Sun Communities (NYSE:SUI) Releases Q3 2026 Earnings Guidance

Sun Communities (NYSE:SUI) issued an update on its third quarter 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 2.230-2.330 for the period, compared to the consensus earnings per share estimate of 2.240. The company issued revenue guidance of -. Sun Communities also updated its FY 2026 guidance to 6.940-7.100 EPS.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SUI. Truist Financial lowered their price objective on shares of Sun Communities from $141.00 to $138.00 and set a “buy” rating for the company in a research report on Friday, June 26th. Mizuho cut their price objective on shares of Sun Communities from $143.00 to $137.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 30th. Wells Fargo & Company reduced their target price on shares of Sun Communities from $150.00 to $142.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Jefferies Financial Group upgraded Sun Communities to a “strong-buy” rating in a report on Wednesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft set a $133.00 price target on Sun Communities in a research note on Thursday, May 14th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Sun Communities has an average rating of “Moderate Buy” and an average price target of $140.05.

Sun Communities Trading Down 0.4%

NYSE:SUI opened at $121.30 on Tuesday. The company has a market cap of $14.95 billion, a P/E ratio of 11.02, a price-to-earnings-growth ratio of 4.03 and a beta of 0.79. Sun Communities has a twelve month low of $115.53 and a twelve month high of $137.85. The business has a 50 day moving average price of $122.03 and a two-hundred day moving average price of $126.44. The company has a quick ratio of 3.39, a current ratio of 3.39 and a debt-to-equity ratio of 0.60.

Sun Communities (NYSE:SUI) last posted its quarterly earnings data on Monday, April 27th. The real estate investment trust reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.31 by ($1.38). The business had revenue of $500.50 million during the quarter, compared to analyst estimates of $472.40 million. Sun Communities had a net margin of 62.29% and a return on equity of 0.16%. Sun Communities’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter last year, the business earned $1.26 earnings per share. As a group, analysts expect that Sun Communities will post 6.9 EPS for the current fiscal year.

Sun Communities Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a dividend of $1.12 per share. The ex-dividend date was Tuesday, June 30th. This represents a $4.48 annualized dividend and a yield of 3.7%. Sun Communities’s dividend payout ratio is presently 40.69%.

Insiders Place Their Bets

In related news, Director Gary A. Shiffman sold 25,031 shares of the firm’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $119.96, for a total value of $3,002,718.76. Following the completion of the transaction, the director owned 857,761 shares of the company’s stock, valued at approximately $102,897,009.56. This trade represents a 2.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Fernando Castro-Caratini sold 23,750 shares of Sun Communities stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $124.43, for a total transaction of $2,955,212.50. Following the completion of the sale, the executive vice president owned 9,998 shares in the company, valued at $1,244,051.14. The trade was a 70.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.58% of the stock is currently owned by company insiders.

Key Sun Communities News

Here are the key news stories impacting Sun Communities this week:

• Positive Sentiment: Sun Communities reported second-quarter CFFO of $1.84 per share, above the FactSet estimate of $1.76 and ahead of the $1.76 recorded in the year-earlier period. The result indicates resilient underlying performance from the manufactured-housing, RV and marina-focused REIT. Sun Communities second-quarter CFFO report
• Positive Sentiment: Management raised full-year 2026 EPS guidance to $6.94–$7.10 from a prior outlook implied by the $6.93 consensus, modestly above analyst expectations. Third-quarter guidance of $2.23–$2.33 is broadly in line with the $2.24 consensus. Sun Communities guidance update
• Neutral Sentiment: Morgan Stanley analyst Adam Kramer maintained a Hold rating and a $135 price target. The stance suggests a balanced risk-reward profile: operational results are healthy, but the modest guidance increase does not provide a strong enough catalyst for a more bullish view. Morgan Stanley maintains Hold rating on Sun Communities
• Negative Sentiment: The REIT reported a GAAP net loss of $8.08 per diluted share for the quarter, including a loss from discontinued operations. Although this measure differs from the stronger CFFO result, the headline loss can weigh on sentiment and obscure the underlying operating beat. Sun Communities second-quarter results release

Institutional Trading of Sun Communities

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Sun Communities by 8.4% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,087 shares of the real estate investment trust’s stock worth $140,000 after purchasing an additional 84 shares in the last quarter. Orion Porfolio Solutions LLC boosted its holdings in shares of Sun Communities by 1.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 9,335 shares of the real estate investment trust’s stock valued at $1,181,000 after buying an additional 117 shares during the last quarter. Parallel Advisors LLC grew its stake in shares of Sun Communities by 22.3% in the fourth quarter. Parallel Advisors LLC now owns 718 shares of the real estate investment trust’s stock valued at $89,000 after buying an additional 131 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Sun Communities by 26.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 673 shares of the real estate investment trust’s stock valued at $85,000 after buying an additional 141 shares in the last quarter. Finally, Captrust Financial Advisors grew its stake in shares of Sun Communities by 3.9% in the second quarter. Captrust Financial Advisors now owns 3,884 shares of the real estate investment trust’s stock valued at $491,000 after buying an additional 145 shares in the last quarter. Institutional investors and hedge funds 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.