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How to buy Suncorp (SUN) shares in Australia

Learn how to easily invest in Suncorp shares.

Suncorp is an insurance - property & casualty business based in Australia. Suncorp shares (SUN) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Suncorp has a trailing 12-month revenue of around $20.1 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Suncorp

To buy shares listed in Australia such as Suncorp, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. Search for Suncorp.
    Find the share by name or ticker symbol: SUN. Research its history to confirm it's a solid investment against your financial goals.
  3. Purchase now or later.
    Buy today with a market order or use a limit order to delay your purchase until Suncorp reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. Decide on how many to buy.
    At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  5. Check on your investment.
    Congratulations, you own a part of Suncorp. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.

Suncorp stock price (ASX:SUN)

Use our graph to track the performance of SUN stocks over time.

Suncorp shares at a glance

Information last updated 2024-07-19.
52-week range$12.529 - $17.73
50-day moving average $16.532
200-day moving average $15.1398
Target price$18
PE ratio 18.6374
Dividend yield $0.61 (3.6%)
Earnings per share (TTM) $0.91

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy Suncorp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Suncorp price performance over time

Historical closes compared with the last close of A$16.89

1 week (2024-07-16) -0.30%
1 month (2024-06-21) 0.72%
3 months (2024-04-23) 4.13%
6 months (2024-01-23) 18.36%
1 year (2023-07-21) 20.90%
2 years (2022-07-22) 53.41%
3 years (2021-07-23) 48.16%
5 years (2019-07-23) 20.82%

Is Suncorp under- or over-valued?

Valuing Suncorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Suncorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Suncorp's P/E ratio

Suncorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 19x. In other words, Suncorp shares trade at around 19x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Suncorp's EBITDA

Suncorp's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $4.6 billion (£2.4 billion).

The EBITDA is a measure of a Suncorp's overall financial performance and is widely used to measure stock profitability.

Suncorp financials

Revenue TTM $20.1 billion
Operating margin TTM 28.9%
Gross profit TTM $6.4 billion
Return on assets TTM 2.55%
Return on equity TTM 8.87%
Profit margin 5.87%
Book value 10.794
Market capitalisation $21.6 billion

TTM: trailing 12 months

Suncorp's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Suncorp.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Suncorp's total ESG risk score

Total ESG risk: 19.75

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Suncorp's overall score of 19.75 (as at 12/31/2018) is pretty good – landing it in it in the 23rd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Suncorp is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Suncorp's environmental score

Environmental score: 1.82/100

Suncorp's environmental score of 1.82 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Suncorp is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Suncorp's social score

Social score: 8.06/100

Suncorp's social score of 8.06 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Suncorp is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Suncorp's governance score

Governance score: 8.87/100

Suncorp's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that Suncorp is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Suncorp's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Suncorp scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Suncorp has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Suncorp Group Ltd was last rated for ESG on: 2019-01-01.

Total ESG score 19.75
Total ESG percentile 22.72
Environmental score 1.82
Environmental score percentile 2
Social score 8.06
Social score percentile 2
Governance score 8.87
Governance score percentile 2
Level of controversy 2

Suncorp share dividends

66%

Dividend payout ratio: 66.06% of net profits

Recently Suncorp has paid out, on average, around 66.06% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.6% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Suncorp shareholders could enjoy a 3.6% return on their shares, in the form of dividend payments. In Suncorp's case, that would currently equate to about A$0.61 per share.

Suncorp's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 28 February 2024 (the "ex-dividend date").

Have Suncorp's shares ever split?

Suncorp's shares were split on a 971:1000 basis on 29 September 2019. So if you had owned 1000 shares the day before the split, the next day you would own 971 shares. This wouldn't directly have changed the overall worth of your Suncorp shares – just the quantity. However, indirectly, the new 3% higher share price could have impacted the market appetite for Suncorp shares which in turn could have impacted Suncorp's share price.

Suncorp share price volatility

Over the last 12 months, Suncorp's shares have ranged in value from as little as $12.529 up to $17.73. A popular way to gauge a stock's volatility is its "beta".

SUN.AU volatility(beta: 0.72)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Suncorp's is 0.724. This would suggest that Suncorp's shares are less volatile than average (for this exchange).

Suncorp overview

Suncorp Group Limited provides insurance and banking products and services to retail, corporate, and commercial customers in Australia and New Zealand. The company operates through Insurance (Australia), Suncorp Bank, and Suncorp New Zealand segments. The Insurance (Australia) segment provides general insurance products and services, including home and contents, motor, marine, travel, commercial property, industrial special risk, public liability and professional indemnity, workers' compensation, and compulsory third-party products, as well as distributes life insurance products. The Suncorp Bank segment offers banking services, such as commercial, agribusiness, small business, and home loans; savings and transaction accounts; foreign exchange services; and treasury products and services. The Suncorp New Zealand segment provides general and life insurance products comprising home and contents, motor, commercial property, public liability and professional indemnity, life, trauma, total and permanent disablement, and income protection. The company was formerly known as Suncorp-Metway Limited and changed its name to Suncorp Group Limited in December 2010. The company was founded in 1902 and is headquartered in Brisbane, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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