NYSE:SU

Suncor Energy - SU Stock Forecast, Price & News

$32.02

+1.38 (+4.50%)

(As of 10/4/2022 12:00 AM ET)

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Today's Range: $31.01
▼
$32.05
50-Day Range: $26.65
▼
$34.91
52-Week Range: $21.19
▼
$42.72

Volume: 5.86 million shs
Average Volume: 7.52 million shs
Market Capitalization: $43.75 billion

P/E Ratio: 6.19
Dividend Yield: 4.67%
Price Target: $50.54

Suncor Energy MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.71 Rating Score
Upside/Downside: 57.8% Upside
$50.54 Price Target
Short Interest: Healthy
4.45% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -9.89
Upright™ Environmental Score
News Sentiment: 0.71
Based on 13 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -20.57%
From $6.61 to $5.25 Per Share

Overall MarketRank^™

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

2.64 out of 5 stars

Oils/Energy Sector

47th out of 257 stocks

Petroleum Refining Industry

5th out of 20 stocks

3.4

Analyst's Opinion

Consensus Rating
Suncor Energy has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 10 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $50.54, Suncor Energy has a forecasted upside of 57.8% from its current price of $32.02.
Amount of Analyst Coverage
Suncor Energy has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
4.45% of the float of Suncor Energy has been sold short.
Short Interest Ratio / Days to Cover
Suncor Energy has a short interest ratio ("days to cover") of 9.8.
Change versus previous month
Short interest in Suncor Energy has recently decreased by 13.68%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Leadership
Suncor Energy is a leading dividend payer. It pays a dividend yield of 4.67%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Suncor Energy does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Suncor Energy is 27.66%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Suncor Energy will have a dividend payout ratio of 27.24% next year. This indicates that Suncor Energy will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Suncor Energy has received a -185.76% net impact score from Upright. The largest negative impact of Suncor Energy in category "GHG emissions" seems to be driven mostly by its "Oil sand", "Retail of diesel", "Retail of gasoline", and "Gasoline" products. See details.
Environmental Sustainability
The Environmental Impact score for Suncor Energy is -9.89.

3.2

News and Social Media Coverage

News Sentiment
Suncor Energy has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 13 news articles for Suncor Energy this week, compared to 6 articles on an average week.
Search Interest
Only 111 people have searched for SU on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.
MarketBeat Follows
28 people have added Suncor Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Suncor Energy insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Suncor Energy is held by insiders.
Percentage Held by Institutions
58.79% of the stock of Suncor Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Suncor Energy are expected to decrease by -20.57% in the coming year, from $6.61 to $5.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Suncor Energy is 6.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of Suncor Energy is 6.19, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 44.15.
Price to Earnings Growth Ratio
Suncor Energy has a PEG Ratio of 0.61. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Suncor Energy has a P/B Ratio of 1.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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.

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SU Stock News Headlines

October 3, 2022 | ca.finance.yahoo.com

Why Suncor Energy Stock Fell 10% in September

October 3, 2022 | finance.yahoo.com

Energy Firms Pledge to Cut Carbon Emissions to Zero by 2050

October 3, 2022 | finance.yahoo.com

The Zacks Analyst Blog Highlights Novo Nordisk, Suncor Energy, Nasdaq, W.W. Grainger and Textron

October 3, 2022 | americanbankingnews.com

Suncor Energy (NYSE:SU) PT Lowered to C$53.00 at National Bank Financial

October 1, 2022 | americanbankingnews.com

Suncor Energy Inc. (NYSE:SU) Short Interest Update

October 1, 2022 | americanbankingnews.com

Traders Purchase Large Volume of Suncor Energy Call Options (NYSE:SU)

September 30, 2022 | finance.yahoo.com

Here's Why Suncor Energy (SU) is a Strong Value Stock

September 28, 2022 | finanznachrichten.de

Suncor Energy Inc.: Suncor Energy Commences Tender Offers for Ten Series of Notes

September 28, 2022 | ca.finance.yahoo.com

France's TotalEnergies plans to spin off Canadian oil sands assets

September 27, 2022 | fool.ca

Oil Below $80: Is Suncor Energy Still a Bargain?

September 25, 2022 | morningstar.com

Suncor Energy Down Over 9%, on Pace for Largest Percent Decrease Since September 2020 — Data Talk

September 24, 2022 | finanznachrichten.de

Suncor Energy Inc.: Suncor Energy Enters into Agreement with Elliott Investment Management

September 23, 2022 | finance.yahoo.com

LanzaJet Affirms its Commitment to Scale Production of Sustainable Aviation Fuel to Accelerate the Energy Transition Globally

September 20, 2022 | finance.yahoo.com

Suncor Energy (SU) Stock Moves -0.1%: What You Should Know

September 20, 2022 | ca.finance.yahoo.com

2 Inflation-Fighting Canadian Energy Sector ETFs to Buy

September 20, 2022 | nasdaq.com

Suncor Energy (TSE:SU) Stock: A Powerful Play with Bright Prospects

September 15, 2022 | ca.finance.yahoo.com

Should You Drop Energy Stocks Before the Recession Kicks in?

