SUI - Sun Communities, Inc.

NYSE - NYSE Delayed Price. Currency in USD
152.59
+0.49 (+0.32%)
At close: 4:02PM EDT
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Previous Close152.10
Open152.26
Bid0.00 x 1000
Ask152.36 x 800
Day's Range151.62 - 152.73
52 Week Range96.17 - 153.96
Volume218,733
Avg. Volume509,386
Market Cap13.835B
Beta (3Y Monthly)0.17
PE Ratio (TTM)100.85
EPS (TTM)1.51
Earnings DateOct 23, 2019
Forward Dividend & Yield3.00 (1.97%)
Ex-Dividend Date2019-09-27
1y Target Est144.00
Trade prices are not sourced from all markets
  • GuruFocus.com

    5 Companies Hit 52-Week Highs

    Lately, these five companies have managed to achieve Continue reading...

  • Have Sun Communities, Inc. (NYSE:SUI) Insiders Been Selling Their Stock?
    Simply Wall St.

    Have Sun Communities, Inc. (NYSE:SUI) Insiders Been Selling Their Stock?

    We wouldn't blame Sun Communities, Inc. (NYSE:SUI) shareholders if they were a little worried about the fact that...

  • Did Business Growth Power Sun Communities's (NYSE:SUI) Share Price Gain of 171%?
    Simply Wall St.

    Did Business Growth Power Sun Communities's (NYSE:SUI) Share Price Gain of 171%?

    The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on a lighter note, a...

  • UMH Properties Closes Portfolio Buyout, Adds New Community
    Zacks

    UMH Properties Closes Portfolio Buyout, Adds New Community

    UMH Properties' (UMH) latest purchase of Northtowne Meadows, in the challenging acquisition market, marks the completion of the company's four-community portfolio buyout for around $55 million.

  • GlobeNewswire

    Sun Communities, Inc. Announces Dates for Third Quarter 2019 Earnings Release and Conference Call

    Southfield, MI, Aug. 28, 2019 -- Sun Communities, Inc. (NYSE:SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in.

  • GlobeNewswire

    Sun Communities, Inc. Declares Third Quarter 2019 Dividends

    Southfield, MI, Aug. 28, 2019 -- Sun Communities, Inc. (NYSE:SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in.

  • GuruFocus.com

    Sun Communities Inc (SUI) Pres & COO John Bandini Mclaren Sold $1.1 million of Shares

    Pres & COO of Sun Communities Inc (30-Year Financial, Insider Trades) John Bandini Mclaren (insider trades) sold 7,410 shares of SUI on 08/26/2019 at an average price of $146.74 a share. Continue reading...

  • Sun Communities to Buy Jensen's Manufactured Housing Assets
    Zacks

    Sun Communities to Buy Jensen's Manufactured Housing Assets

    Sun Communities (SUI) is set to merger Jensen's, as a subsidiary of the company, through which it will acquire a 31-community manufactured housing property portfolio for $343.6 million.

  • GlobeNewswire

    Sun Communities, Inc. to Acquire 31-Community Manufactured Housing Portfolio

    Sun Communities, Inc. (SUI) (the "Company"), a real estate investment trust ("REIT") that owns and operates or has an interest in manufactured housing and recreational vehicle communities, today announced that it has entered into an agreement to acquire a 31-community manufactured housing portfolio for $343.6 million through a merger of Jensen’s, Inc. (“Jensen’s”) into a subsidiary of the Company. The purchase price, after adjustments as described below, will be paid through a combination of issuing common stock to Jensen’s shareholders and a cash payment. The Company is acquiring 31 manufactured housing communities comprising 5,230 developed sites and over 460 additional expansion sites available for development.

  • How Should You Analyze REIT Stock Sun Communities, Inc. (NYSE:SUI)?
    Simply Wall St.

    How Should You Analyze REIT Stock Sun Communities, Inc. (NYSE:SUI)?

