Barclays Raises Sun Communities (NYSE:SUI) Price Target to $148.00

Sun Communities (NYSE:SUI) had its price target boosted by investment analysts at Barclays from $144.00 to $148.00 in a report issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the real estate investment trust’s stock. Barclays‘s price target suggests a potential upside of 8.56% from the company’s previous close.

A number of other research firms have also commented on SUI. Royal Bank Of Canada raised their price target on Sun Communities from $142.00 to $143.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. Wells Fargo & Company upgraded shares of Sun Communities from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $133.00 to $150.00 in a report on Friday, February 27th. Morgan Stanley cut their price target on shares of Sun Communities from $139.00 to $135.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 25th. Citigroup increased their price objective on shares of Sun Communities from $150.00 to $155.00 and gave the stock a “buy” rating in a research report on Monday. Finally, UBS Group boosted their price objective on shares of Sun Communities from $126.00 to $127.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Eight investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $140.86.

Sun Communities Price Performance

Shares of SUI stock traded down $0.36 during trading hours on Friday, hitting $136.33. 59,927 shares of the company’s stock were exchanged, compared to its average volume of 822,048. Sun Communities has a 52 week low of $109.22 and a 52 week high of $137.85. The stock has a market cap of $16.79 billion, a price-to-earnings ratio of 12.69, a price-to-earnings-growth ratio of 4.52 and a beta of 0.88. 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’s 50-day moving average is $127.95 and its 200-day moving average is $126.75.

Sun Communities (NYSE:SUI) last released its quarterly earnings results 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. Sun Communities had a net margin of 61.86% and a negative return on equity of 0.04%. The business had revenue of $515.20 million for the quarter, compared to analysts’ expectations of $509.40 million. During the same period in the prior year, the firm earned $1.41 earnings per share. Sun Communities’s revenue was up .1% compared to the same quarter last year. 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, research analysts forecast that Sun Communities will post 6.77 EPS for the current year.

Insider Activity

In related news, Director Gary A. Shiffman sold 156,875 shares of the company’s stock in a transaction dated 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 document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.77% of the company’s stock.

Institutional Trading of Sun Communities

Several institutional investors and hedge funds have recently bought and sold shares of the business. CoreCap Advisors LLC raised its stake in Sun Communities by 3.8% in the 4th quarter. CoreCap Advisors LLC now owns 2,228 shares of the real estate investment trust’s stock valued at $276,000 after acquiring an additional 82 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Sun Communities by 9.1% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,003 shares of the real estate investment trust’s stock valued at $127,000 after purchasing an additional 84 shares during the period. IFP Advisors Inc lifted its stake in shares of Sun Communities by 3.2% during the 4th quarter. IFP Advisors Inc now owns 2,902 shares of the real estate investment trust’s stock worth $360,000 after buying an additional 89 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Sun Communities by 13.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 773 shares of the real estate investment trust’s stock worth $96,000 after buying an additional 90 shares during the period. Finally, Assetmark Inc. grew its stake in Sun Communities by 55.7% in the 3rd quarter. Assetmark Inc. now owns 271 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 97 shares during the last quarter. Institutional investors own 99.59% of the company’s stock.

Sun Communities Company Profile

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.