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Sun Communities Inc Stock Research

SUI

121.07USD-2.20(-1.78%)Market Closed
Watchlist

Market Summary

USD121.07-2.20
Market Closed
-1.78%

SUI Alerts

SUI Stock Price

SUI RSI Chart

SUI Valuation

Market Cap

15.3B

Price/Earnings (Trailing)

61.64

Price/Sales (Trailing)

30.34

EV/EBITDA

14.71

Price/Free Cashflow

23.49

SUI Price/Sales (Trailing)

SUI Profitability

EBT Margin

10.86%

Return on Equity

3.03%

Return on Assets

1.34%

Free Cashflow Yield

4.26%

SUI Fundamentals

SUI Revenue

Revenue (TTM)

505.5M

Revenue Y/Y

6.04%

Revenue Q/Q

32.6%

SUI Earnings

Earnings (TTM)

248.8M

Earnings Y/Y

21.35%

Earnings Q/Q

398.34%

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

Shares Dilution (1Y)

3.67%

Diluted EPS (TTM)

1.83

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for SUI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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.

1–10 of 50

Which funds bought or sold SUI recently?

View All Details
Datesorted ascendingFund NameType% 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%

1–10 of 46

Latest Funds Activity

Are funds buying SUI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SUI
No. of Funds

Schedule 13G FIlings of Sun Communities

Date FiledName of FilerPercent of ClassNo. of SharesForm 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
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
48.1B
4.4B
-0.64% -17.74%
11.24
10.95
14.80% 87.79%
37.0B
5.1B
-1.87% 22.34%
86.44
7.21
13.73% -68.04%
22.5B
2.0B
-7.80% -13.29%
26.97
11.14
-22.97% -33.54%
20.0B
2.7B
-12.53% -28.88%
26.64
7.46
15.16% 88.51%
11.0B
1.8B
-5.65% -5.95%
27.11
6.23
6.75% -42.80%
MID-CAP
7.5B
1.1B
-5.34% 2.13%
19.42
6.8
8.31% 38.10%
4.7B
820.5M
-1.19% 22.95%
168.06
5.75
29.95% 125.56%
4.2B
1.8B
1.04% -6.78%
-11.4
2.33
5.60% -286.96%
2.4B
866.2M
1.72% 45.08%
-27.77
2.8
0.51% -335.26%
SMALL-CAP
2.4B
882.0M
3.54% -3.06%
-5.42
2.71
11.76% -239.94%
2.4B
426.3M
0.49% 62.35%
25.13
5.58
1.38% 137.97%
1.0B
732.3M
-3.12% -27.53%
-11.88
1.38
-0.03% -4012.90%
1.0B
339.3M
-9.64% -10.56%
-5.72
2.98
88.48% -168.70%

Sun Communities News

Nasdaq
Ex-Dividend Reminder: Kilroy Realty, Sun Communities and Claros ....
Nasdaq,
5 hours ago
Marketscreener.com
Seeking Alpha
StreetInsider.com
Form N-PX DELAWARE INVESTMENTS For: Jun 30.
StreetInsider.com,
26 days ago
StreetInsider.com
Seeking Alpha
Seeking Alpha

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)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue10.8%5064563542,8382,5902,3792,2732,1141,8311,5301,3981,3161,2781,2871,2641,2361,1971,1561,1271,0951,040
Costs and Expenses2.4%2,8582,7922,6612,5152,2892,0921,9881,8591,6421,4081,2631,1641,1491,1461,1251,0881,0551,028997975945
  S&GA Expenses0.0%26526525724221619918115714112211016113811593.0015.0015.0016.0016.0014.0014.00
EBITDA---1,1571,1221,052999966902787669635622589593587580-----
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 Expenses9.2%285261230205182164159151142136129127129132133132134132131130128
Earnings Before Taxes----32330028828525518812213515212814113914814212813012095.00
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 Income6.8%24923326428435339041437522417313215312811016014113011010510482.00
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%-704735752780759754741718651549543519492477460-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets1.1%17,56117,36417,08416,48516,39813,91413,49412,58312,04111,45411,2078,3368,3498,2097,8027,8027,2227,0996,7106,6546,492
    Cash Equivalents-8.2%69.0075.0090.0011218510378.0086.0012012093.0011638939535.0042.0046.0034.0062.0011420.00
  Goodwill1.1%1,1041,0931,018982--495462448439429----------
Liabilities1.9%9,4759,2958,9938,3558,5666,9816,4755,4885,1005,1025,3153,7923,8454,3463,8483,7213,5423,8463,4793,3673,737
Shareholder's Equity0.2%7,7087,6907,8107,8397,4476,5426,6246,6986,5555,9925,6274,4314,4193,7863,8763,5573,5653,1373,1673,2232,692
  Additional Paid-In Capital0.1%9,5689,5569,5509,5369,1598,1698,1768,1708,1637,6187,0885,8515,8485,2125,2134,8554,8514,3994,3994,3963,854
Shares Outstanding0%12412412412412011511611511210810898.0096.0092.0093.0090.0087.0086.0086.0082.0080.00
Minority Interest0.8%80.0080.0079.0084.0091.0010810710510199.0010272.0072.0062.0056.0057.0058.0058.0060.0064.0063.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-7.2%653704735752815759754735712645543543519492477460424385363333300
  Share Based Compensation---38.00---28.00---23.00---17.00---15.00--
Cashflow From Investing59.7%-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%4012,1772,3493,0013,2061,7601,5702,4192,0021,6832,001408633656506440482679410318117
  Buy Backs-Infinity%-0.40---1,869----------------

