Sun Life Financial (SLF) Expected to Announce Earnings on Thursday

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

Sun Life Financial (NYSE:SLF - Get Free Report) TSE: SLF last issued its quarterly earnings results on Wednesday, February 12th. The financial services provider reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.30. Sun Life Financial had a net margin of 8.08% and a return on equity of 16.86%. 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 NYSE SLF traded up $0.13 during trading on Tuesday, reaching $60.20. The company had a trading volume of 32,064 shares, compared to its average volume of 676,688. The business's 50 day moving average price is $56.52 and its 200-day moving average price is $57.93. Sun Life Financial has a 52 week low of $46.41 and a 52 week high of $62.85. The stock has a market cap of $34.17 billion, a PE ratio of 15.67, a PEG ratio of 1.52 and a beta of 0.90.

Sun Life Financial Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, February 26th were given a $0.5876 dividend. The ex-dividend date of this dividend was Wednesday, February 26th. This represents a $2.35 dividend on an annualized basis and a yield of 3.90%. Sun Life Financial's payout ratio is 60.16%.

Analyst Ratings Changes

A number of research firms recently weighed in on SLF. National Bank Financial raised shares of Sun Life Financial from a "sector perform" rating to an "outperform" rating in a research note on Wednesday, January 15th. Scotiabank reiterated an "outperform" rating on shares of Sun Life Financial in a research report on Thursday. Cormark raised Sun Life Financial from a "hold" rating to a "moderate buy" rating in a research note on Thursday, February 13th. Finally, StockNews.com cut Sun Life Financial from a "buy" rating to a "hold" rating in a report on Wednesday, February 5th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy".

Institutional Inflows and Outflows

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

About Sun Life Financial

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.