What is Desjardins’ Estimate for SLF Q1 Earnings?

Sun Life Financial Inc. (NYSE:SLF) (TSE:SLF) – Equities researchers at Desjardins issued their Q1 2025 earnings per share (EPS) estimates for Sun Life Financial in a report issued on Thursday, February 13th. Desjardins analyst D. Young forecasts that the financial services provider will post earnings per share of $1.23 for the quarter. The consensus estimate for Sun Life Financial’s current full-year earnings is $4.76 per share. Desjardins also issued estimates for Sun Life Financial’s Q2 2025 earnings at $1.25 EPS, Q3 2025 earnings at $1.28 EPS, Q4 2025 earnings at $1.32 EPS, FY2025 earnings at $5.08 EPS and FY2026 earnings at $5.50 EPS.

Sun Life Financial (NYSE:SLF) (TSE:SLF) last announced its quarterly earnings results on Wednesday, February 12th. The financial services provider reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.30. Sun Life Financial had a net margin of 7.32% and a return on equity of 17.44%.

SLF has been the subject of a number of other reports. StockNews.com lowered shares of Sun Life Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, February 5th. National Bank Financial upgraded Sun Life Financial from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, January 15th. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Sun Life Financial Stock Down 0.2 %

Shares of Sun Life Financial stock opened at $55.17 on Monday. Sun Life Financial has a twelve month low of $46.41 and a twelve month high of $62.85. The company has a market cap of $34.65 billion, a price-to-earnings ratio of 12.29, a price-to-earnings-growth ratio of 1.61 and a beta of 1.03. The company’s 50 day moving average is $58.78 and its 200 day moving average is $57.23.

Hedge Funds Weigh In On Sun Life Financial

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Norges Bank purchased a new stake in Sun Life Financial in the 4th quarter worth $382,176,000. Intact Investment Management Inc. grew its holdings in Sun Life Financial by 295.5% during the 4th quarter. Intact Investment Management Inc. now owns 1,911,027 shares of the financial services provider’s stock valued at $113,453,000 after buying an additional 1,427,815 shares in the last quarter. Wellington Management Group LLP grew its holdings in Sun Life Financial by 2,071.4% during the 4th quarter. Wellington Management Group LLP now owns 1,350,751 shares of the financial services provider’s stock valued at $80,160,000 after buying an additional 1,288,545 shares in the last quarter. National Bank of Canada FI raised its position in shares of Sun Life Financial by 28.2% during the third quarter. National Bank of Canada FI now owns 5,837,298 shares of the financial services provider’s stock valued at $338,621,000 after buying an additional 1,284,556 shares during the last quarter. Finally, Canada Pension Plan Investment Board lifted its holdings in shares of Sun Life Financial by 71.9% in the fourth quarter. Canada Pension Plan Investment Board now owns 2,867,939 shares of the financial services provider’s stock worth $170,068,000 after buying an additional 1,200,000 shares in the last quarter. 52.26% of the stock is currently owned by hedge funds and other institutional investors.

Sun Life Financial Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Wednesday, February 26th will be issued a dividend of $0.5876 per share. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a $2.35 dividend on an annualized basis and a yield of 4.26%. Sun Life Financial’s dividend payout ratio is currently 57.46%.

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.