualized upside, even at close to 20x P/FFO. Sun Communities is a residential REIT with exposure to underappreciated areas like manufactured housing, RV communities, and marinas. The company has not outperformed significantly since the last update, making it more attractive in terms of valuation. Read the full article on Seeking Alpha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 06First 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 3.1%, 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: EPS misses analyst expectationsFirst 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 was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 79%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Residential REITs industry in the US. 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 12% 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 American dividend payers (4.8%). Lower than average of industry peers (3.8%).Declared Dividend • Mar 06Fourth quarter dividend increased to US$0.94Dividend of US$0.94 is 1.1% higher than last year. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 2.8%, which is lower than the industry average of 3.8%.Declared Dividend • Mar 06Fourth quarter dividend increased to US$0.94Dividend of US$0.94 is 1.1% higher than last year. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 2.8%, which is lower than the industry average of 3.8%.Seeking Alpha • Mar 05Sun Communities: Growth At A High PriceSummary Sun Communities is a non-traditional residential REIT that focuses on mobile home parks, RV resorts, and marinas. The company has consistently raised rental rates and maintained high occupancy rates, indicating affordability for tenants. Sun Communities has strong revenue growth, cash flow generation, and a history of dividend hikes, but its high valuation may deter some investors. Read the full article on Seeking Alpha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 22Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull 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 exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Residential REITs industry in the US. 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 5% 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.株主還元SUIUS Residential REITsUS 市場7D3.6%0.8%-0.3%1Y6.1%-7.8%26.7%株主還元を見る業界別リターン: SUI過去 1 年間で-7.8 % の収益を上げたUS Residential REITs業界を上回りました。リターン対市場: SUIは、過去 1 年間で26.7 % のリターンを上げたUS市場を下回りました。価格変動Is SUI's price volatile compared to industry and market?SUI volatilitySUI Average Weekly Movement2.1%Residential REITs Industry Average Movement2.8%Market Average Movement7.2%10% most volatile stocks in US Market16.2%10% least volatile stocks in US Market3.2%安定した株価: SUI 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: SUIの 週次ボラティリティ ( 2% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19753,611Charles Youngwww.suncommunities.comサン・コミュニティーズは1993年12月に株式公開企業となった。当社はニューヨーク証券取引所に上場している総合型REITである。2026年3月31日現在、当社は米国、カナダ、英国で約179,300の開発用地を含む515のMH、RV、UKの開発済み物件を所有、運営、またはその持分を持っている。もっと見るSun Communities, Inc. 基礎のまとめSun Communities の収益と売上を時価総額と比較するとどうか。SUI 基礎統計学時価総額US$15.47b収益（TTM）-US$60.80m売上高(TTM)US$2.34b6.7xP/Sレシオ-256.0xPER（株価収益率SUI は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計SUI 損益計算書（TTM）収益US$2.34b売上原価US$1.09b売上総利益US$1.25bその他の費用US$1.31b収益-US$60.80m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）-0.49グロス・マージン53.23%純利益率-2.60%有利子負債／自己資本比率61.9%SUI の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.5%現在の配当利回り62%配当性向View Valuation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2026/05/21 21:58終値2026/05/21 00:00収益2026/03/31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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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 GolladayBairdRichard HightowerBarclaysAnthony PowellBarclays35 その他のアナリストを表示
ライブニュース • May 18Sun Communities Reaches US$2.3 Million Settlement Addressing Investor Claims on Governance and Insider LoansSun Communities has reached a preliminary US$2.3 million class action settlement over claims it misled investors about corporate governance and undisclosed insider loans involving its CEO and board members. The settlement covers securities fraud allegations for investors who bought Sun Communities common stock from February 2019 through September 2024. A Settlement Hearing is scheduled for July 29, 2026, and investors must submit claims or exclusion requests by July 1, 2026. If approved, this settlement would help clear a legal overhang tied to governance and disclosure practices, which has been a point of concern for some investors. Investors may wish to monitor any additional governance changes or disclosure updates the company outlines as this process moves toward the 2026 court hearing.
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.
