Sun Communities (NYSE:SUI) is a fully integrated real estate investment trust that specializes in acquiring, operating, developing, and expanding manufactured housing, outdoor vacation, and marina properties. As a premiere owner and operator in the industry, Sun Communities has established itself as a leader in the real estate market.
The company is set to report its Q1 2025 earnings on April 28, with Wall Street analysts expecting revenues of $702.44 million, up from $671.30 million in the prior-year period. This anticipated growth reflects the company’s strong performance and strategic investments in its diverse portfolio of properties.
One key metric to consider when evaluating Sun Communities is its dividend yield, which currently stands at 2.93%. The company paid $3.82 per share in dividends over the last 12 months, providing investors with a steady income stream. For those looking to generate $100 per month in dividends from Sun Communities, an investment value of approximately $40,956 would be needed, which equates to around 314 shares at $130.25 each.
Understanding how dividend yield is calculated is essential for investors. By dividing the annual dividend payments by the current stock price, investors can determine the percentage return they can expect from their investment. It’s important to note that dividend yield can fluctuate over time due to changes in stock prices and dividend payments.
In February 2025, Sun Communities announced its Q4 earnings, posting FFO of $1.41, slightly below the consensus estimate of $1.42. However, revenues of $745.90 million exceeded expectations, coming in above the consensus of $722.18 million. The company also provided its full-year 2025 guidance, expecting core FFO per share in the range of $4.81 to $5.05, indicating a positive outlook for the year ahead.
For further insights into Sun Communities, investors can refer to an article by Benzinga, which features analysis from four analysts on the company’s performance and prospects. This additional information can help investors make informed decisions about their investment strategies and portfolio allocations.
In conclusion, Sun Communities continues to be a strong player in the real estate market, with a diverse portfolio of properties and a solid track record of performance. By understanding key metrics such as dividend yield and earnings reports, investors can make informed decisions about their investments in the company. As the company prepares to report its Q1 2025 earnings, all eyes will be on Sun Communities to see how it continues to deliver value to its shareholders.
