Sun Communities, Inc. became a publicly owned corporation in December 1993. The Company is a fully integrated REIT listed on the New York Stock Exchange under the symbol: SUI. As of June 30, 2026, the Company owned, operated, or had an interest in a portfolio of 455 developed MH and RV properties comprising approximately 156,130 developed sites in the U.S. and Canada. At that date, the Company also owned, operated, or held an interest in a portfolio of 54 U.K. properties comprising approximately 22,030 developed sites, which were classified within discontinued operations as of June 30, 2026. Sun Communities, Inc. was incorporated in 1975 in Maryland and is based in Southfield, Michigan.
Country
Sector
Themes
Also in
Price· split & dividend adjusted
No price history for this asset yet.
News & notes movingSUI
SUI▲
Sun Communities to Join S&P MidCap 400 Index
Sun Communities Inc. will replace Webster Financial Corp. in the S&P MidCap 400 index before the market opens on August 20, 2026, following Banco Santander S.A.'s acquisition of Webster. The inclusion is expected to increase Sun Communities' visibility and index-related ownership among institutional and passive investors. The company also has a new US$1,000 million share repurchase authorization running through May 2027. However, the index change does not alter near-term focus on stabilizing earnings after recent losses, expense inflation, and exposure to specific Sunbelt markets. Simply Wall St projects Sun Communities' revenue to reach $2.5 billion and earnings of $383.9 million by 2029, implying a fair value of $142.00 per share, an 18% upside to its current price.
Reddit shares jump on S&P 500 entry; SUI joins MidCap 400
Reddit will replace AvalonBay Communities in the S&P 500 effective prior to the opening of trading on Tuesday, August 18, sending Reddit shares up about 13% in post-market trading on Wednesday. S&P 500 constituent Equity Residential is acquiring AvalonBay Communities in a deal expected to be completed soon, pending final conditions, and the combined company will be renamed Vivmark Residential and remain in the S&P 500. Additionally, Sun Communities will replace Webster Financial in the S&P MidCap 400 effective prior to the opening of trading on Thursday, August 20, as Banco Santander S.A. acquires Webster Financial in a deal expected to be completed soon pending final conditions.
Sun Communities raises 2026 core FFO midpoint to $7.02 while UK sale targets year-end close
Sun Communities raised its full-year 2026 core FFO per share guidance midpoint to $7.02, up from the prior $6.97, while confirming the sale of its UK business remains on track to close by the end of the year. The updated outlook assumes a full-year contribution from UK operations and does not reflect any impacts from the pending divestiture. Second-quarter core FFO per share reached $1.84, exceeding the high end of guidance, driven by strength in the Manufactured Housing portfolio. North American same-property net operating income for manufactured housing and RV combined rose 6%, with manufactured housing same-property NOI up 8.8% and occupancy above 98%. The company also announced a new $1 billion share repurchase program and disclosed year-to-date buybacks of approximately $260 million, with about $800 million remaining under the current authorization.
Welltower, Cadence, Nucor Among 12 Companies Set to Report After-Hours Earnings on July 27
Twelve companies are scheduled to report quarterly earnings after the market closes on July 27, 2026. Welltower Inc. is expected to post earnings per share of $1.55, a 21.09% increase from the prior year, while Cadence Design Systems has a consensus forecast of $1.62, up 32.79%. Nucor Corporation is projected to report $4.57 per share, a 75.77% jump, and Celestica Inc. is seen earning $2.12, a 68.25% rise. Other notable reports include Cincinnati Financial with a forecast of $1.82, down 7.61%, and Amkor Technology at $0.47, more than doubling from last year. The full list also features Principal Financial Group, Brown & Brown, F5 Inc., Sun Communities, UDR Inc., and TFI International.
Sun Communities price targets cut by Truist, RBC, Wells Fargo after UK sale
Sun Communities has seen its price target lowered by multiple analysts following the announced sale of its UK portfolio. Truist cut its target to $138 from $141 while maintaining a Buy rating, and reduced its fiscal 2027 funds from operations estimate to $7.15 from $7.43. RBC Capital lowered its target to $149 from $151 with an Outperform rating, and Wells Fargo reduced its target to $142 from $150 while keeping an Overweight rating, calling the UK exit a key step in its multiple expansion thesis.
Sun Communities Appoints Ileana McAlary as General Counsel
Sun Communities has appointed Ileana McAlary as General Counsel, Executive Vice President, and Secretary, effective June 29, 2026. McAlary joins from SpartanNash, where she served as Executive Vice President, Chief Legal and Compliance Officer, and Corporate Secretary. She brings experience in strategic counsel, mergers and acquisitions, and public company governance. Sun Communities is a real estate investment trust that owned or had an interest in 515 developed properties with approximately 179,300 developed sites as of March 31, 2026.