SUI / Manufactured Housing: The Sun Will Rise Again

Sun Communities, Inc. (NYSE:SUI ) Q3 2023 Earnings Conference Call October 26, 2023 2:00 PM ET Company Participants Gary Shiffman - Chairman, Presiden more_horizontal

In the REIT's third quarter, revenue well exceeded analyst expectations. Neither profitability nor funds from operations changed meaningfully on a yea more_horizontal

Sun Communities' shares have fallen 24% in the past six months due to concerns over its recently acquired UK business. However, the company's core US more_horizontal

Southfield, MI, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) more_horizontal

Southfield, MI, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust ("REIT") that more_horizontal

Following nine straight years of outperformance over the REIT Index, Manufactured Housing REITs have uncharacteristically stumbled over the past year, more_horizontal

Sun Communities (SUI) came out with quarterly funds from operations (FFO) of $1.96 per share, beating the Zacks Consensus Estimate of $1.95 per share. more_horizontal

Equity LifeStyle Properties and Sun Communities are similar lifestyle-oriented REITs that have generally traded in-line with one another. In recent pe more_horizontal