Sun Communities

Sun Communities, Inc. provides real estate management services. The firm operates through the following segments: Manufactured Home Communities, Recreational Vehicle, and Marina. The Manufactured Home Communities segment owns, operates, and develops manufactured housing communities and is in the business of acquiring, operating, and developing ground up communities to provide housing solutions. The Recreational Vehicle segment focuses on the development of recreational vehicle resorts and is in the business of acquiring, operating and developing ground up resorts throughout the U.S. and in Ontario, Canada. The Marina segment operates marinas and is in the business of acquiring and operating marinas throughout the U.S. The company was founded in 1975 and is headquartered in Southfield, MI.

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Sun Communities reports record revenue gains and optimistic outlook for 2023

Sun Communities showcased robust financial results, strategic growth initiatives, and a commitment to sustainability. Analyst inquiries focused on cost management, revenue sustainability, and growth strategies. The company's outlook for 2023 remains optimistic, emphasizing long-term stability and growth potential.

Sun Communities exceeds Q1 guidance, eyes growth amid challenges

Sun Communities demonstrated strong financial performance and operational growth in Q1 2023, driven by key segments like manufactured housing and RVs.
While facing challenges such as lowered UK operations' NOI range and currency impacts, Sun remains optimistic about its long-term growth prospects.
The company's strategic initiatives, focus on sustainability, and expansion plans position it well to capitalize on growth opportunities in the market.
Overall, Sun's stable financial outlook, commitment to ESG, and selective growth strategy underline its resilience and potential for future success.

Sun Communities reports strong Q2 results, eyes growth opportunities

Sun Communities delivered solid operational performance in Q2, with a focus on optimizing its portfolio and enhancing returns. Despite challenges in the U.K. home sales business, the company remains well-positioned for growth through strategic initiatives and expansion opportunities.

Sun Communities (SUI) surpasses Q3 expectations, eyes growth opportunities

Sun Communities delivered a strong Q3 performance, exceeding expectations in core FFO and same-property NOI growth. Despite facing challenges from the macro environment and property sales issues, the company remains optimistic about future growth. Sun's focus on operational efficiency, strategic changes, and transparent financial practices position it well for continued success.

Sun Communities reports strong earnings, focuses on value creation

Sun Communities delivered solid financial performance with core FFO meeting expectations and robust same-property NOI growth.
The company is strategically focusing on capital recycling initiatives and enhancing shareholder value through increased distributions.
Challenges include noncash impairments impacting financials and market data limitations for assessing Holiday Parks transactions.
Opportunities lie in capital recycling strategies, value creation initiatives, and operational efficiency improvements for future growth.

Sun Communities excels in Q1 results amidst challenges and opportunities

Sun Communities' Q1 performance reflects strong revenue growth and strategic financial management, positioning the company for long-term success.
While facing challenges in consumer demand and revenue declines, Sun Communities remains focused on operational efficiency and financial stability.
Opportunities for growth through marketing initiatives, deleveraging strategies, and operational enhancements underscore a positive outlook for the company.
Management's proactive approach to guidance adjustments and strategic planning demonstrate adaptability and commitment to shareholder value.

Sun Communities reports solid Q2 earnings, focuses on strategic growth

Sun Communities' Q2 performance showcased strength in Manufactured Housing and Marina segments, with strategic initiatives driving revenue growth. Challenges in the RV segment and ongoing efforts on debt reduction were noted. The company's focus on long-term growth through asset recycling and revenue optimization remains key.

Sun Communities disappoints in Q3, plans strategic repositioning for growth

Sun Communities (SUI) faces challenges in transient RV and marina segments but shows strengths in cost-saving initiatives and asset sales.
Repositioning efforts and CEO succession plans signal a strategic shift for future growth.
Opportunities lie in reducing transient exposure, increasing income streams, and refreshing the board.
Financial performance remains stable with a focus on expense management and operational efficiency.

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NEW YORK, NY / ACCESSWIRE / November 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sun Communities, Inc. ("Sun Communities, Inc.") (NYSE:SUI) concerning possible violations of federal securities laws. On September 25, 2024, Blue Orca Capital published a report concerning Sun Communities.

