Suncor Energy, Inc. (NYSE:SU) has a beta value of 1.14 and has seen 16.27 million shares traded in the last trading session. The company, currently valued at $50.45B, closed the last trade at $39.72 per share which meant it lost -$0.82 on the day or -2.02% during that session. The SU stock price is -5.59% off its 52-week high price of $41.94 and 25.86% above the 52-week low of $29.45. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.91 million shares traded. The 3-month trading volume is 4.48 million shares.

The consensus among analysts is that Suncor Energy, Inc. (SU) is Buy stock at the moment, with a recommendation rating of 1.95. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 11 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 1.0.

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

Sporting -2.02% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SU stock price touched $39.72 or saw a rise of 4.45%. Year-to-date, Suncor Energy, Inc. shares have moved 23.97%, while the 5-day performance has seen it change -4.75%. Over the past 30 days, the shares of Suncor Energy, Inc. (NYSE:SU) have changed 8.11%. Short interest in the company has seen 11.36 million shares shorted with days to cover at 11.54.

Wall Street analysts have a consensus price target for the stock at $39.01, which means that the shares’ value could drop -1.82% from current levels. The projected low price target is $26.25966849 while the price target rests at a high of $62.0. In that case, then, we find that the current price level is -56.09% off the targeted high while a plunge would see the stock lose 33.89% from current levels.

Suncor Energy, Inc. (SU) estimates and forecasts

Figures show that Suncor Energy, Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained 16.00% over the past 6 months, with this year growth rate of -1.59%, compared to 2.10% for the industry. Revenue growth from the last financial year stood is estimated to be 0.20%.

2 analysts offering their estimates for the company have set an average revenue estimate of 10.68B for the current quarter. 2 have an estimated revenue figure of 10.49B for the next ending quarter. Year-ago sales stood 9.39B and 10.33B respectively for this quarter and the next, and analysts expect sales will grow by 13.80% for the current quarter and 0.20% for the next.

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 3.03% while over the next 5 years, the company’s earnings are expected to increase by 13.13%.

SU Dividends

Suncor Energy, Inc. is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.20 at a share yield of 3.03%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 4.43%.

Suncor Energy, Inc. (NYSE:SU)’s Major holders

Insiders own 0.01% of the company shares, while shares held by institutions stand at 73.54% with a share float percentage of 73.55%. Investors are also buoyed by the number of investors in a company, with Suncor Energy, Inc. having a total of 924.0 institutions that hold shares in the company. The top two institutional holders are ROYAL BANK OF CANADA with over 63.81 million shares worth more than $2.43 billion. As of 2024-06-30, ROYAL BANK OF CANADA held 4.9545% of shares outstanding.

The other major institutional holder is SANDERS CAPITAL, LLC, with the holding of over 57.92 million shares as of 2024-06-30. The firm’s total holdings are worth over $2.21 billion and represent 4.4967% of shares outstanding.