NYSE:SUIResidential REITs
Why Sun Communities (SUI) Is Up 6.9% After Beating Core FFO Guidance And Announcing $1B Buyback
Sun Communities, Inc. has now reported its second-quarter 2026 results, with sales of US$422.7 million and revenue of US$484.6 million, but a net loss of US$992.7 million that translated into a basic loss per share of US$8.06.
Beneath the headline loss, the company delivered core funds from operations of US$1.84 per share above guidance, raised its full-year outlook, authorized a US$1 billion share repurchase program, and completed the sale of its U.K. business to concentrate on its North...