Suncorp Group Ltd SUN

Stock XASX Rating as of Nov 11, 2026

A$20.81 +0.16 (0.77%)

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As of Nov 11, 2026, 5:10:11 AM Delayed Price Closed

Company Report

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Suncorp: Margin Guidance Holds as AI Threatens to Shake Personal Insurance Lines

Nathan Zaia Oct 29, 2026

Suncorp cut its fiscal 2027 gross written premium growth guidance to around 3%, from 3%-5%, on the loss of a commercial contract and a weaker New Zealand dollar. Other guidance, including an underlying insurance margin in the top half of 10%-12%, is unchanged.

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Price vs Fair Value

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SUN is trading at a LOCK|>>&$>% premium.

Price

A$20.81

Nov 11, 2026

Fair Value

LOCK|.p

Aug 12, 2026

Uncertainty

LOCK|!&%&

1-Star Price: LOCK|.$^G
5-Star Price: LOCK|.H&!
Economic Moat: LOCK|MWF
Capital Allocation: LOCK|$zvN!#v

Bulls Say, Bears Say

Bulls

Premium increases stick without an equal rise in claims, and cash rates are not cut as markets expect—a positive for investment income, together lifting underlying profitability and dividends.

Bears

In personal and commercial insurance, popular Australian brands and competitors from overseas enter the general insurance distribution and underwriting markets. This puts pressure on premiums and winning market share.

News

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Suncorp to Pay Special Dividend, Launch Buyback After Underlying Earnings Rise 4.5%
Global News Select Aug 11, 2026, 10:01:00 PM

Trading Information

Previous Close Price: A$20.65
Day Range: A$20.64–20.83
52-Week Range: A$13.80–20.83
Bid/Ask: A$20.79 / A$20.81
Shares Outstanding: 1.06B
Market Cap: A$22.06B
Volume/Avg: 2M / 3M

Key Statistics

Price/Earnings (Normalized): 21.84
Price/Sales: 1.44
Dividend Yield (Trailing): 3.32%
Dividend Yield (Forward): 3.32%
Dividend Payment Schedule: Mar, Sep
Total Yield: 5.13%

Company Profile

Suncorp provides general insurance through a number of different brands. The core businesses include personal insurance such as home and motor, and commercial insurance. Suncorp and competitors IAG Insurance and QBE Insurance dominate the Australian and New Zealand insurance markets. It sold its banking business to ANZ Bank in July 2024.

Sector: Financial Services
Industry: Insurance - Property & Casualty
Stock Style Box: Large Value
Total Number of Employees: 14,500
Website: https://www.suncorpgroup.com.au

Competitors

Valuation

Metric	SUN	QBE	IAG
Price/Earnings (Normalized)	21.84	12.44	20.91
Price/Book Value	2.13	2.34	97.58
Price/Sales	1.44	1.07	—
Price/Cash Flow	14.19	7.75	—

Price/Earnings

SUN

QBE

IAG

Financial Strength

Metric	SUN	QBE	IAG
Quick Ratio	—	—	—
Current Ratio	—	—	—
Interest Coverage	3.81	11.40	—

Quick Ratio

No chart available

Profitability

Metric	SUN	QBE	IAG
Return on Assets (Normalized)	3.50%	19.97%	477.74%
Return on Equity (Normalized)	10.08%	84.34%	502.41%
Return on Invested Capital (Normalized)	5.61%	63.47%	—

Return on Assets

SUN

QBE

IAG

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