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DOW   31,961.86
QQQ   324.13
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DOW   31,961.86
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S&P 500   3,925.43
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NYSE:SLF

Sun Life Financial Stock Forecast, Price & News

$50.68
+0.94 (+1.89 %)
(As of 02/24/2021 12:00 AM ET)
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Today's Range
$49.49
Now: $50.68
$51.00
50-Day Range
$46.07
MA: $47.89
$50.16
52-Week Range
$24.37
Now: $50.68
$51.00
Volume2.96 million shs
Average Volume558,924 shs
Market Capitalization$29.65 billion
P/E Ratio16.78
Dividend Yield3.32%
Beta1.07
Sun Life Financial Inc., a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients worldwide. It offers life, health, dental, critical illness, and long-term care insurance products. The company also provides reinsurance products; investment counselling and portfolio management services; mutual funds and segregated funds; trust and banking services; and real estate property brokerage and appraisal services; and merchant banking services. It distributes its products through direct sales agents, managing general agents, independent general agents, financial intermediaries, broker-dealers, banks, pension and benefits consultants, and other third-party marketing organizations. The company was founded in 1871 and is headquartered in Toronto, Canada.
Sun Life Financial logo

Industry, Sector and Symbol

Industry Life insurance
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone416-979-9966
Employees23,816
Year Founded1865

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$29.90 billion
Cash Flow$4.29 per share
Book Value$28.52 per share

Profitability

Net Income$2.22 billion

Miscellaneous

Market Cap$29.65 billion
Next Earnings Date5/4/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

2.38 out of 5 stars

Finance Sector

51st out of 1,937 stocks

Life Insurance Industry

5th out of 40 stocks

Analyst Opinion: 4.3Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -
$50.68
+0.94 (+1.89 %)
(As of 02/24/2021 12:00 AM ET)
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Sun Life Financial (NYSE:SLF) Frequently Asked Questions

Is Sun Life Financial a buy right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sun Life Financial in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Sun Life Financial stock.
View analyst ratings for Sun Life Financial
or view top-rated stocks.

What stocks does MarketBeat like better than Sun Life Financial?

Wall Street analysts have given Sun Life Financial a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Sun Life Financial wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Sun Life Financial?

Sun Life Financial saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 1,070,000 shares, an increase of 73.3% from the December 31st total of 617,600 shares. Based on an average trading volume of 553,300 shares, the short-interest ratio is currently 1.9 days. Currently, 0.2% of the shares of the stock are sold short.
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 Tuesday, May 4th 2021.
View our earnings forecast for Sun Life Financial
.

How were Sun Life Financial's earnings last quarter?

Sun Life Financial Inc. (NYSE:SLF) posted its earnings results on Wednesday, February, 10th. The financial services provider reported $1.47 EPS for the quarter, topping the consensus estimate of $0.96 by $0.51. Sun Life Financial had a trailing twelve-month return on equity of 14.09% and a net margin of 6.19%. During the same period in the prior year, the company earned $1.34 EPS.
View Sun Life Financial's earnings history
.

How has Sun Life Financial's stock price been impacted by Coronavirus (COVID-19)?

Sun Life Financial's stock was trading at $36.91 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SLF shares have increased by 37.3% and is now trading at $50.68.
View which stocks have been most impacted by COVID-19
.

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 Friday, February 12th. Shareholders of record on Monday, March 1st will be given a dividend of $0.433 per share on Wednesday, March 31st. This represents a $1.73 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date of this dividend is Friday, February 26th. This is an increase from Sun Life Financial's previous quarterly dividend of $0.41.
View Sun Life Financial's dividend history
.

Is Sun Life Financial a good dividend stock?

Sun Life Financial pays an annual dividend of $1.65 per share and currently has a dividend yield of 3.32%. Sun Life Financial does not yet have a strock track record of dividend growth. The dividend payout ratio of Sun Life Financial is 42.42%. 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 40.34% 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?

12 brokers have issued 1-year target prices for Sun Life Financial's shares. Their forecasts range from $38.00 to $75.00. On average, they expect Sun Life Financial's share price to reach $64.10 in the next twelve months. This suggests a possible upside of 26.5% 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:
  • Mr. Dean Arthur Connor, Pres, CEO & Director (Age 64) (LinkedIn Profile)
  • Mr. Kevin David Strain C.A., CPA, Exec. VP & CFO (Age 55)
  • Mr. Stephen Clarkson Peacher CFA, Pres of SLC Management (Age 57)
  • Mr. Daniel Richard Fishbein, Pres of Sun Life Financial - United States (LinkedIn Profile)
  • Mr. Jacques Goulet Jr., Pres of Sun Life Financial Canada (LinkedIn Profile)
  • Ms. Laura Ann Money, Exec. VP & Chief Information Officer
  • Ms. Leigh Chalmers, Sr. VP, Head of Investor Relations & Capital Management
  • Mr. Paul O. Petrelli, Chief Compliance Officer & Sr. VP
  • Ms. Melissa Jane Kennedy, Exec. VP and Chief Legal Officer & Public Affairs (LinkedIn Profile)
  • Ms. Helena Janina Pagano, Exec. VP and Chief HR & Communications Officer (LinkedIn Profile)

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?

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 retail and institutional investors. Top institutional investors include FIL Ltd (2.46%), Price T Rowe Associates Inc. MD (2.26%), Beutel Goodman & Co Ltd. (2.21%), Mackenzie Financial Corp (1.10%), The Manufacturers Life Insurance Company (1.06%) and Toronto Dominion Bank (0.83%).

Which institutional investors are selling Sun Life Financial stock?

SLF stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, Mackenzie Financial Corp, Canada Pension Plan Investment Board, Public Sector Pension Investment Board, Beutel Goodman & Co Ltd., Lincluden Management Ltd., Janus Henderson Group PLC, and Letko Brosseau & Associates Inc..

Which institutional investors are buying Sun Life Financial stock?

SLF stock was acquired by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Price T Rowe Associates Inc. MD, AGF Investments Inc., Morgan Stanley, Intact Investment Management Inc., Renaissance Technologies LLC, Clark Capital Management Group Inc., and Korea Investment CORP.

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 $50.68.

How much money does Sun Life Financial make?

Sun Life Financial has a market capitalization of $29.65 billion and generates $29.90 billion in revenue each year. The financial services provider earns $2.22 billion in net income (profit) each year or $3.89 on an earnings per share basis.

How many employees does Sun Life Financial have?

Sun Life Financial employs 23,816 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 or via email at [email protected]


This page was last updated on 2/25/2021 by MarketBeat.com Staff

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