Suncor Energy Inc. (TSE:SU) Senior Officer Jacqueline Sue Moore Sells 25,585 Shares

Suncor Energy Inc. (TSE:SU - Get Free Report) NYSE: SU Senior Officer Jacqueline Sue Moore sold 25,585 shares of the business's stock in a transaction that occurred 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.

Suncor Energy Stock Up 0.1%

Shares of TSE SU traded up C$0.06 during mid-day trading on Friday, reaching C$55.20. 10,506,752 shares of the company's stock were exchanged, compared to its average volume of 8,705,202. The firm has a market capitalization of C$69.23 billion, a price-to-earnings ratio of 8.72, a PEG ratio of 0.15 and a beta of 1.47. The company has a current ratio of 1.59, a quick ratio of 0.83 and a debt-to-equity ratio of 33.35. The business has a fifty day simple moving average of C$50.02 and a 200 day simple moving average of C$52.30. Suncor Energy Inc. has a twelve month low of C$43.59 and a twelve month high of C$58.58.

Suncor Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Wednesday, June 25th will be given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date of this dividend is Wednesday, June 4th. Suncor Energy's dividend payout ratio is currently 34.42%.

Analyst Ratings Changes

A number of brokerages have weighed in on SU. Desjardins lowered their price target on Suncor Energy from C$63.00 to C$62.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Jefferies Financial Group upped their price target on Suncor Energy from C$58.00 to C$59.00 in a research report on Monday, February 24th. JPMorgan Chase & Co. lowered their price target on Suncor Energy from C$63.00 to C$62.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. TD Securities lowered their price target on Suncor Energy from C$63.00 to C$62.00 and set a "buy" rating on the stock in a research report on Wednesday, May 7th. Finally, Raymond James Financial upped their price target on Suncor Energy from C$54.00 to C$56.00 and gave the company a "market perform" rating in a research report on Thursday, May 8th. Four investment analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of C$62.58.

Suncor Energy Company Profile

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.