Grufity logoGrufity logo

SUI

141.86USD+0.65(+0.46%)Market Closed

Sun Communities Inc

Market Summary

USD141.86+0.65Market Closed
0.46%

SUI Alerts

SUI Stock Price

RSI Chart

Valuation

Market Cap

16.5B

Price/Earnings

58.25

Price/Sales

5.82

Price/Cashflow

21.97

MarketCap/EBT

51.23

Price/Sales

Profitability

EBT Margin

11.37%

Return on Equity

3.62%

Return on Assets

1.72%

Fundamentals

Revenue

Revenue (TTM)

2.8B

Revenue Y/Y

36.29%

Revenue Q/Q

14.53%

Earnings

Earnings (TTM)

283.7M

Earnings Y/Y

-29.84%

Earnings Q/Q

119.73%

Price Action

52 Week Range

117.63208.30
(Low)(High)

Last 7 days

-2.5%

Last 30 days

8.8%

Last 90 days

-10.6%

Trailing 12 Months

-27.5%

Financial Health

Debt/Equity

8e-4

Debt/Cashflow

136.8

Investor Care

Dividend Yield

2.72%

Dividend/Share (TTM)

3.28

Shares Dilution (1Y)

6.83%

Diluted EPS (TTM)

2.03

Peers (Alternatives to Sun Communities)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
54.7B
3.8B
4.05% -9.82%
24.01
14.3
23.77% 170.44%
36.1B
5.2B
2.33% -19.47%
14.04
7.05
10.93% 41.97%
29.1B
4.5B
11.66% -32.89%
21.77
6.46
5.62% 106.20%
23.9B
-
0.40% -26.92%
44.1
9.58
24.72% -42.18%
23.7B
2.7B
0.72% -26.09%
20.74
8.86
60.22% 8.14%
13.1B
1.7B
3.13% -3.30%
50.71
7.62
40.37% -73.28%
MID-CAP
7.3B
1.0B
1.56% -14.60%
26.1
7.17
14.39% 59.45%
4.6B
392.5M
-4.84% -43.84%
22.95
13.26
-74.80% 441.99%
4.3B
760.3M
4.55% 7.71%
-39.09
6.74
172.75% -1136.68%
2.5B
796.4M
-8.04% -48.19%
8.02
3.21
-9.94% -109.68%
2.4B
861.8M
3.76% -30.83%
63.8
2.74
9.59% 46.68%
2.1B
-
0.33% 22.89%
32.23
11.01
- -
SMALL-CAP
1.9B
432.4M
1.02% -4.14%
23.11
4.36
3.91% 1705.32%
1.5B
740.6M
-14.57% -34.08%
538.82
1.96
2.16% 107.41%
1.2B
195.1M
7.32% 4.54%
5
3.44
20.60% 695.00%

Financials for Sun Communities

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue9.6%2,8382,5902,3792,2732,114
  S&GA Expenses8.5%216199181131
Earnings Before Taxes7.5%323300288285256
Net Income-19.6%284353390414375
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.5%16,48516,39813,91413,49412,583
    Cash Equivalents-39.4%1121851037886
  Goodwill2.9%982954513429462
Liabilities-2.5%8,3558,5666,9816,4755,488
  Long Term Debt-97.4%6218---
Shareholder's Equity5.3%7,8397,4476,5426,6246,698
  Additional Paid-In Capital4.1%9,5369,1598,1698,1768,170
Shares Outstanding1.8%124122116116116
Minority Interest-7.2%8491108107105
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-3.5%752780759754741
  Share Based Compensation-28
Cashflow From Investing5.9%-3,715.90-3,948.55-2,536.55-2,338.25-3,183.96
Cashflow From Financing-7.4%3,0013,2411,7601,5702,419

Risks

What is the probability of a big loss on SUI?

31.9%


Probability that Sun Communities stock will be more than 20% underwater in next one year

23.5%


Probability that Sun Communities stock will be more than 30% underwater in next one year.

3.5%


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.

