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Sun Communities

SUINYSEStock Fundamentals

Sun Communities, Inc. is a leading fully integrated real estate investment trust (REIT) that specializes in the ownership, operation, and development of manufactured housing (MH) and recreational vehicle (RV) communities. The company provides affordable housing and vacation opportunities across the United States, Canada, and the United Kingdom, leveraging a vertically integrated model that includes home sales and leasing through its taxable REIT subsidiaries.

Market Cap$15.4B
Revenue TTM$2.3B
Net Income TTM$1.4B
P/E Ratio10.77
Net Margin62.02%
EPS TTM$10.84
Employees6.8K
CEOCharles D. Young
CountryUnited States of America
Real Estate
REIT - Residential
SegmentsResidential REITs, Hospitality, Manufactured Housing
Business ModelsREIT, Land Lease, Direct-to-Consumer Sales, Property Management
Most Recent EarningsApr 27, 2026 · 1 month 5 days agoQ4 2026
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Next EarningsJul 29, 2026 · in 2 monthsAfter Market Close · Q1 2027

Financials

Based on Q4 2026 filing

ROE20.92%
D/E0.67%
Total Debt$45.5M
Cash$497.0M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Manufactured Housing (MH) Communities

primary

Residential subdivisions offering affordable detached single-family housing. The company leases individual land sites with utility access to residents who typically own their manufactured homes.

Products

MH sites, Sun Home Services (SHS) home sales, SHS home leasing

Customers

Individual homeowners, Long-term residential tenants

Recreational Vehicle (RV) Communities

major

Resort-style properties offering affordable vacation opportunities with high-quality amenities. These communities provide sites for RVs and vacation rental homes for varying lengths of stay.

Products

Sun Outdoors, Annual RV sites, Transient RV sites, Vacation rentals

Customers

Vacationers, Seasonal residents, Short-term travelers

UK Communities

moderate

Holiday parks located primarily in seaside destinations in the south of England. The business model involves selling homes to holiday homeowners and leasing pitches through site fee license arrangements.

Products

Park Holidays, UK annual sites, UK transient RV sites, Holiday home sales

Customers

Holiday homeowners, Short-stay vacationers

Segment Financials

MH — Home sales

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MH — Inventory of manufactured homes

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UK — Home sales

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RV — Home sales

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RV — Number of properties sold

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RV — Lease Income, Nontransient

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UK — Lease Income, Transient

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UK — Lease Income, Nontransient

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Business Overview

Competitive Position

A leading owner-operator of MH and RV communities with a significant presence in the U.S. and a growing footprint in the UK holiday park market.

Geographies

United States, United Kingdom, Canada

Customer Segments

Affordable housing seekers, Outdoor enthusiasts, Retirees, Vacationers

Upstream Dependencies

Manufactured home producers, Land developers, Utility providers, Municipalities (zoning and permits)

Downstream Customers

Residential homeowners, RV owners, Vacation renters, Holiday park guests

Competitors & Partners

Subsidiaries

S

Sun Communities Operating Limited Partnership

The primary operating partnership through which the REIT conducts its business.

S

Sun Home Services, Inc.

Taxable REIT subsidiary that markets, sells, and leases homes in MH and RV communities.

P

Park Holidays

UK-based subsidiary operating holiday parks and seaside communities.

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Sun Communities FAQ

Common questions about Sun Communities

Sun Communities, Inc. is a leading fully integrated real estate investment trust (REIT) that specializes in the ownership, operation, and development of manufactured housing (MH) and recreational vehicle (RV) communities. The company provides affordable housing and vacation opportunities across the United States, Canada, and the United Kingdom, leveraging a vertically integrated model that includes home sales and leasing through its taxable REIT subsidiaries.

Sun Communities (SUI) has a market capitalization of $15.4B and trades on NYSE.

Sun Communities generated $2.3B in trailing twelve-month revenue with net income of $1.4B, representing a net margin of 62.0%. These figures are based on the Q2 2026 filing.

Sun Communities's key competitors include Equity LifeStyle Properties, Inc., UMH Properties, Inc.. These companies compete in similar markets and product categories.

Sun Communities has approximately 6,780 employees.