Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now NYSE - Nasdaq Real Time Price • USD Sun Communities, Inc. (SUI) Follow Compare 131.87 -2.05 (-1.53%) As of 11:18:29 AM EST. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations If You Invested $10K In Sun Communities Stock 10 Years Ago, How Much Would You Have Now? Sun Communities (NYSE:SUI) is a fully integrated REIT that owns, operates, or has an interest in a portfolio of 667 developed MH, RV and Marina properties comprising 179,310 developed sites and approximately 48,030 wet slips and dry storage spaces in the U.S., the UK and Canada. It is set to report its Q1 2025 earnings on April 28. Wall Street analysts expect the company to post revenues of $702.44 million, up from $671.30 million in the year-ago period. Don't Miss: The average American couple h Q4 2024 Sun Communities Inc Earnings Call Q4 2024 Sun Communities Inc Earnings Call Sun Communities Inc (SUI) Q4 2024 Earnings Call Highlights: Strategic Asset Sales and Strong ... Sun Communities Inc (SUI) reports a robust quarter with significant asset sales and improved financial metrics, despite facing some expense challenges. Sun Communities, Inc. to Present at the Citi 2025 Global Property CEO Conference Southfield, MI, Feb. 27, 2025 (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”) and recreational vehicle (“RV”) communities and marinas, today announced that Gary A. Shiffman, Chairman and Chief Executive Officer, will present at the 2025 Citi Global Property CEO Conference in Hollywood, Florida, on Monday, March 3, 2025, at 1:30 p.m. Eastern Standard Time. For Sun Communities (SUI) Beats Q4 FFO and Revenue Estimates Sun Communities (SUI) delivered FFO and revenue surprises of 1.44% and 3.69%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock? Sun Communities: Q4 Earnings Snapshot The real estate investment trust, based in Southfield, Michigan, said it had funds from operations of $186.4 million, or $1.41 per share, in the period. The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of $1.39 per share. Funds from operations is a closely watched measure in the REIT industry. Sun Communities Reports 2024 Fourth Quarter and Full Year Results; Provides 2025 Guidance Net Income / (Loss) per Diluted Share of $(1.77) and $0.71 for the Quarter and Full Year Core FFO per Share of $1.41 and $6.81 for the Quarter and Full Year North America Same Property NOI increased by 5.7% for the Quarter and 4.1% for the Full Year of 2024 versus corresponding 2023 Periods North America Same Property Adjusted Blended Occupancy for MH and RV of 99.0% represents a 160 basis point year-over-year increase Expecting North American Same Property NOI Growth of 4.3% - 5.6% Expecting UK This Top-Performing Investment's Big Splash Is Paying Off via a $1.3 Billion Windfall Profit Sun Communities (NYSE: SUI) made a big splash during the pandemic. The real estate investment trust (REIT) expanded its niche property focus into the marina sector by acquiring Safe Harbor Marinas for about $2.1 billion. The REIT is now cashing in on this investment. Veris Residential (VRE) Q4 FFO and Revenues Miss Estimates Veris (VRE) delivered FFO and revenue surprises of -8.33% and 1.29%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock? Sun Communities to Sell Marinas Business to Blackstone for $5.65 Billion The all-cash purchase of Safe Harbor Marinas by affiliates of Blackstone Infrastructure is expected to close in the second quarter. Top Midday Stories: Apple to Invest $500 Billion in US; Apollo Acquires Bridge Investment for $1.5 Billion The S&P 500 Index was edging higher and the Nasdaq Composite was down in late-morning trading Monday Blackstone Buys Superyacht and Marina Servicer for $5.65 Billion (Bloomberg) -- A unit of Blackstone Inc. agreed to acquire a marina and yacht servicing business for $5.65 billion in a bet on US boaters. Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Airbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthAs Visitors Discover Ghent, the City Is Trying to Prevent a Tourism TakeoverSun Communities Inc REIT Sun Communities to sell superyacht unit to Blackstone for $5.65 billion (Reuters) -Sun Communities will sell its superyacht servicing business for $5.65 billion in cash, as the real estate investment trust aims to focus on its core segments and reduce debt, sending its shares up more than 5%. The REIT expects the sale of Safe Harbor Marinas to Blackstone Infrastructure, an investment fund managed by the world's largest alternative asset manager Blackstone, to close in the second half of 2025, the companies said on Monday. The decision comes after Sun — which owns and operates manufactured housing (MH), recreational vehicle communities and marinas in the U.S., UK and Canada — announced measures to cut costs and boost revenue contribution from its high-margin core units. SUN COMMUNITIES, INC. ANNOUNCES SALE OF SAFE HARBOR MARINAS TO BLACKSTONE INFRASTRUCTURE IN AN ALL-CASH TRANSACTION FOR $5.65 BILLION Strategically Repositions Company as a Pure-Play MH and RV Focused REIT; Enhances Flexibility Through Substantial De-Leveraging and Improves Margin and Cash Flow ProfileSouthfield, MI, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the "Company" or “Sun”), a real estate investment trust (“REIT”) that owns and operates or has an interest in manufactured housing (“MH”) and recreational vehicle (“RV”) communities, today announced that it has entered into a definitive agreement 1 Magnificent Dividend Stock Down 15% to Buy and Hold Forever Resilient demand is one of the many factors that has made Sun Communities (NYSE: SUI) -- a leading owner of manufactured housing communities -- a magnificent investment over the years with 12.6% annualized total return since its IPO. Despite its durable growth, the dividend-paying real estate investment trust (REIT) currently sits more than 15% below its 52-week high. Sun Communities has delivered extremely reliable growth over the past couple of decades. Sun Communities, Inc. Announces Date for Fourth Quarter 2024 Earnings Release and Conference Call Southfield, MI, Feb. 18, 2025 (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”) and recreational vehicle (“RV”) communities and marinas, announces it will release fourth quarter 2024 operating results after the market closes on Wednesday, February 26, 2025. The Company will host a conference call to discuss these results on Thursday, February 27, 2025, at 2:00 P Sun Communities: Buy, Sell, or Hold? Sun Communities (NYSE: SUI) is a manufactured housing real estate investment trust (REIT). To decide if you want to buy, sell, or hold this REIT, you need to look at what's happening today, consider the future opportunities it has, and take the risk/reward balance into consideration. The biggest piece of Sun Communities' business is its manufactured housing communities, with the vast majority located in the U. S. It owns some U.K.-based communities, as well. Better Dividend Stock: Equity LifeStyle Properties vs. Sun Communities Going off the beaten path to focus on an underappreciated niche market can be a rewarding investment strategy. Sun Communities (NYSE: SUI) and Equity LifeStyle Properties (NYSE: ELS) are leaders in owning manufactured home communities and other niche property types. Here's a look at which of these residential REITs is the better buy for dividend income right now. Where Will Sun Communities Stock Be in 3 Years? This sleepy REIT faces tougher near-term challenges than its industry peers. Sun Communities, Inc. Announces Tax Treatment of 2024 Distributions Southfield, MI, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the "Company") announced the tax treatment of its 2024 common share distributions. Common Shares (CUSIP No. 866674104) - SUI DeclaredDateRecordDatePayableDateDistribution($ per share)Ordinary Taxable Dividend (2)($ per share)Qualified Taxable Dividend (2)($ per share)Non Dividend Distribution($ per share)12/01/2312/29/2301/16/24$0.930000$0.490122$0.000000$0.03533403/01/2403/29/2404/15/24$0.940000$0.495392$0.00000 Performance Overview Trailing total returns as of 3/6/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return SUI S&P 500 YTD +7.23% -1.28% 1-Year +3.37% +13.74% 3-Year -21.23% +34.13%