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

Sun Communities (NYSE:SUI) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 6.940-7.100 for the period, compared to the consensus 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 Upgrades and Downgrades

A number of research analysts recently weighed in on SUI shares. Truist Financial dropped their price target on shares of Sun Communities from $141.00 to $138.00 and set a “buy” rating on the stock in a research report on Friday, June 26th. Royal Bank Of Canada reduced their price objective on shares of Sun Communities from $151.00 to $149.00 and set an “outperform” rating for the company in a research report on Friday, June 5th. Evercore reiterated an “outperform” rating and issued a $144.00 price objective on shares of Sun Communities in a research note on Wednesday, April 29th. Mizuho dropped their target price on shares of Sun Communities from $143.00 to $137.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 30th. Finally, Odeon Capital Group set a $135.00 target price on Sun Communities in a research note on Thursday, July 9th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Sun Communities presently has a consensus rating of “Moderate Buy” and an average target price of $140.05.

Sun Communities Stock Performance

Shares of NYSE SUI traded down $0.53 during mid-day trading on Monday, reaching $121.30. 3,186,625 shares of the company’s stock were exchanged, compared to its average volume of 995,604. The firm has a 50-day moving average price of $122.04 and a two-hundred day moving average price of $126.45. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.39 and a quick ratio of 3.39. The firm has a market capitalization of $14.95 billion, a price-to-earnings ratio of 11.02, a price-to-earnings-growth ratio of 4.03 and a beta of 0.79. Sun Communities has a 52 week low of $115.53 and a 52 week high of $137.85.

Sun Communities (NYSE:SUI) last posted its quarterly earnings results on Monday, July 27th. The real estate investment trust reported ($8.08) earnings per share for the quarter, missing the consensus estimate of $0.66 by ($8.74). Sun Communities had a net margin of 62.29% and a return on equity of 0.16%. The company had revenue of $478.40 million for the quarter, compared to the consensus estimate of $623.40 million. Sun Communities has set its FY 2026 guidance at 6.940-7.100 EPS and its Q3 2026 guidance at 2.230-2.330 EPS. Analysts predict that Sun Communities will post 6.9 EPS for the current year.

Sun Communities Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a $1.12 dividend. This represents a $4.48 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Tuesday, June 30th. Sun Communities’s payout ratio is presently 40.69%.

Insider Activity at Sun Communities

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

Institutional Investors Weigh In On Sun Communities

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Wellington Management Group LLP lifted its holdings in Sun Communities by 1,224.1% during the third quarter. Wellington Management Group LLP now owns 4,485,795 shares of the real estate investment trust’s stock valued at $578,668,000 after purchasing an additional 4,147,015 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Sun Communities by 37,933.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,474,162 shares of the real estate investment trust’s stock worth $182,663,000 after purchasing an additional 1,470,286 shares in the last quarter. Balyasny Asset Management L.P. grew its position in shares of Sun Communities by 152.5% during the fourth quarter. Balyasny Asset Management L.P. now owns 767,190 shares of the real estate investment trust’s stock worth $95,063,000 after purchasing an additional 463,312 shares in the last quarter. Millennium Management LLC raised its stake in Sun Communities by 124.4% during the 3rd quarter. Millennium Management LLC now owns 685,324 shares of the real estate investment trust’s stock valued at $88,407,000 after purchasing an additional 379,877 shares during the period. Finally, Alyeska Investment Group L.P. purchased a new position in Sun Communities in the 3rd quarter worth approximately $42,260,000. 99.59% of the stock is currently owned by institutional investors.

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.