에 대한 최신 뉴스 Sun Communities (NYSE:SUI) 주식

Sun Communities

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 351 manufactured housing communities, 179 residential vehicle communities, and 136 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.

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최근 통계에 따르면 허리케인 헬렌(Hurricane Helene)으로 인한 피해로 인해 130명 이상의 목숨을 앗아갔고 거의 80만 명에게 전력 공급이 중단된 것으로 나타났다. 9월 26일에 상륙한 폭풍은 플로리다 팬핸들, 조지아, 노스캐롤라이나와 사우스캐롤라이나를 휩쓸었다.

허리케인 헬렌 강타: 피해 현황과 영향 받은 기업들 최신 소식

Sun Communities Inc

SUBSTRATE ARTIFICIAL INTL by Substrate Artificial Inteligence S.A.

Substrate Artificial Inteligence SA

SUBSTRATE ARTIFICI INTL B by Substrate Artificial Inteligence S.A.

SUIC WORLDWIDE HOLDINGS by SUIC Worldwide Holdings Ltd

SUIC Worldwide Holdings Ltd

SUPERIOR MINING INTL ORD by Superior Mining International Corp.

Superior Mining International Corp

SUN COMMUNITIES REIT ORD

Sun Communities's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUI#NYSE">SUI</a>) short percent of float has risen 56.23% since its last report. The company recently reported that it has 4.05 million shares sold short, which is 4.39% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.96 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Sun Communities Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727811917_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Sun Communities has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Sun Communities's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Sun Communities's peer group average for short interest as a percentage of float is 2.36%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Peering Into Sun Communities's Recent Short Interest

Hurricane Helene&#8217;s devastation claimed the lives of more than 130 people and left nearly 800,000 without power, according to the latest figures. The storm, which <a href="https://www.benzinga.com/news/24/09/41073069/hurricane-helene-update-28-dead-power-outages-insurance-damages-and-more">made landfall on September 26</a>, tore through the Florida Panhandle, Georgia and North and South Carolina.
New Developments: Bloomberg <a href="https://www.bloomberg.com/en/news/thp/2024-10-01/biden-plans-survey-of-devastation-in-north-carolina-as-helene-s-death-toll-tops-130">reported</a> that the Hurricane Helene death toll reached 139 on Tuesday.
Duke Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>), the largest utility provider in North Carolina and South Carolina, reported over two million customers experienced an electricity outage. On Monday, the Charlotte-based provider announced it had restored power to 1,350,000 customers without power.
About 443,000 customers in South Carolina remained without power; a slightly smaller 346,000 customers in North Carolina are still experiencing outages. Duke Energy expects to restore most remaining outages by Friday night, though it noted that it will be more difficult in inaccessible areas.
Even though the process of estimating the storm's insurance losses is ongoing, insurers likely will face comparatively less exposure to Hurricane Helene than initially thought. <a href="https://www.wsj.com/livecoverage/stock-market-today-dow-sp500-nasdaq-live-09-30-2024/card/insurers-likely-won-t-feel-the-full-force-of-hurricane-helene-QKMNmp4CoGGEQXUuJq18?mod=Searchresults_pos12&amp;page=1">According</a> to the Wall Street Journal, citing industry sources, reinsurers will not face catastrophic losses.
The total economic loss — including the uninsured damage incurred — is projected to be much graver. Moody's Analytics estimated the economic damage from the hurricane to be between $20 billion to $34 billion.
American International Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIG#NYSE">AIG</a>), Axa SA ADR (OTC:<a class="ticker" href="https://www.benzinga.com/stock/AXAHY#OTC">AXAHY</a>), Berkshire Hathaway Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) and Allstate Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALL#NYSE">ALL</a>) are among the largest flood insurers in North Carolina, <a href="https://www.wral.com/story/homeowners-insurance-doesn-t-cover-floods-how-to-protect-your-home-in-north-carolina/21370970/">according</a> to WRAL News.
REITs Report Limited Damage: Several REITs with properties in Florida, Georgia and the Carolinas reported little to no damage following the storm.
In a Tuesday press release, Sun Communities, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUI#NYSE">SUI</a>) reported no material building or structure damage due to the hurricane. The company operates communities in several affected states. NexPoint Residential Trust, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NXRT#NYSE">NXRT</a>) and Pebblebrook Hotel Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEB#NYSE">PEB</a>) issued similar statements.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41105907/hurricane-helene-shutters-baxter-internationals-key-manufacturing-hub-in-north-caro">Hurricane Helene Shutters Baxter International&#8217;s Key Manufacturing Hub In North Carolina</a></li>
</ul>
Photo: Courtesy Florida Fish &amp; Wildlife via <a href="https://www.flickr.com/photos/myfwcmedia/">Flickr</a> Creative Commons

