Sun Communities, Inc. (NYSE:SUI) Receives $141.84 Average Target Price from Analysts

Sun Communities, Inc. (NYSE:SUI) has been given a consensus recommendation of “Moderate Buy” by the fifteen analysts that are presently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $141.2679.

A number of brokerages recently weighed in on SUI. Mizuho began coverage on Sun Communities in a research note on Tuesday, March 31st. They issued an “outperform” rating and a $143.00 price target on the stock. Weiss Ratings cut Sun Communities from a “buy (b-)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft set a $133.00 price target on Sun Communities in a research note on Thursday, May 14th. Barclays dropped their price target on Sun Communities from $148.00 to $147.00 and set an “overweight” rating on the stock in a research note on Friday, May 22nd. Finally, Colliers Securities raised 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.

Sun Communities Price Performance

Shares of Sun Communities stock opened at $123.47 on Thursday. The company has a current ratio of 3.39, a quick ratio of 3.39 and a debt-to-equity ratio of 0.60. The company’s 50-day moving average price is $127.02 and its two-hundred day moving average price is $127.55. Sun Communities has a 52 week low of $115.53 and a 52 week high of $137.85. The stock has a market cap of $15.22 billion, a PE ratio of 11.21, a price-to-earnings-growth ratio of 4.07 and a beta of 0.82.

Sun Communities (NYSE:SUI) last issued its quarterly 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 business 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 firm posted $1.26 earnings per share. Sun Communities’s revenue 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. As a group, sell-side analysts anticipate that Sun Communities will post 6.92 EPS for the current fiscal year.

Sun Communities Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a $1.12 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $4.48 dividend on an annualized basis and a yield of 3.6%. This is an increase from Sun Communities’s previous quarterly dividend of $1.04. Sun Communities’s dividend payout ratio (DPR) is 40.69%.

Insider Activity

In other Sun Communities news, EVP Fernando Castro-Caratini sold 23,750 shares of Sun Communities stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $124.43, for a total transaction 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. The trade was a 70.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Clunet R. Lewis sold 3,800 shares of Sun Communities stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $136.01, for a total value of $516,838.00. Following the transaction, the director directly owned 16,817 shares in the company, valued at approximately $2,287,280.17. This trade represents a 18.43% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 30,750 shares of company stock worth $3,907,731. Company insiders own 1.58% of the company’s stock.

Hedge Funds Weigh In On Sun Communities

Institutional investors and hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC grew its stake in shares of Sun Communities by 17.8% in the 1st quarter. AQR Capital Management LLC now owns 12,076 shares of the real estate investment trust’s stock valued at $1,554,000 after buying an additional 1,827 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Sun Communities by 21.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 195,339 shares of the real estate investment trust’s stock valued at $25,128,000 after buying an additional 33,981 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Sun Communities by 32.5% in the 1st quarter. Empowered Funds LLC now owns 3,376 shares of the real estate investment trust’s stock valued at $434,000 after buying an additional 829 shares in the last quarter. Acadian Asset Management LLC bought a new stake in shares of Sun Communities in the 1st quarter valued at approximately $362,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Sun Communities by 26.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 673 shares of the real estate investment trust’s stock valued at $85,000 after buying an additional 141 shares in the last quarter. Hedge funds and other 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.