Sun Communities, Inc. (NYSE: SUI) is -15.62% lower on its value in year-to-date trading and has touched a low of $102.74 and a high of $141.52 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SUI stock was last observed hovering at around $111.32 in the last trading session, with the day’s gains setting it 1.46%.
Currently trading at $112.78, the stock is -6.45% and -10.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.53 million and changing 1.31% at the moment leaves the stock -9.65% off its SMA200. SUI registered -18.97% loss for a year compared to 6-month gain of 2.79%.
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The stock witnessed a -8.53% loss in the last 1 month and extending the period to 3 months gives it a -10.03%, and is -6.25% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.40% over the week and 1.99% over the month.
Sun Communities, Inc. (SUI) has around 6780 employees, a market worth around $14.03B and $3.26B in sales. Current P/E ratio is 97.48 and Fwd P/E is 60.67. Profit margin for the company is 4.38%. Distance from 52-week low is 9.77% and -20.31% from its 52-week high. The company has generated returns on investments over the last 12 months (0.98%).
The EPS is expected to grow by 203.25% this year
The shares outstanding are 124.44M, and float is at 122.74M with Short Float at 1.33%.
Sun Communities, Inc. (SUI) Insider Activity
The most recent transaction is an insider sale by Leupold Craig, the company’s Director. SEC filings show that Leupold Craig sold 2,500 shares of the company’s common stock on Mar 28 ’24 at a price of $128.39 per share for a total of $0.32 million. Following the sale, the insider now owns 0.0 shares.
Sun Communities, Inc. disclosed in a document filed with the SEC on Mar 22 ’24 that Underwood Baxter (CEO – Safe Harbor Marinas, LLC) sold a total of 4,000 shares of the company’s common stock. The trade occurred on Mar 22 ’24 and was made at $131.48 per share for $0.53 million. Following the transaction, the insider now directly holds 66852.0 shares of the SUI stock.
Still, SEC filings show that on Mar 05 ’24, LEWIS CLUNET R (Director) disposed off 500 shares at an average price of $131.13 for $65565.0. The insider now directly holds 28,400 shares of Sun Communities, Inc. (SUI).
