Sun Communities, Inc. (SUI) is a publicly traded company in the Real Estate — REIT - Residential industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
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.S. and Canada. At that date, the Company also owned, operated, or held an interest in a portfolio of 54 U.K.
Is Sun Communities, Inc. stock overvalued or undervalued in 2026?
As of October 29, 2026, Sun Communities, Inc. (SUI) trades at $112.24 with no positive earnings over the last twelve months, according to Kaplio. At its 10-year average P/FFO (23.2×) $160 (+43 %).
Kaplio overview: Sun Communities, Inc.
Market cap $14B · 52 weeks $110 – $137 (20 % below the high) · P/E no earnings · 2027 expected P/E 33.6× · Dividend 3.9 % · 9 years rising · Next earnings February 23, 2027 · expected EPS $0.54 · Closing price, Oct 29 · accounts published Oct 26.
- Valuation: P/FFO 16.2× (justified).
- Business: FFO/dividend 0.8× (weak).
- Balance sheet: Net debt/EBITDA 1.7× (solid).
- Earnings: 3 of 8 (no verdict).
What would it be worth at its usual multiples?
At its 10-year average P/FFO (23.2×) $160 (+43 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in REITs: 3 of 4 pass
- Dividend coverage (FFO/div) 0.8×, fails.
- Debt / Assets 14.6 %, passes.
- Net debt / EBITDA 1.7×, passes.
- P/FFO 16.2×, passes.
- FFO / Share $6.92, info.
Against its peers (reference peers) — Sun Communities, Inc.: P/B 2.6×; Div. yield 3.9 %; EV/EBITDA 11.6×; $13.7B. Equity LifeStyle Properties, Inc. (P/B 6.5×; Div. yield 3.6 %; EV/EBITDA 22.9×; $11.4B), Mid-America Apartment Communities, Inc. (P/B 2.6×; Div. yield 5.2 %; EV/EBITDA 10.7×; $13.7B), Invitation Homes Inc. (P/B 1.8×; Div. yield 4.5 %; EV/EBITDA 8.0×; $15.7B).
Expensive or cheap against its last ten fiscal years?
Precio / FFO (aprox.) at each close: today 16.2× · median 22.8× · minimum 16.2× · maximum 30.7× · cheap below 20.6× · expensive above 26.8×. It has been cheaper than today only 0% of the time over its last ten fiscal years.
Dividend
fragile · Yield 3.9 % ($8.36 per share in 2025) · Years raising it 9 · 5-year growth +21 % a year · Free cash flow coverage FFO payout 121 % · With $1,000 invested today you'd collect $39.20 a year ($3.27 a month).
Profitability
| Return on Equity | -12.24% |
| Return on Invested Capital | 4.55% |
| Return on Assets | -7.68% |
| Gross Margin | 60.94% |
| Operating Margin | 23.52% |
| Net Margin | -36.64% |
Financial Health
| Debt / Equity | 0.72 |
| Current Ratio | 2.15 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 1.58 |
Price Performance
| 1 month | -1.53% |
| 3 months | -10.77% |
| Year-to-date | -11.08% |
| 1 year | -7.82% |
| 3 years | +0.42% |
| 5 years | -43.78% |
| 10 years | +43.22% |
Dividend History
Paid in the last 12 months: $4.4000 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-09-30 | $1.1200 |
| 2026-06-30 | $1.1200 |
| 2026-03-31 | $1.1200 |
| 2025-12-31 | $1.0400 |
| 2025-09-30 | $1.0400 |
| 2025-06-30 | $1.0400 |
| 2025-05-14 | $4.0000 |
| 2025-03-31 | $0.9400 |
| 2024-12-31 | $0.9400 |
| 2024-09-30 | $0.9400 |
Amounts adjusted for stock splits.
Related companies: ELS · 0HJO.L · 0IIB.L · VMRK · ESS · INVH
Explore sector: Real Estate · REIT - Residential
More sections of SUI: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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