NYSE:SLF

Sun Life Financial Stock Forecast, Price & News

$57.50

-0.09 (-0.16%)

(As of 01/14/2022 12:00 AM ET)

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Today's Range: $57.01
▼
$57.79
50-Day Range: $52.64
▼
$57.59
52-Week Range: $45.84
▼
$57.93

Volume: 523,969 shs
Average Volume: 664,990 shs
Market Capitalization: $33.70 billion

P/E Ratio: 11.86
Dividend Yield: 3.70%
Beta: 1.04

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About Sun Life Financial

Sun Life Financial, Inc. operates as a holding company. The firm engages in the provision of financial services. It operates through the following segments: Sun Life Financial Canada, Sun Life Financial United States, Sun Life Financial Asset Management, Sun Life Financial Asia, and Corporate. The Sun Life Financial Canada segment offers individual insurance and wealth, and group benefits and retirement services. The Sun Life Financial United States segment consists of group benefits, international and in-force management services. The Sun Life Financial Asset Management segment focuses on the design and delivers investment products through MFS investment management, and Sun Life investment management. The Sun Life Financial Asia segment comprises of Philippines, Hong Kong, Indonesia, Vietnam, Malaysia, India, and China markets. The Corporate segment represents United Kingdom business unit and corporate support operations, which include run-off reinsurance operations as well as investment income, expenses, capital, and other items. The company was founded on March 18, 1865 and is headquartered in Toronto, Canada.

The 3 Best Dividend Stocks to Buy Today
January 14, 2022 | ca.finance.yahoo.com

Sun Life Financial, Inc. Shares Approach 52-Week High - Market Mover
January 14, 2022 | nasdaq.com

FY2021 Earnings Estimate for Sun Life Financial Inc. Issued By National Bank Financial (NYSE:SLF)
January 14, 2022 | americanbankingnews.com

Analysts Expect Sun Life Financial Inc. (NYSE:SLF) Will Post Earnings of $1.23 Per Share
January 8, 2022 | americanbankingnews.com

Here's Why Hold is an Apt Strategy for Sun Life (SLF) Stock
January 6, 2022 | finance.yahoo.com

Sun Life partners with Teledentistry.com to bring 24/7 dental provider access to members
January 5, 2022 | finance.yahoo.com

Sun Life Financial Inc. redeems Class A Non-Cumulative Rate Reset Preferred Shares Series 12R
December 31, 2021 | finance.yahoo.com

3 Canadian Stocks to Buy and Hold for 10 Years
December 23, 2021 | ca.finance.yahoo.com

Sun Life Financial Inc.'s (TSE:SLF) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
December 20, 2021 | finance.yahoo.com

Sun Life announces Sun Life Link to create a better benefits experience through enhanced digital connectivity
December 16, 2021 | finance.yahoo.com

Canadian Premier enters agreement with Sun Life to grow association, affinity, and group creditor business
December 13, 2021 | finance.yahoo.com

Sun Life Financial Chair Bill Anderson To Retire
December 9, 2021 | nasdaq.com

Joint Statement by Canadian Banks and Life Insurance Companies Regarding Annual Meetings in 2022
December 6, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Life insurance
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:SLF
Previous Symbol
CUSIP: N/A
CIK: 1097362
Web: www.sunlife.com
Phone: (416) 979-9966
Fax: 416-979-3209
Employees: 40,600
Year Founded: 1865

Sales & Book Value

Annual Sales: $32.35 billion
Price / Sales: 1.04
Cash Flow: $3.64 per share
Price / Cash Flow: 15.78
Book Value: $26.02 per share
Price / Book: 2.21

Profitability

EPS (Most Recent Fiscal Year): $4.85
Net Income: $2.08 billion
Net Margins: 10.69%
Pretax Margin: 13.80%
Return on Equity: 14.10%
Return on Assets: 1.10%

Debt

Debt-to-Equity Ratio: 0.18
Current Ratio: N/A
Quick Ratio: N/A

Price-To-Earnings

Trailing P/E Ratio: 11.86
Forward P/E Ratio: 12.16
P/E Growth: 1.24

Miscellaneous

Outstanding Shares: 586,014,000
Free Float: N/A
Market Cap: $33.70 billion
Optionable: Optionable

