Suncor Energy (SU) to Release Earnings on Wednesday

Suncor Energy (NYSE:SU - Get Free Report) TSE: SU will likely be issuing its quarterly earnings data before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.81 per share and revenue of $13.44 billion for the quarter. Parties interested in participating in the company's conference call can do so using this link.

Suncor Energy (NYSE:SU - Get Free Report) TSE: SU last posted its quarterly earnings results on Wednesday, February 5th. The oil and gas producer reported $0.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.82 by $0.07. Suncor Energy had a return on equity of 15.33% and a net margin of 11.80%. On average, analysts expect Suncor Energy to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Suncor Energy Trading Down 1.1 %

SU stock traded down $0.42 during trading on Friday, reaching $39.53. 3,955,278 shares of the stock traded hands, compared to its average volume of 4,417,325. The business's 50 day moving average price is $37.73 and its 200-day moving average price is $38.60. Suncor Energy has a 52-week low of $31.46 and a 52-week high of $41.94. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.59 and a quick ratio of 1.04. The firm has a market capitalization of $49.20 billion, a PE ratio of 11.46, a P/E/G ratio of 2.96 and a beta of 1.12.

Suncor Energy Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 4th will be given a dividend of $0.399 per share. This represents a $1.60 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date is Tuesday, March 4th. Suncor Energy's dividend payout ratio (DPR) is presently 46.67%.

Analyst Upgrades and Downgrades

SU has been the subject of a number of research reports. Desjardins raised Suncor Energy from a "hold" rating to a "buy" rating in a research report on Thursday, November 14th. Royal Bank of Canada reissued an "outperform" rating and set a $66.00 price target on shares of Suncor Energy in a research report on Tuesday, January 7th. Cibc World Mkts raised Suncor Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday. StockNews.com raised Suncor Energy from a "hold" rating to a "buy" rating in a research report on Tuesday, January 14th. Finally, Tudor Pickering raised Suncor Energy from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 10th. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $58.00.

Suncor Energy Company Profile

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.