Last 7 days
-0.7%
Last 30 days
-0.6%
Last 90 days
-4.2%
Trailing 12 Months
-15.5%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-08-30 | Farrugia Marc | sold | -614,792 | 123 | -4,962 | evp & chief admin. officer |
2023-08-22 | Underwood Baxter | bought | 47,972 | 119 | 400 | ceo - safe harbor marinas, llc |
2023-08-14 | Underwood Baxter | bought | 18,538 | 123 | 150 | ceo - safe harbor marinas, llc |
2023-06-29 | Farrugia Marc | gifted | - | - | -435 | evp & chief admin. officer |
2023-05-25 | Underwood Baxter | bought | 50,472 | 126 | 400 | ceo - safe harbor marinas, llc |
2023-05-01 | SHIFFMAN GARY A | gifted | - | - | 21,656 | chairman, president & ceo |
2023-04-24 | Farrugia Marc | sold (taxes) | -13,031 | 138 | -94.00 | evp & chief admin. officer |
2023-04-17 | Farrugia Marc | sold (taxes) | -29,812 | 138 | -216 | evp & chief admin. officer |
2023-04-17 | Thelen Bruce | sold (taxes) | -77,153 | 138 | -559 | evp, coo |
2023-04-17 | Castro-Caratini Fernando | sold (taxes) | -51,895 | 138 | -376 | evp, cfo, sec. & treas. |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-21 | Jefferies Group LLC | new | - | 1,177,370 | 1,177,370 | 0.01% |
2023-09-20 | BARCLAYS PLC | added | 7.15 | -107,000 | 13,544,000 | 0.01% |
2023-09-12 | Farther Finance Advisors, LLC | new | - | 391 | 391 | -% |
2023-09-05 | Covenant Partners, LLC | sold off | -100 | -207,234 | - | -% |
2023-09-01 | Portside Wealth Group, LLC | new | - | 274,621 | 274,621 | 0.05% |
2023-08-24 | Alberta Investment Management Corp | reduced | -1.44 | -918,004 | 9,597,420 | 0.09% |
2023-08-23 | WOLVERINE TRADING, LLC | added | 29.86 | 171,503 | 1,035,500 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | unchanged | - | -301,971 | 3,780,730 | 0.04% |
2023-08-21 | Principal Street Partners, LLC | unchanged | - | -22,017 | 275,662 | 0.07% |
2023-08-21 | BOKF, NA | reduced | -65.6 | -882,747 | 412,645 | 0.01% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Jul 10, 2023 | cohen & steers, inc. | 10.29% | 12,805,838 | SC 13G/A | |
Feb 14, 2023 | cohen & steers, inc. | 8.17% | 10,120,389 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 14.30% | 17,710,919 | SC 13G/A | |
Feb 03, 2023 | blackrock inc. | 8.6% | 10,662,978 | SC 13G/A | |
Feb 14, 2022 | cohen & steers, inc. | 5.46% | 6,526,603 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 13.89% | 16,588,563 | SC 13G/A | |
Feb 01, 2022 | blackrock inc. | 9.1% | 10,530,070 | SC 13G/A | |
Feb 16, 2021 | cohen & steers, inc. | 6.42% | 6,910,632 | SC 13G | |
Feb 10, 2021 | vanguard group inc | 13.49% | 14,513,010 | SC 13G/A | |
Feb 01, 2021 | blackrock inc. | 9.6% | 9,473,372 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 25, 2023 | 144 | Notice of Insider Sale Intent | |
Sep 07, 2023 | 8-K | Current Report | |
Aug 31, 2023 | 4 | Insider Trading | |
Aug 24, 2023 | 4 | Insider Trading | |
Aug 16, 2023 | 4 | Insider Trading | |
Jul 27, 2023 | 10-Q | Quarterly Report | |
Jul 26, 2023 | 8-K | Current Report | |
Jul 10, 2023 | SC 13G/A | Major Ownership Report | |
Jun 29, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PSA | 48.1B | 4.4B | -0.64% | -17.74% | 11.24 | 10.95 | 14.80% | 87.79% |
