StockData
Sun Communities Inc logo

Sun Communities Inc (SUI) stock

SUINYSEReal Estate Investment TrustsFiscal year ends May 13
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 27, 2026Score 4/3042% above fair value
$113.26+1.02 (+0.91%)

Close on Oct 30, 2026Market cap $13.80BP/E –Yield 7.03%

Earnings

Sun Communities's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report
Feb 23, 2027
Q4 FY2026 · estimated, after the close
Revenue, Q3 FY2026
$558.20M
-19.9% on a year earlier
Core FFO per Share, Q3 FY2026
$2.35
$2.28 a year earlier
Latest guidance
Raised
Oct 26, 2026 · 20 items

Quarterly results

Revenue and earnings per share from each of Sun Communities's earnings releases, newest first

QuarterReportedRevenueYoYEPSAdj. EPSSource
Q4 FY2026ended Dec 31, 2026Feb 23, 2027Expected–––––
Q3 FY2026ended Sep 30, 2026Oct 26, 2026after the close$558.20M-19.9%$1.00$2.35Release
Q2 FY2026ended Jun 30, 2026Jul 27, 2026after the close$484.60M–-$8.08$1.84Release
Q1 FY2026ended Mar 31, 2026Apr 27, 2026after the close$507.90M+8.0%-$0.07$1.40Release
Q4 FY2025ended Dec 31, 2025Feb 24, 2026after the close$515.20M-30.9%$0.99$1.40Release
Q3 FY2025ended Sep 30, 2025Oct 29, 2025after the close$697.20M-25.8%$0.07$2.28Release
Q2 FY2025ended Jun 30, 2025Jul 30, 2025after the close–––$1.76Release
Q1 FY2025ended Mar 31, 2025May 5, 2025after the close$470.20M-30.0%-$0.34$1.26Release
Q4 FY2024ended Dec 31, 2024Feb 26, 2025after the close$745.90M+2.6%-$1.77$1.41Release
Q3 FY2024ended Sep 30, 2024Nov 6, 2024after the close$939.90M-4.4%$2.31$2.34Release
Q2 FY2024ended Jun 30, 2024Jul 31, 2024after the close$864.00M+0.1%$0.42$1.86Release
Q1 FY2024ended Mar 31, 2024Apr 29, 2024after the close$671.30M+3.1%-$0.22$1.19Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Sun Communities's latest outlook for periods it has not reported yet, compared with what it said before

MetricPeriodGuidanceBeforeChangeGiven
Diluted EPS attributable to the Consolidated PortfolioGAAPQ4 FY2026$0.36 – $0.44–NewOct 26, 2026
Core FFO per Share attributable to the Consolidated Portfolionon-GAAPQ4 FY2026$1.38 – $1.46–NewOct 26, 2026
North America Same Property NOI growthnon-GAAPQ4 FY2026+4% – +5.9%–NewOct 26, 2026
Revenues from real propertynon-GAAPFY2026+4.1% – +4.3%–NewOct 26, 2026
Revenues from real propertyFY2026+3.9% – +4.6%+5.1% – +5.9%LoweredApr 27, 2026
Revenues from real propertynon-GAAPFY2026+3.9% – +4.6%–NewJul 27, 2026
Ancillary NOInon-GAAPFY2026$24.50M–NewJul 27, 2026
Total North America Same Property NOInon-GAAPFY2026+4.5% – +5.3%–NewJul 27, 2026
Diluted EPS attributable to the Consolidated PortfolioGAAPFY2026-$6.65 – -$6.57–NewOct 26, 2026
Diluted EPS attributable to the Consolidated PortfolioGAAPFY2026-$6.72 – -$6.56$2.63 – $2.83LoweredJul 27, 2026
Core FFO per Share attributable to the Consolidated Portfolionon-GAAPFY2026$6.97 – $7.05–NewOct 26, 2026
Core FFO per Share attributable to the Consolidated Portfolionon-GAAPFY2026$6.94 – $7.10$6.83 – $7.03RaisedJul 27, 2026
Ancillary NOInon-GAAPFY2026$23.50M–NewOct 26, 2026
Ancillary NOIFY2026$28.00M–NewApr 27, 2026
Average 2026 Rental Rate Increases Expected - Annual RVFY20264%–LoweredOct 29, 2025
Average 2026 Rental Rate Increases Expected - North America MHFY20265%–NewOct 29, 2025
Average 2026 Rental Rate Increases Expected - UKFY20264.1%–RaisedOct 29, 2025
Brokerage commissions and other, netnon-GAAPFY2026$45.50M–RaisedJul 27, 2026
Brokerage commissions and other, netFY2026$46.50M–RaisedApr 27, 2026
Brokerage commissions, income from nonconsolidated affiliates, and other, netFY2026$43.00M–RaisedOct 26, 2026
Contribution from Discontinued OperationsFY2026$76.10M–RaisedOct 26, 2026
Contribution from Discontinued Operationsnon-GAAPFY2026$86.20M–RaisedJul 27, 2026
Current tax expenseFY2026$4.50M–LoweredOct 26, 2026
Current tax expensenon-GAAPFY2026$4.00M–LoweredJul 27, 2026
Current tax expenseFY2026$14.00M–LoweredApr 27, 2026
FFO contribution from North American home salesnon-GAAPFY2026$1.00M–LoweredOct 26, 2026
FFO contribution from North American home salesnon-GAAPFY2026$1.50M–LoweredJul 27, 2026
FFO contribution from North American home salesFY2026$3.00M–LoweredApr 27, 2026
FFO contribution from UK home salesFY2026$49.50M–RaisedApr 27, 2026
General and administrative expenses excluding non-recurring expensesnon-GAAPFY2026$174.50M–RaisedOct 26, 2026
General and administrative expenses excluding non-recurring expensesnon-GAAPFY2026$172.00M–RaisedJul 27, 2026
General and administrative expenses excluding non-recurring expensesFY2026$212.00M–RaisedApr 27, 2026
Interest expenseFY2026$149.00M–RaisedOct 26, 2026
Interest expensenon-GAAPFY2026$153.00M–LoweredJul 27, 2026
Interest expenseFY2026$148.50M–LoweredApr 27, 2026
Interest incomeFY2026$25.50M–NewOct 26, 2026
Interest incomenon-GAAPFY2026$21.50M–NewJul 27, 2026
Interest incomeFY2026$21.00M–LoweredApr 27, 2026
MH NOI (282 properties)non-GAAPFY2026+6.9% – +7.2%–RaisedOct 26, 2026
MH NOI (282 properties)FY2026+5.4% – +6.4%–RaisedFeb 24, 2026
RV NOI (152 properties)non-GAAPFY20260% – +0.8%–LoweredOct 26, 2026
RV NOI (157 properties)FY20260% – +1.8%–LoweredFeb 24, 2026
Total North America Same Property NOInon-GAAPFY2026+4.9% – +5.3%–RaisedOct 26, 2026
Total North America Same Property NOIFY2026+3.9% – +5%–NewFeb 24, 2026
Total property operating expensesnon-GAAPFY2026+2.3% – +2.5%–NewOct 26, 2026
Total property operating expensesnon-GAAPFY2026+2.5% – +2.8%–NarrowedJul 27, 2026
Total UK Same Property NOInon-GAAPFY2026+0.9% – +3.4%–NewFeb 24, 2026
Average 2027 Rental Rate Increases Expected - Annual RVFY2027+4.4%–LoweredOct 26, 2026
Average 2027 Rental Rate Increases Expected - MHFY2027+5.4%–NewOct 26, 2026

