On Nov 08, major Wall Street analysts update their ratings for $Sun Communities Inc (SUI.US)$, with price targets ranging from $135 to $150.
Evercore analyst Steve Sakwa maintains with a hold rating, and adjusts the target price from $149 to $150.
BMO Capital analyst John Kim maintains with a buy rating, and adjusts the target price from $136 to $138.
RBC Capital analyst Brad Heffern maintains with a buy rating, and adjusts the target price from $147 to $135.
Truist Financial analyst Anthony Hau maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Sun Communities Inc (SUI.US)$'s main analysts recently are as follows:
Sun Communities experienced one of the most challenging quarters in recent memory, with a combination of increased expenses, subdued demand in the transient/marina segment, hurricane repercussions, and a slower response in adjusting expenses negatively impacting the company's outlook. As a result, there has been a 5% decrease in the guidance for 2024.
Sun Communities' third-quarter results were notably disappointing, marked by a core FFO per share miss and lowered guidance. Concurrently, the company announced substantial management changes, including the retirements of the CEO and a board member. It is anticipated that these adjustments may precede more considerable strategic shifts, potentially involving the divestiture or sale of Park Holidays or Safe Harbor.
The relative resiliency of the business model for Sun Communities is acknowledged, yet the company's quarterly reports have shown a lack of resilience. With an adjustment in guidance for North America same-store Net Operating Income (NOI) growth by 2.25% across every segment, there is a cautious approach until the company can demonstrate consistent, stable quarters.
Here are the latest investment ratings and price targets for $Sun Communities Inc (SUI.US)$ from 4 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
美東時間11月8日,多家華爾街大行更新了$Sun Communities (SUI.US)$的評級,目標價介於135美元至150美元。
Evercore分析師Steve Sakwa維持持有評級,並將目標價從149美元上調至150美元。
BMO資本市場分析師John Kim維持買入評級,並將目標價從136美元上調至138美元。
加皇資本市場分析師Brad Heffern維持買入評級,並將目標價從147美元下調至135美元。
儲億銀行分析師Anthony Hau維持持有評級。
此外,綜合報道,$Sun Communities (SUI.US)$近期主要分析師觀點如下:
Sun Communities經歷了近年來其中一個最具挑戰性的季度,支出增加、短期/海濱部門需求冷淡、颶風后果以及支出調整反應較慢等因素共同影響了公司的前景。因此,2024年指引下調了5%。
Sun Communities的第三季度業績令人失望,主要表現爲核心每股FFO不及預期和指引下調。與此同時,公司宣佈了重大管理變動,包括首席執行官和一名董事的退休。預計這些調整可能爲更大規模的戰略轉變鋪平道路,可能涉及Park Holidays或Safe Harbor的剝離或出售。
儘管認可Sun Communities的商業模式相對具有韌性,但公司的季度報告顯示出缺乏韌性。在調整了北美同店淨營業收入(NOI)增長指引2.25%後,對每個部門採取了謹慎態度,直到公司能夠展示穩健的持續季度業績。
以下爲今日4位分析師對$Sun Communities (SUI.US)$的最新投資評級及目標價:
提示:
TipRanks為獨立第三方,提供金融分析師的分析數據,並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議,僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級,分析師星級代表分析師所有推薦的過往表現,通過分析師的總勝率和平均回報率综合計算得出,星星越多,則該分析師過往表現越優異,最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否,取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合,並根據評級變化對組合進行調整,在近一年中該投資組合所獲得的回報率。