Suncor Energy - SU Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Suncor Energy in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SU, but not buy additional shares or sell existing shares.
View SU analyst ratings or view top-rated stocks.

9 analysts have issued twelve-month price targets for Suncor Energy's stock. Their SU share price forecasts range from C$44.00 to C$60.00. On average, they predict the company's stock price to reach C$53.75 in the next twelve months. This suggests a possible upside of 35.1% from the stock's current price.
View analysts price targets for SU or view top-rated stocks among Wall Street analysts.

Suncor Energy's stock was trading at C$42.95 at the start of the year. Since then, SU stock has decreased by 7.4% and is now trading at C$39.79.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our SU earnings forecast.

Suncor Energy Inc. (TSE:SU) posted its earnings results on Wednesday, July, 26th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.11. The firm earned $7.26 billion during the quarter, compared to analysts' expectations of $7.41 billion. Suncor Energy had a trailing twelve-month return on equity of 23.89% and a net margin of 15.56%.

Suncor Energy announced a quarterly dividend on Thursday, March 2nd. Shareholders of record on Friday, March 24th will be paid a dividend of 0.52 per share on Friday, March 24th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 5.23%. The ex-dividend date is Thursday, March 2nd.
Read our dividend analysis for SU.

Suncor Energy (TSE:SU) pays an annual dividend of C$2.08 per share and currently has a dividend yield of 5.12%. SU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 31.85%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SU.

Based on aggregate information from My MarketBeat watchlists, some companies that other Suncor Energy investors own include Enbridge (ENB), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), Canadian Natural Resources (CNQ), Air Canada (AC), Royal Bank of Canada (RY), BCE (BCE), Pembina Pipeline (PPL), Manulife Financial (MFC) and Bank of Montreal (BMO).

Suncor Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "SU."

Shares of SU stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

One share of SU stock can currently be purchased for approximately C$39.79.

Suncor Energy (TSE:SU) has a market capitalization of C$52.92 billion and generates C$58.34 billion in revenue each year. The company earns C$9.08 billion in net income (profit) each year or C$6.53 on an earnings per share basis.

The company employs 16,922 workers across the globe.

Suncor Energy's mailing address is 150 6th Avenue S.W., Stn M PO Box 2844, CALGARY, AB T2P 3E3, Canada. The official website for the company is www.suncor.com. The company can be reached via phone at +1-403-2968000.