- Suncorp reported a net income of A$1.10 billion for the first half of the fiscal year.
- The company announced an interim dividend of A$0.41 per share.
- Shareholders will also receive a special dividend of A$0.22 per share.
- Analysts’ ratings for Suncorp include 7 buy recommendations, 5 hold recommendations, and 1 sell recommendation.
A look at Suncorp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma Smart Scores, Suncorp shows a promising long-term outlook based on its scores across multiple factors. With a Growth score of 4 and a Momentum score of 4, the company seems well-positioned for future expansion and market performance. Additionally, Suncorp received a Value score of 3, indicating a fair valuation in the market. This is complemented by a Dividend score of 3, suggesting stability in dividend payouts to investors. The Resilience score of 3 further highlights the company’s ability to withstand market fluctuations.
Suncorp Group Ltd. is a versatile company that offers a range of financial services, including banking, insurance, and investment management. With a balanced Smartkarma Smart Scores profile, Suncorp appears to have a solid foundation for sustainable growth and potential returns for investors in the long run. Investors may find Suncorp an attractive option due to its diverse portfolio of services and its demonstrated resilience in the face of market challenges.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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