DLR | 37.0B | 5.1B | -1.87% | 22.34% | 86.44 | 7.21 | 13.73% | -68.04% |
EQR | 22.5B | 2.0B | -7.80% | -13.29% | 26.97 | 11.14 | -22.97% | -33.54% |
ARE | 20.0B | 2.7B | -12.53% | -28.88% | 26.64 | 7.46 | 15.16% | 88.51% |
KIM | 11.0B | 1.8B | -5.65% | -5.95% | 27.11 | 6.23 | 6.75% | -42.80% |
MID-CAP | ||||||||
FRT | 7.5B | 1.1B | -5.34% | 2.13% | 19.42 | 6.8 | 8.31% | 38.10% |
KRG | 4.7B | 820.5M | -1.19% | 22.95% | 168.06 | 5.75 | 29.95% | 125.56% |
VNO | 4.2B | 1.8B | 1.04% | -6.78% | -11.4 | 2.33 | 5.60% | -286.96% |
MAC | 2.4B | 866.2M | 1.72% | 45.08% | -27.77 | 2.8 | 0.51% | -335.26% |
SMALL-CAP | ||||||||
SLG | 2.4B | 882.0M | 3.54% | -3.06% | -5.42 | 2.71 | 11.76% | -239.94% |
SKT | 2.4B | 426.3M | 0.49% | 62.35% | 25.13 | 5.58 | 1.38% | 137.97% |
PGRE | 1.0B | 732.3M | -3.12% | -27.53% | -11.88 | 1.38 | -0.03% | -4012.90% |
AIV | 1.0B | 339.3M | -9.64% | -10.56% | -5.72 | 2.98 | 88.48% | -168.70% |
14.2%
8.5%
6.3%
-3.3%
48.1%
36.5%
4.2%
Y-axis is the maximum loss one would have experienced if Sun Communities was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 10.8% | 506 | 456 | 354 | 2,838 | 2,590 | 2,379 | 2,273 | 2,114 | 1,831 | 1,530 | 1,398 | 1,316 | 1,278 | 1,287 | 1,264 | 1,236 | 1,197 | 1,156 | 1,127 | 1,095 | 1,040 |
Costs and Expenses | 2.4% | 2,858 | 2,792 | 2,661 | 2,515 | 2,289 | 2,092 | 1,988 | 1,859 | 1,642 | 1,408 | 1,263 | 1,164 | 1,149 | 1,146 | 1,125 | 1,088 | 1,055 | 1,028 | 997 | 975 | 945 |
S&GA Expenses | 0.0% | 265 | 265 | 257 | 242 | 216 | 199 | 181 | 157 | 141 | 122 | 110 | 161 | 138 | 115 | 93.00 | 15.00 | 15.00 | 16.00 | 16.00 | 14.00 | 14.00 |
EBITDA | - | - | - | 1,157 | 1,122 | 1,052 | 999 | 966 | 902 | 787 | 669 | 635 | 622 | 589 | 593 | 587 | 580 | - | - | - | - | - |
EBITDA Margin | - | - | - | 0.39* | 0.40* | 0.41* | 0.42* | 0.43* | 0.43* | 0.43* | 0.44* | 0.45* | 0.47* | 0.46* | 0.46* | 0.46* | 0.47* | - | - | - | - | - |
Interest Expenses | 9.2% | 285 | 261 | 230 | 205 | 182 | 164 | 159 | 151 | 142 | 136 | 129 | 127 | 129 | 132 | 133 | 132 | 134 | 132 | 131 | 130 | 128 |
Earnings Before Taxes | - | - | - | - | 323 | 300 | 288 | 285 | 255 | 188 | 122 | 135 | 152 | 128 | 141 | 139 | 148 | 142 | 128 | 130 | 120 | 95.00 |
EBT Margin | - | - | - | 0.11* | 0.12* | 0.12* | 0.12* | 0.13* | 0.12* | 0.10* | 0.08* | 0.10* | 0.11* | 0.10* | 0.11* | 0.11* | 0.12* | - | - | - | - | - |
Net Income | 6.8% | 249 | 233 | 264 | 284 | 353 | 390 | 414 | 375 | 224 | 173 | 132 | 153 | 128 | 110 | 160 | 141 | 130 | 110 | 105 | 104 | 82.00 |
Net Income Margin | -100.0% | - | 0.51* | 0.75* | 0.10* | 0.14* | 0.16* | 0.18* | 0.18* | 0.12* | 0.11* | 0.10* | 0.12* | 0.10* | 0.09* | 0.13* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 704 | 735 | 752 | 780 | 759 | 754 | 741 | 718 | 651 | 549 | 543 | 519 | 492 | 477 | 460 | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 1.1% | 17,561 | 17,364 | 17,084 | 16,485 | 16,398 | 13,914 | 13,494 | 12,583 | 12,041 | 11,454 | 11,207 | 8,336 | 8,349 | 8,209 | 7,802 | 7,802 | 7,222 | 7,099 | 6,710 | 6,654 | 6,492 |
Cash Equivalents | -8.2% | 69.00 | 75.00 | 90.00 | 112 | 185 | 103 | 78.00 | 86.00 | 120 | 120 | 93.00 | 116 | 389 | 395 | 35.00 | 42.00 | 46.00 | 34.00 | 62.00 | 114 | 20.00 |
