Sun Communities Future Growth

Future criteria checks 3/6

Sun Communities is forecast to grow earnings and revenue by 42.8% and 4.4% per annum respectively. EPS is expected to grow by 39.2% per annum. Return on equity is forecast to be 4.8% in 3 years.

Key information

42.8%

Earnings growth rate

39.2%

EPS growth rate

Residential REITs earnings growth	-3.0%
Revenue growth rate	4.4%
Future return on equity	4.8%
Analyst coverage	Good
Last updated	23 Apr 2024

Recent future growth updates

Recent updates

Sun Communities: Capitalizing On Affordable Housing And Recreational Opportunities

Aug 10

Is Now The Time To Put Sun Communities (NYSE:SUI) On Your Watchlist?

Jul 26

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

Jul 25

Buying More: Beastly Growth On Sale At Sun Communities

May 11

Manufactured Housing: Affordable Prices For Elite REITs

Apr 18

Does Sun Communities (NYSE:SUI) Deserve A Spot On Your Watchlist?

Apr 14

Affordable Housing Dividends With Sun Communities

Mar 27

Sun Communities: A Fantastic REIT That Is Still A Little Too Rich For My Blood

Feb 20

Sun Communities: A Closer Look At The Top REIT In Manufactured Housing

Feb 08

Here's Why I Think Sun Communities (NYSE:SUI) Might Deserve Your Attention Today

Dec 27

Sun Communities: Park Holidays Acquisition Is A Key Positive

Dec 02

Earnings and Revenue Growth Forecasts

NYSE:SUI - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,573	301	908	1,185	3
12/31/2025	3,466	264	879	1,057	7
12/31/2024	3,338	233	755	1,005	7
12/31/2023	3,180	-211	791	791	N/A
9/30/2023	3,119	226	718	718	N/A
6/30/2023	3,084	226	653	653	N/A
3/31/2023	3,038	210	704	704	N/A
12/31/2022	2,938	241	735	735	N/A
9/30/2022	2,807	249	787	787	N/A
6/30/2022	2,559	317	815	815	N/A
3/31/2022	2,351	354	759	759	N/A
12/31/2021	2,246	378	754	754	N/A
9/30/2021	2,092	373	735	735	N/A
6/30/2021	1,811	223	712	712	N/A
3/31/2021	1,514	171	645	645	N/A
12/31/2020	1,383	131	543	543	N/A
9/30/2020	1,301	152	543	543	N/A
6/30/2020	1,263	128	519	519	N/A
3/31/2020	1,274	109	492	492	N/A
12/31/2019	1,251	159	477	477	N/A
9/30/2019	1,224	140	460	460	N/A
6/30/2019	1,188	129	424	424	N/A
3/31/2019	1,148	109	385	385	N/A
12/31/2018	1,121	105	363	363	N/A
9/30/2018	1,091	103	333	333	N/A
6/30/2018	1,036	81	300	300	N/A
3/31/2018	1,002	73	270	270	N/A
12/31/2017	979	65	258	258	N/A
9/30/2017	955	56	N/A	275	N/A
6/30/2017	937	50	N/A	266	N/A
3/31/2017	890	31	N/A	257	N/A
12/31/2016	831	17	N/A	241	N/A
9/30/2016	781	107	N/A	226	N/A
6/30/2016	717	117	N/A	219	N/A
3/31/2016	692	137	N/A	192	N/A
12/31/2015	673	136	N/A	182	N/A
9/30/2015	626	35	N/A	171	N/A
6/30/2015	572	29	N/A	149	N/A
3/31/2015	525	21	N/A	130	N/A
12/31/2014	483	22	N/A	133	N/A
9/30/2014	466	35	N/A	130	N/A
6/30/2014	443	16	N/A	131	N/A
3/31/2014	425	12	N/A	132	N/A
12/31/2013	422	10	N/A	115	N/A
9/30/2013	401	9	N/A	124	N/A
6/30/2013	376	5	N/A	104	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SUI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: SUI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SUI is expected to become profitable in the next 3 years.

Revenue vs Market: SUI's revenue (4.4% per year) is forecast to grow slower than the US market (8.1% per year).

