Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Sun Communities, Inc.

SUINYSE
Wall Street Score · overall investment20/100
$110.18USD$-4.79 (-4.17%)
Company website www.suncommunities.com
Headquarters27777 Franklin Road, Southfield, MI, 48034, US
Financial statement currencyUSD · no FX conversion applied
Real Estate · REIT - Residential
Price updated todayFinancials updated Oct 22, 2026

SUI · Price history

Price at last available close

$110.18

−$1.71 (-1.53%) 1M

2026-10-28

Tap or drag sideways to inspect a price. Use two fingers to compare automatically. Release to scroll. Use Shift + arrow keys to compare with a keyboard.

Company & revenue

About Sun Communities, Inc.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

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.

How they make money

Sun Communities, Inc. is a real estate investment trust that generates revenue primarily through the ownership and operation of manufactured housing and recreational vehicle communities. The company earns income from site rentals, utility charges, home sales, and ancillary services provided to residents and transient guests across its North American and UK property portfolios.

Products & services

The company provides manufactured housing sites, recreational vehicle sites, rental homes, and associated community amenities and services.

Brands & revenue mix

No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

  • Manufactured housing residentsSource
  • Recreational vehicle transient guestsSource
  • Annual recreational vehicle site lesseesSource

Customer concentration

No quantified customer-concentration disclosure is available in the current saved research.

Suppliers, materials & equipment

  • Utility providers — Various local utility companies providing electricity, water, and sewer services to communities.Source
  • Home manufacturers — Third-party manufacturers that supply manufactured homes for sale or rent within the company's communities.Source

Competitors

  • Equity LifeStyle Properties, Inc. — A real estate investment trust that owns and operates manufactured home and RV communities.Source
  • UMH Properties, Inc. — A real estate investment trust that owns and operates manufactured home communities.Source

Strengths

  • Large, diversified portfolio of MH and RV properties across North America and the UKSource
  • High occupancy rates across core property segmentsSource

Risks

  • Sensitivity to general economic conditions and consumer discretionary spendingSource
  • Risks associated with property acquisitions and integrationSource
  • Exposure to interest rate fluctuations and debt financing costsSource

Financial risk observations and what to check

These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-06-30.

Quarterly revenue fell 20.2% versus the same quarter last year.

Check comparable business scope and currency, then separate volume, pricing and divestitures. One weaker quarter does not establish that the same decline will continue.

Quarterly EPS turned negative at -8.03 versus 10.02 a year earlier.

Separate recurring operating losses from noncash or one-time charges, and check cash flow rather than interpreting negative EPS as a cash-outflow amount.

Quarterly net income turned from a profit to a loss versus the same quarter last year.

Identify the causes in the interim report and distinguish operating cash use from accounting charges. Prior profitability is not a guarantee of recovery.

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

20

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

38

Poor

Financial Strength

39

Business Quality / Moat

55

Management

38

Growth Quality

10

Risk / Durability

36

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

26

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

33/100

Building Historical Record

Model Score 33/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like
  • •Recent buyback activity is present
What to watch
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak
  • •Asset quality is a weaker factor

Company-specific research

Questions worth answering for SUI

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •What is driving SUI's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
  • •Is SUI's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Is SUI's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •What specifically needs to improve for SUI to reach sustainable profitability?
  • •What future growth or profitability would be needed to justify SUI's current valuation?
Business analysis: 16 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

20

0–100 · Poor

Opportunity Score

26

0–100 · Poor

Market Cap

$13.42B

P/E Ratio

-16.5

EPS

$-7.07

52-Week High

$137.85

52-Week Low

$109.77

Beta

0.76

Analyst Target

$136.00

Shares Outstanding

124.9M

Total Revenue

$2.20B

Total Debt

$4.05B

Reported Dividend Yield

7.36%

View dividend history

Liquidation Value / Share

$46.26

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
38/ 100
-19 pts / 5d

Weakening momentum

5D -5.4% · 20D -0.5% · RSI 47 · Price vs 20D avg -4.0%
Volatility
32/ 100
+17 pts / 5d

Low movement

20D realized vol 30.4% · 60D 23.0% · Acceleration 1.32x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for SUI

Detected from reported data — verify before acting.

Dividend history reported

The provider reports a dividend yield. Confirm the latest declaration before treating it as a current payment.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on SUI.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Large, diversified portfolio of MH and RV properties across North America and the UK.
  • +High occupancy rates across core property segments.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the REIT - Residential industry.
  • −Sensitivity to general economic conditions and consumer discretionary spending.
  • −Risks associated with property acquisitions and integration.
  • −Exposure to interest rate fluctuations and debt financing costs.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Very Weak20/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

20

Tap for breakdown →

Fair

50

Debt Cost12.3%
Debt Reduction YoY75.1%
Debt / Equity0.26x

Tap for breakdown →

Poor

2

Revenue YoY-4.7%
Revenue CAGR-14.8%
Net Margin-39.3%

Tap for breakdown →

Poor

30

Asset Growth YoY-24.3%
Liquidation/Share$46.26
Net Assets/MCap0.48x

Tap for breakdown →

Poor

7

Earnings Yield-6.1%
Buyback Yield1.0%
Debt Cost12.3%

Tap for breakdown →

Poor

38

ROIC5.1%
ROE-15.6%
ROA-7.9%

Tap for breakdown →

Fair

55

EPS Growth321.0%
FCF/Share Growth4.2%
Rev/Share Growth-4.1%

Tap for breakdown →

Poor

0

Intrinsic Value—
Value Reference—
MOS—

Tap for breakdown →

Poor

31

Revenue2
Moat55
Valuation0

Tap for breakdown →

Poor

0

MOS %—
Value Reference—
Deep Discount Reference—

Tap for breakdown →

Poor

4

Interest Coverage2.1x
ROIC5.1%
FCF Yield6.1%

Tap for breakdown →

Poor

10

Financial4
Valuation0
Debt50

Tap for breakdown →

Poor

37

Survival Years-4.0 yrs
Current Ratio0.38x
FCF Margin37.5%

Tap for breakdown →

Was this stock page easy to understand?

