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Should You Buy Sun Communities While It's Below $125?
SUISun Communities(SUI) The Motley Fool·2024-12-23 19:17

The share price of Sun Communities (SUI 3.16%) has fallen 40% from its 2022 highs. The real estate investment trust (REIT) now offers a 3.1% dividend yield, which puts it near the highest levels seen since roughly 2018. Is this a buying opportunity, or is this fast-growing REIT slowing down?Sun Communities is way downSun Communities has slipped below $125 per share, a level at which the dividend yield would sit at a nice round 3%. Given the growth in the business over the past decade or so, investors might ...