How Much Are Suncorp Shares Worth?

Suncorp Group Limited is a financial services company listed on the Australian Securities Exchange (ASX) under the ticker symbol SUN12. As of the time of writing, the current share price for Suncorp is $13. 542, with a market capitalization of $17. 47 billion. The company has a P/E ratio of 21. 14 and a dividend yield of 3. 633. Suncorp has 1. 27 billion shares outstanding.

The share price performance of Suncorp Group shares can be found in various sources, including marketbeat, MarketBeat, and Reuters. The current share price is $17. 96, a 1. 18 price movement compared to the share price seven days ago and -0. 55 below. The market capitalisation is calculated using total shares, including Treasury shares, and reflects capital management initiatives completed during the performance period.

Suncorp Group Limited’s current share price is $19. 71, with a market value change of +40. 43. Shares in Suncorp are trading at AU$19. 70 as of 29/11/2024 05:10 UTC. On Tuesday, Suncorp Group Ltd closed at 19. 66, -1. 35 below its 52-week high of 19. 93 set on Nov 21, 2024. The stock ticker symbol for Suncorp Group Ltd is SUN.

The Motley Fool Australia provides the latest Suncorp Group Limited (ASX:SUN) share price movements, news, expert commentary, and investing advice. The stock ticker symbol for Suncorp Group Ltd is SUN. The company’s ASX:SUN profile includes today’s share price, announcements, live price charts, upcoming dividends, annual reports, and investor calendar.

How Much Is A Share Price Worth?

A stock's price represents the current market trading value of one share, but a company's true value is determined by multiplying its stock price with the total number of outstanding shares, resulting in market capitalization. This metric signifies the collective perception of the company's worth. Distinguishing between stock price and company value is vital for investors, as these terms are often inaccurately conflated. Utilizing tools like stock calculators can help investors assess potential profits, losses, return on investment, and break-even points when trading stocks.

Valuation ratios, such as the price-to-earnings (P/E) ratio, serve as essential indicators of stock value. A company's market cap can be viewed as a lens for understanding its financial standing, calculated simply by multiplying the share price by the number of shares outstanding. Stock prices fluctuate based on supply, demand, and other market dynamics. Additionally, investment apps enable users to explore hypothetical investments by selecting stocks like Apple, Tesla, or Amazon, setting conditions to analyze potential gains.

Effectively, while the share price denotes the amount someone is willing to pay, the broader evaluation of a company’s stock requires a comprehensive understanding of market capitalization and various valuation metrics. Ultimately, understanding these financial fundamentals is critical for successful investment decisions in the stock market.

Who Is Suncorp Owned By?

Suncorp, formed from the merger of Queensland Government-owned entities and Metway Bank, became Suncorp Metway, ranking as Australia's fifth largest listed financial services group with the Queensland Government holding a 68% stake. The Suncorp parent company, which includes the insurance brand GIO, now focuses primarily on insurance post the recent acquisition of its banking operations by ANZ for $4. 9 billion. This acquisition, which impacts around 9 million customers, faced earlier regulatory hurdles but was ultimately approved by the Australian Competition Tribunal.

Suncorp Group Chairman Christine McLoughlin emphasized that this transition marks a significant milestone for Suncorp, refocused as a dedicated Trans-Tasman insurance entity boasting a century-long history. The banking arm is now under ANZ, making it a Top 50 ASX listed company while Suncorp's various insurance brands, such as AAMI and Vero, will remain independent and central to its strategies. The background of the merger includes the alignment of board member expertise in banking and insurance, reflecting ongoing industry challenges.

Overall, the sale signals a period of substantial change, potentially catalyzing further consolidation in the banking sector as Suncorp aims to fortify its identity solely as a premier insurance provider.

Is Suncorp A Good Stock To Buy Now?

Suncorp Group Limited (ASX: SUN) has an average share price target of AU$18. 82 based on ratings from 6 Wall Street analysts, indicating a Strong Buy consensus. Morgan Stanley's analyst Andrei Stadnik recently reiterated a Buy rating, setting a price target of AU$20. 50, while Suncorp's shares closed at AU$12. 88 last Monday. In mid-day trading, Suncorp's shares rose by 1. 5% to AU$13. 75, potentially influenced by a positive broker note from Goldman Sachs.

