NYSE:SUN

Sunoco (SUN) Stock Forecast, Price & News

$48.95

-2.27 (-4.43%)

(As of 09/29/2023 ET)

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Today's Range: $48.84
▼
$50.41
50-Day Range: $44.01
▼
$51.29
52-Week Range: $38.09
▼
$51.85

Volume: 869,681 shs
Average Volume: 289,641 shs
Market Capitalization: $4.92 billion

P/E Ratio: 14.57
Dividend Yield: 6.88%
Price Target: $50.14

Sunoco MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 2.4% Upside
$50.14 Price Target
Short Interest: Healthy
1.18% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.17
Based on 13 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -7.57%
From $4.23 to $3.91 Per Share

Overall MarketRank^™

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

1.42 out of 5 stars

Oils/Energy Sector

245th out of 249 stocks

Petroleum Refining Industry

17th out of 17 stocks

1.3

Analyst's Opinion

Consensus Rating
Sunoco has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $50.14, Sunoco has a forecasted upside of 2.4% from its current price of $48.95.
Amount of Analyst Coverage
Sunoco has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.18% of the float of Sunoco has been sold short.
Short Interest Ratio / Days to Cover
Sunoco has a short interest ratio ("days to cover") of 4.2.
Change versus previous month
Short interest in Sunoco has recently decreased by 5.53%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Sunoco is a leading dividend payer. It pays a dividend yield of 6.88%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Sunoco has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Sunoco is 100.30%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Sunoco will have a dividend payout ratio of 86.19% in the coming year. This indicates that Sunoco may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SUN.

2.1

News and Social Media Coverage

News Sentiment
Sunoco has a news sentiment score of -0.17. 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 lower news sentiment than the 0.63 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 13 news articles for Sunoco this week, compared to 4 articles on an average week.
Search Interest
18 people have searched for SUN on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.
MarketBeat Follows
13 people have added Sunoco to their MarketBeat watchlist in the last 30 days. This is an increase of 18% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sunoco insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 17.62% of the stock of Sunoco is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Sunoco are expected to decrease by -7.57% in the coming year, from $4.23 to $3.91 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sunoco is 14.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 105.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sunoco is 14.57, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 8.93.
Price to Book Value per Share Ratio
Sunoco has a P/B Ratio of 5.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Sunoco (NYSE:SUN) Stock

Sunoco LP, together with its subsidiaries, distributes and retails motor fuels in the United States. It operates in two segments, Fuel Distribution and Marketing, and All Other. The company's Fuel Distribution and Marketing segment purchases motor fuel from independent refiners and oil companies and supplies it to independently operated dealer stations, distributors and other consumer of motor fuel to commission agent locations. It's All Other segment includes partnership credit card services, franchise royalties, and retail operations; and offers credit card processing, car washes, lottery, automated teller machines, money order, prepaid phone cards, and wireless services. The company owns and operates retail stores under the APlus and Aloha Island Mart brand names; and offers food, beverages, snacks, grocery and non-food merchandise, motor fuels, and other services. Sunoco LP was formerly known as Susser Petroleum Partners LP and changed its name to Sunoco LP in 2014. The company was founded in 1886 and is headquartered in Dallas, Texas.

SUN Price History

30 days | 90 days | 365 days | Advanced Chart

SUN Stock News Headlines

October 1, 2023 | americanbankingnews.com

Mizuho Downgrades Sunoco (NYSE:SUN) to Neutral

October 1, 2023 | americanbankingnews.com

Sunoco (NYSE:SUN) Sees Large Volume Increase

October 1, 2023 | Goldco (Ad)

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September 30, 2023 | msn.com

Mizuho Downgrades Sunoco LP - Unit (SUN)

September 30, 2023 | americanbankingnews.com

Sunoco (NYSE:SUN) Sets New 52-Week High at $51.65

September 29, 2023 | msn.com

Kitty at the Sunoco station on Kilgore road by pavilion estates trailer park.

September 29, 2023 | seekingalpha.com

Sunoco, USA Compression Partners cut at Mizuho after this week's spike

September 28, 2023 | benzinga.com

Sunoco LP Stock Races Higher: What's Going On?

