Analysts Issue Forecasts for SLF FY2026 Earnings

Sun Life Financial Inc. (NYSE:SLF) (TSE:SLF) – Investment analysts at National Bank Financial issued their FY2026 earnings per share estimates for shares of Sun Life Financial in a research note issued to investors on Tuesday, January 14th. National Bank Financial analyst G. Dechaine expects 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 lowered shares of Sun Life Financial from a “buy” rating to a “hold” rating in a report on Tuesday, November 19th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Sun Life Financial Trading Up 2.3 %

Sun Life Financial stock opened at $58.89 on Thursday. The stock has a 50-day moving average price of $59.97 and a two-hundred day moving average price of $55.85. Sun Life Financial has a 12 month low of $46.41 and a 12 month high of $62.85. The company has a market capitalization of $33.88 billion, a PE ratio of 13.12, a P/E/G ratio of 1.53 and a beta of 1.03.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of SLF. National Bank of Canada FI increased its stake in shares of Sun Life Financial by 28.2% in the third quarter. National Bank of Canada FI now owns 5,837,298 shares of the financial services provider’s stock valued at $338,621,000 after buying an additional 1,284,556 shares during the period. The Manufacturers Life Insurance Company increased its position in Sun Life Financial by 13.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,601,980 shares of the financial services provider’s stock valued at $421,167,000 after purchasing an additional 1,049,244 shares during the period. 1832 Asset Management L.P. raised its holdings in Sun Life Financial by 5.1% during the 2nd quarter. 1832 Asset Management L.P. now owns 10,216,206 shares of the financial services provider’s stock worth $500,492,000 after purchasing an additional 499,009 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Sun Life Financial by 32.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,775,042 shares of the financial services provider’s stock worth $86,958,000 after purchasing an additional 431,418 shares during the period. Finally, Mackenzie Financial Corp boosted its stake in shares of Sun Life Financial by 2.9% in the 2nd quarter. Mackenzie Financial Corp now owns 14,703,533 shares of the financial services provider’s stock valued at $721,042,000 after purchasing an additional 407,913 shares during the last quarter. 52.26% of the stock is owned by institutional investors and hedge funds.

Sun Life Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Wednesday, November 27th were issued a $0.621 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 4.22%. This is an increase from Sun Life Financial’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend was Wednesday, November 27th. Sun Life Financial’s dividend payout ratio is presently 57.46%.

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.