Sun Communities (NYSE:SUI) Stock Price Expected to Rise, Citigroup Analyst Says

Sun Communities (NYSE:SUI) had its price objective upped by research analysts at Citigroup from $150.00 to $155.00 in a report issued on Monday,Benzinga reports. The firm presently has a “buy” rating on the real estate investment trust’s stock. Citigroup’s target price suggests a potential upside of 13.83% from the stock’s current price.

Several other research analysts have also issued reports on SUI. UBS Group raised their price target on Sun Communities from $126.00 to $127.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Royal Bank Of Canada increased their target price on Sun Communities from $142.00 to $143.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Weiss Ratings restated a “hold (c)” rating on shares of Sun Communities in a report on Wednesday, January 21st. Wall Street Zen upgraded Sun Communities from a “sell” rating to a “hold” rating in a research report on Sunday, November 9th. Finally, Deutsche Bank Aktiengesellschaft raised Sun Communities from a “hold” rating to a “buy” rating and set a $145.00 price target for the company in a research note on Tuesday, January 20th. Eight analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Sun Communities presently has an average rating of “Hold” and a consensus target price of $139.93.

Sun Communities Stock Performance

Sun Communities stock opened at $136.17 on Monday. The company has a market cap of $16.77 billion, a PE ratio of 12.68, a PEG ratio of 4.57 and a beta of 0.88. The company has a current ratio of 4.43, a quick ratio of 4.43 and a debt-to-equity ratio of 0.58. Sun Communities has a 1 year low of $109.22 and a 1 year high of $137.85. The company’s 50-day moving average is $127.47 and its two-hundred day moving average is $126.62.

Sun Communities (NYSE:SUI) last issued its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $1.40 EPS for the quarter, topping the consensus estimate of $1.37 by $0.03. Sun Communities had a net margin of 61.86% and a negative return on equity of 0.04%. The company had revenue of $515.20 million during the quarter, compared to analysts’ expectations of $509.40 million. During the same quarter in the previous year, the company earned $1.41 EPS. Sun Communities’s revenue was up .1% on a year-over-year basis. Sun Communities has set its FY 2026 guidance at 6.830-7.030 EPS and its Q1 2026 guidance at 1.240-1.320 EPS. Equities analysts anticipate that Sun Communities will post 6.77 earnings per share for the current year.

Insider Buying and Selling at Sun Communities

In other news, Director Gary A. Shiffman sold 156,875 shares of Sun Communities stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $123.53, for a total transaction of $19,378,768.75. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.89% of the stock is owned by company insiders.

Institutional Trading of Sun Communities

Hedge funds have recently bought and sold shares of the stock. CoreCap Advisors LLC boosted its holdings in shares of Sun Communities by 3.8% in the fourth quarter. CoreCap Advisors LLC now owns 2,228 shares of the real estate investment trust’s stock valued at $276,000 after buying an additional 82 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Sun Communities by 9.1% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,003 shares of the real estate investment trust’s stock valued at $127,000 after acquiring an additional 84 shares in the last quarter. IFP Advisors Inc lifted its position in Sun Communities by 3.2% in the 4th quarter. IFP Advisors Inc now owns 2,902 shares of the real estate investment trust’s stock valued at $360,000 after acquiring an additional 89 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Sun Communities by 13.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 773 shares of the real estate investment trust’s stock worth $96,000 after purchasing an additional 90 shares during the period. Finally, Assetmark Inc. increased its holdings in Sun Communities by 55.7% during the 3rd quarter. Assetmark Inc. now owns 271 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 97 shares in the last quarter. 99.59% of the stock is currently 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.