Mizuho Reiterates Buy Rating for Sun Communities, Inc. (SUI)
Mizuho maintains its buy rating on Sun Communities, Inc. with a target price of $137, a 13.83% upside from the current price.
Key Points
- Mizuho reiterated its buy rating on Sun Communities, Inc. (SUI) with a price target of $137 as of June 30, 2026.
- Mizuho's $137 price target implies 13.83% upside from Sun Communities, Inc.'s ($SUI) current $120.36 share price.
- Sun Communities, Inc. shares traded near $119.26 on Tuesday, with a market cap of $14.94 billion and a forward P/E of 43.47.
- Major institutional holders like BlackRock and Vanguard have adjusted their positions in Sun Communities recently.
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Mizuho has reiterated its buy rating on Sun Communities, Inc. (NYSE: SUI), setting a price target of $137. This decision was announced on June 30, 2026, by analyst Haendel St. Juste. Shares of Sun Communities traded near $119.26 on Tuesday, reflecting the market's response to this reaffirmation.
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Sun Communities, Inc. Stock Down 2.1%
Shares of NYSE:SUI traded near $119.26 on Tuesday. Sun Communities, Inc., with a market cap of approximately $14.94 billion, is a major player in the real estate sector, specifically in residential REITs. It has a forward P/E ratio of 43.47 and a beta of 0.793, indicating moderate volatility compared to the broader market. The stock's 52-week range has seen lows of $115.53 and highs of $137.85. It has a 50-day moving average of $124.55 and a 200-day moving average of $126.70.
$SUI price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Sun Communities reported revenue of about $2.34 billion, with a growth rate of 8.6%. Despite a negative EPS of -$0.49, the company maintains a net margin of 59.65% and a return on equity of 0.25%. The next earnings report is scheduled for July 29, 2026.
Dividend
Sun Communities offers an annual dividend rate of $4.32, yielding 3.56% with a payout ratio of 4.53%. This dividend is part of the company's strategy to return value to shareholders.
Insider Buying and Selling at Sun Communities, Inc.
Recent insider activity includes sales by Gary Shiffman on June 24, 2026, totaling 25,031 shares at an average price of $119.96. EVP, CFO, Sec. & Treas. Fernando Castro-Caratini sold 23,750 shares on May 26, 2026, at an average price of $124.43. On the buying side, CEO Charles Young purchased 14,334 shares at $125.57 on March 27, 2026.
Analysts Set New Price Targets
On June 30, 2026, Mizuho maintained its buy rating for Sun Communities with a $137 price target. Truist Securities also maintained a buy rating with a target of $138 on June 26, 2026. RBC Capital and Wells Fargo have also maintained buy ratings with targets of $149 and $142, respectively. The consensus among 18 analysts is a buy rating, with a mean target price of $141.83.
About Sun Communities, Inc.
Sun Communities, Inc. is a real estate investment trust (REIT) that operates residential properties, including manufactured housing and recreational vehicle communities. Headquartered in Southfield, Michigan, and led by CEO Charles D. Young, the company manages a portfolio of over 515 properties across the U.S., Canada, and the U.K. The company was founded in 1975 and went public in 1993.
Bottom Line
Mizuho's reiteration of a buy rating for Sun Communities, Inc. signals confidence in the company's potential. Investors keep a close eye on such ratings as they provide insights into the stock's valuation and future prospects. It's important to remember that analyst ratings and 13F filings reflect past and projected performance, not current positions.
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