Sun Communities Q3 Core FFO Rises to $2.35 per Share; Nine-Month Net Loss $880.7 Million
Sun Communities reported third-quarter 2026 results, with Core FFO per share of $2.35 and net income of $1.00 per diluted share including a loss from discontinued operations. The company completed the sale of its UK business on September 22, 2026, which is reflected in a nine-month net loss attributable to common shareholders of $880.7 million, or $7.14 per diluted share. Shareholders should weigh the quarter's year-over-year gains against that large nine-month loss.
Key points
- Q3 2026 net income per diluted share was $1.00, or $1.07 from continuing operations, compared with $0.07 and a $0.45 loss from continuing operations a year earlier.
- Q3 2026 Core FFO per share was $2.35, up from $2.28 in Q3 2025; same property NOI grew 3.6% for the quarter.
- Nine-month net loss attributable to common shareholders was $880.7 million, or $7.14 per diluted share, versus net income of $1.2 billion a year earlier.
- Updated 2026 Core FFO per share guidance is $6.97 to $7.05; North America same property NOI growth guidance is 4.9% to 5.3%.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:18 PM ET, from the text of the filing and its press-release exhibits only.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.