Reported Earnings • Apr 28First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: FFO per share: US$1.0 (down from US$1.12 in 1Q 2025). Revenue: US$507.9m (up 7.7% from 1Q 2025). Funds from operations (FFO): US$121.6m (down 13% from 1Q 2025). FFO margin: 24% (down from 30% in 1Q 2025). Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) missed analyst estimates by 129%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
ナラティブの更新 • Apr 28SUI: 2026 Guidance And Investment Capacity Will Drive Measured REIT UpsideAnalysts have trimmed the Sun Communities fair value estimate slightly to $142.83 from $143.39, reflecting modest shifts in the discount rate, long-term margin, and future P/E assumptions, while Street research remains broadly constructive with a mix of upward and downward price target revisions. Analyst Commentary Recent Street research around Sun Communities shows a generally constructive tone, with most updates focusing on refreshed models after Q4 results, new leadership, and revised targets that cluster around the current fair value estimate range.
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
Seeking Alpha • Apr 17Sun Communities: An RV And Mobile Home REIT Outshining In Growth And RatingsSummary Sun Communities, Inc. is reaffirmed as a buy, supported by robust portfolio growth, high occupancy, and investment-grade credit ratings. Sun Communities benefits from favorable supply/demand dynamics in manufactured housing and RV parks, with a competitive 10-year share price return so far and strong geographic diversification. Dividend growth remains compelling, with a 10-year CAGR of +5% and AFFO coverage near 1.9x, despite a modest 3.4% dividend yield. My price target is $136.20 by Dec. 2027 (+7% upside), justified by improving margins, resilient FFO/NOI growth, and premium valuation. Wall St. also has an average upside target of over 10%. Read the full article on Seeking Alpha
ライブニュース • May 18Sun Communities Reaches US$2.3 Million Settlement Addressing Investor Claims on Governance and Insider LoansSun Communities has reached a preliminary US$2.3 million class action settlement over claims it misled investors about corporate governance and undisclosed insider loans involving its CEO and board members. The settlement covers securities fraud allegations for investors who bought Sun Communities common stock from February 2019 through September 2024. A Settlement Hearing is scheduled for July 29, 2026, and investors must submit claims or exclusion requests by July 1, 2026. If approved, this settlement would help clear a legal overhang tied to governance and disclosure practices, which has been a point of concern for some investors. Investors may wish to monitor any additional governance changes or disclosure updates the company outlines as this process moves toward the 2026 court hearing.
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.
Reported Earnings • Apr 28First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: FFO per share: US$1.0 (down from US$1.12 in 1Q 2025). Revenue: US$507.9m (up 7.7% from 1Q 2025). Funds from operations (FFO): US$121.6m (down 13% from 1Q 2025). FFO margin: 24% (down from 30% in 1Q 2025). Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) missed analyst estimates by 129%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
ナラティブの更新 • Apr 28SUI: 2026 Guidance And Investment Capacity Will Drive Measured REIT UpsideAnalysts have trimmed the Sun Communities fair value estimate slightly to $142.83 from $143.39, reflecting modest shifts in the discount rate, long-term margin, and future P/E assumptions, while Street research remains broadly constructive with a mix of upward and downward price target revisions. Analyst Commentary Recent Street research around Sun Communities shows a generally constructive tone, with most updates focusing on refreshed models after Q4 results, new leadership, and revised targets that cluster around the current fair value estimate range.
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
Seeking Alpha • Apr 17Sun Communities: An RV And Mobile Home REIT Outshining In Growth And RatingsSummary Sun Communities, Inc. is reaffirmed as a buy, supported by robust portfolio growth, high occupancy, and investment-grade credit ratings. Sun Communities benefits from favorable supply/demand dynamics in manufactured housing and RV parks, with a competitive 10-year share price return so far and strong geographic diversification. Dividend growth remains compelling, with a 10-year CAGR of +5% and AFFO coverage near 1.9x, despite a modest 3.4% dividend yield. My price target is $136.20 by Dec. 2027 (+7% upside), justified by improving margins, resilient FFO/NOI growth, and premium valuation. Wall St. also has an average upside target of over 10%. Read the full article on Seeking Alpha
ナラティブの更新 • Apr 11SUI: 2026 Guidance And Capital Deployment Will Support Measured REIT UpsideAnalysts have nudged the Sun Communities fair value estimate slightly lower to $143.39 from $143.41. This reflects refreshed models that incorporate a modestly higher discount rate, a future P/E of about 48.6x, and a wave of new and raised Street price targets clustered around $140 to $155.
