What is Cormark’s Forecast for TSE:SLF Q1 Earnings?

Sun Life Financial Inc. (TSE:SLF) (NYSE:SLF) – Cormark issued their Q1 2025 earnings estimates for shares of Sun Life Financial in a research report issued on Wednesday, April 30th. Cormark analyst L. Persaud expects that the financial services provider will post earnings per share of $1.71 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 $6.92 per share. Cormark also issued estimates for Sun Life Financial’s FY2025 earnings at $7.26 EPS.

Other analysts have also issued reports about the stock. Scotiabank reduced their price objective on shares of Sun Life Financial from C$94.00 to C$90.00 and set an “outperform” rating for the company in a research note on Thursday. CIBC reduced their price objective on shares of Sun Life Financial from C$94.00 to C$89.00 and set an “outperform” rating for the company in a research note on Thursday. Jefferies Financial Group reduced their price objective on shares of Sun Life Financial from C$96.00 to C$90.00 in a research note on Monday, April 21st. National Bankshares reduced their price objective on shares of Sun Life Financial from C$95.00 to C$93.00 and set an “outperform” rating for the company in a research note on Thursday, February 13th. Finally, Royal Bank of Canada set a C$82.00 price objective on shares of Sun Life Financial and gave the company an “outperform” rating in a research note on Tuesday, April 15th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of C$85.70.

Sun Life Financial Stock Down 0.3 %

Shares of Sun Life Financial stock opened at C$81.88 on Thursday. The company has a debt-to-equity ratio of 26.00, a current ratio of 92.19 and a quick ratio of 84,866.00. The company has a 50-day moving average of C$79.80 and a 200 day moving average of C$81.99. The firm has a market cap of C$46.77 billion, a price-to-earnings ratio of 12.35, a PEG ratio of 1.33 and a beta of 0.94. Sun Life Financial has a 1 year low of C$64.38 and a 1 year high of C$88.54.

Sun Life Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 31st were issued a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date of this dividend was Wednesday, February 26th. Sun Life Financial’s payout ratio is presently 48.87%.

About Sun Life Financial

Sun Life Financial is one of Canada’s Big Three life insurance companies along with Great-West Lifeco and Manulife. Sun Life provides insurance, retirement, and wealth-management services to individual and corporate customers in Canada, the United States, and Asia. It also owns MFS Investment Management, a Boston-based asset-management firm.