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 $126.64? 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 2.2% over the last year, and the S&P 500 logged a change of 31.4%
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SUI has an average analyst rating of buy and is -8.72% away from its mean target price of $138.73 per share
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Its trailing earnings per share (EPS) is $1.86
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Sun Communities has a trailing 12 month Price to Earnings (P/E) ratio of 68.1 while the S&P 500 average is 29.3
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Its forward earnings per share (EPS) is $2.13 and its forward P/E ratio is 59.5
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The company has a Price to Book (P/B) ratio of 2.16 in contrast to the S&P 500's average ratio of 4.74
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Sun Communities is part of the Real Estate sector, which has an average P/E ratio of 31.12 and an average P/B of 2.15
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SUI has reported YOY quarterly earnings growth of 139.1% and gross profit margins of 0.5%
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The company has a free cash flow of $1.22 Billion, 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 December 31, 2023, the Company owned, operated, or had an interest in a portfolio of 667 developed MH, RV and Marina properties comprising 179,310 developed sites and approximately 48,030 wet slips and dry storage spaces in the U.S., the UK and Canada.