Guidance vs results

The last range Sun Communities gave before each report, against the figure it then reported. Full years add up the four quarters.

PeriodMetricGuidanceActualResult
Q3 FY2026Core FFO per Share attributable to the Consolidated Portfolio$2.23 – $2.33$2.35Above range
Q3 FY2026EPS (GAAP)$1.13 – $1.23$1.00Below range
Q2 FY2026Core FFO per Share attributable to the Consolidated Portfolio$1.71 – $1.79$1.84Above range
Q2 FY2026EPS (GAAP)$0.62 – $0.70-$8.08Below range
Q1 FY2026Core FFO per Share attributable to the Consolidated Portfolio$1.24 – $1.32$1.40Above range
Q1 FY2026EPS (GAAP)$0.14 – $0.22-$0.07Below range
FY2025Core FFO per Share attributable to the Consolidated Portfolio$6.51 – $6.67$6.70Σ4QAbove range
Q4 FY2025Core FFO per Share attributable to the Consolidated Portfolio (a)(b)(c)$1.31 – $1.39$1.40Above range
Q4 FY2025EPS (GAAP)$0.34 – $0.42$0.99Above range
Q2 FY2025Core FFO per Share attributable to the Consolidated Portfolio$1.62 – $1.70$1.76Above range
Q4 FY2024Core FFO per Share$1.37 – $1.45$1.41Within range
Q4 FY2024EPS (GAAP)$0.21 – $0.29-$1.77Below range

Guidance history

Every forecast Sun Communities put in an earnings release, newest first

GivenMetricPeriodGuidanceChange
Oct 26, 2026Core FFO per Share attributable to the Consolidated PortfolioQ4 FY2026$1.38 – $1.46New
Oct 26, 2026Core FFO per Share attributable to the Consolidated PortfolioFY2026$6.97 – $7.05New
Oct 26, 2026Diluted EPS attributable to the Consolidated PortfolioFY2026-$6.65 – -$6.57New
Oct 26, 2026Diluted EPS attributable to the Consolidated PortfolioQ4 FY2026$0.36 – $0.44New
Oct 26, 2026FFO contribution from North American home salesFY2026$1.00MLowered
Oct 26, 2026Ancillary NOIFY2026$23.50MNew
Oct 26, 2026Contribution from Discontinued OperationsFY2026$76.10MRaised
Oct 26, 2026Current tax expenseFY2026$4.50MLowered
Oct 26, 2026Interest expenseFY2026$149.00MRaised
Oct 26, 2026Brokerage commissions, income from nonconsolidated affiliates, and other, netFY2026$43.00MRaised
Oct 26, 2026Interest incomeFY2026$25.50MNew
Oct 26, 2026RV NOI (152 properties)FY20260% – +0.8%Lowered
Oct 26, 2026MH NOI (282 properties)FY2026+6.9% – +7.2%Raised
Oct 26, 2026Total North America Same Property NOIFY2026+4.9% – +5.3%Raised
Oct 26, 2026Total property operating expensesFY2026+2.3% – +2.5%New
Oct 26, 2026North America Same Property NOI growthQ4 FY2026+4% – +5.9%New
Oct 26, 2026Average 2027 Rental Rate Increases Expected - MHFY2027+5.4%New
Oct 26, 2026Average 2027 Rental Rate Increases Expected - Annual RVFY2027+4.4%Lowered
Oct 26, 2026General and administrative expenses excluding non-recurring expensesFY2026$174.50MRaised
Oct 26, 2026Revenues from real propertyFY2026+4.1% – +4.3%New

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.

Press releases

Releases Sun Communities filed with the SEC as exhibits to Form 8-K or 6-K

  1. Results
  2. Update
  3. Update
  4. Update
  5. Update
  6. Results
  7. Update
  8. Update
  9. Update
  10. Update
  11. Results
  12. Update
  13. Results
  14. Update
  15. Update