Suncor Energy (SU) Scheduled to Post Earnings on Tuesday

Suncor Energy (TSE:SU - Get Free Report) NYSE: SU is scheduled to release its earnings data after the market closes on Tuesday, November 12th. Analysts expect Suncor Energy to post earnings of C$1.10 per share for the quarter.

Suncor Energy (TSE:SU - Get Free Report) NYSE: SU last issued its quarterly earnings data on Tuesday, August 6th. The company reported C$1.27 EPS for the quarter, beating analysts' consensus estimates of C$1.06 by C$0.21. The firm had revenue of C$13.04 billion for the quarter, compared to analysts' expectations of C$11.59 billion. Suncor Energy had a net margin of 14.87% and a return on equity of 17.68%.

Suncor Energy Price Performance

SU traded up C$0.09 during midday trading on Tuesday, reaching C$53.18. 9,885,502 shares of the company's stock were exchanged, compared to its average volume of 7,879,854. Suncor Energy has a 1-year low of C$40.07 and a 1-year high of C$57.32. The stock has a market capitalization of C$67.54 billion, a PE ratio of 9.12, a P/E/G ratio of 0.15 and a beta of 1.47. The company has a debt-to-equity ratio of 34.98, a current ratio of 1.46 and a quick ratio of 0.83. The business's 50-day moving average price is C$52.62 and its 200 day moving average price is C$52.98.

Suncor Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 25th were paid a $0.545 dividend. This represents a $2.18 dividend on an annualized basis and a yield of 4.10%. The ex-dividend date was Wednesday, September 4th. Suncor Energy's payout ratio is currently 37.46%.

Wall Street Analyst Weigh In

SU has been the topic of a number of recent analyst reports. Raymond James set a C$52.00 price target on Suncor Energy in a research note on Tuesday, October 15th. Wolfe Research raised shares of Suncor Energy to a "strong-buy" rating in a research report on Thursday, July 18th. Desjardins upped their price target on shares of Suncor Energy from C$56.00 to C$59.00 and gave the stock a "hold" rating in a research report on Tuesday, July 23rd. TD Securities lifted their price target on shares of Suncor Energy from C$59.00 to C$60.00 and gave the company a "buy" rating in a report on Tuesday, October 1st. Finally, BMO Capital Markets upgraded Suncor Energy from a "market perform" rating to an "outperform" rating and set a C$62.00 price objective for the company in a report on Wednesday, August 7th. Six equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of C$60.46.

Insider Transactions at Suncor Energy

In related news, Senior Officer Jacqueline Sue Moore sold 37,700 shares of Suncor Energy stock in a transaction on Monday, August 19th. The shares were sold at an average price of C$56.54, for a total transaction of C$2,131,558.00. Corporate insiders own 0.01% of the company's stock.

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.