Sunoco Stock Forecast, Price & News

9 Wall Street 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 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Sunoco stock.
View analyst ratings for Sunoco or view top-rated stocks.

Wall Street analysts have given Sunoco a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas 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 saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 2,320,000 shares, an increase of 12.1% from the December 31st total of 2,070,000 shares. Based on an average daily volume of 442,600 shares, the short-interest ratio is currently 5.2 days. Currently, 4.4% of the shares of the company are sold short.
View Sunoco's Short Interest.

Sunoco is scheduled to release its next quarterly earnings announcement on Monday, May 10th 2021.
View our earnings forecast for Sunoco.

Sunoco LP (NYSE:SUN) announced its quarterly earnings results on Wednesday, February, 17th. The oil and gas company reported $0.77 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.81 by $0.04. Sunoco had a trailing twelve-month return on equity of 22.04% and a net margin of 1.73%.
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 (WHO). Since then, SUN shares have increased by 35.7% and is now trading at $30.60.
View which stocks have been most impacted by COVID-19.

Sunoco declared a quarterly dividend on Thursday, January 28th. Stockholders of record on Monday, February 8th will be paid a dividend of $0.8255 per share on Friday, February 19th. This represents a $3.30 annualized dividend and a dividend yield of 10.79%. The ex-dividend date of this dividend is Friday, February 5th.
View Sunoco's dividend history.

Sunoco pays an annual dividend of $3.30 per share and currently has a dividend yield of 10.78%. 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 strock track record of dividend growth. The dividend payout ratio of Sunoco is 145.37%. 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 87.30% in the coming year. This indicates that Sunoco may not be able to sustain their current dividend.
View Sunoco's dividend history.

9 equities research analysts have issued 12-month target prices for Sunoco's stock. Their forecasts range from $25.00 to $35.00. On average, they anticipate Sunoco's stock price to reach $30.44 in the next year. This suggests that the stock has a possible downside of 0.5%.
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), CVR Energy (CVI), Delek US (DK), PBF Energy (PBF), YPF Sociedad Anónima (YPF), Calumet Specialty Products Partners (CLMT), Trecora Resources (TREC), BP Prudhoe Bay Royalty Trust (BPT), Vertex Energy (VTNR) and Green Planet Group (GNPG).
View all of SUN's 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 many different retail and institutional investors. Top institutional investors include Morgan Stanley (2.03%), ING Groep NV (0.84%), Bowen Hanes & Co. Inc. (0.59%), Duff & Phelps Investment Management Co. (0.36%), Bridgecreek Investment Management LLC (0.31%) and Raymond James Financial Services Advisors Inc. (0.21%). 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, Gabelli Funds LLC, ELCO Management Co. LLC, Sumitomo Mitsui Trust Holdings Inc., Raymond James Financial Services Advisors Inc., Wells Fargo & Company MN, Perigon Wealth Management LLC, and California Public Employees Retirement System.
View insider buying and selling activity for Sunoco or view top insider-selling stocks.

SUN stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Morgan Stanley, Advisors Capital Management LLC, Skandinaviska Enskilda Banken AB publ , International Assets Investment Management LLC, LPL Financial LLC, Mcdonald Partners LLC, and Hudson Valley Investment Advisors Inc. ADV. 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.
Compare Top Brokerages Here.

One share of SUN stock can currently be purchased for approximately $30.60.

Sunoco has a market capitalization of $3.04 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 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]