Levi & Korsinsky Announces an Investigation on Behalf of Sun Communities, Inc. (SUI) Shareholders Who May Have Been Affected by Fraud

NEW YORK, NY / ACCESSWIRE / November 25, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sun Communities, Inc. ("Sun Communities, Inc.") (NYSE:SUI) concerning possible violations of federal securities laws. On September 25, 2024, Blue Orca Capital published a report concerning Sun Communities.

Sun Communities, Inc. Being Investigated on Behalf of Sun Communities, Inc. Investors. Contact Levi & Korsinsky For Details

NEW YORK, NY / ACCESSWIRE / November 21, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sun Communities, Inc. ("Sun Communities, Inc.") (NYSE:SUI) concerning possible violations of federal securities laws. On September 25, 2024, Blue Orca Capital published a report concerning Sun Communities.

Sun Communities, Inc. Being Investigated on Behalf of Sun Communities, Inc. Investors. Contact Levi & Korsinsky For Details.

NEW YORK, NY / ACCESSWIRE / November 20, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sun Communities, Inc. ("Sun Communities, Inc.") (NYSE:SUI) concerning possible violations of federal securities laws. On September 25, 2024, Blue Orca Capital published a report concerning Sun Communities.

Sun Communities, Inc. Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - SUI

NEW YORK, NY / ACCESSWIRE / November 19, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sun Communities, Inc. ("Sun Communities, Inc.") (NYSE:SUI) concerning possible violations of federal securities laws. On September 25, 2024, Blue Orca Capital published a report concerning Sun Communities.

Lost Money on Sun Communities, Inc. (SUI)? Contact Levi & Korsinsky Regarding an Ongoing Investigation

NEW YORK, NY / ACCESSWIRE / November 18, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sun Communities, Inc. ("Sun Communities, Inc.") (NYSE:SUI) concerning possible violations of federal securities laws. On September 25, 2024, Blue Orca Capital published a report concerning Sun Communities.

Shareholder Rights Advocates at Levi & Korsinsky Investigate Sun Communities, Inc. (SUI) Regarding Possible Securities Fraud Violations

NEW YORK, NY / ACCESSWIRE / November 16, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Sun Communities, Inc. ("Sun" or the "Company") (NYSE:SUI). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sun Communities, Inc. - SUI

Sun Communities, a manufactured housing REIT, faces macroeconomic headwinds but remains fundamentally strong with resilient occupancy and solid balance sheet. Despite current challenges, Sun Communities is expected to see long-term upside as interest rates decrease, potentially boosting FFO growth and dividend coverage. The REIT's conservative payout ratios and strong fundamentals, including high occupancy and investment-grade credit rating, support its long-term investment potential.

Sun Communities: A Resilient REIT With Solid, Long-Term Upside Potential For Your Portfolio

NEW YORK, NY / ACCESSWIRE / November 14, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sun Communities, Inc. ("Sun Communities, Inc.") (NYSE:SUI) concerning possible violations of federal securities laws. On September 25, 2024, Blue Orca Capital published a report concerning Sun Communities.

Levi & Korsinsky Reminds Sun Communities, Inc. Investors of the Ongoing Investigation into Potential Violations of Securities Laws - SUI

NEW YORK, NY / ACCESSWIRE / November 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sun Communities, Inc. ("Sun Communities, Inc.") (NYSE:SUI) concerning possible violations of federal securities laws. On September 25, 2024, Blue Orca Capital published a report concerning Sun Communities.

Sun Communities, Inc. INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by Sun Communities, Inc. (SUI)

NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Sun Communities (“Sun Communities” or the “Company”) (NYSE: SUI) on behalf of Sun Communities stockholders. Our investigation concerns whether Sun Communities has violated the federal securities laws and/or engaged in other unlawful business practices.

SUN COMMUNITIES ALERT: Bragar Eagel & Squire, P.C. is Investigating Sun Communities on Behalf of Sun Communities Stockholders and Encourages Investors to Contact the Firm

Veris Residential

BofA Securities analyst Joshua Dennerlein revised ratings on residential REITs, Veris Residential, Inc. VRE and Sun Communities, Inc. SUI.

