Sun Life Financial Inc. (TSE:SLF – Free Report) (NYSE:SLF) – Equities research analysts at Cormark lowered their FY2024 earnings per share (EPS) estimates for Sun Life Financial in a report released on Thursday, April 25th. Cormark analyst L. Persaud now expects that the financial services provider will post earnings per share of $6.90 for the year, down from their previous forecast of $6.97. The consensus estimate for Sun Life Financial’s current full-year earnings is $6.90 per share. Cormark also issued estimates for Sun Life Financial’s FY2025 earnings at $7.37 EPS.
Sun Life Financial (TSE:SLF – Get Free Report) (NYSE:SLF) last issued its earnings results on Wednesday, February 7th. The financial services provider reported C$1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$1.59 by C$0.09. Sun Life Financial had a return on equity of 13.98% and a net margin of 10.26%. The firm had revenue of C$18.68 billion for the quarter.
View Our Latest Research Report on Sun Life Financial
Sun Life Financial Price Performance
Shares of SLF opened at C$70.67 on Monday. The company has a current ratio of 6.81, a quick ratio of 84,866.00 and a debt-to-equity ratio of 78.47. Sun Life Financial has a 1 year low of C$61.84 and a 1 year high of C$74.94. The stock has a market cap of C$41.16 billion, a P/E ratio of 13.44, a price-to-earnings-growth ratio of 1.25 and a beta of 0.96. The stock’s 50-day moving average price is C$72.60 and its two-hundred day moving average price is C$69.64.
Insider Activity at Sun Life Financial
In other Sun Life Financial news, Senior Officer Daniel Fishbein sold 16,000 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of C$74.45, for a total transaction of C$1,191,120.00. 0.03% of the stock is owned by insiders.
Sun Life Financial Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Wednesday, February 28th were given a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date was Tuesday, February 27th. This is a positive change from Sun Life Financial’s previous quarterly dividend of $0.75. Sun Life Financial’s dividend payout ratio (DPR) is currently 59.32%.
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.
Recommended Stories
- Five stocks we like better than Sun Life Financial
- What is Put Option Volume?
- Snap Crackles and Pops on Surprise Profit and Raised Guidance
- The “How” and “Why” of Investing in 5G Stocks
- MarketBeat Week in Review – 4/22 – 4/26
- How Technical Indicators Can Help You Find Oversold Stocks
- 3 Stocks Leading the U.S. Agriculture Comeback
Receive News & Ratings for Sun Life Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sun Life Financial and related companies with MarketBeat.com's FREE daily email newsletter.