Sun Communities (NYSE:SUI) Updates Q1 2026 Earnings Guidance

Sun Communities (NYSE:SUI) issued an update on its first quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.240-1.320 for the period, compared to the consensus earnings per share estimate of 0.760. The company issued revenue guidance of -. Sun Communities also updated its FY 2026 guidance to 6.830-7.030 EPS.

Sun Communities Price Performance

Shares of SUI stock traded up $0.30 during mid-day trading on Tuesday, reaching $131.46. The company’s stock had a trading volume of 915,375 shares, compared to its average volume of 765,091. The company has a debt-to-equity ratio of 0.58, a quick ratio of 6.01 and a current ratio of 6.01. The firm’s 50-day moving average is $126.23 and its two-hundred day moving average is $126.30. Sun Communities has a 1-year low of $109.22 and a 1-year high of $137.77. The company has a market cap of $16.26 billion, a P/E ratio of 16.47, a PEG ratio of 4.31 and a beta of 0.90.

Sun Communities (NYSE:SUI) last posted its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.03. Sun Communities had a net margin of 42.58% and a negative return on equity of 4.53%. The firm had revenue of $515.20 million during the quarter, compared to analyst estimates of $509.40 million. During the same quarter in the prior year, the business posted $1.41 earnings per share. The company’s quarterly revenue was up .1% compared to the same quarter last year. Sun Communities has set its FY 2026 guidance at 6.830-7.030 EPS and its Q1 2026 guidance at 1.240-1.320 EPS. On average, research analysts predict that Sun Communities will post 6.77 earnings per share for the current year.

Sun Communities Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Wednesday, December 31st were paid a $1.04 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $4.16 dividend on an annualized basis and a dividend yield of 3.2%. Sun Communities’s payout ratio is 52.13%.

Wall Street Analyst Weigh In

SUI has been the subject of several research analyst reports. Morgan Stanley cut their price objective on Sun Communities from $139.00 to $135.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 25th. Jefferies Financial Group set a $142.00 target price on Sun Communities and gave the company a “buy” rating in a research note on Monday, November 3rd. Robert W. Baird boosted their price target on shares of Sun Communities from $134.00 to $136.00 and gave the company a “neutral” rating in a report on Wednesday, November 19th. Weiss Ratings reissued a “hold (c)” rating on shares of Sun Communities in a research note on Wednesday, January 21st. Finally, Truist Financial increased their target price on Sun Communities from $141.00 to $142.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. Six investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $137.46.

Insider Transactions at Sun Communities

In related news, Director Gary A. Shiffman sold 156,875 shares of Sun Communities stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $123.53, for a total transaction of $19,378,768.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.89% of the company’s stock.

Hedge Funds Weigh In On Sun Communities

A number of large investors have recently made changes to their positions in SUI. Wellington Management Group LLP lifted its position 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 worth $578,668,000 after purchasing an additional 4,147,015 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Sun Communities by 37,933.1% during the 4th 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 acquiring an additional 1,470,286 shares during the period. Balyasny Asset Management L.P. boosted its position in shares of Sun Communities by 152.5% during the 4th quarter. Balyasny Asset Management L.P. now owns 767,190 shares of the real estate investment trust’s stock worth $95,063,000 after acquiring an additional 463,312 shares in the last quarter. Millennium Management LLC increased its stake in Sun Communities by 124.4% in the third quarter. Millennium Management LLC now owns 685,324 shares of the real estate investment trust’s stock valued at $88,407,000 after acquiring an additional 379,877 shares during the last quarter. Finally, Alyeska Investment Group L.P. acquired a new position in Sun Communities during the third quarter valued at approximately $42,260,000. Institutional investors own 99.59% of the company’s stock.

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.