SUI Group Holdings Limited (SUIG) Q3 2025 Earnings Call Transcript
SUI Group Holdings Limited ( SUIG ) Q3 2025 Earnings Call November 13, 2025 8:00 AM EST Company Participants Marius Barnett Stephen Mackintosh - Chief Investment Officer Douglas Polinsky - Co-Founder, CEO, President & Director Joseph Geraci - Co-Founder, CFO & Director Conference Call Participants Brian Kinstlinger - Alliance Global Partners, Research Division Devin Ryan - Citizens JMP Securities, LLC, Research Division Presentation Operator Good morning, everyone, and thank you for participating in today's conference call to discuss SUI Group Holding's financial and operating results for the third quarter ended September 30, 2025. Joining us today are SUI Group's Chairman of the Board, Marius Barnett; Chief Investment Officer, Stephen Mackintosh; Chief Executive Officer, Douglas Polinsky; and Chief Financial Officer, Joseph Geraci.
Sun Communities: Fairly Valued, Flat Dividends
Sun Communities (SUI) is a REIT with a 3.8% yield, consistent profits, and a financially healthy balance sheet, but lacks strong growth catalysts. SUI's decade-long revenue growth relied heavily on debt and equity raises, with limited accretive impact for shareholders and limited dividend growth. Despite high occupancy and resilient FFO, SUI's manufactured home and RV assets lack the favorable long-term trends seen in other REIT sectors.
Sun Communities, Inc. (SUI) Q3 2025 Earnings Call Transcript
Sun Communities, Inc. ( SUI ) Q3 2025 Earnings Call October 30, 2025 2:00 PM EDT Company Participants Charles Young - CEO & Director John McLaren - President Fernando Castro-Caratini - Executive VP, CFO, Treasurer & Secretary Aaron Weiss - Executive Vice President of Corporate Strategy & Business Development Conference Call Participants Steve Sakwa - Evercore ISI Institutional Equities, Research Division James Feldman - Wells Fargo Securities, LLC, Research Division Jana Galan - BofA Securities, Research Division John Kim - BMO Capital Markets Equity Research Eric Wolfe - Citigroup Inc., Research Division Adam Kramer - Morgan Stanley, Research Division Michael Goldsmith - UBS Investment Bank, Research Division Jason Wayne - Barclays Bank PLC, Research Division Wesley Golladay - Robert W. Baird & Co. Incorporated, Research Division Brad Heffern - RBC Capital Markets, Research Division David Segall Omotayo Okusanya - Deutsche Bank AG, Research Division Presentation Operator Good afternoon, ladies and gentlemen, and thank you for standing by.
Sun Communities (SUI) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Sun Communities (SUI) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Sun Communities: Quietly Dominating One Of Real Estate's Best Niches
Sun Communities offers durable income and long-term growth, with high occupancy, inflation-resistant rents, and a sharpened focus on manufactured housing and RV communities. Recent results show strong NOI growth in manufactured housing, resilient FFO, and a stable dividend yield, supported by cost savings and high tenant retention. The balance sheet is exceptionally strong, with upgraded credit ratings, low leverage, and ample cash for future acquisitions following the marina asset sale.
Sun Communities, Inc (SUI) Q2 2025 Earnings Call Transcript
Sun Communities, Inc (NYSE:SUI ) Q2 2025 Earnings Conference Call July 31, 2025 2:00 PM ET Company Participants Fernando Castro-Caratini - Executive VP, CFO, Treasurer & Secretary Gary A. Shiffman - Chairman & CEO John Bandini McLaren - President Conference Call Participants Adam Kramer - Morgan Stanley, Research Division Bradley Barrett Heffern - RBC Capital Markets, Research Division David Segall - Green Street Advisors, LLC, Research Division Eric Jon Wolfe - Citigroup Inc., Research Division James Colin Feldman - Wells Fargo Securities, LLC, Research Division Jana Galan - BofA Securities, Research Division Jason Adam Wayne - Barclays Bank PLC, Research Division John P.
Sun Communities (SUI) Reports Q2 Earnings: What Key Metrics Have to Say
The headline numbers for Sun Communities (SUI) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Sun Communities Shines Enough As A REIT To Hold On, Despite Slowing Growth
Sun Communities gets a hold rating for my initial coverage, going contrary to both the quant and analyst consensus today. Macro demand for mobile/manufactured homes, along with low supply, is a key tailwind for this REIT who already has a high occupancy rate. This REIT has proven itself as a dividend grower over 10 years, and with positive growth in operating cashflow to support it.
Sun Communities, Inc. (SUI) Q1 2025 Earnings Conference Call Transcript
Sun Communities, Inc. (NYSE:SUI ) Q1 2025 Earnings Conference Call May 6, 2025 11:00 AM ET Company Participants Gary Shiffman - Chairman & CEO John McLaren - President Fernando Castro-Caratini - EVP, CFO, Treasurer & Secretary Conference Call Participants Michael Goldsmith - UBS Jana Galan - Bank of America Eric Wolfe - Citigroup Brad Heffern - RBC Capital Markets Wes Golladay - Baird Steve Sakwa - Evercore ISI John Kim - BMO Capital Markets Anthony Hau - Truist Securities Peter Abramowitz - Jefferies David Seagal - Green Street Operator Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Sun Communities First Quarter 2025 Earnings Conference Call.
A Solid Investment in Affordable Housing?
Explore the exciting world of Sun Communities (SUI 0.99%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
Bear Thesis Crushed As Massive Deal Leaves Bears Speechless: Sun Communities
Sun Communities sold its interest in Safe Harbor Marinas, significantly reducing leverage and strengthening its balance sheet. This transaction showcases SUI's strong financial management and strategic decision-making. Post-transaction, SUI's net debt to EBITDA drops to 2.5x-3x, making it one of the least leveraged REITs.
Sun Communities, Inc. (SUI) Q4 2024 Earnings Call Transcript
Sun Communities, Inc. (NYSE:SUI ) Q4 2024 Earnings Conference Call February 27, 2025 2:00 PM ET Company Participants Gary Shiffman - Chairman & CEO John McLaren - President Fernando Castro-Caratini - EVP, CFO, Treasurer & Secretary Conference Call Participants Wes Golladay - Baird Jana Galan - Bank of America Merrill Lynch Brad Heffern - RBC Capital Markets Nick Joseph - Citibank Jamie Feldman - Wells Fargo David Segal - Green Street Anthony Hau - Truist Securities John Kim - BMO Capital Markets Michael Goldsmith - UBS Operator Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Sun Communities Fourth Quarter and Year-End 2024 Earnings Conference Call.
