NYSE:SLFSun Life Financial Stock Price, Forecast & News

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 shares have decreased by 6.8% and is now trading at $34.40. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sun Life Financial in the last year. There are currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Sun Life Financial.

Sun Life Financial is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Sun Life Financial.

Sun Life Financial Inc (NYSE:SLF) released its quarterly earnings data on Tuesday, May, 5th. The financial services provider reported $1.31 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.52. The financial services provider earned $4.82 billion during the quarter. Sun Life Financial had a net margin of 7.01% and a return on equity of 13.77%. During the same quarter in the previous year, the company posted $1.20 EPS. View Sun Life Financial's earnings history.

Sun Life Financial announced a quarterly dividend on Tuesday, May 5th. Investors of record on Wednesday, May 27th will be given a dividend of $0.394 per share on Tuesday, June 30th. This represents a $1.58 annualized dividend and a yield of 4.58%. The ex-dividend date is Tuesday, May 26th. View Sun Life Financial's dividend history.

12 analysts have issued 12 month target prices for Sun Life Financial's shares. Their forecasts range from $38.00 to $72.00. On average, they anticipate Sun Life Financial's share price to reach $56.00 in the next year. This suggests a possible upside of 62.8% from the stock's current price. View analysts' price targets for Sun Life Financial.

News headlines about SLF stock have trended negative recently, according to InfoTrie. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sun Life Financial earned a news sentiment score of -2.5 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutSun Life Financial.

Sun Life Financial saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,560,000 shares, a decrease of 9.3% from the April 30th total of 1,720,000 shares. Based on an average trading volume of 953,100 shares, the short-interest ratio is currently 1.6 days. Currently, 0.3% of the company's stock are sold short. View Sun Life Financial's Current Options Chain.

Some companies that are related to Sun Life Financial include China Life Insurance (LFC), AXA (AXAHY), Prudential Public (PUK), Metlife (MET), Prudential Financial (PRU), Manulife Financial (MFC), SWISS RE LTD/S (SSREY), HANNOVER RUECK/S (HVRRY), Legal & General Group (LGEN), AVIVA PLC/ADR (AVVIY), SONY FINL HOLDI/ADR (SNYFY), Globe Life (GL), Lincoln National (LNC), AEGON (AEG) and Voya Financial (VOYA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sun Life Financial investors own include Energy Transfer LP Unit (ET), AT&T (T), Manulife Financial (MFC), Ford Motor (F), Pfizer (PFE), Verizon Communications (VZ), Bank of America (BAC), BCE (BCE), Bank of Nova Scotia (BNS) and Blackstone Group (BX).

Sun Life Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "SLF."

Sun Life Financial's stock is owned by a number of retail and institutional investors. Top institutional investors include Mackenzie Financial Corp (1.25%), CIBC World Markets Inc. (1.02%), The Manufacturers Life Insurance Company (0.92%), Acadian Asset Management LLC (0.86%), 1832 Asset Management L.P. (0.85%) and 1832 Asset Management L.P. (0.83%).

SLF stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Cardinal Capital Management Inc., Toronto Dominion Bank, APG Asset Management N.V., Connor Clark & Lunn Investment Management Ltd., 1832 Asset Management L.P., Deutsche Bank AG, and Skandinaviska Enskilda Banken AB publ .

SLF stock was acquired by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, AGF Investments Inc., Grantham Mayo Van Otterloo & Co. LLC, QV Investors Inc., The Manufacturers Life Insurance Company , Mackenzie Financial Corp, Schroder Investment Management Group, and First Trust Advisors LP.

Shares of SLF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of SLF stock can currently be purchased for approximately $34.40.

Sun Life Financial has a market capitalization of $20.11 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. Sun Life Financial employs 22,719 workers across the globe.

The official website for Sun Life Financial is www.sunlife.com.

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]