What Are the Fundamentals of Sun Communities (SUI)?

Join us for a quick overview of Sun Communities, a Specialty Real Estate Investment Trust company whose shares moved -0.3% today. Here are some facts about the stock that should help you see the bigger picture:

  • Sun Communities has moved -19.0% over the last year, and the S&P 500 logged a change of 13.0%

  • SUI has an average analyst rating of buy and is -14.15% away from its mean target price of $151.33 per share

  • Its trailing earnings per share (EPS) is $1.85

  • Sun Communities has a trailing 12 month Price to Earnings (P/E) ratio of 70.2 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $2.8 and its forward P/E ratio is 46.4

  • The company has a Price to Book (P/B) ratio of 2.06 in contrast to the S&P 500's average ratio of 2.95

  • Sun Communities is part of the Real Estate sector, which has an average P/E ratio of 24.81 and an average P/B of 2.24

  • Established in 1975, Sun Communities, Inc. became a publicly owned corporation in December 1993. The Company is a fully integrated REIT listed on the New York Stock Exchange under the symbol: SUI. As of June 30, 2023, the Company owned, operated, or had an interest in a portfolio of 671 developed MH, RV and Marina properties comprising approximately 180,060 developed sites and approximately 48,180 wet slips and dry storage spaces in the U.S., the UK and Canada.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.