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Inferra AI / Company / SUI

Sun Communities Inc.

SUI · Real Estate

Last earnings Oct 26, 2026

Key results

RV Total UK revenuequarter

6.6 %

Same Property Results For the properties owned and operated by the Company since at least January 1, 2025, the following table reflects the percentage changes for the quarter ended March 31, 2026, as compared to the same period in 2025 Quarter Ended March 31, 2026 North America MH RV Total UK Revenue 6.6 % 4.2 % 5.9 % 5.3 % Expense 7.8 % 2.3 % 5.2 % 7.3 % NOI 6.3 % 6.3 % 6.3 % 1.6 % As of March 31, 2026 MH RV MH RV UK Number of Properties 282 157 439 52 North America Same Property adjusted blended occupancy for MH and RV remained unchanged at 98.7% at March 31, 2026, from 98.7% at March 31, 2025.

SEC original ↗Sun Communities Inc. — Earnings release (8-K exhibit)EX-99Apr 27, 2026

AI analysis

Q1 2026 · reported Apr 27, 2026

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Headline figures

MetricQ1 2026Prior qtrYear ago
RV Total UK revenue6.6 %——

EX-99 · Apr 27, 2026

Guidance · company-stated

Direction: Raised

Company outlook

“i EARNINGS PRESS RELEASE April 27, 2026 Sun Communities Reports 2026 First Quarter Results Net Loss per Diluted Share of $0.07 for the Quarter Core FFO per Share of $1.40 for the Quarter North America Same Property NOI Grew by 6.3% for the Quarter Driven by Strength Across Both MH and RV North America Same Property Adjusted Blended Occupancy for MH and RV of 98.7% Raising Full-Year 2026 Core FFO per Share Guidance by $0.04, an Approximately 60 Basis Points Increase, to $6.87 to $7.07 Increasing North American Same Property NOI Growth Guidance by Approximately 25 Basis Points, to 4.2% - 5.2% Southfield, Michigan, April 27, 2026 Sun Communities, Inc.”

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

BALANCE SHEET, CAPITAL MARKETS ACTIVITY, AND OTHER ITEMS As of March 31, 2026, the Company had $4.3 billion in debt outstanding with a weighted average interest rate of 3.4% and a weighted average maturity of 6.8 years.

At March 31, 2026, the Company's Net Debt to trailing twelve-month Recurring EBITDA ratio was 3.7 times.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Sun Communities Inc. Q1 2026 — Same Property Results For the properties owned and operated by the Company since at least January 1, 2025, the following table reflects the percentage changes for the quarter ended March 31, 2026, as…

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Direction: Raised

Company outlook: “i EARNINGS PRESS RELEASE April 27, 2026 Sun Communities Reports 2026 First Quarter Results Net Loss per Diluted Share of $0.07 for the Quarter Core FFO per Share of $1.40 for the Quarter North America Same Property NOI Grew by 6.3% for the Quarter Driven by Strength Across Both MH and RV North America Same Property Adjusted Blended Occupancy for MH and RV of 98.7% Raising Full-Year 2026 Core FFO per Share Guidance by $0.04, an Approximately 60 Basis Points Increase, to $6.87 to $7.07 Increasing North American Same Property NOI Growth Guidance by Approximately 25 Basis Points, to 4.2% - 5.2% Southfield, Michigan, April 27, 2026 Sun Communities, Inc.”

Company outlook — Raised (“Raising”)
“i EARNINGS PRESS RELEASE April 27, 2026 Sun Communities Reports 2026 First Quarter Results Net Loss per Diluted Share of $0.07 for the Quarter Core FFO per Share of $1.40 for the Quarter North America Same Property NOI Grew by 6.3% for the Quarter Driven by Strength Across Both MH and RV North America Same Property Adjusted Blended Occupancy for MH and RV of 98.7% Raising Full-Year 2026 Core FFO per Share Guidance by $0.04, an Approximately 60 Basis Points Increase, to $6.87 to $7.07 Increasing North American Same Property NOI Growth Guidance by Approximately 25 Basis Points, to 4.2% - 5.2% Southfield, Michigan, April 27, 2026 Sun Communities, Inc.”

Classified from the release's primary full-year outlook statement.

Capital allocation

BALANCE SHEET, CAPITAL MARKETS ACTIVITY, AND OTHER ITEMS As of March 31, 2026, the Company had $4.3 billion in debt outstanding with a weighted average interest rate of 3.4% and a weighted average maturity of 6.8 years.

SEC original ↗Sun Communities Inc. — Earnings release (8-K exhibit)EX-99Apr 27, 2026

At March 31, 2026, the Company's Net Debt to trailing twelve-month Recurring EBITDA ratio was 3.7 times.

SEC original ↗Sun Communities Inc. — Earnings release (8-K exhibit)EX-99Apr 27, 2026

Stock Repurchase Program During the quarter ended March 31, 2026, the Company repurchased approximately 0.5 million shares of the Company's common stock at an average price of $126.45 per share for a total of $60.1 million.

