Sun Communities, Inc. (NYSE:SUI) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Sun Communities, Inc. (NYSE:SUI) have been given an average recommendation of “Moderate Buy” by the seventeen analysts that are covering the stock, Marketbeat reports. One 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 price target among analysts that have issued ratings on the stock in the last year is $140.1719.

A number of analysts recently issued reports on the stock. Robert W. Baird raised their price objective on shares of Sun Communities from $136.00 to $140.00 and gave the stock a “neutral” rating in a report on Friday, March 6th. Deutsche Bank Aktiengesellschaft upgraded shares of Sun Communities from a “hold” rating to a “buy” rating and set a $145.00 price objective for the company in a report on Tuesday, January 20th. Mizuho assumed coverage on shares of Sun Communities in a report on Tuesday, March 31st. They set an “outperform” rating and a $143.00 price objective for the company. Weiss Ratings restated a “hold (c)” rating on shares of Sun Communities in a report on Wednesday, January 21st. Finally, Barclays raised their price objective on shares of Sun Communities from $144.00 to $148.00 and gave the stock an “overweight” rating in a report on Friday, March 6th.

Sun Communities Stock Performance

NYSE SUI opened at $126.86 on Wednesday. Sun Communities has a 52-week low of $109.22 and a 52-week high of $137.85. The company has a 50-day simple moving average of $130.53 and a 200 day simple moving average of $127.28. The company has a debt-to-equity ratio of 0.58, a quick ratio of 4.43 and a current ratio of 4.43. The company has a market capitalization of $15.63 billion, a PE ratio of 11.81, a price-to-earnings-growth ratio of 4.42 and a beta of 0.90.

Sun Communities (NYSE:SUI) last posted its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $515.20 million during the quarter, compared to the consensus estimate of $509.40 million. During the same quarter last year, the company posted $1.41 earnings per share. The firm’s quarterly revenue was up .1% compared to the same quarter last year. 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. On average, research analysts predict that Sun Communities will post 6.77 EPS for the current year.

Sun Communities Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a $1.12 dividend. The ex-dividend date is Tuesday, March 31st. This is a positive change from Sun Communities’s previous quarterly dividend of $1.04. This represents a $4.48 annualized dividend and a dividend yield of 3.5%. Sun Communities’s dividend payout ratio is 41.71%.

Insider Buying and Selling at Sun Communities

In other news, Director Clunet R. Lewis sold 3,800 shares of Sun Communities stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $136.01, for a total value of $516,838.00. Following the completion of the transaction, the director owned 16,817 shares in the company, valued at $2,287,280.17. This trade represents a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.77% of the stock is owned by insiders.

Hedge Funds Weigh In On Sun Communities

Several large investors have recently modified their holdings of SUI. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Sun Communities by 1,226.7% in the fourth 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. Aster Capital Management DIFC Ltd purchased a new position in shares of Sun Communities in the third quarter worth about $27,000. Fulcrum Asset Management LLP purchased a new position in shares of Sun Communities in the third quarter worth about $27,000. Global X Japan Co. Ltd. purchased a new position in shares of Sun Communities in the fourth quarter worth about $33,000. Finally, Assetmark Inc. increased its stake in shares of Sun Communities by 55.7% in the third 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. Hedge funds and other institutional investors own 99.59% of the company’s stock.

Sun Communities Company Profile

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.