Hurricane Helene Devastation: The Latest On Damage, Companies Affected

<a href="https://vimeo.com/1012627224">https://vimeo.com/1012627224</a>
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Watching Sun Communities; Reported September 24, 2024, Soren Aandahl Of Blue Orca Capital joined Zer0es TV And Presented Its Short Thesis On The Co, Saying "The Company Is An Egregious Mess Of Conflicts Of Interest And Dubious Executive Behavior Which Blue Orca Believe Manipulates Critical Financial Disclosures To Inflate Adjusted Funds From Operation And Organic Growth"

Analysts' ratings for Sun Communities (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUI#NYSE">SUI</a>) over the last quarter vary from bullish to bearish, as provided by 6 analysts.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $144.5, a high estimate of $154.00, and a low estimate of $137.00. This upward trend is evident, with the current average reflecting a 6.78% increase from the previous average price target of $135.33.
<img src="https://www.benzinga.com/files/images/story/2024/1726772841_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The standing of Sun Communities among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>James Feldman</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$154.00</td>
<td>$123.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$149.00</td>
<td>$144.00</td>
</tr>
<tr>
<td>Wesley Golladay</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$145.00</td>
<td>$144.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$144.00</td>
<td>$143.00</td>
</tr>
<tr>
<td>Anthony Hau</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$138.00</td>
<td>$127.00</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$137.00</td>
<td>$131.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Sun Communities. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Sun Communities compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Sun Communities's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Sun Communities's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SUI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Sun Communities analyst ratings.</a>
<h2>Get to Know Sun Communities Better</h2>
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 351 manufactured housing communities, 179 residential vehicle communities, and 136 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.
<h3>Financial Insights: Sun Communities</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Positive Revenue Trend: Examining Sun Communities's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.09% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Real Estate sector.
Net Margin: Sun Communities's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 6.03%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 0.75%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Sun Communities's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.3%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 1.14, Sun Communities adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>What Are Analyst Ratings?</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

A Glimpse Into The Expert Outlook On Sun Communities Through 6 Analysts

Wells Fargo analyst James Feldman maintains Sun Communities (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUI#NYSE">SUI</a>) with a Equal-Weight and raises the price target from $123 to $154.

Price Target

Wells Fargo Maintains Equal-Weight on Sun Communities, Raises Price Target to $154

Evercore ISI Group analyst Steve Sakwa downgrades Sun Communities (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUI#NYSE">SUI</a>) from Outperform to In-Line and raises the price target from $144 to $149.

Downgrades

Evercore ISI Group Downgrades Sun Communities to In-Line, Raises Price Target to $149

Sun Communities's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUI#NYSE">SUI</a>) short percent of float has fallen 8.74% since its last report. The company recently reported that it has 1.54 million shares sold short, which is 1.67% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.93 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Sun Communities Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725385509_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Sun Communities has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Sun Communities's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Sun Communities's peer group average for short interest as a percentage of float is 2.28%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Sun Communities's Recent Short Interest

Sun Communities (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUI#NYSE">SUI</a>) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $141.0, a high estimate of $145.00, and a low estimate of $137.00. This upward trend is apparent, with the current average reflecting a 3.49% increase from the previous average price target of $136.25.
<img src="https://www.benzinga.com/files/images/story/2024/1725364810_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The standing of Sun Communities among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Wesley Golladay</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$145.00</td>
<td>$144.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$144.00</td>
<td>$143.00</td>
</tr>
<tr>
<td>Anthony Hau</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$138.00</td>
<td>$127.00</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$137.00</td>
<td>$131.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Sun Communities. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Sun Communities compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Sun Communities's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Capture valuable insights into Sun Communities's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SUI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Sun Communities analyst ratings.</a>
<h2>Discovering Sun Communities: A Closer Look</h2>
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 351 manufactured housing communities, 179 residential vehicle communities, and 136 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.
<h3>Unraveling the Financial Story of Sun Communities</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Sun Communities's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 1.09%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: Sun Communities's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 6.03%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Sun Communities's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 0.75%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Sun Communities's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.3%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Sun Communities's debt-to-equity ratio is below the industry average. With a ratio of 1.14, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>The Basics of Analyst Ratings</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Verdict: Sun Communities In The Eyes Of 4 Experts

Baird analyst Wesley Golladay maintains Sun Communities (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUI#NYSE">SUI</a>) with a Outperform and raises the price target from $144 to $145.

Baird Maintains Outperform on Sun Communities, Raises Price Target to $145

Evercore ISI Group analyst Steve Sakwa maintains Sun Communities (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUI#NYSE">SUI</a>) with a Outperform and raises the price target from $143 to $144.

Evercore ISI Group Maintains Outperform on Sun Communities, Raises Price Target to $144

Truist Securities analyst Anthony Hau maintains Sun Communities (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUI#NYSE">SUI</a>) with a Hold and raises the price target from $127 to $138.

Truist Securities Maintains Hold on Sun Communities, Raises Price Target to $138

Sun Communities's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUI#NYSE">SUI</a>) short percent of float has risen 15.09% since its last report. The company recently reported that it has 1.69 million shares sold short, which is 1.83% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.18 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Sun Communities Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722869119_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Sun Communities has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Sun Communities's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Sun Communities's peer group average for short interest as a percentage of float is 2.43%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

RBC Capital analyst Brad Heffern maintains Sun Communities (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUI#NYSE">SUI</a>) with a Outperform and raises the price target from $131 to $137.

RBC Capital Maintains Outperform on Sun Communities, Raises Price Target to $137

Guidance

Sun Communities Reiterates FY24 Core FFO Per Share Guidance Of $7.06 - $7.22, Est $7.12

Sun Communities (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUI#NYSE">SUI</a>) reported quarterly earnings of $1.86 per share which missed the analyst consensus estimate of $1.88 by 1.06 percent. This is a 5.1 percent decrease over earnings of $1.96 per share from the same period last year. The company reported quarterly sales of $864.000 million which missed the analyst consensus estimate of $890.623 million by 2.99 percent. This is a 0.06 percent increase over sales of $863.500 million the same period last year.

Earnings

Earnings Misses

Sun Communities Q2 2024 Core FFO Per Share $1.86 Misses $1.88 Estimate, Sales $864.000M Miss $890.623M Estimate

WIIM

CUBE

EQIX

GLPI

Hannon Armstrong Sustainable Infrastructure Capital

HASI

IIPR

REXR

SBAC

VICI

Shares of REITs are trading higher following softer-than-expected June CPI data, which could raise expectations of rate cuts.

Sun Communities's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUI#NYSE">SUI</a>) short percent of float has fallen 11.41% since its last report. The company recently reported that it has 1.51 million shares sold short, which is 1.63% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.27 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Sun Communities Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1720105221_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Sun Communities has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Sun Communities's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Sun Communities's peer group average for short interest as a percentage of float is 2.62%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(SUI) - Analyzing Sun Communities's Short Interest

Sun Communities's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUI#NYSE">SUI</a>) short percent of float has risen 3.37% since its last report. The company recently reported that it has 1.69 million shares sold short, which is 1.84% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.67 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Sun Communities Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1718720110_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Sun Communities has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Sun Communities's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Sun Communities's peer group average for short interest as a percentage of float is 2.50%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

LAMR

Shares of REIT stocks are trading higher amid a drop in Treasury yields following soft May CPI figures.

Real estate investment trusts (REITs) own, operate, or finance income-generating real estate. REITs allow individuals to invest in various types of real estate without having to directly own or manage the properties. REITs typically focus on a specific type of real estate, such as residential, commercial, or industrial, and they are required to distribute a large percentage of their taxable income to shareholders in the form of dividends, making them attractive for income-seeking investors.
Let's take a look at two REITs with dividend yields up to 5.8% that have been growing their dividends in recent years.
<h2 class="wp-block-heading">Sun Communities</h2>
Sun Communities Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUI#NYSE">SUI</a>) owns, operates, or has an interest in 665 developed manufactured home, RV, and marina properties containing 180,110 developed sites and 48,040 wet slips and dry storage spaces in the U.S., Canada, and the U.K. as of March 31.
Don't Miss:
<ul>
<li>A new fund backed by Jeff Bezos offers a 7-9% target yield with monthly dividends.<a href="https://www.benzinga.com/money/arrived-private-credit-fund"> Here&#8217;s how you can invest today.</a></li>
<li>Private credit offers up to <a href="https://www.benzinga.com/money/percent">20% APY to potential accredited investor</a>s looking to capitalize on this growing asset class.</li>
</ul>
Sun Communities currently pays a quarterly distribution of $0.94 per share, equating to an annualized distribution of $3.76 per share, which gives it a yield of about 3.3% at the time of this writing.&nbsp;
In addition to sporting a high yield, Sun Communities is a dividend-growth star. It has raised its annual distribution each of the last seven years and its 1.1% hike in February has it on track for 2024 to mark the 8th consecutive year with an increase.
<h2 class="wp-block-heading">National Storage Affiliates Trust</h2>
National Storage Affiliates Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSA#NYSE">NSA</a>) is one of the largest owners and operators of self-storage properties in the United States. As of March 31, it has ownership interests in and operated 1,050 self-storage properties containing approximately 68.7 million rentable square feet across 42 states and Puerto Rico.
National Storage currently pays a quarterly dividend of $0.56 per share, equating to an annualized dividend of $2.24 per share, which gives its stock a yield of about 5.8% at the time of this writing. 
Like Sun Communities, National Storage is a dividend-growth star. It has raised its annual dividend payment every year since its initial public offering in 2015, putting it on track for 2024 to mark the ninth consecutive year with an increase.
&nbsp;Keep Reading:
<ul>
<li>Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." These<a href="https://www.benzinga.com/real-estate/23/05/32554601/want-to-grow-your-wealth-passively-these-high-yield-real-estate-notes-might-be-your-holy-grail"> high-yield real estate notes that pay 7.5% &#8211; 9%</a> make earning passive income easier than ever.</li>
<li>Elon Musk and Jeff Bezos are bullish on one city that could dethrone New York and become the new financial capital of the US.<a href="https://www.benzinga.com/money/miami-take-new-yorks-place-financial-capital"> Investing in its booming real estate market has never been more accessible</a>.</li>
</ul>
Image Credit: Shutterstock

Real Estate

These REITs Yield Up To 5.8% and Have Long Track Records of Dividend Growth

SPG, EGP, SLG, CHCT upgraded, SUI, REG downgraded at Evercore ISI

2 REITs To Buy And Hold For The Long Run

In a report released today, James Feldman from Wells Fargo assigned a Hold rating to Sun Communities (SUI – Research Report), with a price target o...

Sun Communities (SUI) Receives a Hold from Wells Fargo

Dividend Champion, Contender, And Challenger Highlights: Week Of September 22

Sun Communities: Covered Calls Can Compensate Low Leverage (Rating Downgrade)

The Impressive Durability Of REIT Investments

American Homes 4 Rent: Valuation And Short-Term Concerns Make This An Unappealing Play

SA Chart: Which sector will benefit the most from interest rate cuts?

IGR: Earn An 11% Yield And Get Inflation Protection With This CEF

Invitation Homes Warrants A Downgrade

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Press Releases

Investigation into Sun Communities Underway: Johnson Fistel, LLP Digs into Alleged Securities Law Violations - What Shareholders Need to Know

Sun Communities, Inc. ALERT: Securities Fraud Investigation by Block & Leviton Could Allow Investors to Recover Losses

Legal

SUN COMMUNITIES ALERT: Bragar Eagel & Squire, P.C. is Investigating Sun Communities on Behalf of Sun Communities Stockholders and Encourages Investors to Contact the Firm

The Law Offices of Frank R. Cruz Announces Investigation of Sun Communities, Inc. (SUI) on Behalf of Investors

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Sun Communities, Inc. (SUI) on Behalf of Investors

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Sun Communities, Inc. (SUI) on Behalf of Investors

SUN COMMUNITIES INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates Sun Communities, Inc.'s Directors and Officers for Breach of Fiduciary Duties – SUI

Sun Communities, Inc. Provides Preliminary Assessment of Hurricane Helene Impact

Sun Communities (SUI) Investigated by Block & Leviton for Potential Securities Law Violations; Investors Who Have Lost Money Should Contact the Firm

Bragar Eagel & Squire, P.C. Is Investigating Winnebago, Visa, Kaspi, and Sun Communities and Encourages Investors to Contact the Firm

