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Sun Communities (SUI) Investigated by Block & Leviton for Potential Securities Law Violations; Investors Who Have Lost Money Should Contact the Firm
GlobeNewswire News Room· 2024-10-01 13:30
BOSTON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Sun Communities, Inc. (NYSE: SUI) for potential securities law violations. Investors who have lost money in their Sun Communities, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/sui. What is this all about? Shares of Sun Communities are down following the release of a Blue Orca Capital report on September 25, 2024. The report alle ...
Sun Communities, Inc. Provides Preliminary Assessment of Hurricane Helene Impact
GlobeNewswire News Room· 2024-10-01 13:13
Southfield, Oct. 01, 2024 (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, did not incur any material building or structure damage as a result of Hurricane Helene. The Company has access to all its properties, and assessments are still in the early stages. Clean-up and restoration efforts are underway at all affected ...
Investigation into Sun Communities Underway: Johnson Fistel, LLP Digs into Alleged Securities Law Violations - What Shareholders Need to Know
GlobeNewswire News Room· 2024-09-25 14:33
SAN DIEGO, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of securities laws by Sun Communities (NYSE: SUI). We are looking into whether the Company or its executives failed to disclose vital information to investors, leading to losses on their investments. If you have purchased Sun Communities securities and have experienced losses, we encourage you to join our investigation to potentially make claims and recover under federal securi ...
Sun Communities: Covered Calls Can Compensate Low Leverage (Rating Downgrade)
Seeking Alpha· 2024-09-23 01:08
I ventured into investing in high school in 2011, mainly in REITs, preferred stocks, and high-yield bonds, starting a fascination with markets and the economy that has not faded despite the years. More recently I have been combining long stock positions with covered calls and cash secured puts. I approach investing purely from a fundamental long-term point of view. On Seeking Alpha I mostly cover REITs and financials, with occasional articles on ETFs and other stocks driven by a macro trade idea. Analyst's ...
Sun Communities, Inc. Declares Third Quarter 2024 Distribution
GlobeNewswire News Room· 2024-09-03 19:54
Southfield, MI, Sept. 03, 2024 (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 (collectively, the "properties"), today announced its Board of Directors declared a quarterly distribution of $0.94 per share of common stock for the third quarter of 2024. The distribution is payable on October 15, 2024 to shareholders of ...
Sun Communities(SUI) - 2024 Q2 - Earnings Call Transcript
2024-08-01 21:49
Sun Communities, Inc. (NYSE:SUI) Q2 2024 Earnings Conference Call August 1, 2024 2:00 PM ET Company Participants Gary Shiffman - Chairman, President and CEO Fernando Castro-Caratini - Chief Financial Officer Aaron Weiss - Executive Vice President, Corporate Strategy and Business Development Conference Call Participants Michael Goldsmith - UBS Brad Heffern - RBC Capital Markets Samir Khanal - Evercore ISI John Pawlowski - Green Street Josh Dennerlein - Bank of America Eric Wolfe - Citi John Kim - BMO Capital ...
Sun Communities(SUI) - 2024 Q2 - Quarterly Report
2024-08-01 19:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number: 1-12616 SUN COMMUNITIES, INC (Exact Name of Registrant as Specified in its Charter) Maryland 38-2730780 (State of Incorporation) ...
Sun Communities (SUI) Q2 FFO and Revenues Miss Estimates
ZACKS· 2024-07-31 23:26
Sun Communities (SUI) came out with quarterly funds from operations (FFO) of $1.86 per share, missing the Zacks Consensus Estimate of $1.87 per share. This compares to FFO of $1.96 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of -0.53%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1.16 per share when it actually produced FFO of $1.19, delivering a surprise of 2.59%. Over the last four qu ...
Sun Communities Reports Results for the Second Quarter and First Six Months of 2024
Newsfilter· 2024-07-31 21:03
Net Income per Diluted Share of $0.42 for the Quarter Core FFO per Share of $1.86 for the Quarter North America Same Property NOI increased by 3.6% for the Quarter and 5.6% for the First Six Months of 2024 versus corresponding 2023 Periods North America Same Property Adjusted Blended Occupancy for MH and RV of 98.7% represents a 150 basis point year-over-year increase Reiterating Full-Year Core FFO per Share Guidance for 2024 of $7.06 - $7.22 Full-Year North America Same Property NOI Growth Guidance Range o ...
Sun Communities(SUI) - 2024 Q2 - Quarterly Results
2024-07-31 20:59
SUND EARNINGS PRESS RELEASE & SUPPLEMENTAL OPERATING & FINANCIAL DATA Second Quarter 2024 NYSE:SUI Sun Communities, Inc. Earnings Press Release & Supplemental Operating and Financial Data For the Quarter and Six Months Ended June 30, 2024 and 2023 | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------|-------| | | Page | | Forward-Looking Statements | i | | | | | Earnings Press Release and Guidance | ii | | | | | Over ...