Company Calendar

Last Earnings: 11/03/2021
Ex-Dividend for 12/31 Dividend: 11/23/2021
Dividend Payable: 12/31/2021
Today: 1/17/2022
Next Earnings (Confirmed): 2/09/2022
Fiscal Year End: 12/31/2022

Social Links

MarketRank^™

Overall MarketRank^™

2.88 out of 5 stars

Finance Sector

87th out of 1,349 stocks

Life Insurance Industry

8th out of 29 stocks

3.3 Analyst's Opinion

Consensus Rating
Sun Life Financial has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 6 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $74.13, Sun Life Financial has a forecasted upside of 28.9% from its current price of $57.50.
Amount of Analyst Coverage
Sun Life Financial has only been the subject of 3 research reports in the past 90 days.

4.4 Community Rank

Outperform Votes
Sun Life Financial has received 481 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Sun Life Financial has received 258 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Sun Life Financial has received 65.09% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Sun Life Financial and other stocks. Vote “Outperform” if you believe SLF will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SLF will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Sun Life Financial is a leading dividend payer. It pays a dividend yield of 3.70%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Sun Life Financial has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Sun Life Financial is 43.92%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Sun Life Financial will have a dividend payout ratio of 41.44% next year. This indicates that Sun Life Financial will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sun Life Financial insiders have not sold or bought any company stock.
Percentage Held by Institutions
46.88% 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.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Sun Life Financial are expected to grow by 8.67% in the coming year, from $4.73 to $5.14 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sun Life Financial is 11.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.86.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sun Life Financial is 11.86, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 12.79.
Price to Earnings Growth Ratio
Sun Life Financial has a PEG Ratio of 1.24. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Sun Life Financial has a P/B Ratio of 2.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Sun Life Financial (NYSE:SLF) Frequently Asked Questions

