Suncor Energy - SU Stock Forecast, Price & News

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Suncor Energy in the last twelve months. There are currently 5 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SU shares.
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15 equities research analysts have issued 12-month price objectives for Suncor Energy's shares. Their SU share price forecasts range from $38.00 to $64.00. On average, they expect the company's stock price to reach $51.38 in the next twelve months. This suggests a possible upside of 56.9% from the stock's current price.
View analysts price targets for SU or view top-rated stocks among Wall Street analysts.

Suncor Energy's stock was trading at $25.03 on January 1st, 2022. Since then, SU stock has increased by 30.8% and is now trading at $32.75.
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Suncor Energy saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 14,050,000 shares, an increase of 32.0% from the June 30th total of 10,640,000 shares. Based on an average daily volume of 8,310,000 shares, the short-interest ratio is currently 1.7 days. Currently, 1.0% of the company's shares are sold short.
View Suncor Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our SU earnings forecast.

Suncor Energy Inc. (NYSE:SU) posted its earnings results on Sunday, May, 2nd. The oil and gas producer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.05. The oil and gas producer earned $6.82 billion during the quarter, compared to analysts' expectations of $6.30 billion. Suncor Energy had a net margin of 18.33% and a trailing twelve-month return on equity of 23.51%.

Suncor Energy declared a quarterly dividend on Monday, August 8th. Shareholders of record on Friday, September 2nd will be paid a dividend of $0.3656 per share on Monday, September 26th. This represents a $1.46 annualized dividend and a yield of 4.47%. The ex-dividend date is Thursday, September 1st. This is a positive change from the stock's previous quarterly dividend of $0.36.
Read our dividend analysis for SU.

Suncor Energy (NYSE:SU) pays an annual dividend of $1.49 per share and currently has a dividend yield of 4.67%. SU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SU will have a dividend payout ratio of 27.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SU.

Based on aggregate information from My MarketBeat watchlists, some companies that other Suncor Energy investors own include Intel (INTC), AT&T (T), Pfizer (PFE), Cisco Systems (CSCO), Walt Disney (DIS), Bank of America (BAC), Verizon Communications (VZ), Exxon Mobil (XOM), Johnson & Johnson (JNJ) and QUALCOMM (QCOM).

Suncor Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "SU."

Suncor Energy's stock is owned by many different institutional and retail investors. Top institutional shareholders include Dodge & Cox (3.01%), FMR LLC (2.97%), TD Asset Management Inc. (2.12%), Mackenzie Financial Corp (1.61%), Bank of Nova Scotia (1.20%) and Artisan Partners Limited Partnership (0.92%).

Shares of SU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SU stock can currently be purchased for approximately $32.75.

Suncor Energy (NYSE:SU) has a market capitalization of $45.20 billion and generates $31.20 billion in revenue each year. The oil and gas producer earns $3.29 billion in net income (profit) each year or $5.17 on an earnings per share basis.

The company employs 16,922 workers across the globe.

Suncor Energy was founded in 1917.

Suncor Energy's mailing address is 150 - 6TH AVENUE S.W., CALGARY A0, T2P 3E3. The official website for the company is www.suncor.com. The oil and gas producer can be reached via phone at (403) 296-8000, via email at invest@suncor.com, or via fax at 403-296-3030.