Sun Life Financial Inc. (TSE:SLF) reports earnings of $6.39 per share for fiscal 2022, National Bank financial forecasts

Sun Life Financial Inc. (TSE:SLFreceived rating) (NYSE:SLF) – Research analysts at National Bank Financial, in a Thursday, April 7th, National Bank financial analyst G. Dechaine now forecast that the financial services provider will earn $6.39 per share for the year , down from its previous estimate of $6.44. National Bank Financial currently has a sector perform rating on the stock.

Other research analysts have also issued reports on the stock. Zacks Investment Research reiterated a “hold” rating on Sun Life Financial shares in a report on Thursday, March 17. BMO Capital Markets lowered its target price on shares of Sun Life Financial to C$80.00 from C$81.00 in a report on Friday, February 11. Scotiabank lowered its target price on shares of Sun Life Financial to C$76.00 from C$78.00 in a report on Friday, February 11. National Bankshares downgraded shares of Sun Life Financial from an outperform rating to a hold rating and lowered its price target on the company to 77 from C$79.00 in a report on Thursday, February 10. $00. Finally, in a report on Thursday, February 10, TD Securities downgraded shares of Sun Life Financial from a “buy” rating to a “hold” rating and lowered the price target for the company to 78 from C$81.00 C$.00. One equities research analyst has rated the stock with a sell rating, six with a hold rating and four with a buy rating. According to, Sun Life Financial currently has an average rating of Hold and a consensus price target of $72.50 CAD.

shares of SLF bearing opened Monday at CAD$69.10. The company has a market cap of CA$40.50 billion and a P/E of 10.34. The company has a debt to equity ratio of 53.27, a current ratio of 11.91 and a quick ratio of 11.27. Sun Life Financial has a 1 year low of C$62.00 and a 1 year high of C$74.22. The company has a 50-day moving average of $69.12 and a 200-day moving average of $69.39.

Sun Life Financial (TSE:SLFreceived rating) (NYSE:SLF) last issued its quarterly earnings results on Wednesday, February 9th. The financial services firm reported earnings per share (EPS) of CA$1.53 for the quarter, matching the Thomson Reuters consensus estimate of CA$1.53. The company had revenue of $13 billion for the quarter.

The company also recently announced a quarterly dividend, which was paid on Thursday, March 31st. Stockholders of record on Wednesday, March 2nd received a dividend of $0.66 per share. That equates to a dividend of $2.64 on an annualized basis and a dividend yield of 3.82%. This is an increase from Sun Life Financial’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend was Tuesday March 1st. Sun Life Financial’s payout ratio is 34.55%.

Company profile of Sun Life Financial (received rating)

Sun Life Financial Inc, a financial services company, provides insurance, wealth and wealth management solutions to individual and corporate clients worldwide. It offers term and permanent life insurance, as well as personal health, dental, critical illness, long-term care and disability insurance products. The company also offers reinsurance products; investment advice and portfolio management; mutual funds and segregated funds; trust and banking services; Real estate brokerage and appraisal; and commercial banking services.

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Earnings History and Estimates for Sun Life Financial (TSE:SLF)

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