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S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of  (Ad)pixel
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
Market Wizard who made $95 million for his clients in 2008 (Ad)
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
The ONLY Way to Play Markets Like These (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of  (Ad)pixel
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
Market Wizard who made $95 million for his clients in 2008 (Ad)
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
The ONLY Way to Play Markets Like These (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of  (Ad)pixel
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
Market Wizard who made $95 million for his clients in 2008 (Ad)
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
The ONLY Way to Play Markets Like These (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
NYSE:SU

Suncor Energy - SU Stock Forecast, Price & News

$32.62
-0.41 (-1.24%)
(As of 08/19/2022 12:00 AM ET)
Add
Compare
Today's Range
$32.46
$32.90
50-Day Range
$29.53
$39.57
52-Week Range
$17.26
$42.72
Volume
3.82 million shs
Average Volume
8.00 million shs
Market Capitalization
$45.02 billion
P/E Ratio
6.31
Dividend Yield
4.51%
Price Target
$51.38

Suncor Energy MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
57.5% Upside
$51.38 Price Target
Short Interest
Healthy
1.07% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-9.89
Upright™ Environmental Score
News Sentiment
1.14mentions of Suncor Energy in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-15.91%
From $6.41 to $5.39 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.50 out of 5 stars

Oils/Energy Sector

77th out of 251 stocks

Petroleum Refining Industry

10th out of 20 stocks

SU stock logo

About Suncor Energy (NYSE:SU) Stock

Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada's Athabasca oil sands; explores, acquires, develops, produces, transports, refines, and markets crude oil in Canada and internationally; markets petroleum and petrochemical products under the Petro-Canada name primarily in Canada. It operates through Oil Sands; Exploration and Production; Refining and Marketing; and Corporate and Eliminations segments. The Oil Sands segment recovers bitumen from mining and in situ operations, and upgrades it into refinery feedstock and diesel fuel, or blends the bitumen with diluent for direct sale to market. The Exploration and Production segment is involved in offshore operations off the east coast of Canada and in the North Sea; and operating onshore assets in Libya and Syria. The Refining and Marketing segment refines crude oil and intermediate feedstock into various petroleum and petrochemical products; and markets refined petroleum products to retail, commercial, and industrial customers through its other retail sellers. The Corporate and Eliminations segment operates four wind farms in Ontario and Western Canada. The company also markets and trades in crude oil, natural gas, byproducts, refined products, and power. The company was formerly known as Suncor Inc. and changed its name to Suncor Energy Inc. in April 1997. Suncor Energy Inc. was founded in 1917 and is headquartered in Calgary, Canada.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on SU. Raymond James cut shares of Suncor Energy from an "outperform" rating to a "market perform" rating in a report on Monday, July 11th. The Goldman Sachs Group raised their price objective on shares of Suncor Energy from $38.00 to $43.00 and gave the company a "buy" rating in a report on Friday, May 20th. Credit Suisse Group reiterated an "outperform" rating and issued a $63.00 price objective on shares of Suncor Energy in a report on Thursday, August 11th. Royal Bank of Canada raised shares of Suncor Energy from a "sector perform" rating to an "outperform" rating in a research report on Tuesday, June 21st. Finally, Scotiabank increased their target price on shares of Suncor Energy from C$46.00 to C$57.00 in a research report on Wednesday, June 8th. Five research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $51.38.

Suncor Energy Trading Down 1.2 %

Shares of SU Stock traded down $0.41 during trading hours on Friday, hitting $32.62. 3,815,946 shares of the company were exchanged, compared to its average volume of 8,004,573. The firm has a market cap of $45.02 billion, a P/E ratio of 6.39, a P/E/G ratio of 0.51 and a beta of 1.26. Suncor Energy has a fifty-two week low of $17.26 and a fifty-two week high of $42.72. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.74 and a current ratio of 1.14. The company has a 50 day simple moving average of $33.34 and a two-hundred day simple moving average of $33.59.

Suncor Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 26th. Investors of record on Friday, September 2nd will be given a $0.3656 dividend. The ex-dividend date of this dividend is Thursday, September 1st. This represents a $1.46 annualized dividend and a yield of 4.48%. This is an increase from Suncor Energy's previous quarterly dividend of $0.36. Suncor Energy's dividend payout ratio (DPR) is presently 28.82%.