October 1, 2023 | Goldco (Ad)

Biden's Digital Dollar Nightmare

September 28, 2023 | finance.yahoo.com

Unveiling Sunoco LP (SUN)'s Value: Is It Really Priced Right? A Comprehensive Guide

September 25, 2023 | americanbankingnews.com

Analysts Set Sunoco LP (NYSE:SUN) PT at $50.14

September 24, 2023 | americanbankingnews.com

Sunoco (NYSE:SUN) Reaches New 12-Month High at $48.72

September 21, 2023 | msn.com

SEE IT: Video shows shootout during attempted armed robbery at Takoma Park Sunoco

September 21, 2023 | americanbankingnews.com

Comparing ENEOS (OTCMKTS:JXHLY) & Sunoco (NYSE:SUN)

September 20, 2023 | msn.com

Car crash, fire at Sunoco gas station in Laurel

September 18, 2023 | msn.com

Analysts Like These 2 High-Yield Energy Stocks That Pay Up To 9.1%

September 13, 2023 | msn.com

Around 10:30am Today I was driving on Northcliffe blvd (by the Sunoco, Asian Mart, and breakfast station) about to make a left on 19 when some crackhead was driving on the ...

September 10, 2023 | msn.com

Police continue to search for suspects in gas station murder

September 7, 2023 | msn.com

VIDEO: Detroit police search for 3 armed suspects who carjacked 39-year-old man

September 7, 2023 | msn.com

Man Shot In Head Was Talking When He Was Found At Hampden County Gas Station

September 6, 2023 | msn.com

September 5, 2023 | msn.com

Does anyone know what’s going on at the old Sunoco/Amira gas station at the corner of Sproul Road and Springfield Road?

September 5, 2023 | markets.businessinsider.com

Sunoco (SUN) Receives a Hold from J.P. Morgan

September 5, 2023 | msn.com

NY Thruway's northbound rest stop in Sloatsburg closes Sept. 5. New eateries on the way

September 1, 2023 | msn.com

Sunoco Is A Solid Income Option, But IDRs Are Burdensome

September 1, 2023 | finance.yahoo.com

Why Is Sunoco LP (SUN) Up 2.3% Since Last Earnings Report?

August 31, 2023 | finance.yahoo.com

Despite Fast-paced Momentum, Sunoco LP (SUN) Is Still a Bargain Stock

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SUN Company Calendar

Last Earnings: 8/02/2023
Ex-Dividend for 8/21 Dividend: 8/11/2023
Dividend Payable: 8/21/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/07/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Petroleum refining
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NYSE:SUN
CUSIP: N/A
CIK: 1552275
Web: www.sunocolp.com
Phone: (214) 981-0700
Fax: 832-234-0088
Employees: 2,302
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $50.14
High Stock Price Forecast: $53.00
Low Stock Price Forecast: $47.00
Forecasted Upside/Downside: +2.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.36
Trailing P/E Ratio: 14.57
Forward P/E Ratio: 11.57
P/E Growth: N/A
Net Income: $475 million
Net Margins: 1.55%
Pretax Margin: 1.68%
Return on Equity: 37.36%
Return on Assets: 5.47%

Debt

Debt-to-Equity Ratio: 3.67
Current Ratio: 1.53
Quick Ratio: 0.77

Sales & Book Value

Annual Sales: $25.73 billion
Price / Sales: 0.19
Cash Flow: $6.42 per share
Price / Cash Flow: 7.62
Book Value: $9.38 per share
Price / Book: 5.22

Miscellaneous

Outstanding Shares: 100,480,000
Free Float: N/A
Market Cap: $4.92 billion
Optionable: Optionable
Beta: 1.30

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Key Executives

Mr. Joseph Kim (Age 51)
Pres, CEO & Director of Sunoco GP LLC
Comp: $1.55M

Mr. Dylan A. Bramhall (Age 45)
Chief Financial Officer of Sunoco GP LLC
Comp: $139.73k

Mr. Karl R. Fails (Age 48)
Exec. VP & COO of Sunoco GP LLC
Comp: $872.54k

Mr. Brian A. Hand (Age 55)
Sr. VP & Chief Sales Officer of Sunoco GP LLC
Comp: $745.8k

Mr. Christopher R. Curia (Age 67)
Exec. VP of HR & Director of Sunoco GP LLC

Mr. Austin B. Harkness (Age 43)
Sr. VP of Pricing, Optimization and Supply & Trading
Comp: $626.46k

Mr. Rick J. Raymer
VP, Controller & Principal Accounting Officer of Sunoco GP LLC