お知らせ • Mar 31Sun Communities, Inc., Annual General Meeting, May 12, 2026Sun Communities, Inc., Annual General Meeting, May 12, 2026.
ナラティブの更新 • Mar 28SUI: 2026 Guidance And Capital Deployment Firepower Will Support REIT UpsideNarrative Update The updated analyst price target for Sun Communities is essentially unchanged at about $143.41. Analysts are balancing slightly lower revenue growth assumptions with a modestly higher profit margin outlook and a small reduction in the projected P/E multiple, supported by a cluster of recent target tweaks and generally positive ratings across firms.
Declared Dividend • Mar 16Dividend of US$1.12 announcedShareholders will receive a dividend of US$1.12. Ex-date: 31st March 2026 Payment date: 15th April 2026 Dividend yield will be 6.1%, which is higher than the industry average of 3.8%.
ナラティブの更新 • Mar 12SUI: 2026 Guidance And Capital Returns Will Support Measured REIT OutlookOur Sun Communities price target has increased slightly to $143.47 from $140.24, reflecting analysts' updated models around Q4 results, 2026 guidance, and a series of new Street targets clustered in the $140 to $155 range. Analyst Commentary Recent Street research around Sun Communities clusters price targets in a relatively tight $127 to $155 range, with most updates linked to Q4 results and 2026 guidance.
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.
Recent Insider Transactions Derivative • Mar 01Independent Director notifies of intention to sell stockClunet Lewis intends to sell 9k shares in the next 90 days after lodging an Intent To Sell Form on the 27th of February. If the sale is conducted around the recent share price of US$136, it would amount to US$1.2m. Since March 2025, Clunet's direct individual holding has increased from 30.00k shares to 30.82k. Company insiders have collectively sold US$73k more than they bought, via options and on-market transactions in the last 12 months.
ナラティブの更新 • Feb 26SUI: 2026 Guidance And Buybacks Will Shape Fairly Balanced OutlookAnalysts have nudged their average price target on Sun Communities slightly higher to reflect updated 2026 guidance and sector outlooks, including recent target moves in the $127 to $148 range that are tied to refreshed views on revenue growth, margins, and future price-to-earnings assumptions. Analyst Commentary Recent price target adjustments on Sun Communities cluster in the $127 to $148 range, with analysts tuning their models around the company's 2026 guidance and broader real estate assumptions.
Reported Earnings • Feb 25Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: US$0.55 loss per share (down from US$0.71 profit in FY 2024). Revenue: US$2.31b (down 28% from FY 2024). Net loss: US$68.4m (down 177% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
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
Upcoming Dividend • Dec 26Upcoming dividend of US$1.04 per shareEligible shareholders must have bought the stock before 31 December 2025. Payment date: 02 February 2026. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (4.3%).
New Risk • Dec 19New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$20m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risk Significant insider selling over the past 3 months (US$20m sold).
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.
Declared Dividend • Dec 12Dividend of US$1.04 announcedShareholders will receive a dividend of US$1.04. Ex-date: 31st December 2025 Payment date: 2nd February 2026 Dividend yield will be 6.6%, which is higher than the industry average of 3.8%.
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.
Board Change • Nov 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. CEO & Director Charles Young was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: US$0.049 loss per share (down from US$2.31 profit in 3Q 2024). Revenue: US$697.2m (down 25% from 3Q 2024). Net loss: US$6.10m (down 102% from profit in 3Q 2024). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) were also behind analyst expectations. Revenue is expected to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Residential REITs industry in the US are expected to grow by 3.3%. Over the last 3 years on average, earnings per share has fallen by 55% 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 • 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
Upcoming Dividend • Sep 23Upcoming dividend of US$1.04 per shareEligible shareholders must have bought the stock before 30 September 2025. Payment date: 15 October 2025. Trailing yield: 3.2%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (3.9%).
