FY2025 EPS Estimate for Sun Life Financial Cut by Analyst

Sun Life Financial Inc. (NYSE:SLF) (TSE:SLF) – Research analysts at Cormark cut their FY2025 earnings estimates for shares of Sun Life Financial in a note issued to investors on Thursday, February 13th. Cormark analyst L. Persaud now expects that the financial services provider will earn $5.12 per share for the year, down from their prior 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.

Several other research firms also recently commented on SLF. 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. StockNews.com downgraded shares of Sun Life Financial from a “buy” rating to a “hold” rating in a report on Wednesday, February 5th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Sun Life Financial Trading Down 6.3 %

SLF opened at $55.30 on Friday. The company has a 50 day moving average of $59.06 and a 200 day moving average of $57.10. The company 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.

Sun Life Financial (NYSE:SLF) (TSE:SLF) last released its earnings results on Wednesday, February 12th. The financial services provider reported $1.20 earnings per share for the quarter, beating 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%.

Sun Life Financial Cuts Dividend

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

Institutional Trading of Sun Life Financial

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Private Advisor Group LLC raised its position in shares of Sun Life Financial by 2.1% during the 4th quarter. Private Advisor Group LLC now owns 8,643 shares of the financial services provider’s stock valued at $513,000 after buying an additional 181 shares in the last quarter. Checchi Capital Advisers LLC raised its position in shares of Sun Life Financial by 5.4% during the 4th quarter. Checchi Capital Advisers LLC now owns 3,719 shares of the financial services provider’s stock valued at $221,000 after buying an additional 192 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Sun Life Financial by 0.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 62,589 shares of the financial services provider’s stock valued at $3,635,000 after purchasing an additional 200 shares during the last quarter. Erste Asset Management GmbH grew its holdings in shares of Sun Life Financial by 0.7% during the 4th quarter. Erste Asset Management GmbH now owns 28,400 shares of the financial services provider’s stock valued at $1,693,000 after purchasing an additional 200 shares during the last quarter. Finally, Triasima Portfolio Management inc. grew its holdings in shares of Sun Life Financial by 0.5% during the 4th quarter. Triasima Portfolio Management inc. now owns 47,900 shares of the financial services provider’s stock valued at $2,843,000 after purchasing an additional 250 shares during the last quarter. Hedge funds and other institutional investors own 52.26% of the company’s stock.

About Sun Life Financial

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.