Goodwill | 1.1% | 1,104 | 1,093 | 1,018 | 982 | - | - | 495 | 462 | 448 | 439 | 429 | - | - | - | - | - | - | - | - | - | - |
Liabilities | 1.9% | 9,475 | 9,295 | 8,993 | 8,355 | 8,566 | 6,981 | 6,475 | 5,488 | 5,100 | 5,102 | 5,315 | 3,792 | 3,845 | 4,346 | 3,848 | 3,721 | 3,542 | 3,846 | 3,479 | 3,367 | 3,737 |
Shareholder's Equity | 0.2% | 7,708 | 7,690 | 7,810 | 7,839 | 7,447 | 6,542 | 6,624 | 6,698 | 6,555 | 5,992 | 5,627 | 4,431 | 4,419 | 3,786 | 3,876 | 3,557 | 3,565 | 3,137 | 3,167 | 3,223 | 2,692 |
Additional Paid-In Capital | 0.1% | 9,568 | 9,556 | 9,550 | 9,536 | 9,159 | 8,169 | 8,176 | 8,170 | 8,163 | 7,618 | 7,088 | 5,851 | 5,848 | 5,212 | 5,213 | 4,855 | 4,851 | 4,399 | 4,399 | 4,396 | 3,854 |
Shares Outstanding | 0% | 124 | 124 | 124 | 124 | 120 | 115 | 116 | 115 | 112 | 108 | 108 | 98.00 | 96.00 | 92.00 | 93.00 | 90.00 | 87.00 | 86.00 | 86.00 | 82.00 | 80.00 |
Minority Interest | 0.8% | 80.00 | 80.00 | 79.00 | 84.00 | 91.00 | 108 | 107 | 105 | 101 | 99.00 | 102 | 72.00 | 72.00 | 62.00 | 56.00 | 57.00 | 58.00 | 58.00 | 60.00 | 64.00 | 63.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -7.2% | 653 | 704 | 735 | 752 | 815 | 759 | 754 | 735 | 712 | 645 | 543 | 543 | 519 | 492 | 477 | 460 | 424 | 385 | 363 | 333 | 300 |
Share Based Compensation | - | - | - | 38.00 | - | - | - | 28.00 | - | - | - | 23.00 | - | - | - | 17.00 | - | - | - | 15.00 | - | - |
Cashflow From Investing | 59.7% | -1,168 | -2,900 | -3,062 | -3,715 | -3,948 | -2,536 | -2,338 | -3,183 | -2,983 | -2,603 | -2,486 | -876 | -808 | -787 | -1,010 | -987 | -896 | -1,057 | -733 | -679 | -642 |
Cashflow From Financing | -81.6% | 401 | 2,177 | 2,349 | 3,001 | 3,206 | 1,760 | 1,570 | 2,419 | 2,002 | 1,683 | 2,001 | 408 | 633 | 656 | 506 | 440 | 482 | 679 | 410 | 318 | 117 |
Buy Backs | -Infinity% | -0.40 | - | - | - | 1,869 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Consolidated Statements Of Operations - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenues | ||||
Real property | $ 526.2 | $ 488.1 | $ 967.6 | $ 875.9 |
Home sales | 122.6 | 142.7 | 208.9 | 207.4 |
Service, retail, dining and entertainment | 190.9 | 167.6 | 293.5 | 248.8 |
Interest | 14.0 | 7.3 | 25.4 | 14.1 |
Brokerage commissions and other, net | 9.8 | 8.6 | 19.3 | 16.6 |
Total Revenues | 863.5 | 814.3 | 1,514.7 | 1,362.8 |
Expenses | ||||
Property operating and maintenance | 178.6 | 160.4 | 335.2 | 284.5 |
Real estate tax | 30.0 | 27.7 | 60.1 | 53.8 |
Home costs and selling | 81.2 | 92.9 | 144.4 | 138.8 |
Service, retail, dining and entertainment | 171.7 | 142.7 | 271.7 | 218.4 |
General and administrative | 62.3 | 62.2 | 126.2 | 117.9 |
Catastrophic event-related charges, net | 0.1 | 0.1 | 0.9 | 0.1 |
Business combinations | 0.2 | 15.0 | 3.0 | 15.5 |
Depreciation and amortization | 164.1 | 150.1 | 319.7 | 298.0 |
Asset impairments | 6.5 | 0.1 | 8.9 | 0.7 |
Loss on extinguishment of debt | 0.0 | 0.1 | 0.0 | 0.4 |
Interest | 79.2 | 55.3 | 155.8 | 100.5 |
Interest on mandatorily redeemable preferred OP units / equity | 0.9 | 1.1 | 1.9 | 2.1 |
Total Expenses | 774.6 | 707.7 | 1,427.8 | 1,230.7 |
Income Before Other Items | 88.9 | 106.6 | 86.9 | 132.1 |
