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Sun Communities, Inc. logo

Sun Communities, Inc.

SUI

NYSEReal EstateREIT - Residential

Open in GoAI

Previous close

$121.66

−$0.63 · -0.52%

Aug 21, 4:00 PM ET

SUI company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

78

Undervalued

Momentum

33

Weakening

Sentiment

65

Bullish

Risk resilience

76

Moderate Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Sun Communities, Inc., a Real Estate Investment Trust (REIT), possessed or managed a substantial portfolio of 603 developed manufactured housing, RV, and marina properties as of March 31, 2022. These holdings comprised nearly 159,300 individual developed sites and over 45,700 wet slips and dry storage spaces. Its operational reach spans 39 U.S. states, Canada, Puerto Rico, and the UK.

Industry
REIT - Residential
Sector
Real Estate
Headquarters
US
CEO
Charles D. Young
Listed since
Dec 9, 1993
Employees
3,611

Market position

Day range

Current $121.66

52-week range

Current $121.66

Open
$122.13
Previous close
$122.29
Volume
823.27K
0.57× average
Average volume
1.44M
Average daily volume
Market cap
14.99B USD
Beta
0.77
Market reference 1
50-day average
$121.26
+0.33% above average
200-day average
$125.7
-3.22% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
16.67B USD
P/E (TTM)
-17.21×
P/B (TTM)
2.7×
P/S (TTM)
6.82×
EV / EBITDA
24.38×
Earnings yield
8.88%
Free cash flow yield
5.58%
Dividend yield
3.55%

Profitability & efficiency

Gross margin
53.98%
Operating margin
25.14%
Net margin
-39.28%
Return on equity
19.42%
Return on assets
10.97%
Return on invested capital
-0.06%

Financial health

Debt / equity
0.73×
Current ratio
0.38×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends66%40%13%-13%Gross margin, FY2021: 50.92%Gross margin, FY2022: 48.25%Gross margin, FY2023: 46.96%Gross margin, FY2024: 46.83%Gross margin, FY2025: 9.26%Operating margin, FY2021: 19.78%Operating margin, FY2022: 18.97%Operating margin, FY2023: 17.64%Operating margin, FY2024: 16.33%Operating margin, FY2025: 20.91%Net margin, FY2021: 16.82%Net margin, FY2022: 8.25%Net margin, FY2023: -6.71%Net margin, FY2024: 2.78%Net margin, FY2025: 59.57%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 50.92%. Gross margin FY2022 48.25%. Gross margin FY2023 46.96%. Gross margin FY2024 46.83%. Gross margin FY2025 9.26%. Operating margin FY2021 19.78%. Operating margin FY2022 18.97%. Operating margin FY2023 17.64%. Operating margin FY2024 16.33%. Operating margin FY2025 20.91%. Net margin FY2021 16.82%. Net margin FY2022 8.25%. Net margin FY2023 -6.71%. Net margin FY2024 2.78%. Net margin FY2025 59.57%.

