Brokers Set Expectations for Suncor Energy FY2025 Earnings

Suncor Energy Inc. (TSE:SU) (NYSE:SU) – Research analysts at Raymond James decreased their FY2025 earnings estimates for shares of Suncor Energy in a research note issued on Wednesday, May 7th. Raymond James analyst M. Barth now forecasts that the company will post earnings per share of $3.92 for the year, down from their prior forecast of $5.60. Raymond James has a “Market Perform” rating and a $56.00 price target on the stock. The consensus estimate for Suncor Energy’s current full-year earnings is $4.42 per share. Raymond James also issued estimates for Suncor Energy’s FY2026 earnings at $3.29 EPS, FY2027 earnings at $3.41 EPS and FY2028 earnings at $5.05 EPS.

A number of other equities analysts have also recently commented on the stock. Tudor Pickering raised shares of Suncor Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, February 10th. Desjardins cut their price target on shares of Suncor Energy from C$63.00 to C$62.00 and set a “buy” rating on the stock in a report on Thursday. Royal Bank of Canada cut their price target on shares of Suncor Energy from C$66.00 to C$65.00 in a report on Tuesday, January 14th. Scotiabank raised shares of Suncor Energy to a “hold” rating in a report on Wednesday, March 19th. Finally, National Bankshares raised their price target on shares of Suncor Energy from C$65.00 to C$68.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$62.58.

Suncor Energy Price Performance

Shares of TSE:SU opened at C$48.72 on Monday. The stock has a market cap of C$61.11 billion, a PE ratio of 7.69, a PEG ratio of 0.15 and a beta of 1.47. The company’s fifty day moving average is C$50.23 and its 200 day moving average is C$53.07. Suncor Energy has a 52 week low of C$43.59 and a 52 week high of C$58.58. The company has a quick ratio of 0.83, a current ratio of 1.59 and a debt-to-equity ratio of 33.35.

Suncor Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 25th were paid a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 4.68%. The ex-dividend date was Tuesday, March 4th. Suncor Energy’s payout ratio is 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.