Suncorp Group (SUN) AI Stock Analysis

• Market Cap: $21.83B
• Dividend Yield: 23.59%
• Average Volume (3M): 2.52M
• Price to Earnings (P/E): 14.2
• Beta (1Y): 0.65
• Revenue Growth: -0.54%
• EPS Growth: N/A
• Country: AU
• Employees: 10,500
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Property & Casualty
• EPS (TTM): 0.57
• Shares Outstanding: 1,082,967,500
• 10 Day Avg. Volume: 2,292,909
• 30 Day Avg. Volume: 2,523,904
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.29
• Enterprise Value/Revenue: 1.78
• Enterprise Value/Gross Profit: 7.96
• Enterprise Value/Ebitda: 12.54
• 1Y Price Target: $22.42
• Price Target Upside: 11.23% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 10

• Rating: 71 Outperform
• Price Target: AU$22.50 ▲(11.61% Upside)

Suncorp Group's strong financial performance and attractive valuation are the primary drivers of its stock score. However, technical analysis indicates potential bearish momentum, which slightly offsets the positive financial and valuation aspects. The absence of recent earnings call data and corporate events means these factors do not influence the score.

Suncorp Group Business Overview & Revenue Model

Company Description

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 products and 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. Suncorp Group Limited was founded in 1902 and is headquartered in Brisbane, Australia.

How the Company Makes Money

Suncorp Group makes money primarily through its diversified financial services operations. The Insurance segment is a key revenue driver, generating income from premiums on general and life insurance policies. This includes car, home, and health insurance products. The Banking & Wealth segment contributes to earnings through interest income from loans, mortgages, and investment products, as well as fees from financial advisory services. Suncorp New Zealand adds to the revenue mix with similar insurance and banking offerings. Additionally, the company benefits from investment returns on its insurance funds and capital. Strategic partnerships and a focus on digital transformation also play a role in enhancing its revenue streams by expanding market reach and improving customer engagement.

Suncorp Group Financial Statement Overview

Summary

Suncorp Group exhibits strong financial performance with robust revenue and profit growth, improved leverage, and effective cash flow management. While profitability and cash flow metrics are solid, the company should continue to focus on strengthening its equity position to mitigate potential risks.

Income Statement

Suncorp Group demonstrates strong revenue growth with a 13.86% increase in the latest year, indicating robust business expansion. The gross profit margin is healthy at 21.08%, and the net profit margin has improved to 10.82%, reflecting enhanced profitability. EBIT and EBITDA margins are also solid, showing effective cost management and operational efficiency.

Balance Sheet

The company's debt-to-equity ratio has significantly improved to 0.24, indicating reduced leverage and a stronger equity position. Return on equity is strong at 17.24%, showcasing effective use of shareholder funds. However, the equity ratio is relatively low, suggesting potential risks in asset financing.

Cash Flow

Suncorp Group's free cash flow growth of 9.91% is a positive indicator of financial health. The operating cash flow to net income ratio of 0.86 suggests good cash generation relative to earnings. The free cash flow to net income ratio remains stable at 1.0, indicating consistent cash flow management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	15.91B	16.85B	13.33B	16.04B	13.67B	12.82B
Gross Profit	3.55B	3.55B	13.33B	16.04B	13.67B	12.82B
EBITDA	2.25B	2.93B	1.64B	1.20B	1.45B	2.24B
Net Income	1.82B	1.82B	1.20B	1.15B	681.00M	1.03B
Balance Sheet
Total Assets	30.36B	30.36B	111.71B	115.05B	106.43B	97.04B
Cash, Cash Equivalents and Short-Term Investments	22.28B	22.28B	18.03B	5.56B	3.79B	2.62B
Total Debt	2.53B	2.53B	2.52B	26.54B	23.53B	21.12B
Total Liabilities	19.74B	19.74B	97.83B	101.70B	93.65B	83.59B
Stockholders Equity	10.58B	10.58B	13.84B	13.31B	12.75B	13.42B
Cash Flow
Free Cash Flow	2.70B	2.55B	2.43B	742.00M	2.48B	4.34B
Operating Cash Flow	2.70B	2.55B	2.43B	742.00M	2.48B	4.34B
Investing Cash Flow	1.63B	1.63B	-4.65B	-1.12B	-2.24B	-1.40B
Financing Cash Flow	-5.91B	-5.91B	-333.00M	2.21B	903.00M	-1.67B

Suncorp Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 20.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SUN, the sentiment is Negative. The current price of 20.16 is below the 20-day moving average (MA) of 20.78, below the 50-day MA of 20.58, and above the 200-day MA of 19.64, indicating a neutral trend. The MACD of -0.16 indicates Positive momentum. The RSI at 40.68 is Neutral, neither overbought nor oversold. The STOCH value of 18.37 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SUN.

