National Bank Financial Predicts TSE:SFC FY2025 Earnings

Sagicor Financial Company Ltd. (TSE:SFC) – Equities research analysts at National Bank Financial upped their FY2025 earnings per share estimates for Sagicor Financial in a report issued on Monday, November 18th. National Bank Financial analyst G. Dechaine now forecasts that the company will earn $0.89 per share for the year, up from their prior estimate of $0.88. The consensus estimate for Sagicor Financial’s current full-year earnings is $0.96 per share.

A number of other equities research analysts have also issued reports on the company. Royal Bank of Canada dropped their target price on Sagicor Financial from C$9.00 to C$8.50 and set an “outperform” rating on the stock in a research report on Tuesday, August 20th. Scotiabank dropped their price objective on Sagicor Financial from C$10.00 to C$9.00 and set an “outperform” rating on the stock in a research note on Friday, August 16th.

Sagicor Financial Stock Performance

TSE SFC opened at C$6.30 on Wednesday. Sagicor Financial has a one year low of C$5.40 and a one year high of C$7.41. The firm has a market capitalization of C$888.74 million, a price-to-earnings ratio of 1.41 and a beta of 0.20. The stock’s 50-day simple moving average is C$5.99.

Insider Buying and Selling

In related news, Director Alan Kenneth Ryder bought 10,000 shares of the firm’s stock in a transaction on Monday, September 30th. The shares were purchased at an average price of C$5.57 per share, with a total value of C$55,700.00. Over the last quarter, insiders have purchased 15,000 shares of company stock worth $84,750. Company insiders own 34.21% of the company’s stock.

About Sagicor Financial

Sagicor Financial Company Ltd., together with its subsidiaries, provides insurance products and related financial services in Jamaica, Barbados, Trinidad, Tobago, other Caribbean region, and the United States. It operates through three segments: Sagicor Jamaica, Sagicor Life, and Sagicor Life USA. The company offers life and health insurance products; employee benefits, including group health and group life benefits; and annuities, asset management, and property and casualty insurance.