Suncor Energy (SU) to Release Earnings on Tuesday

Suncor Energy (NYSE:SU - Get Free Report) TSE: SU is expected to announce its Q1 2025 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 earnings results on Wednesday, February 5th. The oil and gas producer reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate 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 Price Performance

Shares of Suncor Energy stock traded up $0.40 on Thursday, hitting $35.69. 4,798,893 shares of the company traded hands, compared to its average volume of 4,478,971. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 1.33. The stock has a market capitalization of $44.01 billion, a P/E ratio of 10.35, a price-to-earnings-growth ratio of 2.94 and a beta of 0.79. The business has a 50-day simple moving average of $35.90 and a 200 day simple moving average of $37.58. Suncor Energy has a 52 week low of $30.79 and a 52 week high of $41.95.

Suncor Energy Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Tuesday, March 4th were given a $0.399 dividend. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.47%. Suncor Energy's dividend payout ratio is currently 45.51%.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Scotiabank raised shares of Suncor Energy to a "hold" rating in a report on Wednesday, March 19th. Royal Bank of Canada reissued an "outperform" rating and issued a $66.00 price objective on shares of Suncor Energy in a research report on Tuesday, January 7th. Tudor, Pickering, Holt & Co. upgraded Suncor Energy from a "hold" rating to a "buy" rating in a research note on Monday, February 10th. StockNews.com lowered shares of Suncor Energy from a "buy" rating to a "hold" rating in a report on Thursday, April 17th. Finally, Cibc World Mkts raised shares of Suncor Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 11th. Five research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target 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.