What is Zacks Research's Forecast for Sunoco Q3 Earnings?

Sunoco LP (NYSE:SUN - Free Report) - Research analysts at Zacks Research decreased their Q3 2025 earnings per share estimates for shares of Sunoco in a report issued on Tuesday, May 27th. Zacks Research analyst R. Department now forecasts that the oil and gas company will post earnings per share of $1.98 for the quarter, down from their previous forecast of $2.33. The consensus estimate for Sunoco's current full-year earnings is $10.65 per share. Zacks Research also issued estimates for Sunoco's FY2025 earnings at $6.80 EPS, Q1 2026 earnings at $1.78 EPS, Q3 2026 earnings at $2.10 EPS, Q4 2026 earnings at $1.93 EPS, FY2026 earnings at $7.67 EPS and FY2027 earnings at $8.89 EPS.

A number of other research analysts have also recently commented on SUN. JPMorgan Chase & Co. upped their price target on Sunoco from $63.00 to $66.00 and gave the company an "overweight" rating in a research report on Thursday, April 24th. Barclays dropped their price objective on Sunoco from $62.00 to $61.00 and set an "overweight" rating on the stock in a report on Friday, March 28th. Finally, Mizuho increased their price objective on Sunoco from $66.00 to $68.00 and gave the stock an "outperform" rating in a report on Thursday, April 3rd. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $64.33.

Sunoco Stock Performance

Shares of NYSE SUN traded up $0.05 during trading on Friday, reaching $53.70. 88,060 shares of the stock traded hands, compared to its average volume of 447,498. Sunoco has a 52-week low of $48.00 and a 52-week high of $59.88. The company has a debt-to-equity ratio of 1.84, a current ratio of 1.27 and a quick ratio of 0.66. The company has a 50-day moving average of $55.98 and a 200-day moving average of $55.55. The stock has a market capitalization of $8.20 billion, a P/E ratio of 8.14 and a beta of 0.67.

Sunoco (NYSE:SUN - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The oil and gas company reported $1.21 EPS for the quarter, missing analysts' consensus estimates of $1.69 by ($0.48). Sunoco had a net margin of 3.85% and a return on equity of 22.52%. The firm had revenue of $5.18 billion for the quarter, compared to analysts' expectations of $5.58 billion. During the same period in the prior year, the company earned $2.26 EPS. The firm's quarterly revenue was down 5.8% on a year-over-year basis.

Sunoco Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 20th. Investors of record on Friday, May 9th were given a dividend of $0.8976 per share. This represents a $3.59 annualized dividend and a yield of 6.69%. This is a positive change from Sunoco's previous quarterly dividend of $0.89. The ex-dividend date of this dividend was Friday, May 9th. Sunoco's dividend payout ratio (DPR) is presently 64.68%.

Hedge Funds Weigh In On Sunoco

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Steward Partners Investment Advisory LLC grew its position in shares of Sunoco by 17.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,245 shares of the oil and gas company's stock worth $64,000 after buying an additional 182 shares during the last quarter. EP Wealth Advisors LLC lifted its stake in shares of Sunoco by 2.2% in the 1st quarter. EP Wealth Advisors LLC now owns 8,590 shares of the oil and gas company's stock valued at $499,000 after purchasing an additional 186 shares during the period. International Assets Investment Management LLC lifted its stake in shares of Sunoco by 1.9% in the 1st quarter. International Assets Investment Management LLC now owns 11,252 shares of the oil and gas company's stock valued at $653,000 after purchasing an additional 208 shares during the period. Newbridge Financial Services Group Inc. lifted its stake in shares of Sunoco by 6.2% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 4,256 shares of the oil and gas company's stock valued at $219,000 after purchasing an additional 247 shares during the period. Finally, Kingsview Wealth Management LLC lifted its stake in shares of Sunoco by 2.7% in the 4th quarter. Kingsview Wealth Management LLC now owns 9,464 shares of the oil and gas company's stock valued at $487,000 after purchasing an additional 251 shares during the period. 24.29% of the stock is currently owned by institutional investors.

About Sunoco

Sunoco LP, together with its subsidiaries, distributes and retails motor fuels in the United States. It operates through two segments: Fuel Distribution and Marketing, and All Other. The Fuel Distribution and Marketing segment purchases motor fuel, as well as other petroleum products, such as propane and lubricating oil from independent refiners and oil companies and supplies it to company-operated retail stores, independently operated commission agents, and retail stores, as well as other commercial customers, including unbranded retail stores, other fuel distributors, school districts, municipalities, and other industrial customers.