Ronald Klein - Sun Communities Independent Director

SUI Stock  USD 127.46  1.06  0.82%   

Director

Mr. Ronald A. Klein is an Independent Director of Sun Communities, Inc. He was a director since 2015. He is Chairman of our NCG Committee, Chairman of our MH Finance Committee and a member of the Executive Committee and Compensation Committee. Mr. Klein is a principal of JK Ventures LLC, a private firm focusing on real estate acquisition and development activities. Mr. Klein has served as a director and Chief Executive Officer of Origen Financial, Inc. a financial services company, formerly a publicly traded mortgage REIT that originated, securitized and serviced manufactured home loans. From 2010 until its merger with Chemical Financial Corporation in 2016, he was a director of Talmer Bancorp, Inc. and Talmer Bank. Talmer Bank merged with Chemical Financial Corporation in 2016. Mr. Klein is currently a director of Chemical Bank, where he serves as chairman of the asset and liability committee, and on the compensation, technology, trust, strategic and credit risk and administration committees. Mr. Klein is also actively involved with several closelyheld companies in the real estate industry and the technology industry. He is a graduate of the University of Michigan Law School. since 2015.
Age 63
Tenure 9 years
Address 27777 Franklin Road, Southfield, MI, United States, 48034-8205
Phone248 208 2500
Webhttps://www.suncommunities.com

Ronald Klein Latest Insider Activity

Tracking and analyzing the buying and selling activities of Ronald Klein against Sun Communities stock is an integral part of due diligence when investing in Sun Communities. Ronald Klein insider activity provides valuable insight into whether Sun Communities is net buyers or sellers over its current business cycle. Note, Sun Communities insiders must abide by specific rules, including filing SEC forms every time they buy or sell Sun Communities'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Sun Communities Management Efficiency

The company has Return on Asset of 0.0195 % which means that on every $100 spent on assets, it made $0.0195 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.033 %, implying that it generated $0.033 on every 100 dollars invested. Sun Communities' management efficiency ratios could be used to measure how well Sun Communities manages its routine affairs as well as how well it operates its assets and liabilities. The Sun Communities' current Return On Capital Employed is estimated to increase to 0.1, while Return On Tangible Assets are forecasted to increase to (0.01). As of now, Sun Communities' Intangible Assets are increasing as compared to previous years. The Sun Communities' current Net Tangible Assets is estimated to increase to about 8 B, while Non Currrent Assets Other are projected to decrease to under 253.6 M.
Sun Communities has 7.95 B in debt with debt to equity (D/E) ratio of 0.87, which is OK given its current industry classification. Sun Communities has a current ratio of 1.58, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Sun to invest in growth at high rates of return.

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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. Sun Communities (SUI) is traded on New York Stock Exchange in USA. It is located in 27777 Franklin Road, Southfield, MI, United States, 48034-8205 and employs 6,733 people. Sun Communities is listed under Single-Family Residential REITs category by Fama And French industry classification.

Management Performance

Sun Communities Leadership Team

Elected by the shareholders, the Sun Communities' board of directors comprises two types of representatives: Sun Communities inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sun. The board's role is to monitor Sun Communities' management team and ensure that shareholders' interests are well served. Sun Communities' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sun Communities' outside directors are responsible for providing unbiased perspectives on the board's policies.
Stephanie Bergeron, Independent Director
Gary Shiffman, Executive Chairman, CEO, Member of Executive Committee and Director of Sun Home Services Inc
Jonathan Colman, Executive Vice President
Fernando CastroCaratini, CFO, VP
John McLaren, President, Chief Operating Officer
Karen Dearing, Chief Financial Officer, Executive Vice President, Treasurer, Secretary
Clunet Lewis, Lead Independent Director
Aaron Weiss, Executive Vice President of Corporate Strategy and Business Development
Tonya Allen, Independent Director
Arthur Weiss, Director
Brian Hermelin, Independent Director
Bruce Thelen, Executive Vice President - Operations and Sales
Ronald Klein, Independent Director
Marc Farrugia, Executive Officer
Meghan Baivier, Independent Director
Baxter Underwood, Chief Executive Officer - Safe Harbor

Sun Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Sun Communities a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Sun Communities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sun Communities' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sun Communities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sun Communities Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Single-Family Residential REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sun Communities. If investors know Sun will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sun Communities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.391
Dividend Share
3.75
Earnings Share
1.86
Revenue Per Share
25.753
Quarterly Revenue Growth
(0.03)
The market value of Sun Communities is measured differently than its book value, which is the value of Sun that is recorded on the company's balance sheet. Investors also form their own opinion of Sun Communities' value that differs from its market value or its book value, called intrinsic value, which is Sun Communities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sun Communities' market value can be influenced by many factors that don't directly affect Sun Communities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sun Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sun Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sun Communities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.