Sun Communities (SUI) Stock Forecast, Price Target & Predictions
SUI Stock Forecast
Sun Communities stock forecast is as follows: an average price target of $179.00 (represents a 41.77% upside from SUI’s last price of $126.26) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
SUI Price Target
The average price target for Sun Communities (SUI) is $179.00 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $220.00 to $134.00. This represents a potential 41.77% upside from SUI's last price of $126.26.
SUI Analyst Ratings
According to 6 Wall Street analysts, Sun Communities's rating consensus is 'Buy'. The analyst rating breakdown for SUI stock is 0 'Strong Buy' (0.00%), 3 'Buy' (50.00%), 3 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Sun Communities Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 14, 2024 | Michael Goldsmith | UBS | $134.00 | $125.89 | 6.44% | 6.13% |
| Sep 03, 2024 | Wesley Golladay | Robert W. Baird | $145.00 | $135.24 | 7.22% | 14.84% |
| Apr 27, 2022 | - | RBC Capital | $217.00 | $183.53 | 18.24% | 71.87% |
| Apr 20, 2022 | - | JMP Securities | $220.00 | $190.05 | 15.76% | 74.24% |
The latest Sun Communities stock forecast, released on Nov 14, 2024 by Michael Goldsmith from UBS, set a price target of $134.00, which represents a 6.44% increase from the stock price at the time of the forecast ($125.89), and a 6.13% increase from SUI last price ($126.26).
Sun Communities Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 2 |
| Avg Price Target | $134.00 | $139.50 | $139.50 |
| Last Closing Price | $126.26 | $126.26 | $126.26 |
| Upside/Downside | 6.13% | 10.49% | 10.49% |
In the current month, the average price target of Sun Communities stock is $134.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 6.13% increase as opposed to Sun Communities's last price of $126.26. This month's average price target is down -3.94% compared to last quarter, and down -3.94% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 12, 2024 | Bank of America Securities | - | Underperform | Downgrade |
| Oct 17, 2024 | Jefferies | - | Buy | Initialise |
| Oct 01, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Sep 19, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Sep 16, 2024 | Evercore ISI | Outperform | Positive | Downgrade |
| Aug 28, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Aug 02, 2024 | Compass Point | Neutral | Neutral | Hold |
| Aug 02, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jul 15, 2022 | Wolfe Research | - | Peer Perform | Initialise |
| Apr 27, 2022 | RBC Capital | Outperform | Outperform | Hold |
Sun Communities's last stock rating was published by Bank of America Securities on Nov 12, 2024. The company Downgrade its SUI rating from "null" to "Underperform".
Sun Communities Financial Forecast
Sun Communities Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $726.70M | - | $863.50M | $639.80M | $664.40M | $921.40M | $807.00M | $541.70M | $538.24M | $681.60M | $601.14M | $439.38M | $381.75M | $397.89M | $300.63M | $307.95M | $298.45M | $357.67M |
| Avg Forecast | $356.73M | $496.83M | $430.57M | $342.50M | $772.60M | $1.01B | $885.42M | $610.71M | $761.91M | $980.41M | $890.34M | $672.89M | $665.80M | $938.16M | $834.99M | $619.65M | $659.18M | $881.28M | $677.54M | $459.43M | $452.75M | $571.54M | $473.98M | $328.79M | $316.36M | $340.32M | $266.26M | $274.31M | $263.70M | $295.96M |
| High Forecast | $371.29M | $517.12M | $448.15M | $356.49M | $804.15M | $1.05B | $921.56M | $664.84M | $793.01M | $981.67M | $890.34M | $672.89M | $680.68M | $992.49M | $869.08M | $644.95M | $686.09M | $881.28M | $677.54M | $459.43M | $452.75M | $571.54M | $473.98M | $328.79M | $316.36M | $340.32M | $266.26M | $274.31M | $263.70M | $295.96M |
| Low Forecast | $348.65M | $485.58M | $420.82M | $334.75M | $755.11M | $986.47M | $865.37M | $587.47M | $744.65M | $979.15M | $890.34M | $672.89M | $650.92M | $876.18M | $816.08M | $605.62M | $644.25M | $881.28M | $677.54M | $459.43M | $452.75M | $571.54M | $473.98M | $328.79M | $316.36M | $340.32M | $266.26M | $274.31M | $263.70M | $295.96M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | - | 1.03% | 1.03% | 1.01% | 1.05% | 1.19% | 1.18% | 1.19% | 1.19% | 1.27% | 1.34% | 1.21% | 1.17% | 1.13% | 1.12% | 1.13% | 1.21% |
Sun Communities's average Quarter revenue forecast for Mar 24 based on 1 analysts is $672.89M, with a low forecast of $672.89M, and a high forecast of $672.89M. SUI's average Quarter revenue forecast represents a -7.40% decrease compared to the company's last Quarter revenue of $726.70M (Dec 23).
