Suncor Energy, Inc (NYSE:SU)’s traded shares stood at 1.06 million during the latest session, with the company’s beta value hitting 0.81. At the last check today, the stock’s price was $35.82, to imply an increase of 1.50% or $0.53 in intraday trading. The SU share’s 52-week high remains $41.94, putting it -17.09% down since that peak but still an impressive 14.04% since price per share fell to its 52-week low of $30.79. The company has a valuation of $44.31B, with an average of 3.37 million shares in intraday trading volume over the past 10 days and average of 5.03 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Suncor Energy, Inc (SU), translating to a mean rating of 1.87. Of 11 analyst(s) looking at the stock, 0 analyst(s) give SU a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 7 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 1.27.
Suncor Energy, Inc (NYSE:SU) trade information
After registering a 1.50% upside in the latest session, Suncor Energy, Inc (SU) has traded red over the past five days. The 5-day price performance for the stock is 0.62%, and -8.27% over 30 days. With these gigs, the year-to-date price performance is 0.39%. Short interest in Suncor Energy, Inc (NYSE:SU) saw shorts transact 11.64 million shares and set a 2.23 days time to cover.
The extremes give us $65 and $65 for target low and target high price respectively. As such, SU has been trading -81.46% off suggested target high and -81.46% from its likely low.
Suncor Energy, Inc (SU) estimates and forecasts
The rating firms project that company’s revenue will shrink -1.03% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 13.34B. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 11.69B.Earnings reports from the last fiscal year show that sales brought in 12.53B and 13.04B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 6.49% before dropping -10.33% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 19.72% for the past 5-year period. While 2025 is set for a -15.38% return in earnings, projections for the next 5 years are at 4.43% annually.
SU Dividends
Suncor Energy, Inc has its next earnings report out on 2025-Feb-04. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Suncor Energy, Inc has a forward dividend ratio of 1.60, with the share yield ticking at 4.47% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 4.34%.
Suncor Energy, Inc (NYSE:SU)’s Major holders
Suncor Energy, Inc insiders hold 0.01% of total outstanding shares, with institutional holders owning 71.89% of the shares at 71.90% float percentage. In total, 71.89% institutions holds shares in the company, led by ROYAL BANK OF CANADA. As of 2024-06-30, the company held over 63.81 million shares (or 4.9545% of shares), all amounting to roughly $2.43 billion.
The next major institution holding the largest number of shares is SANDERS CAPITAL, LLC with 57.92 million shares, or about 4.5142% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $2.21 billion.
We also have Dodge & Cox Funds-Dodge & Cox International Stock Fund and Artisan Partners Funds Inc.-Artisan International Value Fund as the top two Mutual Funds with the largest holdings of the Suncor Energy, Inc (SU) shares. Going by data provided on Dec 31, 2024 , Dodge & Cox Funds-Dodge & Cox International Stock Fund holds roughly 21.67 shares. This is just over 1.76% of the total shares, with a market valuation of $776.5 million. Data from the same date shows that the other fund manager holds a little less at 18.91, or 1.53% of the shares, all valued at about 677.8 million.
