Stock Market Recap: Sun Communities, Inc. (SUI) Concludes at 125.08, a -1.97 Surge/Decline

Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

After finishing at $127.60 in the prior trading day, Sun Communities, Inc. (NYSE: SUI) closed at $125.08, down -1.97%. In other words, the price has decreased by -$1.97 from its previous closing price. On the day, 1.11 million shares were traded. SUI stock price reached its highest trading level at $128.045 during the session, while it also had its lowest trading level at $123.95.

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 149.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.16. In the meantime, Its Debt-to-Equity ratio is 1.17 whereas as Long-Term Debt/Eq ratio is at 1.17.

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, Evercore ISI on September 16, 2024, Downgraded its rating to In-line and sets its target price to $149 from $144 previously.

On January 30, 2024, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $129.

Truist Downgraded its Buy to Hold on January 16, 2024, whereas the target price for the stock was revised from $130 to $143.

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 16215871488 and an Enterprise Value of 23595509760. As of this moment, Sun’s Price-to-Earnings (P/E) ratio for their current fiscal year is 146.82, and their Forward P/E ratio for the next fiscal year is 57.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 43.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.79 while its Price-to-Book (P/B) ratio in mrq is 2.26. Its current Enterprise Value per Revenue stands at 7.348 whereas that against EBITDA is 18.727.

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 $102.74. The 50-Day Moving Average of the stock is -7.28%, while the 200-Day Moving Average is calculated to be -1.53%.

Shares Statistics:

The stock has traded on average 822.37K shares per day over the past 3-months and 1359360 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 123.07M. Insiders hold about 1.48% of the company’s shares, while institutions hold 98.06% stake in the company. Shares short for SUI as of 1726185600 were 4047985 with a Short Ratio of 4.92, compared to 1723680000 on 1577205. Therefore, it implies a Short% of Shares Outstanding of 4047985 and a Short% of Float of 4.3899998.

Dividends & Splits

In the trailing 12 months, SUI’s forward annual dividend rate was 3.74, compared to 3.75 this year. Against a Trailing Annual Dividend Yield of 0.029310346The stock’s 5-year Average Dividend Yield is 2.33.

Most Popular