What is Cormark’s Estimate for SLF Q1 Earnings?

Sun Life Financial Inc. (NYSE:SLF) (TSE:SLF) – Investment analysts at Cormark issued their Q1 2025 earnings per share estimates for shares of Sun Life Financial in a research report issued to clients and investors on Wednesday, April 30th. Cormark analyst L. Persaud anticipates that the financial services provider will post earnings per share of $1.23 for the quarter. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Sun Life Financial’s current full-year earnings is $5.19 per share.

Several other equities research analysts also recently issued reports on SLF. StockNews.com downgraded shares of 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 report on Wednesday, January 15th. Two research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Sun Life Financial Stock Up 1.6 %

Shares of SLF stock opened at $60.05 on Thursday. The firm has a fifty day moving average of $56.41 and a 200-day moving average of $57.90. The firm has a market capitalization of $34.08 billion, a price-to-earnings ratio of 15.64, a price-to-earnings-growth ratio of 1.52 and a beta of 0.90. Sun Life Financial has a 12-month low of $46.41 and a 12-month high of $62.85.

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 for the quarter, beating analysts’ consensus estimates of $0.90 by $0.30. Sun Life Financial had a net margin of 8.08% and a return on equity of 16.86%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. NorthCrest Asset Manangement LLC raised its stake in Sun Life Financial by 1.7% in the 1st quarter. NorthCrest Asset Manangement LLC now owns 10,801 shares of the financial services provider’s stock valued at $618,000 after acquiring an additional 180 shares during the period. Private Advisor Group LLC raised its holdings in Sun Life Financial by 2.1% in the 4th quarter. Private Advisor Group LLC now owns 8,643 shares of the financial services provider’s stock valued at $513,000 after acquiring an additional 181 shares during the period. Checchi Capital Advisers LLC lifted its position in Sun Life Financial by 5.4% during the fourth quarter. Checchi Capital Advisers LLC now owns 3,719 shares of the financial services provider’s stock worth $221,000 after acquiring an additional 192 shares during the last quarter. Erste Asset Management GmbH boosted its holdings in shares of Sun Life Financial by 0.7% during the fourth quarter. Erste Asset Management GmbH now owns 28,400 shares of the financial services provider’s stock worth $1,693,000 after acquiring an additional 200 shares during the period. Finally, Tidal Investments LLC increased its stake in shares of Sun Life Financial by 4.5% during the fourth quarter. Tidal Investments LLC now owns 5,147 shares of the financial services provider’s stock worth $305,000 after purchasing an additional 222 shares during the period. 52.26% of the stock is currently owned by institutional investors and hedge funds.

Sun Life Financial Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, February 26th were paid a $0.5876 dividend. The ex-dividend date was Wednesday, February 26th. This represents a $2.35 annualized dividend and a dividend yield of 3.91%. Sun Life Financial’s dividend payout ratio is presently 60.16%.

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.