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Last $63.17 USD
Change Today +0.31 / 0.49%
Volume 82.7K
SUI On Other Exchanges
Symbol
Exchange
New York
As of 1:21 PM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

sun communities inc (SUI) Snapshot

Open
$62.64
Previous Close
$62.86
Day High
$63.26
Day Low
$62.64
52 Week High
03/20/15 - $71.40
52 Week Low
05/28/14 - $47.72
Market Cap
3.4B
Average Volume 10 Days
163.1K
EPS TTM
$0.44
Shares Outstanding
53.6M
EX-Date
03/27/15
P/E TM
144.8x
Dividend
$2.60
Dividend Yield
4.11%
Current Stock Chart for SUN COMMUNITIES INC (SUI)

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sun communities inc (SUI) Details

Sun Communities, Inc. operates as a real estate investment trust (REIT). It owns, operates, and develops manufactured housing communities in the midwestern, southern, and southeastern United States. As of April 1, 2011, it owned and operated a portfolio of 136 communities comprising approximately 47,600 developed sites. As a REIT, it would not be subject to federal tax to the extent that it distributes at least 90% of its taxable income to its shareholders. The company, through its subsidiary, Sun Home Services, Inc., also involves in marketing, selling, and leasing new and pre-owned homes. Sun Communities, Inc. was founded in 1975 and is headquartered in Southfield, Michigan.

1,525 Employees
Last Reported Date: 03/2/15
Founded in 1975

sun communities inc (SUI) Top Compensated Officers

Executive Chairman, Chief Executive Officer, ...
Total Annual Compensation: $1.4M
President and Chief Operating Officer
Total Annual Compensation: $754.4K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $741.3K
Executive Vice President
Total Annual Compensation: $1.2M
Compensation as of Fiscal Year 2014.

sun communities inc (SUI) Key Developments

Sun Communities Seeks Acquisitions

Gary Shiffman, Chairman and Chief Executive Officer of Sun Communities Inc. (NYSE:SUI) said, "With our current pipeline of quality acquisition opportunities, we are optimistic about the potential to continue to add best in class MH and RV properties to our portfolio."

Sun Communities Inc. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Revised Funds from Operations Guidance for the Full Year of 2015; Provides Funds from Operations Guidance for the Second Quarter of 2015

Sun Communities Inc. reported consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net income attributable to common stockholders of $6.9 million, or $0.13 per diluted common share, as compared to net income of $7.8 million, or $0.21 per diluted common share for the first quarter of 2014. FFO excluding certain items was $50.2 million and $38.3 million, or $0.90 and $0.95 per share, for the three months ended March 31, 2015 and 2014, respectively. Total revenues were $152.7 million compared to $111.2 million a year ago. Income before other gains or losses was $3.53 million compared to $10.53 million a year ago. Net income was $12.25 million compared to $10.86 million a year ago. Net income attributable to the company was $11 million compared to $9.4 million a year ago. Net operating income was $60.9 million compared to $56.1 million a year ago. The company has increased its full-year 2015 FFO per share guidance to $3.55-$3.65, an increase of $0.02 at the midpoint. This revised guidance is subject to the estimates and assumptions previously disclosed and the following: includes all acquisitions and dispositions completed through April 23, 2015 but no prospective acquisitions or dispositions are included; and the assumption that all transaction related expenses are added back in the computation of FFO. The company provides FFO guidance for the second quarter of 2015 of $0.82-$0.84 per share. While first quarter results outperformed the company's internal estimates, certain community expenses budgeted but not incurred in the first quarter are expected to be incurred in subsequent quarters.

Sun Communities Inc. to Report Q1, 2015 Results on Apr 23, 2015

Sun Communities Inc. announced that they will report Q1, 2015 results Pre-Market on Apr 23, 2015

 

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SUI Competitors

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Company Last Change
EastGroup Properties Inc $55.65 USD -0.19
Equity LifeStyle Properties Inc $54.64 USD -0.10
Home Properties Inc $74.28 USD -0.94
Post Properties Inc $56.91 USD -0.50
Ramco-Gershenson Properties Trust $17.33 USD -0.03
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Industry Analysis

SUI

Industry Average

Valuation SUI Industry Range
Price/Earnings 100.0x
Price/Sales 6.4x
Price/Book 2.9x
Price/Cash Flow 18.9x
TEV/Sales 1.4x
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