Gain / (loss) on remeasurement of marketable securities | 5.8 | (32.3) | (14.1) | (66.8) |
Gain on foreign currency exchanges | 2.7 | 9.0 | 0.0 | 6.8 |
Gain / (loss) on dispositions of properties | (0.6) | (0.1) | (2.2) | 13.3 |
Other income / (expense), net | (0.8) | 0.4 | (1.8) | (0.2) |
Gain / (loss) on dispositions of properties | (0.1) | 0.0 | (1.8) | 0.2 |
Income / (loss) from nonconsolidated affiliates | (0.7) | 0.9 | (0.9) | 1.8 |
Gain on remeasurement of investment in nonconsolidated affiliates | 0.0 | 0.4 | (4.5) | 0.5 |
Current tax expense | (5.4) | (3.9) | (9.3) | (5.2) |
Deferred tax benefit | 7.7 | 0.3 | 12.3 | 0.3 |
Net Income | 97.5 | 81.3 | 64.6 | 82.8 |
Less: Preferred return to preferred OP units / equity interests | 3.3 | 3.1 | 5.7 | 6.1 |
Less: Income / (loss) attributable to noncontrolling interests | 4.4 | 4.2 | (0.8) | 2.0 |
Net Income Attributable to SUI Common Shareholders | $ 89.8 | $ 74.0 | $ 59.7 | $ 74.7 |
Weighted average common shares outstanding: | ||||
Weighted average common shares outstanding - basic (in shares) | 123.4 | 120.0 | 123.4 | 117.6 |
Diluted weighted average common shares outstanding - diluted (in shares) | 123.4 | 120.0 | 123.4 | 120.4 |
Earnings per share: | ||||
Basic earning per share (in dollars per share) | $ 0.72 | $ 0.61 | $ 0.48 | $ 0.63 |
Diluted earning per share (in dollars per share) | $ 0.72 | $ 0.61 | $ 0.48 | $ 0.63 |
Consolidated Balance Sheets - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Land | $ 4,039.5 | $ 4,322.3 |
Land improvements and buildings | 11,323.5 | 10,903.4 |
Rental homes and improvements | 694.1 | 645.2 |
Furniture, fixtures and equipment | 941.8 | 839.0 |
Investment property | 16,998.9 | 16,709.9 |
Accumulated depreciation | (3,011.4) | (2,738.9) |
Investment property, net | 13,987.5 | 13,971.0 |
Cash, cash equivalents and restricted cash | 68.7 | 90.4 |
Marketable securities | 110.4 | 127.3 |
Inventory of manufactured homes | 236.6 | 202.7 |
Notes and other receivables, net | 733.3 | 617.3 |
Goodwill | 1,104.2 | 1,018.4 |
Other intangible assets, net | 385.4 | 402.0 |
Other assets, net | 935.3 | 655.1 |
Total Assets | 17,561.4 | 17,084.2 |
Liabilities | ||
Secured debt | 3,373.0 | 3,217.8 |
Unsecured debt | 4,241.0 | 3,979.4 |
Distributions payable | 118.0 | 111.3 |
Advanced reservation deposits and rent | 430.9 | 352.1 |
Accrued expenses and accounts payable | 353.6 | 396.3 |
Other liabilities | 958.3 | 935.9 |
Total Liabilities | 9,474.8 | 8,992.8 |
Temporary equity | 298.1 | 202.9 |
Shareholders' Equity | ||
Common stock, $0.01 par value. Authorized: 360.0 shares; Issued and outstanding: 124.4 at June 30, 2023 and 124.0 at December 31, 2022 | 1.2 | 1.2 |
Additional paid-in capital | 9,567.5 | 9,549.7 |
Accumulated other comprehensive income / (loss) | 37.6 | (9.9) |
Distributions in excess of accumulated earnings | (1,898.2) | (1,731.2) |
Total SUI shareholders' equity | 7,708.1 | 7,809.8 |
Noncontrolling interests | ||
Common and preferred OP units | 80.4 | 78.7 |
Total noncontrolling interests | 80.4 | 78.7 |
Total Shareholders' Equity | 7,788.5 | 7,888.5 |
Total Liabilities, Temporary Equity and Shareholders' Equity | $ 17,561.4 | $ 17,084.2 |