Sun Communities, Inc. is a REIT that, as of September 30, 2020, owned, operated, or had an interest in a portfolio of 432 communities comprising nearly 146,000 developed sites in 32 states and Ontario, Canada. More Details
Established dividend payer with reasonable growth potential.
Share Price & News
How has Sun Communities's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SUI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SUI's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SUI underperformed the US REITs industry which returned 26.1% over the past year.
Return vs Market: SUI underperformed the US Market which returned 53.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Sun Communities's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StHow Much Are Sun Communities, Inc. (NYSE:SUI) Insiders Taking Off The Table?
1 month ago | Simply Wall StAnalyst Forecasts Just Became More Bearish On Sun Communities, Inc. (NYSE:SUI)
1 month ago | Simply Wall StSun Communities (NYSE:SUI) Has Gifted Shareholders With A Fantastic 158% Total Return On Their Investment
Is Sun Communities undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SUI ($158.11) is trading below our estimate of fair value ($170.13)
Significantly Below Fair Value: SUI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SUI is poor value based on its PE Ratio (117.9x) compared to the US REITs industry average (47.1x).
PE vs Market: SUI is poor value based on its PE Ratio (117.9x) compared to the US market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: SUI is poor value based on its PEG Ratio (5x)
Price to Book Ratio
PB vs Industry: SUI is overvalued based on its PB Ratio (3.1x) compared to the US REITs industry average (1.8x).
How is Sun Communities forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SUI's forecast earnings growth (23.4% per year) is above the savings rate (2%).
Earnings vs Market: SUI's earnings (23.4% per year) are forecast to grow faster than the US market (18% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SUI's revenue (10.9% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: SUI's revenue (10.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SUI's Return on Equity is forecast to be high in 3 years time
How has Sun Communities performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SUI has high quality earnings.
Growing Profit Margin: SUI's current net profit margins (9.5%) are lower than last year (12.7%).
Past Earnings Growth Analysis
Earnings Trend: SUI's earnings have grown by 11.1% per year over the past 5 years.
Accelerating Growth: SUI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SUI had negative earnings growth (-17.5%) over the past year, making it difficult to compare to the REITs industry average (-4.4%).
Return on Equity
High ROE: SUI's Return on Equity (2.5%) is considered low.
How is Sun Communities's financial position?
Financial Position Analysis
Short Term Liabilities: SUI's short term assets ($398.7M) exceed its short term liabilities ($250.6M).
Long Term Liabilities: SUI's short term assets ($398.7M) do not cover its long term liabilities ($5.1B).
Debt to Equity History and Analysis
Debt Level: SUI's debt to equity ratio (80.7%) is considered high.
Reducing Debt: SUI's debt to equity ratio has reduced from 143.6% to 80.7% over the past 5 years.
Debt Coverage: SUI's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: SUI's interest payments on its debt are not well covered by EBIT (2.2x coverage).
What is Sun Communities's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SUI's dividend (2.1%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: SUI's dividend (2.1%) is low compared to the top 25% of dividend payers in the US market (3.46%).
Stability and Growth of Payments
Stable Dividend: SUI's dividends per share have been stable in the past 10 years.
Growing Dividend: SUI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (63.9%), SUI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SUI's dividends in 3 years are forecast to be covered by earnings (56.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Gary Shiffman (66 yo)
Mr. Gary A. Shiffman has been the Secretary of Bingham Financial Services Corp. since 1997 and as its Chairman of the Board since August 1996. Mr. Shiffman has been a Non-Executive Director at Ingenia Comm...
CEO Compensation Analysis
Compensation vs Market: Gary's total compensation ($USD11.14M) is about average for companies of similar size in the US market ($USD11.15M).
Compensation vs Earnings: Gary's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Board: SUI's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.5%.
Sun Communities, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Sun Communities, Inc.
- Ticker: SUI
- Exchange: NYSE
- Founded: 1975
- Industry: Residential REITs
- Sector: Real Estate
- Implied Market Cap: US$18.698b
- Market Cap: US$18.289b
- Shares outstanding: 118.26m
- Website: https://www.suncommunities.com
Number of Employees
- Sun Communities, Inc.
- 27777 Franklin Road
- Suite 200
- United States
Sun Communities, Inc. is a REIT that, as of September 30, 2020, owned, operated, or had an interest in a portfolio of 432 communities comprising nearly 146,000 developed sites in 32 states and Ontario, Can...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/19 22:48|
|End of Day Share Price||2021/04/19 00:00|
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.