On Nov 08, major Wall Street analysts update their ratings for $Sun Communities Inc (SUI.US)$, with price targets ranging from $135 to $150.
Evercore analyst Steve Sakwa maintains with a hold rating, and adjusts the target price from $149 to $150.
BMO Capital analyst John Kim maintains with a buy rating, and adjusts the target price from $136 to $138.
RBC Capital analyst Brad Heffern maintains with a buy rating, and adjusts the target price from $147 to $135.
Truist Financial analyst Anthony Hau maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Sun Communities Inc (SUI.US)$'s main analysts recently are as follows:
Sun Communities experienced one of the most challenging quarters in recent memory, with a combination of increased expenses, subdued demand in the transient/marina segment, hurricane repercussions, and a slower response in adjusting expenses negatively impacting the company's outlook. As a result, there has been a 5% decrease in the guidance for 2024.
Sun Communities' third-quarter results were notably disappointing, marked by a core FFO per share miss and lowered guidance. Concurrently, the company announced substantial management changes, including the retirements of the CEO and a board member. It is anticipated that these adjustments may precede more considerable strategic shifts, potentially involving the divestiture or sale of Park Holidays or Safe Harbor.
The relative resiliency of the business model for Sun Communities is acknowledged, yet the company's quarterly reports have shown a lack of resilience. With an adjustment in guidance for North America same-store Net Operating Income (NOI) growth by 2.25% across every segment, there is a cautious approach until the company can demonstrate consistent, stable quarters.
Here are the latest investment ratings and price targets for $Sun Communities Inc (SUI.US)$ from 4 analysts:
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美東時間11月8日，多家華爾街大行更新了$Sun Communities (SUI.US)$的評級，目標價介於135美元至150美元。
Evercore分析師Steve Sakwa維持持有評級，並將目標價從149美元上調至150美元。
BMO資本市場分析師John Kim維持買入評級，並將目標價從136美元上調至138美元。
加皇資本市場分析師Brad Heffern維持買入評級，並將目標價從147美元下調至135美元。
儲億銀行分析師Anthony Hau維持持有評級。
此外，綜合報道，$Sun Communities (SUI.US)$近期主要分析師觀點如下：
Sun Communities經歷了近年來其中一個最具挑戰性的季度，支出增加、短期/海濱部門需求冷淡、颶風后果以及支出調整反應較慢等因素共同影響了公司的前景。因此，2024年指引下調了5%。
Sun Communities的第三季度業績令人失望，主要表現爲核心每股FFO不及預期和指引下調。與此同時，公司宣佈了重大管理變動，包括首席執行官和一名董事的退休。預計這些調整可能爲更大規模的戰略轉變鋪平道路，可能涉及Park Holidays或Safe Harbor的剝離或出售。
儘管認可Sun Communities的商業模式相對具有韌性，但公司的季度報告顯示出缺乏韌性。在調整了北美同店淨營業收入（NOI）增長指引2.25%後，對每個部門採取了謹慎態度，直到公司能夠展示穩健的持續季度業績。
以下爲今日4位分析師對$Sun Communities (SUI.US)$的最新投資評級及目標價：
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