NYSE:SLF Sun Life Financial (SLF) Stock Price, News & Analysis $49.90 +0.35 (+0.71%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$49.71▼$50.1650-Day Range$47.40▼$51.4952-Week Range$44.57▼$55.46Volume216,116 shsAverage Volume359,330 shsMarket Capitalization$28.86 billionP/E Ratio12.76Dividend Yield4.71%Price Target$77.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Sun Life Financial alerts: Email Address Sun Life Financial MarketRank™ Stock AnalysisAnalyst RatingBuy3.33 Rating ScoreUpside/Downside54.3% Upside$77.00 Price TargetShort InterestBearish0.98% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.56Upright™ Environmental ScoreNews Sentiment0.44Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth9.79%From $4.80 to $5.27 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.72 out of 5 starsFinance Sector73rd out of 898 stocksLife Insurance Industry8th out of 21 stocks 3.7 Analyst's Opinion Consensus RatingSun Life Financial has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSun Life Financial has only been the subject of 1 research reports in the past 90 days.Read more about Sun Life Financial's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted0.98% of the float of Sun Life Financial has been sold short.Short Interest Ratio / Days to CoverSun Life Financial has a short interest ratio ("days to cover") of 6.9.Change versus previous monthShort interest in Sun Life Financial has recently increased by 116.35%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipSun Life Financial is a leading dividend payer. It pays a dividend yield of 4.74%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSun Life Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Sun Life Financial is 60.10%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Sun Life Financial will have a dividend payout ratio of 44.59% next year. This indicates that Sun Life Financial will be able to sustain or increase its dividend.Read more about Sun Life Financial's dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSun Life Financial has received a 33.15% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Pension funding services", "Life insurance services for individuals", and "Real estate funds" products. See details.Environmental SustainabilityThe Environmental Impact score for Sun Life Financial is -0.56. Previous Next 1.9 News and Social Media Coverage News SentimentSun Life Financial has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Sun Life Financial this week, compared to 4 articles on an average week.Search InterestOnly 3 people have searched for SLF on MarketBeat in the last 30 days. This is a decrease of -73% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Sun Life Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sun Life Financial insiders have not sold or bought any company stock.Percentage Held by Institutions52.26% of the stock of Sun Life Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Sun Life Financial's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Sun Life Financial are expected to grow by 9.79% in the coming year, from $4.80 to $5.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sun Life Financial is 12.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.27.Price to Earnings Ratio vs. SectorThe P/E ratio of Sun Life Financial is 12.76, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 44.32.Price to Earnings Growth RatioSun Life Financial has a PEG Ratio of 1.29. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSun Life Financial has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Sun Life Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Sun Life Financial Stock (NYSE:SLF)Sun Life Financial Inc., a financial services company, provides savings, retirement, and pension products worldwide. The company operates in five segments: Asset Management, Canada, U.S., Asia, and Corporate. It offers various insurance products, such as term and permanent life; personal health, which includes prescription drugs, dental, and vision care; critical illness; long-term care; and disability, as well as reinsurance. The company also provides advice for financial planning and retirement planning services; investments products, such as mutual funds, segregated funds, and annuities; and asset and investment management products