10-Q - SUN COMMUNITIES INC (0000912593) (Filer)

8-K - SUN COMMUNITIES INC (0000912593) (Filer)

8-K - SUN COMMUNITIES INC (0000912593) (Filer)

8-K - SUN COMMUNITIES INC (0000912593) (Filer)

8-K - SUN COMMUNITIES INC (0000912593) (Filer)

8-K - SUN COMMUNITIES INC (0000912593) (Filer)

10-Q - SUN COMMUNITIES INC (0000912593) (Filer)

8-K - SUN COMMUNITIES INC (0000912593) (Filer)

8-K - SUN COMMUNITIES INC (0000912593) (Filer)

8-K - SUN COMMUNITIES INC (0000912593) (Filer)

SC 13G - SUN COMMUNITIES INC (0000912593) (Subject)

SC 13G/A - SUN COMMUNITIES INC (0000912593) (Subject)

SC 13G/A - SUN COMMUNITIES INC (0000912593) (Subject)

SC 13G/A - SUN COMMUNITIES INC (0000912593) (Subject)

Southfield, MI, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the "Company"), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured housing ("MH") and recreational vehicle ("RV") communities and marinas, today provided the following update: Restructuring and Cost Cutting Plan The Company is announcing a comprehensive restructuring effort to more effectively align the Company's cost structure and deliver sustainable earnings growth. The Company is proactively addressing its challenges and is implementing a plan to unlock the value and earnings potential of the Company. The Company has been considering and stu

      Net Income per Diluted Share of $2.31 for the Quarter Core FFO per Share of $2.34 for the Quarter       North America Same Property NOI increased by 0.5% for the Quarter and 3.6% for the First Nine Months of 2024 versus corresponding 2023 Periods North America Same Property Adjusted Blended Occupancy for MH and RV of 98.8% represents a 160 basis point year-over-year increase       Revising Full-Year Core FFO per Share Guidance for 2024 to $6.76 - $6.84 Revising Full-Year North America Same Property NOI Growth Guidance for 2024 to 2.6% - 3.3% and Revising Full-Year UK Same Property NOI Growth Guidance Range to 7.1% - 8.7% Establishing Preliminary Guidance f

Southfield, MI, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the "Company"), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured housing ("MH") and recreational vehicle ("RV") communities and marinas, announces it will release third quarter 2024 operating results after the market closes on Wednesday, November 6, 2024. The Company will host a conference call to discuss these results on Wednesday, November 6, 2024, at 5:00 P.M. ET. To Participate in the Conference Call: Dial in at least 5 minutes prior to start time.U.S. and Canada: (800) 245-3047International: (203) 518-9765 All participants and speakers will need to

Southfield, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the "Company"), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured housing ("MH") and recreational vehicle ("RV") communities and marinas, did not incur any material building or structure damage as a result of Hurricane Helene. The Company has access to all its properties, and assessments are still in the early stages. Clean-up and restoration efforts are underway at all affected communities and marinas. At this time, we do not expect Hurricane Helene to have a significant impact on our operating results or financial condition. "The safety and well-being of

DALLAS, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Aligned Data Centers, a leading technology infrastructure company offering innovative, sustainable, and adaptive Scale Data Centers and Build-to-Scale solutions for global hyperscale and enterprise customers, today announced the appointment of Meghan Baivier as Chief Financial Officer (CFO). In addition, the company announced the transition of former CFO, Anubhav Raj, to Aligned's new Chief Investment Officer (CIO). Meghan Baivier Joins as Chief Financial Officer  Ms. Baivier brings over 23 years of experience in finance and leadership to Aligned's senior leadership team. She will oversee the company's financial strategy and operations. Ms. Bai

Southfield, MI, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the "Company") a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured housing ("MH") and recreational vehicle ("RV") communities and marinas (collectively, the "properties"), today announced its Board of Directors declared a quarterly distribution of $0.94 per share of common stock for the third quarter of 2024. The distribution is payable on October 15, 2024 to shareholders of record on September 30, 2024. About Sun Communities, Inc. Sun Communities, Inc. is a REIT that, as of June 30, 2024, owned, operated, or had an interest in a portfolio of 666 developed

      Net Income per Diluted Share of $0.42 for the Quarter Core FFO per Share of $1.86 for the Quarter       North America Same Property NOI increased by 3.6% for the Quarter and 5.6% for the First Six Months of 2024 versus corresponding 2023 Periods North America Same Property Adjusted Blended Occupancy for MH and RV of 98.7% represents a 150 basis point year-over-year increase       Reiterating Full-Year Core FFO per Share Guidance for 2024 of $7.06 - $7.22 Full-Year North America Same Property NOI Growth Guidance Range of 4.7% - 5.7%, Maintaining 5.2% Midpoint and Revising Full-Year UK Same Property NOI Growth Guidance Range to 8.6% - 10.4% Southfield, MI, July 31, 2024 (GLOBE NEWS

