Sun Communities, Inc. (NYSE:SUI) Receives Average Recommendation of “Hold” from Analysts

Sun Communities, Inc. (NYSE:SUI) has been given a consensus recommendation of “Hold” by the fourteen ratings firms that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $137.4615.

SUI has been the subject of a number of research analyst reports. Morgan Stanley lowered their price target on Sun Communities from $139.00 to $135.00 and set an “equal weight” rating for the company in a report on Tuesday, November 25th. Barclays restated an “overweight” rating and issued a $144.00 target price on shares of Sun Communities in a report on Tuesday, January 13th. Royal Bank Of Canada lifted their price target on shares of Sun Communities from $142.00 to $143.00 and gave the stock 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 research note on Wednesday, October 8th. Finally, UBS Group raised their price objective on Sun Communities from $126.00 to $127.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th.

Insider Buying and Selling

In other news, Director Gary A. Shiffman sold 156,875 shares of Sun Communities stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $123.53, for a total value of $19,378,768.75. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Clunet R. Lewis sold 4,000 shares of the company’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $126.24, for a total transaction of $504,960.00. Following the completion of the sale, the director owned 26,000 shares of the company’s stock, valued at approximately $3,282,240. This trade represents a 13.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.77% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. raised its holdings 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 valued at $25,000 after buying an additional 184 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new position in Sun Communities in the 3rd quarter valued at about $27,000. Fulcrum Asset Management LLP acquired a new position in Sun Communities in the 3rd quarter valued at about $27,000. Elevation Point Wealth Partners LLC purchased a new stake in Sun Communities during the 2nd quarter valued at approximately $30,000. Finally, Global X Japan Co. Ltd. acquired a new stake in Sun Communities during the 4th quarter worth approximately $33,000. 99.59% of the stock is currently owned by institutional investors and hedge funds.

Sun Communities Stock Up 0.4%

Sun Communities stock opened at $125.45 on Friday. The stock has a market cap of $15.51 billion, a PE ratio of 15.72, a P/E/G ratio of 4.12 and a beta of 0.90. The company has a debt-to-equity ratio of 0.58, a current ratio of 6.01 and a quick ratio of 6.01. The stock’s fifty day moving average is $125.39 and its two-hundred day moving average is $125.68. Sun Communities has a 1-year low of $109.22 and a 1-year high of $137.77.

Sun Communities (NYSE:SUI) last released its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $2.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.18 by $0.10. Sun Communities had a negative return on equity of 4.53% and a net margin of 42.58%.The business had revenue of $697.20 million during the quarter, compared to analysts’ expectations of $713.32 million. During the same period in the prior year, the firm posted $2.34 EPS. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. 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 EPS for the current fiscal year.

Sun Communities Dividend Announcement

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

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.