Sunoco Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sunoco in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Sunoco stock. 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.
View analyst ratings for Sunoco or view top-rated stocks.

7 brokers have issued 12-month price targets for Sunoco's stock. Their SUN stock forecasts range from $39.00 to $49.00. On average, they anticipate Sunoco's stock price to reach $44.29 in the next twelve months. This suggests a possible upside of 17.6% from the stock's current price.
View analysts' price targets for Sunoco or view top-rated stocks among Wall Street analysts.

Sunoco's stock was trading at $40.83 at the beginning of 2022. Since then, SUN stock has decreased by 7.8% and is now trading at $37.65.
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Sunoco saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 818,500 shares, a drop of 22.8% from the May 31st total of 1,060,000 shares. Based on an average trading volume of 282,600 shares, the short-interest ratio is presently 2.9 days. Currently, 1.5% of the company's stock are sold short.
View Sunoco's Short Interest.

Sunoco is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Sunoco.

Sunoco LP (NYSE:SUN) issued its quarterly earnings results on Wednesday, May, 4th. The oil and gas company reported $2.32 earnings per share for the quarter, topping the consensus estimate of $0.89 by $1.43. The oil and gas company had revenue of $5.40 billion for the quarter, compared to analyst estimates of $4.50 billion. Sunoco had a trailing twelve-month return on equity of 70.31% and a net margin of 3.00%. Sunoco's revenue was up 55.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.60 EPS.
View Sunoco's earnings history.

Sunoco announced a quarterly dividend on Tuesday, April 26th. Stockholders of record on Monday, May 9th will be paid a dividend of $0.8255 per share on Thursday, May 19th. This represents a $3.30 annualized dividend and a dividend yield of 8.77%. The ex-dividend date is Friday, May 6th.
View Sunoco's dividend history.

Sunoco(NYSE:SUN) pays an annual dividend of $3.30 per share and currently has a dividend yield of 8.86%. SUN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Sunoco is 55.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sunoco will have a dividend payout ratio of 71.43% next year. This indicates that Sunoco will be able to sustain or increase its dividend.
View Sunoco's dividend history.

40 employees have rated Sunoco CEO Joe Kim on Glassdoor.com. Joe Kim has an approval rating of 84% among Sunoco's employees.

Some companies that are related to Sunoco include PBF Energy (PBF), CVR Energy (CVI), Delek US (DK), YPF Sociedad Anónima (YPF), Calumet Specialty Products Partners (CLMT), Vertex Energy (VTNR), BP Prudhoe Bay Royalty Trust (BPT), Trecora Resources (TREC) and Green Planet Group (GNPG).
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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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "SUN."

Shares of SUN 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 SUN stock can currently be purchased for approximately $37.65.

Sunoco (NYSE:SUN) has a market capitalization of $3.77 billion and generates $17.60 billion in revenue each year. The oil and gas company earns $524 million in net income (profit) each year or $6.00 on an earnings per share basis.

Sunoco employs 2,225 workers across the globe.

Sunoco's mailing address is 8111 WESTCHESTER DRIVE SUITE 400, DALLAS TX, 75225. The official website for Sunoco is www.sunocolp.com. The oil and gas company can be reached via phone at (214) 981-0700, via email at [email protected], or via fax at 832-234-0088.