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Sun Communities Inc (NYSE:SUI) Has Attractive Fundamentals, Here’s Why

Andy Nguyen

I’ve been keeping an eye on Sun Communities Inc (NYSE:SUI) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe SUI has a lot to offer. Basically, it is a highly-regarded dividend-paying company with a a strong history of delivering benchmark-beating performance. Below, I’ve touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Sun Communities here.

Established dividend payer with proven track record

In the previous year, SUI has ramped up its bottom line by 63.1%, with its latest earnings level surpassing its average level over the last five years. Not only did SUI outperformed its past performance, its growth also exceeded the REITs industry expansion, which generated a 8.2% earnings growth. This is an notable feat for the company.

NYSE:SUI Income Statement Export September 17th 18

For those seeking income streams from their portfolio, SUI is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 2.8%.

NYSE:SUI Historical Dividend Yield September 17th 18

Next Steps:

For Sun Communities, there are three key factors you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for SUI’s future growth? Take a look at our free research report of analyst consensus for SUI’s outlook.
  2. Financial Health: Are SUI’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of SUI? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.