Sun Communities (NYSE:SUI – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 6.830-7.030 for the period, compared to the consensus estimate of 4.410. The company issued revenue guidance of -. Sun Communities also updated its Q1 2026 guidance to 1.240-1.320 EPS.
Wall Street Analyst Weigh In
SUI has been the topic of several research analyst reports. Royal Bank Of Canada increased their target price on Sun Communities from $142.00 to $143.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. Robert W. Baird increased their price objective on shares of Sun Communities from $134.00 to $136.00 and gave the stock a “neutral” rating in a report on Wednesday, November 19th. Jefferies Financial Group set a $142.00 price objective on shares of Sun Communities and gave the company a “buy” rating in a research report on Monday, November 3rd. Wall Street Zen raised shares of Sun Communities from a “sell” rating to a “hold” rating in a research note on Sunday, November 9th. Finally, Wells Fargo & Company increased their price target on shares of Sun Communities from $132.00 to $133.00 and gave the company an “equal weight” rating in a research note on Monday, November 10th. Six analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Sun Communities has an average rating of “Hold” and an average target price of $137.46.
Get Our Latest Analysis on Sun Communities
Sun Communities Trading Up 0.2%
Sun Communities Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Wednesday, December 31st were issued a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Wednesday, December 31st. Sun Communities’s payout ratio is currently 52.13%.
Insider Activity at Sun Communities
In other news, Director Gary A. Shiffman sold 156,875 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $123.53, for a total value of $19,378,768.75. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.89% of the company’s stock.
Hedge Funds Weigh In On Sun Communities
Several institutional investors and hedge funds have recently made changes to their positions in the company. Invesco Ltd. raised its stake in Sun Communities by 9.1% during the 4th quarter. Invesco Ltd. now owns 264,235 shares of the real estate investment trust’s stock worth $32,741,000 after buying an additional 22,123 shares during the period. Corient Private Wealth LLC increased its holdings in shares of Sun Communities by 4.0% in the fourth quarter. Corient Private Wealth LLC now owns 93,608 shares of the real estate investment trust’s stock worth $11,582,000 after acquiring an additional 3,568 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in shares of Sun Communities by 208.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 33,858 shares of the real estate investment trust’s stock worth $4,195,000 after purchasing an additional 22,870 shares during the period. Braeburn Wealth Management LLC acquired a new stake in shares of Sun Communities during the fourth quarter worth about $412,000. Finally, Delta Global Management LP bought a new position in shares of Sun Communities during the 4th quarter valued at about $2,403,000. 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.
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