Sun Life Financial (SLF) to Release Quarterly Earnings on Thursday

Sun Life Financial (NYSE:SLF - Get Free Report) TSE: SLF is expected to be announcing its Q1 2025 earnings results after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of $1.23 per share for the quarter.

Sun Life Financial (NYSE:SLF - Get Free Report) TSE: SLF last released its quarterly earnings results on Wednesday, February 12th. The financial services provider reported $1.20 earnings per share for the quarter, beating 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%. On average, analysts expect Sun Life Financial to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Sun Life Financial Stock Performance

Shares of SLF opened at $59.62 on Thursday. The stock has a fifty day moving average price of $56.24 and a two-hundred day moving average price of $57.87. Sun Life Financial has a 52-week low of $46.41 and a 52-week high of $62.85. The company has a market cap of $33.84 billion, a price-to-earnings ratio of 15.53, a PEG ratio of 1.52 and a beta of 0.87.

Sun Life Financial Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, February 26th were given a $0.5876 dividend. The ex-dividend date was Wednesday, February 26th. This represents a $2.35 annualized dividend and a yield of 3.94%. Sun Life Financial's payout ratio is 60.16%.

Institutional Investors Weigh In On Sun Life Financial

An institutional investor recently bought a new position in Sun Life Financial stock. Brighton Jones LLC acquired a new position in shares of Sun Life Financial Inc. (NYSE:SLF - Free Report) TSE: SLF in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,107 shares of the financial services provider's stock, valued at approximately $244,000. Institutional investors own 52.26% of the company's stock.

Wall Street Analyst Weigh In

SLF has been the subject of several research analyst reports. StockNews.com downgraded Sun Life Financial from a "buy" rating to a "hold" rating in a research report on Wednesday, February 5th. National Bank Financial raised Sun Life Financial from a "sector perform" rating to an "outperform" rating in a research note on Wednesday, January 15th. Finally, Cormark raised Sun Life Financial from a "hold" rating to a "moderate buy" rating in a research note on Thursday, February 13th. Two equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Sun Life Financial has an average rating of "Moderate Buy".

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.