Sun Communities (SUI) to Release Quarterly Earnings on Wednesday

Sun Communities (NYSE:SUI) is set to release its earnings data after the market closes on Wednesday, February 21st. Analysts expect Sun Communities to post earnings of $0.20 per share for the quarter.

Shares of Sun Communities (NYSE:SUI) opened at $85.74 on Wednesday. Sun Communities has a one year low of $78.78 and a one year high of $96.08. The firm has a market cap of $6,720.31, a PE ratio of 114.08, a P/E/G ratio of 2.96 and a beta of 0.15.

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Friday, December 29th were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 3.13%. The ex-dividend date of this dividend was Thursday, December 28th. Sun Communities’s payout ratio is presently 362.16%.

Several research firms recently weighed in on SUI. Robert W. Baird upgraded shares of Sun Communities from a “neutral” rating to an “outperform” rating in a research note on Wednesday, February 7th. ValuEngine cut shares of Sun Communities from a “buy” rating to a “hold” rating in a research note on Tuesday, December 5th. Evercore ISI upgraded shares of Sun Communities from an “in-line” rating to an “outperform” rating and set a $86.00 target price for the company in a research note on Monday, December 4th. Zacks Investment Research cut shares of Sun Communities from a “buy” rating to a “hold” rating in a research note on Thursday, December 28th. Finally, Royal Bank of Canada increased their target price on shares of Sun Communities from $95.00 to $96.00 and gave the company an “outperform” rating in a research note on Thursday, October 26th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $93.57.

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Sun Communities Company Profile

Sun Communities, Inc is a self-administered and self-managed real estate investment trust (REIT). The Company is a fully integrated real estate company, which, together with its affiliates and predecessors, has been in the business of acquiring, operating, developing, and expanding manufactured housing (MH) and recreational vehicle (RV).

Earnings History for Sun Communities (NYSE:SUI)

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