Suncor Energy Inc. (SU) Announces Quarterly Dividend of $0.26
Suncor Energy (NYSE:SU) declared a quarterly dividend on Friday, August 1st, Analyst Ratings.Net reports. Investors of record on Thursday, September 4th will be given a dividend of 0.2593 per share on Thursday, September 25th. This represents a $1.04 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date of this dividend is Tuesday, September 2nd.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Suncor Energy in a research note on Wednesday, July 9th. They now have a $45.00 price target on the stock. On the ratings front, analysts at Stifel Nicolaus upgraded shares of Suncor Energy from a “hold” rating to a “buy” rating in a research note on Tuesday, June 10th. They now have a $48.00 price target on the stock. Finally, analysts at Stifel Nicolaus upgraded shares of Suncor Energy from a “hold” rating to a “buy” rating in a research note on Tuesday, June 10th. They now have a $48.00 price target on the stock. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Suncor Energy presently has an average rating of “Buy” and an average price target of $45.17.
Suncor Energy (NYSE:SU) traded down 3.26% during mid-day trading on Friday, hitting $39.73. 5,432,524 shares of the company’s stock traded hands. Suncor Energy has a 52 week low of $31.30 and a 52 week high of $43.49. The stock’s 50-day moving average is $42.19 and its 200-day moving average is $37.18. The company has a market cap of $58.339 billion and a price-to-earnings ratio of 15.43.
Suncor Energy (NYSE:SU) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.73. Analysts expect that Suncor Energy will post $3.80 EPS for the current fiscal year.
Suncor Energy Inc (NYSE:SU) is an integrated energy company.
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