Suncor Energy FY2025 EPS Boosted by Raymond James Financial

Suncor Energy Inc. (TSE:SU) (NYSE:SU) – Analysts at Raymond James Financial increased their FY2025 earnings per share estimates for Suncor Energy in a research report issued on Wednesday, August 6th. Raymond James Financial analyst M. Barth now forecasts that the company will post earnings per share of $4.20 for the year, up from their prior forecast of $3.92. Raymond James Financial currently has a “Market Perform” rating and a $58.00 target price on the stock. The consensus estimate for Suncor Energy’s current full-year earnings is $4.42 per share. Raymond James Financial also issued estimates for Suncor Energy’s FY2026 earnings at $3.36 EPS and FY2027 earnings at $3.50 EPS.

Suncor Energy (TSE:SU) (NYSE:SU) last released its earnings results on Tuesday, August 5th. The company reported C$0.71 EPS for the quarter. Suncor Energy had a return on equity of 18.10% and a net margin of 15.15%.

Other analysts have also issued reports about the company. ATB Capital boosted their price objective on Suncor Energy from C$60.00 to C$62.00 and gave the company a “sector perform” rating in a research note on Thursday. Wells Fargo & Company boosted their price objective on Suncor Energy from C$59.00 to C$60.00 and gave the company an “overweight” rating in a research note on Thursday, June 26th. Desjardins boosted their price objective on Suncor Energy from C$64.00 to C$65.00 and gave the company a “buy” rating in a research note on Thursday. Scotiabank boosted their price objective on Suncor Energy from C$60.00 to C$62.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 6th. Finally, TD Securities boosted their price objective on Suncor Energy from C$62.00 to C$63.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Five equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$62.67.

Suncor Energy Stock Performance

Shares of SU opened at C$53.94 on Monday. The firm has a market cap of C$67.65 billion, a PE ratio of 8.52, a PEG ratio of 0.15 and a beta of 1.47. The stock’s fifty day moving average price is C$53.17 and its two-hundred day moving average price is C$52.25. The company has a debt-to-equity ratio of 33.35, a current ratio of 1.59 and a quick ratio of 0.83. Suncor Energy has a 1 year low of C$43.59 and a 1 year high of C$58.58.

Insider Buying and Selling

In other Suncor Energy news, Director Russell Girling purchased 10,000 shares of the stock in a transaction on Friday, June 6th. The stock was acquired at an average price of C$50.41 per share, with a total value of C$504,100.00. Also, Senior Officer Jacqueline Sue Moore sold 25,585 shares of the company’s stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of C$55.99, for a total value of C$1,432,478.57. Corporate insiders own 0.01% of the company’s stock.

Suncor Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 25th were given a dividend of $0.57 per share. The ex-dividend date of this dividend was Wednesday, June 4th. This represents a $2.28 dividend on an annualized basis and a yield of 4.2%. Suncor Energy’s dividend payout ratio is presently 34.42%.

About Suncor Energy

Suncor Energy Inc is an integrated energy company. The company’s operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company’s PetroCanada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen.