Sun Communities Financials

SUI Stock  USD 127.46  1.06  0.82%   
Based on the key indicators related to Sun Communities' liquidity, profitability, solvency, and operating efficiency, Sun Communities is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. As of now, Sun Communities' Property Plant And Equipment Net is increasing as compared to previous years. The Sun Communities' current Net Debt is estimated to increase to about 8.3 B, while Retained Earnings are forecasted to increase to (2.3 B). Key indicators impacting Sun Communities' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income1.3 B1.2 B
Sufficiently Up
Slightly volatile
Current Ratio0.20.2087
Sufficiently Down
Pretty Stable
The essential information of the day-to-day investment outlook for Sun Communities includes many different criteria found on its balance sheet. An individual investor should monitor Sun Communities' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Sun Communities.

Cash And Equivalents

58.19 Million

  
Understanding current and past Sun Communities Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sun Communities' financial statements are interrelated, with each one affecting the others. For example, an increase in Sun Communities' assets may result in an increase in income on the income statement.

Sun Communities Stock Summary

Sun Communities competes with Clipper Realty, UDR, UMH Properties, American Homes, and Equity Lifestyle. Sun Communities, Inc. is a REIT that, as of March 31, 2022, owned, operated, or had an interest in a portfolio of 603 developed MH, RV and marina properties comprising nearly 159,300 developed sites and over 45,700 wet slips and dry storage spaces in states, Canada, Puerto Rico and the UK. Sun Communities operates under REITResidential classification in the United States and is traded on New York Stock Exchange. It employs 4948 people.
Foreign Associate
  South Africa
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS8666741041
CUSIP866674104
LocationMichigan; U.S.A
Business Address27777 Franklin Road,
SectorResidential REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.suncommunities.com
Phone248 208 2500
CurrencyUSD - US Dollar

Sun Communities Key Financial Ratios

Sun Communities Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets7.8B11.2B13.5B17.1B16.9B17.8B
Net Debt3.3B4.6B5.6B9.2B7.9B8.3B
Retained Earnings(1.4B)(1.6B)(1.6B)(1.7B)(2.4B)(2.3B)
Other Assets61.4M265.0M14.1B14.3B11.7M11.1M
Net Receivables157.9M221.7M469.6M617.3M477.8M501.7M
Total Liab3.9B5.6B6.8B9.2B9.5B10.0B
Total Current Assets349.5M491.3M785.7M1.0B726.1M762.4M
Other Current Liab71.7M87.0M(698.9M)155.5M1.4B1.5B
Cash34.8M98.3M78.2M90.4M42.7M29.5M
Common Stock932K1.1M1.2M1.2M1.4M1.4M
Short Term Debt183.9M1.2B1.0B2.1B2.1B2.2B
Other Liab186.4M322.4M755.7M1.3B1.5B1.6B
Accounts Payable127.3M148.4M361M396.3M(805M)(764.8M)
Long Term Debt3.3B3.5B5.7B7.2B5.7B6.0B
Inventory62.1M46.6M51.1M202.7M205.6M215.9M
Other Current Assets(254.8M)(360.9M)(598.9M)(910.4M)(726.1M)(689.8M)
Intangible Assets67.5M305.6M306.8M402M369.5M388.0M
Net Tangible Assets3.9B5.1B6.1B6.6B7.6B8.0B
Long Term Debt Total3.3B3.5B5.7B7.2B8.3B8.7B
Capital Surpluse5.2B7.1B8.2B9.5B11.0B11.5B

