TSE:SLF Q1 EPS Forecast Decreased by National Bank Financial

Sun Life Financial Inc. (TSE:SLF - Free Report) NYSE: SLF - Investment analysts at National Bank Financial dropped their Q1 2025 earnings per share (EPS) estimates for shares of Sun Life Financial in a report issued on Thursday, May 1st. National Bank Financial analyst G. Dechaine now expects that the financial services provider will earn $1.66 per share for the quarter, down from their previous forecast of $1.73. National Bank Financial currently has a "Strong-Buy" rating on the stock. The consensus estimate for Sun Life Financial's current full-year earnings is $6.92 per share. National Bank Financial also issued estimates for Sun Life Financial's Q2 2025 earnings at $1.78 EPS, Q3 2025 earnings at $1.85 EPS, Q4 2025 earnings at $1.88 EPS, FY2025 earnings at $7.18 EPS and FY2026 earnings at $8.10 EPS.

Several other brokerages have also recently issued reports on SLF. Barclays upped their price objective on Sun Life Financial from C$85.00 to C$87.00 in a report on Friday, April 11th. Royal Bank of Canada set a C$82.00 price target on shares of Sun Life Financial and gave the stock an "outperform" rating in a research report on Tuesday, April 15th. CIBC lowered their price target on shares of Sun Life Financial from C$94.00 to C$89.00 and set an "outperform" rating on the stock in a research report on Thursday, May 1st. Jefferies Financial Group reduced 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, Cormark raised Sun Life Financial from a "hold" rating to a "moderate buy" rating in a research report on Thursday, February 13th. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$85.70.

Sun Life Financial Stock Performance

Shares of SLF stock traded up C$3.75 during mid-day trading on Monday, reaching C$87.25. 875,534 shares of the company's stock traded hands, compared to its average volume of 2,160,958. The firm has a 50 day moving average price of C$80.15 and a two-hundred day moving average price of C$82.14. 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 has a 12 month low of C$64.38 and a 12 month high of C$88.54. The firm has a market capitalization of C$49.84 billion, a PE ratio of 13.16, a price-to-earnings-growth ratio of 1.33 and a beta of 0.94.

Sun Life Financial Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Wednesday, May 28th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 4.03%. This is a boost from Sun Life Financial's previous quarterly dividend of $0.84. Sun Life Financial's dividend payout ratio is presently 48.87%.

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.