Suncor Energy (TSE:SU) Hits New 52-Week High – Still a Buy?

Posted by Brian Himes on May 19th, 2026

Suncor Energy Inc. (TSE:SU – Get Free Report) (NYSE:SU) shares reached a new 52-week high on Tuesday . The stock traded as high as C$96.09 and last traded at C$95.79, with a volume of 221181 shares. The stock had previously closed at C$93.99.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. ATB Cormark Capital Markets raised shares of Suncor Energy from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, April 1st. Royal Bank Of Canada boosted their target price on Suncor Energy from C$89.00 to C$100.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 8th. National Bank Financial boosted their target price on Suncor Energy from C$85.00 to C$118.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. Canadian Imperial Bank of Commerce boosted their target price on Suncor Energy from C$88.00 to C$92.00 in a research note on Thursday, April 2nd. Finally, JPMorgan Chase & Co. boosted their target price on Suncor Energy from C$105.00 to C$106.00 in a research note on Tuesday, May 12th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$93.13.

Read Our Latest Stock Report on Suncor Energy

Suncor Energy Price Performance

The company has a fifty day moving average of C$87.89 and a 200 day moving average of C$73.71. The firm has a market capitalization of C$112.34 billion, a P/E ratio of 18.09, a PEG ratio of 0.15 and a beta of 0.37. The company has a debt-to-equity ratio of 32.36, a current ratio of 1.42 and a quick ratio of 0.83.

Suncor Energy (TSE:SU – Get Free Report) (NYSE:SU) last announced its earnings results on Tuesday, May 5th. The company reported C$1.93 EPS for the quarter. Suncor Energy had a return on equity of 14.01% and a net margin of 12.17%.The business had revenue of C$14.48 billion for the quarter. Sell-side analysts predict that Suncor Energy Inc. will post 4.4208333 earnings per share for the current year.

Suncor Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Wednesday, March 25th were issued a $0.60 dividend. The ex-dividend date was Wednesday, March 4th. This represents a $2.40 annualized dividend and a yield of 2.5%. Suncor Energy’s dividend payout ratio is presently 44.49%.

Suncor Energy Company Profile

(Get Free Report)

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. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power.