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Sun Communities, Inc. SUI

Growth Flags show if company had growth for consecutive years

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Get access to target analyst prices, predictions, compound annual growth rates and more than four years of historical data.

Insider Decisions

Total sells
27.75
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy
Sell 1 1 1 1 1 1
Insider Ownership
1.85%

Capital & Financial Ratios

Market Cap
14,000.00
Revenue
2,343.80
Net Income
1,505.20
Free Cash Flow
493.70
Net Debt
3,887.00
Current Ratio
2.52
Debt/Equity
0.70
P/E ratio
0.00
P/S ratio
6.01
P/B ratio
2.44
Past 5Y EPS Growth
(17.06%)
This Y EPS Growth
(142.41%)
Next Y EPS Growth
172.83%
Next 5Y EPS Growth
(29.84%)
in millions of $

Dividends

Payout Ratio
1.96
Annual Dividend Rate
3.72
Annual Dividend Yield
2.97%
total individual payouts
2028 ‡‡‡‡‡
2027 ‡‡‡‡‡
2026 4.47
2025 8.04
2024 3.76
2023 3.72
2022 3.52
2021 3.32
2020 3.16
2019 3.00
2018 2.84
2017 2.68
2016 2.60
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 42.70 57.10 636.10 165.20
Receivables
Inventory
Other
520.50 538.40 1,011.40 486.80
2023 2024 2025 Q'26
Payables 313.70 265.80 228.10 193.30
ST’ Debt
Other
313.70 265.80 228.10 193.30
in millions of $

Compound Annual Growth

10y 5y 3y
Sales ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Cash Flow ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Earnings ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Book Value ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡

Revenue

Mar Jun Sep Dec Year
’26 507.90
’25 470.20 495.90 697.20 642.80
2,306.10
’24 469.20 596.30 680.40 514.60
2,260.50
’23 651.20 863.40 983.30 (213.80)
2,284.10
’22 548.50 814.30 932.60 674.30
2,969.70
’21 442.00 603.90 684.30 542.40
2,272.60
’20 310.30 303.27 400.51 384.22
1,398.30
in millions of $

Operating Cash Flow

Mar Jun Sep Dec Year
’26 269.30 265.90
’25 243.90 256.00 197.80 166.50
864.20
’24 242.50 311.30 189.20 118.00
861.00
’23 194.50 255.40 223.00 117.60
790.50
’22 225.70 306.30 157.80 45.10
734.90
’21 220.50 250.20 185.30 97.60
753.60
’20 118.51 183.51 162.43 78.84
543.30
in millions of $

Free Cash Flow

Mar Jun Sep Dec Year
’26 163.70 203.10
’25 222.40 232.80 70.60 56.30
582.10
’24 186.70 201.80 394.40 51.40
834.30
’23 (91.60) 11.20 21.80 132.30
73.70
’22 67.80 140.30 (51.20) (199.50)
(42.60)
’21 (55.40) (324.90) 802.70 (1,714.20)
(1,291.80)
’20 (26.07) 4.98 (122.78) (1,729.32)
(1,873.20)
in millions of $

EPS

Mar Jun Sep Dec Year
’26 (0.07) (8.08)
’25 (0.34) 10.02 0.07 0.99
10.84
’24 (0.22) 0.42 2.31 (1.77)
0.71
’23 (0.24) 0.72 1.31 (0.65)
(1.72)
’22 0.01 0.61 1.32 0.04
2.00
’21 0.23 0.98 2.00 0.11
3.36
’20 (0.17) 0.61 0.83 0.07
1.34

