SUI - Sun Communities Inc Stock Price, Fair Value and News

117.07USD+0.57 (+0.49%)Delayed as of 08 May 2024, 01:52 pm ET

Market Summary

USD117.07+0.57

Delayedas of 08 May 2024, 01:52 pm

0.49%

SUI Alerts

Big jump in Earnings (Y/Y)

Losses in recent quarter

SUI Stock Price

View Fullscreen

SUI RSI Chart

SUI Valuation

Market Cap

14.5B

Price/Earnings (Trailing)

-73.63

Price/Sales (Trailing)

4.47

EV/EBITDA

10.84

Price/Free Cashflow

17.32

SUI Price/Sales (Trailing)

SUI Profitability

EBT Margin

9.94%

Return on Equity

-2.81%

Return on Assets

-1.15%

Free Cashflow Yield

5.77%

SUI Fundamentals

SUI Revenue

Revenue (TTM)

3.2B

Rev. Growth (Yr)

3.09%

Rev. Growth (Qtr)

-7.62%

SUI Earnings

Earnings (TTM)

-197.2M

Earnings Growth (Yr)

43.21%

Earnings Growth (Qtr)

69.71%

Breaking Down SUI Revenue

52 Week Range

113.77141.52

(Low)(High)

Last 7 days

4.7%

Last 30 days

-5.2%

Last 90 days

-6.4%

Trailing 12 Months

-14.1%

How does SUI drawdown profile look like?

SUI Financial Health

SUI Investor Care

Dividend Yield

0.75%

Dividend/Share (TTM)

0.88

Shares Dilution (1Y)

0.18%

Diluted EPS (TTM)

-1.58

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	3.2B	0	0	0
2023	3.1B	3.1B	3.2B	3.2B
2022	2.4B	2.6B	2.8B	3.0B
2021	1.5B	1.8B	2.1B	2.3B
2020	1.3B	1.3B	1.3B	1.4B
2019	1.2B	1.2B	1.2B	1.3B
2018	1.0B	1.0B	1.1B	1.1B
2017	893.5M	940.6M	959.2M	982.6M
2016	694.2M	719.0M	783.4M	833.8M
2015	624.2M	674.7M	674.7M	674.7M
2014	423.5M	438.7M	516.9M	580.2M
2013	358.9M	376.9M	401.1M	415.2M
2012	302.4M	316.3M	324.6M	339.0M
2011	268.1M	269.7M	279.7M	289.2M
2010	260.8M	262.5M	264.2M	266.0M
2009	0	0	0	259.0M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Sun Communities Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 15, 2024	castro-caratini fernando	sold (taxes)	-120,420	120	-1,000	evp, cfo, sec. & treas.
Apr 15, 2024	thelen bruce	sold (taxes)	-67,314	120	-559	evp, coo
Apr 15, 2024	farrugia marc	sold (taxes)	-26,010	120	-216	evp & chief admin. officer
Apr 12, 2024	farrugia marc	gifted	-	-	-82.00	evp & chief admin. officer
Apr 12, 2024	farrugia marc	gifted	-	-	2,612	evp & chief admin. officer
Apr 12, 2024	farrugia marc	gifted	-	-	-2,530	evp & chief admin. officer
Mar 28, 2024	underwood baxter	sold (taxes)	-50,146	128	-390	ceo - safe harbor marinas, llc
Mar 28, 2024	leupold craig	sold	-320,986	128	-2,500	-
Mar 22, 2024	underwood baxter	sold	-525,920	131	-4,000	ceo - safe harbor marinas, llc
Mar 20, 2024	shiffman gary a	sold (taxes)	-274,769	131	-2,093	chairman, president & ceo

Which funds bought or sold SUI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Jefferies Financial Group Inc.	sold off	-100	-304,015	-	-%
May 06, 2024	BUCKHEAD CAPITAL MANAGEMENT LLC	sold off	-100	-200,475	-	-%
May 06, 2024	Empowered Funds, LLC	new	-	237,359	237,359	-%
May 06, 2024	Envestnet Portfolio Solutions, Inc.	reduced	-34.00	-436,389	759,043	-%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	reduced	-85.99	-2,611,000	407,000	-%
May 06, 2024	HighTower Advisors, LLC	reduced	-46.14	-336,000	361,000	-%
May 06, 2024	Metis Global Partners, LLC	added	6.38	32,183	1,407,310	0.05%
May 06, 2024	Advisory Alpha, LLC	new	-	771,480	771,480	0.03%
May 06, 2024	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	reduced	-0.79	-110,927	2,325,110	0.02%
May 06, 2024	SG Americas Securities, LLC	added	144	1,523,000	2,646,000	0.01%

Are Funds Buying or Selling SUI?

