Gary Shiffman - Sun Communities Chairman

SUI Stock  USD 120.30  0.26  0.22%   

Chairman

Mr. Gary A. Shiffman is the Chairman of the Board and Chief Executive Officer of Sun Communities Inc. He is our Chairman and Chief Executive Officer and was a director and an executive officer since our inception in 1993. He is a member of our Executive Committee. He was actively involved in the management, acquisition, construction and development of manufactured housing communities and has developed an extensive network of industry relationships over the past thirty years. He has overseen the acquisition, rezoning, development, expansion and marketing of numerous manufactured home communities, as well as recreational vehicle communities. Additionally, Mr. Shiffman, through his familyrelated interests, has had significant direct holdings in various real estate asset classes, which include office, multifamily, industrial, residential and retail since 2014.
Age 70
Tenure 10 years
Address 27777 Franklin Road, Southfield, MI, United States, 48034-8205
Phone248 208 2500
Webhttps://www.suncommunities.com
Shiffman is an executive officer and a director of SHS and all of our other corporate subsidiaries.

Gary Shiffman Latest Insider Activity

Tracking and analyzing the buying and selling activities of Gary Shiffman against Sun Communities stock is an integral part of due diligence when investing in Sun Communities. Gary Shiffman insider activity provides valuable insight into whether Sun Communities is net buyers or sellers over its current business cycle. Note, Sun Communities insiders must abide by specific rules, including filing SEC forms every time they buy or sell Sun Communities'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Sun Communities Management Efficiency

The company has Return on Asset of 0.0229 % which means that on every $100 spent on assets, it made $0.0229 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0278) %, meaning that it generated no profit with money invested by stockholders. Sun Communities' management efficiency ratios could be used to measure how well Sun Communities manages its routine affairs as well as how well it operates its assets and liabilities. The Sun Communities' current Return On Tangible Assets is estimated to increase to -0.01. The current Return On Capital Employed is estimated to decrease to 0.02. As of now, Sun Communities' Intangible Assets are increasing as compared to previous years. The Sun Communities' current Net Tangible Assets is estimated to increase to about 8 B, while Non Currrent Assets Other are projected to decrease to under 269.3 M.
The company has 7.95 B in debt with debt to equity (D/E) ratio of 0.87, which is OK given its current industry classification. Sun Communities has a current ratio of 1.58, which is typical for the industry and considered as normal. Debt can assist Sun Communities until it has trouble settling it off, either with new capital or with free cash flow. So, Sun Communities' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sun Communities sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sun to invest in growth at high rates of return. When we think about Sun Communities' use of debt, we should always consider it together with cash and equity.

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Sun Communities, Inc. is a REIT that, as of March 31, 2022, owned, operated, or had an interest in a portfolio of 603 developed MH, RV and marina properties comprising nearly 159,300 developed sites and over 45,700 wet slips and dry storage spaces in states, Canada, Puerto Rico and the UK. Sun Communities operates under REITResidential classification in the United States and is traded on New York Stock Exchange. It employs 4948 people. Sun Communities (SUI) is traded on New York Stock Exchange in USA. It is located in 27777 Franklin Road, Southfield, MI, United States, 48034-8205 and employs 6,733 people. Sun Communities is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

Sun Communities Leadership Team

Elected by the shareholders, the Sun Communities' board of directors comprises two types of representatives: Sun Communities inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sun. The board's role is to monitor Sun Communities' management team and ensure that shareholders' interests are well served. Sun Communities' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sun Communities' outside directors are responsible for providing unbiased perspectives on the board's policies.
Stephanie Bergeron, Independent Director
Ronald Piasecki, Independent Director
Gary Shiffman, Executive Chairman, CEO, Member of Executive Committee and Director of Sun Home Services Inc
Jonathan Colman, Executive Vice President
Fernando CastroCaratini, CFO, VP
John McLaren, President, Chief Operating Officer
Karen Dearing, Chief Financial Officer, Executive Vice President, Treasurer, Secretary
Clunet Lewis, Lead Independent Director
James Goldman, Director
Randall Rowe, Director
Aaron Weiss, Executive Vice President of Corporate Strategy and Business Development
Tonya Allen, Independent Director
Arthur Weiss, Director
Brian Hermelin, Independent Director
Paul Lapides, Independent Director
Bruce Thelen, Executive Vice President - Operations and Sales
Ronald Klein, Independent Director
Marc Farrugia, Executive Officer
Meghan Baivier, Independent Director
Baxter Underwood, Chief Executive Officer - Safe Harbor

Sun Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Sun Communities a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Sun Communities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sun Communities' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sun Communities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sun Communities Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Communities. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Sun Communities' price analysis, check to measure Sun Communities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sun Communities is operating at the current time. Most of Sun Communities' value examination focuses on studying past and present price action to predict the probability of Sun Communities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Communities' price. Additionally, you may evaluate how the addition of Sun Communities to your portfolios can decrease your overall portfolio volatility.
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Is Sun Communities' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sun Communities. If investors know Sun will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sun Communities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Dividend Share
3.72
Earnings Share
(1.72)
Revenue Per Share
25.77
Quarterly Revenue Growth
0.092
The market value of Sun Communities is measured differently than its book value, which is the value of Sun that is recorded on the company's balance sheet. Investors also form their own opinion of Sun Communities' value that differs from its market value or its book value, called intrinsic value, which is Sun Communities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sun Communities' market value can be influenced by many factors that don't directly affect Sun Communities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sun Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sun Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sun Communities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.