SEC original ↗Sun Communities Inc. — Earnings release (8-K exhibit)EX-99Apr 27, 2026

(c) As of March 31, 2026, the Company has no floating rate debt.

SEC original ↗Sun Communities Inc. — Earnings release (8-K exhibit)EX-99Apr 27, 2026

(d) As of March 31, 2026, the Company did not have any borrowings outstanding under its senior credit facility.

SEC original ↗Sun Communities Inc. — Earnings release (8-K exhibit)EX-99Apr 27, 2026

Capital Expenditures - The Company classifies its investments in properties into the following categories Recurring Capital Expenditures - Property recurring capital expenditures are necessary to maintain asset quality, including purchasing and replacing items used to operate the communities.

SEC original ↗Sun Communities Inc. — Earnings release (8-K exhibit)EX-99Apr 27, 2026

Strategy & priorities

For this purpose, any statements contained in this document that relate to expectations, beliefs, projections, future plans and strategies, trends or prospective events or developments, and similar expressions concerning matters that are not historical facts are deemed to be forward-looking statements.

SEC original ↗Sun Communities Inc. — Earnings release (8-K exhibit)EX-99Apr 27, 2026

I'm pleased with the Company s strong first quarter results, continuing our momentum as we execute on our strategy, said Charles Young, Chief Executive Officer.

SEC original ↗Sun Communities Inc. — Earnings release (8-K exhibit)EX-99Apr 27, 2026

Our strategy is anchored in three core pillars disciplined capital allocation, optimization of our platform, and targeted investment in our communities, infrastructure, and digital capabilities.

SEC original ↗Sun Communities Inc. — Earnings release (8-K exhibit)EX-99Apr 27, 2026

As we look ahead, I am confident that our strategy combined with successful execution of our capital priorities will deliver sustainable growth and create lasting value for all stakeholders, while providing exceptional communities and experiences for our residents and guests.

SEC original ↗Sun Communities Inc. — Earnings release (8-K exhibit)EX-99Apr 27, 2026

Adjusting for recently delivered and vacant expansion sites, Same Property adjusted blended occupancy for MH and RV remained at 98.7% at March 31, 2026, from 98.7% at March 31, 2025.

SEC original ↗Sun Communities Inc. — Earnings release (8-K exhibit)EX-99Apr 27, 2026

Risks & headwinds

These forward-looking statements reflect the Company's current views with respect to future events and financial performance, but involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this document, some of which are beyond the Company's control.

SEC original ↗Sun Communities Inc. — Earnings release (8-K exhibit)EX-99Apr 27, 2026

These risks and uncertainties may cause the Company's actual results to be materially different from any future results expressed or implied by such forward-looking statements.

SEC original ↗Sun Communities Inc. — Earnings release (8-K exhibit)EX-99Apr 27, 2026

In addition to the risks described under Risk Factors contained in the Company's Annual Report on Form 10-K for the year ended December 31, 2025 and in other filings with the Securities and Exchange Commission from time to time, such risks, uncertainties and other factors include those described under the heading Cautionary Statement Regarding Forward-Looking Statements in the accompanying press release.

SEC original ↗Sun Communities Inc. — Earnings release (8-K exhibit)EX-99Apr 27, 2026

These forward-looking statements reflect the Company's current views with respect to future events and financial performance, but involve known and unknown risks, uncertainties, and other factors, both general and specific to the matters discussed in this document, some of which are beyond the Company's control.

SEC original ↗Sun Communities Inc. — Earnings release (8-K exhibit)EX-99Apr 27, 2026

These risks, uncertainties, and other factors may cause the Company's actual results to be materially different from any future results expressed or implied by such forward-looking statements.

SEC original ↗Sun Communities Inc. — Earnings release (8-K exhibit)EX-99Apr 27, 2026

dollar and each of the British pound sterling, Canadian dollar, and Australian dollar The Company's ability to maintain its status as a REIT Changes in real estate and zoning laws and regulations The Company's ability to maintain rental rates and occupancy levels Legislative or regulatory changes, including changes to laws governing the taxation of REITs Outbreaks of disease and related restrictions on business operations Risks related to natural disasters such as hurricanes, earthquakes, floods, droughts, and wildfires and Litigation, judgments or settlements, including costs associated with prosecuting or defending claims and any adverse outcomes.

SEC original ↗Sun Communities Inc. — Earnings release (8-K exhibit)EX-99Apr 27, 2026

Documents

Earnings deck slides

0 decks with slide view

Sun Communities Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

KE Holdings (BEKE) Real EstateInvitation Homes (INVH) Real EstateEquinix (EQIX) Real EstateAlexandria Real Estate Equities (ARE) Real EstateIron Mountain (IRM) Real EstateVici Properties (VICI) Real EstateMid-America Apartment Communities (MAA) Real EstateVivmark Residential (VMRK) Real Estate

Filings

31 documents

Earnings releases

17 documents

Presentations

1 document

Transcripts

0 documents

No transcripts for Sun Communities Inc. are held in this edition of the library.

Mentioned by

2 companies

Other tracked companies whose held documents mention Sun Communities Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.