Sun Communities Past Earnings Performance
Past criteria checks 1/6
Sun Communities's earnings have been declining at an average annual rate of -19.7%, while the Residential REITs industry saw earnings growing at 9.2% annually. Revenues have been growing at an average rate of 22% per year. Sun Communities's return on equity is 3.4%, and it has net margins of 7.3%.
Key information
-19.7%
Earnings growth rate
-23.5%
EPS growth rate
| Residential REITs Industry Growth | 11.1% |
| Revenue growth rate | 22.0% |
| Return on equity | 3.4% |
| Net Margin | 7.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance 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 25Revenue & Expenses Breakdown
How Sun Communities makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 3,186 | 231 | 286 | 0 |
| 30 Jun 24 | 3,211 | 64 | 287 | 0 |
| 31 Mar 24 | 3,208 | -194 | 285 | 0 |
| 31 Dec 23 | 3,180 | -211 | 270 | 0 |
| 30 Sep 23 | 3,119 | -126 | 264 | 0 |
| 30 Jun 23 | 3,084 | -84 | 266 | 0 |
| 31 Mar 23 | 3,038 | 195 | 265 | 0 |
| 31 Dec 22 | 2,938 | 241 | 257 | 0 |
| 30 Sep 22 | 2,807 | 249 | 242 | 0 |
| 30 Jun 22 | 2,559 | 317 | 216 | 0 |
| 31 Mar 22 | 2,351 | 354 | 199 | 0 |
| 31 Dec 21 | 2,246 | 378 | 181 | 0 |
| 30 Sep 21 | 2,092 | 373 | 158 | 0 |
| 30 Jun 21 | 1,811 | 223 | 141 | 0 |
| 31 Mar 21 | 1,514 | 171 | 122 | 0 |
| 31 Dec 20 | 1,383 | 131 | 110 | 0 |
| 30 Sep 20 | 1,301 | 152 | 108 | 0 |
| 30 Jun 20 | 1,263 | 128 | 108 | 0 |
| 31 Mar 20 | 1,274 | 109 | 109 | 0 |
| 31 Dec 19 | 1,251 | 159 | 93 | 0 |
| 30 Sep 19 | 1,224 | 140 | 104 | 0 |
| 30 Jun 19 | 1,188 | 129 | 101 | 0 |
| 31 Mar 19 | 1,148 | 109 | 99 | 0 |
| 31 Dec 18 | 1,121 | 105 | 97 | 0 |
| 30 Sep 18 | 1,091 | 103 | 94 | 0 |
| 30 Jun 18 | 1,036 | 81 | 91 | 0 |
| 31 Mar 18 | 1,002 | 73 | 89 | 0 |
| 31 Dec 17 | 979 | 65 | 96 | 0 |
| 30 Sep 17 | 955 | 56 | 85 | 0 |
| 30 Jun 17 | 937 | 50 | 83 | 0 |
| 31 Mar 17 | 890 | 31 | 79 | 0 |
| 31 Dec 16 | 831 | 17 | 73 | 0 |
| 30 Sep 16 | 781 | 107 | 67 | 0 |
| 30 Jun 16 | 717 | 117 | 62 | 0 |
| 31 Mar 16 | 692 | 137 | 58 | 0 |
| 31 Dec 15 | 673 | 136 | 55 | 0 |
| 30 Sep 15 | 626 | 35 | 54 | 0 |
| 30 Jun 15 | 572 | 29 | 49 | 0 |
| 31 Mar 15 | 525 | 21 | 46 | 0 |
| 31 Dec 14 | 483 | 22 | 43 | 0 |
| 30 Sep 14 | 466 | 35 | 40 | 0 |
| 30 Jun 14 | 443 | 16 | 39 | 0 |
| 31 Mar 14 | 425 | 12 | 37 | 0 |
| 31 Dec 13 | 422 | 10 | 36 | 0 |
Quality Earnings: SUI has a large one-off gain of $45.4M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: SUI became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SUI's earnings have declined by 19.7% per year over the past 5 years.
Accelerating Growth: SUI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SUI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Residential REITs industry (8.4%).
Return on Equity
High ROE: SUI's Return on Equity (3.4%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
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 |
| |
| Ownership | 10 years |
| |
| 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 |