Sun Communities (NYSE:SUI) Issues FY 2026 Earnings Guidance

Sun Communities (NYSE:SUI) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided EPS guidance of 6.940-7.100 for the period, compared to the consensus EPS estimate of 6.930. The company issued revenue guidance of -. Sun Communities also updated its Q3 2026 guidance to 2.230-2.330 EPS.

Analyst Ratings Changes

A number of research firms have recently weighed in on SUI. Odeon Capital Group set a $135.00 target price on Sun Communities in a research report on Thursday, July 9th. Colliers Securities upgraded shares of Sun Communities from a “neutral” rating to a “buy” rating and set a $150.00 target price for the company in a research report on Friday, May 22nd. Evercore reaffirmed an “outperform” rating and set a $144.00 price target on shares of Sun Communities in a report on Wednesday, April 29th. Jefferies Financial Group upgraded shares of Sun Communities to a “strong-buy” rating in a research report on Wednesday, July 22nd. Finally, Royal Bank Of Canada decreased their price objective on shares of Sun Communities from $151.00 to $149.00 and set an “outperform” rating on the stock in a research note on Friday, June 5th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $140.05.

Sun Communities Trading Up 1.0%

SUI opened at $125.28 on Wednesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.39 and a quick ratio of 3.39. Sun Communities has a fifty-two week low of $115.53 and a fifty-two week high of $137.85. The company’s 50 day moving average price is $122.06 and its two-hundred day moving average price is $126.44. The firm has a market capitalization of $15.44 billion, a price-to-earnings ratio of -17.44, a PEG ratio of 4.01 and a beta of 0.79.

Sun Communities (NYSE:SUI) last issued its quarterly earnings results on Monday, April 27th. The real estate investment trust reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $1.31 by ($1.38). The business had revenue of $500.50 million for the quarter, compared to analyst estimates of $472.40 million. Sun Communities had a positive return on equity of 2.50% and a negative net margin of 39.03%.Sun Communities’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.26 EPS. As a group, research analysts predict that Sun Communities will post 6.9 earnings per share for the current year.

Sun Communities Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $1.12 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $4.48 annualized dividend and a yield of 3.6%. Sun Communities’s payout ratio is presently 40.69%.

Insider Transactions at Sun Communities

In other news, EVP Fernando Castro-Caratini sold 23,750 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $124.43, for a total transaction of $2,955,212.50. Following the completion of the transaction, the executive vice president directly owned 9,998 shares in the company, valued at $1,244,051.14. This trade represents a 70.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gary A. Shiffman sold 25,031 shares of Sun Communities stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $119.96, for a total value of $3,002,718.76. Following the completion of the transaction, the director directly owned 857,761 shares in the company, valued at approximately $102,897,009.56. This represents a 2.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.58% of the company’s stock.

Hedge Funds Weigh In On Sun Communities

Several institutional investors have recently made changes to their positions in the stock. Fulcrum Asset Management LLP bought a new position in shares of Sun Communities in the third quarter valued at approximately $27,000. Wiser Advisor Group LLC bought a new stake in Sun Communities in the 3rd quarter worth about $46,000. Prosperity Bancshares Inc purchased a new stake in shares of Sun Communities during the 4th quarter valued at $48,000. Kestra Advisory Services LLC bought a new stake in shares of Sun Communities during the 4th quarter worth $68,000. Finally, Smartleaf Asset Management LLC raised its stake in shares of Sun Communities by 37.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 556 shares of the real estate investment trust’s stock worth $70,000 after purchasing an additional 151 shares during the period. Institutional investors and hedge funds own 99.59% of the company’s stock.

Sun Communities Company Profile

Sun Communities, Inc is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of manufactured housing communities, recreational vehicle (RV) resorts and marinas. The company’s portfolio spans more than 500 manufactured housing communities and over 160 RV resorts, offering affordable, long-term housing as well as short-stay recreational lodging. Through professional on-site management and amenity-rich community designs, Sun Communities serves a diverse customer base that includes retirees, workforce families and vacationers.

Founded in 1975 and headquartered in Southfield, Michigan, Sun Communities has grown organically and through strategic acquisitions to become one of the largest operators in its sector.