Suncor Energy, Inc. (SU) Falls -3.78%, Causing Bears To Lose

Suncor Energy, Inc. (NYSE:SU) has a beta value of 1.12 and has seen 3.65 million shares traded in the last trading session. The company, currently valued at $49.15B, closed the last trade at $38.19 per share which meant it lost -$1.5 on the day or -3.78% during that session. The SU stock price is -4.03% off its 52-week high price of $39.73 and 27.76% above the 52-week low of $27.59. The 3-month trading volume is 4.40 million shares.

Suncor Energy, Inc. (NYSE:SU) trade information

Sporting -3.78% in the red in last session, the stock has traded in the red over the last five days, when the SU stock price touched $38.19 or saw a rise of 3.88%. Year-to-date, Suncor Energy, Inc. shares have moved 19.19%, while the 5-day performance has seen it change -2.45%. Over the past 30 days, the shares of Suncor Energy, Inc. (NYSE:SU) have changed 2.36%.

Suncor Energy, Inc. (SU) estimates and forecasts

Figures show that Suncor Energy, Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained 17.62% over the past 6 months, with this year growth rate of 0.00%, compared to -1.90% for the industry. Revenue growth from the last financial year stood is estimated to be 7.30%.

3 analysts offering their estimates for the company have set an average revenue estimate of $10 billion for the current quarter. 3 have an estimated revenue figure of $9.43 billion for the next quarter concluding in Jun 2024.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 24.59% over the past 5 years. Earnings growth for 2024 is a modest 5.01% while over the next 5 years, the company’s earnings are expected to decrease by -5.91%.

SU Dividends

Suncor Energy, Inc. is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.57 at a share yield of 4.12%. The company’s dividend yield has gone up over the past 12 months.