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

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

Sun Communities Trading Up 1.0%

SUI opened at $125.28 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 3.39, a quick ratio of 3.39 and a debt-to-equity ratio of 0.60. The stock has a 50-day moving average of $122.06 and a 200 day moving average of $126.44. The firm has a market cap of $15.44 billion, a P/E ratio of -17.44, a P/E/G ratio of 4.01 and a beta of 0.79.

Sun Communities (NYSE:SUI) last released its earnings results on Monday, April 27th. The real estate investment trust reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $1.31 by ($1.38). The company had revenue of $500.50 million for the quarter, compared to the consensus estimate of $472.40 million. Sun Communities had a negative net margin of 39.03% and a positive return on equity of 2.50%. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.26 EPS. As a group, research analysts forecast that Sun Communities will post 6.9 EPS for the current year.

Sun Communities Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $1.12 dividend. This represents a $4.48 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Tuesday, June 30th. Sun Communities’s dividend payout ratio (DPR) is 40.69%.

Analyst Ratings Changes

Several brokerages recently commented on SUI. Weiss Ratings downgraded shares of Sun Communities from a “buy (b-)” rating to a “hold (c)” rating in a report on Friday, May 1st. Colliers Securities raised Sun Communities from a “neutral” rating to a “buy” rating and set a $150.00 target price on the stock in a research note on Friday, May 22nd. Truist Financial decreased their price target on Sun Communities from $141.00 to $138.00 and set a “buy” rating for the company in a research note on Friday, June 26th. Mizuho dropped their price objective on Sun Communities from $143.00 to $137.00 and set an “outperform” rating for the company in a report on Tuesday, June 30th. Finally, Royal Bank Of Canada cut their price objective on Sun Communities from $151.00 to $149.00 and set an “outperform” rating on the stock in a research report on Friday, June 5th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Sun Communities presently has a consensus rating of “Moderate Buy” and an average target price of $140.05.

Insider Buying and Selling

In other news, Director Gary A. Shiffman sold 25,031 shares of the firm’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $119.96, for a total value of $3,002,718.76. Following the completion of the sale, the director owned 857,761 shares of the company’s stock, valued at $102,897,009.56. This trade represents a 2.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Fernando Castro-Caratini sold 23,750 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were 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 in the company, valued at approximately $1,244,051.14. This trade represents a 70.37% decrease in their position. The SEC filing for this sale provides additional information. 1.58% of the stock is currently owned by company insiders.

Institutional Trading of Sun Communities

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Fulcrum Asset Management LLP acquired a new stake in shares of Sun Communities during the 3rd quarter worth approximately $27,000. Wiser Advisor Group LLC purchased a new stake in Sun Communities during the third quarter worth $46,000. Prosperity Bancshares Inc acquired a new stake in Sun Communities during the fourth quarter valued at $48,000. Kestra Advisory Services LLC purchased a new position in Sun Communities in the fourth quarter valued at $68,000. Finally, Smartleaf Asset Management LLC raised its position in shares of Sun Communities by 37.3% in the second quarter. Smartleaf Asset Management LLC now owns 556 shares of the real estate investment trust’s stock worth $70,000 after acquiring an additional 151 shares during the period. 99.59% of the stock is owned by institutional investors and hedge funds.

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.