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Sun Communities Reaches Analyst Target Price
Tuesday, March 3, 9:42 AM ET, by Market News Video Staff

In recent trading, shares of Sun Communities Inc (SUI) have crossed above the average analyst ...

SUI Makes Notable Cross Below Critical Moving Average
Thursday, March 12, 11:04 AM ET, by Market News Video Staff

In trading on Thursday, shares of Sun Communities Inc (SUI) crossed below their 200 day ...

Sun Communities Becomes Oversold (SUI)
Monday, March 16, 11:52 AM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

Sun Communities (SUI) Passes Through 3% Yield Mark
Wednesday, March 18, 4:17 PM ET, by Market News Video Staff

In trading on Wednesday, shares of Sun Communities Inc (SUI) were yielding above the 3% ...

May 15th Options Now Available For Sun Communities (SUI)
Monday, March 23, 10:38 AM ET, by Market News Video Staff

Investors in Sun Communities Inc (SUI) saw new options become available today, for the May ...

Investors Land SUI Even Lower Than Its Secondary Stock Offering

By Market News Video Staff, Monday, October 26, 9:59 AM ET
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Looking back to 26 days ago, Sun Communities Inc (NYSE:SUI) priced a 8,000,000 share secondary stock offering at $139.50 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time. In trading on Monday, bargain hunters could buy shares of SUI and achieve a cost basis even cheaper than those buyers, with shares changing hands as low as $139.08 per share.

Secondaries can often present buying opportunities for bullish investors interested in purchasing shares, because the sudden extra supply of stock tends to require that the offering be priced at an attractive discount to where the stock had previously been trading before the offering announcement. At last check, Sun Communities Inc shares are currently trading down about 1.8% on the day. The chart below shows the one year performance of SUI shares, versus its 200 day moving average:

Sun Communities Inc Chart

Looking at the chart above, SUI's low point in its 52 week range is $95.34 per share, with $173.98 as the 52 week high point — that compares with a last trade of $139.53.

The current annualized dividend paid by Sun Communities Inc is $3.16/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 09/29/2020. Below is a long-term dividend history chart for SUI, which can be of good help in judging whether the most recent dividend with approx. 2.2% annualized yield is likely to continue.

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