Suncor Energy FY2025 EPS Boosted by Raymond James Financial

Key Points

• Raymond James Financial has revised its FY2025 earnings per share estimate for Suncor Energy from $3.92 to $4.20, maintaining a "Market Perform" rating and a target price of $58.00.
• Suncor Energy reported a quarterly EPS of C$0.71 recently, with a calculated return on equity of 18.10% and a net margin of 15.15%.
• The company declared a quarterly dividend of $0.57 per share, resulting in an annualized payout of $2.28 and a yield of 4.2%.

Suncor Energy Inc. (TSE:SU - Free Report) NYSE: SU - Investment analysts at Raymond James Financial lifted their FY2025 earnings estimates for shares of Suncor Energy in a report issued on Wednesday, August 6th. Raymond James Financial analyst M. Barth now expects that the company will post earnings per share of $4.20 for the year, up from their prior forecast of $3.92. Raymond James Financial has a "Market Perform" rating and a $58.00 price objective on the stock. The consensus estimate for Suncor Energy's current full-year earnings is $4.42 per share. Raymond James Financial also issued estimates for Suncor Energy's FY2026 earnings at $3.36 EPS and FY2027 earnings at $3.50 EPS.

Suncor Energy (TSE:SU - Get Free Report) NYSE: SU last announced its quarterly earnings data on Tuesday, August 5th. The company reported C$0.71 earnings per share for the quarter. Suncor Energy had a net margin of 15.15% and a return on equity of 18.10%.

SU has been the topic of a number of other reports. TD Securities lifted their target price on shares of Suncor Energy from C$62.00 to C$63.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Wells Fargo & Company upped their target price on shares of Suncor Energy from C$59.00 to C$60.00 and gave the company an "overweight" rating in a report on Thursday, June 26th. Desjardins increased their price target on shares of Suncor Energy from C$64.00 to C$65.00 and gave the stock a "buy" rating in a report on Thursday, August 7th. Scotiabank increased their target price on shares of Suncor Energy from C$60.00 to C$62.00 and gave the company a "sector perform" rating in a report on Wednesday, August 6th. Finally, Jefferies Financial Group increased their price target on shares of Suncor Energy from C$48.00 to C$53.00 in a research report on Monday, July 14th. Five analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Suncor Energy presently has a consensus rating of "Moderate Buy" and a consensus price target of C$62.67.

Suncor Energy Stock Up 0.1%

Suncor Energy stock traded up C$0.05 during trading on Monday, reaching C$53.50. The stock had a trading volume of 4,476,324 shares, compared to its average volume of 7,971,462. Suncor Energy has a 52-week low of C$43.59 and a 52-week high of C$58.58. The business has a 50 day moving average price of C$53.23 and a 200 day moving average price of C$52.23. The company has a quick ratio of 0.83, a current ratio of 1.59 and a debt-to-equity ratio of 33.35. The stock has a market cap of C$67.10 billion, a PE ratio of 8.45, a P/E/G ratio of 0.15 and a beta of 1.47.

Insider Buying and Selling

In other Suncor Energy news, Director Russell Girling purchased 10,000 shares of Suncor Energy stock in a transaction on Friday, June 6th. The stock was bought at an average price of C$50.41 per share, for a total transaction of C$504,100.00. Also, Senior Officer Jacqueline Sue Moore sold 25,585 shares of the firm's stock in a transaction on Tuesday, June 17th. The shares were sold at an average price of C$55.99, for a total value of C$1,432,478.57. Insiders own 0.01% of the company's stock.

Suncor Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 25th. Investors of record on Wednesday, June 25th were given a dividend of $0.57 per share. The ex-dividend date was Wednesday, June 4th. This represents a $2.28 dividend on an annualized basis and a yield of 4.3%. Suncor Energy's payout ratio is currently 34.42%.

About Suncor Energy

Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company's PetroCanada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen.