Sun Communities Inc
Exchange: NYSESector: Real EstateIndustry: REIT - Residential
Sun Communities, Inc. is a REIT that, as of September 30, 2024, owned, operated, or had an interest in a portfolio of 659 developed properties comprising approximately 179,130 developed sites and approximately 48,760 wet slips and dry storage spaces in the United States, Canada, and the United Kingdom.
Did you know?
Net income compounded at 42.6% annually over 6 years.
Current Price
$126.55
-1.01%GoodMoat Value
$272.78
115.6% undervaluedProfile
Valuation (TTM)
Market Cap$15.59B
P/E11.17
EV—
P/B2.24
Shares Out123.18M
P/Sales6.65
Revenue$2.34B
EV/EBITDA9.47
Sun Communities Inc (SUI) Stock Analysis
Market Cap$15.59B
Current Price$126.55
P/E Ratio11.17
Forward P/E—
PEG Ratio-0.14
EPS$10.84
Book Value$56.47
P/B Ratio2.24
SUI Financial Charts
FCF vs CAPEX
FCFCAPEX
Cash vs Debt
Net Debt: 3.6B
Revenue
1.3B
FY19
1.4B
FY20
2.3B
FY21
3.0B
FY22
2.3B
FY23
2.3B
FY24
2.3B
FY25
Net Income
162M
FY19
132M
FY20
380M
FY21
242M
FY22
—
FY23
89M
FY24
1.4B
FY25
SUI 52-Week Range
$113.69
$135.97
50-Day MA: $130.22200-Day MA: $125.23
Did you know?
SUI's revenue grew at a 10.5% CAGR over the last 6 years.
Sun Communities Inc (SUI) Financial Summary
Sun Communities Inc (SUI) is a Real Estate company in the REIT - Residential industry, listed on NYSE. The stock currently trades at $126.55 with a market capitalization of $15.59B.
Key valuation metrics include a P/E ratio of 11.17, price-to-book ratio of 2.24, and EPS of $10.84. The company reports a profit margin of 59.5% and return on equity of 20.1%.
SUI Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $15.59B |
| P/E Ratio | 11.17 |
| EPS | $10.84 |
| P/B Ratio | 2.24 |
| P/S Ratio | 6.65 |
| EV/EBITDA | 9.47 |
| Dividend Yield | 6.70% |
| Profit Margin | 59.5% |
| Return on Equity | 20.1% |
| Debt/Equity | 0.61 |
SUI Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $1.26B | $161.55M |
| FY20 | $1.40B | $131.60M |
| FY21 | $2.27B | $380.20M |
| FY22 | $2.97B | $242.00M |
| FY23 | $2.28B | $-213.30M |
| FY24 | $2.26B | $89.00M |
| FY25 | $2.31B | $1.36B |
Sun Communities Inc (SUI) Valuation
Based on GoodMoat's DCF model, Sun Communities Inc has a fair value estimate of $272.78. At the current price of $126.55, the stock appears 53.6% undervalued relative to our intrinsic value estimate.
SUI Quality Indicators
Sun Communities Inc maintains a profit margin of 59.5% and an operating margin of 4.4%. Return on equity stands at 20.1%. Debt-to-equity ratio is 0.61.
About Sun Communities Inc
Sun Communities, Inc. is a REIT that, as of September 30, 2024, owned, operated, or had an interest in a portfolio of 659 developed properties comprising approximately 179,130 developed sites and approximately 48,760 wet slips and dry storage spaces in the United States, Canada, and the United Kingdom.
SUI Free Cash Flow
Sun Communities Inc generated $120.40M in trailing twelve-month free cash flow, representing an FCF yield of 0.77%. This low FCF yield may reflect heavy reinvestment or growth spending.
SUI Shares Outstanding
Sun Communities Inc has 0.12 billion shares outstanding at a share price of $126.55, giving it a market capitalization of $15.59B.