# Sun Communities, Inc. – Consensus ‘buy’ rating and 19.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/sun-communities-inc.consensus-buy-rating-and-19.5-upside-potential/4121127965
- Published: 2023-09-20T14:43:56+01:00
- Author: Charlotte Edwards

**Sun Communities, Inc.** with ticker code (SUI) have now 12 confirmed analysts 
covering the stock with the consensus suggesting a rating of ‘buy’. The target price
High/Low ranges between 158 and 129 calculating the mean target price we have $148.42.
Now with the previous closing price of $124.19 this would indicate that there is
a potential upside of 19.5%. It’s also worth noting that there is a 50 day moving
average of $127.31 while the 200 day moving average is $136.90. The market cap for
the company is 16.08B. The stock price is currently at: 124.12 USD

 The potential market cap would be $19,214,304,175 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 67.09, revenue per share of 25.05
and a 2.19% return on assets.

Sun Communities, Inc. is a fully integrated real estate investment trust. The Company
owns manufactured housing (MH) and recreational vehicle (RV) communities and marinas
in the United States, the United Kingdom and Canada (collectively, properties). 
It owns and operates, directly or indirectly, or has an interest in, a portfolio
of approximately 669 properties located in the United States, the United Kingdom
and Canada, including 353 MH communities, 182 RV communities, and 134 marinas. It
has three segments: MH communities, RV communities and Marinas. The MH communities
segment offers affordable housing to individuals and families, while also providing
certain amenities. The RV communities offers affordable vacation opportunities to
individuals and families with various amenities. The properties contained an aggregate
of 227,541 developed sites comprised of 118,204 developed MH sites, 30,333 annual
RV sites, 31,181 transient RV sites, and 47,823 wet slips and dry storage spaces.

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