Sunoco (SUN) Stock Price, News & Analysis

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sunoco in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SUN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SUN, but not buy additional shares or sell existing shares.
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7 analysts have issued 12 month target prices for Sunoco's shares. Their SUN share price targets range from $60.00 to $65.00. On average, they predict the company's stock price to reach $62.71 in the next twelve months. This suggests a possible upside of 15.3% from the stock's current price.
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Sunoco's stock was trading at $59.93 at the start of the year. Since then, SUN stock has decreased by 9.3% and is now trading at $54.37.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
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Sunoco will be holding an earnings conference call on Wednesday, May 8th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13745629".

Sunoco LP (NYSE:SUN) announced its quarterly earnings data on Wednesday, February, 14th. The oil and gas company reported ($1.50) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by $2.46. The oil and gas company had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.42 billion. Sunoco had a trailing twelve-month return on equity of 37.91% and a net margin of 1.71%. Sunoco's revenue for the quarter was down 4.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.42 EPS.

Sunoco announced a quarterly dividend on Thursday, January 25th. Stockholders of record on Wednesday, February 7th will be given a dividend of $0.842 per share on Tuesday, February 20th. This represents a $3.37 annualized dividend and a dividend yield of 6.19%. The ex-dividend date is Tuesday, February 6th.
Read our dividend analysis for SUN.

Sunoco (NYSE:SUN) pays an annual dividend of $3.37 per share and currently has a dividend yield of 6.59%. 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 92.58%. 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 76.59% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for SUN.

ETFs with the largest weight of Sunoco (NYSE:SUN) stock in their portfolio include Global X MLP ETF (MLPA), Alerian MLP ETF (AMLP), GraniteShares HIPS US High Income ETF (HIPS), Global X Alternative Income ETF (ALTY), InfraCap MLP ETF (AMZA), USCF Midstream Energy Income Fund (UMI), T. Rowe Price International Equity ETF (TOUS) and Tortoise North American Pipeline Fund (TPYP).

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.

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).

Sunoco's stock is owned by a variety of institutional and retail investors. Top institutional investors include Miller Howard Investments Inc. NY (0.43%), Quad Cities Investment Group LLC (0.01%), Counterpoint Mutual Funds LLC (0.01%), Brookstone Capital Management (0.01%), F&V Capital Management LLC (0.01%) and Register Financial Advisors LLC (0.00%). Insiders that own company stock include Arnold Dodderer, David K Skidmore, Imad K Anbouba, Joseph Kim and Matthew S Ramsey.
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Shares of SUN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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