High Growth Revenue: SUI's revenue (4.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SUI's Return on Equity is forecast to be low in 3 years time (4.8%).

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Sun Communities Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Sun Communities, Inc. Provides Earnings Guidance for Fourth Quarter Ending December 31, 2023

Consensus EPS estimates increase by 11%

Price target decreased to US$164

Sun Communities, Inc. Provides Earnings Guidance for the Fourth Quarter of 2022

Price target decreased to US$171

Price target decreased to US$175

Recent updates

Sun Communities, Inc. to Report Q1, 2024 Results on Apr 29, 2024

Upcoming dividend of US$0.94 per share

Fourth quarter dividend increased to US$0.94

Fourth quarter dividend increased to US$0.94

Sun Communities: Growth At A High Price

Sun Communities, Inc. Declares Quarterly Distribution on Common Stock for the First Quarter of 2024, Payable on April 15, 2024

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Sun Communities, Inc. Increases Annual Distribution Rate for 2024

Sun Communities, Inc. Appoints Jerry Ehlinger and Craig Leupold to Board of Directors

Upcoming dividend of US$0.93 per share at 2.8% yield

Sun Communities: Reversal Has Come

Sun Communities, Inc. Declares Distribution for the Fourth Quarter of 2023, Payable on January 16, 2024

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

Sun Communities: Attractive Growth, But Valuation Creates A Risk

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Sun Communities, Inc. Provides Earnings Guidance for Fourth Quarter Ending December 31, 2023

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

New minor risk - Insider selling

An unknown buyer agreed to acquire 10.25% stake in Ingenia Communities Group (ASX:INA) from Sun Communities, Inc. $100 million.

Sun Communities, Inc. to Report Q3, 2023 Results on Oct 25, 2023

Upcoming dividend of US$0.93 per share at 2.9% yield

Manufactured Housing: The Sun Will Rise Again

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

Sun Communities, Inc. Declares Distribution for the Third Quarter of 2023, Payable on October 16, 2023

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of US$0.93 per share at 2.8% yield

Sun Communities, Inc. to Report Q2, 2023 Results on Jul 26, 2023

Insider recently bought US$50k worth of stock

Sun Communities: Solid Company In A Market With Growing Demand

Now 22% undervalued after recent price drop

First quarter 2023 earnings released: FFO per share: US$1.2 (vs US$1.36 in 1Q 2022)

Now 21% undervalued after recent price drop

Consensus EPS estimates increase by 11%

Now 20% undervalued after recent price drop

Lead Independent Director recently sold US$223k worth of stock

Full year 2022 earnings: EPS in line with analyst expectations despite revenue beat

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

Sun Communities, Inc. Appoints Jeff Blau as an Independent Director

Upcoming dividend of US$0.88 per share

Upcoming dividend of US$0.88 per share

Sun Communities, Inc. to Report Q4, 2022 Results on Feb 22, 2023

Insufficient new directors

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Price target decreased to US$164

Sun Communities, Inc. Provides Earnings Guidance for the Fourth Quarter of 2022

Sun Communities Q3 2022 Earnings Preview

Price target decreased to US$171

Price target decreased to US$175

Upcoming dividend of US$0.88 per share

Sun Communities, Inc. Announces Executives Changes, Effective December 31, 2022

Sun Communities, Inc. to Report Q3, 2022 Results on Oct 24, 2022

Sun Communities declares $0.88 dividend

I Buy More As Sun Communities Falls

Insider recently sold US$1.1m worth of stock

Sun Communities: Capitalizing On Affordable Housing And Recreational Opportunities

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Sun Communities, Inc. Provides Earnings Guidance for the Third Quarter of 2022

Is Now The Time To Put Sun Communities (NYSE:SUI) On Your Watchlist?

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

Consensus forecasts updated

Upcoming dividend of US$0.88 per share

Lead Independent Director recently sold US$675k worth of stock

Sun Communities, Inc. to Report Q2, 2022 Results on Jul 25, 2022

Sun Communities, Inc. (NYSE:SUI) acquired Property at New Beach - Kent UK.

Buying More: Beastly Growth On Sale At Sun Communities

Consensus forecasts updated

President & COO recently sold US$2.1m worth of stock

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Insufficient new directors