RBC Capital analyst Brad Heffern maintained a Buy rating on Sun Communities (NYSE:SUI) on Monday, setting a price target of $188, which is approximately 5.86% above the present share price of $177.6.
Heffern expects Sun Communities to post earnings per share (EPS) of $0.23 for the second quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Sun Communities, with an average price target of $180.8.
The analysts price targets range from a high of $190 to a low of $174.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $439.38 million and a net profit of $64.9 million. The company's market cap is $20.14 billion.
According to TipRanks.com, RBC Capital analyst Brad Heffern is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 22.1% and a 54.05% success rate.
Sun Communities, Inc. provides real estate management services. The firm operates through the following segments: Real Property Operations and Home Sales and Rentals. The Real Property Operations segment owns, operates, and develops manufacture housing communities and recreational vehicle communities throughout the United States and is in the business of acquiring, operating, and expanding manufactured housing and recreational vehicle communities. The Home Sales and Rentals segment offers manufactured home sales and leasing services to tenants and prospective tenants of its communities. The company was founded in 1975 and is headquartered in Southfield, MI.