Sun Communities
About: Sun Communities is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently owns a portfolio of 645 properties, which includes 341 manufactured housing communities, 166 residential vehicle communities, and 138 marina properties. Sun targets owning properties that are desirable as second homes or vacation properties with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.
Employees: 6,590
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
8.31% more ownership
Funds ownership: 92.54% [Q3] → 100.85% (+8.31%) [Q4]
1% more capital invested
Capital invested by funds: $15.6B [Q3] → $15.8B (+$216M) [Q4]
8% less funds holding
Funds holding: 507 [Q3] → 464 (-43) [Q4]
15% less repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 188
37% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 89
44% less funds holding in top 10
Funds holding in top 10: 9 [Q3] → 5 (-4) [Q4]
74% less call options, than puts
Call options by funds: $23.8M | Put options by funds: $91.6M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
JMP Securities Aaron Hecht 27% 1-year accuracy 13 / 48 met price target | 16%upside $140 | Market Outperform Reiterated | 21 Apr 2025 |
Truist Securities Anthony Hau 9% 1-year accuracy 2 / 23 met price target | 11%upside $135 | Buy Maintained | 10 Apr 2025 |
Jefferies Peter Abramowitz 13% 1-year accuracy 2 / 16 met price target | 24%upside $150 | Buy Initiated | 8 Apr 2025 |
Financial journalist opinion
Based on 15 articles about SUI published over the past 30 days