Target Price Range

High
‡‡‡‡‡
‡‡‡‡‡
Average
‡‡‡‡‡
‡‡‡‡‡
Low
‡‡‡‡‡
‡‡‡‡‡

Recommendation Rating

1.6
1
Buy
2
3
Hold
4
5
Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 117.63 102.74 110.98 109.22
Low Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 210.48 163.83 147.83 137.77
High Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 7,594 6,780 6,590 3,614
Employees
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.39 0.34 0.34 0.64
Revenue/Emp
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2,969.70 2,284.10 2,260.50 2,306.10 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 64.25% 58.09% 57.49% 57.90%
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 308.40 (193.10) (153.10) (228.20) ‡‡‡‡‡
EBT
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 10.38% (8.45%) (6.77%) (9.90%) ‡‡‡ ‡‡‡ ‡‡‡
EBT Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 263.80 (209.10) 107.10 1,430.20 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Net Income
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 576.10 864.00 671.30 507.90
Depreciation
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 24.71 18.51 18.16 18.46 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue/Sh
‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡ ‡‡‡‡ ‡‡‡‡ 2.00 (1.71) 0.71 10.84 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Earnings/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 6.11 6.41 6.92 6.92
Cash Flow/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (6.47) (5.81) (0.21) (2.26) ‡‡‡ ‡‡‡ ‡‡‡
Capex/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.35) 0.60 6.70 4.66
Free CF/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 67.32 60.24 59.86 58.67 ‡‡‡‡‡
Book Value/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 120.20 123.40 124.50 124.90 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Shares
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 70.67 118.88 163.96 11.54 ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
PE Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 5.66 7.32 6.77 6.71 ‡‡‡ ‡‡‡ ‡‡‡
PS Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.08 2.25 2.05 2.11 ‡‡‡ ‡‡‡ ‡‡‡
PB Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 8.02 10.71 10.00 8.30 ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
EV/Sales
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (558.99) 331.91 27.10 32.87
EV/FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 734.90 790.50 861.00 864.20 ‡‡‡ ‡‡‡ ‡‡‡
Op' Cash Flow
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (777.50) (716.80) (26.70) (282.10) ‡‡‡‡‡ ‡‡‡‡‡
Capex
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (42.60) 73.70 834.30 582.10 ‡‡‡‡‡
FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 438.70 206.80 272.60 783.30
Working Cap'
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 7,212.20 7,777.30 7,352.80 4,258.70
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 6,994.50 7,734.60 7,295.70 3,622.60
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 8,091.40 7,433.90 7,452.60 7,328.50
Sh' Equity
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1.58% (1.25%) 0.53% 9.36% ‡‡‡‡‡
ROA
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.28% 0.58% 1.12% 2.76%
ROIC
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3.20% (2.75%) 1.20% 18.42% ‡‡‡‡‡
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

Sun Communities (SUI), a REIT dominating manufactured home communities and RV resorts, has delivered explosive growth—revenue surging 286% from $834 million in 2016 to $3.22 billion in 2024 via bold acquisitions like the 2021 Safanad merger. Yet, this expansion bred volatility: profitability flipped from a $209 million loss in 2023 to a slim $107 million profit in 2024, while shares plunged 30% from 2021 highs of $211 amid soaring rates that hammered REIT leverage. Resilient gross margins at 64.9% and recession-proof demand for affordable housing underscore its moat, but operational digestion and buyer squeeze from high mortgage rates loom as hidden drags.

Cash flows tell a brighter rebound tale—free cash flow swung positive to $652 million in 2024 (up 565% YoY), with debt stabilizing at $7.35 billion and ROE ticking up to 1.2%. Forward metrics scream value: PE crashing to 13x on 2025 EPS forecasts (a 1,337% surge), PS at 4.75x, and EV/FCF at 35x versus historical peaks. Revenue may dip 29% in 2025 before mid-single-digit growth resumes, fueled by millennial demand and potential rate cuts.

SUI’s setup mirrors post-GFC REIT recoveries—positive FCF funds dividends (3-4% yield), with analyst targets implying 7-15% upside from current levels. But watch debt service in a high-rate trap and insider net-selling; for contrarians eyeing undervalued growth beasts, it’s a high-conviction hold with 10-20% total return potential if occupancy snaps back.

Sun Communities, Inc. (SUI) Latest News

News by impact score

Fine-tune

27 Aug

3 www.multifamilydive.com, 11:49 AM
Robert Garechana, former EQR executive, has been named CFO of Sun Communities, Inc. (SUI). New CFO hire may shift financial oversight and investor views at Sun Communities without major trajectory change.

14 Aug

3 , 6:08 AM
Sun Communities inclusion in the S&P MidCap 400 index will attract index fund buying, boost liquidity, and increase institutional investor interest in SUI shares. S&P MidCap 400 inclusion drives passive inflows and visibility but does not alter core operations or long-term strategy.

29 Jul

3 transcript app.moby.co, 6:23 PM
Sun Communities, Inc. held its Q2 2026 earnings call covering quarterly results, operations and outlook. Quarterly earnings updates and guidance typically move sentiment and near-term valuation without altering long-term strategy.

28 Jul

4 transcript , 7:00 PM
Sun Communities Inc (SUI) reported Q2 2026 earnings that surpassed expectations with strong results. Q2 2026 earnings beat with strong performance signals significant positive shift in SUI trajectory and sentiment.

