Sun Communities (NYSE:SUI) Releases Q2 2025 Earnings Guidance

Sun Communities (NYSE:SUI) updated its second quarter 2025 earnings guidance on Monday. The company provided EPS guidance of 1.620-1.700 for the period, compared to the consensus EPS estimate of 1.740. The company issued revenue guidance of -. Sun Communities also updated its FY 2025 guidance to 6.430-6.630 EPS.

Analysts Set New Price Targets

A number of research firms have recently weighed in on SUI. Jefferies Financial Group initiated coverage on Sun Communities in a research report on Tuesday, April 8th. They set a “buy” rating and a $150.00 price objective for the company. Truist Financial reduced their price target on Sun Communities from $142.00 to $135.00 and set a “buy” rating for the company in a research report on Thursday, April 10th. Royal Bank of Canada reissued an “outperform” rating on shares of Sun Communities in a report on Friday, February 28th. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $140.00 price target (down from $150.00) on shares of Sun Communities in a research note on Monday, April 21st. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Sun Communities presently has a consensus rating of “Hold” and a consensus target price of $135.70.

Sun Communities Stock Down 3.6 %

Shares of SUI traded down $4.63 during mid-day trading on Tuesday, reaching $125.77. The company’s stock had a trading volume of 403,927 shares, compared to its average volume of 829,238. The company has a market cap of $16.05 billion, a price-to-earnings ratio of 67.71 and a beta of 0.86. The business has a fifty day moving average of $126.90 and a 200 day moving average of $126.61. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.93. Sun Communities has a 1 year low of $109.22 and a 1 year high of $147.83.

Sun Communities (NYSE:SUI) last announced its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $1.26 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.08. The firm had revenue of $470.20 million during the quarter, compared to analyst estimates of $538.63 million. Sun Communities had a return on equity of 3.21% and a net margin of 7.46%. The business’s quarterly revenue was up .2% compared to the same quarter last year. During the same period last year, the company posted $1.19 EPS. As a group, analysts forecast that Sun Communities will post 6.77 earnings per share for the current fiscal year.

Sun Communities Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.99%. The ex-dividend date was Monday, March 31st. Sun Communities’s dividend payout ratio (DPR) is currently 508.11%.

About Sun Communities

Established in 1975, Sun Communities, Inc became a publicly owned corporation in December 1993. The Company is a fully integrated REIT listed on the New York Stock Exchange under the symbol: SUI. As of December 31, 2023, the Company owned, operated, or had an interest in a portfolio of 667 developed MH, RV and Marina properties comprising 179,310 developed sites and approximately 48,030 wet slips and dry storage spaces in the U.S., the UK and Canada.