September 14, 2022 | msn.com

Energy sector helps lift S&P/TSX composite, U.S. stock markets end the day higher

September 14, 2022 | msn.com

Why Tamarack Valley Energy (TSX:TVE) Stock Could Change Course Soon

September 13, 2022 | finance.yahoo.com

Suncor Energy Inc. (SU) Is a Trending Stock: Facts to Know Before Betting on It

September 13, 2022 | finance.yahoo.com

Suncor Energy Inc. (SU) Is a Trending Stock: Facts to Know Before Betting on It

September 2, 2022 | nz.finance.yahoo.com

Investors Heavily Search Suncor Energy Inc. (SU): Here is What You Need to Know

September 2, 2022 | msn.com

Why Suncor Stock Could Be a Great Portfolio Hedge Right Now

September 2, 2022 | finance.yahoo.com

Investors Heavily Search Suncor Energy Inc. (SU): Here is What You Need to Know

September 1, 2022 | msn.com

Suncor Energy Whale Trades For September 01

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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SU Company Calendar

Last Earnings: 8/04/2022
Ex-Dividend for 9/26 Dividend: 9/01/2022
Dividend Payable: 9/26/2022
Today: 10/04/2022
Next Earnings (Estimated): 10/26/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Petroleum refining
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NYSE:SU
CUSIP: N/A
CIK: 311337
Web: www.suncor.com
Phone: (403) 296-8000
Fax: 403-296-3030
Employees: 16,922
Year Founded: 1917

Price Target and Rating

Average Stock Price Forecast: $50.54
High Stock Price Forecast: $63.00
Low Stock Price Forecast: $38.00
Forecasted Upside/Downside: +57.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.71
Research Coverage: 14 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.17
Trailing P/E Ratio: 6.19
Forward P/E Ratio: 4.84
P/E Growth: 0.61
Net Income: $3.29 billion
Net Margins: 18.33%
Pretax Margin: 24.69%
Return on Equity: 23.51%
Return on Assets: 10.46%

Debt

Debt-to-Equity Ratio: 0.32
Current Ratio: 1.14
Quick Ratio: 0.74

Sales & Book Value

Annual Sales: $31.20 billion
Price / Sales: 1.40
Cash Flow: $6.05 per share
Price / Cash Flow: 5.29
Book Value: $20.17 per share
Price / Book: 1.59

Miscellaneous

Outstanding Shares: 1,366,450,000
Free Float: 1,352,786,000
Market Cap: $43.75 billion
Optionable: Optionable
Beta: 1.26

Social Links

Key Executives

Mr. 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.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SU Stock - Frequently Asked Questions

Should I buy or sell Suncor Energy stock right now?: 14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Suncor Energy in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research 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?: 14 brokerages have issued 1-year price objectives for Suncor Energy's shares. Their SU share price forecasts range from $38.00 to $63.00. On average, they expect the company's share price to reach $50.54 in the next year. This suggests a possible upside of 57.8% 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 shares have increased by 27.9% and is now trading at $32.02.
View the best growth stocks for 2022 here.
Are investors shorting Suncor Energy?: Suncor Energy saw a drop in short interest during the month of September. As of September 15th, there was short interest totaling 60,470,000 shares, a drop of 13.7% from the August 31st total of 70,050,000 shares. Based on an average trading volume of 6,150,000 shares, the days-to-cover ratio is presently 9.8 days. Currently, 4.5% of the shares of the company 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 Thursday, August, 4th. The oil and gas producer reported $2.12 earnings per share for the quarter, topping analysts' consensus estimates of $1.74 by $0.38. The oil and gas producer earned $12.70 billion during the quarter, compared to analyst estimates of $9.90 billion. Suncor Energy had a net margin of 18.33% and a trailing twelve-month return on equity of 23.51%.
How often does Suncor Energy pay dividends? What is the dividend yield for Suncor Energy?: Suncor Energy declared a quarterly dividend on Monday, August 8th. Investors 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 dividend on an annualized basis and a dividend yield of 4.57%. The ex-dividend date of this dividend is Thursday, September 1st. This is a boost 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 $1.43 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 dividend payout ratio is 27.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SU will have a dividend payout ratio of 27.24% 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 a number of institutional and retail investors. Top institutional investors include Rempart Asset Management Inc. (0.04%) and AdvisorNet Financial Inc (0.00%).
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 $32.02.
How much money does Suncor Energy make?: Suncor Energy (NYSE:SU) has a market capitalization of $43.75 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
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 10/5/2022 by MarketBeat.com Staff

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Suncor Energy - SU Stock Forecast, Price & News

Suncor Energy MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows