Sun Communities, Inc.

Sun Communities, Inc.

SUI
Sun Communities, Inc.US flagNew York Stock Exchange
123.95
USD
+3.76
- -
15.27BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
11.79
11.37
12.27
12.39
12.64
13.59
14.09
14.24
20.08
24.41
18.15
18
18.08
17.6
Basic EPS, GAAP
0.31
0.54
2.64
0.26
0.85
1.3
1.81
1.35
3.38
2.01
-1.73
0.71
10.9
-7.08
Free Cash Flow per Basic Share
3.3
3.23
3.39
3.67
3.39
4.46
5.39
5.57
6.69
6.11
6.41
6.92
6.92
7.32
Dividend per Share
2.89
2.94
3.03
2.94
2.95
2.98
3.13
3.21
3.47
3.61
3.85
3.95
8.36
4.46
Book Value per Share
10.19
18.08
24.93
31.36
32.07
35.49
40.45
48.88
54.62
62.98
56.92
55.57
56.33
44.78
Tangible Book Value per Share
10.19
17.46
24.18
29.99
30.99
34.81
39.73
42.06
47.71
51.53
48.06
54.69
55.43
44.43
Basic Weighted Avg Shares
35
41
54
66
76
81
88
98
113
120
123
124
125
123
Sales/Revenue/Turnover
410
470
659
816
961
1,106
1,246
1,388
2,260
2,934
2,239
2,240
2,258
2,164
Operating Margin (%)
20.89
19.52
23.42
21.37
20.4
22.08
22.32
20.73
19.78
18.97
20.82
20.07
19.32
19.03
Depreciation Expense
105
131
175
219
258
276
315
373
509
576
494
490
508
513
Net Income, GAAP
17
29
155
26
72
107
162
132
380
242
-213
89
1,361
-868
Effective Tax Rate (%)
1.15
0.68
0.71
0.89
- -
0.07
0.49
- -
0.31
2.26
- -
- -
- -
451.4
Profit Margin (%)
4.07
6.07
23.6
3.23
7.51
9.7
12.96
9.48
16.82
8.25
-9.53
3.97
60.29
-40.13
Working Capital
-9
226
182
103
104
-4
-167
-1,135
-828
-1,953
-2,115
2,792
539
1,047
LT Debt
1,311
1,780
2,266
2,964
2,997
2,924
3,181
3,490
4,567
4,997
5,712
5,940
4,259
4,052
Total Equity
384
908
1,537
2,362
2,664
3,167
3,903
5,627
6,731
7,888
7,173
7,193
7,073
5,594
Return on Invested Capital (%)
4.77
3.99
4.7
3.73
- -
4.09
4.1
- -
3.94
3.98
- -
- -
- -
- -
Return on Capital (%)
5.02
4.39
7.68
3.08
- -
3.83
4.2
- -
4.49
3.28
- -
- -
- -
-9.99
Return on Common Equity (%)
3.78
3.59
12.14
0.93
2.68
3.75
4.69
2.92
6.56
3.42
-2.86
1.26
19.39
-13.47

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
4,259
4,246
4,052
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
123
123
123
Market Capitalization
15,301
15,525
14,779

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,154
1,004
2,009
Cash, Cash Equivalents & STI
636
497
165
Accounts Receivable, Net
- -
- -
- -
Inventories
143
133
76
Total Current Liabilities
615
725
962
Payables & Accruals
359
398
333
ST Debt
- -
- -
- -
Deferred Revenue
256
327
200

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.92%
5.27%
-1.67%
Free Cash Flow
17.84%
10.62%
0.37%
Net Income, GAAP
142.4%
250.42%
1,429.44%
Sales/Revenue/Turnover
15.06%
13.96%
0.77%
Total Cash Common Dividend
24.2%
32.26%
112.52%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
465
591
675
741
2,240
2025
466
480
680
505
2,258
2026
500
478
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.22
0.42
2.33
-1.77
0.71
2025
-0.34
10.08
0.07
0.99
10.9
2026
-0.07
-8.1
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.98
0.99
1
0.99
3.95
2025
0.99
5.12
1.1
1.1
8.36
2026
1.09
1.17
- -
- -
- -

