In the last three months, 10 analysts have published ratings on Sun Communities SUI, offering a diverse range of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 2 | 6 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 1 | 0 |
| 2M Ago | 1 | 2 | 2 | 0 | 0 |
| 3M Ago | 0 | 0 | 2 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $139.1, with a high estimate of $160.00 and a low estimate of $114.00. Experiencing a 3.18% decline, the current average is now lower than the previous average price target of $143.67.
Breaking Down Analyst Ratings: A Detailed Examination
An in-depth analysis of recent analyst actions unveils how financial experts perceive Sun Communities. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Anthony Hau | Truist Securities | Lowers | Hold | $131.00 | $138.00 |
| Michael Goldsmith | UBS | Lowers | Neutral | $134.00 | $155.00 |
| Joshua Dennerlein | B of A Securities | Lowers | Underperform | $114.00 | $147.00 |
| John Kim | BMO Capital | Lowers | Outperform | $138.00 | $145.00 |
| Brad Heffern | RBC Capital | Lowers | Outperform | $135.00 | $147.00 |
| Wesley Golladay | Baird | Lowers | Neutral | $126.00 | $145.00 |
| Steve Sakwa | Evercore ISI Group | Raises | In-Line | $150.00 | $149.00 |
| Peter Abramowitz | Jefferies | Announces | Buy | $160.00 | - |
| James Feldman | Wells Fargo | Raises | Equal-Weight | $154.00 | $123.00 |
| Steve Sakwa | Evercore ISI Group | Raises | In-Line | $149.00 | $144.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Sun Communities. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Sun Communities compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Sun Communities's stock. This comparison reveals trends in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Sun Communities's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Sun Communities analyst ratings.
All You Need to Know About Sun Communities
Sun Communities is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently owns a portfolio of 666 properties, which includes 350 manufactured housing communities, 179 residential vehicle communities, and 137 marina properties. Sun targets owning properties that are desirable as second homes or vacation properties with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.
Understanding the Numbers: Sun Communities's Finances
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Decline in Revenue: Over the 3 months period, Sun Communities faced challenges, resulting in a decline of approximately -3.48% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Sun Communities's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 30.68% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 4.0%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Sun Communities's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.68%, the company showcases efficient use of assets and strong financial health.
Debt Management: Sun Communities's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.98.
Understanding the Relevance of Analyst Ratings
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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