Sun Communities EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $555.00M | - | $681.50M | $230.00M | $232.30M | $409.20M | $329.80M | $221.60M | $207.65M | $306.06M | $268.34M | $191.38M | $167.46M | $197.11M | $149.57M | $152.00M | $149.68M | $175.62M |
| Avg Forecast | $295.33M | $411.32M | $356.47M | $283.56M | $639.63M | $835.62M | $733.03M | $505.60M | $630.78M | $811.68M | $737.11M | $338.14M | $551.21M | $776.70M | $691.28M | $307.40M | $308.56M | $385.18M | $296.13M | $328.77M | $197.89M | $249.80M | $207.16M | $160.02M | $138.27M | $148.74M | $116.38M | $44.73M | $115.25M | $129.36M |
| High Forecast | $307.39M | $428.12M | $371.02M | $295.13M | $665.75M | $869.73M | $762.96M | $550.42M | $656.53M | $812.72M | $737.11M | $405.77M | $563.53M | $821.68M | $719.51M | $368.88M | $370.27M | $385.18M | $296.13M | $394.52M | $197.89M | $249.80M | $207.16M | $192.03M | $138.27M | $148.74M | $116.38M | $53.68M | $115.25M | $129.36M |
| Low Forecast | $288.65M | $402.01M | $348.39M | $277.14M | $625.15M | $816.69M | $716.43M | $486.36M | $616.49M | $810.63M | $737.11M | $270.51M | $538.89M | $725.39M | $675.63M | $245.92M | $246.85M | $385.18M | $296.13M | $263.02M | $197.89M | $249.80M | $207.16M | $128.02M | $138.27M | $148.74M | $116.38M | $35.79M | $115.25M | $129.36M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | - | 0.99% | 0.75% | 0.75% | 1.06% | 1.11% | 0.67% | 1.05% | 1.23% | 1.30% | 1.20% | 1.21% | 1.33% | 1.29% | 3.40% | 1.30% | 1.36% |
1 analysts predict SUI's average Quarter EBITDA for Mar 24 to be $338.14M, with a high of $405.77M and a low of $270.51M. This is -39.07% lower than Sun Communities's previous annual EBITDA (Dec 23) of $555.00M.
Sun Communities Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-80.90M | - | $89.80M | $-31.90M | $4.70M | $162.60M | $74.00M | $1.50M | $14.79M | $231.77M | $110.77M | $24.78M | $7.59M | $81.20M | $58.91M | $-16.09M | $28.55M | $57.43M |
| Avg Forecast | $-16.83M | $138.97M | $69.25M | $-12.74M | $12.19M | $155.07M | $76.72M | $-12.56M | $19.62M | $210.92M | $77.16M | $1.20M | $1.75M | $157.13M | $97.42M | $1.09M | $19.81M | $169.12M | $96.88M | $1.17M | $32.95M | $119.95M | $72.11M | $21.06M | $11.13M | $70.51M | $29.69M | $-40.67M | $31.54M | $84.12M |
| High Forecast | $-16.33M | $146.35M | $72.93M | $-12.36M | $12.84M | $163.30M | $80.79M | $-12.19M | $21.09M | $222.11M | $77.18M | $1.44M | $1.77M | $166.66M | $102.59M | $1.31M | $23.78M | $175.03M | $96.88M | $1.40M | $32.95M | $119.95M | $72.11M | $25.28M | $11.13M | $70.51M | $29.69M | $-32.54M | $31.54M | $84.12M |
| Low Forecast | $-17.72M | $134.88M | $67.21M | $-13.41M | $11.83M | $150.51M | $74.46M | $-13.23M | $18.42M | $204.71M | $77.15M | $962.68K | $1.72M | $147.61M | $94.55M | $875.16K | $15.85M | $163.21M | $96.88M | $936.00K | $32.95M | $119.95M | $72.11M | $16.85M | $11.13M | $70.51M | $29.69M | $-48.81M | $31.54M | $84.12M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -46.33% | - | 0.92% | -29.16% | 0.24% | 0.96% | 0.76% | 1.28% | 0.45% | 1.93% | 1.54% | 1.18% | 0.68% | 1.15% | 1.98% | 0.40% | 0.91% | 0.68% |
Sun Communities's average Quarter net income forecast for Sep 23 is $157.13M, with a range of $147.61M to $166.66M. SUI's average Quarter net income forecast represents a 74.98% increase compared to the company's last Quarter net income of $89.80M (Jun 23).
