Sunoco (SUN) Projected to Post Earnings on Tuesday

Sunoco (NYSE:SUN) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Tuesday, May 6th. Analysts expect Sunoco to post earnings of $2.44 per share and revenue of $5.58 billion for the quarter.

Sunoco (NYSE:SUN) last released its earnings results on Tuesday, February 11th. The oil and gas company reported $0.75 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.73). Sunoco had a return on equity of 22.52% and a net margin of 3.85%. On average, analysts expect Sunoco to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Sunoco Trading Up 1.6 %

NYSE SUN opened at $57.92 on Friday. The company has a quick ratio of 0.66, a current ratio of 1.27 and a debt-to-equity ratio of 1.84. The stock has a market capitalization of $8.84 billion, a P/E ratio of 8.78 and a beta of 1.06. Sunoco has a 52-week low of $48.00 and a 52-week high of $59.88. The firm has a 50-day moving average price of $56.96 and a 200 day moving average price of $55.00.

Sunoco Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 20th. Stockholders of record on Friday, May 9th will be paid a dividend of $0.8976 per share. This represents a $3.59 dividend on an annualized basis and a dividend yield of 6.20%. This is an increase from Sunoco’s previous quarterly dividend of $0.89. The ex-dividend date of this dividend is Friday, May 9th. Sunoco’s dividend payout ratio is 54.39%.

Wall Street Analyst Weigh In

SUN has been the topic of a number of recent analyst reports. Mizuho upped their price objective on Sunoco from $66.00 to $68.00 and gave the stock an “outperform” rating in a report on Thursday, April 3rd. Barclays decreased their target price on shares of Sunoco from $62.00 to $61.00 and set an “overweight” rating on the stock in a research report on Friday, March 28th. Finally, JPMorgan Chase & Co. increased their price target on shares of Sunoco from $63.00 to $66.00 and gave the company an “overweight” rating in a report on Thursday, April 24th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $64.33.

About Sunoco

Sunoco LP, together with its subsidiaries, distributes and retails motor fuels in the United States. It operates through two segments: Fuel Distribution and Marketing, and All Other. The Fuel Distribution and Marketing segment purchases motor fuel, as well as other petroleum products, such as propane and lubricating oil from independent refiners and oil companies and supplies it to company-operated retail stores, independently operated commission agents, and retail stores, as well as other commercial customers, including unbranded retail stores, other fuel distributors, school districts, municipalities, and other industrial customers.