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SUI $125.89

SUI target price
125.89
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Sun Communities, Inc.
Type
Public company
Traded as NYSE: SUI
Industry Real estate investment trust
Founded 1975; 42 years ago (1975)
Headquarters Southfield, Michigan
Key people
Gary A. Shiffman, Chairman & CEO
John B. McLaren, COO
Karen J. Dearing, CFO
Revenue Increase $0.833 billion (2016)
Net income
Decrease $0.017 billion (2016)
Total assets Increase $5.870 billion (2016)
Total equity Increase $2.362 billion (2016)
Number of employees
2,679 (2016)
Website www.suncommunities.com

Sun Communities is a publicly traded real estate investment trust that invests in manufactured housing and recreational vehicle communities. As of December 31, 2016, the company owned interests in 341 such communities in the United States and Canada consisting of 117,376 homes.

The company dates to 1975.

In December 1993, the company became a public company via an initial public offering.

In March 1996, the company acquired 25 manufactured housing communities for $226 million.

In August 1996, the company made a hostile bid to buy Chateau Properties Inc. for $370 million in stock.

In September 1997, the company acquired 9 manufactured housing communities for $93 million.

In September 1999, the company opened its 4th community in Austin, Texas.

In September 2012, the company acquired a 756-unit mobile home park in Michigan for $32.2 million.

In April 2013, the company acquired Yogi Bear's Jellystone Park in Wyoming County, New York.

In August 2015, the company sold properties in Ohio and Michigan to UMH Properties for $34.5 million.

In June 2016, the company acquired a portfolio of 103-communities mostly located in California, Florida, and Ontario, Canada for $1.7 billion from an affiliate of Centerbridge Partners.

Water Oak Country Club is in Lady Lake, FL (55+ community)

Branch Creek in Austin, TX

Country Meadows in Flat Rock, MI

Sun Villa in Reno, NV

Carrington Pointe in Ft. Wayne, IN

Oak Crest in Austin, TX

Cave Creek in Evans, CO

Deerfield Run in Anderson, IN

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-24 Future report Set alerts
Q2 2022 2022-07-25 0.61 0.61
Q1 2022 2022-04-25 0.01 0.01
Q4 2021 2022-02-21 0.11 0.11
Q3 2021 2021-10-25 2.00 2.00
Q2 2021 2021-07-26 0.98 0.98
Q1 2021 2021-04-26 0.23 0.23
Q4 2020 2021-02-17 0.24 0.24
Q3 2020 2020-10-21 0.00 0.00
Q2 2020 2020-07-22 0.60 0.61

Ratings

2016-07-07 Boost Price Target Citigroup Inc. Neutral $70.00 to $80.00
2016-04-06 Reiterated Rating BMO Capital Markets Hold
2016-03-30 Upgrade Robert W. Baird Neutral to Outperform $67.00 to $74.00
2015-03-16 Initiated Coverage Robert W. Baird Neutral $66.00
2014-11-18 Reiterated Rating Citigroup Inc. Hold $53.00 to $60.00
2014-10-10 Downgrade BMO Capital Markets Outperform to Market Perform $56.00
2014-07-29 Reiterated Rating Citigroup Inc. Neutral $43.00 to $53.00
2014-03-12 Boost Price Target Robert W. Baird $49.00 to $51.00
2014-01-07 Upgrade Wells Fargo & Co. Market Perform to Outperform
2014-01-07 Upgrade Wells Fargo Market Perform to Outperform
2013-11-01 Reiterated Rating Robert W. Baird Buy $49.00
2013-11-01 Lower Price Target BMO Capital Markets Outperform $55.00 to $52.00
2013-10-30 Lower Price Target Imperial Capital Outperform $54.00 to $52.00
2013-10-21 Initiated Coverage Robert W. Baird Outperform $49.00
2013-10-10 Initiated Coverage Citigroup Inc. Neutral
2013-06-28 Initiated Imperial Capital Outperform $54
2011-08-24 Initiated Ladenburg Thalmann Buy $43
2011-04-12 Reiterated The Benchmark Company Buy $36 to $39
2010-07-28 Reiterated The Benchmark Company Buy $32 to $33
2010-04-27 Initiated Benchmark Buy $32
2009-03-19 Upgrade Citigroup Sell to Hold $7.50 to $9.50
2008-03-18 Reiterated Lehman Brothers Equal-weight $25 to $23
2007-08-07 Reiterated Lehman Brothers Equal-weight $32 to $30
2007-03-15 Upgrade BMO Capital Markets Market Perform to Outperform
2016-07-07 Boost Price Target Citigroup Inc. Neutral $70.00 to $80.00
2016-04-06 Reiterated Rating BMO Capital Markets Hold
2016-03-30 Upgrade Robert W. Baird Neutral to Outperform $67.00 to $74.00
2015-03-16 Initiated Coverage Robert W. Baird Neutral $66.00
2014-11-18 Reiterated Rating Citigroup Inc. Hold $53.00 to $60.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
SHIFFMAN GARY A Chairman, President, & CEO 3.44%  (1413223) SUI /
Rowe Randall K 1.17%  (482040) SUI /
McLaren John Bandini EVP, COO 0.41%  (168366) SUI /
Dearing Karen EVP, CFO, Sec, & Treas. 0.33%  (134593) SUI /
Goldman James R 0.21%  (84755) SUI /
COLMAN JONATHAN EVP 0.08%  (31138) SUI /
WEISS ARTHUR A 0.06%  (23356) CHFC / SUI / TLMR /
BERGERON STEPHANIE W 0.05%  (21400) SUI /
LEWIS CLUNET R 0.05%  (19400) SUI /
PIASECKI RONALD L 0.04%  (17100) SUI /
LAPIDES PAUL D 0.03%  (12400) SUI /
HERMELIN BRIAN M 0.03%  (12000) SUI /
NAFTALY ROBERT H 0.03%  (11900) MIG / SUI / TLMR /
KLEIN RONALD A 0.02%  (10000) CHFC / SUI / TLMR /
SIMON TED J 0.02%  (9741) SUI /
Baivier Meghan G. 0.01%  (4100) SUI /