Sun Communities, Inc. with ticker code (SUI) have now 12 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 158 and 129 calculating the mean target price we have $148.42. Now with the previous closing price of $124.19 this would indicate that there is a potential upside of 19.5%. It’s also worth noting that there is a 50 day moving average of $127.31 while the 200 day moving average is $136.90. The market cap for the company is 16.08B. The stock price is currently at: 124.12 USD
The potential market cap would be $19,214,304,175 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 67.09, revenue per share of 25.05 and a 2.19% return on assets.
Sun Communities, Inc. is a fully integrated real estate investment trust. The Company owns manufactured housing (MH) and recreational vehicle (RV) communities and marinas in the United States, the United Kingdom and Canada (collectively, properties). It owns and operates, directly or indirectly, or has an interest in, a portfolio of approximately 669 properties located in the United States, the United Kingdom and Canada, including 353 MH communities, 182 RV communities, and 134 marinas. It has three segments: MH communities, RV communities and Marinas. The MH communities segment offers affordable housing to individuals and families, while also providing certain amenities. The RV communities offers affordable vacation opportunities to individuals and families with various amenities. The properties contained an aggregate of 227,541 developed sites comprised of 118,204 developed MH sites, 30,333 annual RV sites, 31,181 transient RV sites, and 47,823 wet slips and dry storage spaces.
