Suncorp Group (SUN) AI Stock Analysis

• Market Cap: $22.17B
• Dividend Yield: 7.8%
• Average Volume (3M): 2.36M
• Price to Earnings (P/E): 15.8
• Beta (1Y): 0.64
• Revenue Growth: -11.75%
• EPS Growth: N/A
• Country: AU
• Employees: 10,500
• Sector: Financial
• Sector Strength: 75
• Industry: Insurance - Property & Casualty
• EPS (TTM): 0.66
• Shares Outstanding: 1,082,967,500
• 10 Day Avg. Volume: 2,377,175
• 30 Day Avg. Volume: 2,356,580
• PEG Ratio: 1.54
• Price to Book (P/B): 2.07
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.62
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $22.32
• Price Target Upside: 8.58% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8

• Rating: 74 Outperform
• Price Target: AU$23.50 ▲(14.30%Upside)

Suncorp Group's overall stock score is driven by its strong financial performance and attractive valuation. The company's stable profitability and financial stability are significant strengths, though growth sustainability remains a concern. Technical indicators suggest mixed signals, with potential for positive momentum. The lack of recent earnings call data limits insights into management's outlook.

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 profitability and a stable financial position, supported by effective cost management and prudent leverage. While the company maintains robust cash flows, challenges in revenue growth and asset expansion may impact future performance. Overall, the financial health is solid but requires attention to growth sustainability.

Income Statement

Suncorp Group's income statement reflects substantial gross profit and net profit margins, indicating strong profitability. The company achieved a high EBIT margin, showcasing effective cost management. However, the revenue growth rate shows volatility, with a decline from the previous year, which could be a concern.

Balance Sheet

The balance sheet reveals a strong equity position with a reasonable debt-to-equity ratio, indicating financial stability. The return on equity is healthy, reflecting efficient use of shareholder funds. However, a slight decline in total assets poses a potential risk to future growth.

Cash Flow

Cash flow analysis shows robust operating cash flow, supporting liquidity. The free cash flow to net income ratio is strong, indicating efficient cash conversion. However, the free cash flow growth rate is minimal, suggesting limited expansion in cash generation capabilities.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	14.80B	13.33B	16.04B	13.67B	12.82B	13.15B
Gross Profit	14.14B	13.33B	16.04B	13.67B	12.82B	13.15B
EBITDA	2.06B	1.64B	1.20B	1.45B	2.24B	2.21B
Net Income	1.72B	1.20B	1.15B	681.00M	1.03B	628.00M
Balance Sheet
Total Assets	33.20B	111.71B	115.05B	106.43B	97.04B	95.95B
Cash, Cash Equivalents and Short-Term Investments	1.06B	18.03B	5.56B	3.79B	2.62B	1.47B
Total Debt	2.52B	2.52B	26.54B	23.53B	21.12B	22.93B
Total Liabilities	18.68B	97.83B	101.70B	93.65B	83.59B	83.17B
Stockholders Equity	14.48B	13.84B	13.31B	12.75B	13.42B	12.76B
Cash Flow
Free Cash Flow	2.32B	2.43B	742.00M	2.48B	4.34B	2.30B
Operating Cash Flow	2.32B	2.43B	742.00M	2.48B	4.34B	2.30B
Investing Cash Flow	-3.71B	-4.65B	-1.12B	-2.24B	-1.40B	43.00M
Financing Cash Flow	-1.27B	-333.00M	2.21B	903.00M	-1.67B	-2.26B

Suncorp Group Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 20.56
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SUN, the sentiment is Neutral. The current price of 20.56 is below the 20-day moving average (MA) of 21.09, below the 50-day MA of 20.97, and above the 200-day MA of 19.31, indicating a neutral trend. The MACD of -0.16 indicates Positive momentum. The RSI at 40.79 is Neutral, neither overbought nor oversold. The STOCH value of 20.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:SUN.

Suncorp Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SUN	74 Outperform	$22.17B	15.79	9.52%	7.80%	-11.75%	―
Sector *	61 Neutral	C$14.80B	6.52	22.27%	5.47%	30.07%	-22.51%
A5H	―	€2.23B	31.52	7.96%	1.46%	―	―
IAUGF	―	$12.97B	15.70	18.88%	2.76%	―	―
MDBPF	―	$9.14B	27.39	20.97%	3.14%	―	―
3GU	―	€1.97B	18.94	15.78%	3.59%	―	―
QBEIF	―	$22.52B	13.07	17.21%	5.39%	―	―

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.