Q1 Earnings Estimate for TSE:SLF Issued By Cormark

Sun Life Financial Inc. (TSE:SLF - Free Report) NYSE: SLF - Equities researchers at Cormark issued their Q1 2025 earnings per share (EPS) estimates for shares of Sun Life Financial in a report issued on Wednesday, April 30th. Cormark analyst L. Persaud expects that the financial services provider will post earnings per share of $1.71 for the quarter. Cormark has a "Moderate Buy" rating on the stock. The consensus estimate for Sun Life Financial's current full-year earnings is $6.92 per share. Cormark also issued estimates for Sun Life Financial's FY2025 earnings at $7.26 EPS.

A number of other equities research analysts have also recently issued reports on the company. National Bankshares reduced their price objective on Sun Life Financial from C$95.00 to C$93.00 and set an "outperform" rating for the company in a report on Thursday, February 13th. Scotiabank lowered their price objective on Sun Life Financial from C$94.00 to C$90.00 and set an "outperform" rating on the stock in a research report on Thursday, May 1st. Royal Bank of Canada set a C$82.00 target price on shares of Sun Life Financial and gave the company an "outperform" rating in a research report on Tuesday, April 15th. Jefferies Financial Group lowered their price target on shares of Sun Life Financial from C$96.00 to C$90.00 in a research report on Monday, April 21st. Finally, Barclays boosted their price objective on shares of Sun Life Financial from C$85.00 to C$87.00 in a report on Friday, April 11th. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of C$85.70.

Sun Life Financial Stock Performance

Shares of SLF stock traded down C$0.13 during midday trading on Thursday, hitting C$82.88. 122,231 shares of the company were exchanged, compared to its average volume of 2,140,539. Sun Life Financial has a 52 week low of C$64.38 and a 52 week high of C$88.54. The firm has a market capitalization of C$47.34 billion, a P/E ratio of 12.50, a PEG ratio of 1.33 and a beta of 0.94. The firm's 50 day moving average price is C$79.97 and its two-hundred day moving average price is C$82.07. The company has a debt-to-equity ratio of 26.00, a quick ratio of 84,866.00 and a current ratio of 92.19.

Sun Life Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 31st were paid a $0.84 dividend. This represents a $3.36 annualized dividend and a yield of 4.05%. The ex-dividend date was Wednesday, February 26th. Sun Life Financial's payout ratio is 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.