Sun Communities
About: Sun Communities is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently owns a portfolio of 666 properties, which includes 350 manufactured housing communities, 179 residential vehicle communities, and 137 marina properties. Sun targets owning properties that are desirable as second homes or vacation properties with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.
Employees: 6,780
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
302% more call options, than puts
Call options by funds: $66.9M | Put options by funds: $16.7M
13% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 62
13% more funds holding in top 10
Funds holding in top 10: 8 [Q2] → 9 (+1) [Q3]
6% more capital invested
Capital invested by funds: $14.6B [Q2] → $15.6B (+$936M) [Q3]
2% more funds holding
Funds holding: 498 [Q2] → 506 (+8) [Q3]
4.69% less ownership
Funds ownership: 97.63% [Q2] → 92.95% (-4.69%) [Q3]
13% less repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 199
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$114
8%
downside
Avg. target
$136
10%
upside
High target
$160
29%
upside
9 analyst ratings
3 positive
33%
5 neutral
56%
1 negative
11%
Wells Fargo James Feldman 72% 1-year accuracy 13 / 18 met price target | 9%upside $135 | Equal-Weight Maintained | 11 Dec 2024 |
Truist Securities Anthony Hau 41% 1-year accuracy 13 / 32 met price target | 6%upside $131 | Hold Maintained | 11 Dec 2024 |
UBS Michael Goldsmith 29% 1-year accuracy 4 / 14 met price target | 8%upside $134 | Neutral Downgraded | 14 Nov 2024 |
B of A Securities Joshua Dennerlein 46% 1-year accuracy 6 / 13 met price target | 8%downside $114 | Underperform Downgraded | 12 Nov 2024 |
BMO Capital John Kim 71% 1-year accuracy 12 / 17 met price target | 12%upside $138 | Outperform Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 91 articles about SUI published over the past 30 days
Neutral
GlobeNewsWire
14 hours ago
ROSEN, A TOP-RANKED LAW FIRM, Encourages Sun Communities, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SUI
NEW YORK, Dec. 20, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Sun Communities, Inc. (NYSE: SUI) between February 28, 2019 and September 24, 2024, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 10, 2025.
Neutral
Accesswire
19 hours ago
Class Action Filed Against Sun Communities, Inc. (SUI) Seeking Recovery for Investors - Contact Levi & Korsinsky
NEW YORK, NY / ACCESSWIRE / December 20, 2024 / If you suffered a loss on your Sun Communities, Inc. (NYSE:SUI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/sun-communities-inc-lawsuit-submission-form?prid=117876&wire=1 or contact Joseph E. Levi, Esq.
Neutral
GlobeNewsWire
19 hours ago
SUI INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Sun Communities, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
NEW YORK, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Sun Communities, Inc. (“Sun Communities” or “the Company”) (NYSE: SUI) and certain of its officers.
Neutral
Accesswire
21 hours ago
Lost Money on Sun Communities, Inc.(SUI)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
NEW YORK, NY / ACCESSWIRE / December 20, 2024 / If you suffered a loss on your Sun Communities, Inc. (NYSE:SUI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/sun-communities-inc-lawsuit-submission-form?prid=117839&wire=1 or contact Joseph E. Levi, Esq.
Neutral
Accesswire
22 hours ago
Sun Communities Inc Is Being Sued For Violating Securities Laws And Impacted Investors Are Invited To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / December 20, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Sun Communities, Inc. ("SUI" or "the Company") (NYSE:SUI) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 28, 2019 and September 24, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before February 10, 2025.
Neutral
Business Wire
22 hours ago
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Sun Communities, Inc. (SUI) Investors
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Sun Communities, Inc. (“Sun Communities” or the “Company”) (NYSE: SUI) securities between February 28, 2019 and September 24, 2024, inclusive (the “Class Period”). Sun Communities investors have until February 10, 2025 to file a lead plaintiff motion. If you suffered.
Neutral
Accesswire
23 hours ago
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of February 10, 2025 in Sun Communities, Inc. Lawsuit - SUI
NEW YORK, NY / ACCESSWIRE / December 20, 2024 / If you suffered a loss on your Sun Communities, Inc. (NYSE:SUI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/sun-communities-inc-lawsuit-submission-form?prid=117812&wire=1 or contact Joseph E. Levi, Esq.
Neutral
GlobeNewsWire
23 hours ago
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Sun Communities
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Sun Communities To Contact Him Directly To Discuss Their Options
Neutral
Accesswire
1 day ago
Shareholders of Sun Communities, Inc. Should Contact Levi & Korsinsky Before February 10, 2025 to Discuss Your Rights - SUI
NEW YORK, NY / ACCESSWIRE / December 20, 2024 / If you suffered a loss on your Sun Communities, Inc. (NYSE:SUI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/sun-communities-inc-lawsuit-submission-form?prid=117728&wire=1 or contact Joseph E. Levi, Esq.
Neutral
Accesswire
1 day ago
SUI INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Sun Communities, Inc. Stockholders with Losses Have Opportunity to Lead Class Action Lawsuit!
NEW YORK CITY, NY / ACCESSWIRE / December 20, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Sun Communities, Inc. ("Sun Communities" or "the Company") (NYSE:SUI) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Sun Communities securities between February 28, 2019 and September 24, 2024, both dates inclusive (the "Class Period").
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