Sun Communities (NYSE:SUI) Stock Price Expected to Rise, Citigroup Analyst Says

Sun Communities (NYSE:SUI) had its target price lifted by research analysts at Citigroup from $150.00 to $155.00 in a report issued on Monday,Benzinga reports. The firm presently has a “buy” rating on the real estate investment trust’s stock. Citigroup’s target price would indicate a potential upside of 12.97% from the company’s previous close.

Several other brokerages also recently weighed in on SUI. Morgan Stanley lowered their target price on shares of Sun Communities from $139.00 to $135.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 25th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sun Communities in a research report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft raised shares of Sun Communities from a “hold” rating to a “buy” rating and set a $145.00 target price on the stock in a research note on Tuesday, January 20th. UBS Group upped their price objective on shares of Sun Communities from $126.00 to $127.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Finally, Robert W. Baird increased their price objective on Sun Communities from $134.00 to $136.00 and gave the company a “neutral” rating in a research note on Wednesday, November 19th. Eight analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $139.93.

Sun Communities Trading Up 0.5%

Shares of Sun Communities stock traded up $0.74 during trading on Monday, hitting $137.20. The stock had a trading volume of 324,309 shares, compared to its average volume of 835,509. Sun Communities has a 12 month low of $109.22 and a 12 month high of $137.85. The firm’s fifty day simple moving average is $126.94 and its 200-day simple moving average is $126.49. The stock has a market cap of $16.90 billion, a PE ratio of 12.75, a PEG ratio of 4.54 and a beta of 0.87. The company has a debt-to-equity ratio of 0.58, a current ratio of 4.43 and a quick ratio of 4.43.

Sun Communities (NYSE:SUI) last announced its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.40 EPS for the quarter, beating the consensus estimate of $1.37 by $0.03. The company had revenue of $515.20 million for the quarter, compared to the consensus estimate of $509.40 million. Sun Communities had a negative return on equity of 0.04% and a net margin of 61.86%.Sun Communities’s quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.41 EPS. Sun Communities has set its FY 2026 guidance at 6.830-7.030 EPS and its Q1 2026 guidance at 1.240-1.320 EPS. As a group, sell-side analysts expect that Sun Communities will post 6.77 EPS for the current fiscal year.

Insiders Place Their Bets

In other Sun Communities news, Director Gary A. Shiffman sold 156,875 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $123.53, for a total transaction of $19,378,768.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.89% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Sun Communities by 1,226.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 199 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 184 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new position in Sun Communities during the 3rd quarter valued at $27,000. Fulcrum Asset Management LLP bought a new stake in shares of Sun Communities in the 3rd quarter valued at approximately $27,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Sun Communities during the 2nd quarter worth approximately $30,000. Finally, Global X Japan Co. Ltd. bought a new stake in shares of Sun Communities during the fourth quarter valued at approximately $33,000. Hedge funds and other institutional investors own 99.59% of the company’s stock.

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.