KSPI

American Homes 4 Rent Common Shares of Beneficial Interest

American Homes 4 Rent

Bluerock Homes Trust, Inc. Class A Common Stock

Bluerock Homes Trust

Equity Lifestyle Properties, Inc. Common Stock

Equity Lifestyle Props

Invitation Homes

UMH Properties

Wells Fargo

Evercore ISI Group

Baird

Truist Securities

RBC Capital

최근 통계에 따르면 허리케인 헬렌(Hurricane Helene)으로 인한 피해로 인해 130명 이상의 목숨을 앗아갔고 거의 80만 명에게 전력 공급이 중단된 것으로 나타났다. <a href="https://www.benzinga.com/news/24/09/41073069/hurricane-helene-update-28-dead-power-outages-insurance-damages-and-more" target="_blank" rel="noopener" data-google-interstitial="false">9월 26일에 상륙한</a> 폭풍은 플로리다 팬핸들, 조지아, 노스캐롤라이나와 사우스캐롤라이나를 휩쓸었다.
새로운 발전: 블룸버그는 허리케인 헬렌의 사망자 수가 화요일에 139명에 달했다고 <a href="https://www.bloomberg.com/en/news/thp/2024-10-01/biden-plans-survey-of-devastation-in-north-carolina-as-helene-s-death-toll-tops-130" target="_blank" rel="noopener">보도</a>했다.
노스캐롤라이나와 사우스캐롤라이나의 최대 전력 공급업체인 듀크 에너지(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>)는 200만 명 이상의 고객이 정전을 경험했다고 보고했다. 월요일, 샬럿에 본사를 둔 이 전력 공급업체는 전력이 끊긴 1,350,000명의 고객에게 전력을 복구했다고 발표했다.
사우스캐롤라이나에서는 약 443,000명의 고객이 전력 공급을 받지 못했다. 노스캐롤라이나에서는 약간 작은 346,000명의 고객이 여전히 정전을 겪고 있다. 듀크에너지는 금요일 밤까지 남아있는 대부분의 정전을 복구할 것으로 예상하지만, 접근이 불가능한 지역에서는 복구가 더욱 어려울 것이라고 지적했다.
폭풍의 보험 손실 추정 과정은 진행 중이지만, 보험사들은 초기 예상보다 허리케인 헬렌에 대한 노출이 비교적 적을 것으로 보인다. 월스트리트 저널에 <a href="https://www.wsj.com/livecoverage/stock-market-today-dow-sp500-nasdaq-live-09-30-2024/card/insurers-likely-won-t-feel-the-full-force-of-hurricane-helene-QKMNmp4CoGGEQXUuJq18?mod=Searchresults_pos12&amp;page=1">따르면</a>, 업계 소식통을 인용하여 재보험사들은 재앙적인 손실에 직면하지 않을 것이라고 보도했다.
발생한 비보험 피해를 포함해 총 경제적 손실은 훨씬 더 클 것으로 예상된다. 무디스 애널리틱스(Moody&#8217;s Analytics)는 허리케인으로 인한 경제적 피해가 200억 달러에서 340억 달러 사이로 추산했다.
WRAL 뉴스에 <a href="https://www.wral.com/story/homeowners-insurance-doesn-t-cover-floods-how-to-protect-your-home-in-north-carolina/21370970/">따르면</a>, 아메리칸 인터내셔널 그룹(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIG#NYSE">AIG</a>), 악사 SA ADR(OTC:<a class="ticker" href="https://www.benzinga.com/stock/AXAHY#OTC">AXAHY</a>), 버크셔 해서웨이(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) 및 올스테이트(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALL#NYSE">ALL</a>)는 노스캐롤라이나에서 가장 큰 홍수 보험사들 중 하나이다.
REITs의 제한된 피해 보고: 플로리다, 조지아 및 캐롤라이나에 자산을 보유한 여러 REIT는 폭풍 이후 피해가 거의 없거나 전혀 없었다고 보고했다.
화요일 보도자료에서 선 커뮤니티즈(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUI#NYSE">SUI</a>)는 허리케인으로 인한 물질적 건물이나 구조물 피해가 없다고 보고했다. 이 회사는 여러 피해 지역에 커뮤니티를 운영하고 있다. 넥스트포인트 레지덴셜 트러스트(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NXRT#NYSE">NXRT</a>)와 페블브룩 호텔 트러스트(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEB#NYSE">PEB</a>)도 유사한 성명을 발표했다.

또한 읽어보기:
<ul>
<li><a href="https://kr.benzinga.com/news/usa/stocks/%ED%97%88%EB%A6%AC%EC%BC%80%EC%9D%B8-%ED%97%AC%EB%A0%8C%EC%9D%B4-%EB%85%B8%EC%8A%A4%EC%BA%90%EB%A1%A4%EB%9D%BC%EC%9D%B4%EB%82%98%EC%9D%98-%ED%95%B5%EC%8B%AC-%EC%A0%9C%EC%A1%B0%EC%97%85%EC%B2%B4/" target="_blank" rel="noopener">허리케인 헬렌이 박스터 인터내셔널의 주요 제조 허브를 폐쇄</a></li>
</ul>
사진: Florida Fish &amp; Wildlife 제공, <a href="https://www.flickr.com/photos/myfwcmedia/">Flickr</a> 크리에이티브 커먼즈
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Comments

Sun Communities

뉴스

에 대한 최신 뉴스 Sun Communities (NYSE:SUI) 주식

화요일, 10월 01, 2024

사람들이 또한 지켜본다

뉴스

파트너 / 기고자

벤징가 글로벌