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Sun Communities, Inc. - SUI STOCK NEWS

Welcome to our dedicated news page for Sun Communities (Ticker: SUI), a resource for investors and traders seeking the latest updates and insights on Sun Communities.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sun Communities's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sun Communities's position in the market.

Rhea-AI Summary
Sun Communities, Inc. (SUI) releases its 2023 Environmental, Social, and Governance (ESG) report, highlighting achievements such as greenhouse gas emissions inventory completion, volunteer hour increases, investor engagement, and supplier ESG assessments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
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Rhea-AI Summary
Sun Communities, Inc. (NYSE: SUI) will release its first quarter 2024 operating results on April 29, 2024. The Company operates manufactured housing and recreational vehicle communities and marinas. A conference call to discuss the results will be held on April 30, 2024, at 2:00 P.M. ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
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Rhea-AI Summary
Sun Communities, Inc. (SUI) declares a quarterly distribution of $0.94 per share for Q1 2024, payable on April 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
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Rhea-AI Summary
Sun Communities, Inc. (SUI) CEO to present at 2024 Citi Global Property CEO Conference. Investors can access live audio-webcast and replay on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
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conferences
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Rhea-AI Summary
Sun Communities, Inc. (SUI) reported a 7.8% increase in total revenue for the quarter and an 8.6% increase for the full year. Net loss per diluted share was $0.65 for the quarter and $1.72 for the full year. Core FFO per share was $1.34 for the quarter and $7.10 for the full year. Same Property NOI increased by 9.6% and 7.3% for the quarter and full year, with occupancy gains in MH and RV communities. The company set guidance for 2024 with expectations of NOI growth, FFO per share, and an increase in annual distribution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
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Rhea-AI Summary
Sun Communities, Inc. (NYSE: SUI) enters into a cooperation agreement with Land & Buildings, appoints new directors to the Board, and establishes a Capital Allocation Committee. The company aims to refresh the Board with experienced individuals to guide future growth and success. Land & Buildings expresses confidence in the Board's ability to maximize shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
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management
Rhea-AI Summary
Sun Communities, Inc. provided an update on recent activities, including insurance renewal, home sales in the UK, completion of an administration process related to real estate assets, and a public offering of senior notes. The company expects an increase in insurance-related expenses of 15-20% compared to 2023. Park Holidays completed the sale of over 2,800 homes in 2023, with 74% pre-owned and 26% new homes. Sun completed an administration process related to real estate assets collateralizing a note receivable and a public offering of $500 million aggregate principal amount of 5.50% senior notes due 2029. The company's Full Year and Fourth Quarter 2023 results will be released on February 20, 2024, after markets close.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
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Rhea-AI Summary
Sun Communities, Inc. (SUI) has announced the tax treatment of its 2023 common share distributions. The company declared a total distribution of $3.67 per share, with $2.30 per share as an ordinary taxable dividend and $0.58 per share as a qualified taxable dividend. Shareholders are advised to consult with their tax advisors for specific tax treatment.
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Rhea-AI Summary
Sun Communities, Inc. (NYSE: SUI) announced the pricing of a $500 million public offering of 5.500% senior notes due 2029. The offering price for the Notes was 99.878% of the principal amount, with an effective yield to maturity of 5.528%. The Notes will be senior unsecured obligations of the Operating Partnership, guaranteed fully and unconditionally by the Company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
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none
Rhea-AI Summary
Sun Communities, Inc. (NYSE: SUI) will release its fourth quarter 2023 operating results on February 20, 2024, followed by a conference call on February 21, 2024. The company is a real estate investment trust that owns and operates manufactured housing, recreational vehicle communities, and marinas. Investors can participate in the conference call by dialing in or accessing the live webcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
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Sun Communities, Inc.

NYSE:SUI

SUI Rankings

SUI Stock Data

15.69B
122.80M
1.36%
100.98%
1.17%
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About SUI

about us: sun communities, inc is the nation's premier provider of manufactured home communities and rv resorts. to find out more about what we have to offer, visit a community near you or contact us. our culture: we have built our culture around a simple customer service philosophy: the golden rule. we treat others the way we want to be treated. our team is considered one of our most valuable assets, and we ensure we offer a fun and rewarding workplace! we are committed to the encouragement of personal growth and are pleased to offer opportunities for advancement to qualified individuals. our formal training programs, on-the-job training activities, and customized development plans help support team members to accomplish their goals. accolades: we've been ranked as a “top 100 workplace” by the detroit free press for the past 6 consecutive years. in 2011, we were proud to be recognized as one of crain’s “cool places to work,” and in 2012, we received the american heart association's pr