Sun Communities, Inc. (NYSE:SUI) Given Consensus Recommendation of “Hold” by Analysts

Sun Communities, Inc. (NYSE:SUI) has earned a consensus rating of “Hold” from the thirteen brokerages that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $137.4167.

Several equities research analysts have recently issued reports on the company. Royal Bank Of Canada raised their price target on Sun Communities from $142.00 to $143.00 and gave the company an “outperform” rating in a research report on Thursday, November 6th. Truist Financial raised their target price on Sun Communities from $141.00 to $142.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. Evercore ISI upped their price target on Sun Communities from $136.00 to $138.00 and gave the stock an “in-line” rating in a report on Monday, September 15th. Wall Street Zen raised Sun Communities from a “sell” rating to a “hold” rating in a research report on Sunday, November 9th. Finally, Robert W. Baird boosted their target price on shares of Sun Communities from $134.00 to $136.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 19th.

Sun Communities Price Performance

Shares of Sun Communities stock opened at $124.27 on Monday. The firm has a fifty day simple moving average of $125.21 and a 200-day simple moving average of $125.88. The company has a current ratio of 6.01, a quick ratio of 6.01 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 $137.77. The stock has a market capitalization of $15.37 billion, a price-to-earnings ratio of 15.57, a PEG ratio of 4.31 and a beta of 0.92.

Sun Communities (NYSE:SUI) last posted its earnings results on Wednesday, October 29th. The real estate investment trust reported $2.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.18 by $0.10. The business had revenue of $697.20 million for the quarter, compared to analyst estimates of $713.32 million. Sun Communities had a net margin of 42.58% and a negative return on equity of 4.53%. Sun Communities’s revenue was up 2.5% compared to the same quarter last year. During the same period last year, the business posted $2.34 EPS. Sun Communities has set its Q4 2025 guidance at 1.310-1.390 EPS and its FY 2025 guidance at 6.590-6.670 EPS. On average, sell-side analysts expect that Sun Communities will post 6.77 earnings per share for the current year.

Sun Communities Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Wednesday, December 31st will be issued a dividend of $1.04 per share. The ex-dividend date is Wednesday, December 31st. This represents a $4.16 annualized dividend and a dividend yield of 3.3%. Sun Communities’s payout ratio is presently 52.13%.

Insider Activity

In related news, Director Clunet R. Lewis sold 4,000 shares of the stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $126.24, for a total value of $504,960.00. Following the completion of the sale, the director owned 26,000 shares in the company, valued at approximately $3,282,240. This trade represents a 13.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gary A. Shiffman sold 156,875 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $123.53, for a total value of $19,378,768.75. Additional details regarding this sale are available in the official SEC disclosure. 1.89% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SUI. Fulcrum Asset Management LLP acquired a new stake in Sun Communities during the third quarter worth $27,000. Aster Capital Management DIFC Ltd bought a new position in shares of Sun Communities during the 3rd quarter worth about $27,000. Twin Tree Management LP bought a new position in shares of Sun Communities during the 1st quarter worth about $29,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Sun Communities during the 2nd quarter valued at about $30,000. Finally, Ransom Advisory Ltd bought a new stake in Sun Communities in the first quarter valued at about $31,000. 99.59% of the stock is currently owned by institutional investors and hedge funds.

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.