tiprankstipranks
Trending News
More News >
Suncorp Group (AU:SUN)
ASX:SUN

Suncorp Group (SUN) AI Stock Analysis

Compare
121 Followers

Top Page

AU

Suncorp Group

(Sydney:SUN)

Rating:76Outperform
Price Target:
AU$24.00
▲(12.52%Upside)
Suncorp Group's strong financial performance and positive technical trends are the most significant factors supporting its overall score. The fair valuation, combined with an attractive dividend yield, adds to the investment appeal. However, potential overbought conditions in the market momentum and challenges in growth sustainability are notable risks.

Suncorp Group (SUN) vs. iShares MSCI Australia ETF (EWA)

Suncorp Group Business Overview & Revenue Model

Company DescriptionSuncorp 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 MoneySuncorp Group generates revenue primarily through its insurance and banking operations. In the insurance segment, the company earns premiums from policyholders for providing coverage on various risks, including property, motor, and liability. Claims management and risk assessment are crucial to maintaining profitability in this segment. The banking and wealth division contributes to revenue through interest income from loans, mortgages, and credit products, as well as fees from financial services and transactions. Additionally, Suncorp benefits from investment earnings on its insurance funds and customer deposits. Strategic partnerships with brokers, financial advisers, and other financial institutions help expand its market reach and enhance its revenue streams. The company's focus on cost efficiency and digital transformation further supports its financial performance.

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
80
Positive
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
75
Positive
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
70
Positive
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.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue14.80B13.33B16.04B13.67B12.82B13.15B
Gross Profit14.14B13.33B16.04B13.67B12.82B13.15B
EBITDA2.06B1.64B1.20B1.45B2.24B2.21B
Net Income1.72B1.20B1.15B681.00M1.03B628.00M
Balance Sheet
Total Assets33.20B111.71B115.05B106.43B97.04B95.95B
Cash, Cash Equivalents and Short-Term Investments1.06B18.03B5.56B3.79B2.62B1.47B
Total Debt2.52B2.52B26.54B23.53B21.12B22.93B
Total Liabilities18.68B97.83B101.70B93.65B83.59B83.17B
Stockholders Equity14.48B13.84B13.31B12.75B13.42B12.76B
Cash Flow
Free Cash Flow2.32B2.43B742.00M2.48B4.34B2.30B
Operating Cash Flow2.32B2.43B742.00M2.48B4.34B2.30B
Investing Cash Flow-3.71B-4.65B-1.12B-2.24B-1.40B43.00M
Financing Cash Flow-1.27B-333.00M2.21B903.00M-1.67B-2.26B

Suncorp Group Technical Analysis

Technical Analysis Sentiment
Positive
Last Price21.33
Price Trends
50DMA
20.67
Positive
100DMA
19.95
Positive
200DMA
19.07
Positive
Market Momentum
MACD
0.25
Positive
RSI
54.05
Neutral
STOCH
40.20
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SUN, the sentiment is Positive. The current price of 21.33 is below the 20-day moving average (MA) of 21.36, above the 50-day MA of 20.67, and above the 200-day MA of 19.07, indicating a neutral trend. The MACD of 0.25 indicates Positive momentum. The RSI at 54.05 is Neutral, neither overbought nor oversold. The STOCH value of 40.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SUN.

Suncorp Group Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUSUN
76
Outperform
$23.10B16.389.52%7.44%-11.75%
62
Neutral
AU$9.98B8.0610.79%5.20%31.01%38.31%
DEA5H
€2.33B33.337.96%1.40%
$14.10B16.7018.88%1.65%
$8.99B27.3920.97%3.14%
DE3GU
€1.75B16.7815.78%3.98%
$22.90B13.1717.21%5.24%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SUN
Suncorp Group
21.33
5.27
32.78%
DE:A5H
AUB Group
19.70
0.92
4.90%
IAUGF
Insurance Australia Group Limited
5.83
1.28
28.13%
MDBPF
Medibank Private Ltd.
3.22
1.34
71.28%
DE:3GU
NIB Holdings Ltd
3.42
-0.72
-17.39%
QBEIF
QBE Insurance Group Limited
15.18
4.32
39.78%

Suncorp Group Corporate Events

Suncorp Group Announces Leadership Transition with New Chairman
Jun 26, 2025

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
Jun 23, 2025

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
Jun 17, 2025

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
Jun 17, 2025

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
Jun 17, 2025

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
May 30, 2025

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
May 14, 2025

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
May 8, 2025

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.

Suncorp Group Announces Change of Registry Office Address
Apr 11, 2025

Suncorp Group announced a change in the registered office address of its registry, MUFG Corporate Markets (AU) Limited, effective from April 14, 2025. The new address is Liberty Place, Level 41, 161 Castlereagh Street, Sydney, NSW 2000. This change is part of the company’s compliance with ASX Listing Rules and may impact stakeholders by altering the location for official correspondence and documentation.

Suncorp Group Announces Cessation of Share Rights
Apr 4, 2025

Suncorp Group Limited announced the cessation of 3,706 share rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s issued capital and reflects on its operational adjustments in managing securities.

Suncorp Group Issues Unquoted Share Rights to Employees
Apr 4, 2025

Suncorp Group Limited has announced the issuance of 7,782 unquoted share rights as part of an employee incentive scheme. This move is aimed at enhancing employee engagement and aligning their interests with the company’s growth objectives, potentially strengthening Suncorp’s market position and operational efficiency.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 05, 2025