Company Description

APIChatGPT
CEO
Charles D. Young
Full Time Employees
3,611
Sector
Real Estate
Industry
REIT - Residential
Address
27777 Franklin Road Southfield MI United States of America 48034
IPO Date
Dec 9, 1993
Business
Sun Communities, Inc. (NYSE: SUI) is a fully integrated real estate investment trust (REIT) that owns, operates, develops, and has interests in manufactured housing (MH) communities, recreational vehicle (RV) resorts, and holiday parks. The company offers attainable housing solutions through its core Sun Communities brand, which provides manufactured homes with quality construction, open floor plans, sophisticated designs, customized features, appliances, financing, and insurance programs; all-age and 55+ communities featuring amenities such as pools, tennis courts, clubhouses, golf, marinas, dining, and social events; and sites for new and pre-owned homes built by top manufacturers. Through its Sun Outdoors brand, it delivers hospitality experiences in RV resorts with relaxed staycation vibes, nature connections, and elevated amenities across the United States and Canada; while the Park Holidays brand operates holiday parks in the UK, spanning regions from Cornwall to Scotland, including Suffolk and Yorkshire. Founded in 1975 as Sundance Enterprises, Inc. in Michigan and incorporated as Sun Communities, Inc. in 1985, the company went public via an initial public offering in December 1993 and is headquartered at 27777 Franklin Road, Suite 300, Southfield, Michigan. Sun Communities conducts operations in the United States (with significant presence in states including California, Florida, Michigan, Indiana, Ohio, and Texas), Canada, and the United Kingdom, targeting residents seeking affordable housing, families, active adults aged 55+, retirees, and vacationers; its portfolio as of June 30, 2025, includes 501 developed MH, RV, and UK properties with approximately 174,450 sites, plus select marina interests. In recent strategic developments, Sun Communities sold its Safe Harbor Marinas portfolio to Blackstone Infrastructure in February 2025 for $5.65 billion in an all-cash transaction, generating approximately $5.5 billion in pre-tax proceeds to reduce debt, fund distributions, and reinvest in core MH and RV segments, which now represent about 90% of net operating income. The company acquired 14 MH and RV properties for $457 million in cash during October 2025 and disposed of nine marina properties for $117.5 million plus RV development land for $18 million in August and September 2025, respectively, as part of portfolio optimization and focus on high-margin businesses. These moves follow historical expansions, including the 2016 Carefree Communities acquisition and ongoing development of new communities nationwide.

Company News

APIChatGPT
  • Reddit Set to Join S&P 500 and Sun Communities to Join S&P MidCap 400

  • SUI Group Holdings Limited (SUIG) Q2 2026 Earnings Call Transcript

  • Is It Too Late to Buy Sun Communities Inc (SUI) After 3.1% Rally? GF Value Says Undervalued

  • Sun Communities Q2 Earnings Call Highlights

  • Sun Communities, Inc. (SUI) Q2 2026 Earnings Call Transcript

  • Sun Communities Reports Results for the Second Quarter and First Six Months of 2026

  • Sun Communities Reports Results for the Second Quarter and First Six Months of 2026

  • Breakfast News: Four Megacaps, One Big Question

  • SUI Group Schedules Second Quarter 2026 Conference Call for August 6, 2026 at 5:00 p.m. ET

  • Are Investors Overlooking This Growing Housing Segment?

  • Bank of New York Mellon Corp Cuts Stake in Sun Communities, Inc. $SUI

  • California Public Employees Retirement System Sells 24,801 Shares of Sun Communities, Inc. $SUI

  • Sun Communities, Inc. Announces Date for Second Quarter 2026 Earnings Release and Conference Call

  • 2 Manufactured Housing REITs: 1 Is A Strong Buy, 1 Is A Sell

  • Interactive Brokers Builds Out One of the Most Comprehensive and Low-Cost Solutions for Accessing Cryptocurrency Available

  • SUI Group Appoints Veteran Technology and Digital Finance Executive Kristina Campbell to Board of Directors

  • The Great American Road Trip

  • Did Sun Communities, Inc. Insiders Breach their Fiduciary Duties to Shareholders?

  • 3 Dividend Stocks Worth Buying More of While the Market Is Distracted

  • Sun Communities: The Market Is Undervaluing Its North American MH And RV Platform