Declared Dividend • Sep 08Dividend of US$1.04 announcedShareholders will receive a dividend of US$1.04. Ex-date: 30th September 2025 Payment date: 15th October 2025 Dividend yield will be 6.1%, which is higher than the industry average of 3.8%.
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.
New Risk • Aug 19New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 03Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: FFO per share: US$1.4 (down from US$1.88 in 2Q 2024). Revenue: US$612.7m (up 4.0% from 2Q 2024). Funds from operations (FFO): US$179.5m (down 23% from 2Q 2024). FFO margin: 29% (down from 39% in 2Q 2024). Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is expected to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Residential REITs industry in the US are expected to grow by 4.6%. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
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
Upcoming Dividend • Jun 23Upcoming dividend of US$1.04 per shareEligible shareholders must have bought the stock before 30 June 2025. Payment date: 15 July 2025. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (3.7%).
Major Estimate Revision • Jun 20Consensus EPS estimates increase by 54%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$1.39 to US$2.14. Revenue forecast steady at US$2.34b. Net income forecast to grow 248% next year vs 6.2% growth forecast for Residential REITs industry in the US. Consensus price target broadly unchanged at US$139. Share price was steady at US$126 over the past week.
New Risk • Jun 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 4.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings are forecast to decline by an average of 4.4% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
Declared Dividend • Jun 08Dividend of US$1.04 announcedShareholders will receive a dividend of US$1.04. Ex-date: 30th June 2025 Payment date: 15th July 2025 Dividend yield will be 6.3%, which is higher than the industry average of 3.8%.
Major Estimate Revision • May 30Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from US$4.38 to US$3.84. Revenue forecast unchanged from US$2.32b at last update. Net income forecast to grow 613% next year vs 2.4% growth forecast for Residential REITs industry in the US. Consensus price target of US$139 unchanged from last update. Share price rose 2.9% to US$123 over the past week.
Major Estimate Revision • May 21Consensus EPS estimates increase by 1,653%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$0.25 to US$4.38. Revenue forecast steady at US$2.32b. Net income forecast to grow 743% next year vs 3.2% growth forecast for Residential REITs industry in the US. Consensus price target broadly unchanged at US$139. Share price was steady at US$121 over the past week.
New Risk • May 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 16% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
Upcoming Dividend • May 07Upcoming dividend of US$4.00 per shareEligible shareholders must have bought the stock before 14 May 2025. Payment date: 22 May 2025. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.9%). In line with average of industry peers (3.6%).
Reported Earnings • May 06First quarter 2025 earnings releasedFirst quarter 2025 results: Net income: (up US$27.2m from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 62% 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.
Buy Or Sell Opportunity • May 06Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.3% to US$125. The fair value is estimated to be US$162, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Meanwhile, the company has become profitable.
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
Seeking Alpha • Mar 25Bear Thesis Crushed As Massive Deal Leaves Bears Speechless: Sun CommunitiesSummary Sun Communities sold its interest in Safe Harbor Marinas, significantly reducing leverage and strengthening its balance sheet. This transaction showcases SUI's strong financial management and strategic decision-making. Post-transaction, SUI's net debt to EBITDA drops to 2.5x-3x, making it one of the least leveraged REITs. Despite lower gross revenue, SUI's focus on mobile homes and RV sites enhances its business model and reduces investment risk. Read the full article on Seeking Alpha
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.
Declared Dividend • Mar 19Fourth quarter dividend of US$0.94 announcedDividend of US$0.94 is the same as last year. Ex-date: 31st March 2025 Payment date: 15th April 2025 Dividend yield will be 2.9%, which is lower than the industry average of 3.8%.
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.
Major Estimate Revision • Mar 09Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$1.83 to US$2.01. Revenue forecast unchanged at US$2.96b. Net income forecast to grow 207% next year vs 1.2% decline forecast for Residential REITs industry in the US. Consensus price target broadly unchanged at US$138. Share price was steady at US$134 over the past week.
