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Sun Communities (NYSE:SUI)’s share price reached a new 52-week high during trading on Monday , AnalystRatings.NET reports. The company traded as high as $53.07 and last traded at $53.04, with a volume of 53,153 shares traded. The stock had previously closed at $52.49.

The stock has a 50-day moving average of $50.43 and a 200-day moving average of $46.83. The company has a market cap of $2.177 billion and a price-to-earnings ratio of 118.76.

Sun Communities (NYSE:SUI) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.78 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.76 by $0.02. The company had revenue of $115.40 million for the quarter, compared to the consensus estimate of $105.88 million. During the same quarter last year, the company posted $0.69 earnings per share. Sun Communities’s revenue was up 15.2% compared to the same quarter last year. On average, analysts predict that Sun Communities will post $3.41 earnings per share for the current fiscal year.

Sun Communities, Inc is a self-administered and self-managed real estate investment trust (NYSE:SUI).

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