NYSE
SUI

Sun Communities Inc

REIT-Residential
Real Estate

Prices are adjusted according to historical splits.

Sun Communities Inc Stock Price

Vitals

Today's Low:
$120.49
Today's High:
$122.93
Open Price:
$120.93
52W Low:
$115.269
52W High:
$161.5471
Prev. Close:
$120.78
Volume:
743544

Company Statistics

Market Cap.:
$15.64 billion
Book Value:
61.962
Revenue TTM:
$3.08 billion
Operating Margin TTM:
19.3%
Gross Profit TTM:
$1.42 billion
Profit Margin:
7.36%
Return on Assets TTM:
2.19%
Return on Equity TTM:
3.21%

Company Profile

Sun Communities Inc had its IPO on 1993-12-08 under the ticker symbol SUI.

The company operates in the Real Estate sector and REIT-Residential industry. Sun Communities Inc has a staff strength of 7,199 employees.

Stock update

Shares of Sun Communities Inc opened at $120.93 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $120.49 - $122.93, and closed at $122.67.

This is a +1.56% increase from the previous day's closing price.

A total volume of 743,544 shares were traded at the close of the day’s session.

In the last one week, shares of Sun Communities Inc have increased by +0.57%.

Sun Communities Inc's Key Ratios

Sun Communities Inc has a market cap of $15.64 billion, indicating a price to book ratio of 2.296 and a price to sales ratio of 6.4423.

In the last 12-months Sun Communities Inc’s revenue was $3.08 billion with a gross profit of $1.42 billion and an EBITDA of $1.20 billion. The EBITDA ratio measures Sun Communities Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Sun Communities Inc’s operating margin was 19.3% while its return on assets stood at 2.19% with a return of equity of 3.21%.

In Q2, Sun Communities Inc’s quarterly earnings growth was a positive 18% while revenue growth was a positive 5.8%.

Sun Communities Inc’s PE and PEG Ratio

Forward PE
58.1395
Trailing PE
65.2865
PEG
29.63

Its diluted EPS in the last 12-months stands at $1.85 per share while it has a forward price to earnings multiple of 58.1395 and a PEG multiple of 29.63. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Sun Communities Inc’s profitability.

Sun Communities Inc stock is trading at a EV to sales ratio of 8.698 and a EV to EBITDA ratio of 22.5021. Its price to sales ratio in the trailing 12-months stood at 6.4423.

Sun Communities Inc stock pays annual dividends of $3.62 per share, indicating a yield of 3.13% and a payout ratio of 1.99%.

Balance sheet and cash flow metrics

Total Assets
$17.56 billion
Total Liabilities
$2.91 billion
Operating Cash Flow
$-259900000.00
Capital Expenditure
$262.90 million
Dividend Payout Ratio
1.99%

Sun Communities Inc ended 2024 with $17.56 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $17.56 billion while shareholder equity stood at $7.71 billion.

Sun Communities Inc ended 2024 with $0 in deferred long-term liabilities, $2.91 billion in other current liabilities, 1200000.00 in common stock, $-1898200000.00 in retained earnings and $1.10 billion in goodwill. Its cash balance stood at $68.70 million and cash and short-term investments were $179.10 million. The company’s total short-term debt was $2,002,900,000 while long-term debt stood at $5.55 billion.

Sun Communities Inc’s total current assets stands at $1.15 billion while long-term investments were $0 and short-term investments were $110.40 million. Its net receivables were $733.30 million compared to accounts payable of $471.60 million and inventory worth $236.60 million.

In 2024, Sun Communities Inc's operating cash flow was $-259900000.00 while its capital expenditure stood at $262.90 million.

Comparatively, Sun Communities Inc paid $0.02 in dividends in 2024.

Other key metrics

Current Trading Price
$122.67
52-Week High
$161.5471
52-Week Low
$115.269
Analyst Target Price
$160

Sun Communities Inc stock is currently trading at $122.67 per share. It touched a 52-week high of $161.5471 and a 52-week low of $161.5471. Analysts tracking the stock have a 12-month average target price of $160.

Its 50-day moving average was $128.02 and 200-day moving average was $136.12 The short ratio stood at 2.4 indicating a short percent outstanding of 0%.

Around 142.8% of the company’s stock are held by insiders while 10247.9% are held by institutions.

Frequently Asked Questions About Sun Communities Inc

The stock symbol (also called stock or share ticker) of Sun Communities Inc is SUI

The IPO of Sun Communities Inc took place on 1993-12-08

Similar Industry Stocks (REIT-Residential)

Last Price
Chg
Chg%
Matson Inc (MATX)
$86.1
0.9
+1.06%
Vivendi SA PK (VIVHY)
$8.81
0.1
+1.15%
Arvinas Inc (ARVN)
$26.36
-1.5
-5.38%
$967.85
-15.6
-1.59%
$30.95
0.04
+0.13%
$17.04
-0.18
-1.05%
$7.82
-0.37
-4.52%
CAMEX LTD. (CAMEXLTD)
$29.57
-0.81
-2.67%
$2325.55
-160.2
-6.44%
$38.7
-2.9
-6.97%

Most Active

Last Price
Chg
Chg%
Amyris Inc (AMRS)
$0.14
0.07
+100%
$0.12
0.04
+45.29%
$0.96
0.05
+5.4%
$1.34
-0.35
-20.71%
Humbl Inc (HMBL)
$0
0
0%

Top Gainers

Last Price
Chg
Chg%
$0
0
+172200%
$0
0
+51200%
$283
280.03
+9428.62%
$11.2
10.57
+1667.68%
Latch Inc (LTCHW)
$0.01
-0.03
+1550%

Top Losers

Last Price
Chg
Chg%
$0.19
-123.15
-99.85%
$0
-0.11
-99.55%
$0
-0
-97.96%
$0
-0.01
-93.94%
$0.01
-0.06
-92.24%

About

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.

Address

27777 Franklin Road, Southfield, MI, United States, 48034