Sun Communities, Inc. (NYSE:SUI) Short Interest Update

Sun Communities, Inc. (NYSE:SUI) was the recipient of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 1,710,040 shares, a decline of 18.7% from the January 29th total of 2,102,338 shares. Approximately 1.4% of the company’s shares are sold short. Based on an average daily trading volume, of 944,839 shares, the short-interest ratio is currently 1.8 days. Based on an average daily trading volume, of 944,839 shares, the short-interest ratio is currently 1.8 days. Approximately 1.4% of the company’s shares are sold short.

Sun Communities Price Performance

Shares of SUI stock traded down $1.01 during trading hours on Tuesday, hitting $136.17. The stock had a trading volume of 660,006 shares, compared to its average volume of 842,525. The company has a debt-to-equity ratio of 0.58, a current ratio of 4.43 and a quick ratio of 4.43. The stock has a market capitalization of $16.77 billion, a price-to-earnings ratio of 12.68, a PEG ratio of 4.54 and a beta of 0.87. Sun Communities has a one year low of $109.22 and a one year high of $137.85. The stock’s 50-day moving average price is $127.47 and its two-hundred day moving average price is $126.62.

Sun Communities (NYSE:SUI) last announced its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.03. The firm had revenue of $515.20 million during the quarter, compared to the consensus estimate of $509.40 million. Sun Communities had a net margin of 61.86% and a negative return on equity of 0.04%. The firm’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter last year, the firm earned $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. Equities analysts forecast that Sun Communities will post 6.77 EPS for the current year.

Sun Communities Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Wednesday, December 31st were issued a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a yield of 3.1%. The ex-dividend date was Wednesday, December 31st. Sun Communities’s dividend payout ratio is presently 38.73%.

Insider Buying and Selling at Sun Communities

In other news, Director Gary A. Shiffman sold 156,875 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $123.53, for a total value of $19,378,768.75. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.89% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of SUI. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Sun Communities by 1,226.7% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 199 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 184 shares during the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in Sun Communities in the third quarter worth $27,000. Fulcrum Asset Management LLP purchased a new stake in Sun Communities in the third quarter worth $27,000. Elevation Point Wealth Partners LLC bought a new stake in shares of Sun Communities during the second quarter worth $30,000. Finally, Global X Japan Co. Ltd. purchased a new stake in shares of Sun Communities during the fourth quarter valued at $33,000. Hedge funds and other institutional investors own 99.59% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on SUI shares. Royal Bank Of Canada increased their price target on shares of Sun Communities from $142.00 to $143.00 and gave the stock an “outperform” rating in a research note on Thursday, November 6th. Barclays reiterated an “overweight” rating and set a $144.00 price objective on shares of Sun Communities in a research note on Tuesday, January 13th. Wall Street Zen upgraded Sun Communities from a “sell” rating to a “hold” rating in a report on Sunday, November 9th. Truist Financial boosted their price objective on shares of Sun Communities from $141.00 to $142.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Sun Communities in a report on Wednesday, January 21st. Eight analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $139.93.

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.