A number of firms have modified their ratings and price targets on shares of Sun Communities (NYSE: SUI) recently:
- 7/14/2026 – Sun Communities had its price target lowered by Barclays PLC from $147.00 to $146.00. They now have an “overweight” rating on the stock.
- 7/9/2026 – Sun Communities was given a new $135.00 price target by Odeon Capital Group LLC.
- 7/9/2026 – Sun Communities was upgraded by Odean Cap Resea to “strong-buy”.
- 6/30/2026 – Sun Communities had its price target lowered by Mizuho from $143.00 to $137.00. They now have an “outperform” rating on the stock.
- 6/26/2026 – Sun Communities had its price target lowered by Truist Financial Corporation from $141.00 to $138.00. They now have a “buy” rating on the stock.
- 6/26/2026 – Sun Communities was upgraded by Jefferies Financial Group Inc. to “strong-buy”.
- 6/5/2026 – Sun Communities had its price target lowered by Royal Bank Of Canada from $151.00 to $149.00. They now have an “outperform” rating on the stock.
- 5/29/2026 – Sun Communities had its price target lowered by Wells Fargo & Company from $150.00 to $142.00. They now have an “overweight” rating on the stock.
- 5/22/2026 – Sun Communities had its price target lowered by Barclays PLC from $148.00 to $147.00. They now have an “overweight” rating on the stock.
- 5/22/2026 – Sun Communities was upgraded by Colliers Securities from “neutral” to “buy”. They now have a $150.00 price target on the stock.
Sun Communities Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a dividend of $1.12 per share. The ex-dividend date was Tuesday, June 30th. This represents a $4.48 dividend on an annualized basis and a yield of 3.8%. Sun Communities’s payout ratio is 40.69%.
Insider Transactions at Sun Communities
In other Sun Communities news, EVP Fernando Castro-Caratini sold 23,750 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $124.43, for a total transaction of $2,955,212.50. Following the completion of the sale, the executive vice president directly owned 9,998 shares of the company’s stock, valued at approximately $1,244,051.14. The trade was a 70.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Gary A. Shiffman sold 25,031 shares of the stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $119.96, for a total value of $3,002,718.76. Following the completion of the sale, the director directly owned 857,761 shares of the company’s stock, valued at approximately $102,897,009.56. This trade represents a 2.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.58% of the stock is currently owned by insiders.
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.
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