    Sun Communities, Inc. is a US$13b large-cap, real estate investment trust (REIT) based in Southfield, United States...

  • Thomson Reuters StreetEvents

    Edited Transcript of SUI earnings conference call or presentation 25-Jul-19 3:00pm GMT

    Q2 2019 Sun Communities Inc Earnings Call

  • SUI Stock on the Rise After Solid Earnings
    InvestorPlace

    SUI Stock on the Rise After Solid Earnings

    Sun Communities (NYSE:SUI) is real estate investment trust (REIT) that focuses on manufactured housing (MH) communities and recreational vehicle (RV) parks.The company was founded in 1975 and is headquartered in Southfield, Michigan. It now operates more than 345 communities in 29 states, and Ontario, Canada. It's now one of the largest REITs in this unique sector.Generally speaking, REITs of all stripes do well in the current market conditions. Low interest rates and a decent economy mean more people can take a step into home ownership or rent a property in an established community.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnd don't think of manufactured housing as mobile homes. More than 80% of MHs are permanent dwellings. And within those communities there are options to buy or rent. * 7 Stocks to Buy With Over 20% Upside From Current Levels The thing that makes MHs so compelling now is that they're more inexpensive than a typical single-family home because you don't own the property the MH is on.For example, a 1,500 square foot MH may only cost $70,000 because the property is leased. A similarly sized single-family home in that area would cost double that since the owner is also buying the land.What's more, people who buy into these communities also tend to stay. Retirees that are downsizing and just want a base of operations, workers that can now get out of rentals and into their own home, or people on fixed income are more likely to settle in than move on.That's why SUI's occupancy rates are a stunning 98.2% according the company's recent Q2 earnings report. SUI Stock and a Strong Q2And the other aspect of SUI's business - RV communities - are also in the midst of bull market. RV sales have been up for a few years now and there are more people downsizing and hitting the open road. And for some that means home is an MH community and their holidays are spent in RV communities that are both owned by SUI. Younger people are also getting in on the RV life.All this is evident in SUI's recent Q2 earnings. The company reported very strong numbers across the board. All the keys to success showed that SUI is continuing to deliver. Earnings were up, revenues were up, and profits doubled from the same quarter a year ago. This is all great news for SUI stock.Analysts as well as the company are just as bullish moving forward, given the fact that its biggest quarter hasn't been reported yet.What's more, this specific sector of REITs is also one of the safest. That means, if you're a bit wary of the bullish market's rise to new highs, this will provide you with growth on the upside and safety for any downside.The stock is up 33% year to date, 40% in the past 12 months, and it's still delivering a nearly 2.3% dividend. That's beating inflation at this point. SUI stock is a solid long-term stock that will help in good times and bad.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Small-Cap Stocks to Buy Before They Grow Up * 7 Stocks to Buy With Over 20% Upside From Current Levels * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post SUI Stock on the Rise After Solid Earnings appeared first on InvestorPlace.

  • Sun Communities Inc (SUI) Q2 2019 Earnings Call Transcript
    Motley Fool

    Sun Communities Inc (SUI) Q2 2019 Earnings Call Transcript

    SUI earnings call for the period ending June 30, 2019.

  • Sun Communities (SUI) Q2 FFO and Revenues Surpass Estimates
    Zacks

    Sun Communities (SUI) Q2 FFO and Revenues Surpass Estimates

    Sun Communities (SUI) delivered FFO and revenue surprises of 4.42% and 5.35%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Sun Communities, Inc. Reports 2019 Second Quarter Results

    Southfield, MI, July 24, 2019 --  Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an.

  • What Did Sun Communities, Inc.'s (NYSE:SUI) CEO Take Home Last Year?
    Simply Wall St.

    What Did Sun Communities, Inc.'s (NYSE:SUI) CEO Take Home Last Year?

    The CEO of Sun Communities, Inc. (NYSE:SUI) is Gary Shiffman. First, this article will compare CEO compensation with...

