(SUI) Sun Communities - Overview
Sector: Real Estate | Industry: REIT - Residential | Exchange: NYSE (USA) | Market Cap: 16.526m USD | Total Return: 13.8% in 12m
Manufactured Homes, Rv Resorts, Marina Berths, Acquisitions
Total Rating 44
Safety 67
Buy Signal 0.03
REIT - Residential
Industry Rotation: -2.7
Industry Rotation: -2.7
Market Cap:
16.5B
Avg Turnover: 102M USD
Avg Turnover: 102M USD
ATR:
2.11%
Peers RS (IBD): 72.5
Peers RS (IBD): 72.5
Risk 5d forecast
Volatility22.6%
Rel. Tail Risk-2.49%
Reward TTM
Sharpe Ratio0.31
Alpha-4.12
Character TTM
Beta0.208
Beta Downside0.245
Drawdowns 3y
Max DD26.48%
CAGR/Max DD0.02
EPS (Earnings per Share)
EPS CAGR: 252.32%
EPS Trend: 22.3%
EPS Trend: 22.3%
Last SUE: 0.22
Qual. Beats: 0
Qual. Beats: 0
Revenue
Rev. CAGR: -1.66%
Rev. Trend: -29.2%
Rev. Trend: -29.2%
Last SUE: 0.20
Qual. Beats: 0
Qual. Beats: 0
Warnings
High Debt/EBITDA (5.1) with thin interest coverage (0.9)
Interest Coverage Ratio 0.9 is critical
Altman Z'' -2.10 < 1.0 - financial distress zone
Tailwinds
No distinct edge detected
Description: SUI Sun Communities
Sun Communities, Inc. (NYSE: SUI) is a publicly traded REIT that, as of September 30 2025, owned, operated, or held interests in 501 developed properties encompassing roughly 174,680 manufactured-home and RV sites across the United States, Canada, and the United Kingdom.
For the most recent quarter, SUI reported an occupancy rate of 96.2%, a 5% year-over-year increase in funds from operations (FFO) to $0.84 per share, and a dividend yield hovering around 5.1%, reflecting its strong cash-flow generation and commitment to shareholder returns.
Key drivers for the single-family residential REIT sector include a persistent housing affordability gap, a growing preference for affordable, community-oriented living among Millennials and Gen Z, and a relatively low-interest-rate environment that supports both tenant demand and the company’s ability to finance new acquisitions.
If you’d like to dig deeper into the valuation metrics and competitive positioning of SUI, a quick look at ValueRay’s analysis could be a useful next step.
- Manufactured housing demand impacts occupancy rates
- RV resort travel trends influence rental income
- Interest rate changes affect property acquisition costs
- Economic downturns reduce discretionary consumer spending
Piotroski VR‑10 (Strict)
5.0
| Net Income: 1.37b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 1.53 > 1.0 |
| NWC/Revenue: -82.70% < 20% (prev -48.29%; Δ -34.40% < -1%) |
| CFO/TA 0.07 > 3% & CFO 864.2m > Net Income 1.37b |
| Net Debt (3.63b) to EBITDA (707.6m): 5.14 < 3 |
| Current Ratio: 0.38 > 1.5 & < 3 |
| Outstanding Shares: last quarter (123.1m) vs 12m ago -5.06% < -2% |
| Gross Margin: 51.22% > 18% (prev 0.48%; Δ 5.07k% > 0.5%) |
| Asset Turnover: 15.72% > 50% (prev 18.12%; Δ -2.40% > 0%) |
| Interest Coverage Ratio: 0.93 > 6 (EBITDA TTM 707.6m / Interest Expense TTM 218.3m) |
Altman Z''
-2.10
| A: -0.15 (Total Current Assets 1.15b - Total Current Liabilities 3.04b) / Total Assets 12.52b |
| B: -0.21 (Retained Earnings -2.63b / Total Assets 12.52b) |
| C: 0.01 (EBIT TTM 202.0m / Avg Total Assets 14.54b) |
| D: -0.49 (Book Value of Equity -2.61b / Total Liabilities 5.33b) |
| Altman-Z'' Score: -2.10 = D |
What is the price of SUI shares?
As of April 08, 2026, the stock is trading at USD 126.94 with a total of 381,253 shares traded.
Over the past week, the price has changed by +0.78%, over one month by -5.44%, over three months by +4.33% and over the past year by +13.76%.
