$SUI

S&P Dow Jones Indices said Reddit Inc. (NYSE: RDDT) will replace AvalonBay Communities (NYSE: AVB) in the S&P 500 effective Aug. 18, ahead of Equity Residential (NYSE: EQR) acquiring AVB. The merged company will be renamed Vivmark Residential (NYSE: VMRK). Sun Communities (NYSE: SUI) will replace Webster Financial (NYSE: WBS) in the S&P MidCap 400 effective Aug. 20, pending Banco Santander’s acquisition.

S&P Dow Jones Indices said Reddit (NYSE: RDDT) will be added to the S&P 500 effective before Aug. 18, 2026, replacing AvalonBay Communities (NYSE: AVB). Equity Residential (NYSE: EQR) is acquiring AVB; the combined firm will be renamed Vivmark Residential (NYSE: VMRK) and stay in the S&P 500. Sun Communities (NYSE: SUI) will join the S&P MidCap 400 before Aug. 20, 2026, replacing Webster Financial (NYSE: WBS), which is being acquired by Banco Santander (NYSE: SAN).

Sun Communities (NYSE:SUI) highlighted Q2 results on an earnings call. RV same-property NOI matched guidance, and transient RV booking pace improved. Sun raised 2026 same-property NOI growth to 4.9% (6.5% manufactured housing, 1% RV) and Core FFO to $7.02/share. It repurchased about $200M in Q2, raised leverage targets, and expects U.K. sale by year-end.

Sun Communities reported Q2 2026 results and raised full-year same-property NOI guidance to 4.9% at the midpoint, citing strength in Manufactured Housing and improving RV operations. The company is simplifying its portfolio via UK and marina divestitures, with UK sale proceeds planned to repay debt. It also outlined a $1B buyback and expects seasonal transient RV revenue in Q3.

RBC raised its price target on Sun Communities (NYSE:SUI) to $148 from $147 and kept an Outperform rating, according to the note cited in the article. The piece also references a Deutsche Bank target cut to $130 from $133 with a Hold rating and mentions SUI’s index change.

Sun Communities, Inc. (SUI) reported a second-quarter net loss attributable to common shareholders of $992.7 million, or $8.08 per share, for the quarter ended June 30. The company said revenue declined to $484.6 million, while FFO was $1.84 per share, beating estimates by $0.08.

Sun Communities, Inc. (SUI) reported Q2 results showing a net loss per share tied to a $1.1 billion non-cash charge related to a planned UK business sale. The company said continuing operations had positive net income, Core FFO per share rose year over year, Same Property NOI increased 6.0%, and full-year guidance was raised.

Sun Communities (SUI) reported Q2 2026 Core FFO of $1.84/share and net income from continuing operations of $42.3 million ($0.32/share). Consolidated net loss attributable to common shareholders was $992.7 million ($8.08/share) due to a $1.1 billion non-cash UK valuation allowance tied to a held-for-sale charge. The company raised full-year same property NOI growth guidance to 4.5%–5.3% and authorized a $1.0 billion stock repurchase program.

SUN COMMUNITIES INC (SUI) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 exhibit991pressreleaseands.htm EX-99.1 Document Sun Communities, Inc. Earnings Press Release & Supplemental Operating and Financial Data For the Quarter and Six Months Ended June 30, 2026 Page Forward-Looking Statements i Earnings Press Release and Guidance ii Overview

The article links a US chip-sector sell-off and broader market moves to rising oil prices after Houthi attacks on Saudi tankers in the Red Sea. It cites Trump comments on potential action, mixed US PMI and home sales, and Bloomberg Intelligence forecasts for Q2 earnings up about 23%. It also notes Intel’s Q3 revenue outlook and declines in other chip stocks.