Reported Earnings • Feb 27Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: US$0.71 (up from US$1.71 loss in FY 2023). Revenue: US$3.22b (up 1.3% from FY 2023). Net income: US$89.0m (up US$300.5m from FY 2023). Profit margin: 2.8% (up from net loss in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 70%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
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
Seeking Alpha • Jan 26Sun Communities: Not Your Ordinary Residential LandlordSummary Sun Communities, a leading REIT in manufactured housing, RV communities, and marinas, is undervalued and offers a conservative upside with a "Buy" rating at $140/share. Despite a sub-3.1% yield, SUI's unique asset mix and historical performance make it a strong investment, with expected 15% annual returns. The company's fundamentals are solid, with high occupancy rates, strategic debt reduction, and growth in earnings and AFFO projected for 2025 and beyond. SUI's valuation premium is justified by its unique assets and consistent performance, making it attractive below $130/share and a bargain under $110/share. Read the full article on Seeking Alpha
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.
Seeking Alpha • Nov 10Sun Communities Is A Bargain After Bad QuarterSummary Sun Communities had a disappointing quarter, with Core FFO and annual guidance falling below consensus estimates due to non-recurring overhead expenses and increased property operating costs. Management is aware of the challenges and is committed to addressing underperformance, aiming for a return to growth in 2025. I remain bullish on SUI stock, believing it to be one of the more attractive equity REITs, despite industry-wide challenges from higher interest rates. Read the full article on Seeking Alpha
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
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 American dividend payers (4.3%). Lower than average of industry peers (3.2%).
Seeking Alpha • Sep 23Sun Communities: Covered Calls Can Compensate Low Leverage (Rating Downgrade)Summary Sun Communities is a residential REIT focused on Manufactured Housing (45% of rental revenue), Recreational Vehicles (26%), and Marinas (21%). Recent asset sales and share price strength have pushed the proportion of debt in the enterprise value to only 29%, indicating limited benefits from Fed rate cuts. The company confirmed its core FFO outlook for 2024 as the metric does not include one-off gains that will be booked in Q3 2024. The REIT's core FFO multiple and market-implied cap rate are in line with large peers. I think selling covered calls can outperform a buy-and-hold approach. Key risks to consider include limiting your gains with covered calls, as well as the resiliency of strong operating fundamentals such as occupancy and net operating income. Read the full article on Seeking Alpha
Declared Dividend • Sep 06Second 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 2.7%, 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).
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: EPS and revenues miss analyst expectationsSecond 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 missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 35%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Residential REITs industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.
New Risk • Jul 28New 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).
Seeking Alpha • Jul 09Fun In The Sun (Communities)Summary Valuation for Sun Communities, Inc. is now more attractive than before, with potential for 15%+ annualized upside, even at close to 20x P/FFO. Sun Communities is a residential REIT with exposure to underappreciated areas like manufactured housing, RV communities, and marinas. The company has not outperformed significantly since the last update, making it more attractive in terms of valuation. Read the full article on Seeking Alpha
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 06First 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 3.1%, 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: EPS misses analyst expectationsFirst 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 was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 79%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Residential REITs industry in the US. 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 12% 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 American dividend payers (4.8%). Lower than average of industry peers (3.8%).
Declared Dividend • Mar 06Fourth quarter dividend increased to US$0.94Dividend of US$0.94 is 1.1% higher than last year. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 2.8%, which is lower than the industry average of 3.8%.
Declared Dividend • Mar 06Fourth quarter dividend increased to US$0.94Dividend of US$0.94 is 1.1% higher than last year. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 2.8%, which is lower than the industry average of 3.8%.
Seeking Alpha • Mar 05Sun Communities: Growth At A High PriceSummary Sun Communities is a non-traditional residential REIT that focuses on mobile home parks, RV resorts, and marinas. The company has consistently raised rental rates and maintained high occupancy rates, indicating affordability for tenants. Sun Communities has strong revenue growth, cash flow generation, and a history of dividend hikes, but its high valuation may deter some investors. Read the full article on Seeking Alpha
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 22Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull 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 exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Residential REITs industry in the US. 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 5% 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.
