Closing Figures: Sun Communities, Inc (SUI)’s Negative Finish at 123.22, Down -6.48

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After finishing at $131.76 in the prior trading day, Sun Communities, Inc (NYSE: SUI) closed at $123.22, down -6.48%. In other words, the price has decreased by -$6.48 from its previous closing price. On the day, 4.75 million shares were traded. SUI stock price reached its highest trading level at $123.97 during the session, while it also had its lowest trading level at $119.0.

Ratios:

Our goal is to gain a better understanding of SUI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 188.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.90. In the meantime, Its Debt-to-Equity ratio is 0.98 whereas as Long-Term Debt/Eq ratio is at 0.96.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Robert W. Baird on Nov-08-24, Downgraded its rating to Neutral and sets its target price to $126 from $145 previously.

On October 17, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $160.

Evercore ISI Downgraded its Outperform to In-line on September 16, 2024, whereas the target price for the stock was revised from $144 to $149.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 05 ’24 when Underwood Baxter sold 3,000 shares for $131.43 per share. The transaction valued at 394,290 led to the insider holds 63,462 shares of the business.

Leupold Craig sold 2,500 shares of SUI for $320,986 on Mar 28 ’24. The Director now owns 0 shares after completing the transaction at $128.39 per share. On Mar 22 ’24, another insider, Underwood Baxter, who serves as the CEO – Safe Harbor Marinas, LLC of the company, sold 4,000 shares for $131.48 each. As a result, the insider received 525,920 and left with 66,852 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SUI now has a Market Capitalization of 17441298432 and an Enterprise Value of 22642880512. As of this moment, Sun’s Price-to-Earnings (P/E) ratio for their current fiscal year is 65.92, and their Forward P/E ratio for the next fiscal year is 57.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 19.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.78 while its Price-to-Book (P/B) ratio in mrq is 2.11. Its current Enterprise Value per Revenue stands at 7.172 whereas that against EBITDA is 18.939.

Stock Price History:

Over the past 52 weeks, SUI has reached a high of $147.83, while it has fallen to a 52-week low of $110.98. The 50-Day Moving Average of the stock is -9.05%, while the 200-Day Moving Average is calculated to be -3.00%.

Shares Statistics:

The stock has traded on average 951.25K shares per day over the past 3-months and 914230 shares per day over the last 10 days, according to various share statistics. A total of 124.44M shares are outstanding, with a floating share count of 123.24M. Insiders hold about 1.34% of the company’s shares, while institutions hold 97.17% stake in the company. Shares short for SUI as of 1728950400 were 1408613 with a Short Ratio of 1.48, compared to 1726185600 on 4047985. Therefore, it implies a Short% of Shares Outstanding of 1408613 and a Short% of Float of 1.53.

Dividends & Splits

In the trailing 12 months, SUI’s forward annual dividend rate was 0.93, compared to 3.75 this year. Against a Trailing Annual Dividend Yield of 0.007058288The stock’s 5-year Average Dividend Yield is 2.34.

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