Suncor Energy - SU Stock Forecast, Price & News

18 Wall Street 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 analysts is that investors should "buy" SU shares.
View SU analyst ratings or view top-rated stocks.

18 equities research analysts have issued twelve-month price objectives for Suncor Energy's stock. Their SU share price forecasts range from C$28.00 to C$65.00. On average, they anticipate the company's stock price to reach C$49.45 in the next twelve months. This suggests a possible upside of 27.1% 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$31.65 at the start of the year. Since then, SU shares have increased by 22.9% and is now trading at C$38.90.
View the best growth stocks for 2022 here.

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) released its earnings results on Thursday, August, 4th. The company reported $2.71 EPS for the quarter, beating analysts' consensus estimates of $2.21 by $0.50. The firm 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. Stockholders of record on Friday, September 2nd will be paid a dividend of 0.47 per share on Monday, September 26th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 4.83%. The ex-dividend date of this dividend is Thursday, September 1st.
Read our dividend analysis for SU.

Suncor Energy (TSE:SU) pays an annual dividend of C$1.88 per share and currently has a dividend yield of 5.09%. SU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 28.79%. 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$38.90.

Suncor Energy (TSE:SU) has a market capitalization of C$53.09 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.