Sun Communities, Inc. (NYSE:SUI) Receives $140.61 Consensus Target Price from Brokerages

Shares of Sun Communities, Inc. (NYSE:SUI) have earned an average recommendation of “Moderate Buy” from the seventeen analysts that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $140.2344.

A number of equities analysts have issued reports on SUI shares. Truist Financial reduced their price target on shares of Sun Communities from $147.00 to $141.00 and set a “buy” rating for the company in a research report on Tuesday. Wells Fargo & Company raised shares of Sun Communities from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $133.00 to $150.00 in a report on Friday, February 27th. Barclays increased their price objective on shares of Sun Communities from $144.00 to $148.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Royal Bank Of Canada raised their target price on shares of Sun Communities from $148.00 to $151.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Finally, Mizuho started coverage on shares of Sun Communities in a research report on Tuesday, March 31st. They set an “outperform” rating and a $143.00 target price for the company.

Insider Activity

In other news, Director Clunet R. Lewis sold 3,800 shares of the company’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $136.01, for a total value of $516,838.00. Following the sale, the director owned 16,817 shares in the company, valued at $2,287,280.17. This represents a 18.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.58% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Sun Communities by 1,226.7% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 199 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 184 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in shares of Sun Communities in the 3rd quarter valued at $27,000. Fulcrum Asset Management LLP acquired a new position in shares of Sun Communities in the 3rd quarter valued at $27,000. Global X Japan Co. Ltd. purchased a new stake in Sun Communities during the fourth quarter worth $33,000. Finally, Assetmark Inc. boosted its holdings in Sun Communities by 55.7% during the third quarter. Assetmark Inc. now owns 271 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 97 shares in the last quarter. 99.59% of the stock is owned by institutional investors and hedge funds.

Sun Communities Stock Up 0.2%

Sun Communities stock opened at $126.21 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.39 and a current ratio of 3.39. The business’s 50-day simple moving average is $130.60 and its two-hundred day simple moving average is $127.55. The company has a market cap of $15.55 billion, a PE ratio of 11.46, a PEG ratio of 3.33 and a beta of 0.82. Sun Communities has a fifty-two week low of $115.53 and a fifty-two week high of $137.85.

Sun Communities (NYSE:SUI) last announced its quarterly earnings data on Monday, April 27th. The real estate investment trust reported ($0.07) earnings per share (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 analysts’ expectations of $472.40 million. During the same quarter in the previous year, the business earned $1.26 earnings per share. The company’s revenue for the quarter was up 8.0% compared to the same quarter last year. 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. Equities analysts anticipate that Sun Communities will post 6.94 EPS for the current year.

Sun Communities Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a dividend of $1.12 per share. This represents a $4.48 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Tuesday, March 31st. This is an increase from Sun Communities’s previous quarterly dividend of $1.04. Sun Communities’s dividend payout ratio (DPR) is 40.69%.

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.