Sun Communities, Inc. (NYSE:SUI) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts: Sun Communities has a consensus "Moderate Buy" from 17 firms with an average 12‑month target of about $140.61, and recent analyst upgrades/target raises include Wells Fargo ($150) and RBC ($151).
• Earnings surprise: The company reported a quarterly EPS of ($0.07) vs. $1.31 expected and revenue of $83.3M vs. $472.4M expected, but issued FY2026 guidance of 6.87–7.07 EPS (sell‑side consensus ~6.93).
• Dividend increase: Sun Communities raised its quarterly dividend to $1.12 (annualized $4.48), implying a ~3.5% yield and a payout ratio of about 40.7%.

Sun Communities, Inc. (NYSE:SUI - Get Free Report) has been given an average recommendation of "Moderate Buy" by the seventeen research firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $140.6094.

A number of research analysts have recently commented on SUI shares. UBS Group raised their target price on Sun Communities from $126.00 to $127.00 and gave the company a "neutral" rating in a research note on Thursday, January 8th. Wells Fargo & Company upgraded Sun Communities from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $133.00 to $150.00 in a report on Friday, February 27th. Mizuho assumed coverage on Sun Communities in a research report on Tuesday, March 31st. They set an "outperform" rating and a $143.00 price objective for the company. Weiss Ratings cut shares of Sun Communities from a "buy (b-)" rating to a "hold (c)" rating in a report on Friday. Finally, Royal Bank Of Canada increased their price target on shares of Sun Communities from $148.00 to $151.00 and gave the stock an "outperform" rating in a research note on Wednesday.

Insider Transactions at Sun Communities

In other news, Director Clunet R. Lewis sold 3,800 shares of the company's stock in a transaction that occurred on 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 owned 16,817 shares in the company, valued at approximately $2,287,280.17. This represents a 18.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.58% of the company's stock.

Hedge Funds Weigh In On Sun Communities

A number of hedge funds have recently added to or reduced their stakes in SUI. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Sun Communities by 1,226.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 199 shares of the real estate investment trust's stock worth $25,000 after purchasing an additional 184 shares in the last quarter. Fulcrum Asset Management LLP bought a new position in shares of Sun Communities during the third quarter valued at $27,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Sun Communities during the third quarter valued at $27,000. Global X Japan Co. Ltd. purchased a new stake in shares of Sun Communities during the fourth quarter valued at $33,000. Finally, Assetmark Inc. increased its holdings in Sun Communities by 55.7% in the 3rd quarter. Assetmark Inc. now owns 271 shares of the real estate investment trust's stock worth $35,000 after buying an additional 97 shares in the last quarter. 99.59% of the stock is currently owned by hedge funds and other institutional investors.

Sun Communities Price Performance

Shares of NYSE SUI opened at $126.62 on Friday. Sun Communities has a 1 year low of $115.53 and a 1 year high of $137.85. The stock has a market capitalization of $15.60 billion, a P/E ratio of 11.50, a P/E/G ratio of 4.33 and a beta of 0.82. The company's 50-day moving average is $130.92 and its 200 day moving average is $127.49. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.39 and a quick ratio of 4.43.

Sun Communities (NYSE:SUI - Get Free Report) last issued its quarterly earnings data 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). The company had revenue of $83.30 million during the quarter, compared to analysts' expectations of $472.40 million. Sun Communities had a return on equity of 0.16% and a net margin of 62.29%.The business's quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the business earned $1.26 earnings per share. 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. On average, sell-side analysts expect that Sun Communities will post 6.93 earnings per share for the current year.

Sun Communities Increases Dividend

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.