Are funds buying SUI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SUI

No. of Funds

Unveiling Sun Communities Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	cohen & steers, inc.	11.14%	13,866,252	SC 13G/A
Feb 13, 2024	vanguard group inc	14.10%	17,544,435	SC 13G/A
Jan 25, 2024	blackrock inc.	8.9%	11,087,456	SC 13G/A
Jul 10, 2023	cohen & steers, inc.	10.29%	12,805,838	SC 13G/A
Feb 14, 2023	cohen & steers, inc.	8.17%	10,120,389	SC 13G/A
Feb 09, 2023	vanguard group inc	14.30%	17,710,919	SC 13G/A
Feb 03, 2023	blackrock inc.	8.6%	10,662,978	SC 13G/A
Feb 14, 2022	cohen & steers, inc.	5.46%	6,526,603	SC 13G/A
Feb 10, 2022	vanguard group inc	13.89%	16,588,563	SC 13G/A
Feb 01, 2022	blackrock inc.	9.1%	10,530,070	SC 13G/A

Recent SEC filings of Sun Communities Inc

View All Filings

Date Filed	Form Type	Document
May 07, 2024	424B7	Prospectus Filed
May 07, 2024	8-K	Current Report
May 07, 2024	8-K	Current Report
May 03, 2024	424B5	Prospectus Filed
May 03, 2024	8-K	Current Report
May 02, 2024	10-Q	Quarterly Report
Apr 29, 2024	8-K	Current Report
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading

Peers (Alternatives to Sun Communities Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	84.7B	11.2B	-4.62%	-6.12%	42.91	7.56	3.63%	50.79%
CCI	41.8B	6.8B	-4.58%	-17.37%	29.96	6.1	-2.39%	-16.60%
AVB	27.9B	2.8B	8.20%	8.63%	29.16	9.93	5.72%	-6.47%
ARE	20.9B	3.0B	-3.93%	-2.18%	106.61	7.09	10.44%	-73.79%
AMH	13.4B	-	1.39%	3.90%	31.65	8.24	8.93%	11.87%
REG	11.0B	1.4B	1.05%	-0.44%	29.39	8.02	10.48%	-2.93%
BXP	9.6B	3.3B	-0.78%	19.54%	50.23	2.92	5.31%	-77.32%
MID-CAP
FRT	8.5B	1.2B	3.38%	9.20%	35.86	7.43	5.48%	-38.69%
SLG	3.3B	892.3M	-0.89%	140.04%	-6.5	3.73	-5.33%	-307.54%
MAC	3.3B	884.1M	-5.40%	54.41%	-12	3.72	2.90%	-314.82%
SMALL-CAP
AAT	1.3B	444.1M	6.11%	16.74%	19.54	3.02	3.54%	8.91%
AIV	1.2B	198.2M	5.61%	1.35%	-7.62	5.71	-43.33%	-270.70%
MFA	1.1B	650.2M	-3.45%	1.92%	35.5	1.67	27.93%	140.31%
NYMT	562.0M	285.4M	-13.60%	-37.59%	-4.08	1.97	11.05%	83.70%
IVR	442.4M	277.9M	3.16%	-10.49%	-27.9	1.59	44.33%	96.06%

