Profile
Sector:
Real EstateIndustry:
ResidentialCountry:
United StatesIPO:
09 December 1993Website:
http://www.suncommunities.comNext earnings report:
26 July 2024Last dividends:
28 June 2024Next dividends:
N/APrice
after hours | 72 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
SUI Latest News
Southfield, MI, July 01, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing and recreational vehicle communities and marinas (collectively, the "properties"), announces it will release second quarter 2024 operating results after the market closes on Wednesday, July 31, 2024. The Company will host a conference call to discuss these results on Thursday, August 1, 2024, at 2:00 P.M. ET.
Sun Communities has underperformed the Vanguard Real Estate Index Fund ETF in 2024 despite continued underlying growth. Core FFO is expected to increase by 1% in 2024. Net debt accounts for 33% of enterprise value, with an average interest rate of just 4.21% and a 6.8-year average maturity.
Sun Communities (SUI) reported quarterly funds from operations (FFO) of $1.19 per share, exceeding the Zacks Consensus Estimate of $1.16 per share. This is lower than the FFO of $1.23 per share in the same quarter last year.
Southfield, MI, April 02, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing and recreational vehicle communities and marinas (collectively, the "properties"), announces it will release first quarter 2024 operating results after the market closes on Monday, April 29, 2024. The Company will host a conference call to discuss these results on Tuesday, April 30, 2024, at 2:00 P.M. ET.
Sun Communities is a leading REIT in the manufactured housing, RV, and marina segments with a consistent track record of growth and strong shareholder returns.
Sun Communities: Growth At A High Price
Southfield, MI, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured housing and recreational vehicle communities and marinas, today announced that Gary A. Shiffman, Chairman, President and Chief Executive Officer, will present at the 2024 Citi Global Property CEO Conference in Hollywood, Florida, on Tuesday, March 5, 2024, at 1:30 p.m. Eastern Standard Time.
Sun Communities, Inc. (SUI) Q4 2023 Earnings Call Transcript
Southfield, MI, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing and recreational vehicle communities and marinas (collectively, the "properties"), announces it will release fourth quarter 2023 operating results after the market closes on Tuesday, February 20, 2024. The Company will host a conference call to discuss these results on Wednesday, February 21, 2024, at 11:00 A.M. ET.
Sun Communities is a residential REIT with a track record of operational excellence and a diversified portfolio of properties. The company has strong demand and positive trends in its manufactured housing, RV communities, and marinas. Despite a low dividend yield, Sun Communities is undervalued and has a potential upside, making it a good investment opportunity.
- 1(current)
What type of business is Sun Communities?
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 39 states, Canada, Puerto Rico and the UK.
What sector is Sun Communities in?
Sun Communities is in the Real Estate sector
What industry is Sun Communities in?
Sun Communities is in the Residential industry
What country is Sun Communities from?
Sun Communities is headquartered in United States
When did Sun Communities go public?
Sun Communities initial public offering (IPO) was on 09 December 1993
What is Sun Communities website?
https://www.suncommunities.com
Is Sun Communities in the S&P 500?
No, Sun Communities is not included in the S&P 500 index
Is Sun Communities in the NASDAQ 100?
No, Sun Communities is not included in the NASDAQ 100 index
Is Sun Communities in the Dow Jones?
No, Sun Communities is not included in the Dow Jones index
When does Sun Communities report earnings?
The next expected earnings date for Sun Communities is 26 July 2024