Suncor Energy (SU) Stock Price, News & Analysis

Company Overview

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. This segment also engages in oil sands mining. The Exploration and Production segment is involved in offshore operations in the East Coast of Canada; and marketing and risk management of crude oil and natural gas. The Refining and Marketing segment engages in the refining of crude oil products; and distribution, marketing, transportation, and risk management of refined and petrochemical products, and other purchased products through the retail and wholesale networks. This segment is also involved in the trading of crude oil, refined products, natural gas, and power. The company was formerly known as Suncor Inc. and changed its name to Suncor Energy Inc. in April 1997. Suncor Energy Inc. was founded in 1917 and is headquartered in Calgary, Canada. Suncor Energy Inc.

Key Stats

• Today's Range: C$53.02 to C$53.80
• 50-Day Range: C$48.96 to C$57.15
• 52-Week Range: C$40.07 to C$57.32
• Volume: 2.74 million shs
• Average Volume: 8.16 million shs
• Market Capitalization: C$68.31 billion
• P/E Ratio: 9.24
• Dividend Yield: 4.05%
• Price Target: C$60.04
• Consensus Rating: Moderate Buy

Suncor Energy Stock Analysis - MarketRank™

Suncor Energy scored higher than 81% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Suncor Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.62, and is based on 6 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Suncor Energy has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Suncor Energy is 9.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.32.

Price to Earnings Ratio vs. Sector

The P/E ratio of Suncor Energy is 9.24, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 99.99.

Price to Earnings Growth Ratio

Suncor Energy has a PEG Ratio of 0.15. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Suncor Energy has a P/B Ratio of 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SU.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Suncor Energy is a leading dividend payer. It pays a dividend yield of 4.13%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Suncor Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Suncor Energy is 37.46%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for SU.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.35

News Sentiment

Suncor Energy has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Suncor Energy this week, compared to 4 articles on an average week.

Search Interest

Only 11 people have searched for SU on MarketBeat in the last 30 days. This is a decrease of -79% compared to the previous 30 days.

MarketBeat Follows

Only 6 people have added Suncor Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Suncor Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$2,131,558.00 in company stock.

Percentage Held by Insiders

Only 0.01% of the stock of Suncor Energy is held by insiders.

Percentage Held by Institutions

73.11% of the stock of Suncor Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SU Stock Analysis - Frequently Asked Questions

How have SU shares performed this year?

Suncor Energy's stock was trading at C$42.45 on January 1st, 2024. Since then, SU shares have increased by 26.7% and is now trading at C$53.79.
View the best growth stocks for 2024 here.

How were Suncor Energy's earnings last quarter?

Suncor Energy Inc. (TSE:SU) issued its quarterly earnings data on Tuesday, August, 6th. The company reported $1.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.06 by $0.21. The business had revenue of $13.04 billion for the quarter, compared to analyst estimates of $11.59 billion. Suncor Energy had a net margin of 14.87% and a trailing twelve-month return on equity of 17.68%.

How do I buy shares of Suncor Energy?

Shares of SU stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Suncor Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Suncor Energy investors own include Enbridge (ENB), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), Canadian Natural Resources (CNQ), Meta Platforms (META), Royal Bank of Canada (RY) and BCE (BCE).

Company Calendar

• Last Earnings: 8/06/2024
• Ex-Dividend for 9/25 Dividend: 9/04/2024
• Dividend Payable: 9/25/2024
• Today: 10/17/2024
• Next Earnings (Estimated): 11/13/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas Integrated
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: TSE:SU
• CUSIP: N/A
• CIK: N/A
• Web: www.suncor.com
• Phone: +1-403-2968000
• Fax: N/A
• Employees: 16,600
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$60.04
• High Stock Price Target: C$73.00
• Low Stock Price Target: C$52.00
• Potential Upside/Downside: +11.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.62
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$5.82
• Trailing P/E Ratio: 9.24
• Forward P/E Ratio: 12.17
• P/E Growth: 0.15
• Net Income: C$7.54 billion
• Net Margins: 14.87%
• Pretax Margin: N/A
• Return on Equity: 17.68%
• Return on Assets: 7.01%

Debt

• Debt-to-Equity Ratio: 34.98
• Current Ratio: 1.46
• Quick Ratio: 0.83

Sales & Book Value

• Annual Sales: C$50.73 billion
• Price / Sales: 1.35
• Cash Flow: C$4.57 per share
• Price / Cash Flow: 11.77
• Book Value: C$34.88 per share
• Price / Book: 1.54

Miscellaneous

• Outstanding Shares: 1,270,000,000
• Free Float: N/A
• Market Cap: C$68.31 billion
• Optionable: Not Optionable
• Beta: 1.47