FY2025 EPS Estimate for Sun Life Financial Cut by Analyst

Sun Life Financial Inc. (NYSE:SLFFree Report) (TSE:SLF) – Investment analysts at Cormark reduced their FY2025 EPS estimates for shares of Sun Life Financial in a research report issued to clients and investors on Thursday, February 13th. Cormark analyst L. Persaud now anticipates that the financial services provider will post earnings per share of $5.12 for the year, down from their previous estimate of $5.22. The consensus estimate for Sun Life Financial’s current full-year earnings is $4.76 per share. Cormark also issued estimates for Sun Life Financial’s FY2026 earnings at $5.52 EPS.

Sun Life Financial (NYSE:SLFGet Free Report) (TSE:SLF) last announced its quarterly earnings results on Wednesday, February 12th. The financial services provider reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.30. Sun Life Financial had a net margin of 7.32% and a return on equity of 17.44%.

A number of other equities research analysts have also issued reports on the stock. StockNews.com lowered shares of Sun Life Financial from a “buy” rating to a “hold” rating in a report on Wednesday, February 5th. National Bank Financial raised shares of Sun Life Financial from a “sector perform” rating to an “outperform” rating in a report on Wednesday, January 15th. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

View Our Latest Analysis on SLF

Sun Life Financial Stock Down 6.3 %

Shares of Sun Life Financial stock opened at $55.30 on Friday. The firm has a market cap of $34.73 billion, a PE ratio of 12.32, a price-to-earnings-growth ratio of 1.61 and a beta of 1.03. Sun Life Financial has a 12-month low of $46.41 and a 12-month high of $62.85. The company’s fifty day simple moving average is $59.06 and its two-hundred day simple moving average is $57.10.

Institutional Investors Weigh In On Sun Life Financial

A number of large investors have recently modified their holdings of SLF. Human Investing LLC bought a new stake in shares of Sun Life Financial during the 4th quarter valued at about $26,000. Assetmark Inc. boosted its stake in shares of Sun Life Financial by 2,747.4% during the 3rd quarter. Assetmark Inc. now owns 541 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 522 shares in the last quarter. Addison Advisors LLC boosted its stake in shares of Sun Life Financial by 124.9% during the 3rd quarter. Addison Advisors LLC now owns 650 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 361 shares in the last quarter. Asset Planning Inc bought a new stake in shares of Sun Life Financial during the 4th quarter valued at about $40,000. Finally, BankPlus Trust Department bought a new stake in shares of Sun Life Financial during the 4th quarter valued at about $40,000. Institutional investors own 52.26% of the company’s stock.

Sun Life Financial Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, February 26th will be paid a dividend of $0.5876 per share. This represents a $2.35 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date is Wednesday, February 26th. Sun Life Financial’s payout ratio is 57.46%.

Sun Life Financial Company Profile

(Get Free Report)

Sun Life Financial Inc, a financial services company, provides savings, retirement, and pension products worldwide. The company operates in five segments: Asset Management, Canada, U.S., Asia, and Corporate. It offers various insurance products, such as term and permanent life; personal health, which includes prescription drugs, dental, and vision care; critical illness; long-term care; and disability, as well as reinsurance.

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Earnings History and Estimates for Sun Life Financial (NYSE:SLF)

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