SUI Stock Recent News

Sun Communities (SUI) came out with quarterly funds from operations (FFO) of $1.19 per share, beating the Zacks Consensus Estimate of $1.16 per share. This compares to FFO of $1.23 per share a year ago.

Inflation is rising, with the consumer price index showing increases in both headline and core CPI. Higher inflation is not favorable for stocks and consumers, particularly lower-income households struggling with housing affordability. Manufactured housing emerges as a potential solution to the housing crisis, offering savings compared to traditional homes. Equity LifeStyle Properties and Sun Communities are prime investment opportunities in the sector.

Southfield, MI, April 02, 2024 (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 and recreational vehicle communities and marinas (collectively, the "properties"), announces it will release first quarter 2024 operating results after the market closes on Monday, April 29, 2024. The Company will host a conference call to discuss these results on Tuesday, April 30, 2024, at 2:00 P.M. ET.

Rental properties aren't the most passive way to generate income. REITs are a great way to start collecting passive income.

Sun Communities is a leading REIT in the manufactured housing, RV, and marina segments with a consistent track record of growth and strong shareholder returns.

Sun Communities: Growth At A High Price

Southfield, MI, Feb. 29, 2024 (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 and recreational vehicle communities and marinas, today announced that Gary A. Shiffman, Chairman, President and Chief Executive Officer, will present at the 2024 Citi Global Property CEO Conference in Hollywood, Florida, on Tuesday, March 5, 2024, at 1:30 p.m. Eastern Standard Time.

Sun Communities, Inc. (SUI) Q4 2023 Earnings Call Transcript

Southfield, MI, Jan. 03, 2024 (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 and recreational vehicle communities and marinas (collectively, the "properties"), announces it will release fourth quarter 2023 operating results after the market closes on Tuesday, February 20, 2024. The Company will host a conference call to discuss these results on Wednesday, February 21, 2024, at 11:00 A.M. ET.

Sun Communities is a residential REIT with a track record of operational excellence and a diversified portfolio of properties. The company has strong demand and positive trends in its manufactured housing, RV communities, and marinas. Despite a low dividend yield, Sun Communities is undervalued and has a potential upside, making it a good investment opportunity.