SUI Stock Analysis: Sun Communities | NYSE

Manufactured Housing, RV Resorts, Residential Properties, Property Management

Total Rating 33

Safety 59

Buy Signal -0.81

REIT - Residential
Industry Rotation: +2.6

Market Cap: 14.4B
Avg Turnover: 130M

Risk 3d forecast

Volatility22.4%

VaR 5^th Pctl3.87%

VaR vs Median4.85%

Choppyness68.3%

Reward TTM

Sharpe Ratio-0.32

Rel. Str. IBD28.2

Rel. Str. Peer Group40.6

Character TTM

Beta-0.152

Beta Downside-0.237

Hurst Exponent0.428

Drawdowns 3y

Max DD20.62%

CAGR/Max DD0.34

CAGR/Mean DD0.82

EPS (Earnings per Share)

EPS CAGR: 47.51%
EPS Trend: 59.1%

Last SUE: 0.19
Qual. Beats: 0

Revenue

Rev. CAGR: -12.77%
Rev. Trend: -92.1%

Last SUE: -2.30
Qual. Beats: -1

Warnings

P/E Ratio 86.4

Altman Z'' In Financial Distress Zone

Below Avwap Earnings

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 11.7 years of data

Jan -0.0% 5

Feb +1.7% 18

Mar -1.2% 20

Apr +0.3% 2

May -0.0% 7

Jun +0.2% 19

Jul +1.1% 30

Aug -1.2% 8

Sep -2.9% 41

Oct -1.8% 15

Nov -0.0% 2

Dec -0.4% 0

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: SUI Sun Communities

>Sun Communities, Inc. is a fully integrated real estate investment trust (REIT) that has been publicly traded on the NYSE under the ticker SUI since its December 1993 IPO. The company owns, operates, and has interests in manufactured housing (MH) and RV properties, with a North American portfolio of 455 developed properties covering approximately 156,130 sites across the U.S. and Canada as of June 30, 2026. Its 54 U.K. properties, comprising roughly 22,030 developed sites, were classified as discontinued operations at that date. The company was incorporated in Maryland in 1975 and is headquartered in Southfield, Michigan.

As a single-family residential REIT, Sun Communities operates within a niche of the real estate sector focused on affordable housing alternatives, including manufactured homes and recreational vehicle communities, which typically generate recurring rental income from site leases. REITs of this type are generally required to distribute the majority of their taxable income to shareholders in the form of dividends.

Headlines to Watch Out For

UK portfolio classified as discontinued operations ahead of divestiture
Housing affordability crisis boosts manufactured housing occupancy and rent growth
Interest rate sensitivity pressures REIT cap rates and capital costs

Piotroski VR-10 (Strict) 4.0

Net Income: -863.2m TTM > 0 and > 6% of Revenue
FCF/TA: 0.08 > 0.02 and ΔFCF/TA 1.41 > 1.0
NWC/Revenue: 67.17% < 20% (prev 51.23%; Δ 15.94% < -1%)
CFO/TA 0.08 > 3% & CFO 896.4m > Net Income -863.2m
Net Debt (3.89b) to EBITDA (1.27b): 3.06 < 3
Current Ratio: 3.77 > 1.5 & < 3
Outstanding Shares: last quarter (127.4m) vs 12m ago 0.71% < -2%
Gross Margin: 53.98% > 18% (prev 48.94%; Δ 5.04% > 0.5%)
Asset Turnover: 18.14% > 50% (prev 20.56%; Δ -2.43% > 0%)
Interest Coverage Ratio: 2.53 > 6 (EBIT TTM 390.3m / Interest Expense TTM 154.5m)

Altman Z'' 1.05

A: 0.14 (Total Current Assets 2.01b - Total Current Liabilities 533.1m) / Total Assets 10.9b
B: -0.37 (Retained Earnings -3.97b / Total Assets 10.9b)
C: 0.03 (EBIT TTM 390.3m / Avg Total Assets 12.1b)
D: 1.08 (Book Value of Equity 5.52b / Total Liabilities 5.09b)
Altman-Z'' = 1.05 = BB

Beneish M -3.21

DSRI: 1.03 (Receivables 321.6m/392.3m, Revenue 2.20b/2.75b)
GMI: 0.91 (GM 48.94% / 53.98%)
AQI: 1.07 (AQ_t 0.03 / AQ_t-1 0.03)
SGI: 0.80 (Revenue 2.20b / 2.75b)
TATA: -0.16 (NI -863.2m - CFO 896.4m) / TA 10.9b)
Beneish M = -3.21 (Cap -4..+1) = AA

What is the price of SUI shares?