Ms. Alison C. Gladwin (Age 45)
Sr. VP of Marketing & Admin. - Sunoco GP LLC

Mr. Scott D. Grischow
VP of Investor Relations, Sr. VP of Fin. & Treasurer

Mr. Arnold D. Dodderer (Age 55)
Gen. Counsel & Assistant Sec. of Sunoco GP LLC

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SUN Stock - Frequently Asked Questions

Should I buy or sell Sunoco stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sunoco in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SUN shares.
View SUN analyst ratings or view top-rated stocks.
What is Sunoco's stock price forecast for 2023?: 6 analysts have issued 1-year target prices for Sunoco's stock. Their SUN share price forecasts range from $47.00 to $53.00. On average, they predict the company's share price to reach $50.14 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price.
View analysts price targets for SUN or view top-rated stocks among Wall Street analysts.
How have SUN shares performed in 2023?: Sunoco's stock was trading at $43.10 at the beginning of 2023. Since then, SUN shares have increased by 13.6% and is now trading at $48.95.
View the best growth stocks for 2023 here.
When is Sunoco's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our SUN earnings forecast.
How were Sunoco's earnings last quarter?: Sunoco LP (NYSE:SUN) issued its quarterly earnings results on Wednesday, August, 2nd. The oil and gas company reported $0.78 EPS for the quarter, missing the consensus estimate of $1.02 by $0.24. The oil and gas company had revenue of $5.75 billion for the quarter, compared to analysts' expectations of $5.66 billion. Sunoco had a net margin of 1.55% and a trailing twelve-month return on equity of 37.36%. The business's revenue for the quarter was down 26.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.20 earnings per share.
How often does Sunoco pay dividends? What is the dividend yield for Sunoco?: Sunoco declared a quarterly dividend on Tuesday, July 25th. Shareholders of record on Monday, August 14th will be paid a dividend of $0.842 per share on Monday, August 21st. This represents a $3.37 dividend on an annualized basis and a dividend yield of 6.88%. The ex-dividend date is Friday, August 11th.
Read our dividend analysis for SUN.
What ETFs hold Sunoco's stock?: ETFs with the largest weight of Sunoco (NYSE:SUN) stock in their portfolio include GraniteShares HIPS US High Income ETF (HIPS), Global X Alternative Income ETF (ALTY) and T. Rowe Price International Equity ETF (TOUS).Tortoise North American Pipeline Fund (TPYP).
Is Sunoco a good dividend stock?: Sunoco (NYSE:SUN) pays an annual dividend of $3.37 per share and currently has a dividend yield of 6.58%. SUN 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 100.30%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, SUN will have a dividend payout ratio of 86.19% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for SUN.

What is Joe Kim's approval rating as Sunoco's CEO?: 40 employees have rated Sunoco Chief Executive Officer Joe Kim on Glassdoor.com. Joe Kim has an approval rating of 84% among the company's employees.
What other stocks do shareholders of Sunoco own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Sunoco investors own include Energy Transfer (ET), AT&T (T), Enterprise Products Partners (EPD), Bank of America (BAC), New Residential Investment (NRZ), NuStar Energy (NS), Cisco Systems (CSCO), Verizon Communications (VZ), Exxon Mobil (XOM) and Altria Group (MO).
What is Sunoco's stock symbol?: Sunoco trades on the New York Stock Exchange (NYSE) under the ticker symbol "SUN."
How do I buy shares of Sunoco?: Shares of SUN 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 Sunoco's stock price today?: One share of SUN stock can currently be purchased for approximately $48.95.
How much money does Sunoco make?: Sunoco (NYSE:SUN) has a market capitalization of $4.92 billion and generates $25.73 billion in revenue each year. The oil and gas company earns $475 million in net income (profit) each year or $3.36 on an earnings per share basis.
How many employees does Sunoco have?: The company employs 2,302 workers across the globe.
How can I contact Sunoco?: Sunoco's mailing address is 8111 WESTCHESTER DRIVE SUITE 400, DALLAS TX, 75225. The official website for the company is www.sunocolp.com. The oil and gas company can be reached via phone at (214) 981-0700, via email at ir@sunocolp.com, or via fax at 832-234-0088.

This page (NYSE:SUN) was last updated on 10/1/2023 by MarketBeat.com Staff

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