Southfield, MI, July 01, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the "Company"), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured housing and recreational vehicle communities and marinas (collectively, the "properties"), announces it will release second quarter 2024 operating results after the market closes on Wednesday, July 31, 2024. The Company will host a conference call to discuss these results on Thursday, August 1, 2024, at 2:00 P.M. ET. To Participate in the Conference Call: Dial in at least 5 minutes prior to start time.U.S. and Canada: (877) 407-9039International: (201) 689-8470 The conference call will also

Southfield, MI, June 03, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the "Company") a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured housing ("MH") and recreational vehicle ("RV") communities and marinas (collectively, the "properties"), today announced its Board of Directors declared a quarterly distribution of $0.94 per share of common stock for the second quarter of 2024. The distribution is payable on July 15, 2024 to shareholders of record on June 28, 2024. About Sun Communities, Inc. Sun Communities, Inc. is a REIT that, as of March 31, 2024, owned, operated, or had an interest in a portfolio of 665 developed propert

Believes NHI's Reactive Actions Disclosed in its Supplemental Proxy are Too Little, Too Late, and Fail to Address the Serious Corporate Governance Concerns and Conflicts of Interest Among Board Members Previously Highlighted By Land & Buildings Argues that NHI Should Commit to Working Directly with Shareholders to Identify a New, Truly Independent Director and to Fully Declassifying the Board at the 2025 Annual Meeting Continues to Urge NHI Shareholders to Send a Clear Message that Change is Needed By Voting "AGAINST" Incumbent Directors Robert Webb and Charlotte Swafford Today, Land & Buildings Investment Management, LLC (together with its affiliates, "Land & Buildings"), a significa

UBS downgraded Sun Communities from Buy to Neutral and set a new price target of $134.00 from $155.00 previously

BofA Securities downgraded Sun Communities from Neutral to Underperform and set a new price target of $114.00

Robert W. Baird downgraded Sun Communities from Outperform to Neutral and set a new price target of $126.00 from $145.00 previously

Jefferies initiated coverage of Sun Communities with a rating of Buy and set a new price target of $160.00

Evercore ISI downgraded Sun Communities from Outperform to In-line and set a new price target of $149.00 from $144.00 previously

Deutsche Bank initiated coverage of Sun Communities with a rating of Hold and set a new price target of $129.00

Truist downgraded Sun Communities from Buy to Hold and set a new price target of $143.00 from $130.00 previously

Compass Point initiated coverage of Sun Communities with a rating of Neutral and set a new price target of $125.00

BofA Securities downgraded Sun Communities from Buy to Neutral and set a new price target of $128.00 from $148.00 previously

Wolfe Research upgraded Sun Communities from Peer Perform to Outperform and set a new price target of $155.00

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4 - SUN COMMUNITIES INC (0000912593) (Issuer)

4 - SUN COMMUNITIES INC (0000912593) (Issuer)

4 - SUN COMMUNITIES INC (0000912593) (Issuer)

4 - SUN COMMUNITIES INC (0000912593) (Issuer)

4 - SUN COMMUNITIES INC (0000912593) (Issuer)

4 - SUN COMMUNITIES INC (0000912593) (Issuer)

Sun Communities's (NYSE:SUI) short percent of float has fallen 11.41% since its last report. The company recently reported that it has 1.51 million shares sold short, which is 1.63% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.27 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short intere

Sun Communities's (NYSE:SUI) short percent of float has risen 3.37% since its last report. The company recently reported that it has 1.69 million shares sold short, which is 1.84% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.67 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest

Sun Communities's (NYSE:SUI) short percent of float has risen 7.23% since its last report. The company recently reported that it has 1.64 million shares sold short, which is 1.78% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.06 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest

JMP Securities analyst Aaron Hecht reiterates Sun Communities (NYSE:SUI) with a Market Outperform and maintains $150 price target.

Sun Communities's (NYSE:SUI) short percent of float has fallen 5.39% since its last report. The company recently reported that it has 1.45 million shares sold short, which is 1.58% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.35 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interes

RBC Capital analyst Brad Heffern maintains Sun Communities (NYSE:SUI) with a Outperform and lowers the price target from $142 to $130.

Evercore ISI Group analyst Steve Sakwa maintains Sun Communities (NYSE:SUI) with a Outperform and lowers the price target from $145 to $128.

