Sun Communities (NYSE:SUI) Releases Q3 2026 Earnings Guidance

Sun Communities (NYSE:SUI) issued an update on its third quarter 2026 earnings guidance on Monday. The company provided earnings per share guidance of 2.230-2.330 for the period, compared to the consensus EPS estimate of 2.240. The company issued revenue guidance of -. Sun Communities also updated its FY 2026 guidance to 6.940-7.100 EPS.

Wall Street Analyst Weigh In

Several research analysts recently commented on SUI shares. Truist Financial cut their price target on shares of Sun Communities from $141.00 to $138.00 and set a “buy” rating on the stock in a report on Friday, June 26th. Weiss Ratings lowered shares of Sun Communities from a “buy (b-)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Evercore reaffirmed an “outperform” rating and issued a $144.00 price objective on shares of Sun Communities in a report on Wednesday, April 29th. Mizuho dropped their target price on Sun Communities from $143.00 to $137.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 30th. Finally, Deutsche Bank Aktiengesellschaft set a $133.00 price objective on shares of Sun Communities in a research note on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $140.05.

Sun Communities Trading Down 0.4%

NYSE SUI traded down $0.53 on Monday, hitting $121.30. The company’s stock had a trading volume of 3,186,625 shares, compared to its average volume of 995,604. The firm has a market cap of $14.95 billion, a PE ratio of 11.02, a PEG ratio of 4.03 and a beta of 0.79. Sun Communities has a 1-year low of $115.53 and a 1-year high of $137.85. The company has a quick ratio of 3.39, a current ratio of 3.39 and a debt-to-equity ratio of 0.60. The company’s 50-day moving average is $122.04 and its 200 day moving average is $126.45.

Sun Communities (NYSE:SUI) last issued its quarterly earnings results on Monday, July 27th. The real estate investment trust reported ($8.08) earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($8.74). The business had revenue of $478.40 million for the quarter, compared to analyst estimates 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, analysts predict that Sun Communities will post 6.9 earnings per share for the current fiscal year.

Sun Communities Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a dividend of $1.12 per share. This represents a $4.48 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Tuesday, June 30th. Sun Communities’s dividend payout ratio (DPR) is presently 40.69%.

Insiders Place Their Bets

In other news, Director Gary A. Shiffman sold 25,031 shares of the stock in a transaction that occurred on 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 directly owned 857,761 shares of the company’s stock, valued at $102,897,009.56. This represents a 2.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Fernando Castro-Caratini sold 23,750 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $124.43, for a total value 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 SEC filing for this sale provides additional information. Insiders own 1.58% of the company’s stock.

Hedge Funds Weigh In On Sun Communities

Several hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Sun Communities by 8.4% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,087 shares of the real estate investment trust’s stock valued at $140,000 after acquiring an additional 84 shares in the last quarter. Orion Porfolio Solutions LLC boosted its holdings in Sun Communities by 1.3% in the second quarter. Orion Porfolio Solutions LLC now owns 9,335 shares of the real estate investment trust’s stock valued at $1,181,000 after acquiring an additional 117 shares in the last quarter. Parallel Advisors LLC increased its position in Sun Communities by 22.3% during the 4th quarter. Parallel Advisors LLC now owns 718 shares of the real estate investment trust’s stock valued at $89,000 after purchasing an additional 131 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Sun Communities by 26.5% during 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 purchasing an additional 141 shares during the period. Finally, Captrust Financial Advisors raised its holdings in Sun Communities by 3.9% in the 2nd quarter. Captrust Financial Advisors now owns 3,884 shares of the real estate investment trust’s stock worth $491,000 after purchasing an additional 145 shares in the last quarter. 99.59% of the stock is owned by hedge funds and other institutional investors.

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.