Sun Communities Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Gary Shiffman
Chief executive officer
US$10.9m
Total compensation
| CEO salary percentage | 8.2% |
| CEO tenure | 31.9yrs |
| CEO ownership | 0.8% |
| Management average tenure | 2.5yrs |
| Board average tenure | 9.2yrs |
Recent management updates
Recent updates
Sun Communities Is A Bargain After Bad Quarter
Nov 10Sun Communities: Covered Calls Can Compensate Low Leverage (Rating Downgrade)
Sep 23Fun In The Sun (Communities)
Jul 09Sun Communities: Growth At A High Price
Mar 05Sun Communities: Reversal Has Come
Dec 18Safety, Growth And Income - Sun Communities Is A Top-Tier REIT
Nov 29Sun Communities: Attractive Growth, But Valuation Creates A Risk
Nov 07Sun Communities: UK Woes Present Opportunity For Long-Term Investors
Oct 17Manufactured Housing: The Sun Will Rise Again
Aug 25Sun Communities: A 'Buy" For The First Time In Almost A Year
Aug 19Sun Communities: Solid Company In A Market With Growing Demand
Jun 01Sun Communities: I'm Adding This 'Safe Harbor' REIT To My SWAN Portfolio
Feb 22Sun Communities Q3 2022 Earnings Preview
Oct 23Sun Communities declares $0.88 dividend
Sep 01I Buy More As Sun Communities Falls
Aug 25Sun Communities: Capitalizing On Affordable Housing And Recreational Opportunities
Aug 10Sun Communities GAAP EPS of $0.61, revenue of $814.3M
Jul 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$231m |
| Jun 30 2024 | n/a | n/a | US$64m |
| Mar 31 2024 | n/a | n/a | -US$194m |
| Dec 31 2023 | US$11m | US$900k | -US$211m |
| Sep 30 2023 | n/a | n/a | -US$126m |
| Jun 30 2023 | n/a | n/a | -US$84m |
| Mar 31 2023 | n/a | n/a | US$195m |
| Dec 31 2022 | US$15m | US$900k | US$241m |
| Sep 30 2022 | n/a | n/a | US$249m |
| Jun 30 2022 | n/a | n/a | US$317m |
| Mar 31 2022 | n/a | n/a | US$354m |
| Dec 31 2021 | US$14m | US$852k | US$378m |
| Sep 30 2021 | n/a | n/a | US$373m |
| Jun 30 2021 | n/a | n/a | US$223m |
| Mar 31 2021 | n/a | n/a | US$171m |
| Dec 31 2020 | US$11m | US$521k | US$131m |
| Sep 30 2020 | n/a | n/a | US$152m |
| Jun 30 2020 | n/a | n/a | US$128m |
| Mar 31 2020 | n/a | n/a | US$109m |
| Dec 31 2019 | US$8m | US$692k | US$159m |
| Sep 30 2019 | n/a | n/a | US$140m |
| Jun 30 2019 | n/a | n/a | US$129m |
| Mar 31 2019 | n/a | n/a | US$109m |
| Dec 31 2018 | US$9m | US$692k | US$105m |
| Sep 30 2018 | n/a | n/a | US$103m |
| Jun 30 2018 | n/a | n/a | US$81m |
| Mar 31 2018 | n/a | n/a | US$73m |
| Dec 31 2017 | US$13m | US$692k | US$65m |
Compensation vs Market: Gary's total compensation ($USD10.95M) is about average for companies of similar size in the US market ($USD12.88M).
Compensation vs Earnings: Gary's compensation has been consistent with company performance over the past year.
CEO
Gary Shiffman (70 yo)
31.9yrs
Tenure
US$10,946,746
Compensation
Mr. Gary A. Shiffman was President of Sun Communities, Inc. from December 31, 2022 until November, 2024. He has been the Secretary of Bingham Financial Services Corp. since 1997 and as its Chairman of the...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | no data | US$10.95m | 0.78% $ 126.0m | |
| Executive VP | 2.6yrs | US$3.40m | 0.038% $ 6.1m | |
| Executive VP & COO | 2yrs | US$3.12m | 0.039% $ 6.2m | |
| Executive VP & Chief Administrative Officer | 2.5yrs | US$2.04m | 0.032% $ 5.1m | |
| Executive Vice President of Corporate Strategy & Business Development | 3.2yrs | US$2.82m | 0.037% $ 6.0m | |
| President | less than a year | US$5.54m | 0.072% $ 11.6m | |
| Chief Executive Officer of Safe Harbor Marinas | 7.9yrs | US$9.89m | 0.046% $ 7.4m |
2.5yrs
Average Tenure
46yo
Average Age
Experienced Management: SUI's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 31.9yrs | US$10.95m | 0.78% $ 126.0m | |
| Independent Director | 17.6yrs | US$423.74k | 0.020% $ 3.2m | |
| Lead Independent Director | 31yrs | US$443.74k | 0.022% $ 3.6m | |
| Director | 28.2yrs | US$393.74k | 0.036% $ 5.9m | |
| Independent Director | 10.9yrs | US$423.74k | 0.020% $ 3.2m | |
| Independent Director | 1.9yrs | US$370.91k | 0.0031% $ 506.1k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 7.4yrs | US$423.74k | 0.013% $ 2.1m | |
| Independent Director | 3.8yrs | US$393.74k | 0.0057% $ 912.2k |
9.2yrs
Average Tenure
61yo
Average Age
Experienced Board: SUI's board of directors are considered experienced (9.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:44 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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.
| Analyst | Institution |
|---|---|
| Wesley Golladay | Baird |
| Anthony Powell | Barclays |
| Anthony Powell | Barclays |