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Faruqi & Faruqi Reminds Sun Communities Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 10, 2025 - SUI
Prnewswire· 2025-01-08 15:44
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Sun Communities To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $50,000 in Sun Communities between February 28, 2019 and September 24, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, Jan. ...
Contact Levi & Korsinsky by February 10, 2025 Deadline to Join Class Action Against Sun Communities, Inc.(SUI)
Prnewswire· 2025-01-07 10:45
NEW YORK, Jan. 7, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Sun Communities, Inc. ("Sun Communities, Inc." or the "Company") (NYSE: SUI) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Sun Communities, Inc. investors who were adversely affected by alleged securities fraud between February 28, 2019 and September 24, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1 ...
Sun Communities, Inc. (SUI) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-01-06 17:00
LOS ANGELES, Jan. 6, 2025 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Sun Communities, Inc. ("Sun Communities" or the "Company") (NYSE: SUI) have opportunity to lead the securities fraud class action lawsuit.IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SUN COMMUNITIES, INC. (SUI), CLICK HERE BEFORE FEBRUARY 10, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.What Is The Lawsuit About? The complaint filed alleges ...
Sun Communities, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before February 10, 2025 to Discuss Your Rights - SUI
Prnewswire· 2025-01-06 10:45
NEW YORK, Jan. 6, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Sun Communities, Inc. (NYSE: SUI).Shareholders who purchased shares of SUI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/sun-communities-inc-loss-submission-form/?id=120457&from=4 CLASS PERIOD: February 28, 20 ...
Got $500? This Top-Performing Investment Could Continue to Deliver Resilient Returns.
The Motley Fool· 2025-01-05 11:07
Industry Overview - Manufactured home communities have been some of the best-performing real estate investments over the past couple of decades due to durable demand for space [1] - Demand for manufactured home communities, RV parks, and marinas is strong and resilient, with limited new supply coming to the market each year [4] - Relocating a manufactured home to another community can cost thousands of dollars, making most owners stay in their homes or sell to new owners, contributing to the resiliency of the sector [6] Company Overview - Sun Communities is the leading owner of manufactured home communities, with 288 communities and about 97,000 sites in North America [3] - The company also owns 179 RV communities, 138 marinas, and 54 U.K. holiday parks, making it the largest publicly traded owner and operator in these niche markets [3] - Manufactured housing supplies about 45% of its rental revenue, followed by RVs (26%), marinas (21%), and U.K. holiday parks (8%) [3] Financial Performance - Sun Communities has increased rents at its manufactured home communities by at least 3.4% annually over the past decade, while RV rental rates have grown by a minimum of 2% annually [4] - The company has delivered positive same-property net operating income (NOI) growth every year for over two decades, with a compound annual growth rate of 5.2% since 2000, outperforming the REIT sector average of 3.2% [5] - Since its IPO in 1993, the company has increased its dividend by 111%, with an average annual total return of 12.6%, outperforming the S&P 500's 10.6% return [10] Growth Drivers - Sun Communities plans to boost rents at its manufactured home and RV communities by more than 5% in 2025, while increasing rents at marinas and U.K. holiday parks by 3.7% [7] - The company has 900 expansion and development sites delivered over the past couple of years, with potential for more occupancy gains [8] - Sun Communities has been converting transient RV sites to annual leases, which generate more income by reducing vacancies [8] - The company has a strong investment-grade balance sheet, enabling it to make acquisitions, such as Safe Harbor Marinas for $2 billion in 2020 and Park Holidays UK for $1.3 billion in 2022 [9] Investment Potential - Sun Communities currently offers a 3% dividend yield, more than double the S&P 500's yield, providing a solid base return for investors [11] - The company's steady income growth and above-average total returns make it a potentially enriching long-term investment [12]
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Sun Communities, Inc.(SUI) Shareholders
Prnewswire· 2025-01-03 10:30
NEW YORK, Jan. 3, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Sun Communities, Inc. ("Sun Communities, Inc." or the "Company") (NYSE: SUI) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Sun Communities, Inc. investors who were adversely affected by alleged securities fraud between February 28, 2019 and September 24, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1 ...
Sun Communities, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - SUI
Prnewswire· 2024-12-30 10:45
NEW YORK, Dec. 30, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Sun Communities, Inc. (NYSE: SUI).Shareholders who purchased shares of SUI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/sun-communities-inc-loss-submission-form/?id=118936&from=4CLASS PERIOD: February 28, 20 ...
Sun Communities Stock: Buy, Sell, or Hold?
The Motley Fool· 2024-12-28 16:44
Gradually declining benchmark interest rates have lured some investors back toward real estate investment trusts (REITs) over the past year. Those lower rates make it easier for REITs to purchase more properties, while shrinking yields for CDs, bonds, and Treasuries drove many income-focused investors back toward higher-yielding dividend stocks again.But amid a good year for REITs, one that was left out in the cold was Sun Communities (SUI -0.88%), which mainly invests in manufactured home communities, RV c ...
Sun Communities, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before February 10, 2025 to Discuss Your Rights - SUI
Prnewswire· 2024-12-27 10:45
NEW YORK, Dec. 27, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Sun Communities, Inc. ("Sun Communities, Inc." or the "Company") (NYSE: SUI) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Sun Communities, Inc. investors who were adversely affected by alleged securities fraud between February 28, 2019 and September 24, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra- ...
Faruqi & Faruqi Reminds Sun Communities Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 10, 2025 – SUI
GlobeNewswire News Room· 2024-12-27 02:01
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Sun Communities To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 in Sun Communities between February 28, 2019 and September 24, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, D ...