Is Sun Life Financial a buy right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sun Life Financial in the last twelve months. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Sun Life Financial stock.
View analyst ratings for Sun Life Financial or view top-rated stocks.
How has Sun Life Financial's stock been impacted by Coronavirus?: Sun Life Financial's stock was trading at $36.91 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SLF stock has increased by 55.8% and is now trading at $57.50.
View which stocks have been most impacted by COVID-19.
Are investors shorting Sun Life Financial?: Sun Life Financial saw a drop in short interest in December. As of December 31st, there was short interest totaling 4,050,000 shares, a drop of 24.2% from the December 15th total of 5,340,000 shares. Based on an average daily trading volume, of 738,800 shares, the short-interest ratio is presently 5.5 days. Currently, 0.7% of the company's shares are short sold.
View Sun Life Financial's Short Interest.
When is Sun Life Financial's next earnings date?: Sun Life Financial is scheduled to release its next quarterly earnings announcement on Wednesday, February 9th 2022.
View our earnings forecast for Sun Life Financial.
How can I listen to Sun Life Financial's earnings call?: Sun Life Financial will be holding an earnings conference call on Thursday, February 10th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "6304629".
How were Sun Life Financial's earnings last quarter?: Sun Life Financial Inc. (NYSE:SLF) issued its quarterly earnings data on Wednesday, November, 3rd. The financial services provider reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.03. The financial services provider earned $6.76 billion during the quarter. Sun Life Financial had a trailing twelve-month return on equity of 14.10% and a net margin of 10.69%.
View Sun Life Financial's earnings history.
How often does Sun Life Financial pay dividends? What is the dividend yield for Sun Life Financial?: Sun Life Financial announced a quarterly dividend on Wednesday, November 3rd. Investors of record on Wednesday, November 24th will be paid a dividend of $0.444 per share on Friday, December 31st. This represents a $1.78 dividend on an annualized basis and a yield of 3.09%. The ex-dividend date of this dividend is Tuesday, November 23rd. This is a boost from Sun Life Financial's previous quarterly dividend of $0.44.
View Sun Life Financial's dividend history.
Is Sun Life Financial a good dividend stock?: Sun Life Financial pays an annual dividend of $2.13 per share and currently has a dividend yield of 3.70%. Sun Life Financial does not yet have a strong track record of dividend growth. The dividend payout ratio of Sun Life Financial is 43.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sun Life Financial will have a dividend payout ratio of 41.44% next year. This indicates that Sun Life Financial will be able to sustain or increase its dividend.
View Sun Life Financial's dividend history.
What price target have analysts set for SLF?: 8 analysts have issued twelve-month price targets for Sun Life Financial's shares. Their forecasts range from $64.00 to $81.00. On average, they anticipate Sun Life Financial's share price to reach $74.13 in the next twelve months. This suggests a possible upside of 28.9% from the stock's current price.
View analysts' price targets for Sun Life Financial or view top-rated stocks among Wall Street analysts.
Who are Sun Life Financial's key executives?: Sun Life Financial's management team includes the following people:
Kevin D. Strain, President, Chief Executive Officer & Director
Manjit Singh, Chief Financial Officer & Executive Vice President
Laura Money, Chief Information Officer & EVP
Kent Savage, Chief Compliance Officer & Senior Vice President
Colm J. Freyne, Chief Risk Officer & Executive Vice President
What is Dean Connor's approval rating as Sun Life Financial's CEO?: 58 employees have rated Sun Life Financial CEO Dean Connor on Glassdoor.com. Dean Connor has an approval rating of 99% among Sun Life Financial's employees. This puts Dean Connor in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
Who are some of Sun Life Financial's key competitors?: Some companies that are related to Sun Life Financial include AIA Group (AAGIY), AXA (AXAHY), MetLife (MET), Prudential (PUK), China Life Insurance (LFC), Prudential Financial (PRU), Manulife Financial (MFC), Swiss Re (SSREY), Aviva (AVVIY), Legal & General Group (LGEN), Athene (ATH), Aegon (AEG), Lincoln National (LNC), Globe Life (GL) and Sony Financial (SNYFY).
View all of SLF's competitors.
What other stocks do shareholders of Sun Life Financial own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Sun Life Financial investors own include AT&T (T), Energy Transfer (ET), Verizon Communications (VZ), Pfizer (PFE), Bank of America (BAC), Manulife Financial (MFC), Johnson & Johnson (JNJ), Ford Motor (F), Intel (INTC) and Altria Group (MO).
What is Sun Life Financial's stock symbol?: Sun Life Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "SLF."
Who are Sun Life Financial's major shareholders?: Sun Life Financial's stock is owned by many different institutional and retail investors. Top institutional investors include Value Partners Investments Inc. (0.22%), Crossmark Global Holdings Inc. (0.01%), Addenda Capital Inc. (0.00%), Woodstock Corp (0.00%), Vigilant Capital Management LLC (0.00%) and Pacifica Partners Inc. (0.00%).
View institutional ownership trends for Sun Life Financial.
Which major investors are selling Sun Life Financial stock?: SLF stock was sold by a variety of institutional investors in the last quarter, including Addenda Capital Inc..
View insider buying and selling activity for Sun Life Financial or view top insider-selling stocks.
Which major investors are buying Sun Life Financial stock?: SLF stock was bought by a variety of institutional investors in the last quarter, including Woodstock Corp, Crossmark Global Holdings Inc., Value Partners Investments Inc., Vigilant Capital Management LLC, and Pacifica Partners Inc..
View insider buying and selling activity for Sun Life Financial or or view top insider-buying stocks.
How do I buy shares of Sun Life Financial?: Shares of SLF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Sun Life Financial's stock price today?: One share of SLF stock can currently be purchased for approximately $57.50.
How much money does Sun Life Financial make?: Sun Life Financial has a market capitalization of $33.70 billion and generates $32.35 billion in revenue each year. The financial services provider earns $2.08 billion in net income (profit) each year or $4.85 on an earnings per share basis.