Suncorp Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MPL	73 Outperform	13.22B	26.18	―	3.75%	6.37%	1.73%
NHF	72 Outperform	3.61B	17.88	17.98%	3.91%	5.90%	7.22%
QBE	72 Outperform	30.83B	10.08	16.58%	4.60%	5.93%	14.80%
SUN	71 Outperform	$21.83B	14.17	12.51%	23.59%	-0.54%	―
AUB	65 Neutral	3.79B	21.11	10.64%	2.80%	10.98%	23.05%
IAG	65 Neutral	19.23B	14.04	18.54%	3.81%	8.47%	54.09%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Suncorp Group Corporate Events

Suncorp Group Announces Cessation of Share Rights

Suncorp Group Limited announced the cessation of 4,579 share rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement reflects a minor adjustment in the company’s issued capital, with no immediate significant impact on its operations or market positioning.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

Suncorp Group Announces Successful FY26 Reinsurance Program Renewal

Suncorp Group has successfully renewed its FY26 reinsurance program, benefiting from increased capacity and improved pricing in the reinsurance market. This renewal follows a strategic review aimed at optimizing shareholder value and managing earnings volatility. The new reinsurance structure includes a multi-year solution with a profit-sharing mechanism, expected to reduce costs compared to FY25. The changes are anticipated to lower reinsurance premiums and maintain risk retention levels, with no material impact on the company’s capital targets. Suncorp plans to continue monitoring reinsurance markets and adjust strategies to support organic growth while maintaining its insurance margin.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

Suncorp Group Announces Leadership Transition with New Chairman

Suncorp Group announced the retirement of Christine McLoughlin AM as Chairman, with Duncan West set to succeed her following the Annual General Meeting in September 2025. McLoughlin’s tenure saw the company navigate significant challenges, including the COVID-19 pandemic and the sale of Suncorp Bank, while transforming into a dedicated general insurer. West, with extensive experience in the insurance and financial services sectors, is expected to continue leading Suncorp’s strategic direction and delivering outcomes for stakeholders.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

Suncorp Group Announces No Voting Shares Held by Controlled Entities

Suncorp Group has announced that as of June 19, 2025, its controlled entities hold no voting shares and have no net economic exposure to its ordinary shares, as per an exemption by the ASIC under Section 259C (2) of the Corporations Act 2001. This indicates that the company and its controlled entities currently do not influence voting or disposal of shares, which may impact its market positioning and stakeholder interests.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

Suncorp Group Announces New Dividend Distribution for SUNPJ

Suncorp Group Limited has announced a new dividend distribution for its security SUNPJ, with a distribution amount of AUD 1.1489, fully franked. The distribution rate was calculated at 4.5583% per annum, based on a bank bill rate and margin, and is set to be paid on September 17, 2025. This announcement reflects Suncorp’s ongoing commitment to delivering value to its stakeholders and maintaining a stable financial performance.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

Suncorp Group Announces New Dividend Distribution for SUNPI

Suncorp Group Limited has announced a new dividend distribution for its security SUNPI, with a distribution amount of AUD 1.1666, fully franked. This distribution is set to be paid on September 17, 2025, with an ex-date of September 2, 2025, and a record date of September 3, 2025. The distribution rate was calculated at 4.6283% per annum, based on a bank bill rate plus a margin, adjusted for tax. This announcement reflects Suncorp’s ongoing commitment to providing returns to its stakeholders and maintaining its position in the financial services market.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

Suncorp Group Announces New Distribution for SUNPH Security

Suncorp Group Limited has announced a new distribution for its security SUNPH, with a cash amount of AUD 1.18420000, fully franked, to be paid on September 17, 2025. This distribution reflects a calculated rate of 4.6983% per annum, based on the current Bank Bill Rate and a margin, highlighting Suncorp’s commitment to delivering value to its stakeholders through regular financial returns.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

Suncorp Group Announces Company Secretary Transition

Suncorp Group Limited announced a change in its company secretary position, with Mr. Darren Solomon retiring and Mr. Matthew Leslie taking over the role effective June 1, 2025. This transition is part of the company’s ongoing efforts to maintain effective governance and communication with the Australian Securities Exchange, with Ms. Cassandra Hamlin continuing her role in this capacity.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

Suncorp Director Increases Investment in Capital Notes

Suncorp Group Limited announced a change in the director’s interest, specifically regarding Gillian Brown’s indirect holdings. The change involved the acquisition of 104 Capital Notes 5 (SUNPJ) on the market, increasing her indirect holdings to 300 Capital Notes 5. This update reflects the director’s increased investment in the company’s financial instruments, which may indicate confidence in Suncorp’s market positioning and future performance.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.73 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.

Suncorp Group Reports on Natural Hazards and Capital Management

Suncorp Group has reported significant natural hazard costs amounting to $1,115 million for the ten months ending April 2025, following 15 major weather events. Despite these challenges, Suncorp’s capital position remains strong, with plans to consider capital management initiatives later in the year. The company is also enhancing its disaster response capabilities through investments in its Disaster Management Centre, which was effectively utilized during ex-Tropical Cyclone Alfred. Additionally, Suncorp has announced the appointment of Matt Leslie as the new Company Secretary, succeeding Darren Solomon.