Sun Communities (NYSE:SUI) Upgraded by Bank of America to Neutral Rating

Posted by Stanley Muller on Aug 27th, 2026

Sun Communities (NYSE:SUI – Get Free Report) was upgraded by investment analysts at Bank of America from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Thursday, MarketBeat.com reports. The firm currently has a $140.00 price objective on the real estate investment trust’s stock. Bank of America‘s price objective would suggest a potential upside of 11.72% from the stock’s current price.

A number of other research analysts also recently weighed in on SUI. Truist Financial cut their price target on shares of Sun Communities from $141.00 to $138.00 and set a “buy” rating on the stock in a report on Friday, June 26th. Mizuho reduced their target price on Sun Communities from $143.00 to $137.00 and set an “outperform” rating for the company in a report on Tuesday, June 30th. Morgan Stanley dropped their price target on shares of Sun Communities from $135.00 to $126.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 12th. Jefferies Financial Group raised shares of Sun Communities to a “strong-buy” rating in a report on Wednesday, July 22nd. Finally, Wells Fargo & Company dropped their target price on shares of Sun Communities from $142.00 to $141.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $139.42.

Get Our Latest Analysis on SUI

Sun Communities Stock Down 0.5%

Shares of Sun Communities stock opened at $125.31 on Thursday. The firm has a market cap of $15.26 billion, a price-to-earnings ratio of -17.67, a P/E/G ratio of 5.74 and a beta of 0.78. The stock has a 50-day simple moving average of $121.16 and a 200-day simple moving average of $125.82. Sun Communities has a 52-week low of $115.90 and a 52-week high of $137.85. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.52 and a quick ratio of 2.52.

Insider Buying and Selling

In other Sun Communities news, Director Gary A. Shiffman sold 25,031 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $119.96, for a total value of $3,002,718.76. Following the completion of the sale, the director owned 857,761 shares in the company, valued at approximately $102,897,009.56. This trade represents a 2.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.58% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Fulcrum Asset Management LLP acquired a new position in shares of Sun Communities in the 3rd quarter valued at $27,000. Wiser Advisor Group LLC bought a new stake in Sun Communities in the third quarter valued at about $46,000. Oslo Pensjonsforsikring AS acquired a new position in Sun Communities in the first quarter worth about $49,000. Prosperity Bancshares Inc bought a new position in Sun Communities during the fourth quarter worth about $48,000. Finally, Allworth Financial LP boosted its holdings in Sun Communities by 141.6% during the fourth quarter. Allworth Financial LP now owns 430 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 252 shares in the last quarter. 99.59% of the stock is owned by institutional investors.

About Sun Communities

(Get Free Report)

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.