One click helps us improve the research experience. This is not tied to an investment decision.

Score Changes

3 historical score records available

Previous Score

20

Oct 1, 2026

Change

-0.1

points

Current Score

20

Oct 22, 2026

Category Changes

Revenue-0.1
Debt0
Assets-0.7
Capital0
Management0
Moat0
Valuation0
Buffett-0.2

SUI decreased 0.1 points because some fundamentals weakened.

Projected Score

Projected Score

13

Projected Change

-7.3 points

Preliminary comparable-period financial changes suggest decline of approximately 7.3 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Valuation unavailable

Current Price

$110.18

Model Intrinsic Value

—

Difference

—

Margin of Safety

—

Value Reference: —
Deep Discount Reference: —

Intrinsic value is not currently available for this stock, so valuation can't be calculated.

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$850M$1.7B$2.5B$3.4B

Additional Metrics

Operating Cash Flow

201520172019202120232025$0$250M$500M$750M$1.0B

Total Debt

201520172019202120232025$0$2.0B$4.0B$6.0B$8.0B

Total Assets

201520172019202120232025$0$4.5B$9.0B$13.5B$18.0B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$2.20B$2.31B$3.20B$3.18B····························
Cost of Revenue$1.01B$2.09B$1.70B$1.69B····························
Gross Profit$1.19B$213.5M$1.50B$1.49B····························
Research & Development$0.00$0.00$0.00$0.00····························
SG&A Expenses$243.6M$236.7M$295.3M$272.1M····························
Operating Expenses$633.7M-$268.7M$976.0M$932.1M····························
EBITDA$1.27B$683.8M$1.10B$771.6M····························
Operating Income$552.5M$482.2M$522.6M$560.7M····························
Interest Expense$154.5M$224.5M$350.4M$329.1M····························
Income Before Tax$172.4M-$48.6M$71.8M-$217.5M····························
Income Tax Expense$41.9M-$49.2M-$35.3M-$8.4M····························
Net Income-$863.2M$1.37B$89.0M-$213.3M····························
Basic EPS$-7.07$10.84$0.71$-1.73····························
Basic Shares123M125M125M123M····························
Diluted Shares127M125M127M124M····························
Upgrade to Premium for up to 10 annual periods, where available.
Upgrade to Premium

Earnings Summary

Estimated earnings date:A future estimated earnings date is not currently available.
Jun 30, 2026Q2FY2026

Revenue

$484.6M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

-$8.03

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

-5.4%

Cash Change

-88.7%

Margin Change

-414.3 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Debt reduced

What Weakened

  • Margins contracted
  • Cash position declined

Potential Score Impact

Positive indicators included debt levels. Pressure indicators included revenue growth, EPS growth, cash levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue declined 20.2%. EPS declined 180.1%. Cash declined 88.7%. Total debt declined 5.4%. Net income margin declined by 414.3 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 121 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

30

Smart Money

30

Number of Gurus

2

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Loading data...

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

A dividend is reported, but detailed payment history is temporarily unavailable or awaiting refresh.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

Start 7-Day Free Trial

Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

Start 7-Day Free Trial

Historical Trends

3 historical records
Jul 24, 26Oct 1, 26Oct 22, 260255075100

Historical Score Chart

3 of 3 records shown

Wall Street Score

Jul 24, 26Oct 1, 26Oct 22, 260255075100

Debt Score

Jul 24, 26Oct 1, 26Oct 22, 260255075100

Revenue Score

Jul 24, 26Oct 1, 26Oct 22, 260255075100

Asset Score

Jul 24, 26Oct 1, 26Oct 22, 260255075100

Capital Score

Jul 24, 26Oct 1, 26Oct 22, 260255075100

Management Score

Jul 24, 26Oct 1, 26Oct 22, 260255075100

Moat Score

Jul 24, 26Oct 1, 26Oct 22, 260255075100

Valuation Score

Jul 24, 26Oct 1, 26Oct 22, 260255075100

Buffett Score

Jul 24, 26Oct 1, 26Oct 22, 260255075100

Intrinsic Value

Jul 24, 26Oct 1, 26Oct 22, 26$90.00$91.00$92.00$93.00$94.00

Value Reference

Jul 24, 26Oct 1, 26Oct 22, 26$53.00$54.00$55.00$56.00$57.00

Margin of Safety %

Jul 24, 26Oct 1, 26Oct 22, 26-0.6%-0.5%-0.4%-0.3%-0.2%

Related Companies

REIT - Residential

MRP

Millrose Properties, Inc.

46Weak
$25.38View

ELS

Equity LifeStyle Properties, Inc.

32Poor
$57.97View

AMH

American Homes 4 Rent

31Poor
$31.21View

UDR

UDR, Inc.

31Poor
$34.71View

VMRK

Vivmark Residential

30Poor
$60.90View

EQR

Equity Residential

30Poor
$63.66View

News

Rumor Mill · SUI

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

Related Stock Research

Continue researching this company with related Wall Street Score rankings and investing guides.

Highest Wall Street Score stocksTop REITsHow Wall Street Score worksHow to analyze a stockUnderstanding financial healthIntrinsic value guide

Score Alerts

Premium unlocks alerts when a score rises, falls, or reaches your target price.

Start 7-Day Free Trial

Portfolio Score

Premium unlocks portfolio scoring, strongest and weakest holdings, and overall margin of safety.

Start 7-Day Free Trial