Sun Communities, Inc. (SUI) is currently trading at $129.35, reflecting a price increase of $1.71 (1.34%) from the previous close of $127.64. Trading volume is higher than average, reaching $335,943. The asset is displaying positive performance with notable price changes.
In the latest quarterly earnings call held on Monday, February 23rd, Sun Communities, Inc. reported earnings per share (EPS) at 1.37, meeting consensus estimates. Further details on revenue and profit margins are pending updates.
Sun Communities, Inc. offers a forward dividend yield of 3.46%. The dividend per share over the most recent quarter was $1.12, slightly lower than the previous year's $1.14. The trailing twelve months dividend per share stands at $8.24.
The company's cash flow report indicates various financial activities. Notable figures include debt repayment of $3.58 billion and a net change in cash of -$543.9 million, with operating cash flow at $157.5 million.
Sun Communities, Inc. recorded a revenue of $515.2 million, resulting in a gross profit of $356.9 million. Operating income stands at $175 million, with a net income of $121.9 million and earnings per share (EPS) at 99 cents.
Key financial ratios for SUI show a gross profit margin of 69.27%, net profit margin at 23.66%, and a price-to-earnings ratio of 31.29. These ratios depict the company's profitability and financial health.
The balance sheet reveals total assets amounting to $12.52 billion, with total liabilities at $5.33 billion. Cash and cash equivalents stand at $636.1 million, positioning the company well in terms of liquidity.
This real-time financial report showcases Sun Communities, Inc.'s positive trading session and financial metrics, reflecting a promising outlook for investors.
Sun Communities, Inc. is a REIT that, as of March 31, 2022, owned, operated, or had an interest in a portfolio of 603 developed MH, RV and marina properties comprising nearly 159,300 developed sites and over 45,700 wet slips and dry storage spaces in 39 states, Canada, Puerto Rico and the UK.