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SU Stock News Headlines

Sell every Stock except ONE
Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...
Sell every Stock except ONE
Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...
Why Suncor Energy (TSX:SU) Fell 8% Last Week
Suncor Energy's Net Profit Soars More Than 400%
Best Income Stocks to Buy for August 5th
Suncor Energy Reports Second Quarter 2022 Results
See More Headlines
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SU Company Calendar

Last Earnings
5/02/2021
Ex-Dividend for 6/24 Dividend
6/02/2022
Dividend Payable
6/24/2022
Today
8/19/2022
Ex-Dividend for 9/26 Dividend
9/01/2022
Dividend Payable
9/26/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Petroleum refining
Sub-Industry
N/A
Employees
16,922
Year Founded
1917

Price Target and Rating

Average Stock Price Forecast
$51.38
High Stock Price Forecast
$64.00
Low Stock Price Forecast
$38.00
Forecasted Upside/Downside
+57.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
15 Analysts

Profitability

Net Income
$3.29 billion
Pretax Margin
24.69%

Debt

Sales & Book Value

Annual Sales
$31.20 billion
Cash Flow
$5.37 per share
Book Value
$22.56 per share

Miscellaneous

Outstanding Shares
1,380,119,000
Free Float
1,366,318,000
Market Cap
$45.02 billion
Optionable
Optionable
Beta
1.26

Social Links


Key Executives

  • Mr. Kristopher P. SmithMr. Kristopher P. Smith
    CEO & Interim Pres
  • Mr. Alister Cowan
    Chief Financial Officer
  • Mr. Bruno Y. Francoeur
    Exec. VP of Bus. & Operations Services
  • Mr. Trevor Bell
    VP of Investor Relations
  • Ms. Arlene Joyce Strom
    Chief Sustainability Officer, Gen. Counsel & Corp. Sec.
  • Mr. Paul Douglas Gardner
    Chief People Officer
  • Ms. Shelley Powell
    Sr. VP of Exploration & Production and In Situ
  • Mr. Peter Zebedee
    Exec. VP of Mining & Upgrading
  • Mr. Shawn Paul Poirier
    Assistant Corp. Sec.













SU Stock - Frequently Asked Questions

Should I buy or sell Suncor Energy stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Suncor Energy in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SU shares.
View SU analyst ratings
or view top-rated stocks.

What is Suncor Energy's stock price forecast for 2022?

15 Wall Street research analysts have issued 1-year target prices for Suncor Energy's shares. Their SU share price forecasts range from $38.00 to $64.00. On average, they predict the company's share price to reach $51.38 in the next twelve months. This suggests a possible upside of 57.5% from the stock's current price.
View analysts price targets for SU
or view top-rated stocks among Wall Street analysts.

How have SU shares performed in 2022?

Suncor Energy's stock was trading at $25.03 at the beginning of 2022. Since then, SU stock has increased by 30.3% and is now trading at $32.62.
View the best growth stocks for 2022 here
.

Are investors shorting Suncor Energy?

Suncor Energy saw a increase in short interest in 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 trading volume of 8,310,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.0% of the shares of the stock are short sold.
View Suncor Energy's Short Interest
.

When is Suncor Energy's next earnings date?

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

How were Suncor Energy's earnings last quarter?

Suncor Energy Inc. (NYSE:SU) released its quarterly earnings results on Sunday, May, 2nd. The oil and gas producer reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 trailing twelve-month return on equity of 23.51% and a net margin of 18.33%.

How often does Suncor Energy pay dividends? What is the dividend yield for Suncor Energy?

Suncor Energy announced a quarterly dividend on Monday, August 8th. Investors of record on Friday, September 2nd will be given a dividend of $0.3656 per share on Monday, September 26th. This represents a $1.46 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date of this dividend is Thursday, September 1st. This is an increase from the stock's previous quarterly dividend of $0.36.
Read our dividend analysis for SU
.

Is Suncor Energy a good dividend stock?

Suncor Energy (NYSE:SU) pays an annual dividend of $1.49 per share and currently has a dividend yield of 4.51%. 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 27.64% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SU.

What other stocks do shareholders of Suncor Energy own?

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).

What is Suncor Energy's stock symbol?

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

Who are Suncor Energy's major shareholders?

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%).

How do I buy shares of Suncor Energy?

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.
Compare Top Brokerages Here.

What is Suncor Energy's stock price today?

One share of SU stock can currently be purchased for approximately $32.62.

How much money does Suncor Energy make?

Suncor Energy (NYSE:SU) has a market capitalization of $45.02 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.

How many employees does Suncor Energy have?

The company employs 16,922 workers across the globe.

Does Suncor Energy have any subsidiaries?
The following companies are subsidiares of Suncor Energy: Petro-Canada, Suncor Energy (U.S.A.) Inc., Suncor Energy (U.S.A.) Marketing Inc., Suncor Energy Marketing Inc., Suncor Energy Oil Sands Limited Partnership, Suncor Energy Products Partnership, Suncor Energy UK Limited, Suncor Energy Ventures Corporation, Suncor Energy Ventures Partnership, and Syncrude.
Read More
When was Suncor Energy founded?

Suncor Energy was founded in 1917.

How can I contact Suncor Energy?

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.

This page (NYSE:SU) was last updated on 8/20/2022 by MarketBeat.com Staff

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