Sun Communities(SUI)

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Sun Communities(SUI) - 2024 Q3 - Quarterly Report
2024-11-07 22:22
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 September 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 Incorporat ...
Sun Communities (SUI) Q3 FFO Lag Estimates
ZACKS· 2024-11-07 00:51
Sun Communities (SUI) came out with quarterly funds from operations (FFO) of $2.34 per share, missing the Zacks Consensus Estimate of $2.51 per share. This compares to FFO of $2.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -6.77%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1.87 per share when it actually produced FFO of $1.86, delivering a surprise of -0.53%.Over the last four qua ...
Sun Communities (SUI) Could Be a Great Choice
ZACKS· 2024-11-05 17:45
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it b ...
Sun Communities, Inc. Announces Date for Third Quarter 2024 Earnings Release and Conference Call
GlobeNewswire News Room· 2024-10-25 12:17
Southfield, MI, Oct. 25, 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, announces it will release third quarter 2024 operating results after the market closes on Wednesday, November 6, 2024. The Company will host a conference call to discuss these results on Wednesday, November 6, 2024, at 5:00 P.M. ET. To Par ...
Sun Communities Inc. Investors Who Have Lost Money Should Contact Block & Leviton to Find Out How They Might Recover Money Through The Firm's Investigation
GlobeNewswire News Room· 2024-10-10 11:45
BOSTON, Oct. 10, 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 ...
SUI: Why is the Stock Surging Today?
GuruFocus· 2024-10-07 21:25
Sui (SUI, Financial) has seen a recent downward movement in its stock price, with a decline of 2.17%, reflecting a percentage change of -1.67%. This decline comes amid significant activity in Sui's cryptocurrency counterpart. Beyond its stock trajectory, Sun Communities Inc (SUI, Financial), a real estate investment trust (REIT) specializing in manufactured housing and marinas, showcases interesting financial dynamics. Currently priced at $127.60, it holds a market capitalization of approximately $15.91 bil ...
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
Group 1 - Sun Communities, Inc. is under investigation for potential securities law violations following a report by Blue Orca Capital alleging undisclosed loans involving the CEO and a board member [2][4] - The report claims that the CEO had a $4 million undisclosed loan from the family of a purported independent director who has been on the Audit Committee and chaired the Compensation Committee for over a decade [2] - Block & Leviton is actively seeking investors who have lost money in Sun Communities, Inc. to potentially recover their losses [1][3][4] Group 2 - Investors who purchased Sun Communities, Inc. common stock and experienced a decline in share value may be eligible to participate in the investigation [3] - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors [7] - The firm encourages whistleblowers with non-public information about Sun Communities, Inc. to assist in the investigation, with potential rewards for original information provided to the SEC [6]
Sun Communities, Inc. Provides Preliminary Assessment of Hurricane Helene Impact
GlobeNewswire News Room· 2024-10-01 13:13
Core Viewpoint - Sun Communities, Inc. has reported no significant damage to its properties from Hurricane Helene and does not anticipate a major impact on its financial performance [1][2]. Company Overview - As of June 30, 2024, Sun Communities, Inc. owned, operated, or had an interest in a portfolio of 666 developed properties, which includes approximately 181,760 developed sites and around 48,140 wet slips and dry storage spaces across the United States, Canada, and the United Kingdom [4]. Response to Hurricane Helene - The company has initiated clean-up and restoration efforts at all affected communities and marinas, with assessments still in the early stages [2]. - The safety and well-being of residents, guests, and team members is prioritized, and the company's preparedness plan facilitated a swift response to the storm [3]. Leadership Statement - Gary Shiffman, Chairman and CEO, emphasized the strength and dedication of the team in managing the aftermath of the storm and expressed solidarity with those affected by Hurricane Helene [3].
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, 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 ...