Sun Communities to Release Financials

Real estate investment trust (REIT) Sun Communities, Inc. (NYSE:SUI) will release its earnings report Thurs., Feb. 20. With a 52-week high of $57.78 and a low of $39.53, the stock has a 50-day moving average of $44.99, a market cap of $1,729 billion and price-to-earnings ratio of 171.93. The stock’s 200-day moving average is $47.39, according to wkrb13.com. Sun currently has an average rating of “buy,” although Wells Fargo upgraded shares on Jan. 7 from “market perform” to “outperform.” MHProNews.com knows Sun owns 185 manufactured home and recreational vehicle communities comprising 68,300 homesites. To participate in the conference call, go to www.suncommunities.com.##

(Photo credit: Sun Communities, Inc.)

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