Income trends

Revenue

2.31B USD-27.94%

Operating income

482.2M USD-7.73%

Net income

1.37B USD+1443.60%
Income trends across reported periods3.54B USD2.18B USD810.81M USD−554.67M USDRevenue, FY2021: 2.26B USDRevenue, FY2022: 2.93B USDRevenue, FY2023: 3.18B USDRevenue, FY2024: 3.2B USDRevenue, FY2025: 2.31B USDOperating income, FY2021: 447.1M USDOperating income, FY2022: 556.8M USDOperating income, FY2023: 560.7M USDOperating income, FY2024: 522.6M USDOperating income, FY2025: 482.2M USDNet income, FY2021: 380.2M USDNet income, FY2022: 242M USDNet income, FY2023: −213.3M USDNet income, FY2024: 89M USDNet income, FY2025: 1.37B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.26B USD. Revenue FY2022 2.93B USD. Revenue FY2023 3.18B USD. Revenue FY2024 3.2B USD. Revenue FY2025 2.31B USD. Operating income FY2021 447.1M USD. Operating income FY2022 556.8M USD. Operating income FY2023 560.7M USD. Operating income FY2024 522.6M USD. Operating income FY2025 482.2M USD. Net income FY2021 380.2M USD. Net income FY2022 242M USD. Net income FY2023 −213.3M USD. Net income FY2024 89M USD. Net income FY2025 1.37B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2.31B USD3.2B USD3.18B USD2.93B USD2.26B USD
Cost of goods sold2.09B USD1.7B USD1.69B USD1.52B USD1.11B USD
Gross profit213.5M USD1.5B USD1.49B USD1.42B USD1.15B USD
Selling, general, and administrative236.7M USD295.3M USD272.1M USD257.4M USD181.3M USD
Operating expenses−268.7M USD976M USD932.1M USD859.2M USD704M USD
Interest income48.5M USD20.7M USD45.4M USD35.2M USD12.23M USD
Interest expense224.5M USD350.4M USD329.1M USD234M USD162.8M USD
Depreciation and amortization507.9M USD680.7M USD660M USD601.8M USD522.7M USD
Operating income482.2M USD522.6M USD560.7M USD556.8M USD447.1M USD
Net income1.37B USD89M USD−213.3M USD242M USD380.2M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 7 misses, 0 met estimates
Average EPS surprise
-64.85%
11 comparable reports
Latest EPS result
8.06
Estimate 0.66 · Beat by 1117.52%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates10.966.411.85-2.7Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual -1.76, estimate 0.095, surprise -1952.05%, Miss. Q2 2025, reported May 5, 2025: actual 0.34, estimate 1.18, surprise -71.19%, Miss. Q3 2025, reported Jul 30, 2025: actual 10.02, estimate 1.67, surprise +500.00%, Beat. Q4 2025, reported Oct 29, 2025: actual 0.07, estimate 2.18, surprise -96.79%, Miss. Q1 2026, reported Feb 24, 2026: actual 0.99, estimate 0.391, surprise +153.00%, Beat. Q2 2026, reported Apr 27, 2026: actual -0.07, estimate 0.266, surprise -126.36%, Miss. Q3 2026, reported Jul 27, 2026: actual 8.06, estimate 0.662, surprise +1117.52%, Beat. Q4 2026, reported Oct 28, 2026: actual —, estimate 1.16, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates775.74M663.95M552.15M440.36MQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual 745.9M USD, estimate 722.18M USD, surprise +3.28%, Beat. Q2 2025, reported May 5, 2025: actual 470.2M USD, estimate 556.8M USD, surprise -15.55%, Miss. Q3 2025, reported Jul 30, 2025: actual 623.5M USD, estimate 603.93M USD, surprise +3.24%, Beat. Q4 2025, reported Oct 29, 2025: actual 697.2M USD, estimate 695.13M USD, surprise +0.30%, Beat. Q1 2026, reported Feb 24, 2026: actual 515.2M USD, estimate 504.84M USD, surprise +2.05%, Beat. Q2 2026, reported Apr 27, 2026: actual 507.9M USD, estimate 490.95M USD, surprise +3.45%, Beat. Q3 2026, reported Jul 27, 2026: actual 484.6M USD, estimate 623.4M USD, surprise -22.26%, Miss. Q4 2026, reported Oct 28, 2026: actual —, estimate 578.55M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$139.8

14.91% upside
Past 12 months12-month forecastHigh $150Average $139.8Low $126

Rating distribution

21 ratings
Strong buy00%
Buy1362%
Hold524%
Sell314%
Strong sell00%

SUI peers

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$322.49

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ETFs holding SUI

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Real Estate ETF logoVanguard Real Estate ETFVNQ
Market value
578.87M
Weight
0.79%
AUM
73.1B USD
Expense ratio
0.13%
Price / 1D
$98.50-0.10%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
484.02M
Weight
0.02%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
349.92M
Weight
0.19%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Morningstar Small-Cap Growth ETF logoVanguard Morningstar Small-Cap Growth ETFVBK
Market value
202.35M
Weight
0.45%
AUM
43.8B USD
Expense ratio
0.05%
Price / 1D
$358.65+0.70%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
164.69M
Weight
0.17%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
Schwab U.S. REIT ETF logoSchwab U.S. REIT ETFSCHH
Market value
111.23M
Weight
0.98%
AUM
11.39B USD
Expense ratio
0.07%
Price / 1D
$24.04-0.08%
State Street SPDR S&P MIDCAP 400 ETF Trust logoState Street SPDR S&P MIDCAP 400 ETF TrustMDY
Market value
103.47M
Weight
0.39%
AUM
26.72B USD
Expense ratio
0.23%
Price / 1D
$699.6+0.48%
State Street SPDR Portfolio S&P 400 Mid Cap ETF logoState Street SPDR Portfolio S&P 400 Mid Cap ETFSPMD
Market value
73.51M
Weight
0.39%
AUM
18.77B USD
Expense ratio
0.03%
Price / 1D
$67.27+0.52%

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