Analysts Set Expectations for SLF Q1 Earnings

Sun Life Financial Inc. (NYSE:SLF - Free Report) TSE: SLF - Equities researchers at Cormark issued their Q1 2025 earnings per share (EPS) estimates for Sun Life Financial in a note issued to investors on Wednesday, April 30th. Cormark analyst L. Persaud forecasts that the financial services provider will earn $1.23 per share 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 $5.19 per share.

Sun Life Financial (NYSE:SLF - Get Free Report) 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 the consensus estimate of $0.90 by $0.30. Sun Life Financial had a return on equity of 16.86% and a net margin of 8.08%.

A number of other research firms have also recently weighed in on SLF. National Bank Financial upgraded Sun Life Financial from a "sector perform" rating to an "outperform" rating in a research note on Wednesday, January 15th. StockNews.com lowered Sun Life Financial from a "buy" rating to a "hold" rating in a report on Wednesday, February 5th. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy".

Sun Life Financial Price Performance

SLF opened at $59.62 on Thursday. The stock has a market capitalization of $33.84 billion, a price-to-earnings ratio of 15.53, a PEG ratio of 1.52 and a beta of 0.87. The business has a fifty day moving average price of $56.24 and a 200 day moving average price of $57.87. Sun Life Financial has a 12 month low of $46.41 and a 12 month high of $62.85.

Sun Life Financial Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, February 26th were paid a dividend of $0.5876 per share. The ex-dividend date was Wednesday, February 26th. This represents a $2.35 dividend on an annualized basis and a dividend yield of 3.94%. Sun Life Financial's dividend payout ratio (DPR) is presently 60.16%.

Institutional Investors Weigh In On Sun Life Financial

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. NorthCrest Asset Manangement LLC grew its stake in Sun Life Financial by 1.7% in the 1st quarter. NorthCrest Asset Manangement LLC now owns 10,801 shares of the financial services provider's stock valued at $618,000 after acquiring an additional 180 shares during the last quarter. Private Advisor Group LLC lifted its position in Sun Life Financial by 2.1% during the fourth quarter. Private Advisor Group LLC now owns 8,643 shares of the financial services provider's stock worth $513,000 after buying an additional 181 shares during the period. Checchi Capital Advisers LLC boosted its position in shares of Sun Life Financial by 5.4% in the fourth quarter. Checchi Capital Advisers LLC now owns 3,719 shares of the financial services provider's stock worth $221,000 after acquiring an additional 192 shares during the last quarter. Erste Asset Management GmbH boosted its holdings in shares of Sun Life Financial by 0.7% in 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, Tidal Investments LLC boosted its holdings in Sun Life Financial by 4.5% in the fourth quarter. Tidal Investments LLC now owns 5,147 shares of the financial services provider's stock valued at $305,000 after acquiring an additional 222 shares during the last quarter. 52.26% of the stock is currently owned by institutional investors and hedge funds.

Sun Life Financial Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.