The time has come for an update on Sun Communities, Inc. (NYSE:SUI). Sun Communities - Continued Upside from Single-Family REITs Rental Revenue Breakdown The company has a long and solid track record of growth, it has stable and resilient operating fundamentals (MH/RV communities are not exactly in low demand, and marina space is always limited), and like most good REITs, it's at least BBB rated. The company's revenue is 88%-rental focused, with 8% home sales and the rest in service, retail, dining, and ent ...

Southfield, MI, July 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 and recreational vehicle communities and marinas (collectively, the "properties"), announces it will release second quarter 2024 operating results after the market closes on Wednesday, July 31, 2024. The Company will host a conference call to discuss these results on Thursday, August 1, 2024, at 2:00 P ...

Southfield, MI, June 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 second quarter of 2024. The distribution is payable on July 15, 2024 to shareholders of rec ...

Southfield, MI, June 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 second quarter of 2024. The distribution is payable on July 15, 2024 to shareholders of rec ...

JamesBrey Introduction Net operating income breakdown in 2024 (Sun Communities May 2024 presentation) Operational Overview Sun Communities reports occupancy separately for the US/Canada and the UK, with the US/Canada MH and RV occupancy at 97.5% at the end of Q1 2024, up 0.6% Y/Y. In contrast, UK occupancy stood at 88.9%, down 1.2% Y/Y, indicating severe distress and underperformance of the UK portfolio. Core FFO was $1.19/share in the quarter, down 3% Y/Y, driven by higher services and interest expenses, p ...

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 March 31, 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, Inc. (NYSE:SUI) Q1 2024 Earnings Conference Call April 30, 2024 2:00 PM ET Company Participants Gary Shiffman - Chairman, President & Chief Executive Officer Fernando Castro-Caratini - Chief Financial Officer Conference Call Participants Michael Goldsmith - UBS John Kim - BMO Capital Markets Josh Dennerlein - Bank of America Brad Heffern - RBC Capital Markets Wes Golladay - Robert W. Baird Keegan Carl - Wolfe Research Eric Wolfe - Citibank Anthony Powell - Barclays Jamie Feldman - Wells Far ...

Sun Communities, Inc. Earnings Press Release & Supplemental Operating and Financial Data For the Quarters Ended March 31, 2024 and 2023 | | Page | | --- | --- | | Forward-Looking Statements | i | | | ii | | Earnings Press Release and Guidance | | | Overview | | | Company Overview and Investor Information | 1 | | Financial and Operating Highlights | 2 | | Portfolio Overview | 3 | | Financial Statements and Reconciliations to Non-GAAP Financial Measures | | | Consolidated Balance Sheets | 4 | | Consolidated S ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 Commission file number: 1-12616 (Exact Name of Registrant as Specified in its Charter) SUN COMMUNITIES, INC Maryland 38-2730780 (State of Incorporation) (I.R.S. Employer Identification No.) 27777 Franklin Rd, Suite 300, Southfield, Michigan 48034 (Address of Principal Executive Offices) (Zip Code) (2 ...

Sun Communities, Inc. (NYSE:SUI) Q4 2023 Earnings Conference Call February 21, 2024 11:00 AM ET Company Participants Gary Shiffman - Chairman, President & Chief Executive Officer Fernando Castro-Caratini - Chief Financial Officer Conference Call Participants Michael Goldsmith - UBS John Kim - BMO Capital Markets Jamie Feldman - Wells Fargo Josh Dennerlein - Bank of America Samir Khanal - Evercore ISI Keegan Carl - Wolfe Research Nick Joseph - Citibank Wes Golladay - Baird Brad Heffern - RBC Capital John Paw ...