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

Sun Communities (NYSE:SUI) issued an update on 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.

Wall Street Analysts Forecast Growth

SUI has been the topic of several research reports. Jefferies Financial Group upgraded shares of Sun Communities to a “strong-buy” rating in a report on Wednesday, July 22nd. Weiss Ratings downgraded Sun Communities from a “buy (b-)” rating to a “hold (c)” rating in a research report on Friday, May 1st. Colliers Securities upgraded Sun Communities from a “neutral” rating to a “buy” rating and set a $150.00 price target on the stock in a research note on Friday, May 22nd. Royal Bank Of Canada cut their price target on Sun Communities from $151.00 to $149.00 and set an “outperform” rating for the company in a report on Friday, June 5th. Finally, Barclays reduced their price objective on Sun Communities from $147.00 to $146.00 and set an “overweight” rating for the company in a research report on Tuesday, July 14th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $140.05.

Sun Communities Stock Performance

NYSE:SUI opened at $121.30 on Tuesday. The firm has a market capitalization of $14.95 billion, a PE ratio of 11.02, a price-to-earnings-growth ratio of 4.03 and a beta of 0.79. 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 has a 12-month low of $115.53 and a 12-month high of $137.85. The firm has a 50-day moving average price of $122.03 and a 200 day moving average price of $126.44.

Sun Communities (NYSE:SUI) last released its quarterly earnings data on Monday, April 27th. The real estate investment trust reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $1.31 by ($1.38). Sun Communities had a net margin of 62.29% and a return on equity of 0.16%. The company had revenue of $500.50 million during the quarter, compared to the consensus estimate of $472.40 million. During the same quarter in the prior year, the company posted $1.26 earnings per share. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. Research analysts anticipate that Sun Communities will post 6.9 earnings per share for the current fiscal year.

Sun Communities Dividend Announcement

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

Insiders Place Their Bets

In other Sun Communities 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 value of $3,002,718.76. Following the sale, the director directly owned 857,761 shares in the company, valued at $102,897,009.56. This represents a 2.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Fernando Castro-Caratini sold 23,750 shares of the stock in a transaction on Tuesday, May 26th. The stock was 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 of the company’s stock, valued at $1,244,051.14. This represents a 70.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.58% of the company’s stock.

Key Headlines Impacting Sun Communities

Here are the key news stories impacting Sun Communities this week:

• Positive Sentiment: Sun Communities reported second-quarter CFFO of $1.84 per share, above the FactSet estimate of $1.76 and ahead of the $1.76 recorded in the year-earlier period. The result indicates resilient underlying performance from the manufactured-housing, RV and marina-focused REIT. Sun Communities second-quarter CFFO report
• Positive Sentiment: Management raised full-year 2026 EPS guidance to $6.94–$7.10 from a prior outlook implied by the $6.93 consensus, modestly above analyst expectations. Third-quarter guidance of $2.23–$2.33 is broadly in line with the $2.24 consensus. Sun Communities guidance update
• Neutral Sentiment: Morgan Stanley analyst Adam Kramer maintained a Hold rating and a $135 price target. The stance suggests a balanced risk-reward profile: operational results are healthy, but the modest guidance increase does not provide a strong enough catalyst for a more bullish view. Morgan Stanley maintains Hold rating on Sun Communities
• Negative Sentiment: The REIT reported a GAAP net loss of $8.08 per diluted share for the quarter, including a loss from discontinued operations. Although this measure differs from the stronger CFFO result, the headline loss can weigh on sentiment and obscure the underlying operating beat. Sun Communities second-quarter results release

Hedge Funds Weigh In On Sun Communities

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wellington Management Group LLP boosted its holdings in shares of Sun Communities by 1,224.1% in the 3rd quarter. Wellington Management Group LLP now owns 4,485,795 shares of the real estate investment trust’s stock worth $578,668,000 after acquiring an additional 4,147,015 shares in the last quarter. Alyeska Investment Group L.P. acquired a new stake in Sun Communities during the 3rd quarter valued at $42,260,000. Amundi increased its holdings in Sun Communities by 9.3% during the 4th quarter. Amundi now owns 260,834 shares of the real estate investment trust’s stock valued at $32,320,000 after purchasing an additional 22,298 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its position in Sun Communities by 24.8% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 246,627 shares of the real estate investment trust’s stock valued at $31,215,000 after purchasing an additional 49,057 shares during the last quarter. Finally, Tidal Investments LLC raised its position in Sun Communities by 883.2% in the 3rd quarter. Tidal Investments LLC now owns 69,735 shares of the real estate investment trust’s stock valued at $8,996,000 after purchasing an additional 62,642 shares during the last quarter. 99.59% of the stock is currently 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.