Suncorp Group (AU:SUN)
ASX:SUN
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Suncorp Group
(Sydney:SUN)
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Rating:65Neutral
Price Target:
AU$17.00
▲(5.46% Upside)
Action:DowngradedDate:11/30/25
Suncorp Group's overall stock score is primarily driven by its strong financial performance and attractive valuation. However, the bearish technical indicators suggest caution, as the stock is currently experiencing negative momentum. The absence of recent earnings call insights or notable corporate events leaves these factors unaddressed.
Positive Factors
Revenue Growth Trend
Sustained top-line growth (+13.9% latest year) indicates durable demand for Suncorp's insurance products and effective pricing/retention. Over 2–6 months this supports underwriting scale, improves premium momentum, and provides a broader base to absorb claims volatility while funding investments.
Negative Factors
Thin Equity/Capital Cushion
A relatively low equity ratio indicates limited capital buffer versus assets and underwriting exposure. In the event of large catastrophe losses or adverse reserve developments, this may force capital raises or stricter underwriting, constraining growth and strategic flexibility over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth Trend
Sustained top-line growth (+13.9% latest year) indicates durable demand for Suncorp's insurance products and effective pricing/retention. Over 2–6 months this supports underwriting scale, improves premium momentum, and provides a broader base to absorb claims volatility while funding investments.
Read all positive factors
Suncorp Group (SUN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
$17.46B
Dividend Yield26.88%
Average Volume (3M)3.24M
Price to Earnings (P/E)18.1
Beta (1Y)0.39
Revenue Growth-0.54%
EPS Growth26.37%
CountryAU
Employees10,500
SectorFinancial
Sector Strength70
IndustryInsurance - Property & Casualty
Share Statistics
EPS (TTM)0.24
Shares Outstanding1,082,967,500
10 Day Avg. Volume3,292,676
30 Day Avg. Volume3,239,144
Financial Highlights & Ratios
PEG Ratio0.16
Price to Book (P/B)2.21
Price to Sales (P/S)1.39
P/FCF Ratio9.17
Enterprise Value/Market Cap1.14
Enterprise Value/Revenue1.19
Enterprise Value/Gross Profit4.58
Enterprise Value/Ebitda13.17
Forecast
1Y Price Target
$18.66Price Target Upside15.78% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)0.86
Revenue Forecast (FY)$14.21B
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 segme...
How the Company Makes Money
Suncorp primarily makes money through its general insurance operations. Key revenue and earnings drivers include: (1) Insurance premiums: Customers pay premiums for policies (e.g., motor, home, contents, and commercial lines). Premium revenue is e...
Suncorp Group Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
70
Positive
Cash Flow
78
Positive
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 16.69B | 16.85B | 13.33B | 16.04B | 13.67B | 12.82B |
| Gross Profit | 4.33B | 3.55B | 13.33B | 16.04B | 13.67B | 12.82B |
| EBITDA | 1.51B | 2.93B | 1.64B | 1.20B | 1.45B | 2.24B |
| Net Income | 986.00M | 1.82B | 1.20B | 1.15B | 681.00M | 1.03B |
Balance Sheet | ||||||
| Total Assets | 29.52B | 30.36B | 111.71B | 115.05B | 106.43B | 97.04B |
| Cash, Cash Equivalents and Short-Term Investments | 993.00M | 22.28B | 18.03B | 5.56B | 3.79B | 2.62B |
| Total Debt | 3.08B | 2.53B | 2.52B | 26.54B | 23.53B | 21.12B |
| Total Liabilities | 19.41B | 19.74B | 97.83B | 101.70B | 93.65B | 83.59B |
| Stockholders Equity | 10.06B | 10.58B | 13.84B | 13.31B | 12.75B | 13.42B |
Cash Flow | ||||||
| Free Cash Flow | 3.83B | 2.55B | 2.43B | 742.00M | 2.48B | 4.34B |
| Operating Cash Flow | 3.83B | 2.55B | 2.43B | 742.00M | 2.48B | 4.34B |
| Investing Cash Flow | 1.52B | 1.63B | -4.65B | -1.12B | -2.24B | -1.40B |
| Financing Cash Flow | -5.26B | -5.91B | -333.00M | 2.21B | 903.00M | -1.67B |
Suncorp Group Technical Analysis
Neutral
16.12
Price Trends
15.75
Positive
16.89
Negative
18.60
Negative
Market Momentum
0.07
Negative
63.25
Neutral
88.05
Negative
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 16.12 is above the 20-day moving average (MA) of 14.97, above the 50-day MA of 15.75, and below the 200-day MA of 18.60, indicating a neutral trend. The MACD of 0.07 indicates Negative momentum. The RSI at 63.25 is Neutral, neither overbought nor oversold. The STOCH value of 88.05 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:SUN.
