Solar Communities (NYSE:SUI – Get Free Report) was downgraded by inventory analysts at StockNews.com from a “maintain” ranking to a “promote” ranking in a report issued on Friday.
SUI has been the topic of a number of different analysis stories. Truist Monetary upped their value goal on Solar Communities from $127.00 to $138.00 and gave the inventory a “maintain” ranking in a analysis notice on Tuesday, August thirteenth. Jefferies Monetary Group initiated protection on shares of Solar Communities in a analysis notice on Thursday. They issued a “purchase” ranking and a $160.00 goal value for the corporate. Evercore ISI lowered shares of Solar Communities from an “outperform” ranking to an “inline” ranking and boosted their value goal for the inventory from $144.00 to $149.00 in a analysis notice on Monday, September sixteenth. Wells Fargo & Firm raised their value goal on shares of Solar Communities from $123.00 to $154.00 and gave the corporate an “equal weight” ranking in a analysis report on Thursday, September nineteenth. Lastly, Royal Financial institution of Canada lifted their value goal on Solar Communities from $131.00 to $137.00 and gave the corporate an “outperform” ranking in a report on Friday, August 2nd. One analyst has rated the inventory with a promote ranking, 4 have given a maintain ranking, six have given a purchase ranking and one has issued a powerful purchase ranking to the inventory. Based on MarketBeat, the inventory at present has a consensus ranking of “Average Purchase” and a consensus value goal of $143.82.
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Solar Communities Value Efficiency
Shares of SUI opened at $136.19 on Friday. The corporate has a debt-to-equity ratio of 1.09, a fast ratio of 1.42 and a present ratio of 1.42. Solar Communities has a fifty-two week low of $102.74 and a fifty-two week excessive of $147.83. The agency has a 50-day easy shifting common of $135.31 and a 200-day easy shifting common of $125.72. The corporate has a market capitalization of $16.97 billion, a price-to-earnings ratio of 117.41, a price-to-earnings-growth ratio of 0.95 and a beta of 0.91.
Insider Shopping for and Promoting at Solar Communities
In different Solar Communities information, CEO Baxter Underwood bought 3,000 shares of the agency’s inventory in a transaction dated Monday, August fifth. The shares had been bought at a mean value of $131.43, for a complete transaction of $394,290.00. Following the completion of the transaction, the chief government officer now straight owns 63,462 shares within the firm, valued at roughly $8,340,810.66. This commerce represents a 0.00 % lower of their place. The transaction was disclosed in a authorized submitting with the SEC, which might be accessed by this hyperlink. 1.89% of the inventory is owned by company insiders.
Hedge Funds Weigh In On Solar Communities
Hedge funds have lately purchased and bought shares of the inventory. Farmers & Retailers Investments Inc. bought a brand new stake in Solar Communities throughout the 1st quarter price about $26,000. Quest Companions LLC boosted its stake in shares of Solar Communities by 12,700.0% throughout the 2nd quarter. Quest Companions LLC now owns 384 shares of the true property funding belief’s inventory price $46,000 after buying a further 381 shares over the last quarter. 1620 Funding Advisors Inc. bought a brand new stake in shares of Solar Communities throughout the second quarter price about $62,000. Fidelis Capital Companions LLC acquired a brand new place in shares of Solar Communities within the first quarter valued at roughly $83,000. Lastly, Blue Belief Inc. lifted its stake in shares of Solar Communities by 230.7% throughout the third quarter. Blue Belief Inc. now owns 625 shares of the true property funding belief’s inventory valued at $84,000 after shopping for a further 436 shares throughout the interval. Hedge funds and different institutional buyers personal 99.59% of the corporate’s inventory.
Solar Communities Firm Profile
Established in 1975, Solar Communities, Inc grew to become a publicly owned company in December 1993. The Firm is a totally built-in REIT listed on the New York Inventory Trade beneath the image: SUI. As of December 31, 2023, the Firm owned, operated, or had an curiosity in a portfolio of 667 developed MH, RV and Marina properties comprising 179,310 developed websites and roughly 48,030 moist slips and dry storage areas within the U.S., the UK and Canada.
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