Suzano (SUZ) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Suzano in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SUZ shares.
View SUZ analyst ratings or view top-rated stocks.

Suzano's stock was trading at $9.24 at the beginning of the year. Since then, SUZ shares have increased by 16.3% and is now trading at $10.75.
View the best growth stocks for 2023 here.

Suzano saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,580,000 shares, an increase of 23.4% from the August 31st total of 1,280,000 shares. Based on an average trading volume of 1,260,000 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.1% of the company's stock are short sold.
View Suzano's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our SUZ earnings forecast.

Suzano S.A. (NYSE:SUZ) issued its earnings results on Wednesday, August, 2nd. The company reported $0.79 earnings per share for the quarter, missing analysts' consensus estimates of $0.98 by $0.19. The company earned $1.85 billion during the quarter. Suzano had a trailing twelve-month return on equity of 64.65% and a net margin of 47.44%.

Suzano announced a quarterly dividend on Monday, December 5th. Investors of record on Tuesday, December 20th will be given a dividend of $0.323 per share on Monday, January 9th. This represents a $1.29 dividend on an annualized basis and a dividend yield of 12.02%. The ex-dividend date is Monday, December 19th.
Read our dividend analysis for SUZ.

ETFs with the largest weight of Suzano (NYSE:SUZ) stock in their portfolio include First Trust Indxx Global Natural Resources Income ETF (FTRI), Global X Emerging Markets Great Consumer ETF (EMC), Global X Emerging Markets ETF (EMM) and Invesco Zacks Mid-Cap ETF (CZA).SPDR S&P Global Natural Resources ETF (GNR).

Suzano (NYSE:SUZ) pays an annual dividend of $0.32 per share and currently has a dividend yield of 2.98%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SUZ will have a dividend payout ratio of 19.28% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SUZ.

Based on aggregate information from My MarketBeat watchlists, some companies that other Suzano investors own include Banco Bradesco (BBD), BRF (BRFS), Gerdau (GGB), Petróleo Brasileiro S.A. - Petrobras (PBR), Pfizer (PFE), Ambev (ABEV), Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS), Schlumberger (SLB), Vale (VALE) and Abbott Laboratories (ABT).

Suzano trades on the New York Stock Exchange (NYSE) under the ticker symbol "SUZ."

Shares of SUZ stock 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 SUZ stock can currently be purchased for approximately $10.75.

Suzano (NYSE:SUZ) has a market capitalization of $14.63 billion and generates $9.65 billion in revenue each year. The company earns $4.53 billion in net income (profit) each year or $3.42 on an earnings per share basis.

The company employs 19,319 workers across the globe.

Suzano's mailing address is AV. PROFESSOR MAGALHAES NETO 1 752 10TH FLOOR ROOMS 1010 AND 1011, SALVADOR - BA D5, 41 810-012. The official website for the company is www.suzano.com.br. The company can be reached via phone at 551135039000 or via email at ri@suzano.com.