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 shares have increased by 12.7% and is now trading at $25.42. 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) announced its quarterly earnings data 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 return on equity of 10.69% and a net margin of 0.47%. Sunoco's revenue was down 11.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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 12.99%. The ex-dividend date of this dividend is Wednesday, May 6th. View Sunoco's dividend history.

9 analysts have issued 1-year 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 8.8% from the stock's current price. View analysts' price targets for Sunoco.

News articles about SUN stock have been trending extremely negative this week, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sunoco earned a news impact score of -4.5 on InfoTrie's scale. They also assigned media headlines about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term. 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 daily trading volume, of 943,400 shares, the days-to-cover ratio is currently 3.0 days. Currently, 5.3% of the shares of the 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 many different retail and institutional investors. Top institutional shareholders include Invesco Ltd. (14.61%), Morgan Stanley (2.72%), Clearbridge Investments LLC (0.76%), UBS Group AG (0.52%), Bridgecreek Investment Management LLC (0.32%) and Adams Asset Advisors LLC (0.30%). 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, Clearbridge Investments LLC, Bridgecreek Investment Management LLC, HITE Hedge Asset Management LLC, Advisor Group Holdings Inc., Raymond James Financial Services Advisors Inc., Driehaus Capital Management LLC, and Recurrent Investment Advisors 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 $25.42.

Sunoco has a market capitalization of $2.53 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]