How to Buy Sun Communities Stock
Sun Communities Inc
Sun Communities is a residential REIT company located in Michigan, United States, which is part of the Real Estate sector, and is traded under the ticker SUI on the NYSE exchange.
Sun Communities stock last closed at $120.30, up 0.22% from the previous day, and has decreased 13.22% in one year. It has underperformed other stocks in the REIT - Residential industry by 0.13 percentage points. Sun Communities stock is currently +17.09% from its 52-week low of $102.74, and -14.99% from its 52-week high of $141.52.
As of Apr 24, 2024, there are 124.41M shares of SUI outstanding. The market value of SUI is $14.97B. In the past 24 hours, 596,105 SUI shares were traded.
How to Buy Sun Communities Stock
Not sure how to invest in Sun Communities stock? Here's how.
- Figure out where to buy Sun Communities stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Sun Communities stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Pick your method of payment and add your info.
- Evaluate Sun Communities stock: The Sun Communities ticker symbol is SUI. Is Sun Communities stock a good investment? Should you buy shares of SUI? How do SUI's underlying business fundamentals look? Do top analysts think Sun Communities is a good buy? Why has SUI's stock price moved recently? (Hint: Our stock market analysis website can help you decide if SUI is a good stock to buy).
- Make your SUI trade: Decide if you will purchase SUI shares at the current market price or use a limit order to purchase SUI shares at a specific price.
- Get key alerts regarding your SUI position: Create a watchlist to watch your position in Sun Communities stock.
Step 1: Figure out where to buy Sun Communities stock
You will need an online brokerage account in order to access the NYSE market and buy SUI stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal details so you can buy SUI today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open a new brokerage account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've created your account on a mobile trading app, your next step is to transfer the money for your investment:
Check out the tutorial below if you need help transferring funds into your new investment account.
Step 4: Evaluate Sun Communities stock
After you have chosen the best place to buy Sun Communities stock, it's absolutely critical to evaluate their stock prior to investing, so you can understand the risk as well as the upside.
Sun Communities stock data
SUI Due Diligence Checks
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on SUI's stock page.
How is SUI stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SUI's intrinsic value.
Using relative valuations methods:
- SUI could be undervalued based on its P/B ratio of 2.09x, relative to REIT - Residential industry P/B ratio of 2.29x
You can access more valuation analysis on SUI's stock here.
SUI Financial Summary
Negative Health Checks:
- Total SUI debt is higher than 5 years ago, relative to shareholder equity.
- SUI profit margin has gone down from 8.1% to -6.6% in the past year.
- SUI has a relatively high debt to equity ratio of 1.33.
Is it a good time to buy SUI stock, according to Wall Street analysts?
Out of 7 sell side analysts who research SUI, the consensus analyst rating on Sun Communities is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent SUI Analyst Recommendations
Steve Sakwa, a bottom 10% analyst from Evercore ISI Group maintains SUI with a buy rating and raises their SUI price target from $128.00 to $132.00, on Nov 27, 2023.
James Feldman, a top 28% analyst from Wells Fargo maintains SUI with a hold rating and lowers their SUI price target from $129.00 to $123.00, on Nov 13, 2023.
You can dig deeper into what analysts are projecting on the Sun Communities stock forecast page.
SUI Technical Indicators
Is SUI Growing Revenue?
Last year, SUI revenue was $3.22B. During the last five year, SUI's revenue has increased by 23.4% per year. This was faster than the REIT - Residential industry average of 7.67%.
Learn more about SUI's earnings and revenue performance here.
Latest Insiders Trades at SUI
In the last year, executives and large shareholders at SUI have bought more shares than they have sold.
Fernando Castrocaratini, EVP CFO Sec. Treas. of SUI, was the latest SUI insider to sell. They sold $120,420.00 worth of SUI shares on Apr 15, 2024.
Get more info about who owns SUI shares here.
Does SUI provide a stable income stream?
Sun Communities pays a dividend of 3.1%, compared to the REIT - Residential industry's average dividend yield of 4.1%. If you owned $1,000 of SUI stock, you would have received $31.01 last year.
Sun Communities dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Sun Communities dividend yield and history here.
What do other traders have to say about SUI?
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your SUI trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, place a limit order.
Hit the Open button and your broker will place your order.
If you want additional help buying stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your SUI position
Now that you own some shares in SUI, you'll want to keep up with your new investment.
Put SUI on a watchlist to keep track of your SUI stock.
SUI Feed
How to Buy Stock in Sun Communities
To summarize, here are the 6 steps for buying Sun Communities stock:
- Figure out where to buy Sun Communities stock
- Open your brokerage account
- Deposit money your brokerage account
- Evaluate Sun Communities stock
- Make your SUI trade
- Get key alerts regarding your SUI position
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Sun Communities, create your watchlist below.
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