Sun Communities

Sun Communities, Inc. provides real estate management services. The firm operates through the following segments: Manufactured Home Communities, Recreational Vehicle, and Marina. The Manufactured Home Communities segment owns, operates, and develops manufactured housing communities and is in the business of acquiring, operating, and developing ground up communities to provide housing solutions. The Recreational Vehicle segment focuses on the development of recreational vehicle resorts and is in the business of acquiring, operating and developing ground up resorts throughout the U.S. and in Ontario, Canada. The Marina segment operates marinas and is in the business of acquiring and operating marinas throughout the U.S. The company was founded in 1975 and is headquartered in Southfield, MI.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Earnings data Q1 2026

Sun Communities exceeds Q1 guidance, eyes growth amid challenges

Sun Communities demonstrated strong financial performance and operational growth in Q1 2023, driven by key segments like manufactured housing and RVs.
While facing challenges such as lowered UK operations' NOI range and currency impacts, Sun remains optimistic about its long-term growth prospects.
The company's strategic initiatives, focus on sustainability, and expansion plans position it well to capitalize on growth opportunities in the market.
Overall, Sun's stable financial outlook, commitment to ESG, and selective growth strategy underline its resilience and potential for future success.

Sun Communities reports strong Q2 results, eyes growth opportunities

Sun Communities delivered solid operational performance in Q2, with a focus on optimizing its portfolio and enhancing returns. Despite challenges in the U.K. home sales business, the company remains well-positioned for growth through strategic initiatives and expansion opportunities.

Sun Communities (SUI) surpasses Q3 expectations, eyes growth opportunities

Sun Communities delivered a strong Q3 performance, exceeding expectations in core FFO and same-property NOI growth. Despite facing challenges from the macro environment and property sales issues, the company remains optimistic about future growth. Sun's focus on operational efficiency, strategic changes, and transparent financial practices position it well for continued success.

Sun Communities reports strong earnings, focuses on value creation

Sun Communities delivered solid financial performance with core FFO meeting expectations and robust same-property NOI growth.
The company is strategically focusing on capital recycling initiatives and enhancing shareholder value through increased distributions.
Challenges include noncash impairments impacting financials and market data limitations for assessing Holiday Parks transactions.
Opportunities lie in capital recycling strategies, value creation initiatives, and operational efficiency improvements for future growth.

Sun Communities excels in Q1 results amidst challenges and opportunities

Sun Communities' Q1 performance reflects strong revenue growth and strategic financial management, positioning the company for long-term success.
While facing challenges in consumer demand and revenue declines, Sun Communities remains focused on operational efficiency and financial stability.
Opportunities for growth through marketing initiatives, deleveraging strategies, and operational enhancements underscore a positive outlook for the company.
Management's proactive approach to guidance adjustments and strategic planning demonstrate adaptability and commitment to shareholder value.

Sun Communities reports solid Q2 earnings, focuses on strategic growth

Sun Communities' Q2 performance showcased strength in Manufactured Housing and Marina segments, with strategic initiatives driving revenue growth. Challenges in the RV segment and ongoing efforts on debt reduction were noted. The company's focus on long-term growth through asset recycling and revenue optimization remains key.

Sun Communities disappoints in Q3, plans strategic repositioning for growth

Sun Communities (SUI) faces challenges in transient RV and marina segments but shows strengths in cost-saving initiatives and asset sales.
Repositioning efforts and CEO succession plans signal a strategic shift for future growth.
Opportunities lie in reducing transient exposure, increasing income streams, and refreshing the board.
Financial performance remains stable with a focus on expense management and operational efficiency.

Sun Communities reports successful 2024, sells Safe Harbor Marinas

Sun Communities delivered a strong performance in 2024, with a focus on operational efficiency and debt reduction. The sale of Safe Harbor Marinas is set to significantly improve leverage, positioning the company for sustained earnings growth in 2025.

Sun Communities reports strong Q1 earnings, eyes strategic growth opportunities

Sun Communities is strategically repositioning with the successful Safe Harbor Marinas transaction and a focus on operational efficiency. The company's strong performance in MH and RV communities, along with financial discipline post Safe Harbor sale, positions it for resilient growth. Analyst inquiries and leadership succession plans highlight areas of focus for continued success and value creation.

Sun Communities excels in Q2, appoints new CEO, and expands UK portfolio

Sun Communities demonstrated robust financial performance, strategic leadership transitions, and balance sheet improvements in Q2 2025. The company's credit rating upgrades, acquisitions, and increased guidance underscore its growth potential and commitment to shareholder value. While challenges exist in sustaining growth and managing debt, Sun Communities is poised to leverage opportunities in the housing market and drive continued success.

Sun Communities exceeds Q3 expectations, raises guidance for 2025

Sun Communities delivered strong financial performance, with a positive outlook for future growth. Management's emphasis on operational excellence and strategic acquisitions bodes well for the company's continued success. Challenges in capital deployment and market dynamics require careful navigation.

Sun Communities (SUI) exceeds earnings guidance, eyes growth opportunities

Sun Communities (SUI) showcased strong financial results in Q4 2025, with a focus on operational excellence and shareholder value enhancement. The company's strategic initiatives for 2026 underscore a commitment to sustainable growth through prudent capital allocation and operational optimization. While facing challenges in data utilization and expense management, Sun Communities (SUI) remains well-positioned to leverage opportunities in the MH and RV segments for future success.