TD Securities Cuts Sun Life Financial (TSE:SLF) Price Target to C$102.00

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

A number of other equities research analysts have also recently commented on SLF. Barclays reduced their target price on shares of Sun Life Financial from C$84.00 to C$83.00 in a report on Friday, January 9th. National Bank Financial reduced their price objective on Sun Life Financial from C$94.00 to C$93.00 in a research note on Thursday, November 6th. UBS Group raised Sun Life Financial to a “hold” rating in a research report on Thursday, October 16th. Jefferies Financial Group boosted their target price on Sun Life Financial from C$96.00 to C$98.00 in a report on Monday, November 10th. Finally, Desjardins set a C$94.00 price target on Sun Life Financial and gave the stock a “buy” rating in a report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of C$96.44.

Sun Life Financial Price Performance

SLF stock opened at C$93.94 on Thursday. The stock has a market cap of C$52.03 billion, a price-to-earnings ratio of 17.79, a price-to-earnings-growth ratio of 1.33 and a beta of 0.73. Sun Life Financial has a 52-week low of C$74.56 and a 52-week high of C$94.76. The business has a fifty day moving average of C$86.29 and a two-hundred day moving average of C$84.08. The company has a quick ratio of 84,866.00, a current ratio of 92.19 and a debt-to-equity ratio of 26.00.

Sun Life Financial (TSE:SLF) (NYSE:SLF) last announced its 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 net margin of 7.58% and a return on equity of 15.69%. As a group, research analysts anticipate that Sun Life Financial will post 6.9230769 earnings per share for the current year.

Sun Life Financial Increases Dividend

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

Key Sun Life Financial News

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

• Positive Sentiment: Q4 earnings beat and strong results — Sun Life reported C$1.96 EPS, a sizable year-over-year profit increase (~$722M) and strong Asia unit performance, which supports the upbeat investor reaction. Article Title Article Title
• Positive Sentiment: Jefferies raised its target from C$97 to C$103 (≈10.1% upside), signaling stronger analyst conviction on SLF’s outlook. Article Title
• Positive Sentiment: BMO Capital Markets lifted its target to C$100 and moved to “outperform,” another bullish vote that likely supported buying interest. Article Title
• Positive Sentiment: Desjardins increased its target to C$101 and set a “buy” rating — adds momentum to the bullish analyst narrative. Article Title Article Title
• Positive Sentiment: Scotiabank and RBC both raised targets (Scotia to C$96, RBC to C$95), keeping coverage upbeat across major Canadian dealers. Article Title
• Positive Sentiment: Dividend activity — Sun Life declared common and preferred-share dividends (preferred payable Q1 2026), which appeals to income-focused investors. Article Title Article Title
• Neutral Sentiment: Earnings call transcript and highlights are available for deeper read-through; watch management commentary for margin drivers and Asia growth details. Article Title Article Title
• Negative Sentiment: TD Securities trimmed its target from C$104 to C$102 (still a “buy”), a modest negative signal that some firms are tempering near-term upside. Article Title

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.