Sun Communities, Inc.

SUI Real Estate Reit Residential

In the quarter to June 2026, revenue grew 8.02%, EPS fell 180.4%, free cash flow fell 12.8% and total debt fell 5.40%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.

118.08 2.17 +1.87%
Market cap
$14.1B
P/E
0.0×
Fwd P/E
54.0×
Dividend yield
3.73%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total sells 27.75
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 1 1 — 1 1 — 1 1 — — — —
Insider Ownership 1.84%

Capital & Financial Ratios $m

Market Cap 14,120.00
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
Fwd P/E 54.00 (above 35: high)
P/S ratio 6.18
P/B ratio 2.51
Past 5Y EPS Growth 51.91% (at or above 15%: strong)
This Y EPS Growth (156.06%) (below 0%: weak)
Next Y EPS Growth 155.20% (at or above 15%: strong)
Next Y revenue growth (11.54%) (below 0%: weak)
Next 5Y EPS Growth (29.84%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 16.55%
10-year low 10-year high
P/B against its own 10 years 55.18%
10-year low 10-year high
EV/Sales against its own 10 years 7.96%
10-year low 10-year high
EV/FCF against its own 10 years 59.24%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate 4.40
Annual Dividend Yield 3.73%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 4.47
1.12
1.12
1.12
2025 8.04
0.94
4.00
1.04
1.04
1.04
2024 3.76
0.94
0.94
0.94
0.94
2023 3.72
0.93
0.93
0.93
0.93
2022 3.52
0.88
0.88
0.88
0.88
2021 3.32
0.83
0.83
0.83
0.83
2020 3.16
0.79
0.79
0.79
0.79
2019 3.00
0.75
0.75
0.75
0.75
2018 2.84
0.71
0.71
0.71
0.71
2017 2.68
0.67
0.67
0.67
0.67
2016 2.60
0.65
0.65
0.65
0.65
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 43 57 636 165
Receivables — — — —
Inventory — — — —
Other — — — —
521 538 1,011 487
2023 2024 2025 Q'26
Payables 314 266 228 193
ST’ Debt — — — —
Other — — — —
314 266 228 193

Compound Annual Growth %

10y 5y 3y
Sales 13.08% 10.52% (8.08%)
Cash Flow 16.84% 9.73% 5.55%
Earnings 25.78% 59.56% 77.84%
Book Value 16.91% 4.46% (3.25%)

Revenue $m

Mar Jun Sep Dec Year
’26 508 — — — —
’25 470 496 697 643 2,306
’24 469 596 680 515 2,261
’23 651 863 983 — 2,284
’22 549 814 933 674 2,970
’21 442 604 684 542 2,273
’20 310 303 401 384 1,398
Fiscal quarters ending in the months shown.
value withheld pending a data check

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 269 266 — — —
’25 244 256 198 167 864
’24 243 311 189 118 861
’23 195 255 223 118 791
’22 226 306 158 45 735
’21 221 250 185 98 754
’20 119 184 162 79 543
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 164 203 — — —
’25 222 233 71 56 582
’24 187 202 394 51 834
’23 (92) 11 22 132 74
’22 68 140 (51) (199) (43)
’21 (55) (325) 803 (1,714) (1,292)
’20 (26) 5 (123) (1,729) (1,873)
Fiscal quarters ending in the months shown.

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 (0.38) (1.68) 1.10 (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
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 62.58 75.76 80.12 97.49 95.34 137.43 117.63 102.74 110.98 109.22

