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Zacks Research Has Negative Forecast for Sunoco Q1 Earnings

Sunoco logo with Energy background

Sunoco LP (NYSE:SUN - Free Report) - Research analysts at Zacks Research cut their Q1 2025 earnings per share (EPS) estimates for shares of Sunoco in a research note issued on Monday, April 21st. Zacks Research analyst R. Department now forecasts that the oil and gas company will earn $2.11 per share for the quarter, down from their prior forecast of $2.21. The consensus estimate for Sunoco's current full-year earnings is $10.65 per share. Zacks Research also issued estimates for Sunoco's Q3 2025 earnings at $2.33 EPS, Q3 2026 earnings at $2.36 EPS, Q4 2026 earnings at $2.14 EPS and Q1 2027 earnings at $2.18 EPS.

Several other analysts have also recently issued reports on SUN. Barclays lowered their target price on shares of Sunoco from $62.00 to $61.00 and set an "overweight" rating on the stock in a research note on Friday, March 28th. Mizuho upped their price objective on shares of Sunoco from $66.00 to $68.00 and gave the stock an "outperform" rating in a research report on Thursday, April 3rd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat, Sunoco currently has an average rating of "Moderate Buy" and a consensus target price of $63.83.

Read Our Latest Stock Analysis on Sunoco

Sunoco Trading Up 1.0 %

Shares of Sunoco stock opened at $59.12 on Thursday. The company's 50-day moving average price is $56.87 and its 200-day moving average price is $54.72. The company has a current ratio of 1.27, a quick ratio of 0.66 and a debt-to-equity ratio of 1.84. Sunoco has a 12-month low of $48.00 and a 12-month high of $59.67. The company has a market cap of $9.02 billion, a price-to-earnings ratio of 8.96 and a beta of 1.06.

Sunoco (NYSE:SUN - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The oil and gas company reported $0.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.48 by ($0.73). Sunoco had a net margin of 3.85% and a return on equity of 22.52%.

Institutional Investors Weigh In On Sunoco

Hedge funds and other institutional investors have recently modified their holdings of the stock. Steward Partners Investment Advisory LLC increased its stake in Sunoco by 17.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,245 shares of the oil and gas company's stock worth $64,000 after purchasing an additional 182 shares during the period. World Investment Advisors LLC increased its stake in shares of Sunoco by 5.6% in the third quarter. World Investment Advisors LLC now owns 3,800 shares of the oil and gas company's stock worth $204,000 after buying an additional 200 shares during the period. International Assets Investment Management LLC raised its holdings in Sunoco by 1.9% during the 1st quarter. International Assets Investment Management LLC now owns 11,252 shares of the oil and gas company's stock valued at $653,000 after buying an additional 208 shares during the last quarter. Newbridge Financial Services Group Inc. boosted its position in Sunoco by 6.2% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 4,256 shares of the oil and gas company's stock valued at $219,000 after buying an additional 247 shares during the period. Finally, Kingsview Wealth Management LLC grew its holdings in Sunoco by 2.7% in the 4th quarter. Kingsview Wealth Management LLC now owns 9,464 shares of the oil and gas company's stock worth $487,000 after acquiring an additional 251 shares during the last quarter. Institutional investors own 24.29% of the company's stock.

Sunoco Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 20th. Stockholders of record on Friday, May 9th will be paid a dividend of $0.8976 per share. This is a boost from Sunoco's previous quarterly dividend of $0.89. This represents a $3.59 dividend on an annualized basis and a dividend yield of 6.07%. Sunoco's dividend payout ratio (DPR) is 53.64%.

About Sunoco

(Get Free Report)

Sunoco LP, together with its subsidiaries, distributes and retails motor fuels in the United States. It operates through two segments: Fuel Distribution and Marketing, and All Other. The Fuel Distribution and Marketing segment purchases motor fuel, as well as other petroleum products, such as propane and lubricating oil from independent refiners and oil companies and supplies it to company-operated retail stores, independently operated commission agents, and retail stores, as well as other commercial customers, including unbranded retail stores, other fuel distributors, school districts, municipalities, and other industrial customers.

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Earnings History and Estimates for Sunoco (NYSE:SUN)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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