TipRanks also shows a Strong Buy rating for SUN stock, with eight Buy and two Hold ratings. Recent performance revealed a 5. 4% increase in half-year net profit fueled by improved investment returns. Notably, Suncorp announced an increase in its dividend to AU$0. 44 from the previous year. Over three years, the stock has appreciated by 45%, outperforming the market, and expectations are for continued medium-term growth despite recent fluctuations in share price. Analysts project a price target range for Suncorp between AU$17. 00 and AU$22. 80. The current trading price is AU$19. 71, with a 52-week high of AU$19. 93 and a low of AU$13. 37.

How Do I Sell My Suncorp Shares?

To buy or sell shares in Suncorp Group Ltd (ASX: SUN), you must contact a licensed stockbroker to arrange the trade. Alternatively, Issuer Sponsored Holders can utilize the share registry's Share Sale Centre for transactions. Recently, shareholders have become aware of Suncorp’s significant $4. 9 billion sale of its banking business to Australia and New Zealand Banking Group Ltd (ASX: ANZ). These shareholders should exercise caution against offers to purchase Suncorp bonds, as investment scams are prevalent—further information can be found on the Australian Government's Scamwatch website.

Suncorp's Share Sale Centre provides a straightforward and affordable service for selling issuer-sponsored shares without needing to open a traditional brokerage account. Current shareholders can sell their shares via the Australian Securities Exchange (ASX) by using the online platform, Investor Trade, which allows users to sell at market price efficiently. While Suncorp has purchased shares within the past year, they have not sold any.

Before executing trades, shareholders should consider their investment goals and carefully navigate selling processes to ensure informed decisions regarding their positions in Suncorp Group stocks and securities.

How Do I Cash Out My Shares?

Cashing out stocks involves selling them through a broker on a stock exchange, providing liquidity for major expenses or opportunities to reinvest. Unlike real estate or jewelry, stocks are more liquid, allowing for quick cash conversion and flexible portfolio management. The process begins with a few key steps: first, determine your investment goals; then, access your brokerage account; and finally, place a sell order. Timing your sale is crucial and depends on your investment strategy, whether to lock in profits, rebalance, or access capital.

To proceed, log into your brokerage account to manage your trades. Choosing the right order type, such as market or limit orders, can impact the effectiveness of your sale in minimizing losses and maximizing gains. It's advisable to review the stock's performance, analyst ratings, and earnings data before making a decision.

Cashing out involves choosing the stock to sell, placing the sell order, and being mindful of any tax implications, particularly capital gains taxes. Make sure your trades align with your financial goals, and utilize accounts like a Tax-Free Savings Account (TFSA) for potential tax benefits. Happy trading!

What Is The Value Of A Share Price?

The share price of a company reflects the value assigned to its stock in the market, with key examples including Reliance Industries at ₹1292. 45, TCS at ₹4266. 42, HDFC Bank at ₹1797. 65, and ICICI Bank at ₹1298. 71. A stock price is determined by the agreement between buyers and sellers and indicates the highest price a buyer is willing to pay or the lowest price a seller will accept. It's essential to differentiate between stock price and value, as stock price fluctuates based on market dynamics, while value is often tied to a company's earning potential and intrinsic worth.

Market capitalization is calculated by multiplying the share price by the total number of shares outstanding, effectively reflecting the company's overall value in the market. Investors commonly use financial ratios like the price-to-earnings (P/E) ratio and the price-to-book (P/B) ratio to evaluate stock worth. A lower P/E ratio compared to peers may indicate an undervalued stock. The market continuously adjusts stock prices based on supply and demand, with market changes impacting transaction prices in real time.

Investors should consider both current market prices and the underlying financial health of a company to make informed decisions, ultimately assessing whether a stock represents a good investment opportunity relative to its perceived intrinsic value.

What Is The Current Share Price Of Suncorp Group Limited?

