Sunoco Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sunoco in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities 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.

Wall Street analysts have given Sunoco a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Sunoco wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Sunoco saw a decline in short interest in the month of May. As of May 28th, there was short interest totaling 1,250,000 shares, a decline of 16.1% from the May 13th total of 1,490,000 shares. Based on an average trading volume of 415,300 shares, the days-to-cover ratio is presently 3.0 days. Approximately 2.3% of the shares of the stock are sold short.
View Sunoco's Short Interest.

Sunoco is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Sunoco.

Sunoco LP (NYSE:SUN) issued its quarterly earnings results on Thursday, May, 6th. The oil and gas company reported $1.60 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.69 by $0.91. The oil and gas company had revenue of $3.47 billion for the quarter, compared to analyst estimates of $3.34 billion. Sunoco had a trailing twelve-month return on equity of 65.49% and a net margin of 4.53%. The firm's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the business posted ($1.78) EPS.
View Sunoco's earnings history.

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 63.5% and is now trading at $36.88.
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Sunoco announced a quarterly dividend on Thursday, April 22nd. Stockholders of record on Tuesday, May 11th will be paid a dividend of $0.8255 per share on Wednesday, May 19th. This represents a $3.30 annualized dividend and a yield of 8.95%. The ex-dividend date is Monday, May 10th.
View Sunoco's dividend history.

Sunoco pays an annual dividend of $3.30 per share and currently has a dividend yield of 8.67%. SUN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Sunoco does not yet have a strong track record of dividend growth. The dividend payout ratio of Sunoco is 434.21%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Sunoco will have a dividend payout ratio of 84.62% in the coming year. This indicates that Sunoco may not be able to sustain their current dividend.
View Sunoco's dividend history.

7 Wall Street analysts have issued 1 year target prices for Sunoco's stock. Their forecasts range from $29.00 to $37.00. On average, they anticipate Sunoco's share price to reach $33.43 in the next year. This suggests that the stock has a possible downside of 9.4%.
View analysts' price targets for Sunoco or view top-rated stocks among Wall Street analysts.

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 HollyFrontier (HFC), YPF Sociedad Anónima (YPF), PBF Energy (PBF), CVR Energy (CVI), Delek US (DK), Calumet Specialty Products Partners (CLMT), Vertex Energy (VTNR), Trecora Resources (TREC), BP Prudhoe Bay Royalty Trust (BPT) 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."

Sunoco's stock is owned by many different institutional and retail investors. Top institutional shareholders include Goldman Sachs Group Inc. (3.17%), Morgan Stanley (1.41%), Clearbridge Investments LLC (0.75%), Bank of Montreal Can (0.33%), Bridgecreek Investment Management LLC (0.31%) 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 ING Groep NV, Goldman Sachs Group Inc., Morgan Stanley, Duff & Phelps Investment Management Co., Mirae Asset Global Investments Co. Ltd., UBS Group AG, Tortoise Capital Advisors L.L.C., and Sumitomo Mitsui Trust Holdings Inc..
View insider buying and selling activity for Sunoco or view top insider-selling stocks.

SUN stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Barnett & Company Inc., International Assets Investment Management LLC, Neuberger Berman Group LLC, Mcdonald Partners LLC, Strategic Wealth Advisors Group LLC, Boston Private Wealth LLC, and Avantax Planning Partners Inc.. 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 or or view top insider-buying stocks.

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 $36.88.

Sunoco has a market capitalization of $3.68 billion and generates $10.71 billion in revenue each year. The oil and gas company earns $212 million in net income (profit) each year or $0.76 on an earnings per share basis.

Sunoco employs 2,282 workers across the globe.

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

Sunoco is headquartered at 8111 WESTCHESTER DRIVE SUITE 400, DALLAS TX, 75225.

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]