Sun Communities, Inc (NYSE: SUI) on Tuesday, plunged -1.44% from the previous trading day, before settling in for the closing price of $128.88. Within the past 52 weeks, SUI’s price has moved between $110.98 and $147.83.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 25.02%. The company achieved an average annual earnings per share of 238.96%. With a float of $125.66 million, this company’s outstanding shares have now reached $127.39 million.
Considering the fact that the conglomerate employs 6780 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 39.81%, operating margin of 30.7%, and the pretax margin is 8.04%.
Sun Communities, Inc (SUI) Insider Activity
Observing investor behavior towards REIT – Residential industry stocks is more important than anything else. The insider ownership of Sun Communities, Inc is 1.36%, while institutional ownership is 98.61%. The most recent insider transaction that took place on Aug 05 ’24, was worth 394,290. In this transaction CEO – Safe Harbor Marinas, LLC of this company sold 3,000 shares at a rate of $131.43, taking the stock ownership to the 63,462 shares. Before that another transaction happened on Mar 28 ’24, when Company’s Director sold 2,500 for $128.39, making the entire transaction worth $320,986. This insider now owns 0 shares in total.
Sun Communities, Inc (SUI) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.09 earnings per share (EPS) for the period topping the consensus outlook (set at -0.08) by 0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 238.96% per share during the next fiscal year.
Sun Communities, Inc (NYSE: SUI) Trading Performance Indicators
Sun Communities, Inc (SUI) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.02. Likewise, its price to free cash flow for the trailing twelve months is 18.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.85, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 1.85 in one year’s time.
Technical Analysis of Sun Communities, Inc (SUI)
Compared to the last year’s volume of 0.83 million, its volume of 0.8 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 67.84%. Additionally, its Average True Range was 3.24.
During the past 100 days, Sun Communities, Inc’s (SUI) raw stochastic average was set at 32.31%, which indicates a significant decrease from 70.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.80% in the past 14 days, which was higher than the 25.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $131.82, while its 200-day Moving Average is $127.09. Nevertheless, the first resistance level for the watch stands at $128.76 in the near term. At $130.48, the stock is likely to face the second major resistance level. The third major resistance level sits at $131.82. If the price goes on to break the first support level at $125.69, it is likely to go to the next support level at $124.35. Should the price break the second support level, the third support level stands at $122.63.
Sun Communities, Inc (NYSE: SUI) Key Stats
Market capitalization of the company is 16.18 billion based on 127,390K outstanding shares. Right now, sales total 3,225 M and income totals -201,000 K. The company made 939,900 K in profit during its latest quarter, and 291,900 K in sales during its previous quarter.
