Suncor Energy - SU Stock Forecast, Price & News

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Suncor Energy in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SU shares.
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18 equities research analysts have issued 12 month target prices for Suncor Energy's stock. Their SU share price forecasts range from C$28.00 to C$65.00. On average, they predict the company's stock price to reach C$49.45 in the next year. This suggests a possible upside of 11.8% from the stock's current price.
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Suncor Energy's stock was trading at C$31.65 at the beginning of 2022. Since then, SU stock has increased by 39.7% and is now trading at C$44.23.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our SU earnings forecast.

Suncor Energy Inc. (TSE:SU) issued its quarterly earnings data on Thursday, August, 4th. The company reported $2.71 earnings per share for the quarter, topping analysts' consensus estimates of $2.21 by $0.50. The company earned $16.20 billion during the quarter, compared to the consensus estimate of $12.49 billion.

Suncor Energy announced a quarterly dividend on Thursday, August 4th. Shareholders of record on Friday, September 2nd will be given a dividend of 0.47 per share on Monday, September 26th. This represents a $1.88 dividend on an annualized basis and a yield of 4.25%. The ex-dividend date is Thursday, September 1st.
Read our dividend analysis for SU.

Suncor Energy (TSE:SU) pays an annual dividend of C$1.52 per share and currently has a dividend yield of 4.34%. SU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 23.28%. 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.
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One share of SU stock can currently be purchased for approximately C$44.23.

Suncor Energy (TSE:SU) has a market capitalization of C$60.36 billion and generates C$50.77 billion in revenue each year.

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.