On Monday, Sun Communities, Inc (NYSE: SUI) opened lower -4.08% from the last session, before settling in for the closing price of $124.30. Price fluctuations for SUI have ranged from $110.21 to $147.35 over the past 52 weeks.
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Annual sales at Real Estate sector company grew by 22.58% over the past five years. Company’s average yearly earnings per share was noted 292.77% at the time writing. With a float of $125.98 million, this company’s outstanding shares have now reached $127.44 million.
Let’s look at the performance matrix of the company that is accounted for 6590 employees. In terms of profitability, gross margin is 45.44%, operating margin of 36.42%, and the pretax margin is 3.54%.
Sun Communities, Inc (SUI) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the REIT – Residential industry is another important factor to consider. The insider ownership of Sun Communities, Inc is 1.26%, while institutional ownership is 104.82%. 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.
Sun Communities, Inc (SUI) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 292.77% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 73.19% during the next five years compared to -17.06% drop over the previous five years of trading.
Sun Communities, Inc (NYSE: SUI) Trading Performance Indicators
Check out the current performance indicators for Sun Communities, Inc (SUI). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.70. Likewise, its price to free cash flow for the trailing twelve months is 17.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.75, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 3.25 in one year’s time.
Technical Analysis of Sun Communities, Inc (SUI)
Sun Communities, Inc (NYSE: SUI) saw its 5-day average volume 0.71 million, a negative change from its year-to-date volume of 0.84 million. As of the previous 9 days, the stock’s Stochastic %D was 24.01%. Additionally, its Average True Range was 3.51.
During the past 100 days, Sun Communities, Inc’s (SUI) raw stochastic average was set at 8.31%, which indicates a significant decrease from 10.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.30% in the past 14 days, which was higher than the 25.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $128.93, while its 200-day Moving Average is $128.71. Nevertheless, the first resistance level for the watch stands at $123.18 in the near term. At $127.14, the stock is likely to face the second major resistance level. The third major resistance level sits at $129.95. If the price goes on to break the first support level at $116.41, it is likely to go to the next support level at $113.60. The third support level lies at $109.64 if the price breaches the second support level.
Sun Communities, Inc (NYSE: SUI) Key Stats
There are currently 127,590K shares outstanding in the company with a market cap of 15.21 billion. Presently, the company’s annual sales total 3,221 M according to its annual income of 101,800 K. Last quarter, the company’s sales amounted to 745,900 K and its income totaled -221,200 K.
