Understanding Sun Communities Stock – A Fundamental Analysis

By Naomi Wentworth • Saturday, September 07 07:51 • Permanent Link

Sun Communities logged a 2.7% change during today's morning session, and is now trading at a price of $141.22 per share. The S&P 500 index moved -2.0%. SUI's trading volume is 1,485,012 compared to the stock's average volume of 651,901.

Sun Communities trades 0.87% away from its average analyst target price of $140.0 per share. The 12 analysts following the stock have set target prices ranging from $120.0 to $158.0, and on average have given Sun Communities a rating of buy.

Anyone interested in buying SUI should be aware of the facts below:

Sun Communities has moved 16.9% over the last year, and the S&P 500 logged a change of 20.5%
Based on its trailing earnings per share of 0.52, Sun Communities has a trailing 12 month Price to Earnings (P/E) ratio of 271.6 while the S&P 500 average is 28.21
SUI has a forward P/E ratio of 60.4 based on its forward 12 month price to earnings (EPS) of $2.34 per share
The company has a price to earnings growth (PEG) ratio of 43.88 — a number near or below 1 signifying that Sun Communities is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 2.56 compared to its sector average of 2.09
Established in 1975, Sun Communities, Inc. became a publicly owned corporation in December 1993.
Based in Southfield, the company has 6,733 full time employees and a market cap of $18.31 Billion. Sun Communities currently returns an annual dividend yield of 2.7%.

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.