What is Cormark’s Estimate for TSE:SLF FY2026 Earnings?

Sun Life Financial Inc. (TSE:SLF) (NYSE:SLF) – Equities researchers at Cormark lowered their FY2026 EPS estimates for Sun Life Financial in a research note issued to investors on Thursday, February 13th. Cormark analyst L. Persaud now expects that the financial services provider will earn $7.88 per share for the year, down from their previous estimate of $8.21. The consensus estimate for Sun Life Financial’s current full-year earnings is $6.92 per share.

A number of other research firms have also recently commented on SLF. Scotiabank boosted their price objective on Sun Life Financial from C$85.00 to C$96.00 in a research report on Thursday, November 14th. National Bankshares lowered their price target on Sun Life Financial from C$95.00 to C$93.00 and set an “outperform” rating on the stock in a research note on Thursday. CIBC increased their price objective on Sun Life Financial from C$96.00 to C$97.00 in a research note on Thursday, January 30th. National Bank Financial raised shares of Sun Life Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 14th. Finally, TD Securities increased their target price on shares of Sun Life Financial from C$81.00 to C$87.00 and gave the company a “hold” rating in a research report on Thursday, November 14th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$87.50.

Sun Life Financial Stock Down 7.3 %

Shares of SLF stock opened at C$78.45 on Friday. The company has a current ratio of 92.19, a quick ratio of 84,866.00 and a debt-to-equity ratio of 26.00. The stock has a 50 day moving average of C$84.53 and a 200 day moving average of C$79.51. Sun Life Financial has a twelve month low of C$64.38 and a twelve month high of C$88.54. The stock has a market cap of C$44.81 billion, a P/E ratio of 11.83, a P/E/G ratio of 1.33 and a beta of 0.94.

Sun Life Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, February 26th will be given a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.28%. Sun Life Financial’s dividend payout ratio is currently 48.87%.

Sun Life Financial Company Profile

Sun Life Financial is one of Canada’s Big Three life insurance companies along with Great-West Lifeco and Manulife. Sun Life provides insurance, retirement, and wealth-management services to individual and corporate customers in Canada, the United States, and Asia. It also owns MFS Investment Management, a Boston-based asset-management firm.