Sun Communities, Inc. (SUI)

Sun Communities Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Sun Communities stock have an average target of 143.7, with a low estimate of 123 and a high estimate of 168. The average target predicts an increase of 19.98% from the current stock price of 119.77.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$123	$143.7	$150	$168
Change	+2.70%	+19.98%	+25.25%	+40.27%

Analyst Ratings

The average analyst rating for SUI stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	1	1	0	0	0	0
Buy	7	7	7	7	7	7
Hold	3	3	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	11	11	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Aaron Hecht JMP Securities	JMP Securities	Buy Reiterates $150	Buy	Reiterates	$150	+25.25%	Apr 23, 2024
Merrill Ross Compass Point	Compass Point	Hold Maintains $116 → $125	Hold	Maintains	$116 → $125	+4.37%	Mar 21, 2024
Aaron Hecht JMP Securities	JMP Securities	Buy Reiterates $150	Buy	Reiterates	$150	+25.25%	Mar 20, 2024
Anthony Hau Truist Securities	Truist Securities	Hold Maintains $143 → $136	Hold	Maintains	$143 → $136	+13.56%	Mar 18, 2024
Anthony Powell Barclays	Barclays	Buy Maintains $157 → $155	Buy	Maintains	$157 → $155	+29.42%	Jan 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

3.40B

Increased by 5.38%

from 3.22B

Revenue Next Year

3.53B

Increased by 3.80%

from 3.40B

EPS This Year

2.08

from -1.72

EPS Next Year

2.47

Increased by 18.93%

from 2.08

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	1.26B	1.40B	2.27B	2.97B	3.22B	3.40B	3.53B	3.65B	3.95B	3.89B
Revenue Growth	12.18%	10.62%	62.53%	30.67%	8.58%	5.38%	3.80%	3.40%	8.23%	-1.37%
EPS	1.80	1.34	3.36	2.00	-1.72	2.08	2.47	2.37	3.17	2.88
EPS Growth	39.53%	-25.56%	150.75%	-40.48%	-	-	18.93%	-4.08%	33.62%	-9.24%
No. Analysts	-	-	-	-	-	9	8	5	3	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	3.8B	3.9B	4.0B	4.3B	4.0B
Avg	3.4B	3.5B	3.6B	3.9B	3.9B
Low	3.1B	3.2B	3.4B	3.6B	3.8B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	18.1%	13.7%	13.8%	18.7%	2.5%
Avg	5.4%	3.8%	3.4%	8.2%	-1.4%
Low	-3.9%	-5.2%	-4.1%	-0.8%	-4.3%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	2.43	3.02	2.90	3.76	2.99
Avg	2.08	2.47	2.37	3.17	2.88
Low	1.82	1.93	1.90	2.65	2.79

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	45.3%	17.1%	58.4%	-5.6%
Avg	-	18.9%	-4.1%	33.6%	-9.2%
Low	-	-7.2%	-23.2%	11.5%	-11.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.