Suncor Energy (SU) Projected to Post Quarterly Earnings on Tuesday

Suncor Energy (NYSE:SU - Get Free Report) TSE: SU is expected to release its Q1 2025 earnings data after the market closes on Tuesday, May 6th. Analysts expect Suncor Energy to post earnings of $0.86 per share and revenue of $13.39 billion for the quarter.

Suncor Energy (NYSE:SU - Get Free Report) TSE: SU last released its quarterly earnings data on Tuesday, May 6th. The oil and gas producer reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.05. Suncor Energy had a net margin of 11.80% and a return on equity of 15.37%. The company had revenue of $9.10 billion during the quarter, compared to analysts' expectations of $13.39 billion. During the same period in the previous year, the company earned $1.41 EPS. On average, analysts expect Suncor Energy to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Suncor Energy Stock Up 1.4 %

NYSE:SU traded up $0.49 during mid-day trading on Friday, reaching $34.74. The company's stock had a trading volume of 979,174 shares, compared to its average volume of 4,560,497. Suncor Energy has a 1 year low of $30.79 and a 1 year high of $41.95. The firm has a market capitalization of $42.84 billion, a PE ratio of 10.07, a price-to-earnings-growth ratio of 2.94 and a beta of 0.79. The company has a quick ratio of 0.86, a current ratio of 1.33 and a debt-to-equity ratio of 0.21. The stock has a fifty day moving average of $35.60 and a 200-day moving average of $37.45.

Suncor Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 4th will be issued a $0.4133 dividend. The ex-dividend date of this dividend is Wednesday, June 4th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 4.76%. This is a boost from Suncor Energy's previous quarterly dividend of $0.40. Suncor Energy's dividend payout ratio (DPR) is currently 45.24%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Cibc World Mkts raised shares of Suncor Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 11th. StockNews.com cut shares of Suncor Energy from a "buy" rating to a "hold" rating in a research note on Thursday, April 17th. Scotiabank raised shares of Suncor Energy to a "hold" rating in a research note on Wednesday, March 19th. Tudor, Pickering, Holt & Co. upgraded shares of Suncor Energy from a "hold" rating to a "buy" rating in a report on Monday, February 10th. Finally, Bank of America began coverage on shares of Suncor Energy in a research note on Wednesday, February 26th. They issued a "neutral" rating for the company. Five equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $59.20.

About Suncor Energy

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.