Sun Life Financial Inc. (NYSE:SLF – Free Report) (TSE:SLF) – Research analysts at National Bank Financial issued their FY2026 earnings per share (EPS) estimates for shares of Sun Life Financial in a research report issued on Tuesday, January 14th. National Bank Financial analyst G. Dechaine forecasts that the financial services provider will earn $5.77 per share for the year. National Bank Financial currently has a “Outperform” rating on the stock. The consensus estimate for Sun Life Financial’s current full-year earnings is $4.85 per share.
Separately, StockNews.com downgraded shares of Sun Life Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, November 19th. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.
Sun Life Financial Trading Up 0.1 %
Sun Life Financial stock opened at $58.99 on Thursday. The stock has a fifty day moving average price of $59.97 and a 200 day moving average price of $55.87. Sun Life Financial has a 52 week low of $46.41 and a 52 week high of $62.85. The firm has a market capitalization of $33.85 billion, a P/E ratio of 13.14, a PEG ratio of 1.53 and a beta of 1.03.
Institutional Trading of Sun Life Financial
Hedge funds have recently made changes to their positions in the company. Assenagon Asset Management S.A. increased its position in shares of Sun Life Financial by 0.3% during the third quarter. Assenagon Asset Management S.A. now owns 62,589 shares of the financial services provider’s stock worth $3,635,000 after acquiring an additional 200 shares during the last quarter. State Street Corp raised its holdings in shares of Sun Life Financial by 0.8% during the third quarter. State Street Corp now owns 39,478 shares of the financial services provider’s stock worth $2,291,000 after purchasing an additional 330 shares during the period. Addison Advisors LLC lifted its holdings in Sun Life Financial by 124.9% in the third quarter. Addison Advisors LLC now owns 650 shares of the financial services provider’s stock worth $38,000 after acquiring an additional 361 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Sun Life Financial by 1.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 33,507 shares of the financial services provider’s stock valued at $1,642,000 after acquiring an additional 426 shares during the period. Finally, Evergreen Capital Management LLC grew its holdings in shares of Sun Life Financial by 9.5% during the second quarter. Evergreen Capital Management LLC now owns 5,373 shares of the financial services provider’s stock valued at $263,000 after purchasing an additional 466 shares during the last quarter. Hedge funds and other institutional investors own 52.26% of the company’s stock.
Sun Life Financial Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Wednesday, November 27th were paid a $0.621 dividend. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 4.21%. This is a positive change from Sun Life Financial’s previous quarterly dividend of $0.59. Sun Life Financial’s dividend payout ratio (DPR) is 57.46%.
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.
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