How many employees does Sun Life Financial have?: Sun Life Financial employs 40,600 workers across the globe.
Does Sun Life Financial have any subsidiaries?: The following companies are subsidiares of Sun Life Financial: 0936543 BC Ltd., 10458465 Canada Inc., 10458481 Canada Inc., 3060097 Nova Scotia Company, 6324983 Canada Inc., 6425411 Canada Inc., 6965083 Canada Inc., 7037457 Canada Inc., 7647913 Canada Inc., 7647930 Canada Inc., Aditya Birla Sun Life AMC Limited, Aditya Birla Sun Life Insurance Company Limited, Annemasse Boisbriand Holdings L.P., BK Canada Holdings Inc., BK Prime GP Holdco Inc., BKC Capital Inc., BKCB Services Ltd., BKCG Services Ltd., BKCP Residential G.P. LTD., BKCP Residential Limited Partnership Manitoba, BKCP Retail G.P. LTD., BKCP Retail Limited Partnership Manitoba, BKCP SS G.P. LTD., BKCP SS Limited Partnership Manitoba, BKUS Institutional Logistics Coinvestment LLC California, Barnwood Properties Limited, Bentall Kennedy (Canada) G.P. Ltd., Bentall Kennedy (Canada) Limited Partnership, Bentall Kennedy (U.S.) G.P. LLC, Bentall Kennedy (U.S.) Limited Partnership, Bentall Kennedy Holdings LLC, Bentall Kennedy Luxembourg Holdings Ltd., Bentall Property Services (Ontario) Ltd., BestServe Financial Limited, Country Lane Enterprises Ltd., Dental Health Alliance, Denticare of Alabama, Disability Reinsurance Management Services, Independence Life and Annuity Company, Kennedy Management Investors LLC, Landmark Dental Alliance, Laurtrust Limited, MFS Bermuda Holdings Ltd., MFS Development Funds, MFS Exchange LLC, MFS Financial Management Consulting (Shanghai) Co, MFS Fund Distributors, MFS Heritage Trust Company, MFS Institutional Advisors, MFS International (Chile) SpA, MFS International (Hong Kong) Limited, MFS International (U.K.) Limited, MFS International Australia Pty Ltd Victoria, MFS International Holdings Pty Ltd, MFS International Ltd., MFS International Singapore Pte. Ltd., MFS International Switzerland GmbH, MFS Investment Management Canada Limited, MFS Investment Management Company (LUX) S.a.r.l., MFS Investment Management K.K., MFS Service Center, MFS do Brasil Desenvolvimento de Mercado Ltda., Massachusetts Financial Services Company, Maxwell Health, NewTower Management GP LLC, NewTower Management LLC, NewTower Trust Company, PT. Sun Life Financial, PT. Sun Life Indonesia Services, Prime Advisors, Professional Insurance Company Texas, Rushmore Partners LLC, Ryan Labs Asset Management Inc., Ryan Labs Fund Management, Ryan Labs TIPS Partners, SL Finance 2007-1, SL Investment 2007-1 ULC, SL Investment US-RE Holdings 2009-1, SLF of Canada UK Limited, SLFC Services Company (UK) Limited, SLI General Partner Limited, SLI Investments LP Manitoba, Solidify Software, Sun 521, Sun Canada Financial Co., Sun Life (India) AMC Investments Inc., Sun Life (India) Distribution Investments Inc., Sun Life (Luxembourg) Finance No. 1 Sarl, Sun Life (Luxembourg) Finance No. 2 Sarl, Sun Life 2007-1 Financing Corp., Sun Life Administrators (U.S.), Sun Life Asset Management (HK) Limited, Sun Life Asset Management Company, Sun Life Assurance Company of Canada, Sun Life Assurance Company of Canada (Barbados) Limited, Sun Life Assurance Company of Canada (U.K.) Limited, Sun Life Assurance Company of Canada - U.S. Operations Holdings, Sun Life Capital Trust, Sun Life Capital Trust II, Sun Life Everbright Life Insurance Company Limited Tianjin, Sun Life Financial (Bermuda) Reinsurance Ltd., Sun Life Financial (India) Insurance Investments Inc., Sun Life Financial (Japan), Sun Life Financial (U.S.) Finance, Sun Life Financial (U.S.) Finance, Sun Life Financial (U.S.) Holdings, Sun Life Financial (U.S.) Investments LLC, Sun Life Financial (U.S.) Reinsurance Company, Sun Life Financial (U.S.) Reinsurance Company II, Sun Life Financial (U.S.) Services Company, Sun Life Financial Advisory Inc., Sun Life Financial Asia Services Limited, Sun Life Financial Distributors, Sun Life Financial Distributors (Bermuda) Ltd., Sun Life Financial Distributors (Canada) Inc., Sun Life Financial Holdings (HK) Limited, Sun Life Financial International Holdings (MC), Sun Life Financial Investment Services (Canada) Inc., Sun Life Financial Investments (Bermuda) Ltd., Sun Life Financial Philippine Holding Company, Sun Life Financial Plans, Sun Life Financial Trust Inc., Sun Life Financial of Canada (U.K.) Overseas Investments Limited, Sun Life Global Investments (Canada) Inc., Sun Life Global Investments Inc., Sun Life Grepa Financial, Sun Life Hong Kong Limited, Sun Life Hong Kong Services Limited, Sun Life India Service Centre Private Limited, Sun Life Information Services, Sun Life Information Services Ireland Limited, Sun Life Institutional Distributors (U.S.) LLC, Sun Life Institutional Investments (Canada) Inc., Sun Life Institutional Investments (U.S.) LLC, Sun Life Insurance (Canada) Limited, Sun Life Investment Holdings (HK) Limited, Sun Life Investment Management U.S., Sun Life Investments LLC, Sun Life Malaysia Assurance Berhad, Sun Life Malaysia Takaful Berhad, Sun Life Management Holdings (HK) Limited, Sun Life Pension Trust Limited, Sun Life Trustee Company Limited, Sun Life Vietnam Insurance Company Limited, Sun Life and Health Insurance Company (U.S.), Sun Life of Canada (Netherlands) B.V., Sun Life of Canada (Philippines), Sun Life of Canada (U.S.) Financial Services Holdings, Sun Life of Canada (U.S.) Holdings, Sun Life of Canada International Assurance Limited, Sun Life of Canada UK Holdings Limited, SynchroSERV Inc., SynchroSERV Limited Partnership, The Premier Dental Group, UDC Dental, Union Security DentalCare of Georgia, Union Security DentalCare of New Jersey, United Dental Care of Arizona, United Dental Care of Colorado, United Dental Care of Michigan, United Dental Care of Missouri, United Dental Care of New Mexico, United Dental Care of Texas, United Dental Care of Utah, and Vuzion.
When was Sun Life Financial founded?: Sun Life Financial was founded in 1865.
What is Sun Life Financial's official website?: The official website for Sun Life Financial is www.sunlife.com.
Where are Sun Life Financial's headquarters?: Sun Life Financial is headquartered at 1 YORK STREET 31ST FLOOR, TORONTO A6, M5J 0B6.
How can I contact Sun Life Financial?: Sun Life Financial's mailing address is 1 YORK STREET 31ST FLOOR, TORONTO A6, M5J 0B6. The financial services provider can be reached via phone at (416) 979-9966, via email at [email protected], or via fax at 416-979-3209.

