Deutsche Bank Maintains Hold Rating on Sun Communities (SUI)

Sun Communities, Inc. (NYSE:SUI) is one of the 10 Best Residential REITs to Buy in 2026.

On May 14, 2026, Deutsche Bank lowered the firm’s price target on Sun Communities, Inc. (NYSE:SUI) to $133 from $138 and maintained a Hold rating on the shares.

Truist also lowered the firm’s price target on Sun Communities, Inc. (NYSE:SUI) to $141 from $147 while reiterating a Buy rating as part of a broader research note on manufactured housing REITs. The firm said investors remain focused on weakness in transient RV demand along with slower home sales and occupancy trends, though it believes the recent stock pullback has become excessive given the company’s visible long-term FFO growth outlook, pricing power, and limited new supply backdrop.

Last month, Sun Communities, Inc. (NYSE:SUI) reported Q1 core FFO of $1.40 per share, versus the consensus estimate of $1.31. Revenue totaled $507.9M, versus the consensus estimate of $500.98M. CEO Charles Young said the company delivered strong first-quarter results across its North American portfolio, with same-property manufactured housing and RV NOI increasing 6.3% year over year. Management said its strategy continues to focus on disciplined capital allocation, operational optimization, and targeted investments across communities, infrastructure, and digital capabilities. Young added that sustained demand trends across the company’s portfolio continue to support long-term growth and value creation.

Sun Communities, Inc. (NYSE:SUI) is a REIT that owns, operates, and invests in manufactured housing, RV, and property communities across the United States, Canada, and the United Kingdom.

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