Truist Securities Rates Sun Communities (SUI) buy

Truist Securities maintains its buy stance on Sun Communities, keeping a $138 price target in place for the residential REIT, a 15.71% upside from the current price.

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Truist Securities rated Sun Communities, Inc. ($SUI) "buy" with a $138 price target on June 26, 2026.

Since the rating, $SUI is up 1.7% after 1 week, up 1.1% after 1 month and down 0.7% to date (from the $118.93 close on Jun 26, 2026).

SUI Sun Communities, Inc.
$118.08 -0.55% year to date
Daily close · Oct 16, 2026

Key Points

  • Truist Securities analyst Anthony Hau reiterated a buy rating on Sun Communities (NYSE: SUI) with a price target of $138 on June 26, 2026.
  • Truist Securities's $138 price target implies 15.71% upside from Sun Communities, Inc.'s ($SUI) current $119.26 share price.
  • The stock changed hands at $119.26 on Friday, trading below its 50-day moving average of $120.33 and its 52-week high of $137.85.
  • Insider activity showed Executive Vice President and General Counsel Ileana Mcalary acquiring 6,905 shares on June 29, 2026.

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Truist Securities Keeps Its Buy Outlook on Sun Communities

Truist Securities analyst Anthony Hau reaffirmed a buy rating on Sun Communities, Inc. (NYSE: SUI) on June 26, 2026, keeping a price target of $138 on the residential real estate investment trust. The update comes as Wall Street firms continue to monitor the company's property portfolio and valuation metrics against a backdrop of shifting market conditions.

Analyst rating track record

Truist Securities vs. the S&P 500

YTD return -2.52% hypothetical
All-time return +1.14% S&P 500 +25.04%
vs. S&P 500 -23.90% behind the index

Hypothetical returns from Truist Securities's disclosed trades, not real profit or advice. How we model this.

Sun Communities Stock Context and Trading Levels

Shares of Sun Communities traded at $119.26 on Friday. The stock sits below its 50-day moving average of $120.33 and its 200-day moving average of $124.92, while moving within a 52-week range spanning from a low of $113.18 to a high of $137.85. The company carries a forward P/E ratio of 35.49 based on earnings estimates and maintains a market capitalization of roughly $13.85 billion.

12-month forecast

$SUI price target

Sun Communities, Inc. daily closes and this analyst's $138 target. Not advice.

Analysts Set New Price Targets

Other Wall Street firms have updated their views on the stock in recent months alongside Truist's stance. On October 14, 2026, Barclays maintained its Overweight rating while lowering its price target from $147 to $143. RBC Capital kept an Outperform rating on October 13, 2026, adjusting its target from $148 to $140. UBS maintained a Neutral rating on October 6, 2026, moving its target from $133 down to $117. Evercore ISI Group kept an Outperform rating on September 21, 2026, shifting its target from $138 to $136, and Mizuho maintained an Outperform rating on the same day with a target moved from $137 to $136. Overall, the stock carries a consensus buy recommendation from 19 analyst opinions, with a mean price target of $138.68.

Insider Buying and Selling at Sun Communities, Inc.

Recent corporate filings show insider activity alongside analyst updates. On June 29, 2026, Ileana Mcalary, who serves as Executive Vice President, General Counsel, and Secretary, acquired 6,905 shares.

About Sun Communities

Sun Communities operates as a fully integrated real estate investment trust founded in 1975 and headquartered in Southfield, Michigan. The company owns and manages a large portfolio of manufactured housing and recreational vehicle communities across the United States and Canada.

What to Watch Next for SUI

Investors will look toward the company's next scheduled earnings report on October 28, 2026, for updated financial results and operational metrics across its property portfolio.

Source: Truist Securities's rating change on $SUI (Jun 26, 2026). Written by software, not financial advice. How we make alerts

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