Sun Communities (NYSE:SUI) Releases Q2 2025 Earnings Guidance

Sun Communities (NYSE:SUI - Get Free Report) issued an update on its second quarter 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 1.620-1.700 for the period, compared to the consensus estimate of 1.740. The company issued revenue guidance of -. Sun Communities also updated its FY 2025 guidance to 6.430-6.630 EPS.

Sun Communities Trading Up 0.9 %

Sun Communities stock traded up $1.16 during trading hours on Friday, reaching $124.72. The stock had a trading volume of 56,405 shares, compared to its average volume of 831,163. Sun Communities has a 52 week low of $109.22 and a 52 week high of $147.83. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.61 and a quick ratio of 1.61. The company has a fifty day simple moving average of $126.23 and a 200-day simple moving average of $126.51. The stock has a market cap of $15.91 billion, a PE ratio of 67.05 and a beta of 0.86.

Sun Communities (NYSE:SUI - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $1.26 EPS for the quarter, beating the consensus estimate of $1.18 by $0.08. Sun Communities had a net margin of 7.46% and a return on equity of 3.21%. The company had revenue of $470.20 million for the quarter, compared to the consensus estimate of $538.63 million. During the same period in the prior year, the firm posted $1.19 EPS. Sun Communities's revenue for the quarter was up .2% on a year-over-year basis. Analysts forecast that Sun Communities will post 6.77 EPS for the current fiscal year.

Sun Communities Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a $0.94 dividend. This represents a $3.76 annualized dividend and a yield of 3.01%. The ex-dividend date of this dividend was Monday, March 31st. Sun Communities's payout ratio is currently 606.45%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Truist Financial lowered their price objective on shares of Sun Communities from $142.00 to $135.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. Royal Bank of Canada lowered their target price on shares of Sun Communities from $154.00 to $147.00 and set an "outperform" rating for the company in a research note on Wednesday. Jefferies Financial Group began coverage on Sun Communities in a research report on Tuesday, April 8th. They set a "buy" rating and a $150.00 price target for the company. Robert W. Baird dropped their price objective on shares of Sun Communities from $128.00 to $126.00 and set a "neutral" rating on the stock in a report on Thursday. Finally, JMP Securities reaffirmed a "market outperform" rating and set a $140.00 target price (down from $150.00) on shares of Sun Communities in a report on Monday, April 21st. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $136.90.

Sun Communities Company Profile

Established in 1975, Sun Communities, Inc became a publicly owned corporation in December 1993. The Company is a fully integrated REIT listed on the New York Stock Exchange under the symbol: SUI. As of December 31, 2023, the Company owned, operated, or had an interest in a portfolio of 667 developed MH, RV and Marina properties comprising 179,310 developed sites and approximately 48,030 wet slips and dry storage spaces in the U.S., the UK and Canada.