This page was last updated on 1/17/2022 by MarketBeat.com Staff

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Sun Life Financial Stock Forecast, Price & News

About Sun Life Financial

Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Company Calendar

Social Links

MarketRank™

Overall MarketRank™

3.3 Analyst's Opinion

4.4 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

3.3 Dividend Strength

0.8 Company Ownership

2.5 Earnings and Valuation

Sun Life Financial (NYSE:SLF) Frequently Asked Questions

Is Sun Life Financial a buy right now?

How has Sun Life Financial's stock been impacted by Coronavirus?

Are investors shorting Sun Life Financial?

When is Sun Life Financial's next earnings date?

How can I listen to Sun Life Financial's earnings call?

How were Sun Life Financial's earnings last quarter?

How often does Sun Life Financial pay dividends? What is the dividend yield for Sun Life Financial?

Is Sun Life Financial a good dividend stock?

What price target have analysts set for SLF?

Who are Sun Life Financial's key executives?

What is Dean Connor's approval rating as Sun Life Financial's CEO?

Who are some of Sun Life Financial's key competitors?

What other stocks do shareholders of Sun Life Financial own?

What is Sun Life Financial's stock symbol?

Who are Sun Life Financial's major shareholders?

Which major investors are selling Sun Life Financial stock?

Which major investors are buying Sun Life Financial stock?

How do I buy shares of Sun Life Financial?

What is Sun Life Financial's stock price today?

How much money does Sun Life Financial make?

How many employees does Sun Life Financial have?

Does Sun Life Financial have any subsidiaries?

When was Sun Life Financial founded?

What is Sun Life Financial's official website?

Where are Sun Life Financial's headquarters?

How can I contact Sun Life Financial?

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