TSE:SFC FY2024 EPS Forecast Cut by National Bank Financial

Sagicor Financial Company Ltd. (TSE:SFC) – National Bank Financial dropped their FY2024 earnings estimates for shares of Sagicor Financial in a report released on Tuesday, January 14th. National Bank Financial analyst G. Dechaine now anticipates that the company will post earnings of $0.65 per share for the year, down from their previous estimate of $0.82. The consensus estimate for Sagicor Financial’s current full-year earnings is $0.96 per share. National Bank Financial also issued estimates for Sagicor Financial’s FY2025 earnings at $0.81 EPS.

Sagicor Financial Stock Up 1.2 %

SFC stock opened at C$6.53 on Friday. The stock has a market capitalization of C$921.19 million, a price-to-earnings ratio of 1.48 and a beta of 0.20. Sagicor Financial has a 52-week low of C$5.40 and a 52-week high of C$7.41. The stock’s fifty day simple moving average is C$6.29 and its 200-day simple moving average is C$6.14.

About Sagicor Financial

Sagicor Financial Company Ltd., together with its subsidiaries, provides insurance products and related financial services in Jamaica, Barbados, Trinidad, Tobago, other Caribbean region, and the United States. It operates through three segments: Sagicor Jamaica, Sagicor Life, and Sagicor Life USA. The company offers life and health insurance products; employee benefits, including group health and group life benefits; and annuities, asset management, and property and casualty insurance.