Desjardins Boosts Earnings Estimates for Sun Life Financial

Key Points

• Desjardins has raised its Q3 2025 earnings estimate for Sun Life Financial to $1.85 per share, up from a previous forecast of $1.83, maintaining a "Buy" rating and a price target of $94.00.
• Sun Life Financial's full-year earnings consensus estimate is currently $6.92 per share, with further predictions for FY2025 and FY2027 at $7.35 and $8.60 per share, respectively.
• The company announced a quarterly dividend of $0.88, translating to an annualized dividend of $3.52 and a dividend yield of 4.0%, with a payout ratio of 59.75%.

Sun Life Financial Inc. (TSE:SLF - Free Report) NYSE: SLF - Analysts at Desjardins upped their Q3 2025 earnings estimates for Sun Life Financial in a report released on Tuesday, October 14th. Desjardins analyst D. Young now anticipates that the financial services provider will post earnings of $1.85 per share for the quarter, up from their previous forecast of $1.83. Desjardins currently has a "Buy" rating and a $94.00 price target on the stock. The consensus estimate for Sun Life Financial's current full-year earnings is $6.92 per share. Desjardins also issued estimates for Sun Life Financial's FY2025 earnings at $7.35 EPS and FY2027 earnings at $8.60 EPS.

Several other brokerages have also recently issued reports on SLF. Argus upgraded shares of Sun Life Financial to a "strong-buy" rating in a research report on Thursday, September 4th. National Bank Financial cut shares of Sun Life Financial from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 7th. Barclays boosted their price target on shares of Sun Life Financial from C$82.00 to C$84.00 and gave the company an "underweight" rating in a research report on Wednesday, October 8th. National Bankshares cut shares of Sun Life Financial from an "outperform" rating to a "sector perform" rating and reduced their price target for the company from C$93.00 to C$87.00 in a research report on Friday, August 8th. Finally, Scotiabank reduced their price target on shares of Sun Life Financial from C$88.00 to C$83.00 and set a "sector perform" rating on the stock in a research report on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of C$88.56.

Sun Life Financial Price Performance

Shares of TSE SLF opened at C$87.38 on Thursday. Sun Life Financial has a 1 year low of C$74.56 and a 1 year high of C$91.11. The company has a debt-to-equity ratio of 26.00, a current ratio of 92.19 and a quick ratio of 84,866.00. The company's 50-day moving average is C$82.08 and its 200 day moving average is C$83.88. The stock has a market capitalization of C$48.97 billion, a P/E ratio of 15.49, a P/E/G ratio of 1.33 and a beta of 0.84.

Sun Life Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 29th were paid a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Wednesday, August 27th. Sun Life Financial's dividend payout ratio is currently 59.75%.

Insider Activity

In other news, insider Thomas Murphy bought 3,389 shares of the company's stock in a transaction dated Wednesday, August 13th. The shares were purchased at an average price of C$79.37 per share, for a total transaction of C$268,973.75. Following the completion of the purchase, the insider owned 3,389 shares in the company, valued at approximately C$268,973.75. This represents a ∞ increase in their position. Insiders have purchased a total of 4,262 shares of company stock valued at $338,105 in the last 90 days. Corporate insiders own 0.03% of the company's stock.

About Sun Life Financial

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.

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