Sun Communities (Sun Communities) Buyback Yield % : 0.09 (As of Apr. 28, 2024)

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What is Sun Communities Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Sun Communities's current buyback yield was 0.09%.

Sun Communities Buyback Yield % Historical Data

The historical data trend for Sun Communities's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sun Communities Buyback Yield % Chart

Sun Communities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buyback Yield %

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-3.15

-11.32

-4.34

-6.71

0.08

Sun Communities Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Buyback Yield %	Get a 7-Day Free Trial															0.02	0.25	0.03	0.01	0.02

Competitive Comparison of Sun Communities's Buyback Yield %

For the REIT - Residential subindustry, Sun Communities's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sun Communities's Buyback Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sun Communities's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Sun Communities's Buyback Yield % falls into.

Sun Communities Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Sun Communities's Buyback Yield for the fiscal year that ended in Dec. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (-13.4	+	0)	/	16630.8714
	=	0.08%

Sun Communities's annualized Buyback Yield for the quarter that ended in Dec. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (-0.9	+	0)	*	4	/	16630.8714
	=	0.02%

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Dec. 2023) data.

Sun Communities Buyback Yield % Related Terms

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Sun Communities (Sun Communities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sun Communities Inc (NYSE:SUI) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

SCZ:Germany S2UI34:Brazil

Address

27777 Franklin Road, Suite 200, Southfield, MI, USA, 48034

Website

https://www.suncommunities.com

Sun Communities is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently owns a portfolio of 670 properties, which includes 353 manufactured housing communities, 182 residential vehicle communities, and 135 marina properties. Sun targets owning properties that are desirable as second homes or vacation properties with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.

Executives

Baxter Underwood	officer: CEO - Safe Harbor Marinas, LLC	14785 PRESTON RD, 9TH FLOOR, DALLAS TX 75254
Marc Farrugia	officer: EVP & Chief Admin. Officer	27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034
Jeff Blau	director
Bruce Thelen	officer: EVP	27777 FRANKLIN RD., STE. 200, SOUTHFIEL MI 48034
Clunet R Lewis	director	27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Fernando Castro-caratini	officer: EVP, CFO, Sec. & Treas.	27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034
John Bandini Mclaren	officer: EVP & CFO	27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Stephanie W Bergeron	director	27777 FRANKLIN ROAD, STE 200, SUN COMMUNITIES, INC, SOUTHFIELD MI 48034
Aaron Weiss	officer: EVP, Corp. Strat. & Bus. Dev.	27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034
Gary A Shiffman	director, officer: Chrmn and CEO	27777 FRANKLIN ROAD, STE 200, SOUTHFIELD MI 48034
Karen Dearing	officer: EVP, CFO, Sec. & Treasurer	27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Tonya Allen	director	2777 FRANKLIN RD., STE. 200, SOUTHFIELD MI 48034
Ronald A Klein	director	235 EAST MAIN STREET, MIDLAND MI 48640
Jonathan Colman	officer: EVP	27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Brian M Hermelin	director	2064 D STREET, BELLEVILLE MI 48111