Sun Communities (NYSE:SUI) Releases Q1 2025 Earnings Guidance

Sun Communities (NYSE:SUI) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.140-1.220 for the period, compared to the consensus earnings per share estimate of 1.280. The company issued revenue guidance of -. Sun Communities also updated its FY 2025 guidance to 6.820-7.060 EPS.

Sun Communities Stock Performance

NYSE:SUI traded up $0.63 during mid-day trading on Thursday, hitting $134.60. The stock had a trading volume of 180,863 shares, compared to its average volume of 797,806. The stock has a market capitalization of $17.15 billion, a price-to-earnings ratio of 72.36 and a beta of 0.90. The company has a 50 day simple moving average of $125.30 and a 200-day simple moving average of $129.55. Sun Communities has a 52 week low of $110.98 and a 52 week high of $147.83. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.93.

Sun Communities (NYSE:SUI) last released its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.02. Sun Communities had a net margin of 7.46% and a return on equity of 3.21%. The company had revenue of $745.90 million for the quarter, compared to the consensus estimate of $724.68 million. On average, research analysts expect that Sun Communities will post 6.77 earnings per share for the current fiscal year.

Sun Communities Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.94 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $3.76 annualized dividend and a dividend yield of 2.79%. Sun Communities’s dividend payout ratio is currently 202.15%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. StockNews.com downgraded shares of Sun Communities from a “hold” rating to a “sell” rating in a research report on Wednesday, November 20th. Jefferies Financial Group lowered their price target on shares of Sun Communities from $145.00 to $142.00 and set a “buy” rating on the stock in a report on Thursday, January 2nd. Robert W. Baird lowered shares of Sun Communities from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $145.00 to $126.00 in a report on Thursday, November 7th. Truist Financial raised shares of Sun Communities from a “hold” rating to a “buy” rating in a report on Friday, January 17th. Finally, UBS Group lowered shares of Sun Communities from a “buy” rating to a “neutral” rating and lowered their price target for the company from $155.00 to $134.00 in a report on Thursday, November 14th. Two analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Sun Communities has a consensus rating of “Hold” and an average target price of $134.55.

Sun Communities Company Profile

Established in 1975, Sun Communities, Inc became a publicly owned corporation in December 1993. The Company is a fully integrated REIT listed on the New York Stock Exchange under the symbol: SUI. As of December 31, 2023, the Company owned, operated, or had an interest in a portfolio of 667 developed MH, RV and Marina properties comprising 179,310 developed sites and approximately 48,030 wet slips and dry storage spaces in the U.S., the UK and Canada.