Sun Communities
About: Sun Communities is a residential REIT that focuses on owning manufactured housing and residential vehicle communities. The company currently owns a portfolio of 502 properties, which includes 337 manufactured housing communities and 165 residential vehicle communities. Sun targets owning properties that are desirable as second homes or vacation properties with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.
Employees: 6,590
0
Funds holding %
of 7,433 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
25% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 5 (+1) [Q2]
15% more call options, than puts
Call options by funds: $4.92M | Put options by funds: $4.29M
4.98% more ownership
Funds ownership: 96.56% [Q1] → 101.54% (+4.98%) [Q2]
10% more repeat investments, than reductions
Existing positions increased: 184 | Existing positions reduced: 168
3% more capital invested
Capital invested by funds: $15.9B [Q1] → $16.4B (+$545M) [Q2]
6% less funds holding
Funds holding: 486 [Q1] → 455 (-31) [Q2]
37% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 59
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$130
4%
upside
Avg. target
$137
9%
upside
High target
$143
14%
upside
7 analyst ratings
3 positive
43%
4 neutral
57%
0 negative
0%
Baird Wesley Golladay | 7%upside $134 | Neutral Maintained | 11 Aug 2025 |
Truist Securities Anthony Hau | 13%upside $141 | Buy Maintained | 7 Aug 2025 |
RBC Capital Brad Heffern | 14%upside $143 | Outperform Maintained | 1 Aug 2025 |
Morgan Stanley Adam Kramer | 8%upside $135 | Equal-Weight Initiated | 15 Jul 2025 |
Deutsche Bank Omotayo Okusanya | 8%upside $135 | Hold Maintained | 25 Jun 2025 |
Financial journalist opinion
Based on 10 articles about SUI published over the past 30 days
Positive
Seeking Alpha
2 days ago
Powell Pivot Sparks REIT Rebound
U.S. equity markets notched another series of record highs this week, surging into the weekend after surprisingly dovish commentary from Federal Reserve Chair Powell, who hinted at imminent rate cuts. Powell used his final Jackson Hole speech as Fed Chair to deliver a clear policy pivot, an unexpected reversal after months of insistence that tariff-related inflation warranted a hawkish framework. Markets were equally relieved by the policy-focused nature of Powell's speech amid speculation that the address may be used instead as a potential defiant sermon on central bank independence.
Positive
Seeking Alpha
4 days ago
Sun Communities: Quietly Dominating One Of Real Estate's Best Niches
Sun Communities offers durable income and long-term growth, with high occupancy, inflation-resistant rents, and a sharpened focus on manufactured housing and RV communities. Recent results show strong NOI growth in manufactured housing, resilient FFO, and a stable dividend yield, supported by cost savings and high tenant retention. The balance sheet is exceptionally strong, with upgraded credit ratings, low leverage, and ample cash for future acquisitions following the marina asset sale.
Positive
Seeking Alpha
2 weeks ago
Disinflation Dividend: REIT Earnings Scorecard
A surprising solid REIT earnings season wrapped up this week. Of the 100 equity REITs that provide full-year FFO guidance, 62% raised their outlook - above the historical 55% average. Disinflation was a surprisingly common thread across second-quarter results, with the majority of the upside revisions being driven by improved expense expectations - the highest quantity of expense reductions ever. Healthcare REITs were notable upside standouts as senior housing fundamentals remained stellar, while skilled nursing REITs received some good news on the policy front via healthy CMS Medicare rate increases.
Neutral
Seeking Alpha
2 weeks ago
Forget The S&P 500, Here's Where I'm Investing Instead
REITs have outperformed the S&P 500 over the long run. I expect REITs to return to their lead over the coming years. I highlight specific REITs that are especially well-positioned.
Positive
The Motley Fool
3 weeks ago
Better Dividend Stock: Sun Communities vs. Agree Realty
Real estate investment trusts (REITs) are generally income investments, but they all go about the income theme a bit differently. For example, Sun Communities (SUI 0.22%) is often viewed as a growth-oriented REIT, while a REIT like Realty Income (O 1.28%) is all about a sustainable high yield.
Negative
Seeking Alpha
3 weeks ago
Behind The (Revised) Curve
U.S. equity markets fell sharply this week, while benchmark interest rates retreated to three-month lows, after revised employment data showed that job growth was far weaker than initially reported. The BLS payrolls report showed softer-than-expected hiring in July and the steepest two-month downward revisions to jobs growth since 2020, raising concern that the Fed may be "behind the curve." The downward revisions came days after Fed Chair Powell used it as the primary evidence for "solid" labor markets, which justified the FOMC's decision to keep rates in "restrictive" territory.
Neutral
Seeking Alpha
3 weeks ago
Sun Communities, Inc (SUI) Q2 2025 Earnings Call Transcript
Sun Communities, Inc (NYSE:SUI ) Q2 2025 Earnings Conference Call July 31, 2025 2:00 PM ET Company Participants Fernando Castro-Caratini - Executive VP, CFO, Treasurer & Secretary Gary A. Shiffman - Chairman & CEO John Bandini McLaren - President Conference Call Participants Adam Kramer - Morgan Stanley, Research Division Bradley Barrett Heffern - RBC Capital Markets, Research Division David Segall - Green Street Advisors, LLC, Research Division Eric Jon Wolfe - Citigroup Inc., Research Division James Colin Feldman - Wells Fargo Securities, LLC, Research Division Jana Galan - BofA Securities, Research Division Jason Adam Wayne - Barclays Bank PLC, Research Division John P.
Positive
The Motley Fool
3 weeks ago
Why Sun Communities Stock Burned So Brightly Today
Investors were very warm to Sun Communities (SUI 6.33%) on Thursday. After the veteran real estate investment trust (REIT) published an estimates-trouncing quarter following Wednesday's market close, they piled into the stock to boost it to an over 6% price gain on the day.
Positive
Zacks Investment Research
3 weeks ago
Sun Communities (SUI) Reports Q2 Earnings: What Key Metrics Have to Say
The headline numbers for Sun Communities (SUI) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Neutral
GlobeNewsWire
3 weeks ago
Sun Communities Reports Results for the Second Quarter and First Six Months of 2025
Net Income per Diluted Share of $10.02 for the Quarter, inclusive of Income from Discontinued Operations
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