Kristopher Peter Smith Sells 105,000 Shares of Suncor Energy Inc. (TSE:SU) Stock

Suncor Energy Inc. (TSE:SU - Get Free Report) NYSE: SU Senior Officer Kristopher Peter Smith sold 105,000 shares of the stock in a transaction dated Monday, November 18th. The shares were sold at an average price of C$57.10, for a total transaction of C$5,995,185.00.

Suncor Energy Price Performance

Shares of SU stock traded up C$0.01 during trading hours on Tuesday, hitting C$57.21. 8,492,891 shares of the company's stock were exchanged, compared to its average volume of 7,873,371. The company has a market capitalization of C$72.66 billion, a PE ratio of 9.83, a PEG ratio of 0.15 and a beta of 1.47. Suncor Energy Inc. has a 12-month low of C$40.07 and a 12-month high of C$57.69. The business's 50 day simple moving average is C$52.98 and its 200-day simple moving average is C$53.16. The company has a current ratio of 1.46, a quick ratio of 0.83 and a debt-to-equity ratio of 34.98.

Suncor Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 25th were issued a $0.545 dividend. This represents a $2.18 annualized dividend and a dividend yield of 3.81%. The ex-dividend date of this dividend was Wednesday, September 4th. Suncor Energy's dividend payout ratio is 37.46%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on SU. BMO Capital Markets upgraded shares of Suncor Energy from a "market perform" rating to an "outperform" rating and set a C$62.00 target price for the company in a research report on Wednesday, August 7th. National Bankshares increased their target price on shares of Suncor Energy from C$73.00 to C$76.00 in a research report on Thursday, November 14th. Royal Bank of Canada increased their target price on shares of Suncor Energy from C$64.00 to C$66.00 in a research report on Thursday, November 14th. UBS Group increased their target price on shares of Suncor Energy from C$61.00 to C$65.00 in a research report on Monday. Finally, TD Securities increased their price target on shares of Suncor Energy from C$60.00 to C$62.00 in a report on Wednesday, November 13th. Five analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Suncor Energy currently has a consensus rating of "Moderate Buy" and a consensus price target of C$61.81.

About Suncor Energy

Suncor Energy Inc operates as an integrated energy company in Canada, the United States, and internationally. It operates through Oil Sands; Exploration and Production; and Refining and Marketing segments. The Oil Sands segment explores, develops, and produces bitumen, synthetic crude oil, and related products.