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Sun Communities NYSE:SUI Stock Report

Last Price

US$123.68

Market Cap

US$15.6b

7D

1.2%

1Y

-7.1%

Updated

20 Dec, 2024

Data

Company Financials +

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US$136.47
FV
9.4% undervalued intrinsic discount
4.95%
Revenue growth p.a.
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Sun Communities, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Sun Communities
Historical stock prices
Current Share PriceUS$123.68
52 Week HighUS$147.83
52 Week LowUS$110.98
Beta0.91
1 Month Change-2.04%
3 Month Change-12.08%
1 Year Change-7.12%
3 Year Change-39.82%
5 Year Change-17.08%
Change since IPO510.77%

Recent News & Updates

Sun Communities Is A Bargain After Bad Quarter

Nov 10

Recent updates

Sun Communities Is A Bargain After Bad Quarter

Nov 10

Sun Communities: Covered Calls Can Compensate Low Leverage (Rating Downgrade)

Sep 23

Fun In The Sun (Communities)

Jul 09

Sun Communities: Growth At A High Price

Mar 05

Sun Communities: Reversal Has Come

Dec 18

Safety, Growth And Income - Sun Communities Is A Top-Tier REIT

Nov 29

Sun Communities: Attractive Growth, But Valuation Creates A Risk

Nov 07

Sun Communities: UK Woes Present Opportunity For Long-Term Investors

Oct 17

Manufactured Housing: The Sun Will Rise Again

Aug 25

Sun Communities: A 'Buy" For The First Time In Almost A Year

Aug 19

Sun Communities: Solid Company In A Market With Growing Demand

Jun 01

Sun Communities: I'm Adding This 'Safe Harbor' REIT To My SWAN Portfolio

Feb 22

Sun Communities Q3 2022 Earnings Preview

Oct 23

Sun Communities declares $0.88 dividend

Sep 01

I Buy More As Sun Communities Falls

Aug 25

Sun Communities: Capitalizing On Affordable Housing And Recreational Opportunities

Aug 10

Sun Communities GAAP EPS of $0.61, revenue of $814.3M

Jul 25

Shareholder Returns

SUIUS Residential REITsUS Market
7D1.2%-5.4%-3.5%
1Y-7.1%7.3%22.1%

Return vs Industry: SUI underperformed the US Residential REITs industry which returned 7.3% over the past year.

Return vs Market: SUI underperformed the US Market which returned 22.1% over the past year.

Price Volatility

Is SUI's price volatile compared to industry and market?
SUI volatility
SUI Average Weekly Movement3.5%
Residential REITs Industry Average Movement3.1%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: SUI has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SUI's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19756,757Gary Shiffmanwww.suncommunities.com

Established in 1975, Sun Communities, Inc. became a publicly owned corporation in December 1993. The Company is a fully integrated REIT listed on the New York Stock Exchange under the symbol: SUI. As of September 30, 2024, the Company owned, operated, or had an interest in a portfolio of 659 developed MH, RV, Marina, and UK properties comprising approximately 179,130 developed sites and approximately 48,760 wet slips and dry storage spaces in the U.S., Canada and the U.K.

Sun Communities, Inc. Fundamentals Summary

How do Sun Communities's earnings and revenue compare to its market cap?
SUI fundamental statistics
Market capUS$15.62b
Earnings (TTM)US$231.20m
Revenue (TTM)US$3.19b

68.1x

P/E Ratio

4.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SUI income statement (TTM)
RevenueUS$3.19b
Cost of RevenueUS$1.70b
Gross ProfitUS$1.49b
Other ExpensesUS$1.26b
EarningsUS$231.20m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.81
Gross Margin46.69%
Net Profit Margin7.26%
Debt/Equity Ratio96.8%

How did SUI perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

59%

Payout Ratio

Does SUI pay a reliable dividends?

See SUI dividend history and benchmarks
When do you need to buy SUI by to receive an upcoming dividend?
Sun Communities dividend dates
Ex Dividend DateDec 31 2024
Dividend Pay DateJan 15 2025
Days until Ex dividend10 days
Days until Dividend pay date25 days

Does SUI pay a reliable dividends?

See SUI dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 00:22
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Sun Communities, Inc. is covered by 30 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wesley GolladayBaird
Anthony PowellBarclays
Anthony PowellBarclays