Market Summary
USD121.07-2.20
Market Closed-1.78%
SUI Stock Price
SUI RSI Chart
SUI Valuation
SUI Price/Sales (Trailing)
SUI Profitability
SUI Fundamentals
SUI Revenue
SUI Earnings
Price Action
52 Week Range
117.63163.83
(Low)(High)
Last 7 days
-0.7%
Last 30 days
-0.6%
Last 90 days
-4.2%
Trailing 12 Months
-15.5%
SUI Financial Health
SUI Investor Care
Historical Charts for Stock Metrics
Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
Get all data in R, Python etc through our Historical Stock Data APIs
Latest Insider Trading transactions for SUI
Filter Transactions| 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. |
Which funds bought or sold SUI recently?
View All Details| 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% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Sun Communities
| 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 |
Recent SEC filings of Sun Communities
View All Filings| 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 |
Peers (Alternatives to Sun Communities)
View All Peers In Detail| 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% |
Sun Communities News
Returns for SUI
Cumulative Returns on SUI
14.2%
10-Year Cumulative Returns
8.5%
7-Year Cumulative Returns
6.3%
5-Year Cumulative Returns
-3.3%
3-Year Cumulative Returns
Risks for SUI
What is the probability of a big loss on SUI?
48.1%
Probability that Sun Communities stock will be more than 20% underwater in next one year
36.5%
Probability that Sun Communities stock will be more than 30% underwater in next one year.
4.2%
Probability that Sun Communities stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does SUI drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Sun Communities was unfortunately bought at previous high price.
Drawdowns
Financials for Sun Communities
Income Statement (Last 12 Months)(In Millions)
| 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)
| 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)
| 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
SUI Income Statement
2023-06-30Consolidated 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 |
SUI Balance Sheet
2023-06-30Consolidated 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 |
Sun Communities, Inc. is a REIT that, as of September 30, 2020, owned, operated, or had an interest in a portfolio of 432 communities comprising nearly 146,000 developed sites in 32 states and Ontario, Canada.