Sun Life Financial Inc. (SLF.TO) - What Are Analysts Thinking About This Stock?

Key Points

• Analyst sentiment is moderately bullish: Six of 11 analysts rate Sun Life Financial a “buy,” while five recommend holding the stock. The average 12-month price target is C$115.92, with targets ranging as high as C$141.
• Sun Life reported quarterly earnings of C$2.02 per share on C$9.05 billion in revenue, while shares recently traded at C$111.18. The company also pays an annualized dividend of C$3.84 per share, yielding approximately 3.5%.
• Insiders were substantial net sellers: Executives and directors sold 179,448 shares worth about C$19.9 million during the latest quarter, leaving insiders with only 0.03% ownership.

Sun Life Financial Inc. (TSE:SLF - Get Free Report) NYSE: SLF has earned a consensus recommendation of "Moderate Buy" from the eleven ratings firms that are presently covering the stock, MarketBeat reports. Five analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$115.92.

A number of brokerages recently weighed in on SLF. Desjardins upped their target price on shares of Sun Life Financial from C$120.00 to C$122.00 and gave the stock a "buy" rating in a research note on Monday, August 10th. Canadian Imperial Bank of Commerce lifted their price target on Sun Life Financial from C$102.00 to C$116.00 in a research note on Wednesday, July 15th. Barclays lifted their price target on Sun Life Financial from C$96.00 to C$98.00 in a research note on Friday, August 7th. Royal Bank Of Canada boosted their price target on Sun Life Financial from C$98.00 to C$119.00 and gave the company a "sector perform" rating in a report on Monday, August 10th. Finally, Jefferies Financial Group upped their price objective on Sun Life Financial from C$131.00 to C$141.00 in a research report on Monday, August 10th.

Sun Life Financial Stock Performance

Shares of TSE:SLF opened at C$111.18 on Tuesday. The company has a market capitalization of C$61.82 billion, a price-to-earnings ratio of 18.84, a P/E/G ratio of 1.33 and a beta of 0.73. The firm's 50 day simple moving average is C$111.09 and its 200 day simple moving average is C$106.69. The company has a debt-to-equity ratio of 34.34, a current ratio of 27.38 and a quick ratio of 84,866.00. Sun Life Financial has a fifty-two week low of C$79.99 and a fifty-two week high of C$118.99.

Sun Life Financial (TSE:SLF - Get Free Report) NYSE: SLF last announced its quarterly earnings results on Thursday, August 6th. The financial services provider reported C$2.02 earnings per share for the quarter. The company had revenue of C$9.05 billion for the quarter. Sun Life Financial had a net margin of 8.81% and a return on equity of 13.89%. As a group, sell-side analysts forecast that Sun Life Financial will post 6.92 earnings per share for the current year.

Sun Life Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 29th were given a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Wednesday, August 26th. Sun Life Financial's dividend payout ratio (DPR) is currently 62.37%.

Insider Buying and Selling at Sun Life Financial

In other Sun Life Financial news, insider Jacques Jr. Goulet sold 36,805 shares of the company's stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of C$111.24, for a total transaction of C$4,094,188.20. Following the completion of the transaction, the insider owned 1,063 shares of the company's stock, valued at C$118,248.12. This represents a 97.19% decrease in their position. Also, Director Kevin Strain sold 101,580 shares of the firm's stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of C$110.86, for a total transaction of C$11,261,158.80. Following the transaction, the director directly owned 42,000 shares of the company's stock, valued at C$4,656,120. This represents a 70.75% decrease in their ownership of the stock. In the last quarter, insiders have sold 179,448 shares of company stock worth $19,874,331. Corporate insiders own 0.03% of the company's stock.

About Sun Life Financial

Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of March 31, 2025, Sun Life had total assets under management of $1.55 trillion.

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