Sun Communities (NYSE:SUI) Releases Q1 2025 Earnings Guidance

Sun Communities (NYSE:SUI) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.140-1.220 for the period, compared to the consensus EPS estimate of 1.280. The company issued revenue guidance of -. Sun Communities also updated its FY 2025 guidance to 6.820-7.060 EPS.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Royal Bank of Canada reduced their target price on Sun Communities from $147.00 to $135.00 and set an “outperform” rating on the stock in a report on Thursday, November 7th. Bank of America cut Sun Communities from a “neutral” rating to an “underperform” rating and reduced their price target for the stock from $147.00 to $114.00 in a research note on Tuesday, November 12th. Wells Fargo & Company lowered their price objective on Sun Communities from $154.00 to $135.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 11th. Jefferies Financial Group reduced their target price on shares of Sun Communities from $145.00 to $142.00 and set a “buy” rating on the stock in a research report on Thursday, January 2nd. Finally, UBS Group cut shares of Sun Communities from a “buy” rating to a “neutral” rating and lowered their price target for the company from $155.00 to $134.00 in a research report on Thursday, November 14th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $134.55.

Sun Communities Stock Down 0.8 %

Shares of NYSE SUI traded down $1.13 during midday trading on Wednesday, hitting $133.81. The stock had a trading volume of 940,330 shares, compared to its average volume of 815,152. The company has a market cap of $17.05 billion, a P/E ratio of 71.94 and a beta of 0.90. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.93. The business’s 50 day moving average is $125.03 and its 200-day moving average is $129.52. Sun Communities has a 52 week low of $110.98 and a 52 week high of $147.83.

Sun Communities (NYSE:SUI) last issued its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.41 EPS 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, analysts predict that Sun Communities will post 6.77 EPS for the current year.

Sun Communities Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a $0.94 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $3.76 annualized dividend and a yield of 2.81%. Sun Communities’s payout ratio is 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.