Zacks Research Forecasts Sunoco's Q1 Earnings (NYSE:SUN)

Sunoco LP (NYSE:SUN - Free Report) - Stock analysts at Zacks Research dropped their Q1 2026 earnings per share estimates for Sunoco in a research report issued to clients and investors on Wednesday, March 19th. Zacks Research analyst R. Department now expects that the oil and gas company will post earnings per share of $2.16 for the quarter, down from their prior forecast of $2.22. The consensus estimate for Sunoco's current full-year earnings is $10.65 per share. Zacks Research also issued estimates for Sunoco's Q2 2026 earnings at $2.05 EPS, Q3 2026 earnings at $2.34 EPS, Q4 2026 earnings at $2.11 EPS, FY2026 earnings at $8.67 EPS and FY2027 earnings at $9.05 EPS.

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

Several other research analysts have also weighed in on the stock. Mizuho lifted their price objective on shares of Sunoco from $61.00 to $66.00 and gave the stock an "outperform" rating in a research note on Monday, February 3rd. Royal Bank of Canada lifted their price target on shares of Sunoco from $63.00 to $64.00 and gave the stock an "outperform" rating in a research report on Monday, December 9th. Finally, Barclays boosted their price target on shares of Sunoco from $59.00 to $62.00 and gave the company an "overweight" rating in a report on Friday, March 14th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $63.67.

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Sunoco Trading Up 0.5 %

SUN traded up $0.26 during midday trading on Friday, reaching $57.26. 274,084 shares of the company were exchanged, compared to its average volume of 495,706. The stock has a market capitalization of $8.74 billion, a P/E ratio of 8.68 and a beta of 1.35. Sunoco has a one year low of $49.45 and a one year high of $61.20. The stock's 50-day simple moving average is $57.16 and its 200 day simple moving average is $54.37. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.66 and a current ratio of 1.27.

Institutional Trading of Sunoco

Hedge funds and other institutional investors have recently modified their holdings of the company. Invesco Ltd. grew its holdings in shares of Sunoco by 2.3% during the fourth quarter. Invesco Ltd. now owns 8,868,926 shares of the oil and gas company's stock worth $456,218,000 after buying an additional 198,859 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Sunoco by 5.2% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,608,701 shares of the oil and gas company's stock worth $134,192,000 after acquiring an additional 128,042 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Sunoco by 26.2% in the third quarter. JPMorgan Chase & Co. now owns 2,191,570 shares of the oil and gas company's stock valued at $117,644,000 after purchasing an additional 455,361 shares during the last quarter. Infrastructure Capital Advisors LLC lifted its position in shares of Sunoco by 3.1% in the third quarter. Infrastructure Capital Advisors LLC now owns 1,087,407 shares of the oil and gas company's stock worth $58,372,000 after purchasing an additional 32,239 shares in the last quarter. Finally, Recurrent Investment Advisors LLC boosted its holdings in Sunoco by 2.9% during the fourth quarter. Recurrent Investment Advisors LLC now owns 888,862 shares of the oil and gas company's stock worth $45,723,000 after purchasing an additional 24,686 shares during the last quarter. Institutional investors and hedge funds own 24.29% of the company's stock.

Sunoco Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Friday, February 7th were paid a $0.8865 dividend. The ex-dividend date of this dividend was Friday, February 7th. This is a positive change from Sunoco's previous quarterly dividend of $0.88. This represents a $3.55 dividend on an annualized basis and a yield of 6.19%. Sunoco's dividend payout ratio is presently 53.64%.

Sunoco Company Profile

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.