NYSE:SUNSunoco Stock Price, Forecast & News

Sunoco's stock was trading at $22.55 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SUN shares have increased by 13.3% and is now trading at $25.55. 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) posted its 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 had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.77 billion. Sunoco had a net margin of 0.47% and a return on equity of 10.69%. The business's quarterly revenue was down 11.4% on a year-over-year basis. During the same quarter last year, the company earned $1.07 EPS. View Sunoco's earnings history.

Sunoco declared a quarterly dividend on Thursday, April 2nd. Shareholders of record on Thursday, May 7th will be paid a dividend of $0.8255 per share on Tuesday, May 19th. This represents a $3.30 annualized dividend and a yield of 12.92%. The ex-dividend date of this dividend is Wednesday, May 6th. View Sunoco's dividend history.

9 brokerages have issued twelve-month target prices 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 8.3% from the stock's current price. View analysts' price targets for Sunoco.

Media headlines about SUN stock have trended negative recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sunoco earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave news articles about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutSunoco.

Sunoco saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,820,000 shares, an increase of 105.8% from the April 30th total of 1,370,000 shares. Based on an average trading volume of 943,400 shares, the days-to-cover ratio is currently 3.0 days. Approximately 5.3% of the company's stock are sold short. 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), NGL Energy Partners (NGL) and Crossamerica Partners (CAPL). 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 number of institutional and retail investors. Top institutional investors include Invesco Ltd. (14.61%), Morgan Stanley (2.72%), Morgan Stanley (2.72%), Clearbridge Investments LLC (0.76%), UBS Group AG (0.52%) and Bridgecreek Investment Management LLC (0.32%). 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 Bessemer Group Inc., UBS Group AG, Wells Fargo & Company MN, Invesco Ltd., Spirit of America Management Corp NY, Citigroup Inc., Adams Asset Advisors LLC, and Jane Street Group LLC. View insider buying and selling activity for Sunoco.

SUN stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Clearbridge Investments LLC, Bridgecreek Investment Management LLC, HITE Hedge Asset Management LLC, Advisor Group Holdings Inc., Raymond James Financial Services Advisors Inc., and Driehaus Capital Management LLC. Company insiders that have bought Sunoco stock in the last two years include Arnold Dodderer, Brian A Hand, Christopher Curia, Imad K Anbouba, Joseph Kim, Machell Simon, and Thomas R Miller. 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 $25.55.

Sunoco has a market capitalization of $2.54 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]