Over the past week, the price has changed by +0.78%, over one month by -5.44%, over three months by +4.33% and over the past year by +13.76%.
Is SUI a buy, sell or hold?
Sun Communities has received a consensus analysts rating of 3.80.
Therefor, it is recommend to hold SUI.
- StrongBuy: 4
- Buy: 5
- Hold: 5
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the SUI price?
| Analysts Target Price | 143.4 | 13% |
Sun Communities (SUI) - Fundamental Data Overview
as of 04 April 2026
P/E Forward = 54.3478 P/S = 7.1898
P/B = 2.2566
P/EG = 8.1554
Revenue TTM = 2.29b USD
EBIT TTM = 202.0m USD
EBITDA TTM = 707.6m USD
Long Term Debt = 4.26b USD (from longTermDebt, last quarter)
Short Term Debt = 12.3m USD (from shortTermDebt, two quarters ago)
Debt = 4.27b USD (corrected: LT Debt 4.26b + ST Debt 12.3m)
Net Debt = 3.63b USD (recalculated: Debt 4.27b - CCE 636.1m)
Enterprise Value = 20.16b USD (16.53b + Debt 4.27b - CCE 636.1m)
Interest Coverage Ratio = 0.93 (Ebit TTM 202.0m / Interest Expense TTM 218.3m)
EV/FCF = 23.33x (Enterprise Value 20.16b / FCF TTM 864.2m)
FCF Yield = 4.29% (FCF TTM 864.2m / Enterprise Value 20.16b)
FCF Margin = 37.82% (FCF TTM 864.2m / Revenue TTM 2.29b)
Net Margin = 59.84% (Net Income TTM 1.37b / Revenue TTM 2.29b)
Gross Margin = 51.22% ((Revenue TTM 2.29b - Cost of Revenue TTM 1.11b) / Revenue TTM)
Gross Margin QoQ = 69.27% (prev 37.82%)
Tobins Q-Ratio = 1.61 (Enterprise Value 20.16b / Total Assets 12.52b)
Interest Expense / Debt = 0.85% (Interest Expense 36.5m / Debt 4.27b)
Taxrate = 20.85% (31.5m / 151.1m)
NOPAT = 159.9m (EBIT 202.0m * (1 - 20.85%))
Current Ratio = 0.38 (Total Current Assets 1.15b / Total Current Liabilities 3.04b)
Debt / Equity = 0.60 (Debt 4.27b / totalStockholderEquity, last quarter 7.07b)
Debt / EBITDA = 5.14 (Net Debt 3.63b / EBITDA 707.6m)
Debt / FCF = 4.21 (Net Debt 3.63b / FCF TTM 864.2m)
Total Stockholder Equity = 7.10b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.41% (Net Income 1.37b / Total Assets 12.52b)
RoE = 19.27% (Net Income TTM 1.37b / Total Stockholder Equity 7.10b)
RoCE = 1.78% (EBIT 202.0m / Capital Employed (Equity 7.10b + L.T.Debt 4.26b))
RoIC = 1.32% (NOPAT 159.9m / Invested Capital 12.11b)
WACC = 5.47% (E(16.53b)/V(20.80b) * Re(6.71%) + D(4.27b)/V(20.80b) * Rd(0.85%) * (1-Tc(0.21)))
Discount Rate = 6.71% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: -33.33 | Cagr: -0.15%
[DCF] Terminal Value 86.51% ; FCFF base≈874.0m ; Y1≈889.1m ; Y5≈975.9m
[DCF] Fair Price = 205.4 (EV 28.94b - Net Debt 3.63b = Equity 25.31b / Shares 123.2m; r=6.0% [WACC]; 5y FCF grow 1.47% → 3.0% )
EPS Correlation: 22.35 | EPS CAGR: 252.3% | SUE: 0.22 | # QB: 0
Revenue Correlation: -29.25 | Revenue CAGR: -1.66% | SUE: 0.20 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.54 | Chg7d=+0.090 | Chg30d=+0.090 | Revisions Net=-1 | Analysts=2
EPS current Year (2026-12-31): EPS=2.43 | Chg7d=-0.057 | Chg30d=-0.345 | Revisions Net=-1 | Growth EPS=-40.7% | Growth Revenue=+2.1%
EPS next Year (2027-12-31): EPS=2.86 | Chg7d=-0.003 | Chg30d=-0.155 | Revisions Net=-1 | Growth EPS=+17.5% | Growth Revenue=+3.1%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Next Quarter)
External Resources