More and more people are talking about Sun Communities over the last few weeks. Is it worth buying the Specialty Real Estate Investment Trust stock at a price of $114.72? Only time will tell. The information below will give you a basic idea of what this investment may entail:
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Sun Communities has moved -20.0% over the last year, and the S&P 500 logged a change of 12.0%
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SUI has an average analyst rating of buy and is -15.93% away from its mean target price of $136.46 per share
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Its trailing earnings per share (EPS) is $1.81
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Sun Communities has a trailing 12 month Price to Earnings (P/E) ratio of 63.4 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $2.65 and its forward P/E ratio is 43.3
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The company has a Price to Book (P/B) ratio of 1.84 in contrast to the S&P 500's average ratio of 2.95
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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
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SUI has reported YOY quarterly earnings growth of -0.7% and gross profit margins of 0.5%
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The company has a free cash flow of $407.66 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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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 September 30, 2023, the Company owned, operated, or had an interest in a portfolio of 670 developed MH, RV and Marina properties comprising approximately 180,170 developed sites and approximately 48,030 wet slips and dry storage spaces in the U.S., the UK and Canada.
