Shares of Sun Communities have moved -1.5% today, and are now trading at a price of $127.23. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 897,208 compared to the stock's average volume of 821,724.
Established in 1975, Sun Communities, Inc. became a publicly owned corporation in December 1993. Based in Southfield, United States the company has 7,199 full time employees and a market cap of $16,507,977,728. Sun Communities currently offers its equity investors a dividend that yields 2.8% per year.
The company is now trading -11.55% away from its average analyst target price of $143.85 per share. The 13 analysts following the stock have set target prices ranging from $116.0 to $161.0, and on average give Sun Communities a rating of buy.
Over the last 12 months SUI shares have declined by -12.7%, which represents a difference of -33.1% when compared to the S&P 500. The stock's 52 week high is $163.83 per share and its 52 week low is $102.74. With its net margins declining an average -4.0% over the last 6 years, Sun Communities declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 3,172,200 | 249,000 | 8 | -11.11 |
| 2022 | 2,969,700 | 263,800 | 9 | -50.0 |
| 2021 | 2,272,600 | 413,800 | 18 | 100.0 |
| 2020 | 1,398,300 | 131,614 | 9 | -30.77 |
| 2019 | 1,264,037 | 161,553 | 13 | 30.0 |
| 2018 | 1,126,825 | 107,229 | 10 |