Sun Communities Inc News

Latest updates

Sun Communities Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-7.6%	671	727	983	864	651	674	933	814	549	542	684	604	442	384	401	303	310	302	362	312	287
Costs and Expenses	-2.7%	721	741	841	1,084	669	668	763	708	523	521	537	510	419	393	320	275	274	294	306	272	253
S&GA Expenses	-100.0%	-	78.00	66.00	62.00	64.00	70.00	69.00	62.00	56.00	55.00	43.00	45.00	38.00	31.00	27.00	27.00	25.00	82.00	4.00	4.00	3.00
EBITDA Margin	0.8%	0.41*	0.41*	0.40*	0.40*	0.39*	0.39*	0.39*	0.41*	0.42*	0.43*	0.43*	0.43*	-	-	-	-	-	-	-	-	-
Interest Expenses	1.7%	87.00	86.00	84.00	79.00	77.00	68.00	62.00	55.00	45.00	42.00	39.00	38.00	40.00	35.00	30.00	31.00	32.00	33.00	32.00	34.00	34.00
Income Taxes	-78.6%	1.00	3.00	3.00	5.00	10.00	2.00	2.00	2.00	0.00	0.00	-0.20	2.00	-0.50	0.00	1.00	0.00	0.00	0.00	0.00	1.00	-0.06
Earnings Before Taxes	-	-	-	-	-	-	-	170	107	26.00	21.00	147	94.00	23.00	-8.79	80.00	28.00	36.00	8.00	56.00	40.00	35.00
EBT Margin	-0.6%	0.10*	0.10*	0.10*	0.10*	0.11*	0.11*	0.11*	0.12*	0.12*	0.13*	0.12*	0.10*	-	-	-	-	-	-	-	-	-
Net Income	69.7%	-25.50	-84.20	120	-207	-44.90	4.00	177	81.00	2.00	35.00	232	118	30.00	8.00	81.00	3.00	-14.28	29.00	57.00	40.00	34.00
Net Income Margin	9.5%	-0.06*	-0.07*	-0.04*	-0.02*	0.07*	0.09*	0.10*	0.13*	0.16*	0.18*	0.18*	0.13*	-	-	-	-	-	-	-	-	-
Free Cashflow	106.2%	243	118	223	255	195	45.00	158	306	226	98.00	185	250	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.0%	17,113	16,941	17,247	17,235	17,348	17,084	16,485	16,398	13,914	13,494	12,583	12,041	11,454	11,207	8,336	8,349	8,209	7,802	7,802	7,222	7,099
Cash Equivalents	210.3%	133	43.00	62.00	69.00	75.00	90.00	112	185	103	78.00	86.00	120	120	93.00	116	389	395	35.00	42.00	46.00	34.00
Goodwill	-0.2%	731	733	725	778	1,077	1,018	982	-	-	495	462	448	439	429	-	-	-	-	-	-	-
Liabilities	3.4%	9,830	9,507	9,465	9,475	9,295	8,993	8,355	8,566	6,981	6,475	5,488	5,100	5,102	5,315	3,792	3,845	4,346	3,848	3,721	3,542	3,846
Shareholder's Equity	-0.8%	7,024	7,083	7,396	7,395	7,675	7,810	8,130	7,832	6,934	6,731	105	1.00	1.00	5,627	4,431	72.00	3,786	3,876	3,557	3,565	3,137
Additional Paid-In Capital	0.0%	9,471	9,467	9,582	9,568	9,556	9,550	9,536	9,159	8,169	8,176	8,170	8,163	7,618	7,088	5,851	5,848	5,212	5,213	4,855	4,851	4,399
Shares Outstanding	0.1%	125	124	124	124	124	124	119	120	115	113	115	110	-	-	-	-	-	-	-	-	-
Minority Interest	-5.9%	85.00	90.00	86.00	72.00	79.00	79.00	84.00	91.00	108	107	105	101	99.00	102	72.00	72.00	62.00	56.00	57.00	58.00	58.00
Float	-	-	-	-	15,935	-	-	-	19,130	-	-	-	19,530	-	-	-	13,076	-	-	-	11,363	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	106.2%	242,500	117,600	223,000	255,400	194,500	45,100	157,800	306,300	225,700	97,600	185,300	250,200	220,500	78,842	162,431	183,514	118,513	78,441	138,449	156,703	103,141
Cashflow From Investing	-25.0%	-127,100	-101,700	-236,000	-259,900	-321,900	-321,800	-265,000	-1,991,600	-484,200	-975,100	-497,600	-579,600	-285,900	-1,820,792	-297,592	-198,786	-169,330	-211,206	-228,721	-178,047	-392,483
Cashflow From Financing	29.4%	-25,400	-36,000	6,900	-2,200	111,600	253,100	38,600	1,774,000	282,900	870,000	278,900	328,500	93,000	1,718,803	-138,668	9,556	411,109	125,749	86,112	32,922	261,097
Dividend Payments	-	-	-	-	-	-	-	-	4,800	104,500	-	24.00	3,354	94,966	-	-	-	-	-	-	-	-
Buy Backs	0%	-300	-300	-100	-200	-	-200	275,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

