Sun Communities, Inc. – Consensus Indicates Potential 18.9% Upside

Broker Ratings
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Sun Communities, Inc. with ticker code (SUI) now have 10 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 185 and 153 and has a mean target at $165.30. Now with the previous closing price of $139.00 this now indicates there is a potential upside of 18.9%. It’s also worth noting that there is a 50 day moving average of $148.99 and the 200 day MA is $149.31. The market cap for the company is $17,542m. Visit the company website at: https://www.suncommunities.com

The potential market cap would be $20,861m based on the market consensus.

Sun Communities, Inc. is a REIT that, as of March 31, 2022, owned, operated, or had an interest in a portfolio of 603 developed MH, RV and marina properties comprising nearly 159,300 developed sites and over 45,700 wet slips and dry storage spaces in 39 states, Canada, Puerto Rico and the UK.

The company has a dividend yield of 2.7% with the ex dividend date set at 29-12-2022 (DMY).

Other points of data to note are a P/E ratio of 68.63, revenue per share of 24.44 and a 2.42% return on assets.

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