Returns

Cumulative Returns on SUI

17.5%


10-Year Cumulative Returns

14.2%


7-Year Cumulative Returns

10.8%


5-Year Cumulative Returns

-1.8%


3-Year Cumulative Returns

What are the long-term rolling returns for SUI?

FIve years rolling returns for Sun Communities.

Which funds bought or sold SUI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Aurora Investment Counsel
REDUCED
-47.67
-1,819,000
1,337,000
1.01%
2022-11-23
Toroso Investments, LLC
ADDED
8.27
-86,000
985,000
0.04%
2022-11-23
Eagle Bay Advisors LLC
ADDED
2.35
-4,017
23,000
0.01%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
16.64
-2,000
235,000
0.01%
2022-11-22
CVA Family Office, LLC
-
-
26,000
32,000
0.01%
2022-11-21
Integrated Investment Consultants, LLC
-
-
-326,000
1,905,000
0.76%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-5,793,000
26,922,000
0.04%
2022-11-21
17 CAPITAL PARTNERS, LLC
-
-
-556,000
-
-%
2022-11-21
FourThought Financial, LLC
-
-
-11,000
79,000
0.01%
2022-11-18
National Pension Service
REDUCED
-2.18
-4,281,000
19,914,000
0.04%

1–10 of 46

Latest Funds Activity

Are funds buying SUI calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own SUI

Sun Communities News

Yahoo Finance

Corporate landlords are gobbling up mobile home parks and rapidly driving up rents — here’s why the space is so attractive to them.2 days ago

GuruFocus.com

SUI Fair Value

Recent SEC filings of Sun Communities

View All Filings
Date Filed Form Type Document
Nov 29, 2022
4
Insider Trading
Nov 14, 2022
8-K
Current Report
Nov 02, 2022
4
Insider Trading
Oct 25, 2022
10-Q
Quarterly Report
Oct 24, 2022
8-K
Current Report
Oct 19, 2022
4
Insider Trading
Oct 04, 2022
8-K
Current Report
Sep 08, 2022
8-K
Current Report
Sep 07, 2022
8-K
Current Report

Latest Insider Trading transactions for SUI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-28
Castro-Caratini Fernando
SOLD FOR TAXES
-13,160.9
140.01
-94
EVP, CFO, Sec. & Treas.
2022-10-31
Underwood Baxter
SOLD FOR TAXES
-635,009
134.85
-4,709
CEO - Safe Harbor Marinas, LLC
2022-10-18
Weiss Aaron
SOLD FOR TAXES
-116,306
125.6
-926
EVP, Corp. Strat. & Bus. Dev.
2022-08-09
Thelen Bruce
SOLD
-1,139,940
165.4
-6,892
EVP
2022-07-18
Dearing Karen
SOLD (Taxes)
-159,170
159.17
-1,000
EVP - Special Projects
2022-06-30
SHIFFMAN GARY A
SOLD (Taxes)
-17,370.2
159.36
-109
Chairman & CEO
2022-06-30
Dearing Karen
SOLD (Taxes)
-199,200
159.36
-1,250
EVP - Special Projects
2022-06-30
McLaren John Bandini
SOLD (Taxes)
-74,261.8
159.36
-466
Pres & COO
2022-06-15
LEWIS CLUNET R
SOLD
-674,926
153.392
-4,400
-
2022-05-19
McLaren John Bandini
SOLD (Taxes)
-89,703.7
154.13
-582
Pres & COO

1–10 of 50

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.

