What is Cormark's Estimate for SLF Q1 Earnings?

Sun Life Financial Inc. (NYSE:SLF - Free Report) TSE: SLF - Equities research analysts at Cormark issued their Q1 2025 earnings per share (EPS) estimates for Sun Life Financial in a research note issued to investors on Wednesday, April 30th. Cormark analyst L. Persaud expects that the financial services provider will post earnings of $1.23 per share for the quarter. Cormark currently has a "Moderate Buy" rating on the stock. The consensus estimate for Sun Life Financial's current full-year earnings is $5.19 per share.

Other equities research analysts have also recently issued reports about the company. Scotiabank restated an "outperform" rating on shares of Sun Life Financial in a research note on Thursday. 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. Finally, StockNews.com cut shares of Sun Life Financial from a "buy" rating to a "hold" rating in a report on Wednesday, February 5th. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy".

Sun Life Financial Trading Down 0.1 %

Shares of NYSE:SLF traded down $0.03 during mid-day trading on Thursday, reaching $60.04. The company had a trading volume of 59,130 shares, compared to its average volume of 676,801. Sun Life Financial has a one year low of $46.41 and a one year high of $62.85. The company's 50-day moving average price is $56.52 and its 200-day moving average price is $57.93. The firm has a market cap of $34.07 billion, a price-to-earnings ratio of 15.65, a PEG ratio of 1.52 and a beta of 0.90.

Sun Life Financial (NYSE:SLF - Get Free Report) TSE: SLF last issued its quarterly earnings results on Wednesday, February 12th. The financial services provider reported $1.20 EPS for the quarter, topping analysts' consensus estimates of $0.90 by $0.30. Sun Life Financial had a return on equity of 16.86% and a net margin of 8.08%.

Sun Life Financial Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, February 26th were issued a $0.5876 dividend. This represents a $2.35 annualized dividend and a yield of 3.91%. The ex-dividend date of this dividend was Wednesday, February 26th. Sun Life Financial's payout ratio is 60.16%.

Hedge Funds Weigh In On Sun Life Financial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. NorthCrest Asset Manangement LLC grew its stake in shares of Sun Life Financial by 1.7% during the first quarter. NorthCrest Asset Manangement LLC now owns 10,801 shares of the financial services provider's stock valued at $618,000 after buying an additional 180 shares during the last quarter. Private Advisor Group LLC boosted its holdings in 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 acquiring an additional 181 shares during the period. HighPoint Advisor Group LLC grew its position in Sun Life Financial by 4.4% during the 1st quarter. HighPoint Advisor Group LLC now owns 4,330 shares of the financial services provider's stock worth $256,000 after acquiring an additional 181 shares during the last quarter. Checchi Capital Advisers LLC increased its stake in Sun Life Financial by 5.4% in the 4th quarter. Checchi Capital Advisers LLC now owns 3,719 shares of the financial services provider's stock worth $221,000 after purchasing an additional 192 shares during the period. Finally, Erste Asset Management GmbH boosted its stake in shares of Sun Life Financial by 0.7% during the fourth 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 period. 52.26% of the stock is currently owned by hedge funds and other institutional investors.

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.