Sun Communities (SUI) Gets a Hold from Truist Financial

In a report released on May 14, Anthony Hau from Truist Financial maintained a Hold rating on Sun Communities (SUI – Research Report), with a price target of $127.00. The company’s shares closed yesterday at $118.39.

Hau covers the Real Estate sector, focusing on stocks such as DigitalBridge Group, Sun Communities, and Whitestone REIT. According to TipRanks, Hau has an average return of 1.4% and a 54.24% success rate on recommended stocks.

Sun Communities has an analyst consensus of Moderate Buy, with a price target consensus of $137.89.

SUI market cap is currently $14.64B and has a P/E ratio of 101.59.

Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SUI in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Sun Communities (SUI) Company Description:

Sun Communities, Inc. provides real estate management services. The firm operates through the following segments: Real Property Operations and Home Sales and Rentals. The Real Property Operations segment owns, operates, and develops manufacture housing communities and recreational vehicle communities throughout the United States and is in the business of acquiring, operating, and expanding manufactured housing and recreational vehicle communities. The Home Sales and Rentals segment offers manufactured home sales and leasing services to tenants and prospective tenants of its communities. The company was founded in 1975 and is headquartered in Southfield, MI.