3 transcript www.marketbeat.com, 4:03 PM
Sun Communities reported Q2 revenue growth, higher occupancy in manufactured home and RV communities, updated guidance, and expansion plans during its earnings call. Q2 results and guidance supply financial metrics that can shift near-term investor sentiment and valuation.

27 Jul

3 , 4:34 PM
Sun Communities reported its financial results for the second quarter and first six months of 2026. Quarterly results releases typically move stock prices via disclosed revenue, earnings and operational metrics.

22 May

4 Zacks, 12:38 PM
Sun Communities sold its UK assets for $1.03 billion. The transaction enables refocus on core US markets, strengthens balance sheet through capital reallocation, and may support future investor returns via debt reduction or reinvestment. The $1.03 billion UK asset divestiture marks a major strategic portfolio shift that could materially improve capital allocation and long-term financial flexibility.

21 May

4 GlobeNewswire, 2:33 AM
Sun Communities, Inc. agrees to sell its UK assets for approximately $1.03 billion in an all-cash transaction. Major divestiture of UK assets for $1.03 billion cash infusion will likely reshape capital allocation and strategic focus.

30 Apr

4 Simply Wall St., 11:09 PM
Sun Communities (SUI) reported strong Q1 results and raised guidance, positively reshaping valuation expectations upward. Strong Q1 results and higher guidance indicate significant positive shifts in financial performance and investor sentiment for SUI.

29 Apr

4 GuruFocus.com, 3:07 AM
Sun Communities Inc (SUI) reported strong Q1 2026 results in earnings call, raising full-year guidance amid robust start. Raised guidance reflects stronger expected financial performance and boosts investor sentiment significantly.

28 Apr

3 www.marketbeat.com, 11:12 PM
Sun Communities Q1 earnings call highlights financial results, operational updates, and forward guidance for its manufactured housing and RV communities. Q1 earnings highlights provide moderate insights into financial performance and operations without fundamental trajectory shifts.

27 Apr

3 , 4:13 PM
Sun Communities, Inc. (SUI) reported first quarter 2026 results, detailing financial performance for its manufactured housing and RV communities. Quarterly results release offers insights into financial health and operations, moderately influencing market sentiment and performance outlook.

13 Apr

3 Simply Wall St., 2:09 AM
Sun International insiders bought R13.1 million worth of stock, signaling bullish confidence in the company. Insider buying of R13.1m worth of stock boosts market sentiment and may moderately influence short-term performance.

1 Apr

3 Simply Wall St., 3:10 PM
Investors react to Sun Communities, Inc. (SUI) auditor switch and portfolio simplification strategy amid concerns over financial reporting changes and operational streamlining. Auditor switch introduces moderate uncertainty to financial oversight while portfolio simplification targets efficiency gains.

28 Feb

3 www.marketbeat.com, 9:04 PM
Sun Communities released Q4 earnings call highlights, covering financial performance, operational updates, and future outlook for the manufactured housing and RV communities operator. Q4 earnings highlights influence financial performance and investor sentiment but are balanced by broader market factors.

26 Feb

4 Simply Wall St.Simply Wall St., 10:16 PM
Sun Communities (SUI) investment narrative shifts as 2026 outlook emerges, highlighting evolving prospects for the manufactured housing and RV communities REIT. 2026 outlook shaping signals major strategic shifts likely to alter SUI's long-term trajectory and investor sentiment.

4 app.moby.co, 8:30 AM
Sun Communities, Inc. (SUI) released Q4 2025 earnings call summary detailing financial results, operational updates, manufactured housing and RV community performance, and future outlook. Q4 earnings call summaries reveal financial metrics, guidance, and strategic updates that significantly shape investor expectations and stock trajectory.

25 Feb

4 GuruFocus.com, 6:01 PM
Sun Communities Inc (SUI) reported strong operational momentum in Q4 2025 earnings call highlights. Strong operational momentum from Q4 2025 earnings signals significant positive trajectory for SUI's financial performance and investor sentiment.

24 Feb

4 Zacks, 10:30 PM
Sun Communities (SUI) Q4 earnings key metrics compared to estimates, highlighting performance in revenue, core FFO, occupancy, and NOI against analyst expectations. Q4 earnings metrics versus estimates directly impact financial outlook, investor confidence, and stock trajectory.

4 GlobeNewswire, 4:32 PM
Sun Communities, Inc. (SUI) reported 2025 fourth quarter and full-year results, provided 2026 guidance, and increased its quarterly distribution rate for 2026. Earnings results, positive 2026 guidance, and higher distributions significantly boost investor sentiment and SUI's valuation trajectory.

