Sun Life Financial (TSE:SLF) Given New C$102.00 Price Target at TD Securities

Sun Life Financial (TSE:SLF) (NYSE:SLF) had its price target trimmed by TD Securities from C$104.00 to C$102.00 in a report released on Thursday,BayStreet.CA reports. The firm currently has a buy rating on the financial services provider’s stock.

A number of other equities analysts have also issued reports on SLF. Royal Bank Of Canada set a C$84.00 target price on shares of Sun Life Financial and gave the stock a “sector perform” rating in a research report on Monday, January 19th. Barclays decreased their price target on shares of Sun Life Financial from C$84.00 to C$83.00 in a research note on Friday, January 9th. UBS Group upgraded shares of Sun Life Financial to a “hold” rating in a research note on Thursday, October 16th. Jefferies Financial Group increased their target price on shares of Sun Life Financial from C$96.00 to C$98.00 in a research note on Monday, November 10th. Finally, BMO Capital Markets lowered their price target on Sun Life Financial from C$99.00 to C$95.00 in a report on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of C$93.00.

Sun Life Financial Stock Up 6.3%

SLF opened at C$93.64 on Thursday. Sun Life Financial has a one year low of C$74.56 and a one year high of C$93.83. The company has a debt-to-equity ratio of 26.00, a quick ratio of 84,866.00 and a current ratio of 92.19. The stock has a market capitalization of C$51.86 billion, a P/E ratio of 17.73, a price-to-earnings-growth ratio of 1.33 and a beta of 0.73. The business’s 50-day simple moving average is C$86.03 and its 200-day simple moving average is C$84.03.

Sun Life Financial (TSE:SLF) (NYSE:SLF) last released its quarterly earnings results on Wednesday, February 11th. The financial services provider reported C$1.96 earnings per share (EPS) for the quarter. Sun Life Financial had a return on equity of 15.69% and a net margin of 7.58%. Analysts anticipate that Sun Life Financial will post 6.9230769 EPS for the current year.

Sun Life Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.92 per share. This is a boost from Sun Life Financial’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend was Wednesday, November 26th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 3.9%. Sun Life Financial’s dividend payout ratio is currently 65.15%.

Sun Life Financial News Summary

Here are the key news stories impacting Sun Life Financial this week:

• Positive Sentiment: Reported quarterly results beat expectations: Q4 profit jumped to about US$722M (from US$237M a year earlier) and the company posted C$1.96 EPS with solid ROE and margins — investors are reacting to the earnings beat and improving underlying performance. Sun Life’s quarterly profit rises on strong Asia unit performance
• Positive Sentiment: Board declared a CAD 0.92 dividend, which supports income-seeking investors and signals confidence in cash flow. Sun Life Financial declares CAD 0.92 dividend
• Positive Sentiment: Trading activity surged and the share price is trading near its 52‑week high, indicating strong investor demand after the report. (Background market data.)
• Neutral Sentiment: Valuation/positioning piece asks whether Sun Life’s shares already reflect its role as a leading Canadian insurer — useful context for traders assessing further upside but not new company-specific catalysts. Is Sun Life Financial (TSX:SLF) Pricing In Its Role As A Major Canadian Insurer?
• Neutral Sentiment: Detailed earnings metrics and analyst consensus are available (C$1.96 EPS; net margin ~7.6%; ROE ~15.7%), which corroborate the positive headline but don’t by themselves change guidance. Sun Life Financial — earnings & analyst data
• Negative Sentiment: TD Securities trimmed its price target from C$104 to C$102 (still a Buy rating), a modest downgrade that reduces some near-term upside expectations. Analyst price-target update (BayStreet.CA)

Sun Life Financial Company Profile

Sun Life Financial is one of Canada’s Big Three life insurance companies along with Great-West Lifeco and Manulife. Sun Life provides insurance, retirement, and wealth-management services to individual and corporate customers in Canada, the United States, and Asia. It also owns MFS Investment Management, a Boston-based asset-management firm. Sun Life generates about a third of its profit from asset-management operations.