Sun Communities

Sun Communities, Inc. provides real estate management services. The firm operates through the following segments: Manufactured Home Communities, Recreational Vehicle, and Marina. The Manufactured Home Communities segment owns, operates, and develops manufactured housing communities and is in the business of acquiring, operating, and developing ground up communities to provide housing solutions. The Recreational Vehicle segment focuses on the development of recreational vehicle resorts and is in the business of acquiring, operating and developing ground up resorts throughout the U.S. and in Ontario, Canada. The Marina segment operates marinas and is in the business of acquiring and operating marinas throughout the U.S. The company was founded in 1975 and is headquartered in Southfield, MI.

Earnings data Q4 2020

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Sun Communities reports record revenue gains and optimistic outlook for 2023

Sun Communities showcased robust financial results, strategic growth initiatives, and a commitment to sustainability. Analyst inquiries focused on cost management, revenue sustainability, and growth strategies. The company's outlook for 2023 remains optimistic, emphasizing long-term stability and growth potential.

Sun Communities exceeds Q1 guidance, eyes growth amid challenges

Sun Communities demonstrated strong financial performance and operational growth in Q1 2023, driven by key segments like manufactured housing and RVs.
While facing challenges such as lowered UK operations' NOI range and currency impacts, Sun remains optimistic about its long-term growth prospects.
The company's strategic initiatives, focus on sustainability, and expansion plans position it well to capitalize on growth opportunities in the market.
Overall, Sun's stable financial outlook, commitment to ESG, and selective growth strategy underline its resilience and potential for future success.

Sun Communities reports strong Q2 results, eyes growth opportunities

Sun Communities delivered solid operational performance in Q2, with a focus on optimizing its portfolio and enhancing returns. Despite challenges in the U.K. home sales business, the company remains well-positioned for growth through strategic initiatives and expansion opportunities.

Sun Communities (SUI) surpasses Q3 expectations, eyes growth opportunities

Sun Communities delivered a strong Q3 performance, exceeding expectations in core FFO and same-property NOI growth. Despite facing challenges from the macro environment and property sales issues, the company remains optimistic about future growth. Sun's focus on operational efficiency, strategic changes, and transparent financial practices position it well for continued success.

Sun Communities reports strong earnings, focuses on value creation

Sun Communities delivered solid financial performance with core FFO meeting expectations and robust same-property NOI growth.
The company is strategically focusing on capital recycling initiatives and enhancing shareholder value through increased distributions.
Challenges include noncash impairments impacting financials and market data limitations for assessing Holiday Parks transactions.
Opportunities lie in capital recycling strategies, value creation initiatives, and operational efficiency improvements for future growth.

Sun Communities excels in Q1 results amidst challenges and opportunities

Sun Communities' Q1 performance reflects strong revenue growth and strategic financial management, positioning the company for long-term success.
While facing challenges in consumer demand and revenue declines, Sun Communities remains focused on operational efficiency and financial stability.
Opportunities for growth through marketing initiatives, deleveraging strategies, and operational enhancements underscore a positive outlook for the company.
Management's proactive approach to guidance adjustments and strategic planning demonstrate adaptability and commitment to shareholder value.

Sun Communities reports solid Q2 earnings, focuses on strategic growth

Sun Communities' Q2 performance showcased strength in Manufactured Housing and Marina segments, with strategic initiatives driving revenue growth. Challenges in the RV segment and ongoing efforts on debt reduction were noted. The company's focus on long-term growth through asset recycling and revenue optimization remains key.

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This Under-the-Radar Stock Could Be One of This Summer's Hottest Buys

Southfield, MI, June 17, 2022 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured housing ("MH") communities, recreational vehicle ("RV") resorts and marinas, today announced that Gary A. Shiffman, Chairman and Chief Executive Officer of the Company, and Jeff Sills, Chief Executive Officer of the Company's subsidiary Park Holidays, will host a presentation for analysts and investors in connection with Sun Communities' UK Investor Day and Property Tour in Bexhill, United Kingdom on Tuesday, June 21, 2022, at 11:45 a.m. BST, or 6:45 a.m. ET.

Sun Communities, Inc. to Present During It's UK Investor Day and Property Tour

Company also joins United Nations Global Compact Initiative Company also joins United Nations Global Compact Initiative

Sun Communities, Inc. Releases 2021 ESG Report

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Why Sun Communities (SUI) is a Top Dividend Stock for Your Portfolio

The consensus price target hints at a 34.1% upside potential for Sun Communities (SUI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Believe Sun Communities (SUI) Could Rally 34%: Here's is How to Trade

Southfield, MI, June 03, 2022 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured housing ("MH") communities, recreational vehicle ("RV") resorts and marinas, today announced that Gary A. Shiffman, Chairman and Chief Executive Officer, will present at Nareit's REITweek: 2022 Investor Conference in New York City, New York on Wednesday, June 8, 2022, at 2:00 p.m. Eastern Time.

Sun Communities, Inc. to Present at Nareit's REITweek: 2022 Investor Conference

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Southfield, MI, June 01, 2022 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing (“MH”) communities, recreational vehicle (“RV”) resorts and marinas, today announced the dates for its second quarter 2022 earnings release and conference call.

Sun Communities, Inc. Announces Dates for Second Quarter 2022 Earnings Release and Conference Call

Southfield, MI, June 01, 2022 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing (“MH”) communities, recreational vehicle (“RV”) resorts and marinas, today announced its Board of Directors declared a quarterly distribution of $0.88 per share of common stock for the second quarter of 2022. The distribution is payable July 15, 2022 to shareholders of record on June 30, 2022.

Sun Communities, Inc. Declares Second Quarter 2022 Distribution

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Despite a plunging share price, fundamentals for SUI continue to shine. Guidance was raised for Core FFO per share and for same-property NOI growth.

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Sun Communities, Inc. (NYSE:SUI ) Q1 2022 Earnings Conference Call April 26, 2022 11:00 AM ET Company Participants Gary Shiffman - Chairman and Chief Executive Officer John McLaren - President and Chief Operating Officer Karen Dearing - Chief Financial Officer Fernando Castro-Caratini - Senior Vice President, Finance and Capital Markets Conference Call Participants Keegan Carl - Berenberg John Kim - BMO Capital Markets John Pawlowski - Green Street Advisors Nick Joseph - Citi Joshua Dennerlein - Bank of America Wes Golladay - Robert W. Baird Samir Khanal - Evercore Michael Goldsmith - UBS Anthony Powell - Barclays Operator Good morning, ladies and gentlemen and thank you for standing by.

Sun Communities, Inc. (SUI) CEO Gary Shiffman on Q1 2022 Results - Earnings Call Transcript

Southfield, MI, April 25, 2022 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the "Company"), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured housing ("MH") communities, recreational vehicle ("RV") resorts and marinas (collectively, the "properties"), today reported its first quarter results for 2022.

Sun Communities, Inc. Reports 2022 First Quarter Results

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