Ord Minnett keeps Hold on Suncorp stock at AUD 18.85

Published on 10/17/2026 at 19:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FY26 cash earnings reached AUD 1.04 billion on August 12, 2026. Suncorp stock closed AUD 19.58 on October 16, 2026, up 0.41 percent versus ASX close.

Dates and earnings guide

Ord Minnett maintained a Hold rating and set an AUD 18.85 target on October 12, 2026.
Suncorp reported AUD 1.04 billion in fiscal 2026 cash earnings on August 12, 2026.
Suncorp stock closed at AUD 19.58 on the ASX on October 16, 2026 at 4:10 p.m. AEDT, up 0.41 percent versus the prior close.
Suncorp's investor update is scheduled for October 29, 2026.

Suncorp, AU000000SUN6, Illustration mit AI erstellt.

Ord Minnett maintained a Hold rating on Suncorp and set an AUD 18.85 price target in a report dated October 12, 2026, putting the target 3.73 percent below the ASX price, according to Business Insider. Suncorp stock closed at AUD 19.58 on the ASX on October 16, 2026 at 4:10 p.m. AEDT, up 0.41 percent versus the prior close.

Cash earnings reached AUD 1.04 billion

Suncorp's fiscal 2026 cash earnings reached AUD 1.04 billion, while net profit after tax came to AUD 1.03 billion. The figures were reported with the fiscal-year results on August 12, 2026, and the earnings call transcript described underlying margins of 11.80 percent, according to EarningsAPI.

Stock stays below its yearly high

The ASX price sat AUD 0.90 below Suncorp's 52-week high of AUD 20.48 on October 16, 2026, a 4.39 percent gap. The 52-week low was AUD 13.80, leaving the stock AUD 5.78 above that level. Trading volume reached 2,208,474 shares against an average of 3,016,568.

Valuation and October 29 date

Suncorp had a market capitalization of AUD 20.8 billion and a price-to-earnings ratio of 21.52 on October 16, 2026. Its trailing dividend yield was 0.04 percent. The investor calendar lists a Suncorp 2026 Investor Update for October 29, 2026, according to Suncorp.

Comparison with peers

Suncorp (ASX, AUD): plus 0.41 percent, price-to-earnings ratio 21.52, market capitalization AUD 20.8 billion
Insurance Australia Group (ASX, AUD): plus 1.06 percent, price-to-earnings ratio 19.93, market capitalization AUD 20.0 billion
QBE Insurance Group (ASX, AUD): minus 0.66 percent, price-to-earnings ratio 12.49, market capitalization AUD 38.4 billion.

What the next date adds

The October 29 investor update is the next scheduled company date. For investors, the key contrast is between the AUD 18.85 Ord Minnett target and the stock's AUD 19.58 ASX close, while the fiscal 2026 earnings base remains AUD 1.04 billion.