Sun Communities Reports Q3 2026 Results, Updates Guidance
Sun Communities reported core FFO per share of $2.35 and same-property NOI growth of 3.6%. It completed the sale of its UK business for approximately $1.03 billion in net cash consideration, updated 2026 core FFO guidance to $7.01 per share at the midpoint, and set preliminary 2027 rental-rate guidance of 5.4% for manufactured housing and 4.4% for annual RVs.
Sun Communities, Inc. reported its third quarter 2026 financial results, with net income attributable to common shareholders of $120.7 million, or $1.00 per diluted share, compared to $8.5 million, or $0.07 per diluted share, in the same period of 2025. The company achieved core FFO per share of $2.35 and reported same property NOI growth of 3.6% for the quarter. Additionally, the company confirmed the completion of the sale of its UK business, which resulted in net cash consideration of approximately $1.03 billion.
Sun Communities also updated its 2026 guidance, now expecting core FFO per share of $7.01 at the midpoint, and established preliminary 2027 full-year rental rate guidance of 5.4% for manufactured housing and 4.4% for annual RVs.