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--(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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Block & Leviton is investigating Sun Communities for securities fraud. Investors who lost money in Sun Communities should contact the firm to learn more.

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

NEW YORK, NY / ACCESSWIRE / October 9, 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. (SUI) Shareholders May Have Been Affected by Fraud-Levi & Korsinsky Investigates

ATTENTION SUI SHAREHOLDERS: Investors who Lost Money on Sun Communities, Inc. are Urged to Contact Levi & Korsinsky About an Ongoing Investigation

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SUI: Why is the Stock Surging Today?

NEW YORK, NY / ACCESSWIRE / October 1, 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

BOSTON, Oct. 01, 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.

Sun Communities (SUI) Investigated by Block & Leviton for Potential Securities Law Violations; Investors Who Have Lost Money Should Contact the Firm

Southfield, Oct. 01, 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, did not incur any material building or structure damage as a result of Hurricane Helene.

Sun Communities, Inc. Provides Preliminary Assessment of Hurricane Helene Impact

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

NEW YORK, NY / ACCESSWIRE / September 27, 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

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Sun Communities, Inc. (“Sun Communities” or the “Company”) (NYSE: SUI) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Sun Communities investments or would like to inquire about potentially pursuing claims to recover your loss under the feder.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Sun Communities, Inc. (SUI) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Sun Communities, Inc. (“Sun Communities” or the “Company”) (NYSE: SUI) investors concerning the Company's possible violations of federal securities laws. On September 25, 2024, Blue Orca Capital published a report alleging, among other things, that Sun Communities' CEO “received an undisclosed $4 million loan from the family of a purportedly independent Director who has sat on the Audit Commit.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Sun Communities, Inc. (SUI) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Sun Communities, Inc. (“Sun Communities” or the “Company”) (NYSE: SUI) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On September 25, 2024, Blue Orca Capital published a report alleging, among other things, that Sun Communities' CEO “received an undisclosed $4 million loan from the.

The Law Offices of Frank R. Cruz Announces Investigation of Sun Communities, Inc. (SUI) on Behalf of Investors

ATTENTION SUI SHAREHOLDERS: Investors Who Lost Money on Sun Communities, Inc. are Urged to Contact Levi & Korsinsky About an Ongoing Investigation

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NEW YORK, NY / ACCESSWIRE / September 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.

Sun Communities, Inc. Investigated by Shareholder Rights Advocates - Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - SUI

Shareholders that lost money on Sun Communities, Inc.(SUI) should contact Levi & Korsinsky about Securities Fraud Investigation - SUI

BOSTON, MA / ACCESSWIRE / September 26, 2024 / 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.

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

NEW YORK, NY / ACCESSWIRE / September 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.

Did Sun Communities, Inc. Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - SUI

Block & Leviton is investigating Sun Communities Inc. (NYSE: SUI) for potential securities law violations. Investors should contact the firm to learn more.

Sun Communities, Inc. ALERT: Securities Fraud Investigation by Block & Leviton Could Allow Investors to Recover Losses

SAN DIEGO--(BUSINESS WIRE)--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 securities.

Investigation into Sun Communities Underway: Johnson Fistel, LLP Digs into Alleged Securities Law Violations - What Shareholders Need to Know

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Sun Communities is a residential REIT focused on Manufactured Housing (45% of rental revenue), Recreational Vehicles (26%), and Marinas (21%). Recent asset sales and share price strength have pushed the proportion of debt in the enterprise value to only 29%, indicating limited benefits from Fed rate cuts. The company confirmed its core FFO outlook for 2024 as the metric does not include one-off gains that will be booked in Q3 2024.

News for Sun Communities Stock (SUI)