Professional
Added to YB: 2024-03-11
Pitch date: 2024-03-07
SUI [bullish]
Sun Communities, Inc.
+5.9%
current return
Author Info
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Company Info
Sun Communities, Inc. is a REIT that, as of September 30, 2025, owned, operated, or had an interest in a portfolio of 501 developed properties.
Market Cap
$16.1B
Pitch Price
$122.07
Price Target
170.00 (+31%)
Dividend
3.20%
EV/EBITDA
15.57
P/E
-46.94
EV/Sales
6.20
Sector
Residential REITs
Category
value
Show full summary:
Sun Communities, Inc.: Sun Communities Should See Rental Rate Growth Above Inflation for Several More Years
SUI targets aging demographics, $11.8B growing to 667 RV/MH properties. Niche assets, upside capped by affordability. $170 FV, 4.4% NOI growth aim. Solid internal growth projected. Risks: Demographics, markets, ESG. Fair returns, strong management dependent on retirees & acquisitions.
Read full article (9 min)