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Sun Communities Inc (NYSE: SUI) |
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Price: $121.2400
$-0.20 
-0.165%
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| Day's High:
| $122.41000366210938
| Week Perf:
| -1.58 %
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| Day's Low: |
$ 120.24 |
30 Day Perf: |
-0.35 % |
| Volume (M): |
1,280,352 |
52 Wk High: |
$ 137.85 |
| Volume (M$): |
$ 0 |
52 Wk Avg: |
$125.76 |
| Open: |
$121.75 |
52 Wk Low: |
$115.90 |
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| Market Capitalization (Millions $) |
15,216 |
| Shares
Outstanding (Millions) |
126 |
| Employees |
3,614 |
| Revenues (TTM) (Millions $) |
2,344 |
| Net Income (TTM) (Millions $) |
1,466 |
| Cash Flow (TTM) (Millions $) |
387 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Sun Communities Inc. is a real estate investment trust (REIT) that specializes in owning, managing, and operating manufactured housing communities, recreational vehicle (RV) resorts, and marinas across the United States and Canada. The company was founded in 1975 and is headquartered in Southfield, Michigan.
Sun Communities owns and operates over 400 properties and more than 137,000 sites located in 32 states throughout the US and one province in Canada, providing housing options for over 400,000 residents. The company's portfolio is divided into two main segments: manufactured housing communities (MHCs) and RV resorts.
MHCs are communities consisting of specially designed, factory-built homes that are typically placed on leased land, offering affordable housing options for families, seniors, and seasonal workers. Sun Communities' MHCs offer various amenities, including clubhouses, swimming pools, playgrounds, and in some cases, onsite management and maintenance staff.
RV resorts are communities that offer sites for RVs and campers, ranging from primitive camping to luxury resorts with full-service amenities. Sun Communities' RV resorts offer amenities such as Wi-Fi, cable television, fire pits, laundry facilities, and recreation facilities.
Apart from its core business in manufactured housing communities and RV resorts, Sun Communities also operates marinas that offer boat slips, boat rentals, and other related services.
The company's revenue is generated primarily from rent paid by residents of its properties. Sun Communities also earns income from sales of homes within its communities, management services, and other ancillary revenue-generating activities.
Sun Communities has a market capitalization of approximately $22 billion as of September 2021, and its stock is traded on the New York Stock Exchange under the symbol "SUI." The company has a history of consistent revenue and earnings growth, with a focus on dividend payments to its shareholders. Furthermore, Sun Communities has a strong management team, which has prioritized growth through acquisitions and investments in new properties.
Company Address: 27777 Franklin Rd, Zagreb 48034 City of Zagreb
Company Phone Number: 208-2500 Stock Exchange / Ticker: NYSE SUI
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| Stock Performances by Major Competitors |
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| Dividend
Published Tue, Jan 21 2025 9:55 PM UTC
In a significant announcement from Southfield, MI, Sun Communities, Inc. (NYSE:SUI), a leading real estate investment trust (REIT) specializing in manufactured housing and recreational vehicle (RV) communities, has shed light on the tax treatment of its common share distributions for the fiscal year 2024. This comes at a crucial time for investors, especially with a looming ...
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| Announcement
Published Sun, Feb 2 2025 6:00 PM UTC
As the ongoing legal landscape continues to evolve, investors in Sun Communities, Inc. (NYSE: SUI) are urged to take proactive steps to protect their interests ahead of a critical deadline on February 10, 2024. Rosen Law Firm, a prominent name in securities litigation, is advising shareholders to secure counsel in the wake of a recent class action lawsuit that could impact t...
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| Announcement
Published Thu, Dec 19 2024 5:06 PM UTC
Navigating Legal Challenges and Market Dynamics: Sun Communities, Inc. Faces Class Action and Financial Disparities Amidst Sector Growth In a crucial development for stakeholders of Sun Communities, Inc. (Sun Communities or the Company) (NYSE: SUI), the legal firm Levi & Korsinsky, LLP announced a class action securities lawsuit that seeks to address grievances concerning th...
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| Announcement
Published Wed, Dec 11 2024 9:55 PM UTC
In a strategic move aimed at revitalizing its leadership and aligning itself with the evolving landscape of real estate investment, Sun Communities, Inc. (NYSE: SUI) has announced significant changes to its Board of Directors. The Southfield, MI-based real estate investment trust (REIT), known for its extensive portfolio of manufactured housing (MH) and recreational vehicle ...
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| Announcement
Published Wed, Nov 6 2024 9:14 PM UTC
In a recent announcement, Sun Communities, Inc. (NYSE: SUI), one of the largest real estate investment trusts specializing in manufactured housing and recreational vehicle communities, has unveiled plans for a significant corporate restructuring. This development coincides with the retirement of its long-serving Chief Executive Officer, which marks a pivotal moment for the o...
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Fundamental Analysis
| Per Share |
Current |
| Earnings (TTM) |
10.62 $ |
| Revenues (TTM) |
18.68 $
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| Cash Flow (TTM) |
3.08 $ |
| Cash |
-
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| Book Value |
54.68 $
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| Dividend (TTM) |
4.24 $ |
| Efficiency
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Current |
| Revenue per Employee
(TTM) |
648,533 |
| Net
Income per Employee (TTM) |
405,506 |
| Receivable Turnover Ratio (TTM) |
8.17 |
| Inventory Turnover Ratio (TTM) |
- |
| Asset Turnover Ratio (TTM) |
0.18 |
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| Per Share |
|
| Earnings (TTM) |
10.62 $
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| Revenues (TTM) |
18.68 $ |
| Cash Flow (TTM) |
3.08 $ |
| Cash |
-
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| Book Value |
54.68 $ |
| Dividend (TTM) |
4.24 $ |
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| MH |
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 115.81 % |
of total Revenue |
| RV |
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59.34 % |
of total Revenue |
| UK |
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16.56 % |
of total Revenue |
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On February 20 2024 the Sun Communities Inc provided following guidance
Sun Communities, Inc. reported its financial results for the fourth quarter and full year of 2023, showing a 7.8% increase in total revenue for the quarter and an 8.6% increase for the full year. The company also provided guidance for 2024 and announced an increase in the annual distribution rate for the year.
These results demonstrate the continued growth and success of Sun Communities, Inc. as it remains committed to delivering value to its shareholders. The increase in total revenue shows the effectiveness of the company's strategies and the strength of its portfolio of properties.
Looking ahead to 2024, Sun Communities, Inc. is optimistic about its prospects and has set a positive outlook f...
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