Sun Communities Stock Market Insights and Expert Analysis

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Sun Communities is a leading provider of manufactured housing communities in the United States. With a portfolio of over 450 communities, they offer a unique investment opportunity in the real estate market.

Their focus on manufactured housing communities has proven to be a successful strategy, with a strong track record of growth and stability. This is reflected in their consistent dividend payments, which have been made every quarter since 1994.

Sun Communities has a long history of successful acquisitions, with a significant portion of their portfolio consisting of communities acquired through strategic purchases.

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Investment Analysis

Sun Communities stock offers a unique investment opportunity with a strong focus on the manufactured housing industry.

Sun Communities operates a large portfolio of manufactured home communities, with over 450 properties across the United States and Canada.

The company's focus on the manufactured housing industry provides a stable source of revenue through rent and fees from residents.

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Sun Communities has a history of steady growth, with 14 consecutive years of same-store net operating income growth.

The company's business model is built around providing a high-quality living experience for residents, with amenities such as pools, clubhouses, and fitness centers.

Sun Communities has a strong financial position, with a debt-to-equity ratio of 0.7 and a cash flow margin of 44.6%.

The company's ability to generate consistent cash flow has allowed it to maintain a high dividend yield, currently at 4.3%.

Sun Communities has a strong track record of increasing its dividend payout, with 13 consecutive years of dividend growth.

Financial Data

Sun Communities' financial data is a key aspect of evaluating the stock's potential. The company's revenue is expected to reach $3,724 USD in 2028, up from $3,557 USD in 2027.

The dividend yield is projected to increase from 3.54% in 2027 to 3.84% in 2028, indicating a potential increase in shareholder returns.

Sun Communities' earnings per share (EPS) is expected to be $1.64 in 2028, up from $1.42 in 2027. This suggests a possible improvement in the company's profitability.

Shareholder Returns

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Let's take a closer look at the shareholder returns for Sun Communities, Inc. (SUI).

Over the past 7 days, SUI's stock price has dropped by 1.1%. This is a relatively small decline, but it's worth noting in the context of the broader market.

In comparison, the US Residential REITs industry has seen a 0.1% increase in stock price over the same period. Meanwhile, the US Market as a whole has experienced a 2.5% decline.

Looking at the past year, SUI's stock price has actually dropped by 7.4%. This is a significant underperformance compared to the US Residential REITs industry, which has seen a 5.6% increase. The US Market, on the other hand, has seen a substantial 21.6% gain.

Here's a quick comparison of SUI's performance over the past year:

Estimates in USD

Estimates in USD are a crucial aspect of financial data, providing a glimpse into a company's expected performance. The number of analysts predicting a company's earnings can vary from quarter to quarter, with Sun Communities having 5 analysts in the previous quarter and 2 in the current quarter.

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The average earnings estimate for Sun Communities in the previous quarter was $0.108 USD, while in the current quarter, the estimate is -$0.017 USD. This significant drop in estimate highlights the importance of monitoring financial data closely.

The estimated average revenue for Sun Communities in the current quarter is $604 USD, based on 4 analyst estimates. This is a notable decrease from the previous quarter's estimates, which were not available.

Here's a breakdown of the estimated average revenue for Sun Communities in the next quarter and the current year:

These estimates can be useful in making informed investment decisions, but it's essential to consider multiple sources and stay up-to-date with the latest financial data.

Dividend Calendar

The Dividend Calendar is a valuable tool for investors looking to track dividend payments from Sun Communities Inc. Over the years, the company has consistently paid out a dividend of $2.52.

Sun Communities Inc. has been paying a dividend since at least 2009, with the highest yield recorded in 2009 at 12.76%. This is a significant return on investment for shareholders.

The dividend has been steadily increasing over the years, with a yield of 2.08% in 2020 and 2.78% in 2023. This indicates a growing dividend payout ratio.

Here's a breakdown of the dividend payments from 2009 to 2023:

Expert Insights

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Analysts have consistently shown a positive outlook for Sun Communities stock. The most recent analyst opinions are from JMP Securities LLC, RBC Capital Markets, and Evercore, all of which maintained a "Buy" rating.

JMP Securities LLC has maintained a "Buy" rating for Sun Communities stock since December 2023, with a price target of $150. RBC Capital Markets also maintained a "Buy" rating, with a price target of $130. Evercore has maintained a "Buy" rating since November 2023, with a price target of $132.

The average rating for SUI stock is "Buy" according to 12 analysts, with a 12-month stock price forecast of $136.25. This represents an increase of 12.38% from the latest price.

Here's a summary of the analyst opinions:

Note: The table above shows a selection of analyst opinions, but there are many more opinions listed in the article section facts.

Stock Performance Overview

Sun Communities stock has had its ups and downs over the past year, with a 52 week high of US$147.83 and a 52 week low of US$110.98.

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The stock's performance has been volatile, with a 3 month change of -11.88% and a 1 year change of -7.40%.

Its current share price is US$121.24, a decline of -1.15% in the last month.

The stock's beta is 0.90, indicating a relatively stable investment.

Here's a summary of the stock's performance over the past few years:

Its market capitalization is US$16,076,060,000, and it's listed on the NYSE.

The stock's diluted EPS (TTM) is 1.86, and its revenue growth YOY is -2.7%.

Frequently Asked Questions

Who owns Sun Communities?

Sun Communities is primarily owned by institutional investors, with a significant portion also held by public companies and individual investors. Approximately 81% of the company's stock is held by institutional investors.

When did Sun Communities go public?

Sun Communities went public in December 1993 through an initial public offering. This marked a significant milestone in the company's history, which began in 1975.

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Lola Stehr is a meticulous and detail-oriented Copy Editor with a passion for refining written content. With a keen eye for grammar and syntax, she has honed her skills in editing a wide range of articles, from in-depth market analysis to timely financial forecasts. Lola's expertise spans various categories, including New Zealand Dollar (NZD) market trends and Currency Exchange Forecasts.

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