Sun Communities (NYSE:SUI – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 6.830-7.030 for the period, compared to the consensus earnings per share estimate of 4.410. The company issued revenue guidance of -. Sun Communities also updated its Q1 2026 guidance to 1.240-1.320 EPS.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the stock. Barclays reiterated an “overweight” rating and issued a $144.00 price objective on shares of Sun Communities in a research note on Tuesday, January 13th. Robert W. Baird increased their price target on Sun Communities from $134.00 to $136.00 and gave the company a “neutral” rating in a research report on Wednesday, November 19th. Deutsche Bank Aktiengesellschaft upgraded Sun Communities from a “hold” rating to a “buy” rating and set a $145.00 price target on the stock in a report on Tuesday, January 20th. UBS Group upped their price objective on Sun Communities from $126.00 to $127.00 and gave the company a “neutral” rating in a research note on Thursday, January 8th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Sun Communities in a research report on Wednesday, January 21st. Six equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $137.46.
Get Our Latest Analysis on Sun Communities
Sun Communities Price Performance
Sun Communities Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Wednesday, December 31st were paid a $1.04 dividend. This represents a $4.16 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Wednesday, December 31st. Sun Communities’s dividend payout ratio is currently 52.13%.
Insider Activity
In related news, Director Gary A. Shiffman sold 156,875 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $123.53, for a total value of $19,378,768.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.77% of the company’s stock.
Institutional Investors Weigh In On Sun Communities
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Fulcrum Asset Management LLP bought a new position in shares of Sun Communities during the third quarter valued at approximately $27,000. Wiser Advisor Group LLC bought a new position in Sun Communities in the 3rd quarter worth $46,000. Prosperity Bancshares Inc bought a new position in Sun Communities in the 4th quarter worth $48,000. Kestra Advisory Services LLC purchased a new stake in shares of Sun Communities in the 4th quarter worth about $68,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Sun Communities by 37.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 556 shares of the real estate investment trust’s stock valued at $70,000 after purchasing an additional 151 shares in the last quarter. Institutional investors own 99.59% of the company’s stock.
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.
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