Analyst estimates 2026–2028

Powerpack
High 85.98 96.08 108.91 166.32 173.98 211.79 210.48 163.83 147.83 137.77
People
People Employees 2,679 2,727 2,784 3,146 4,872 5,961 7,594 6,780 6,590 3,614
Revenue/emp, $m 0.31 0.36 0.40 0.40 0.29 0.38 0.39 0.34 0.34 0.64
Income, $m
Income, $m Revenue 834 983 1,127 1,264 1,398 2,273 2,970 2,284 2,261 2,306
Gross margin, % 61.34 61.34 61.02 60.12 60.24 64.74 64.25 58.09 57.49 57.90
EBT 36 73 130 140 136 285 308 (193) (153) (228)
EBT margin, % 4.31 7.40 11.50 11.06 9.70 12.53 10.38 (8.45) (6.77) (9.90)
Net income 31 82 120 177 147 414 264 (209) 107 1,430
Depreciation 204 245 266 305 367 509 576 864 671 508
Per share, $
Per share, $ Revenue 12.66 12.91 13.85 14.29 14.34 20.18 24.71 18.51 18.16 18.46
Earnings 0.27 0.85 1.29 1.80 1.34 3.36 2.00 (1.71) 0.71 10.84
Cash flow 3.67 3.39 4.46 5.39 5.57 6.69 6.11 6.41 6.92 6.92
Capex (24.56) (5.26) (4.10) (11.09) (24.78) (18.17) (6.47) (5.81) (0.21) (2.26)
Free cash flow (20.90) (1.87) 0.36 (5.70) (19.21) (11.47) (0.35) 0.60 6.70 4.66
Book value 36.63 35.44 39.58 43.82 60.43 62.34 67.32 60.24 59.86 58.67
Shares, m 66 76 81 88 98 113 120 123 125 125
Valuation, ×
Valuation, × P/E 281.96 107.88 78.24 83.39 113.40 63.24 70.67 0.00 163.96 11.54
P/S 6.01 7.10 7.35 10.50 10.60 10.40 5.66 7.32 6.77 6.71
P/B 2.12 2.62 2.60 3.43 2.51 3.37 2.08 2.25 2.05 2.11
EV/Sales 9.68 10.18 9.96 13.06 13.84 12.78 8.01 10.71 10.00 8.29
EV/FCF (5.86) (70.28) 379.38 (32.77) (10.33) (22.49) (558.64) 331.86 27.10 32.86
Cash, $m
Cash, $m Operating cash flow 241 258 363 477 543 754 735 791 861 864
Capex (1,618) (400) (334) (981) (2,416) (2,045) (777) (717) (27) (282)
Free cash flow (1,376) (142) 30 (504) (1,873) (1,292) (43) 74 834 582
Balance, $m
Balance, $m Working capital 233 302 272 160 291 497 439 207 273 783
Total debt 3,064 3,038 3,052 3,364 4,757 5,672 7,197 7,777 7,353 4,259
Net debt 3,056 3,028 2,940 3,235 4,540 5,407 6,980 7,735 7,296 3,623
Shareholders’ equity 2,412 2,696 3,221 3,876 5,892 7,020 8,091 7,434 7,453 7,329
Returns, %
Returns, % ROA 0.35 1.09 1.65 2.21 1.38 3.08 1.58 (1.25) 0.53 9.36
ROIC 1.82 2.28 2.69 2.59 1.64 2.29 2.28 0.58 1.12 2.76
ROE 0.89 2.59 3.60 4.54 2.69 5.89 3.20 (2.75) 1.20 18.42
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Mar 2026

Charts ten years each

Sun Communities, Inc. vs peers in Reit Residential (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
VMRK Vivmark Residential $47.3B 26.5× 49.7× +2.11% (above 0%: growing) −41.18% (below 0%: shrinking) +298.73% (above 0%: growing) 61.38% 25.75% Compare
ESS Essex Property Trust, Inc. $17.9B 41.9× 47.4× +4.09% (above 0%: growing) −71.80% (below 0%: shrinking) +21.02% (above 0%: growing) 68.42% 22.36% Compare
UDR United Dominion Realty Trust, Inc. $17.9B 21.7× 46.5× 0.00% +90.91% (above 0%: growing) −27.77% (below 0%: shrinking) 62.41% 27.23% Compare
INVH Invitation Home $15.8B 24.8× 39.7× +9.71% (above 0%: growing) +60.87% (above 0%: growing) +41.97% (above 0%: growing) 55.10% 24.62% Compare
SUI Sun Communities, Inc. $14.1B — (loss-making) 54.0× +8.02% (above 0%: growing) n/m −12.76% (below 0%: shrinking) 55.40% 12.25%
MAA Mid-America Apartment Communities, Inc. $13.8B 34.1× 40.5× +0.95% (above 0%: growing) +13.04% (above 0%: growing) −3.86% (below 0%: shrinking) 57.37% 25.36% Compare
CPT Camden Property Trust $13.3B 32.7× 102× −0.90% (below 0%: shrinking) −75.68% (below 0%: shrinking) −1,195.62% (below 0%: shrinking) 64.13% 12.20% Compare
ELS Equity Lifestyle Properties, Inc. $12.1B 29.4× 30.8× +5.56% (above 0%: growing) +19.05% (above 0%: growing) +14.74% (above 0%: growing) 51.52% 32.00% Compare
AMH American Homes 4 Rent $11.1B 24.8× 44.5× +2.75% (above 0%: growing) +10.71% (above 0%: growing) +24.76% (above 0%: growing) 58.35% 25.92% Compare
Median of peers $14.8B 28.0× 45.5× +2.43% +11.88% +17.88% 59.87% 25.56%

All 19 Reit Residential stocks →

Sun Communities, Inc. (SUI) key facts

  • Sun Communities, Inc. (SUI) is a Reit Residential company in the Real Estate sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, SUI traded at $118.08, a market capitalization of $14.1 billion.
  • Sun Communities, Inc. pays an annual dividend of $4.40 per share, a yield of 3.73%.
  • Return on equity was 18.4% and debt-to-equity 0.70.
  • Its Piotroski F-score is 7 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Sun Communities, Inc. (SUI) Latest News

23 Dec

Impact 4 · transcript
Impact 4 · transcript
Impact 4 · transcript
Impact 4 · transcript
stockrow.com/SUI · Data as of Mar 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com