SUI - SUN COMMUNITIES （）

Southfield, MI, Dec. 01, 2022 (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 (“MH”) communities, recreational vehicle (“RV”) resorts and marinas, today announced the dates for its fourth quarter 2022 earnings release and conference call.

https://www.investing.com/news/pro/sun-communities-pt-raised-to-163-at-truist-securities-432SI-2954875

https://www.investing.com/news/pro/sun-communities-pt-lowered-to-168-at-baird-432SI-2951936

The following slide deck was published by Sun Communities, Inc.

Equity LifeStyle Properties and Sun Communities reported third-quarter 2022 earnings over the past week. Read why both companies are positioned well to meet the challenges expected for 2023.

Real estate investment trusts, or REITs, are companies that own income-producing property. They are attractive investments because they must distribute a minimum of 90% of their taxable profits as dividends to investors. Investing in REITs will make your portfolio more diverse. Each REIT has a different investment focus, ranging from office buildings and shopping malls to apartments and warehouses. Hence, you cannot afford to ignore REITs trading at a discount. Investing in a REIT can help to mitigate some of the risks associated with investing in a single property. REITs are usually a more stable investment because they’re required to pay out most of the money they make through certain types of dividends. For these reasons, REITs can be attractive for investors looking for diversification and income. 7 Blue-Chip Stocks to Buy Before the Bull Market Returns It’s not difficult to get drawn in by the market right now and make a snap decision. However, we want you to consider REITs trading at a steep discount.

Sun Communities found using ticker (SUI) now have 11 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 210 and 170 calculating the average target price we see 193.27. Now with the previous closing price of 163.38 this is indicating there is a potential upside of 18.3%. There is a 50 day moving average of 159.68 and the 200 day moving average is 181.17. The company has a market cap of $20,641m. Company Website: https://www.suncommunities.com [stock_market_widget type="chart" template="basic" color="green" assets="SUI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $24,417m based on the market concensus. Sun Communities 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.

https://www.investing.com/news/pro/sun-communities-pt-lowered-to-189-at-rbc-capital-432SI-2855040

Sun Communities, Inc. (NYSE:NYSE:SUI) Q2 2022 Earnings Conference Call July 26, 2022 11:00 AM ET Company Participants Gary Shiffman - Chairman & CEO John McLaren - President & COO…

https://www.investing.com/news/pro/sun-communities-pt-lowered-to-175-at-cfra-432SI-2854270

Livforsakringsbolaget Skandia Omsesidigt trimmed its stake in Sun Communities, Inc. (NYSE:SUI) by 33.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,400 shares of the real estate investment trusts stock after selling 700 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigts holdings in []

Analysts forecast that Sun Communities, Inc. (NYSE:SUI) will report earnings of $1.30 per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Sun Communities earnings. Sun Communities posted earnings of $1.16 per share in the same quarter last year, which would suggest a positive year over year []

Sun Communities (NYSE:SUI) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Friday, Zacks.com reports. The firm currently has a $225.00 target price on the real estate investment trust’s stock. Zacks Investment Research‘s price target suggests a potential upside of 13.65% from the company’s […]

Sun Communities was downgraded by Zacks Investment Research from a buy rating to a hold rating in a research note issued on Saturday, Zacks.com reports. According to Zacks

Sun Communities (NYSE:SUI) was downgraded by Zacks Investment Research from a buy rating to a hold rating in a research note issued on Saturday, Zacks.com reports. According to Zacks, Sun Communities, Inc. owns, operates & finances manufactured housing communities concentrated in the midwestern & southeastern US. The Company is a fully integrated real estate company [] The post Sun Communities (NYSE:SUI) Stock Rating Lowered by Zacks Investment Research appeared first on ETF Daily News .