Is Suncor Energy, Inc. (NYSE: SU) Potentially Life-Changing Stock?

In the last trading session, 3.82 million Suncor Energy, Inc. (NYSE:SU) shares changed hands as the company’s beta touched 1.12. With the company’s per share price at $38.94 changed hands at $0.06 or 0.15% during last session, the market valuation stood at $50.12B. SU’s last price was a discount, traded about -2.03% off its 52-week high of $39.73. The share price had its 52-week low at $27.59, which suggests the last value was 29.15% up since then. When we look at Suncor Energy, Inc.’s average trading volume, we note the 3-month average coming to 4.51 million.

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

Instantly SU was in green as seen at the end of in last trading. With action 1.96%, the performance over the past five days has been green. The jump to weekly highs of 39.31 added 0.15% to the stock’s daily price. The company’s shares are showing year-to-date upside of 21.54%, with the 5-day performance at 1.96% in the green. However, in the 30-day time frame, Suncor Energy, Inc. (NYSE:SU) is 0.62% up.

Suncor Energy, Inc. (SU) estimates and forecasts

Data shows that the Suncor Energy, Inc. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 15.38% over the past 6 months, a -0.26% in annual growth rate that is considerably higher than the industry average of -3.00%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 24.59%. The 2024 estimates are for Suncor Energy, Inc. earnings to increase by 5.01%, but the outlook for the next 5-year period is at -5.91% per year.

SU Dividends

Suncor Energy, Inc. is expected to release its next quarterly earnings report in June. The 4.04% annual yield figure for the share gives it an annual dividend of 1.57. It is important to note, however, that the 4.04% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.