Barclays Forecasts Strong Price Appreciation for Sun Communities (NYSE:SUI) Stock

Sun Communities (NYSE:SUI) had its price objective boosted by equities researchers at Barclays from $144.00 to $148.00 in a report issued on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the real estate investment trust’s stock. Barclays‘s price target would suggest a potential upside of 8.05% from the stock’s current price.

A number of other analysts have also weighed in on SUI. Morgan Stanley reduced their target price on Sun Communities from $139.00 to $135.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 25th. Truist Financial boosted their target price on shares of Sun Communities from $141.00 to $147.00 and gave the company a “buy” rating in a research note on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sun Communities in a research note on Wednesday, January 21st. Wall Street Zen upgraded shares of Sun Communities from a “sell” rating to a “hold” rating in a report on Sunday, November 9th. Finally, Robert W. Baird boosted their price objective on shares of Sun Communities from $136.00 to $140.00 and gave the company a “neutral” rating in a research report on Friday. Eight investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $140.86.

Sun Communities Stock Performance

NYSE:SUI opened at $136.97 on Friday. The firm has a market capitalization of $16.87 billion, a PE ratio of 12.75, a PEG ratio of 4.55 and a beta of 0.88. The stock’s fifty day moving average is $128.20 and its 200 day moving average is $126.83. Sun Communities has a fifty-two week low of $109.22 and a fifty-two week high of $137.85. The company has a debt-to-equity ratio of 0.58, a quick ratio of 4.43 and a current ratio of 4.43.

Sun Communities (NYSE:SUI) last posted its quarterly earnings data 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 analyst estimates of $509.40 million. During the same period in the previous year, the firm earned $1.41 earnings per share. Sun Communities’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, sell-side analysts anticipate that Sun Communities will post 6.77 earnings per share for the current year.

Insider Transactions at Sun Communities

In other Sun Communities news, Director Clunet R. Lewis sold 3,200 shares of the stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $136.15, for a total transaction of $435,680.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Gary A. Shiffman sold 156,875 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $123.53, for a total transaction of $19,378,768.75. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 163,875 shares of company stock valued at $20,331,287. 1.77% of the stock is owned by insiders.

Hedge Funds Weigh In On Sun Communities

A number of large investors have recently bought and sold shares of SUI. Aew Capital Management L P lifted its stake in shares of Sun Communities by 7.2% during the 2nd quarter. Aew Capital Management L P now owns 205,190 shares of the real estate investment trust’s stock worth $25,954,000 after purchasing an additional 13,730 shares during the last quarter. Allstate Corp purchased a new position in Sun Communities in the third quarter valued at about $659,000. Vanguard Group Inc. grew its stake in Sun Communities by 1.4% in the third quarter. Vanguard Group Inc. now owns 18,289,956 shares of the real estate investment trust’s stock valued at $2,359,404,000 after purchasing an additional 249,501 shares during the last quarter. Rakuten Investment Management Inc. bought a new position in Sun Communities in the third quarter worth about $1,527,000. Finally, Baillie Gifford & Co. lifted its position in shares of Sun Communities by 26.6% during the third quarter. Baillie Gifford & Co. now owns 48,210 shares of the real estate investment trust’s stock valued at $6,219,000 after buying an additional 10,127 shares during the last quarter. 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.