about us: sun communities, inc is the nation's premier provider of manufactured home communities and rv resorts. to find out more about what we have to offer, visit a community near you or contact us. our culture: we have built our culture around a simple customer service philosophy: the golden rule. we treat others the way we want to be treated. our team is considered one of our most valuable assets, and we ensure we offer a fun and rewarding workplace! we are committed to the encouragement of personal growth and are pleased to offer opportunities for advancement to qualified individuals. our formal training programs, on-the-job training activities, and customized development plans help support team members to accomplish their goals. accolades: we've been ranked as a “top 100 workplace” by the detroit free press for the past 6 consecutive years. in 2011, we were proud to be recognized as one of crain’s “cool places to work,” and in 2012, we received the american heart association's pr
Company profile
Ticker
SUI
Exchange
Website
CEO
Gary Shiffman
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Sun Communities Operating Limited Partnership • 481 Associates, a Florida general partnership • 1008 Tuscany, LLC • AIOP Brentwood West, L.L.C. • AIOP Florida Properties I, L.L.C. • AIOP Florida Properties II, L.L.C. • AIOP Gulfstream Harbor, L.L.C. • AIOP Gulfstream Outlots, L.L.C. • AIOP Lost Dutchman Notes, L.L.C. • AIOP Serendipity, L.L.C. ...
IRS number
382730780
SUI stock data
Latest filings (excl ownership)
8-K
Unregistered Sales of Equity Securities
3 Apr 24
ARS
2024 FY
Annual report to shareholders
1 Apr 24
DEFA14A
Additional proxy soliciting materials
1 Apr 24
DEF 14A
Definitive proxy
1 Apr 24
S-3ASR
Automatic shelf registration
29 Mar 24
8-K
Unregistered Sales of Equity Securities
21 Mar 24
8-K
Regulation FD Disclosure
1 Mar 24
10-K
2023 FY
Annual report
27 Feb 24
8-K
Earnings Press Release & Supplemental Operating and Financial Data
20 Feb 24
8-K
Entry into a Material Definitive Agreement
16 Feb 24
Transcripts
SUI
Earnings call transcript
2023 Q4
21 Feb 24
SUI
Earnings call transcript
2023 Q3
26 Oct 23
SUI
Earnings call transcript
2023 Q2
27 Jul 23
SUI
Earnings call transcript
2023 Q1
27 Apr 23
SUI
Earnings call transcript
2022 Q4
23 Feb 23
SUI
Earnings call transcript
2022 Q3
25 Oct 22
SUI
Earnings call transcript
2022 Q2
26 Jul 22
SUI
Earnings call transcript
2022 Q1
26 Apr 22
SUI
Earnings call transcript
2021 Q4
22 Feb 22
SUI
Earnings call transcript
2021 Q3
26 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 62.00 mm | 62.00 mm | 62.00 mm | 62.00 mm | 62.00 mm | |
Cash burn (monthly) | 2.23 mm | 4.17 mm | (no burn) | (no burn) | (no burn) | |
Cash used (since last report) | 15.44 mm | 28.81 mm | n/a | n/a | n/a | |
Cash remaining | 46.56 mm | 33.19 mm | n/a | n/a | n/a | |
Runway (months of cash) | 20.8 | 8.0 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
96.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 488 |
Opened positions | 62 |
Closed positions | 60 |
Increased positions | 199 |
Reduced positions | 162 |
13F shares | Current |
---|---|
Total value | 14.18 tn |
Total shares | 120.15 mm |
Total puts | 91.50 k |
Total calls | 72.00 k |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 17.54 mm | $2.08 tn |
CNS Cohen & Steers | 13.67 mm | $1.62 tn |
BLK Blackrock | 10.87 mm | $1.29 tn |
JPM JPMorgan Chase & Co. | 6.57 mm | $777.17 bn |
STT State Street | 5.91 mm | $704.78 bn |
PFG Principal Financial Group Inc - Registered Shares | 4.52 mm | $535.33 bn |
IVZ Invesco | 2.58 mm | $305.82 bn |
DSECF Daiwa Securities | 2.57 mm | $303.33 bn |
FMR | 2.41 mm | $284.80 bn |
Massachusetts Financial Services | 2.31 mm | $273.71 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 24 | Marc Farrugia | COMMON STOCK, $0.01 PAR VALUE | Payment of exercise | Dispose F | No | No | 120.42 | 216 | 26.01 k | 31,904 |
15 Apr 24 | Bruce Thelen | COMMON STOCK, $0.01 PAR VALUE | Payment of exercise | Dispose F | No | No | 120.42 | 559 | 67.31 k | 49,221 |
15 Apr 24 | Fernando Castro-Caratini | COMMON STOCK, $0.01 PAR VALUE | Payment of exercise | Dispose F | No | No | 120.42 | 1,000 | 120.42 k | 48,546 |
12 Apr 24 | Marc Farrugia | COMMON STOCK, $0.01 PAR VALUE | Gift | Acquire G | Yes | No | 0 | 2,612 | 0.00 | 7,705 |
12 Apr 24 | Marc Farrugia | COMMON STOCK, $0.01 PAR VALUE | Gift | Dispose G | Yes | No | 0 | 82 | 0.00 | 619 |
12 Apr 24 | Marc Farrugia | COMMON STOCK, $0.01 PAR VALUE | Gift | Dispose G | No | No | 0 | 2,530 | 0.00 | 32,120 |
28 Mar 24 | Baxter Underwood | COMMON STOCK, $0.01 PAR VALUE | Payment of exercise | Dispose F | No | No | 128.58 | 390 | 50.15 k | 66,462 |
News
Sun Communities Stock: A Deep Dive Into Analyst Perspectives (5 Ratings)
23 Apr 24
JMP Securities Reiterates Market Outperform on Sun Communities, Maintains $150 Price Target
23 Apr 24
These 3 Real Estate Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts
3 Apr 24
Compass Point Maintains Neutral on Sun Communities, Raises Price Target to $125
21 Mar 24
JMP Securities Reiterates Market Outperform on Sun Communities, Maintains $150 Price Target
20 Mar 24
Press releases
Land & Buildings Issues Letter to Shareholders of National Health Investors Announcing its Intention to Vote Against Two Directors at 2024 Annual Meeting
18 Apr 24
Sun Communities, Inc. Releases 2023 ESG Report
4 Apr 24
Sun Communities, Inc. Announces Dates for First Quarter 2024 Earnings Release and Conference Call
2 Apr 24
Sun Communities, Inc. Declares First Quarter 2024 Distribution
1 Mar 24
Sun Communities, Inc. to Present at the 2024 CITI Global Property CEO Conference
29 Feb 24