Suncorp Group Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $31.27B | 8.97 | 19.29% | 4.68% | 5.93% | 14.80% | |
72 Outperform | €3.02B | 10.09 | 18.07% | 4.17% | 5.90% | 7.22% | |
69 Neutral | $11.87B | 10.89 | 21.28% | 3.73% | 6.37% | 1.73% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | $17.46B | 18.10 | 12.51% | 26.88% | -0.54% | 26.37% | |
63 Neutral | AU$17.60B | 9.34 | 14.85% | 3.91% | 8.47% | 54.09% | |
60 Neutral | AU$3.11B | 25.45 | 11.17% | 2.95% | 10.98% | 23.05% |
* Financial Sector Average
AU:SUN
Suncorp Group
16.12
-2.36
-12.76%
AU:AUB
AUB Group
23.83
-5.00
-17.33%
AU:IAG
Insurance Australia Group Limited
7.34
-0.05
-0.66%
AU:MPL
Medibank Private
4.31
0.09
2.16%
AU:NHF
NIB Holdings Ltd
6.20
-0.18
-2.82%
AU:QBE
QBE Insurance Group Limited
20.82
0.04
0.21%
Suncorp Group Corporate Events
Suncorp Updates Market on Progress of On‑Market Share Buy-Back
Mar 23, 2026
Suncorp Group Limited has updated the market on its ongoing on‑market share buy-back program for its ordinary fully paid shares listed under the ASX code SUN. The company reported that a total of 15,541,582 shares had been repurchased prior ...
Suncorp Reports Zero Controlled-Entity Exposure to Its Own Shares
Mar 23, 2026
Suncorp Group has disclosed that, as at 19 March 2026, its controlled entities hold no ordinary shares in the company and have no power to control voting or disposal of any issued capital. The group also reported that neither it nor its controlled...
Suncorp Updates Market on Progress of On‑Market Share Buy‑Back
Mar 22, 2026
Suncorp Group Limited has provided an updated notification to the ASX regarding its ongoing on‑market share buy‑back of ordinary fully paid shares. The company reported that it repurchased 1,559,018 shares on the previous trading day, ...
Suncorp Provides Daily Update on Ongoing On-Market Share Buyback
Mar 19, 2026
Suncorp Group Limited has provided an update on its ongoing on-market share buyback of ordinary fully paid shares, listed under ticker SUN. The latest Appendix 3C filing, dated 20 March 2026, confirms the program is continuing as previously notifi...
Suncorp Updates Market on Progress of On‑Market Share Buy-Back
Mar 17, 2026
Suncorp Group Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The latest filing, dated 18 March 2026, reports that a cumulative 12,964,130 shares ha...
Suncorp Sets Fully Franked Quarterly Distribution on SUNPJ Capital Notes
Mar 17, 2026
Suncorp Group has announced a new quarterly distribution on its ASX-listed capital notes SUNPJ, which are perpetual, non-cumulative, floating-rate securities tied to the three-month bank bill swap rate plus a margin. The distribution for the perio...
Suncorp Sets Fully Franked June Distribution on SUNPI Capital Notes
Mar 17, 2026
Suncorp Group has declared a fully franked quarterly distribution of AUD 1.2497 per security on its SUNPI Capital Notes, a perpetual, non-cumulative, floating-rate instrument listed on the ASX. The distribution, based on a 4.9581% per annum rate d...
Suncorp Sets Quarterly Distribution on SUNPH Capital Notes
Mar 17, 2026
Suncorp Group has announced a fully franked quarterly distribution on its SUNPH capital notes, a perpetual, non-cumulative, floating-rate hybrid security quoted on the ASX. The notes pay a margin of 3.00 percentage points above the three‑mon...
Suncorp Updates Market on Progress of Ongoing Share Buy-Back
Mar 15, 2026
Suncorp Group Limited has provided an updated notification to the ASX on its ongoing on-market share buy-back, covering ordinary fully paid shares under the SUN ticker. The latest daily disclosure shows that a total of 12,716,377 shares had been r...
Suncorp Flags Isolated Administrative Lapse in Director Share Notice
Mar 13, 2026
Suncorp Group has disclosed a late lodgement of an Appendix 3Y detailing a change in director Sylvia Falzon’s interests, stemming from the issue of 367 ordinary shares under the company’s Dividend Reinvestment Plan in September 2025. T...
Suncorp Updates Market on Progress of On‑Market Share Buy‑Back
Mar 11, 2026
Suncorp Group Limited has provided an update on its on-market share buy-back program for its ordinary fully paid shares. The company reported that it has repurchased a cumulative total of 12,274,891 shares prior to the latest trading day and a fur...
Suncorp Updates Market on Progress of On‑Market Share Buy‑Back
Mar 10, 2026
Suncorp Group Limited has provided an updated daily notification to the ASX on its ongoing on-market share buy-back of SUN ordinary fully paid shares. The filing reports that a cumulative 11,083,699 shares had been repurchased prior to the latest ...
Suncorp Updates Dividend Reinvestment Price for December Half‑Year Payout
Mar 9, 2026
Suncorp Group has updated its notification to the market regarding a dividend on its ordinary fully paid shares for the six‑month period ended 31 December 2025. The update, filed as an amendment to a prior February 25 disclosure, specificall...
