Sun Communities (NYSE: SUI) has recently received a number of price target changes and ratings updates:
- 7/29/2026 – Sun Communities had its “hold (c)” rating reaffirmed by Weiss Ratings.
- 7/29/2026 – Sun Communities had its price target raised by Royal Bank Of Canada from $147.00 to $148.00. They now have an “outperform” rating on the stock.
- 7/22/2026 – Sun Communities was upgraded by Jefferies Financial Group Inc. to “strong-buy”.
- 7/14/2026 – Sun Communities had its price target lowered by Barclays PLC from $147.00 to $146.00. They now have an “overweight” rating on the stock.
- 7/9/2026 – Sun Communities was given a new $135.00 price target by Odeon Capital Group LLC.
- 7/9/2026 – Sun Communities was upgraded by Odeon Capital Group LLC to “strong-buy”.
- 6/30/2026 – Sun Communities had its price target lowered by Mizuho from $143.00 to $137.00. They now have an “outperform” rating on the stock.
- 6/26/2026 – Sun Communities had its price target lowered by Truist Financial Corporation from $141.00 to $138.00. They now have a “buy” rating on the stock.
- 6/26/2026 – Sun Communities was upgraded by Jefferies Financial Group Inc. to “strong-buy”.
- 6/5/2026 – Sun Communities had its price target lowered by Royal Bank Of Canada from $151.00 to $149.00. They now have an “outperform” rating on the stock.
Sun Communities Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $1.12 per share. The ex-dividend date was Tuesday, June 30th. This represents a $4.48 dividend on an annualized basis and a yield of 3.6%. Sun Communities’s dividend payout ratio is -63.19%.
Insider Activity
In other Sun Communities news, EVP Fernando Castro-Caratini sold 23,750 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $124.43, for a total value of $2,955,212.50. Following the sale, the executive vice president owned 9,998 shares of the company’s stock, valued at $1,244,051.14. This trade represents a 70.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Gary A. Shiffman sold 25,031 shares of Sun Communities stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $119.96, for a total value of $3,002,718.76. Following the completion of the transaction, the director owned 857,761 shares of the company’s stock, valued at $102,897,009.56. The trade was a 2.84% decrease in their position. The SEC filing for this sale provides additional information. 1.58% of the stock is owned by corporate insiders.
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.
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