BofA Analyst Doubles Down On Veris Residential Growth, Downgrades Sun Communities - Here's Why

Iron Mountain

Realty Income Corp

Successful investing requires second-level thinking, which involves deeper analysis beyond simple formulas, as highlighted by Howard Marks in "The Most Important Thing". Iron Mountain's transformation from document storage to cloud storage led to impressive returns, but the stock is now overrated and overpriced; it's time to sell. Sun Communities' restructuring and leadership changes present an opportunistic buy, with potential for 30% annual returns despite short-term earnings decline.

Managing Risk Is What Separates The Best From The Rest

Sun Communities had a disappointing quarter, with Core FFO and annual guidance falling below consensus estimates due to non-recurring overhead expenses and increased property operating costs. Management is aware of the challenges and is committed to addressing underperformance, aiming for a return to growth in 2025. I remain bullish on SUI stock, believing it to be one of the more attractive equity REITs, despite industry-wide challenges from higher interest rates.

Sun Communities Is A Bargain After Bad Quarter

Sun Communities, Inc. (SUI) Q3 2024 Earnings Conference Call Transcript

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.

Sun Communities (SUI) Q3 FFO Lag Estimates

Implementing Comprehensive Restructuring and Cost Cutting Plan Expected to Save $15 - $20 million annually; John McLaren to Return to Company as President; CEO Gary Shiffman to Retire in 2025 Implementing Comprehensive Restructuring and Cost Cutting Plan Expected to Save $15 - $20 million annually; John McLaren to Return to Company as President; CEO Gary Shiffman to Retire in 2025

Sun Communities, Inc. Announces Restructuring and CEO Retirement

NEW YORK, NY / ACCESSWIRE / November 6, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sun Communities, Inc. ("Sun Communities, Inc.") (NYSE:SUI) concerning possible violations of federal securities laws. On September 25, 2024, Blue Orca Capital published a report concerning Sun Communities.

ATTENTION Sun Communities, Inc. Investors: You May Have Been Affected by Fraud- Contact Levi & Korsinsky to Discuss Your Rights

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Sun Communities (SUI) have what it takes?

Sun Communities (SUI) Could Be a Great Choice

Kinder Morgan

Waste Management

I'm sharing three of my top dividend picks, chosen for their steady growth and resilience in any market, designed to fuel portfolios with inflation-beating potential. Each of these stocks combines robust fundamentals with a proven ability to thrive long term, making them ideal for those focused on reliable, compounding income. With a mix of growth and inflation protection, these picks offer stability and strength. My goal is to build a portfolio that stands strong in any economic climate.

Dividend Wins: 3 Great Picks To Fuel Growth And Beat Inflation

NEW YORK, NY / ACCESSWIRE / October 31, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sun Communities, Inc. ("Sun Communities, Inc.") (NYSE:SUI) concerning possible violations of federal securities laws. On September 25, 2024, Blue Orca Capital published a report concerning Sun Communities.

SUI ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Sun Communities, Inc.

NEW YORK, NY / ACCESSWIRE / October 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sun Communities, Inc. ("Sun Communities, Inc.") (NYSE:SUI) concerning possible violations of federal securities laws. On September 25, 2024, Blue Orca Capital published a report concerning Sun Communities.

SUI ACTIVE INVESTIGATION: Contact Levi & Korsinsky if you Lost Money on your Sun Communities, Inc. Investment

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.

Sun Communities, Inc. Announces Date for Third Quarter 2024 Earnings Release and Conference Call

NEW YORK, NY / ACCESSWIRE / October 23, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Sun Communities, Inc. ("Sun Communities, Inc.") (NYSE:SUI) concerning possible violations of federal securities laws. On September 25, 2024, Blue Orca Capital published a report concerning Sun Communities.

SUI ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of Sun Communities, Inc. Shareholders Who Lost Money

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the leadership of Sun Communities, Inc. (“Sun Communities”) (NYSE: SUI) breached their fiduciary duties to Sun Communities and its shareholders. CLICK HERE TO LEARN MORE Scott+Scott is investigating whether members of the Sun Communities board of directors or senior management failed to manage Sun Communities in an acceptable mann.

SUN COMMUNITIES INVESTOR REMINDER: Scott+Scott Attorneys at Law LLP Investigates Sun Communities, Inc.'s Directors and Officers for Breach of Fiduciary Duties – SUI

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