SUI Income Statement

2023-06-30
Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 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 sales122.6142.7208.9207.4
Service, retail, dining and entertainment190.9167.6293.5248.8
Interest14.07.325.414.1
Brokerage commissions and other, net9.88.619.316.6
Total Revenues863.5814.31,514.71,362.8
Expenses    
Property operating and maintenance178.6160.4335.2284.5
Real estate tax30.027.760.153.8
Home costs and selling81.292.9144.4138.8
Service, retail, dining and entertainment171.7142.7271.7218.4
General and administrative62.362.2126.2117.9
Catastrophic event-related charges, net0.10.10.90.1
Business combinations0.215.03.015.5
Depreciation and amortization164.1150.1319.7298.0
Asset impairments6.50.18.90.7
Loss on extinguishment of debt0.00.10.00.4
Interest79.255.3155.8100.5
Interest on mandatorily redeemable preferred OP units / equity0.91.11.92.1
Total Expenses774.6707.71,427.81,230.7
Income Before Other Items88.9106.686.9132.1
Gain / (loss) on remeasurement of marketable securities5.8(32.3)(14.1)(66.8)
Gain on foreign currency exchanges2.79.00.06.8
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 affiliates0.00.4(4.5)0.5
Current tax expense(5.4)(3.9)(9.3)(5.2)
Deferred tax benefit7.70.312.30.3
Net Income97.581.364.682.8
Less: Preferred return to preferred OP units / equity interests3.33.15.76.1
Less: Income / (loss) attributable to noncontrolling interests4.44.2(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)123.4120.0123.4117.6
Diluted weighted average common shares outstanding - diluted (in shares)123.4120.0123.4120.4
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

2023-06-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Assets  
Land$ 4,039.5$ 4,322.3
Land improvements and buildings11,323.510,903.4
Rental homes and improvements694.1645.2
Furniture, fixtures and equipment941.8839.0
Investment property16,998.916,709.9
Accumulated depreciation(3,011.4)(2,738.9)
Investment property, net13,987.513,971.0
Cash, cash equivalents and restricted cash68.790.4
Marketable securities110.4127.3
Inventory of manufactured homes236.6202.7
Notes and other receivables, net733.3617.3
Goodwill1,104.21,018.4
Other intangible assets, net385.4402.0
Other assets, net935.3655.1
Total Assets17,561.417,084.2
Liabilities  
Secured debt3,373.03,217.8
Unsecured debt4,241.03,979.4
Distributions payable118.0111.3
Advanced reservation deposits and rent430.9352.1
Accrued expenses and accounts payable353.6396.3
Other liabilities958.3935.9
Total Liabilities9,474.88,992.8
Temporary equity298.1202.9
Shareholders' Equity  
Common stock, $0.01 par value. Authorized: 360.0 shares; Issued and outstanding: 124.4 at June 30, 2023 and 124.0 at December 31, 20221.21.2
Additional paid-in capital9,567.59,549.7
Accumulated other comprehensive income / (loss)37.6(9.9)
Distributions in excess of accumulated earnings(1,898.2)(1,731.2)
Total SUI shareholders' equity7,708.17,809.8
Noncontrolling interests  
Common and preferred OP units80.478.7
Total noncontrolling interests80.478.7
Total Shareholders' Equity7,788.57,888.5
Total Liabilities, Temporary Equity and Shareholders' Equity$ 17,561.4$ 17,084.2
Gary A. Shiffman
5960
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.