Suncorp Group Ltd SUN

Morningstar Rating
A$18.47 −0.04 (0.19%)
View Full Chart

Company Report

Suncorp's Continued GWP Growth, Announces AUD 250 Million Buyback

Suncorp is a well-capitalized financial services business with a dominant market position in the Australian and New Zealand general insurance industry. In addition to offering insurance under the parent name, key brands in Australia include AAMI, GIO, Bingle, Apia, Shannons, and Terri Scheer. In New Zealand, key brands include Vero, AA Insurance, and Asteron Life. The insurer carries concentrated weather and earthquake risk in Australia and New Zealand and in particular Queensland, which makes up around 25% of gross written premiums in Australia.

Price vs Fair Value

SUN is trading at a LOCK|%$g!qH# premium.
Price
A$18.50
Fair Value
LOCK|.y
Uncertainty
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1-Star Price
LOCK|.C$
5-Star Price
LOCK|.sg
Economic Moat
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Capital Allocation
LOCK|?@R>>lz

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

Trading Information

Previous Close Price
A$18.50
Day Range
A$18.35–18.89
52-Week Range
A$13.80–20.85
Bid/Ask
A$18.46 / A$18.47
Shares Outstanding
1.06B
Market Cap
A$19.57B
Volume/Avg
1M / 3M

Key Statistics

Price/Earnings (Normalized)
19.42
Price/Sales
1.28
Dividend Yield (Trailing)
3.73%
Dividend Yield (Forward)
3.73%
Dividend Payment Schedule
Mar, Sep
Total Yield
5.77%

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

Competitors

Valuation

Metric
SUN
QBE
IAG
Price/Earnings (Normalized)
19.4210.7018.07
Price/Book Value
1.892.0184.31
Price/Sales
1.280.92—
Price/Cash Flow
12.626.66—
Price/Earnings
SUN
QBE
IAG

Financial Strength

Metric
SUN
QBE
IAG
Quick Ratio
———
Current Ratio
———
Interest Coverage
3.8111.40—
Quick Ratio
No chart available

Profitability

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

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LOCK|Xr@mlDTLOCK|qD?r$26B
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LOCK|BFPX@k!LOCK|<s$21B

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