Suncor Energy (SU) to Release Earnings on Tuesday

Suncor Energy (NYSE:SU - Get Free Report) TSE: SU is projected to post its Q1 2025 quarterly earnings results after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.95 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 results on Wednesday, February 5th. The oil and gas producer reported $0.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.07. Suncor Energy had a return on equity of 15.37% and a net margin of 11.80%. 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 Performance

Shares of SU traded up $0.33 during trading hours on Friday, hitting $36.03. The stock had a trading volume of 4,664,783 shares, compared to its average volume of 4,490,169. Suncor Energy has a 12 month low of $30.79 and a 12 month high of $41.95. The stock has a fifty day moving average price of $35.85 and a 200 day moving average price of $37.56. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.33 and a quick ratio of 0.86. The firm has a market capitalization of $44.43 billion, a PE ratio of 10.44, a PEG ratio of 2.94 and a beta of 0.79.

Suncor Energy Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 4th were paid a dividend of $0.399 per share. The ex-dividend date was Tuesday, March 4th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.43%. Suncor Energy's dividend payout ratio is currently 45.51%.

Analyst Ratings Changes

Several brokerages recently issued reports on SU. Cibc World Mkts upgraded shares of Suncor Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 11th. Bank of America initiated coverage on shares of Suncor Energy in a research report on Wednesday, February 26th. They set a "neutral" rating for the company. StockNews.com cut Suncor Energy from a "buy" rating to a "hold" rating in a report on Thursday, April 17th. Royal Bank of Canada reissued an "outperform" rating and set a $66.00 price target on shares of Suncor Energy in a report on Tuesday, January 7th. Finally, Tudor, Pickering, Holt & Co. raised Suncor Energy from a "hold" rating to a "buy" rating in a research note on Monday, February 10th. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $59.20.

Suncor Energy Company Profile

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.