consisting of pooled funds, institutional portfolios, and pension funds. In addition, it offers real estate services; manages equity capital in various private and listed funds, as well as mezzanine debt, middle market direct lending, high-yield bonds, and syndicated loans; and operates as an investment grade fixed income investor, real estate investment management advisor, infrastructure investment manager, and alternative credit investment manager. The company was formerly known as Sun Life Financial Services of Canada Inc. and changed its name to Sun Life Financial Inc. in July 2003. Sun Life Financial Inc. was founded in 1871 and is headquartered in Toronto, Canada.Read More SLF Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SLF Stock News HeadlinesJuly 22, 2024 | theglobeandmail.comSun Life Financial: Stock Forecast & AnalysisJuly 22, 2024 | prnewswire.comSun Life taps Hinge Health as preferred digital musculoskeletal solution for membersJuly 27, 2024 | DTI (Ad)Heard about the 72-Hour Profit Surge? Read this…One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…July 19, 2024 | americanbankingnews.comQ2 2024 Earnings Estimate for Sun Life Financial Inc. Issued By Desjardins (NYSE:SLF)July 10, 2024 | benzinga.comReasons Why Investors Should Retain Sun Life Stock NowJune 12, 2024 | prnewswire.comSun Life U.S. receives Wage Equity Impact Award from Boston Women's Workforce CouncilJune 10, 2024 | prnewswire.comSun Life U.S. and DentaQuest donate $50,000 to Dimock Center's new Cardiometabolic ClinicJune 5, 2024 | prnewswire.comSun Life U.S. expands partnership with Goodpath to offer virtual whole-person care supporting mental and physical healthJuly 27, 2024 | DTI (Ad)Heard about the 72-Hour Profit Surge? Read this…One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…June 3, 2024 | prnewswire.comSun Life U.S. lands in the top 10 of Milwaukee Journal Sentinel Top Places to WorkMay 29, 2024 | finance.yahoo.comForbes names Sun Life U.S. a Best Employer for Diversity for second consecutive yearMay 15, 2024 | finance.yahoo.comSun Life Completes Third Sustainability Bond OfferingMay 15, 2024 | finance.yahoo.comDentaQuest donates $30,000 to Interfaith Dental Clinic to support student mentorship programMay 15, 2024 | seekingalpha.comSun Life Financial: Not A Great QuarterMay 14, 2024 | prnewswire.comSun Life to host Investor Day in TorontoMay 13, 2024 | finance.yahoo.comGroundbreaking insurance solution from Sun Life helps remove barriers for Canadians living with diabetesMay 12, 2024 | finance.yahoo.comSun Life Financial Inc. (NYSE:SLF) Q1 2024 Earnings Call TranscriptMay 11, 2024 | theglobeandmail.comSun Life shares tumble after falling short of quarterly expectationsSee More Headlines Receive SLF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sun Life Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/09/2024Ex-Dividend for 6/28 Dividend5/29/2024Dividend Payable6/28/2024Today7/26/2024Next Earnings (Confirmed)8/12/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Life insurance Sub-IndustryInsurance Current SymbolNYSE:SLF CUSIPN/A CIK1097362 Webwww.sunlife.com Phone(416) 979-9966Fax416-979-3209Employees30,941Year Founded1865Price Target and Rating Average Stock Price Target$77.00 High Stock Price Target$77.00 Low Stock Price Target$77.00 Potential Upside/Downside+54.3%Consensus RatingBuy Rating Score (0-4)3.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$3.91 Trailing P/E Ratio12.76 Forward P/E Ratio10.37 P/E Growth1.28Net Income$2.48 billion Net Margins8.94% Pretax Margin11.34% Return on Equity16.97% Return on Assets1.16% Debt Debt-to-Equity Ratio0.28 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$30.20 billion Price / Sales0.96 Cash Flow$4.87 per share Price / Cash Flow10.24 Book Value$27.83 per share Price / Book1.79Miscellaneous Outstanding Shares578,410,000Free FloatN/AMarket Cap$28.86 billion OptionableOptionable Beta0.99 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Kevin David Strain C.A. (Age 58)CPA, President, CEO & Director Comp: $2.47MMr. Stephen Clarkson Peacher CFA (Age 60)President of SLC Management Comp: $2.85MMr. Daniel Richard FishbeinPresident of Sun Life U.S.Mr. Jacques Goulet Jr. (Age 57)President of Sun Life Canada Comp: $1.58MKey CompetitorsChubbNYSE:CBManulife FinancialNYSE:MFCWillis Towers Watson PublicNASDAQ:WTWPrincipal Financial GroupNYSE:PFGEverest GroupNYSE:EGView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpSold 22,410 shares on 7/26/2024Ownership: 0.103%AustralianSuper Pty LtdBought 29,740 shares on 7/26/2024Ownership: 0.030%Gold Investment Management Ltd.Sold 881 shares on 7/26/2024Ownership: 0.007%K.J. Harrison & Partners IncSold 14,929 shares on 7/26/2024Ownership: 0.005%Verdence Capital Advisors LLCBought 219 shares on 7/26/2024Ownership: 0.002%View All Institutional Transactions Should I Buy Sun Life Financial Stock? SLF Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Sun Life Financial Inc.: Sun Life Financial Inc. has a market capitalization of $27.64 billion, indicating a strong position in the market. The company recently increased its quarterly dividend from $0.58 to $0.588, showing a commitment to rewarding shareholders. Analysts forecast Sun Life Financial Inc. to post 4.88 EPS for the current year, indicating potential growth and profitability. Recent analyst reports have upgraded Sun Life Financial to a "strong-buy" rating, suggesting positive sentiment from experts. The stock's 50-day moving average is $50.46, potentially signaling a good entry point for investors. Cons Investors should be bearish about investing in Sun Life Financial Inc. for these reasons: Sun Life Financial Inc. reported earnings per share of $1.11 for the quarter, missing the consensus estimate of $1.20, indicating potential challenges in meeting expectations. The company had revenue of $5.10 billion during the quarter, compared to the consensus estimate of $7.25 billion, potentially raising concerns about revenue growth. The stock's 200-day moving average is $51.84, which may indicate a longer-term downward trend. The dividend payout ratio of Sun Life Financial Inc. is currently 60.10%, which could limit future dividend growth or reinvestment in the business. Jefferies Financial Group initiated coverage on Sun Life Financial with a "buy" rating, which may not align with all investors' risk profiles or strategies. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Sun Life Financial pros and cons to contact@marketbeat.com. SLF Stock Analysis - Frequently Asked Questions How have SLF shares performed this year? Sun Life Financial's stock was trading at $51.86 at the start of the year. Since then, SLF shares have decreased by 3.8% and is now trading at $49.90. View the best growth stocks for 2024 here. How were Sun Life Financial's earnings last quarter? Sun Life Financial Inc. (NYSE:SLF) posted its quarterly earnings results on Thursday, May, 9th. The financial services provider reported $1.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.20 by $0.09. The financial services provider earned $5.10 billion during the quarter, compared to analysts' expectations of $7.25 billion. Sun Life Financial had a trailing twelve-month return on equity of 16.97% and a net margin of 8.94%. What is Dean Connor's approval rating as Sun Life Financial's CEO? 58 employees have rated Sun Life Financial Chief Executive Officer Dean Connor on Glassdoor.com. Dean Connor has an approval rating of 99% among the company's employees. This puts Dean Connor in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. Does Sun Life Financial have any subsidiaries? Sun Life Financial subsidiaries include Maxwell Health, 0936543 BC Ltd., 10458465 Canada Inc., 10458481 Canada Inc., 3060097 Nova Scotia Company, 6324983 Canada Inc., 6425411 Canada Inc., and more. Who are Sun Life Financial's major shareholders? Sun Life Financial's top institutional investors include Value Partners Investments Inc. (0.25%), QV Investors Inc. (0.21%), Cardinal Capital Management Inc. (0.15%) and Bank of New York Mellon Corp (0.10%). View institutional ownership trends. How do I buy shares of Sun Life Financial? Shares of SLF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Sun Life Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that Sun Life Financial investors own include AT&T (T), Energy Transfer (ET), Verizon Communications (VZ), Pfizer (PFE), Bank of America (BAC), Manulife Financial (MFC) and Johnson & Johnson (JNJ). This page (NYSE:SLF) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | SponsoredJ.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. 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