Sun Communities (NYSE:SUI) Releases FY 2025 Earnings Guidance

Sun Communities (NYSE:SUI) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 6.820-7.060 for the period, compared to the consensus EPS estimate of 7.070. The company issued revenue guidance of -. Sun Communities also updated its Q1 2025 guidance to 1.140-1.220 EPS.

Analyst Ratings Changes

A number of research firms have issued reports on SUI. Jefferies Financial Group reduced their price target on Sun Communities from $145.00 to $142.00 and set a “buy” rating on the stock in a research report on Thursday, January 2nd. Truist Financial raised shares of Sun Communities from a “hold” rating to a “buy” rating in a report on Friday, January 17th. Robert W. Baird downgraded shares of Sun Communities from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $145.00 to $126.00 in a research note on Thursday, November 7th. StockNews.com downgraded shares of Sun Communities from a “hold” rating to a “sell” rating in a research report on Wednesday, November 20th. Finally, Baird R W cut shares of Sun Communities from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 7th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $134.55.

Sun Communities Stock Performance

SUI traded down $1.13 on Wednesday, reaching $133.81. The company had a trading volume of 940,330 shares, compared to its average volume of 815,152. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.93. Sun Communities has a 1 year low of $110.98 and a 1 year high of $147.83. The stock has a market capitalization of $17.05 billion, a PE ratio of 71.94 and a beta of 0.90. The stock has a 50-day moving average price of $125.03 and a 200-day moving average price of $129.52.

Sun Communities (NYSE:SUI) last posted its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.39 by $0.02. Sun Communities had a return on equity of 3.21% and a net margin of 7.46%. As a group, research analysts forecast that Sun Communities will post 6.77 EPS for the current fiscal year.

Sun Communities Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.94 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.81%. Sun Communities’s dividend payout ratio (DPR) is presently 202.15%.

Sun Communities Company Profile

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.