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

Sun Life Financial (TSE:SLF) (NYSE:SLF) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, February 14th. Analysts expect the company to announce earnings of C$1.02 per share for the quarter.

Sun Life Financial (TSE:SLF) (NYSE:SLF) last posted its quarterly earnings data on Wednesday, November 8th. The financial services provider reported C$1.05 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.98 by C$0.07. Sun Life Financial had a net margin of 15.30% and a return on equity of 16.34%. The business had revenue of C$5.56 billion for the quarter.

Sun Life Financial (SLF) opened at C$51.75 on Wednesday. Sun Life Financial has a 12 month low of C$43.51 and a 12 month high of C$55.20. The company has a market cap of $31,680.00, a P/E ratio of 11.95 and a beta of 0.49.

A number of research firms recently commented on SLF. National Bank Financial raised their target price on shares of Sun Life Financial from C$53.00 to C$54.00 and gave the stock an “outperform” rating in a report on Thursday, November 9th. CIBC raised their target price on shares of Sun Life Financial from C$55.00 to C$58.00 in a report on Monday, January 15th. TD Securities raised their target price on shares of Sun Life Financial from C$53.00 to C$54.00 and gave the stock a “hold” rating in a report on Thursday, November 9th. Barclays raised their target price on shares of Sun Life Financial from C$53.00 to C$55.00 in a report on Thursday, January 11th. Finally, CSFB raised their target price on shares of Sun Life Financial from C$54.00 to C$56.00 in a report on Monday, January 29th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Sun Life Financial currently has an average rating of “Buy” and a consensus price target of C$56.13.

In other news, Director Dean Connor sold 50,042 shares of the firm’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of C$50.37, for a total transaction of C$2,520,615.54. Also, insider Colm Joseph Freyne sold 17,731 shares of the firm’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of C$49.93, for a total transaction of C$885,308.83.

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Sun Life Financial Company Profile

Sun Life Financial Inc is the holding company of Sun Life Assurance Company of Canada. The Company is a financial services company providing a range of insurance, wealth and asset management solutions to individuals and corporate Clients. It operates through five segments. The Sun Life Financial Canada segment provides retail insurance and investment advice, products and services to people across Canada.

Earnings History for Sun Life Financial (TSE:SLF)

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