18 Feb

4 Simply Wall St., 1:09 PM
Sun Communities (SUI) announced an 8% dividend increase and a CFO transition, prompting questions on whether these moves will reshape its capital allocation strategy amid ongoing operational and market challenges. The 8% dividend hike signals financial confidence and attracts income investors, while the CFO shift hints at strategic capital allocation changes that could significantly influence long-term performance and market perception.

17 Feb

4 GlobeNewswire, 4:02 PM
Sun Communities, Inc. (SUI) announces an increase in its distributions. Distribution increase signals strong cash flow confidence and boosts investor sentiment for improved market performance.

4 Feb

3 GlobeNewswire, 4:26 PM
Sun Communities, Inc. announced a transition in its Chief Financial Officer position, with the current CFO, who has been with the company since 2018, set to retire. The company has appointed a new CFO who will assume responsibilities effective immediately. This leadership change is part of Sun Communities' ongoing strategy to enhance its financial operations and support future growth initiatives. Leadership transitions can moderately influence financial performance and operational strategies.

1 Feb

3 Simply Wall St., 3:45 AM
Sun International Limited (JSE:SUI) is being analyzed for its ability to sustain strong returns amid market fluctuations. The company has shown resilience in its financial performance, but challenges such as economic conditions and competition could impact future growth. Investors are keen to understand whether strategic initiatives will continue to drive profitability and shareholder value. Moderate influence on financial performance and competitive positioning is expected due to market dynamics.

17 Jan

4 www.marketbeat.com, 8:21 AM
Sun Communities, Inc. (SUI) is highlighted as a key player in addressing America's affordable housing crisis through its focus on manufactured housing and RV resorts. The company is positioned to benefit from increasing demand for affordable housing options, driven by rising home prices and a growing population. SUI's strategic acquisitions and developments in desirable locations further enhance its market presence. The article emphasizes the importance of affordable housing solutions and suggests that SUI's business model aligns well with current market needs. SUI's focus on affordable housing aligns with significant market demand shifts, likely impacting its future performance positively.

10 Jan

3 , 9:12 PM
Sun Communities, Inc. (SUI) has experienced revenue growth but reported recent net losses, raising questions about its valuation. Analysts are assessing the implications of these financial results on the company's future performance and market position. The mixed financial indicators suggest a need for careful evaluation of SUI's strategic direction and operational efficiency moving forward. Revenue growth alongside net losses indicates a complex financial situation that could moderately influence future performance.

23 Dec

4 transcript www.fool.com, 12:30 PM
Sun Communities, Inc. reported its Q3 2025 earnings, highlighting strong revenue growth and increased occupancy rates across its properties. The company emphasized its strategic initiatives aimed at enhancing operational efficiency and expanding its portfolio. Management provided insights into market trends and future outlook, indicating confidence in sustained performance despite potential economic challenges. Key metrics showed improvements in net income and funds from operations, reflecting effective management and investment strategies. Strong revenue growth and strategic initiatives indicate significant potential for future performance and market positioning.

4 transcript www.fool.com, 12:21 PM
Sun Communities, Inc. reported its Q2 2025 earnings, highlighting strong revenue growth and increased occupancy rates across its properties. The company emphasized its strategic initiatives aimed at enhancing operational efficiency and expanding its portfolio. Management provided insights into future growth opportunities and addressed market challenges, showcasing confidence in sustaining positive performance moving forward. Strong revenue growth and strategic initiatives indicate significant potential for future performance and investor sentiment.

4 transcript www.fool.com, 12:21 PM
Sun Communities, Inc. reported its Q4 2024 earnings, highlighting strong financial performance and growth in revenue. The company emphasized its strategic initiatives and operational efficiencies that contributed to improved margins. Management provided insights into future growth prospects and ongoing projects, indicating confidence in sustaining momentum in the upcoming quarters. The earnings call also addressed market conditions and competitive positioning, reinforcing the company's commitment to enhancing shareholder value. Strong financial performance and strategic initiatives are likely to significantly impact future growth and investor sentiment.

4 transcript www.fool.com, 12:19 PM
Sun Communities, Inc. reported its Q3 2024 earnings, highlighting strong revenue growth and increased occupancy rates across its properties. The company emphasized its strategic initiatives aimed at enhancing operational efficiency and expanding its portfolio. Management expressed optimism about future performance, citing favorable market conditions and ongoing demand for manufactured housing. Key financial metrics showed improvements, reinforcing the company's position in the market. Strong revenue growth and strategic initiatives are likely to significantly impact future performance and investor sentiment.

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