Latest news with #SuncorpGroup
Business Insider
9 hours ago
- Business
- Business Insider
Morgan Stanley Keeps Their Buy Rating on Suncorp Group (SNMYF)
Morgan Stanley analyst Andrei Stadnik maintained a Buy rating on Suncorp Group (SNMYF – Research Report) today and set a price target of A$25.00. The company's shares closed last Friday at $13.81. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Stadnik is a 4-star analyst with an average return of 6.8% and a 55.30% success rate. Stadnik covers the Financial sector, focusing on stocks such as Macquarie Group Limited, QBE Insurance Group Limited, and Computershare Limited. Currently, the analyst consensus on Suncorp Group is a Moderate Buy with an average price target of $13.89. SNMYF market cap is currently $14.93B and has a P/E ratio of 16.07. Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SNMYF in relation to earlier this year.
Business Insider
28-05-2025
- Business
- Business Insider
UBS Remains a Hold on Suncorp Group (SNMYF)
UBS analyst Kieren Chidgey maintained a Hold rating on Suncorp Group (SNMYF – Research Report) today and set a price target of A$21.65. The company's shares closed last Tuesday at $12.06. Confident Investing Starts Here: Chidgey covers the Financial sector, focusing on stocks such as ASX , Insurance Australia Group Limited, and Medibank Private. According to TipRanks, Chidgey has an average return of -0.5% and a 55.00% success rate on recommended stocks. Suncorp Group has an analyst consensus of Moderate Buy, with a price target consensus of $13.80. Based on Suncorp Group's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $7.35 billion and a net profit of $1.1 billion. In comparison, last year the company earned a revenue of $9.5 billion and had a net profit of $582 million Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SNMYF in relation to earlier this year.
Yahoo
26-03-2025
- Business
- Yahoo
Those who invested in Suncorp Group (ASX:SUN) five years ago are up 159%
Suncorp Group Limited (ASX:SUN) shareholders might be concerned after seeing the share price drop 16% in the last quarter. But the silver lining is the stock is up over five years. However we are not very impressed because the share price is only up 74%, less than the market return of 97%. So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. Over half a decade, Suncorp Group managed to grow its earnings per share at 5.1% a year. This EPS growth is slower than the share price growth of 12% per year, over the same period. So it's fair to assume the market has a higher opinion of the business than it did five years ago. That's not necessarily surprising considering the five-year track record of earnings growth. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). It's good to see that there was some significant insider buying in the last three months. That's a positive. On the other hand, we think the revenue and earnings trends are much more meaningful measures of the business. This free interactive report on Suncorp Group's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Suncorp Group's TSR for the last 5 years was 159%, which exceeds the share price return mentioned earlier. And there's no prize for guessing that the dividend payments largely explain the divergence! It's good to see that Suncorp Group has rewarded shareholders with a total shareholder return of 24% in the last twelve months. Of course, that includes the dividend. That's better than the annualised return of 21% over half a decade, implying that the company is doing better recently. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Even so, be aware that Suncorp Group is showing 2 warning signs in our investment analysis , and 1 of those is concerning... Suncorp Group is not the only stock that insiders are buying. For those who like to find lesser know companies this free list of growing companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Australian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
13-02-2025
- Business
- Yahoo
Suncorp Group First Half 2025 Earnings: Beats Expectations
Revenue: AU$7.35b (up 15% from 1H 2024). Net income: AU$837.0m (up 84% from 1H 2024). Profit margin: 11% (up from 7.1% in 1H 2024). The increase in margin was driven by higher revenue. EPS: AU$0.66 (up from AU$0.36 in 1H 2024). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 6.3%. Earnings per share (EPS) also surpassed analyst estimates by 21%. Looking ahead, revenue is forecast to grow 3.0% p.a. on average during the next 3 years, while revenues in the Insurance industry in Australia are expected to remain flat. Performance of the Australian Insurance industry. The company's shares are down 3.0% from a week ago. You still need to take note of risks, for example - Suncorp Group has 2 warning signs (and 1 which shouldn't be ignored) we think you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
12-02-2025
- Business
- Yahoo
Is Now The Time To Put Suncorp Group (ASX:SUN) On Your Watchlist?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up. Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like Suncorp Group (ASX:SUN). While this doesn't necessarily speak to whether it's undervalued, the profitability of the business is enough to warrant some appreciation - especially if its growing. Check out our latest analysis for Suncorp Group If you believe that markets are even vaguely efficient, then over the long term you'd expect a company's share price to follow its earnings per share (EPS) outcomes. So it makes sense that experienced investors pay close attention to company EPS when undertaking investment research. Over the last three years, Suncorp Group has grown EPS by 12% per year. That's a pretty good rate, if the company can sustain it. One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. Our analysis has highlighted that Suncorp Group's revenue from operations did not account for all of their revenue last year, so our analysis of its margins might not accurately reflect the underlying business. Unfortunately, revenue is down and so are margins. That will not make it easy to grow profits, to say the least. In the chart below, you can see how the company has grown earnings and revenue, over time. To see the actual numbers, click on the chart. Of course the knack is to find stocks that have their best days in the future, not in the past. You could base your opinion on past performance, of course, but you may also want to check this interactive graph of professional analyst EPS forecasts for Suncorp Group. Owing to the size of Suncorp Group, we wouldn't expect insiders to hold a significant proportion of the company. But we are reassured by the fact they have invested in the company. Indeed, they hold AU$31m worth of its stock. That shows significant buy-in, and may indicate conviction in the business strategy. Despite being just 0.1% of the company, the value of that investment is enough to show insiders have plenty riding on the venture. One positive for Suncorp Group is that it is growing EPS. That's nice to see. To add an extra spark to the fire, significant insider ownership in the company is another highlight. That combination is very appealing. So yes, we do think the stock is worth keeping an eye on. It is worth noting though that we have found 2 warning signs for Suncorp Group (1 can't be ignored!) that you need to take into consideration. While opting for stocks without growing earnings and absent insider buying can yield results, for investors valuing these key metrics, here is a carefully selected list of companies in AU with promising growth potential and insider confidence. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