Suncorp Group Limited's current share price is $19. 76, reflecting a slight increase of 0. 46 compared to the previous week's closing price of $19. 67. The stock has remained unchanged relative to today's opening price. Over the past seven days, there have been fluctuations in its price, including a recent decrease to $19. 66, which is 1. 35 below its 52-week high of $19. 93, reached on November 21, 2024. Investors can access a variety of financial information such as real-time quotes, historical performance, stock charts, dividend history, insider trades, and analysis from ASX.

This data aids in making informed trading and investment decisions. Furthermore, Suncorp's stock symbol is SUN, which continues to be an area of interest for investors seeking insights into the company's valuations, expected dividends, and overall financial performance. As trading continues, the active market engagement allows for comprehensive comparisons and analytical assessments to enhance strategic investment planning.

What Is The Share Price Of Suncorp?

Suncorp Group Limited's current share price is $19. 67, reflecting a movement of 0. 20 from last week's closing price of $19. 63. In comparison to its opening price today, the stock has increased by 0. 25, or 1. 29%. The Suncorp Group (ASX: SUN) shares are witnessing a positive trend on Thursday, currently trading at $18. 65, up 1. 5 points. The share price for SUN has reached 19. 76 AUD with a slight increase of 0. 15 in the last 24 hours. A new issuance of shares is set at $18.

90, indicating a 12. 7% discount from the previous closing price of $21. 64. Currently, shares are trading at $19. 66, which is 1. 35 below the 52-week high of $19. 93 recorded on November 21, 2024. For the latest stock analysis, price targets, and dividend information, investors can refer to MarketBeat and other financial resources.

How Much Is Suncorp Worth?

Suncorp Group has experienced significant growth, with a market capitalization of 25. 06 billion as of November 29, 2024, marking a 47. 36% increase over the past year. The company's current share price stands at $17. 99, reflecting a minor decline of 1. 15 from $18. 20 a week prior. Suncorp Group Limited (SUN. AX), listed on ASX, specializes in insurance and banking services. As of December 2024, the market cap is reported at $16. 08 billion, ranking Suncorp as the 1183rd most valuable company globally.

The stock's recent performance includes a closing price of $19. 66, just below its 52-week high of $19. 93 achieved on November 21, 2024. Investors can access real-time stock price quotes, share price history, dividend information, and comprehensive financial statistics through platforms like MarketWatch and MarketBeat. With over A$95 billion in assets and a customer base exceeding 9 million since 2007, Suncorp remains a notable player in the financial services sector.

How Do I Calculate The Value Of My Shares?

To value a shareholding, multiply the number of shares owned by the price per share. A stock calculator can help determine profits or losses from stock transactions and calculate return on investment along with the break-even share price. If you're unsure of your shares' total worth, simply input the share price and quantity into the calculator. The calculator allows for commission rates, expressed as fixed fees. MarketBeat also offers tools like the Stock Split Calculator to assess how stock splits affect investments.

To calculate returns, list your asset types and compare them against industry benchmarks and cash flow projections. For private firms, valuation methods include Comparative Company Analysis and Discounted Cash Flow. One way to find total share value is by multiplying share price (in pounds) with the number of shares owned, allowing you to quickly assess your investments' worth. Public companies calculate their value by multiplying current stock price by the total number of outstanding shares. Utilize available calculators to simplify this valuation process.

What Is The Current Price Of Suncorp Shares?

Suncorp Group Limited's current share price is $19. 65, reflecting a slight increase of 0. 26 from $19. 60 a week ago. Compared to the opening price today, the share price is down by 0. 05, or -0. 25%. The stock has shown a performance range over the past year from $8. 51 to $19. 93. Recent figures indicate a share price of $19. 76, marked by a 0. 15 increase in the past 24 hours. Meanwhile, quotes for Suncorp Group display varying numbers, with last reported figures at $19.

66, which is -1. 35 from its 52-week high set on November 21. Investors can access detailed insights including dividend history, insider trades, and analyst consensus. With the ticker symbol SUN, the stock is actively traded on the ASX, accompanied by comprehensive data on its price movements, trading status, fundamentals, and peer analysis to facilitate investment decisions.