National Bank Financial Predicts SLF FY2026 Earnings

Sun Life Financial Inc. (NYSE:SLF - Free Report) TSE: SLF - Equities researchers at National Bank Financial issued their FY2026 earnings per share 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 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 downgraded Sun Life Financial from a "buy" rating to a "hold" rating in a research report on Tuesday, November 19th. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy".

Sun Life Financial Stock Performance

Shares of SLF traded up $0.04 during mid-day trading on Thursday, reaching $58.99. The stock had a trading volume of 175,315 shares, compared to its average volume of 392,008. The business has a fifty day moving average of $59.97 and a 200 day moving average of $55.85. The firm has a market cap of $33.85 billion, a price-to-earnings ratio of 13.14, a PEG ratio of 1.53 and a beta of 1.03. Sun Life Financial has a 12 month low of $46.41 and a 12 month high of $62.85.

Institutional Investors Weigh In On Sun Life Financial

A number of hedge funds have recently made changes to their positions in SLF. Avanza Fonder AB purchased a new stake in shares of Sun Life Financial during the fourth quarter valued at about $2,499,000. Dixon Mitchell Investment Counsel Inc. purchased a new stake in Sun Life Financial during the fourth quarter valued at approximately $45,000. Burney Co. boosted its stake in Sun Life Financial by 0.6% in the fourth quarter. Burney Co. now owns 87,150 shares of the financial services provider's stock valued at $5,171,000 after acquiring an additional 508 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in Sun Life Financial by 4.0% in the fourth quarter. Assenagon Asset Management S.A. now owns 65,096 shares of the financial services provider's stock worth $3,863,000 after purchasing an additional 2,507 shares during the last quarter. Finally, JCIC Asset Management Inc. lifted its holdings in shares of Sun Life Financial by 1.9% during the 4th quarter. JCIC Asset Management Inc. now owns 108,325 shares of the financial services provider's stock valued at $6,428,000 after purchasing an additional 1,979 shares during the last quarter. 52.26% of the stock is currently owned by hedge funds and other institutional investors.

Sun Life Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Wednesday, November 27th were issued a $0.621 dividend. The ex-dividend date was Wednesday, November 27th. This is an increase from Sun Life Financial's previous quarterly dividend of $0.59. This represents a $2.48 dividend on an annualized basis and a dividend yield of 4.21%. Sun Life Financial's dividend payout ratio (DPR) is currently 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.