Sun Communities SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $77.80M | - | $62.30M | $63.90M | $69.80M | $69.10M | $62.20M | $55.70M | $54.60M | $43.28M | $45.13M | $38.20M | $31.80M | $27.24M | $26.73M | $25.52M | $25.41M | $22.98M |
| Avg Forecast | $29.12M | $40.56M | $35.15M | $27.96M | $63.08M | $82.40M | $72.29M | $49.86M | $62.20M | $80.04M | $72.69M | $95.75M | $54.36M | $76.59M | $68.17M | $87.05M | $84.33M | $71.67M | $55.10M | $93.10M | $36.82M | $46.48M | $38.55M | $32.47M | $25.73M | $27.68M | $21.66M | $64.52M | $21.45M | $24.07M |
| High Forecast | $30.31M | $42.22M | $36.59M | $29.10M | $65.65M | $85.77M | $75.24M | $54.28M | $64.74M | $80.15M | $72.69M | $114.90M | $55.57M | $81.03M | $70.95M | $104.46M | $101.20M | $71.67M | $55.10M | $111.72M | $36.82M | $46.48M | $38.55M | $38.97M | $25.73M | $27.68M | $21.66M | $77.43M | $21.45M | $24.07M |
| Low Forecast | $28.46M | $39.64M | $34.36M | $27.33M | $61.65M | $80.54M | $70.65M | $47.96M | $60.80M | $79.94M | $72.69M | $76.60M | $53.14M | $71.53M | $66.63M | $69.64M | $67.46M | $71.67M | $55.10M | $74.48M | $36.82M | $46.48M | $38.55M | $25.98M | $25.73M | $27.68M | $21.66M | $51.62M | $21.45M | $24.07M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.43% | - | 0.91% | 0.73% | 0.83% | 0.96% | 1.13% | 0.60% | 1.48% | 0.93% | 1.17% | 1.18% | 1.24% | 0.98% | 1.23% | 0.40% | 1.18% | 0.95% |
Sun Communities's average Quarter SG&A projection for Mar 24 is $95.75M, based on 1 Wall Street analysts, with a range of $76.60M to $114.90M. The forecast indicates a 23.07% rise compared to SUI last annual SG&A of $77.80M (Dec 23).
Sun Communities EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.64 | - | $0.73 | $-0.26 | $0.04 | $1.32 | $0.61 | $0.01 | $0.13 | $2.00 | $0.98 | $0.23 | $0.07 | $0.83 | $0.61 | $-0.17 | $0.31 | $0.63 |
| Avg Forecast | $-0.14 | $1.12 | $0.56 | $-0.10 | $0.10 | $1.25 | $0.62 | $-0.10 | $0.16 | $1.70 | $0.62 | $-0.13 | $0.01 | $1.27 | $0.79 | $-0.06 | $0.10 | $1.37 | $0.78 | $0.07 | $0.27 | $0.97 | $0.58 | $0.17 | $0.09 | $0.57 | $0.24 | $0.20 | $0.26 | $0.68 |
| High Forecast | $-0.13 | $1.18 | $0.59 | $-0.10 | $0.10 | $1.32 | $0.65 | $-0.10 | $0.17 | $1.79 | $0.62 | $-0.13 | $0.01 | $1.34 | $0.83 | $-0.06 | $0.11 | $1.41 | $0.78 | $0.07 | $0.27 | $0.97 | $0.58 | $0.17 | $0.09 | $0.57 | $0.24 | $0.20 | $0.26 | $0.68 |
| Low Forecast | $-0.14 | $1.09 | $0.54 | $-0.11 | $0.10 | $1.21 | $0.60 | $-0.11 | $0.15 | $1.65 | $0.62 | $-0.14 | $0.01 | $1.19 | $0.76 | $-0.06 | $0.10 | $1.32 | $0.78 | $0.07 | $0.27 | $0.97 | $0.58 | $0.17 | $0.09 | $0.57 | $0.24 | $0.20 | $0.26 | $0.68 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -45.44% | - | 0.93% | 4.34% | 0.39% | 0.97% | 0.78% | 0.19% | 0.49% | 2.06% | 1.68% | 1.35% | 0.78% | 1.46% | 2.54% | -0.87% | 1.22% | 0.93% |
According to 7 Wall Street analysts, Sun Communities's projected average Quarter EPS for Sep 23 is $1.27, with a low estimate of $1.19 and a high estimate of $1.34. This represents a 73.59% increase compared to SUI previous annual EPS of $0.73 (Jun 23).
Sun Communities Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SUI | Sun Communities | $126.26 | $179.00 | 41.77% | Buy |
| MAA | Mid-America Apartment Communities | $157.74 | $187.90 | 19.12% | Hold |
| AMH | American Homes 4 Rent | $37.54 | $41.89 | 11.59% | Buy |
| EQR | Equity Residential | $73.92 | $82.03 | 10.97% | Buy |
| UMH | UMH Properties | $19.15 | $20.50 | 7.05% | Buy |
| CPT | Camden Property Trust | $120.56 | $126.56 | 4.98% | Hold |
| UDR | UDR | $44.34 | $46.21 | 4.22% | Buy |
| ELS | Equity LifeStyle Properties | $70.67 | $73.29 | 3.71% | Buy |
| AVB | AvalonBay Communities | $228.14 | $235.00 | 3.01% | Buy |
| ESS | Essex Property Trust | $300.59 | $298.00 | -0.86% | Buy |
| NXRT | NexPoint Residential Trust | $45.77 | $44.67 | -2.40% | Buy |