Why Are People Talking About Investing in SUI?

By Kim Brooks • Tuesday, October 10 16:15 • Permanent Link

Sun Communities sank -3.3% today, compared to the S&P 500's day change of 1.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

Sun Communities has moved -10.0% over the last year, and the S&P 500 logged a change of 22.0%
SUI has an average analyst rating of buy and is -22.42% away from its mean target price of $146.08 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 61.3 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $2.62 and its forward P/E ratio is 43.3
The company has a Price to Book (P/B) ratio of 1.83 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
SUI has reported YOY quarterly earnings growth of 18.0% and gross profit margins of 0.5%
The company has a free cash flow of $666.11 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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.