about us: sun communities, inc is the nation's premier provider of manufactured home communities and rv resorts. to find out more about what we have to offer, visit a community near you or contact us. our culture: we have built our culture around a simple customer service philosophy: the golden rule. we treat others the way we want to be treated. our team is considered one of our most valuable assets, and we ensure we offer a fun and rewarding workplace! we are committed to the encouragement of personal growth and are pleased to offer opportunities for advancement to qualified individuals. our formal training programs, on-the-job training activities, and customized development plans help support team members to accomplish their goals. accolades: we've been ranked as a “top 100 workplace” by the detroit free press for the past 6 consecutive years. in 2011, we were proud to be recognized as one of crain’s “cool places to work,” and in 2012, we received the american heart association's pr
Company profile
Ticker
SUI
Exchange
Website
CEO
Gary Shiffman
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Sun Communities Operating Limited Partnership • 481 Associates, a Florida general partnership • 1008 Tuscany, LLC • AIOP Brentwood West, L.L.C. • AIOP Florida Properties I, L.L.C. • AIOP Florida Properties II, L.L.C. • AIOP Gulfstream Harbor, L.L.C. • AIOP Gulfstream Outlots, L.L.C. • AIOP Lost Dutchman Notes, L.L.C. • AIOP Serendipity, L.L.C. ...
IRS number
382730780
SUI stock data
Latest filings (excl ownership)
8-K
Unregistered Sales of Equity Securities
21 Mar 24
8-K
Regulation FD Disclosure
1 Mar 24
10-K
2023 FY
Annual report
27 Feb 24
8-K
Earnings Press Release & Supplemental Operating and Financial Data
20 Feb 24
8-K
Entry into a Material Definitive Agreement
16 Feb 24
8-K
Entry into a Material Definitive Agreement
11 Jan 24
8-K
Entry into a Material Definitive Agreement
5 Jan 24
424B5
Prospectus supplement for primary offering
5 Jan 24
FWP
Free writing prospectus
4 Jan 24
424B5
Prospectus supplement for primary offering
4 Jan 24
Transcripts
SUI
Earnings call transcript
2023 Q4
21 Feb 24
SUI
Earnings call transcript
2023 Q3
26 Oct 23
SUI
Earnings call transcript
2023 Q2
27 Jul 23
SUI
Earnings call transcript
2023 Q1
27 Apr 23
SUI
Earnings call transcript
2022 Q4
23 Feb 23
SUI
Earnings call transcript
2022 Q3
25 Oct 22
SUI
Earnings call transcript
2022 Q2
26 Jul 22
SUI
Earnings call transcript
2022 Q1
26 Apr 22
SUI
Earnings call transcript
2021 Q4
22 Feb 22
SUI
Earnings call transcript
2021 Q3
26 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 62.00 mm | 62.00 mm | 62.00 mm | 62.00 mm | 62.00 mm | |
Cash burn (monthly) | 2.23 mm | 4.17 mm | (no burn) | (no burn) | (no burn) | |
Cash used (since last report) | 13.32 mm | 24.85 mm | n/a | n/a | n/a | |
Cash remaining | 48.68 mm | 37.15 mm | n/a | n/a | n/a | |
Runway (months of cash) | 21.8 | 8.9 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
96.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 488 |
Opened positions | 62 |
Closed positions | 60 |
Increased positions | 199 |
Reduced positions | 162 |
13F shares | Current |
---|---|
Total value | 14.18 tn |
Total shares | 120.15 mm |
Total puts | 91.50 k |
Total calls | 72.00 k |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 17.54 mm | $2.08 tn |
CNS Cohen & Steers | 13.67 mm | $1.62 tn |
BLK Blackrock | 10.87 mm | $1.29 tn |
JPM JPMorgan Chase & Co. | 6.57 mm | $777.17 bn |
STT State Street | 5.91 mm | $704.78 bn |
PFG Principal Financial Group Inc - Registered Shares | 4.52 mm | $535.33 bn |
IVZ Invesco | 2.58 mm | $305.82 bn |
DSECF Daiwa Securities | 2.57 mm | $303.33 bn |
FMR | 2.41 mm | $284.80 bn |
Massachusetts Financial Services | 2.31 mm | $273.71 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Mar 24 | Baxter Underwood | COMMON STOCK, $0.01 PAR VALUE | Sell | Dispose S | No | No | 131.48 | 4,000 | 525.92 k | 66,852 |
20 Mar 24 | Shiffman Gary A | COMMON STOCK, $0.01 PAR VALUE | Payment of exercise | Dispose F | No | No | 131.28 | 2,093 | 274.77 k | 903,606 |
18 Mar 24 | Shiffman Gary A | COMMON STOCK, $0.01 PAR VALUE | Payment of exercise | Dispose F | No | No | 130.4 | 3,692 | 481.44 k | 905,699 |
14 Mar 24 | Shiffman Gary A | COMMON STOCK, $0.01 PAR VALUE | Payment of exercise | Dispose F | No | No | 131.1 | 1,635 | 214.35 k | 909,391 |
5 Mar 24 | Lewis Clunet R | COMMON STOCK, $0.01 PAR VALUE | Sell | Dispose S | No | No | 131.13 | 500 | 65.57 k | 28,400 |
News
Compass Point Maintains Neutral on Sun Communities, Raises Price Target to $125
21 Mar 24
JMP Securities Reiterates Market Outperform on Sun Communities, Maintains $150 Price Target
20 Mar 24
How Is The Market Feeling About Sun Communities?
1 Mar 24
Sun Communities Increases Annual Distribution By 1.1% In 2024 From $3.72 To $3.76 Per Share
20 Feb 24
Sun Communities Q4 Core FFO Per Share $1.34 Beats $1.32 Estimate, Sales $726.70M Beat $669.20M Estimate
20 Feb 24
Press releases
Sun Communities, Inc. Declares First Quarter 2024 Distribution
1 Mar 24
Sun Communities, Inc. to Present at the 2024 CITI Global Property CEO Conference
29 Feb 24
Sun Communities, Inc. Reports 2023 Fourth Quarter and Full Year Results; Provides 2024 Guidance and Increases Annual Distribution Rate for 2024
20 Feb 24
Sun Communities, Inc. Appoints Jerry Ehlinger and Craig Leupold to Board of Directors
16 Feb 24
Sun Communities, Inc. Provides Update on Recent Activities
22 Jan 24