Sun Communities (NYSE:SUI) Updates Q2 2026 Earnings Guidance

Sun Communities (NYSE:SUI) issued an update on its second quarter 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 1.710-1.790 for the period, compared to the consensus estimate of 1.820. The company issued revenue guidance of -. Sun Communities also updated its FY 2026 guidance to 6.870-7.070 EPS.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on SUI. Zelman & Associates initiated coverage on shares of Sun Communities in a research report on Monday, March 16th. They issued an “outperform” rating and a $127.75 price target on the stock. Barclays boosted their target price on shares of Sun Communities from $144.00 to $148.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Truist Financial lifted their price target on Sun Communities from $141.00 to $147.00 and gave the stock a “buy” rating in a research report on Wednesday, March 4th. Weiss Ratings upgraded Sun Communities from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, April 13th. Finally, Citigroup upped their target price on shares of Sun Communities from $150.00 to $155.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Ten investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Sun Communities presently has an average rating of “Moderate Buy” and a consensus target price of $139.73.

Sun Communities Stock Performance

Shares of SUI stock opened at $127.51 on Wednesday. Sun Communities has a 12-month low of $115.53 and a 12-month high of $137.85. The company has a current ratio of 4.43, a quick ratio of 4.43 and a debt-to-equity ratio of 0.58. The business’s fifty day simple moving average is $131.01 and its 200-day simple moving average is $127.45. The company has a market cap of $15.71 billion, a PE ratio of 11.58, a PEG ratio of 4.37 and a beta of 0.90.

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 (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 $83.30 million during the quarter, compared to analyst estimates of $473.30 million. During the same period in the previous year, the company earned $1.26 EPS. Sun Communities’s revenue was up 8.0% on a year-over-year basis. 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. Analysts expect that Sun Communities will post 6.93 earnings per share for the current fiscal year.

Sun Communities Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a $1.12 dividend. This represents a $4.48 annualized dividend and a yield of 3.5%. This is a positive change from Sun Communities’s previous quarterly dividend of $1.04. The ex-dividend date of this dividend was Tuesday, March 31st. Sun Communities’s dividend payout ratio is 40.69%.

Insider Activity

In other news, Director Clunet R. Lewis sold 3,200 shares of the business’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $136.15, for a total transaction of $435,680.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.58% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Sun Communities

A number of institutional investors have recently added to or reduced their stakes in the company. Polymer Capital Management US LLC acquired a new position in shares of Sun Communities in the third quarter worth about $380,000. Boothbay Fund Management LLC purchased a new stake in Sun Communities during the 3rd quarter worth approximately $348,000. Jump Financial LLC purchased a new stake in Sun Communities during the 4th quarter worth approximately $328,000. CIBC Private Wealth Group LLC boosted its stake in shares of Sun Communities by 324.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,956 shares of the real estate investment trust’s stock valued at $252,000 after buying an additional 1,495 shares during the last quarter. Finally, Freestone Grove Partners LP acquired a new stake in Sun Communities in the third quarter valued at $223,000. Institutional investors and hedge funds 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.