As of October 15, 2026, the stock is trading at USD 114.24 with a total of 825,723 shares traded. Over the past week, the price has changed by +3.11%, over one month by -2.24%, over three months by -3.66% and over the past year by -3.79%.

Current recommended Stop Loss: 108.50 (which is 5% or 2.8 ATR below the current price).

Is SUI a buy, sell or hold?

Sun Communities has received a consensus analysts rating of 4.21. Therefore, it is recommended to buy SUI.

StrongBuy: 9
Buy: 5
Hold: 5
Sell: 0
StrongSell: 0

What are the forecasts/targets for the SUI price?

Analysts Target Price	137.8	20.6%

Sun Communities (SUI) - Fundamental Data Overview as of 13 October 2026

Market Cap USD = 14.4b (14.4b USD * 1.0 USD.USD)
P/E Trailing = 86.3636
P/E Forward = 33.7838
P/S = 6.1776
P/B = 2.5107
P/EG = 8.1554
Revenue TTM = 2.20b USD
EBIT TTM = 390.3m USD
EBITDA TTM = 1.27b USD
Long Term Debt = 4.05b USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 4.05b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.89b USD (calculated: Debt 4.05b - CCE 165.2m)
Enterprise Value = 18.3b USD (14.4b + Debt 4.05b - CCE 165.2m)
Interest Coverage Ratio = 2.53 (Ebit TTM 390.3m / Interest Expense TTM 154.5m)
EV/FCF = 22.03x (Enterprise Value 18.3b / FCF TTM 830.4m)
FCF Yield = 4.54% (FCF TTM 830.4m / Enterprise Value 18.3b)
FCF Margin = 37.79% (FCF TTM 830.4m / Revenue TTM 2.20b)
Net Margin = -39.28% (Net Income TTM -863.2m / Revenue TTM 2.20b)
Gross Margin = 53.98% ((Revenue TTM 2.20b - Cost of Revenue TTM 1.01b) / Revenue TTM)
Gross Margin QoQ = 63.62% (prev 51.41%)
Tobins Q-Ratio = 1.68 (Enterprise Value 18.3b / Total Assets 10.9b)
Interest Expense / Debt = 3.81% (Interest Expense 154.5m / Debt 4.05b)
Taxrate = 24.30% (41.9m / 172.4m)
NOPAT = 295.4m (EBIT 390.3m * (1 - 24.30%))
Current Ratio = 3.77 (Total Current Assets 2.01b / Total Current Liabilities 533.1m)
Debt / Equity = 0.73 (Debt 4.05b / totalStockholderEquity, last quarter 5.52b)
Debt / EBITDA = 3.06 (Net Debt 3.89b / EBITDA 1.27b)
Debt / FCF = 4.68 (Net Debt 3.89b / FCF TTM 830.4m)
Total Stockholder Equity = 6.60b (last 4 quarters mean from totalStockholderEquity)
RoA = -7.13% (Net Income -863.2m / Total Assets 10.9b)
RoE = -13.07% (Net Income TTM -863.2m / Total Stockholder Equity 6.60b)
RoCE = 3.66% (EBIT 390.3m / Capital Employed (Equity 6.60b + L.T.Debt 4.05b))
RoIC = 2.89% (NOPAT 295.4m / Invested Capital 10.2b)
WACC = 4.89% (E(14.4b)/V(18.5b) * Re(5.45%) + D(4.05b)/V(18.5b) * Rd(3.81%) * (1-Tc(0.24)))
Discount Rate = 5.45% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -3.54 | Cagr: 0.28%
[DCF] Terminal Value 75.41% ; FCFF base≈831.1m ; Y1≈833.1m ; Y5≈879.5m
[DCF] Fair Price = 80.44 (EV 13.7b - Net Debt 3.89b = Equity 9.80b / Shares 121.8m; r=8.35% [WACC [floored]]; 5y FCF grow -0.20% → 2.50% )
EPS Correlation: 59.11 | EPS CAGR: 47.51% | SUE: 0.19 | # QB: 0
Revenue Correlation: -92.14 | Revenue CAGR: -12.77% | SUE: -2.30 | # QB: -1
EPS current Quarter (2026-09-30): EPS=0.97 | Chg30d=-3.37% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=2.33 | Chg30d=+0.00% | Revisions=+40% | GrowthEPS=-43.1% | GrowthRev=-11.5%
EPS next Year (2027-12-31): EPS=3.20 | Chg30d=+2.51% | Revisions=+40% | GrowthEPS=+37.3% | GrowthRev=+2.1%
[Analyst] Revisions Ratio: +38% (up=4, down=1)