Sun Communities Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense137.9M133.2M162.8M234M329.1M345.6M
Total Revenue1.2B1.4B2.3B2.9B3.2B3.3B
Gross Profit699.4M774.2M1.2B1.4B831.7M873.3M
Operating Income300.1M293.0M462.8M588M1.2B1.3B
Ebit300.1M162.0M(95.5M)(163.7M)1.9B1.9B
Ebitda628.2M1.3B1.7B2.3B2.5B2.6B
Net Income161.6M131.6M380.2M242M(213.3M)(202.6M)
Income Tax Expense873K(775K)1.3M6.1M(8.4M)(8.0M)
Cost Of Revenue546.7M614.0M1.1B1.5B2.3B2.5B
Income Before Tax178.3M146.7M415.1M269.9M(217.5M)(206.6M)
Minority Interest9.8M(8.9M)(21.5M)(21.8M)(21.5M)(20.4M)
Tax Provision873K(775K)1.3M6.1M(3.2M)(3.0M)
Interest Income137.8M126.8M12.2M231.3M50.5M94.0M
Net Interest Income(137.9M)(133.2M)(150.6M)(198.8M)(260.8M)(247.8M)

Sun Communities Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(27.4M)63.5M(14.4M)12.2M(47.7M)(45.3M)
Free Cash Flow476.7M548.9M753.6M734.9M790.5M830.0M
Depreciation314.7M372.6M512.5M579.1M641.2M673.3M
Other Non Cash Items(39.6M)(25.2M)(170.0M)64.8M482.8M506.9M
Dividends Paid276.7M313.1M390.8M434.2M476.4M500.2M
Capital Expenditures709.7M1.0B2.5B1.6B921M0.0
Net Income177.4M147.5M413.7M263.8M(209.1M)(198.6M)
End Period Cash Flow34.8M98.3M78.2M90.4M42.7M33.1M
Change To Inventory(44.3M)10.9M(76.0M)(274M)(110.3M)(104.8M)
Investments(29.9M)(70.0M)(147.6M)(3.1B)(1.1B)(1.1B)
Change Receivables3.0M(176K)(1.2M)5.2M6.0M6.3M
Net Borrowings361.7M471.6M911.2M1.6B1.8B1.9B
Change To Netincome18.1M3.5M(9.4M)6.1M7.0M7.4M

Sun Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Sun Communities's current stock value. Our valuation model uses many indicators to compare Sun Communities value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sun Communities competition to find correlations between indicators driving Sun Communities's intrinsic value. More Info.
Sun Communities is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.59  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sun Communities is roughly  1.69 . As of now, Sun Communities' Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sun Communities' earnings, one of the primary drivers of an investment's value.

Sun Communities Systematic Risk

Sun Communities' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sun Communities volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Sun Communities correlated with the market. If Beta is less than 0 Sun Communities generally moves in the opposite direction as compared to the market. If Sun Communities Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sun Communities is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sun Communities is generally in the same direction as the market. If Beta > 1 Sun Communities moves generally in the same direction as, but more than the movement of the benchmark.

Sun Communities Thematic Clasifications

Sun Communities is part of SRI Sustainable Growth investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Large and mid-sized companies that operate under the guidelines of socially responsible investing - SRI. Socially responsible investments that include companies making a positive, sustainable or social impact and exclude those making a negative impact
SRI Sustainable GrowthView
This theme covers Large and mid-sized companies that operate under the guidelines of socially responsible investing - SRI. Socially responsible investments that include companies making a positive, sustainable or social impact and exclude those making a negative impact. Get More Thematic Ideas
Today, most investors in Sun Communities Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sun Communities' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Sun Communities growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.39

As of now, Sun Communities' Price Earnings To Growth Ratio is decreasing as compared to previous years.

Sun Communities November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Sun Communities help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sun Communities. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sun Communities based on widely used predictive technical indicators. In general, we focus on analyzing Sun Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sun Communities's daily price indicators and compare them against related drivers.

Complementary Tools for Sun Stock analysis

When running Sun Communities' price analysis, check to measure Sun Communities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sun Communities is operating at the current time. Most of Sun Communities' value examination focuses on studying past and present price action to predict the probability of Sun Communities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Communities' price. Additionally, you may evaluate how the addition of Sun Communities to your portfolios can decrease your overall portfolio volatility.
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