U.S. residential home prices accelerated in February. Prices defied the gravitational pull of high mortgage costs and surpassed analysts’ expectations as reduced supply and robust economic momentum continued to drive up property valuations. U.S. house prices saw a 1.2% month-over-month growth in February 2024, the largest increase in a single month since April 2022, significantly outpacing expectations of a 0.1% growth, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). Home Prices ‘Rebounded’ Across the nine census divisions, the seasonally adjusted monthly price changes from January 2024 to February 2024 ranged from

Southfield, MI, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the "Company"), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured housing ("MH") and recreational vehicle ("RV") communities and marinas, today provided the following update: Restructuring and Cost Cutting Plan The Company is announcing a comprehensive restructuring effort to more effectively align the Company's cost structure and deliver sustainable earnings growth. The Company is proactively addressing its challenges and is implementing a plan to unlock the value and earnings potential of the Company. The Company has been considering and stu

DALLAS, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Aligned Data Centers, a leading technology infrastructure company offering innovative, sustainable, and adaptive Scale Data Centers and Build-to-Scale solutions for global hyperscale and enterprise customers, today announced the appointment of Meghan Baivier as Chief Financial Officer (CFO). In addition, the company announced the transition of former CFO, Anubhav Raj, to Aligned's new Chief Investment Officer (CIO). Meghan Baivier Joins as Chief Financial Officer  Ms. Baivier brings over 23 years of experience in finance and leadership to Aligned's senior leadership team. She will oversee the company's financial strategy and operations. Ms. Bai

Believes NHI is Significantly Undervalued with Opportunities to Unlock its Valuable Assets, Including Upcoming Lease Renewal with Tenant National Healthcare Corporation Highlights Poor Corporate Governance and Serious Conflicts of Interest Among Board Members Expresses Serious Concerns that NHI Board Cannot Fairly Represent Both Landlord and Tenant in Lease Renegotiation Given Substantial Economic and Personal Ties to NHC Discloses Likely Substantial Upside to Lease Rental Rates if Lease is Negotiated at Arms-Length Believes Shareholders Need to Send a Clear Message at Upcoming Annual Meeting – Ahead of Critical Lease Renegotiations – that Maintaining the Status Quo is Not an Option

Southfield, MI, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the "Company" and "Sun") announced today that Jerry Ehlinger and Craig A. Leupold have joined the Company's Board of Directors (the "Board"), effective immediately. Gary Shiffman, Chairman, President and Chief Executive Officer, commented, "We welcome Jerry and Craig to the Board and appreciate the collaborative engagement we have had with Land & Buildings, a Sun Communities shareholder. Jerry has a decades-long REIT pedigree and Craig brings new perspectives in real estate investment management. These appointments are another step in refreshing our Board, ensuring we have fresh perspectives and th

Southfield, MI, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the "Company" and "Sun"), announced, effective today, that, Mr. Jeff Blau has joined the Company's Board of Directors (the "Board") as an independent director. Mr. Blau is Chief Executive Officer and a partner of Related Companies, a fully-integrated real estate firm based in New York, NY. For over 33 years, he has directed and overseen new developments totaling over $60 billion in virtually every sector of the real estate industry. As CEO, he is responsible for Related Companies' strategic direction, acquisitions and new development opportunities, and financing activities across all business platforms.

Southfield, MI, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) a real estate investment trust that owns and operates, or has an interest in, manufactured housing communities, recreational vehicle resorts and marinas, announced today the appointment of Aaron Weiss as Executive Vice President of Corporate Strategy and Business Development. This is a new position that reports to Chairman and Chief Executive Officer Gary A. Shiffman and President and Chief Operating Officer John B. McLaren. Mr. Weiss will be responsible for coordinating corporate strategy, planning and business development and will begin his new role on October 18, 2021. "Aaron's extensive experien

Southfield, MI, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the "Company") announced, effective today, that Ms. Tonya Allen has joined the Company’s Board of Directors (the “Board”) as an independent director, bringing an expert perspective on sustainability and social issues, an important focus for the Company. Ms. Allen is a civic leader who has spent her career working successfully in business, government and philanthropy to champion education, economic development, and racial equity. Since 2013 she has served as President and CEO of The Skillman Foundation, a Detroit-based philanthropic organization that works to ensure Detroit youth achieve

BLOOMFIELD HILLS, Mich., Dec. 3, 2020 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that Karen J. Dearing has joined the Company's Board of Directors (the "Board") and will serve as a member of the Company's Audit Committee. Ms. Dearing currently serves as the Chief Financial Officer, Secretary, Treasurer and Executive Vice President of Sun Communities, Inc. (NYSE: SUI) ("Sun Communities"), a position she has held since 2008.  Prior to joining Sun Communities in 1998, Ms. Dearing had over seven years of experience as the Financial Controller of a privately-owned automotive supplier and over four years of experience as a certified public accountant w

Southfield, MI, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in manufactured housing and recreational vehicle communities and marinas, today announced its Board of Directors declared a quarterly distribution of $0.79 per share of common stock for the fourth quarter of 2020. The distribution is payable January 15, 2021 to shareholders of record on December 31, 2020.  About Sun Communities, Inc. Sun Communities, Inc. is a REIT that, as of October 30, 2020, when it completed its acquisition of Safe Harbor Marinas, LLC, owned, operated, or had an interest