SUI Income Statement

2022-09-30
Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
REVENUES    
Real property$ 585.7$ 478.1$ 1,461.6$ 1,213.9
Home sales150.781.1358.1215.1
Service, retail, dining and entertainment174.2113.7423.0271.5
Interest11.22.625.38.0
Brokerage commissions and other, net10.88.827.421.7
Total Revenues932.6684.32,295.41,730.2
Expenses    
Property operating and maintenance184.7150.8469.2375.2
Real estate tax29.424.883.270.4
Home costs and selling96.456.5235.2156.9
Service, retail, dining and entertainment144.994.5363.3227.6
General and administrative69.143.2187.0126.7
Catastrophic event-related charges, net12.20.312.33.1
Business combinations8.40.023.91.0
Depreciation and amortization151.3127.1450.0378.1
Loss on extinguishment of debt (see Note 8)4.00.04.48.1
Interest61.739.0162.2116.2
Interest on mandatorily redeemable preferred OP units / equity1.01.13.13.1
Total Expenses763.1537.31,993.81,466.4
Income Before Other Items169.5147.0301.6263.8
Remeasurement Of Marketable Securities(7.2)12.0(74.0)43.2
Gain / (loss) on foreign currency exchanges14.9(7.0)21.7(7.1)
Gain / (loss) on dispositions of properties(0.8)108.112.5108.1
Other income / (expense), net2.8(9.3)2.6(10.0)
Gain / (loss) on remeasurement of notes receivable (see Note 4)(0.1)0.10.10.6
Distributions from Affiliate2.00.93.82.9
Loss on Remeasurement of Investment(0.4)(0.1)0.1(0.1)
Current tax expense (see Note 12)(7.3)(0.4)(12.5)(1.4)
Deferred Income Tax Expense (Benefit)3.6(1.2)3.9(1.1)
Net Income177.0250.1259.8398.9
Less: Preferred return to preferred OP units / equity interests2.53.18.69.0
Less: Income attributable to noncontrolling interests11.915.313.922.6
Net income / (loss)$ 162.6$ 231.7$ 237.3$ 367.3
Weighted average common shares outstanding:    
Weighted average common shares outstanding - basic122.4115.1119.2111.7
Weighted Average Number of Shares Outstanding, Diluted122.8118.1121.9114.3
Earnings per share:    
Earnings Per Share, Basic$ 1.32$ 2.00$ 1.98$ 3.27
Earnings Per Share, Diluted$ 1.32$ 2.00$ 1.97$ 3.27

SUI Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Assets  
Land$ 4,173.1$ 2,556.3
Land improvements and buildings10,632.69,958.3
Rental homes and improvements604.4591.7
Furniture, fixtures and equipment813.8656.4
Investment property16,223.913,762.7
Accumulated depreciation(2,611.8)(2,337.2)
Investment property, net (see Note 7 at VIEs)13,612.111,425.5
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents112.078.2
Marketable securities100.4186.9
Inventory of manufactured homes153.551.1
Notes and other receivables, net511.0469.6
Goodwill981.5495.4
Intangible Assets, Net (Excluding Goodwill)403.2306.8
Other assets, net (see Note 7 at VIEs)610.9480.6
Total Assets16,484.613,494.1
Liabilities  
Secured debt (see Note 8; Note 7 at VIEs)3,006.03,380.7
Unsecured debt (see Note 8; Note 7 at VIEs)3,705.02,291.1
Accounts Payable and Accrued Liabilities392.8237.5
Distributions payable111.298.4
Contract with Customer, Liability294.2242.8
Other liabilities (see Note 7 at VIEs)845.4224.1
Total Liabilities8,354.66,474.6
Temporary equity (see Note 9; Note 7 at VIEs)206.8288.9
Shareholders' Equity  
Common stock, $0.01 par value. Authorized: 180.0 shares; Issued and outstanding: 123.9 at September 30, 2022 and 116.0 at December 31, 20211.21.2
Additional paid-in capital9,536.48,175.6
Accumulated other comprehensive income / (loss)(69.9)3.1
Distributions in excess of accumulated earnings(1,628.9)(1,556.0)
Total SUI shareholders' equity7,838.86,623.9
Noncontrolling interests  
Common and preferred OP units83.886.8
Consolidated entities (see Note 7 at VIEs)0.619.9
Total noncontrolling interests84.4106.7
Total Shareholders' Equity7,923.26,730.6
Total Liabilities, Temporary Equity and Shareholders' Equity$ 16,484.6$ 13,494.1