Sun Communities, Inc. (NYSE:SUI) Receives $140.05 Consensus Price Target from Analysts

Sun Communities, Inc. (NYSE:SUI) has received an average rating of “Moderate Buy” from the sixteen brokerages that are covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $140.05.

Several analysts recently commented on SUI shares. Deutsche Bank Aktiengesellschaft set a $133.00 target price on Sun Communities in a research report on Thursday, May 14th. Odean Cap Resea upgraded Sun Communities to a “strong-buy” rating in a research report on Thursday, July 9th. Jefferies Financial Group raised Sun Communities to a “strong-buy” rating in a research note on Friday, June 26th. Wells Fargo & Company lowered their price target on Sun Communities from $150.00 to $142.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Finally, Royal Bank Of Canada cut 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.

Sun Communities Stock Up 0.1%

SUI stock opened at $121.52 on Friday. The stock has a market cap of $14.98 billion, a PE ratio of 11.04, a price-to-earnings-growth ratio of 4.01 and a beta of 0.79. The firm’s 50-day simple moving average is $122.35 and its 200 day simple moving average is $126.55. Sun Communities has a fifty-two week low of $115.53 and a fifty-two week high of $137.85. The company has a quick ratio of 3.39, a current ratio of 3.39 and a debt-to-equity ratio of 0.60.

Sun Communities (NYSE:SUI) last posted its earnings results on Monday, April 27th. The real estate investment trust reported ($0.07) EPS for the quarter, missing the consensus estimate of $1.31 by ($1.38). Sun Communities had a return on equity of 0.16% and a net margin of 62.29%.The firm had revenue of $500.50 million during the quarter, compared to the consensus estimate of $472.40 million. During the same quarter last year, the company posted $1.26 EPS. Sun Communities’s revenue for the quarter was up 8.0% on a year-over-year basis. Sun Communities has set its Q2 2026 guidance at 1.710-1.790 EPS and its FY 2026 guidance at 6.870-7.070 EPS. As a group, sell-side analysts predict that Sun Communities will post 6.9 EPS for the current year.

Sun Communities Announces Dividend

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

Insider Activity at Sun Communities

In other Sun Communities news, Director Gary A. Shiffman sold 25,031 shares of the 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 completion of the transaction, the director directly owned 857,761 shares of the company’s stock, valued at approximately $102,897,009.56. This trade represents a 2.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Fernando Castro-Caratini sold 23,750 shares of Sun Communities stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $124.43, for a total value of $2,955,212.50. Following the transaction, the executive vice president 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. Additional details regarding this sale are available in the official SEC disclosure. 1.58% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. grew its position in Sun Communities by 1,226.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 199 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 184 shares during the last quarter. Fulcrum Asset Management LLP acquired a new stake in shares of Sun Communities during the 3rd quarter valued at $27,000. Global X Japan Co. Ltd. acquired a new stake in shares of Sun Communities during the 4th quarter valued at $33,000. Wiser Advisor Group LLC bought a new stake in shares of Sun Communities during the 3rd quarter worth $46,000. Finally, Prosperity Bancshares Inc bought a new stake in shares of Sun Communities during the 4th quarter worth $48,000. 99.59% of the stock is owned by institutional investors and hedge funds.

About Sun Communities

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.