Desjardins Forecasts Reduced Earnings for Sun Life Financial

Key Points

• Desjardins lowered its Q4 2025 earnings per share forecast for Sun Life Financial from $1.37 to $1.34, while the consensus full-year earnings estimate is $5.19 per share.
• Sun Life Financial's stock currently has a consensus rating of "Moderate Buy" with an average price target of $88.50 based on multiple analyst ratings.
• The company reported $1.29 EPS for the last quarter, meeting the consensus estimate, but fell short of the revenue expectation with $6.65 billion against $7.34 billion.

Sun Life Financial Inc. (NYSE:SLF - Free Report) TSE: SLF - Analysts at Desjardins lowered their Q4 2025 earnings per share estimates for shares of Sun Life Financial in a research report issued to clients and investors on Tuesday, October 21st. Desjardins analyst D. Young now forecasts that the financial services provider will post earnings per share of $1.34 for the quarter, down from their previous estimate of $1.37. The consensus estimate for Sun Life Financial's current full-year earnings is $5.19 per share.

Several other analysts also recently commented on the company. Evercore ISI reaffirmed an "outperform" rating on shares of Sun Life Financial in a research note on Thursday, October 9th. UBS Group assumed coverage on Sun Life Financial in a report on Thursday, October 16th. They issued a "neutral" rating on the stock. Argus upgraded Sun Life Financial to a "strong-buy" rating in a report on Thursday, September 4th. Scotiabank upgraded Sun Life Financial to a "hold" rating in a report on Thursday, July 31st. Finally, National Bank Financial lowered Sun Life Financial from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 7th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Sun Life Financial presently has an average rating of "Moderate Buy" and a consensus price target of $88.50.

Sun Life Financial Trading Down 0.2%

Shares of Sun Life Financial stock opened at $61.39 on Friday. The company has a market capitalization of $34.28 billion, a PE ratio of 15.19, a PEG ratio of 1.67 and a beta of 0.90. Sun Life Financial has a 12 month low of $52.44 and a 12 month high of $66.81. The stock's fifty day simple moving average is $59.60 and its 200 day simple moving average is $60.86.

Sun Life Financial (NYSE:SLF - Get Free Report) TSE: SLF last issued its quarterly earnings data on Thursday, August 7th. The financial services provider reported $1.29 EPS for the quarter, hitting the consensus estimate of $1.29. The business had revenue of $6.65 billion for the quarter, compared to the consensus estimate of $7.34 billion. Sun Life Financial had a return on equity of 17.21% and a net margin of 7.59%.During the same quarter last year, the business posted $1.11 EPS.

Institutional Trading of Sun Life Financial

A number of hedge funds and other institutional investors have recently modified their holdings of SLF. Norges Bank acquired a new stake in shares of Sun Life Financial in the second quarter valued at about $362,886,000. Goldman Sachs Group Inc. increased its position in shares of Sun Life Financial by 282.5% in the first quarter. Goldman Sachs Group Inc. now owns 2,776,920 shares of the financial services provider's stock valued at $159,006,000 after acquiring an additional 2,050,891 shares during the last quarter. Canada Pension Plan Investment Board increased its position in shares of Sun Life Financial by 47.2% in the first quarter. Canada Pension Plan Investment Board now owns 4,221,447 shares of the financial services provider's stock valued at $241,643,000 after acquiring an additional 1,353,508 shares during the last quarter. Picton Mahoney Asset Management acquired a new stake in shares of Sun Life Financial in the second quarter valued at about $87,660,000. Finally, Value Partners Investments Inc. increased its position in shares of Sun Life Financial by 1,002.9% in the first quarter. Value Partners Investments Inc. now owns 1,120,888 shares of the financial services provider's stock valued at $64,216,000 after acquiring an additional 1,019,254 shares during the last quarter. Institutional investors and hedge funds own 52.26% of the company's stock.

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.