NYSE:SUNSunoco Stock Price, Forecast & News

Sunoco's stock was trading at $22.55 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SUN stock has increased by 2.6% and is now trading at $23.14. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sunoco in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Sunoco.

Sunoco is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Sunoco.

Sunoco LP (NYSE:SUN) released its quarterly earnings results on Monday, May, 11th. The oil and gas company reported ($1.78) earnings per share for the quarter, missing analysts' consensus estimates of $0.89 by $2.67. The oil and gas company earned $3.27 billion during the quarter, compared to analysts' expectations of $3.77 billion. Sunoco had a net margin of 0.47% and a return on equity of 10.69%. The company's revenue for the quarter was down 11.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.07 EPS. View Sunoco's earnings history.

Sunoco announced a quarterly dividend on Thursday, April 2nd. Investors of record on Thursday, May 7th will be given a dividend of $0.8255 per share on Tuesday, May 19th. This represents a $3.30 dividend on an annualized basis and a dividend yield of 14.27%. The ex-dividend date of this dividend is Wednesday, May 6th. View Sunoco's dividend history.

9 Wall Street analysts have issued 12-month price objectives for Sunoco's shares. Their forecasts range from $22.00 to $35.00. On average, they anticipate Sunoco's stock price to reach $27.67 in the next twelve months. This suggests a possible upside of 19.6% from the stock's current price. View analysts' price targets for Sunoco.

Media headlines about SUN stock have trended extremely negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sunoco earned a news impact score of -4.3 on InfoTrie's scale. They also gave media stories about the oil and gas company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the stock's share price in the next several days. View the latest news about Sunoco.

Sunoco saw a drop in short interest in June. As of June 15th, there was short interest totaling 2,610,000 shares, a drop of 8.1% from the May 31st total of 2,840,000 shares. Based on an average daily trading volume, of 965,000 shares, the days-to-cover ratio is currently 2.7 days. Approximately 5.0% of the shares of the stock are short sold. View Sunoco's Current Options Chain.

Some companies that are related to Sunoco include Mitsui & Co Ltd (MITSY), Macquarie Infrastructure (MIC), World Fuel Services (INT), Crossamerica Partners (CAPL) and NGL Energy Partners (NGL). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sunoco investors own include Energy Transfer LP Unit (ET), AT&T (T), Bank of America (BAC), New Residential Investment (NRZ), Enterprise Products Partners (EPD), NuStar Energy (NS), ANNALY CAP MGMT/SH (NLY), Omega Healthcare Investors (OHI), Cisco Systems (CSCO) and General Electric (GE).

Sunoco trades on the New York Stock Exchange (NYSE) under the ticker symbol "SUN."

Sunoco's stock is owned by a variety of retail and institutional investors. Top institutional investors include Spirit of America Management Corp NY (0.11%). Company insiders that own Sunoco stock include Arnold Dodderer, Brian A Hand, Christopher Curia, Imad K Anbouba, Joseph Kim, Machell Simon and Thomas R Miller. View institutional ownership trends for Sunoco.

SUN stock was sold by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY. View insider buying and selling activity for Sunoco.

Shares of SUN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of SUN stock can currently be purchased for approximately $23.14.

Sunoco has a market capitalization of $2.30 billion and generates $16.60 billion in revenue each year. The oil and gas company earns $313 million in net income (profit) each year or $2.27 on an earnings per share basis. Sunoco employs 2,909 workers across the globe.

The official website for Sunoco is www.sunocolp.com.

Sunoco's mailing address is 8111 WESTCHESTER DRIVE SUITE 400, DALLAS TX, 75225. The oil and gas company can be reached via phone at 214-981-0700 or via email at [email protected]