Sun Communities

Shares of Sun Communities fell to a 52-week low of $115.9; market capitalization is $14.4 billion and performance is -6.4% year-to-date and -11.5% over six months. InvestingPro views the stock as overvalued relative to its fair value, while the dividend yield is 3.81% and the dividend has been increased for eight to nine consecutive years. For Q2 the company reported mixed results (missed on reported earnings and revenue), but raised adjusted core FFO per share to $1.84 and increased same-property NOI guidance for 2026; it also announced share repurchases of about $200 million and BofA upgraded the stock to neutral after the appointment of a permanent CFO. » Mere på de.investing.com

Sun Communities appointed Robert A. Garechana effective September 8, 2026, as executive vice president and chief financial officer. He succeeds Fernando Castro-Caratini, who is moving into an advisory role. Garechana brings more than two decades of REIT experience, most recently as executive vice president and chief investment officer and previously CFO at Equity Residential; Sun Communities operates a portfolio of 455 locations with about 156,130 spaces in the U.S. and Canada. » Mere på de.investing.com

Truist, RBC Capital and Wells Fargo trimmed price targets for Sun Communities following the announced sale of its U.K. portfolio but maintained Buy/Outperform/Overweight ratings. Analysts say the U.K. exit reduces an overhang and shifts the portfolio toward roughly 70% manufactured housing, which should support a valuation premium over multifamily REITs despite a sizeable impairment. The article lists Sun Communities among interest-rate-sensitive stock picks while noting varying views on upside versus other sectors. » Mere på finance.yahoo.com

The stock of Sun Communities rose to a 52-week high of $137.85. The REIT reported Q4 2025 earnings per share of $0.99 and revenue of $515.2 million, beating expectations. The dividend yield is around 3% and the dividend has been raised for nine consecutive years. Valuation data currently point to an overvaluation relative to the fair-value estimate, despite a financial health score of "GOOD" and a perfect Piotroski Score of 9. » Mere på de.investing.com

Sun Communities has appointed Fernando Castro-Caratini as interim chief financial officer with immediate effect; he replaces Mark E. Patten, whose departure was mutual and not due to disagreements over financial reporting. Castro-Caratini has been with the company since 2016 and most recently served as a senior advisor; the board has launched a search for a permanent CFO. The company reaffirmed its 2025 financial guidance and has a market capitalization of about $16.2 billion, a 33-year dividend history and a dividend yield of 3.26%. Sun operates 501 developed properties with roughly 174,680 sites; analysts expect 2025 EPS of $2.13, although the company was not profitable over the past 12 months. » Mere på de.investing.com