  • GuruFocus.com

    5 Companies Reach Yearly Highs

    Recently, multiple companies have managed to achieve 52 week highs

  • Here’s What Hedge Funds Think About Sun Communities Inc (SUI)
    Insider Monkey

    Here’s What Hedge Funds Think About Sun Communities Inc (SUI)

    Hedge fund managers like David Einhorn, Bill Ackman, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing […]

  • Read This Before Selling Sun Communities, Inc. (NYSE:SUI) Shares
    Simply Wall St.

    Read This Before Selling Sun Communities, Inc. (NYSE:SUI) Shares

    It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...

  • 6 Apartment REITs to Buy for Steady Yields
    Kiplinger

    6 Apartment REITs to Buy for Steady Yields

    In a world of minuscule interest rates, investors are searching far and wide for yield. But many of them don't need to look beyond the front door - if they live in an apartment.Apartment real estate investment trusts (REITs) are well-poised to deliver reliable and growing dividends for the foreseeable future.Homeownership rates in the United States have fallen, from 69.2% in the second quarter of 2004, to 64.2% at latest count. The decline is due in part to the higher underwriting standards instituted after 2008, and in part to younger Americans struggling to pay rent, let alone a down payment, mortgage bills and other costs of homeownership. Moreover, along the West Coast and in other cities such as Boston and New York, tough zoning laws and "NIMBY-ism" (Not In My Back Yard) prevent adequate new residential construction - a problem that does not look to be rectified easily, if ever.The 10-year-long U.S. economic recovery and 4% mortgages have bumped up homeownership rates only marginally in recent seasons. Yet as national employment rolls expand, so is demand for housing - but a "severe shortage of housing" has been "too high of a hurdle for many would-be buyers to clear," Freddie Mac recently said. The housing shortage is a national concern, but for investors, the tight residential markets signal opportunity. Well-managed apartment REITs, which own and operate apartment communities, are perfectly positioned to take advantage. Here are six apartment REITs to buy for this housing shift ... as well as sustained and growing dividend income. SEE ALSO: The 13 Best REITs to Buy in 2019

  • Markit

    See what the IHS Markit Score report has to say about Sun Communities Inc.

    Sun Communities Inc NYSE:SUIView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for SUI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting SUI. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold SUI had net inflows of $1.46 billion over the last one-month. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • GlobeNewswire

    Sun Communities, Inc. Announces Dates for Second Quarter 2019 Earnings Release and Conference Call

    Southfield, MI, May 30, 2019 --  Sun Communities, Inc. (NYSE:SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in.

  • GlobeNewswire

    Sun Communities, Inc. Announces Pricing of Public Offering of Common Stock

    Southfield, MI, May 29, 2019 (GLOBE NEWSWIRE) --  Sun Communities, Inc. (SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in manufactured housing and recreational vehicle communities, today announced the pricing of an underwritten public offering of 3,250,000 shares of its common stock. As part of the offering, the Company granted the underwriters a 30-day option to purchase up to an additional 487,500 shares of its common stock. The offering is expected to close on Friday, May 31, 2019, subject to customary closing conditions. The Company intends to use the net proceeds of the offering to repay borrowings outstanding under the revolving loan under its senior credit facility and for working capital and general corporate purposes.

  • GlobeNewswire

    Sun Communities, Inc. Commences Public Offering of 3,250,000 Shares of Common Stock

    The Company intends to use the net proceeds of the offering to repay borrowings outstanding under the revolving loan under its senior credit facility and for working capital and general corporate purposes. The offering will be made only by means of a prospectus supplement and accompanying prospectus, copies of which may be obtained by contacting BofA Merrill Lynch, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte NC 28255-0001, Attn: Prospectus Department or by email at dg.prospectus_requests@baml.com or by contacting Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 telephone: (800) 831-9146.

  • GlobeNewswire

    Sun Communities, Inc. Declares Second Quarter 2019 Dividends

    Southfield, MI, May 28, 2019 --  Sun Communities, Inc. (NYSE:SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in.