Sun Communities
About: Sun Communities is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently owns a portfolio of 645 properties, which includes 341 manufactured housing communities, 166 residential vehicle communities, and 138 marina properties. 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
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
60% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 40
3% more funds holding
Funds holding: 466 [Q4 2024] → 481 (+15) [Q1 2025]
0% less capital invested
Capital invested by funds: $15.8B [Q4 2024] → $15.8B (-$11.5M) [Q1 2025]
1% less repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 179
4.66% less ownership
Funds ownership: 101.07% [Q4 2024] → 96.41% (-4.66%) [Q1 2025]
20% less funds holding in top 10
Funds holding in top 10: 5 [Q4 2024] → 4 (-1) [Q1 2025]
33% less call options, than puts
Call options by funds: $6.33M | Put options by funds: $9.51M
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Colliers Securities Barry Oxford | 5%upside $130 | Neutral Initiated | 13 Jun 2025 |
Truist Securities Anthony Hau | 11%upside $137 | Buy Maintained | 3 Jun 2025 |
Barclays Richard Hightower | 14%upside $141 | Overweight Initiated | 29 May 2025 |
JMP Securities Aaron Hecht | 13%upside $140 | Market Outperform Reiterated | 20 May 2025 |
B of A Securities Joshua Dennerlein | 7%upside $132 | Underperform Maintained | 12 May 2025 |
Financial journalist opinion
Based on 17 articles about SUI published over the past 30 days









