Sunoco Stock Forecast, Price & News

Sunoco's stock was trading at $22.55 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SUN stock has increased by 25.1% and is now trading at $28.22.
View which stocks have been most impacted by COVID-19.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sunoco in the last year. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Sunoco or view MarketBeat's top 5 stock picks.

Wall Street analysts have given Sunoco a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Sunoco wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Sunoco is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
View our earnings forecast for Sunoco.

Sunoco LP (NYSE:SUN) posted its quarterly earnings results on Wednesday, November, 4th. The oil and gas company reported $0.96 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.78 by $0.18. The oil and gas company earned $2.81 billion during the quarter, compared to analysts' expectations of $3.19 billion. Sunoco had a return on equity of 15.93% and a net margin of 1.29%. The company's quarterly revenue was down 35.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.57 EPS.
View Sunoco's earnings history.

Sunoco declared a quarterly dividend on Monday, October 26th. Investors of record on Friday, November 6th will be given a dividend of $0.8255 per share on Thursday, November 19th. This represents a $3.30 annualized dividend and a yield of 11.70%. The ex-dividend date of this dividend is Thursday, November 5th.
View Sunoco's dividend history.

8 equities research analysts have issued 12-month price objectives for Sunoco's stock. Their forecasts range from $25.00 to $35.00. On average, they anticipate Sunoco's share price to reach $29.14 in the next twelve months. This suggests a possible upside of 3.3% from the stock's current price.
View analysts' price targets for Sunoco.

Some companies that are related to Sunoco include Imperial Oil (IMO), HollyFrontier (HFC), YPF Sociedad Anónima (YPF), CVR Energy (CVI), Delek US (DK), PBF Energy (PBF), Calumet Specialty Products Partners (CLMT), Trecora Resources (TREC), BP Prudhoe Bay Royalty Trust (BPT), Vertex Energy (VTNR) and Green Planet Group (GNPG).
View all competitors.

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 a number of institutional and retail investors. Top institutional investors include Morgan Stanley (1.97%), Bowen Hanes & Co. Inc. (0.58%), Bridgecreek Investment Management LLC (0.31%), Arrowstreet Capital Limited Partnership (0.28%), Raymond James Financial Services Advisors Inc. (0.22%) and Raymond James & Associates (0.14%). 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 Arrowstreet Capital Limited Partnership, Morgan Stanley, Dividend Assets Capital LLC, International Assets Investment Management LLC, Wells Fargo & Company MN, Raymond James & Associates, Guggenheim Capital LLC, and Bridgecreek Investment Management LLC. Company insiders that have sold Sunoco company stock in the last year include Arnold Dodderer, and Imad K Anbouba.
View insider buying and selling activity for Sunoco.

SUN stock was purchased by a variety of institutional investors in the last quarter, including Bowen Hanes & Co. Inc., Advisors Capital Management LLC, JPMorgan Chase & Co., Raymond James Financial Services Advisors Inc., Avantax Advisory Services Inc., Skandinaviska Enskilda Banken AB publ, Perigon Wealth Management LLC, and Spirit of America Management Corp NY. 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 $28.22.

Sunoco has a market capitalization of $2.81 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]