Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Sun Communities, Inc (NYSE: SUI) closed the day trading at $124.17 down -2.32% from the previous closing price of $127.12. In other words, the price has decreased by -$2.32 from its previous closing price. On the day, 1.25 million shares were traded. SUI stock price reached its highest trading level at $125.5 during the session, while it also had its lowest trading level at $123.52.
Ratios:
For a better understanding of SUI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 193.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.84. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 1.01.
On November 07, 2024, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $145 to $126.
On October 17, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $160.Jefferies initiated its Buy rating on October 17, 2024, with a $160 target price.
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 16464569344 and an Enterprise Value of 23362553856. As of this moment, Sun’s Price-to-Earnings (P/E) ratio for their current fiscal year is 67.01, and their Forward P/E ratio for the next fiscal year is 58.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 19.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.91 while its Price-to-Book (P/B) ratio in mrq is 2.12. Its current Enterprise Value per Revenue stands at 7.334 whereas that against EBITDA is 19.194.
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 -7.98%, while the 200-Day Moving Average is calculated to be -2.26%.
Shares Statistics:
Over the past 3-months, SUI traded about 1.04M shares per day on average, while over the past 10 days, SUI traded about 1332320 shares per day. A total of 127.39M shares are outstanding, with a floating share count of 125.59M. Insiders hold about 1.41% of the company’s shares, while institutions hold 95.25% stake in the company. Shares short for SUI as of 1728950400 were 1408613 with a Short Ratio of 1.33, 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
SUI’s forward annual dividend rate is 3.75, up from 3.75 a year ago. Against a Trailing Annual Dividend Yield of 0.029499685The stock’s 5-year Average Dividend Yield is 2.34.
