Equities Analysts Issue Forecasts for SLF FY2026 Earnings

Sun Life Financial Inc. (NYSE:SLF) (TSE:SLF) – Equities researchers at National Bank Financial issued their FY2026 EPS estimates for Sun Life Financial in a research note issued on Tuesday, January 14th. National Bank Financial analyst G. Dechaine forecasts that the financial services provider will post earnings of $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 research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Sun Life Financial Price Performance

Shares of SLF opened at $58.83 on Thursday. Sun Life Financial has a 1 year low of $46.41 and a 1 year high of $62.85. The business has a 50-day moving average of $59.96 and a 200-day moving average of $55.89. The company has a market capitalization of $33.85 billion, a price-to-earnings ratio of 13.10, a price-to-earnings-growth ratio of 1.53 and a beta of 1.03.

Sun Life Financial Increases Dividend

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

Institutional Investors Weigh In On Sun Life Financial

Several hedge funds and other institutional investors have recently made changes to their positions in SLF. Mackenzie Financial Corp lifted its holdings in shares of Sun Life Financial by 2.9% in the second 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 in the last quarter. 1832 Asset Management L.P. boosted its holdings in Sun Life Financial by 5.1% in 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 buying an additional 499,009 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of Sun Life Financial by 7.6% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 9,256,384 shares of the financial services provider’s stock valued at $537,288,000 after purchasing an additional 654,404 shares during the period. Toronto Dominion Bank lifted its holdings in shares of Sun Life Financial by 5.0% in the second quarter. Toronto Dominion Bank now owns 6,975,205 shares of the financial services provider’s stock worth $341,715,000 after buying an additional 332,641 shares in the last quarter. Finally, CIBC Asset Management Inc raised its position in shares of Sun Life Financial by 1.3% in the third quarter. CIBC Asset Management Inc now owns 6,488,668 shares of the financial services provider’s stock worth $377,311,000 after buying an additional 81,261 shares in the last quarter. 52.26% of the stock is owned by institutional investors.

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.