In Thursday’s Wall Street session, Sun Communities, Inc (NYSE:SUI) shares traded at $123.31, up 1.32% from the previous session.
SUI stock price is now -3.64% away from the 50-day moving average and -4.16% away from the 200-day moving average. The market capitalization of the company currently stands at $15.73B.
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With the price target of $150, Jefferies recently initiated with Buy rating for Sun Communities, Inc (NYSE: SUI). , while ‘UBS’ rates the stock as ‘Neutral’
In other news, Underwood Baxter, CEO – Safe Harbor Marinas, LLC sold 3,000 shares of the company’s stock on Aug 05 ’24. The stock was sold for $394,290 at an average price of $131.43. Upon completion of the transaction, the CEO – Safe Harbor Marinas, LLC now directly owns 63,462 shares in the company, valued at $7.83 million. A total of 1.26% of the company’s stock is owned by insiders.
During the past 12 months, Sun Communities, Inc has had a low of $109.22 and a high of $147.35. According to the stock market information, the enterprise value for the company is $23650801664, which is based on a 165.12 price-to-earnings ratio, a 2.78 price-to-earnings-growth ratio, and a beta of 0.87. The fifty day moving average price for SUI is $127.966 and a two-hundred day moving average price translates $128.79205 for the stock.
The latest earnings results from Sun Communities, Inc (NYSE: SUI) was released for 2024-12-31. The net profit margin was 2.64% and return on equity was 1.39% for SUI. The company reported revenue of $745.9 million for the quarter, compared to $726.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.64 percent.
