Sun Life Financial Inc. (SLF) To Go Ex-Dividend on February 25th

Sun Life Financial Inc. (TSE:SLF) (NYSE:SLF) announced a quarterly dividend on Wednesday, February 25th, TickerTech Dividends reports. Shareholders of record on Tuesday, March 31st will be paid a dividend of 0.92 per share by the financial services provider on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Wednesday, February 25th.

Sun Life Financial Trading Up 1.5%

Shares of TSE SLF opened at C$90.84 on Monday. Sun Life Financial has a fifty-two week low of C$74.56 and a fifty-two week high of C$94.76. The firm has a market capitalization of C$50.31 billion, a P/E ratio of 14.77, a P/E/G ratio of 1.33 and a beta of 0.73. The company has a debt-to-equity ratio of 26.00, a current ratio of 92.19 and a quick ratio of 84,866.00. The company’s 50 day simple moving average is C$87.25 and its 200 day simple moving average is C$84.35.

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

Analysts Set New Price Targets

SLF has been the subject of a number of recent research reports. Canadian Imperial Bank of Commerce upped their price target on Sun Life Financial from C$93.00 to C$95.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. BMO Capital Markets boosted their price objective on shares of Sun Life Financial from C$95.00 to C$100.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Barclays decreased their target price on shares of Sun Life Financial from C$84.00 to C$83.00 in a research report on Friday, January 9th. TD Securities lowered their price target on shares of Sun Life Financial from C$104.00 to C$102.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Finally, Scotiabank boosted their price target on shares of Sun Life Financial from C$93.00 to C$96.00 and gave the stock a “sector perform” rating in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of C$96.44.

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.