Last $51.47 USD
Change Today 0.00 / 0.00%
Volume 0.0
SUI On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

sun communities inc (SUI) Snapshot

Open
$51.96
Previous Close
$51.47
Day High
$52.25
Day Low
$51.33
52 Week High
07/24/13 - $53.35
52 Week Low
12/13/13 - $39.53
Market Cap
2.1B
Average Volume 10 Days
145.5K
EPS TTM
$0.36
Shares Outstanding
41.0M
EX-Date
06/26/14
P/E TM
142.5x
Dividend
$2.60
Dividend Yield
4.97%
Current Stock Chart for SUN COMMUNITIES INC (SUI)

sun communities inc (SUI) Related Bloomberg News

View More Bloomberg News

sun communities inc (SUI) Related Businessweek News

No Related Businessweek News Found

sun communities inc (SUI) Details

Sun Communities, Inc. operates as a real estate investment trust (REIT). It owns, operates, and develops manufactured housing communities in the midwestern, southern, and southeastern United States. As of April 1, 2011, it owned and operated a portfolio of 136 communities comprising approximately 47,600 developed sites. As a REIT, it would not be subject to federal tax to the extent that it distributes at least 90% of its taxable income to its shareholders. The company, through its subsidiary, Sun Home Services, Inc., also involves in marketing, selling, and leasing new and pre-owned homes. Sun Communities, Inc. was founded in 1975 and is headquartered in Southfield, Michigan.

1,236 Employees
Last Reported Date: 02/20/14
Founded in 1975

sun communities inc (SUI) Top Compensated Officers

Executive Chairman, Chief Executive Officer, ...
Total Annual Compensation: $1.0M
President and Chief Operating Officer
Total Annual Compensation: $600.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $529.5K
Executive Vice President
Total Annual Compensation: $340.0K
Compensation as of Fiscal Year 2013.

sun communities inc (SUI) Key Developments

Sun Communities, Inc. Declares Quarterly Distribution for the Second Quarter of 2014 Payable on July 18, 2014

Sun Communities Inc. announced its Board of Directors declared a quarterly distribution of $0.65 per share of common stock for the second quarter of 2014. The distribution is payable July 18, 2014 to shareholders of record on June 30, 2014.

Sun Communities Inc., Annual General Meeting, Jul 22, 2014

Sun Communities Inc., Annual General Meeting, Jul 22, 2014., at 11:00 US Eastern Standard Time. Location: 27777 Franklin Road, Suite 100. Agenda: To elect seven directors to serve until 2015 annual meeting of shareholders or until their successors shall have been duly elected and qualified; to ratify the selection of Grant Thornton LLP as independent registered public accounting firm for 2014; to conduct a non-binding advisory vote on executive compensation; and to consider any other business properly brought before the Annual Meeting.

Sun Communities Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter March 31, 2014; provides earnings guidance for second quarter and full year of 2014

Sun Communities Inc. reported unaudited consolidated earnings results for the first quarter March 31, 2014. For the quarter, the company reported total revenues of $111,181,000 against $102,065,000 a year ago. Income before income taxes and distributions from affiliate was $10,530,000 against $7,930,000 a year ago. Net income attributable to the company was $7,846,000 against $5,744,000 a year ago. Diluted and basic profit per share was $21.0 against of $0.19 a year ago. Funds from operations were $37,501,000 against $30,686,000 a year ago. Diluted FFO per share was $0.95 against $0.93 a year ago. For the second quarter of 2014, the company expected FFO excluding acquisition related costs to $3.33 - $3.43 per share. Revenues and expenses contain a component of seasonality; therefore, FFO per share is not earned evenly throughout the year. The company earned 28.1% of estimated FFO in the first quarter, and expects to earn 22.2%, 26.9% and 22.8% of estimated FFO in the second, third and fourth quarters, respectively. The company revises its 2014 guidance FFO guidance. For the period, the company expects FFO excluding acquisition related costs $0.74 - $0.76 per share $3.33 - $3.43 per share.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SUI:US $51.47 USD 0.00

SUI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
EastGroup Properties Inc $64.91 USD 0.00
Glimcher Realty Trust $11.03 USD 0.00
Home Properties Inc $65.50 USD 0.00
Post Properties Inc $54.90 USD 0.00
Ramco-Gershenson Properties Trust $16.88 USD 0.00
View Industry Companies
 

Industry Analysis

SUI

Industry Average

Valuation SUI Industry Range
Price/Earnings 100.0x
Price/Sales 4.7x
Price/Book 3.8x
Price/Cash Flow 16.1x
TEV/Sales 1.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SUN COMMUNITIES INC, please visit www.suncommunities.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.