National Bank Financial Analysts Lower Earnings Estimates for Sun Life Financial Inc. (NYSE:SLF)


Sunlight Daily life Economic Inc. (NYSE:SLFGet Ranking) (TSE:SLF) – Investigation analysts at Nationwide Bank Money lowered their FY2023 earnings for each share estimates for shares of Sun Existence Fiscal in a research report issued on Wednesday, Could 11th. Nationwide Bank Money analyst G. Dechaine now expects that the money solutions service provider will generate $4.93 for each share for the calendar year, down from their preceding estimate of $5.55.

A range of other investigate analysts have also lately weighed in on SLF. Scotiabank dropped their price objective on shares of Sun Lifestyle Fiscal from C$71.00 to C$67.00 in a report on Friday. StockNews.com assumed coverage on shares of Sun Existence Financial in a report on Thursday, March 31st. They established a “hold” ranking for the firm. Zacks Investment decision Study restated a “hold” score on shares of Sun Existence Financial in a study report on Thursday, March 17th. Canaccord Genuity Group diminished their cost objective on shares of Solar Lifestyle Economical from C$75.50 to C$67.00 in a investigate report on Sunday. Finally, BMO Cash Markets lowered their rate goal on shares of Sunshine Lifetime Monetary from C$80.00 to C$75.00 in a research report on Friday. A person analyst has rated the inventory with a promote ranking, 4 have issued a hold score and six have issued a acquire ranking to the organization. Centered on information from MarketBeat.com, the inventory has a consensus score of “Hold” and an regular target rate of $71.14.

Shares of SLF inventory opened at $47.62 on Monday. The company’s 50-day shifting common price is $53.22 and its 200-working day shifting typical price is $54.50. Sunshine Life Economic has a twelve thirty day period lower of $46.23 and a twelve thirty day period large of $58.49. The inventory has a market place cap of $27.91 billion, a value-to-earnings ratio of 9.11, a PEG ratio of 1.06 and a beta of 1.06.

The business also lately disclosed a quarterly dividend, which will be paid out on Thursday, June 30th. Stockholders of record on Wednesday, June 1st will be paid a dividend of $.537 for every share. This represents a $2.15 dividend on an annualized foundation and a dividend generate of 4.51{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. This is a boost from Sunlight Life Financial’s past quarterly dividend of $.52. The ex-dividend day is Tuesday, May possibly 31st. Sun Lifetime Financial’s dividend payout ratio (DPR) is 39.77{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

A amount of hedge cash have not long ago added to or minimized their stakes in SLF. Brinker Capital Investments LLC lifted its holdings in shares of Sunshine Lifestyle Economical by 1.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the course of the 4th quarter. Brinker Capital Investments LLC now owns 12,828 shares of the fiscal services provider’s inventory valued at $714,000 after obtaining an further 173 shares in the past quarter. JCIC Asset Management Inc. improved its position in shares of Solar Everyday living Economical by .8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 1st quarter. JCIC Asset Management Inc. now owns 26,721 shares of the fiscal products and services provider’s inventory worth $1,492,000 immediately after obtaining an additional 205 shares in the course of the last quarter. Quadrant Capital Team LLC grew its placement in shares of Solar Lifestyle Financial by 8.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} for the duration of the 4th quarter. Quadrant Capital Team LLC now owns 2,735 shares of the economic companies provider’s inventory valued at $152,000 following obtaining an supplemental 224 shares for the duration of the final quarter. Cetera Advisor Networks LLC grew its placement in shares of Sunshine Daily life Money by 2.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} all through the 1st quarter. Cetera Advisor Networks LLC now owns 10,835 shares of the economical expert services provider’s inventory valued at $605,000 soon after buying an extra 250 shares all through the previous quarter. Lastly, Eaton Vance Management grew its position in shares of Sun Existence Money by 3.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the course of the 3rd quarter. Eaton Vance Administration now owns 6,688 shares of the monetary expert services provider’s stock valued at $271,000 after acquiring an added 253 shares for the duration of the last quarter. 47.14{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the inventory is owned by hedge funds and other institutional buyers.

About Solar Everyday living Monetary (Get Rating)

Sunshine Life Money Inc, a monetary providers firm, supplies insurance, prosperity, and asset management solutions to people and corporate shoppers around the globe. It provides term and long term existence, as properly as individual health and fitness, dental, important disease, prolonged-phrase treatment, and incapacity insurance plan solutions. The corporation also presents reinsurance products expense counselling and portfolio management expert services mutual resources and segregated funds trust and banking expert services true estate property brokerage and appraisal services and service provider banking expert services.

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



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