Sun Communities (SUI) Stock Analysis
This is a peer-relative look at Sun Communities (SUI): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Equity Real Estate Investment Trusts (REITs) peers, so every number reads in context rather than in isolation.
Company Profile
Sun Communities (SUI) is a REIT, a distribution-oriented structure — read its payout ratio and P/E alongside FFO (funds from operations) rather than at face value.
| Profile Item | SUI |
|---|---|
| Name | Sun Communities, Inc. |
| Country/Region | United States |
| GICS Sector | Real Estate |
| GICS Industry Group | Equity Real Estate Investment Trusts (REITs) |
| GICS Industry | Residential REITs |
| GICS Sub-Industry | Single-Family Residential REITs |
| Market Capitalization | 14.93 billion USD |
| Currency | USD |
| Exchange | NYSE |
| Listing Date | December 9, 1993 |
| Security Type | REIT |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | Current stock: SUI | Industry group median |
|---|---|---|
| Total Return (1Y) | -1.28% | 12.32% |
| Total Return (3Y, Annualized) | 6.25% | 12.70% |
| Total Return (5Y, Annualized) | -5.75% | 0.76% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | Current stock: SUI | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 21.19% | 23.60% |
| Beta (5Y) | 0.72 | 0.93 |
| Max Drawdown (5Y) | -48.72% | -42.02% |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | Current stock: SUI | Industry group median |
|---|---|---|
| Sharpe Ratio (1Y) | -0.26 | 0.37 |
| Sortino Ratio (1Y) | -0.38 | 0.55 |
Profitability
ROE (TTM)
Sun Communities (SUI) posts ROE of 4.89%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.
SUI
Equity Real Estate Investment Trusts (REITs) industry group
4.89%
Group distribution
- Max
- 22.74%
- Q3
- 10.54%
- Median
- 6.38%
- SUI
- 4.89%
- Q1
- 1.69%
- Min
- -10.86%
Largest peers
- SPG
- 129.35%
- AMT
- 32.96%
- EQIX
- 11.45%
- PLD
- 7.71%
- SUI
- 4.89%
- WELL
- 3.92%
- DLR
- 3.34%
Net Margin (TTM)
net margin is set aside for Sun Communities (SUI) in Equity Real Estate Investment Trusts (REITs): heavy depreciation can make net income a poor proxy for cash profitability, so FFO-based measures usually carry the read.
Operating Margin (TTM)
operating margin is set aside for Sun Communities (SUI) in Equity Real Estate Investment Trusts (REITs): the operating-income line is not a clean boundary for this business model, so net margin, ROE, FFO, or industry-specific measures may be more useful.
Profitability Metrics
| Metric | Current stock: SUI | Industry group median |
|---|---|---|
| ROE (TTM) | 4.89% | 6.38% |
| ROA (TTM) | 2.74% | 2.44% |
| Net Margin (TTM) | -- | -- |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Sun Communities (SUI) grew revenue 0.77%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.
EPS Growth
EPS growth is not assessed for Sun Communities (SUI) in Equity Real Estate Investment Trusts (REITs): under this industry convention, per-share earnings need a different yardstick.
Growth Metrics
| Metric | Current stock: SUI | Industry group median |
|---|---|---|
| Revenue Growth (YoY) | 0.77% | 5.25% |
| Revenue Growth (3Y CAGR) | -8.37% | 5.09% |
| EPS Growth (YoY) | -- | -- |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Sun Communities (SUI) has current ratio of 3.07, above the industry’s typical middle range. Liquidity looks ample versus peers, though an unusually high cushion can also mean idle current assets or inefficient working capital.
SUI
Equity Real Estate Investment Trusts (REITs) industry group
3.07
Group distribution
- Max
- 4.19
- SUI
- 3.07
- Q3
- 2.11
- Median
- 1.31
- Q1
- 0.62
- Min
- 0.06
Largest peers
- SUI
- 3.07
- WELL
- 1.66
- EQIX
- 1.04
- PLD
- 0.73
- DLR
- 0.58
- SPG
- 0.39
- AMT
- 0.35
Debt / Equity (MRQ)
Sun Communities (SUI) has debt-to-equity ratio of 0.72, in the lower-leverage quartile for its industry. Borrowing is modest relative to equity compared with most peers, which can leave more flexibility through a cycle.
SUI
Equity Real Estate Investment Trusts (REITs) industry group
0.72
Group distribution
- Max
- 2.72
- Q3
- 1.59
- Median
- 0.99
- Q1
- 0.72
- SUI
- 0.72
- Min
- 0.20
Largest peers
- SPG
- 5.67
- AMT
- 4.64
- EQIX
- 1.81
- SUI
- 0.72
- DLR
- 0.69
- PLD
- 0.62
- WELL
- 0.42
Financial Strength Metrics
| Metric | Current stock: SUI | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 3.07 | 1.31 |
| Debt / Equity (MRQ) | 0.72 | 0.99 |
| Net Debt / EBITDA | 3.02 | 5.82 |
Dividends
Dividend Yield (TTM)
Sun Communities (SUI) has dividend yield of 3.60%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.
SUI
Equity Real Estate Investment Trusts (REITs) industry group
3.60%
Group distribution
- Max
- 8.62%
- Q3
- 5.95%
- Median
- 4.34%
- SUI
- 3.60%
- Q1
- 3.26%
- Min
- 0.00%
Largest peers
- AMT
- 3.64%
- SUI
- 3.60%
- PLD
- 3.28%
- DLR
- 2.79%
- EQIX
- 2.02%
- WELL
- 1.30%
- SPG
- 0.97%
Dividend Payout Ratio (TTM)
payout ratio is not assessed for Sun Communities (SUI) in Equity Real Estate Investment Trusts (REITs): distributions in this industry are better read against FFO or cash-flow measures than accounting earnings.
Dividend Metrics
| Metric | Current stock: SUI | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 3.60% | 4.34% |
| Dividend Payout Ratio (TTM) | -- | -- |
Valuation
P/E Ratio (TTM)
P/E ratio is not assessed for Sun Communities (SUI) in Equity Real Estate Investment Trusts (REITs): depreciation can depress accounting earnings in this industry, so price-to-FFO is the more relevant valuation yardstick.
P/S Ratio (TTM)
Sun Communities (SUI) trades at 6.39 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.
SUI
Equity Real Estate Investment Trusts (REITs) industry group
6.39
Group distribution
- Max
- 14.47
- Q3
- 8.02
- SUI
- 6.39
- Median
- 5.98
- Q1
- 3.27
- Min
- 0.43
Largest peers
- WELL
- 13.03
- PLD
- 12.48
- SPG
- 12.09
- EQIX
- 9.88
- DLR
- 9.47
- AMT
- 7.95
- SUI
- 6.39
P/B Ratio (MRQ)
Sun Communities (SUI) trades at 2.76 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.
SUI
Equity Real Estate Investment Trusts (REITs) industry group
2.76
Group distribution
- Max
- 4.06
- SUI
- 2.76
- Q3
- 2.53
- Median
- 1.64
- Q1
- 1.06
- Min
- 0.21
Largest peers
- AMT
- 24.92
- SPG
- 19.38
- EQIX
- 6.90
- WELL
- 3.69
- SUI
- 2.76
- DLR
- 2.39
- PLD
- 2.16
Valuation Metrics
| Metric | Current stock: SUI | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | -- | -- |
| P/S Ratio (TTM) | 6.39 | 5.98 |
| P/B Ratio (MRQ) | 2.76 | 1.64 |
| Free Cash Flow Yield (TTM) | -- | -- |