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

Sun Communities (NYSE:SUI) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 6.940-7.100 for the period, compared to the consensus earnings per share 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 Analyst Weigh In

Several research analysts have recently issued reports on SUI shares. Royal Bank Of Canada decreased their price target on Sun Communities from $151.00 to $149.00 and set an “outperform” rating for the company in a research note on Friday, June 5th. Odeon Capital Group set a $135.00 price objective on shares of Sun Communities in a research note on Thursday, July 9th. Jefferies Financial Group upgraded shares of Sun Communities to a “strong-buy” rating in a research report on Wednesday, July 22nd. Mizuho lowered their target price on shares of Sun Communities from $143.00 to $137.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 30th. Finally, Truist Financial lowered their target price on shares of Sun Communities from $141.00 to $138.00 and set a “buy” rating on the stock in a research note on Friday, June 26th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $140.05.

Sun Communities Price Performance

Shares of SUI stock traded down $0.53 during mid-day trading on Monday, hitting $121.30. 3,186,707 shares of the stock traded hands, compared to its average volume of 995,604. Sun Communities has a twelve month low of $115.53 and a twelve month high of $137.85. The firm has a market cap of $14.95 billion, a price-to-earnings ratio of 11.02, a price-to-earnings-growth ratio of 4.03 and a beta of 0.79. The company’s 50-day simple moving average is $122.04 and its 200-day simple moving average is $126.45. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.39 and a current ratio of 3.39.

Sun Communities (NYSE:SUI) last posted its quarterly earnings data on Monday, July 27th. The real estate investment trust reported ($8.08) EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($8.74). The firm had revenue of $478.40 million during the quarter, compared to the consensus estimate of $623.40 million. Sun Communities had a return on equity of 0.16% and a net margin of 62.29%.Sun Communities has set its FY 2026 guidance at 6.940-7.100 EPS and its Q3 2026 guidance at 2.230-2.330 EPS. As a group, equities research analysts expect that Sun Communities will post 6.9 earnings per share for the current year.

Sun Communities Announces Dividend

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

Insider Activity

In other news, Director Gary A. Shiffman sold 25,031 shares of the firm’s stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $119.96, for a total transaction of $3,002,718.76. Following the completion of the transaction, the director owned 857,761 shares in the company, valued at approximately $102,897,009.56. This trade represents a 2.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Fernando Castro-Caratini sold 23,750 shares of Sun Communities stock in a transaction that occurred on 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 completion of the transaction, the executive vice president directly owned 9,998 shares in the company, valued at $1,244,051.14. This represents a 70.37% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.58% of the company’s stock.

Institutional Investors Weigh In On Sun Communities

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Fulcrum Asset Management LLP acquired a new position in shares of Sun Communities in the 3rd quarter worth $27,000. Wiser Advisor Group LLC purchased a new stake in shares of Sun Communities during the third quarter valued at $46,000. Prosperity Bancshares Inc acquired a new position in shares of Sun Communities in the 4th quarter valued at $48,000. Kestra Advisory Services LLC purchased a new position in Sun Communities in the 4th quarter worth about $68,000. Finally, Smartleaf Asset Management LLC increased its stake in Sun Communities by 37.3% in the 2nd quarter. Smartleaf Asset Management LLC now owns 556 shares of the real estate investment trust’s stock worth $70,000 after purchasing an additional 151 shares in the last quarter. Institutional investors and hedge funds 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.