Sun Communities Stock Today

SUI Stock  USD 127.46  1.06  0.82%   

Performance

0 of 100

 
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Odds Of Distress

Less than 36

 
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Below Average
Sun Communities is trading at 127.46 as of the 24th of November 2024. This is a 0.82 percent decrease since the beginning of the trading day. The stock's open price was 128.52. Sun Communities has about a 36 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Note, on October 14, 2024, Representative Michael McCaul of US Congress acquired $100k to $250k worth of Sun Communities's common stock.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
8th of December 1993
Category
Real Estate
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. The company has 127.39 M outstanding shares of which 1.38 M shares are at this time shorted by investors with about 1.38 days to cover. More on Sun Communities

Moving together with Sun Stock

  0.67O Realty IncomePairCorr
  0.71FR First Industrial RealtyPairCorr
  0.65HR Healthcare Realty TrustPairCorr

Moving against Sun Stock

  0.53UE Urban Edge PropertiesPairCorr
  0.36EQIX EquinixPairCorr
  0.34PK Park Hotels ResortsPairCorr
  0.34WELL WelltowerPairCorr

Sun Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOBaxter Underwood
Thematic IdeaSRI Sustainable Growth (View all Themes)
Business ConcentrationSingle-Family Residential REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, SRI Sustainable Growth, Real Estate, Residential REITs, REIT—Residential, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.130.1877
Way Down
Very volatile
Gross Profit Margin0.250.2615
Sufficiently Down
Slightly volatile
Net Debt8.3 B7.9 B
Sufficiently Up
Slightly volatile
Total Current Liabilities3.7 B3.5 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total6.3 BB
Sufficiently Up
Slightly volatile
Total Assets17.8 B16.9 B
Sufficiently Up
Slightly volatile
Total Current Assets762.4 M726.1 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities830 M790.5 M
Sufficiently Up
Slightly volatile
Debt Levels
Sun Communities can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sun Communities' financial leverage. It provides some insight into what part of Sun Communities' total assets is financed by creditors.
Liquidity
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.

Change In Working Capital

(137.18 Million)
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. The company currently falls under 'Large-Cap' category with a total capitalization of 16.9 B. Sun Communities runs under Residential REITs sector within Real Estate industry. The entity has 127.39 M outstanding shares of which 1.38 M shares are at this time shorted by investors with about 1.38 days to cover. Sun Communities has about 90.4 M in cash with 790.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.82.
Check Sun Communities Probability Of Bankruptcy
Ownership Allocation
Sun Communities shows a total of 127.39 Million outstanding shares. The majority of Sun Communities outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Sun Communities to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Sun Communities. Please pay attention to any change in the institutional holdings of Sun Communities as this could imply that something significant has changed or is about to change at the company. Also note that roughly two hundred sixteen thousand five hundred sixty-three invesors are currently shorting Sun Communities expressing very little confidence in its future performance.
Check Sun Ownership Details

Sun Stock Institutional Holders

InstituionRecorded OnShares
Daiwa Securities Group Inc2024-06-30
2.2 M
Geode Capital Management, Llc2024-09-30
2.1 M
Centersquare Investment Management Llc2024-09-30
2.1 M
Dimensional Fund Advisors, Inc.2024-09-30
1.8 M
Jpmorgan Chase & Co2024-06-30
1.6 M
Legal & General Group Plc2024-06-30
1.3 M
Ubs Asset Mgmt Americas Inc2024-09-30
1.3 M
Cbre Investment Management Listed Real Assets Llc2024-09-30
1.2 M
Pggm Investments2024-06-30
1.2 M
Vanguard Group Inc2024-09-30
17.6 M
Cohen & Steers Inc2024-06-30
11.4 M
View Sun Communities Diagnostics

Sun Communities Historical Income Statement

As of now, Sun Communities' Total Revenue is increasing as compared to previous years. The Sun Communities' current Gross Profit is estimated to increase to about 873.3 M, while Total Operating Expenses is projected to decrease to under 208 M. View More Fundamentals

Sun Stock Against Markets

Sun Communities Corporate Directors

Stephanie BergeronIndependent DirectorProfile
Clunet LewisLead Independent DirectorProfile
Arthur WeissDirectorProfile
Brian HermelinIndependent DirectorProfile
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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.