SUI Income Statement

2024-03-31

Consolidated Statements Of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Fixed lease income	$ 476.9	$ 441.6
Home sales	68.9	86.3
Service, retail, dining and entertainment	117.9	102.4
Interest	4.6	11.4
Brokerage commissions and other, net	3.0	9.5
Total Revenues	671.3	651.2
Expenses
Property operating and maintenance	159.7	157.2
Real estate tax	31.3	30.1
Home costs and selling	51.9	62.6
Service, retail, dining and entertainment	115.9	99.8
General and administrative	78.5	64.1
Catastrophic event-related charges, net	7.2	1.0
Business combinations	0.0	2.8
Depreciation and amortization	165.3	155.6
Asset impairments	20.7	2.4
Goodwill impairment (see Note 6)	0.0	15.4
Loss on extinguishment of debt	0.6	0.0
Interest	89.7	76.6
Interest on mandatorily redeemable preferred OP units / equity	0.0	1.0
Total Expenses	720.8	668.6
Loss Before Other Items	(49.5)	(17.4)
Loss on remeasurement of marketable securities (see Note 16)	0.0	(19.9)
Gain / (loss) on foreign currency exchanges	1.1	(2.7)
Gain / (loss) on dispositions of properties	5.4	(1.6)
Other income / (expense), net	8.0	(1.0)
Gain / (loss) on dispositions of properties	(0.7)	(1.7)
Total Income / (Loss) from Nonconsolidated Affiliates	1.4	(0.2)
Gain / (loss) on remeasurement of investment in nonconsolidated affiliates	5.2	(4.5)
Current tax expense (see Note 13)	2.1	3.9
Deferred tax benefit	5.7	4.6
Net Loss	(25.5)	(48.3)
Less: Preferred stock distribution	3.2	2.4
Less: Loss attributable to noncontrolling interests	(1.3)	(5.8)
Net loss attributable to SUI common shareholders	$ (27.4)	$ (44.9)
Weighted average common shares outstanding:
Weighted average common shares outstanding - basic (in shares)	123.6	123.3
Diluted weighted average common shares outstanding - diluted (in shares)	126.6	126.2
Earnings per share:
Basic earning per share (in dollars per share)	$ (0.22)	$ (0.36)
Diluted earning per share (in dollars per share)	$ (0.22)	$ (0.36)

SUI Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Assets
Land	$ 4,551.7	$ 4,278.2
Land improvements and buildings	11,529.5	11,682.2
Rental homes and improvements	755.9	744.4
Furniture, fixtures and equipment	1,031.3	1,011.7
Investment property	17,868.4	17,716.5
Accumulated depreciation	(3,410.5)	(3,272.9)
Investment property, net	14,457.9	14,443.6
Cash, cash equivalents and restricted cash	132.5	42.7
Inventory of manufactured homes	191.0	205.6
Notes and other receivables, net	469.1	421.6
Collateralized receivables, net	56.5	56.2
Goodwill	731.4	733.0
Other intangible assets, net	361.7	369.5
Other assets, net	713.2	668.5
Total Assets	17,113.3	16,940.7
Liabilities
Mortgage loans payable (see Note 9; Note 8 at VIEs)	3,465.5	3,478.9
Secured borrowings on collateralized receivables (See Note 5)	56.1	55.8
Unsecured debt	4,350.4	4,242.6
Distributions payable	119.7	118.2
Advanced reservation deposits and rent	480.4	344.5
Accrued expenses and accounts payable	370.4	313.7
Other liabilities	987.5	953.1
Total Liabilities	9,830.0	9,506.8
Commitments and contingencies
Temporary equity	259.7	260.9
Shareholders' Equity
Common stock, $0.01 par value. Authorized: 360.0 shares; Issued and outstanding: 124.6 at March 31, 2024 and 124.4 at December 31, 2023	1.2	1.2
Additional paid-in capital	9,471.4	9,466.9
Accumulated other comprehensive income	6.7	12.2
Distributions in excess of accumulated earnings	(2,540.6)	(2,397.5)
Total SUI shareholders' equity	6,938.7	7,082.8
Noncontrolling interests
Common and preferred OP units	84.9	90.2
Total noncontrolling interests	84.9	90.2
Total Shareholders' Equity	7,023.6	7,173.0
Total Liabilities, Temporary Equity and Shareholders' Equity	$ 17,113.3	$ 16,940.7

About Sun Communities Inc

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 June 30, 2023, the Company owned, operated, or had an interest in a portfolio of 671 developed MH, RV and Marina properties comprising approximately 180,060 developed sites and approximately 48,180 wet slips and dry storage spaces in the U.S., the UK and Canada.

CEO	Mr. Gary A. Shiffman
WEBSITE	suncommunities.com
INDUSTRY	REIT Mortgage
EMPLOYEES	7199

Sun Communities Inc Frequently Asked Questions

What is the ticker symbol for Sun Communities Inc? What does SUI stand for in stocks?

SUI is the stock ticker symbol of Sun Communities Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Sun Communities Inc (SUI)?

As of Tue May 07 2024, market cap of Sun Communities Inc is 14.52 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SUI stock?

You can check SUI's fair value in chart for subscribers.

What is the fair value of SUI stock?

You can check SUI's fair value in chart for subscribers. The fair value of Sun Communities Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Sun Communities Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SUI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Sun Communities Inc a good stock to buy?

The fair value guage provides a quick view whether SUI is over valued or under valued. Whether Sun Communities Inc is cheap or expensive depends on the assumptions which impact Sun Communities Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SUI.

What is Sun Communities Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, SUI's PE ratio (Price to Earnings) is -73.63 and Price to Sales (PS) ratio is 4.47. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SUI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Sun Communities Inc's stock?

In the past 10 years, Sun Communities Inc has provided 0.122 (multiply by 100 for percentage) rate of return.