
Sun Communities (SUI) Stock Forecast & Price Target
Sun Communities (SUI) Analyst Ratings
Bulls say
Sun Communities has raised its FY25 Core FFO guidance by $1.60 at the midpoint, indicating strong financial performance driven by capital allocation benefits from the Safe Harbors sale. The substantial increase in Core FFO is attributed to a quicker contribution from the recaptured capital along with reduced general and administrative expenses, underscoring operational efficiency. Furthermore, Sun Communities aims to expand its portfolio further, leveraging its existing infrastructure and market presence in desirable residential areas, particularly in Florida and Michigan.
Bears say
Sun Communities is facing challenges reflected in a 50 basis point decrease in same-store guidance, primarily attributed to lower expectations for its RV properties, signaling a potential decline in revenue stability. The company may experience difficulties in securing new debt financing or refinancing existing debt under favorable terms, especially given the current market volatility, which could adversely affect its capital structure. Additionally, increased costs of capital due to fluctuations in equity and debt markets, alongside potential fuel cost risks, further compound the negative outlook for Sun Communities' financial performance.
This aggregate rating is based on analysts' research of Sun Communities and is not a guaranteed prediction by Public.com or investment advice.
Sun Communities (SUI) Analyst Forecast & Price Prediction
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