Suncorp Director Increases Indirect Shareholding via On‑Market Purchase
Feb 27, 2026
Suncorp director Elmer Funke Genaamd Kupper has increased his indirect holding in the company through FK Super Pty Ltd . The transaction reflects an on‑market acquisition of ordinary shares, lifting his total beneficial interest to 60,000 Su...
Suncorp Director Gillian Brown Increases Shareholding via On-Market Purchase
Feb 27, 2026
Suncorp Group has disclosed a change in director Gillian Brown’s interests following an on-market purchase of 3,259 Suncorp ordinary shares on 20 February 2026 at $15.36 per share. The transaction gives Brown a new direct holding while maint...
Suncorp switches trustee on Capital Notes without altering investor rights
Feb 27, 2026
Suncorp Group has approved a change of trustee for its Capital Notes 3, Capital Notes 4 and Capital Notes 5 programs, with Melbourne Securities Corporation Limited assuming the role from Certane CT Pty Ltd following a change in the trustee’s...
Suncorp Continues On‑Market Share Buy‑Back Program
Feb 25, 2026
Suncorp Group Limited has issued an updated notification to the ASX confirming the ongoing execution of its on‑market share buy‑back of ordinary fully paid shares. The latest daily disclosure reports that the group has repurchased a cu...
Suncorp Tweaks Currency Details on Interim Dividend Notice
Feb 25, 2026
Suncorp Group has updated its previously announced dividend notification for its ordinary fully paid shares, SUN, relating to the six-month period ended 31 December 2025. The update, lodged on 25 February 2026, amends the currency information for ...
Suncorp Updates Market on Progress of On-Market Share Buy-Back
Feb 24, 2026
Suncorp Group Limited has updated the market on the progress of its on-market share buy-back program for its ordinary fully paid shares traded under the ASX code SUN. The company reported that a total of 10,021,740 shares had been repurchased befo...
Suncorp Updates Market on Progress of On-Market Share Buy-Back
Feb 23, 2026
Suncorp Group Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back for its ordinary fully paid shares. The update, dated 24 February 2026, forms part of a daily reporting cycle that began in August...
Suncorp Updates Market on Progress of Ongoing Share Buy-Back
Feb 22, 2026
Suncorp Group Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back of SUN ordinary fully paid shares. The latest daily report, dated 23 February 2026, confirms that a total of 9,042,188 shares had ...
Suncorp Director Simon Machell Lifts Indirect Shareholding
Feb 20, 2026
Suncorp Group director Simon Machell has increased his indirect holding in the company, acquiring 5,000 ordinary shares on market at $15.40 per share through BNP Paribas Securities Services Australia. The purchase lifts his total indirect interest...
Suncorp Director Elmer Funke Kupper Increases Indirect Shareholding
Feb 20, 2026
Suncorp Group has disclosed a change in director Elmer Funke Genaamd Kupper’s relevant interests, after he indirectly acquired 7,500 ordinary shares on market at $15.49 per share. The purchase, made through FK Super Pty Ltd , increases his i...
Suncorp Director Duncan West Boosts Indirect Shareholding
Feb 20, 2026
Suncorp Group director Duncan West has increased his indirect shareholding in the company through the Ambleside Superannuation Fund. On 19 February 2026, West acquired 20,000 Suncorp ordinary shares on market at $15.47 per share, taking his indire...
Suncorp updates market on progress of on‑market share buy‑back
Feb 19, 2026
Suncorp Group has issued an updated notification to the ASX detailing progress under its on‑market share buy‑back of ordinary fully paid shares. The latest daily report shows the company had repurchased 8,484,126 shares before the prev...
Suncorp Reports Lapse of 14,261 Unvested Share Rights
Jan 14, 2026
Suncorp Group Limited has notified the market that 14,261 share rights, classified as SUNAB share rights, have lapsed as of 31 December 2025 because the relevant vesting conditions were not met or became incapable of being satisfied. The cessation...
Suncorp Issues 68,465 Unquoted Share Rights Under Employee Incentive Scheme
Jan 14, 2026
Suncorp Group Limited has notified the ASX of the issue of 68,465 unquoted share rights under its employee incentive scheme, with an issue date of 31 December 2025. The additional equity-based awards, which are not intended to be quoted on the ASX...
Suncorp Issues 25,576 New Shares Following Conversion of Unquoted Securities
Jan 14, 2026
Suncorp Group Limited has notified the market of the issue of 25,576 fully paid ordinary shares following the conversion or exercise of previously unquoted equity securities. The new shares, issued on 31 December 2025, reflect the crystallisation ...
Suncorp flags A$1.32bn 1H natural hazard bill but maintains FY26 outlook
Jan 11, 2026
Suncorp Group has reported an initial, currently modest claims impact from Ex-Tropical Cyclone Koji and bushfires in Victoria, saying around 140 home and motor claims had been lodged by the evening of 11 January and emphasising its readiness to de...
Suncorp Issues 7,782 New Shares Following Conversion of Unquoted Securities
Jan 8, 2026
Suncorp Group has notified the market of the issue of 7,782 new fully paid ordinary shares following the conversion or exercise of previously unquoted equity securities. The new shares, issued on 31 December 2025, represent a minor equity adjustme...
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.