NYSE:SLF

Sun Life Financial Stock Forecast, Price & News

$39.75

+0.07 (+0.18 %)

(As of 09/24/2020 12:00 AM ET)

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Today's Range

$39.27

Now: $39.75▼

$40.01

50-Day Range

$39.68

MA: $41.94▼

$43.34

52-Week Range

$24.37

Now: $39.75▼

$50.13

Volume492,837 shs

Average Volume712,614 shs

Market Capitalization$26.91 billion

P/E Ratio13.57

Dividend Yield4.13%

Beta1.05

Sun Life Financial Inc., a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients worldwide. The company operates through five segments: Sun Life Financial Canada, Sun Life Financial United States, Sun Life Financial Asset Management, Sun Life Financial Asia, and Corporate. It offers life, health, wellness, disability, critical illness, stop-loss, and long-term care insurance products. The company also provides mutual funds, segregated funds, annuities, and guaranteed investment products; and financial and retirement planning services, as well as pooled funds, institutional portfolios, and pension funds. 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 1999 and is headquartered in Toronto, Canada.

Beat the Market (BTM) Rank^™

4.2 Analyst's Opinion

Consensus Rating
Sun Life Financial has received a consensus rating of Hold. The company's average rating score is 2.42, and is based on 6 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $56.90, Sun Life Financial has a forecasted upside of 43.1% from its current price of $39.75.
Amount of Analyst Coverage
Sun Life Financial has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.4 Community Rank

Outperform Votes
Sun Life Financial has received 455 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Sun Life Financial has received 490 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Sun Life Financial has received 51.85% “underperform” 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 4.13%, 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 42.16%. 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 40.49% next year. This indicates that Sun Life Financial will be able to sustain or increase its dividend.

1.0 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
43.91% 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.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Sun Life Financial are expected to grow by 8.87% in the coming year, from $3.72 to $4.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sun Life Financial is 13.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.99.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sun Life Financial is 13.57, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 16.62.
Price to Earnings Growth Ratio
Sun Life Financial has a PEG Ratio of 1.25. 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 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.56 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Life insurance

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:SLF

Previous Symbol

CUSIPN/A

CIK1097362

Webwww.sunlife.com

Phone416-979-9966

Debt

Debt-to-Equity Ratio0.22

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio13.57

Forward P/E Ratio10.69

P/E Growth1.25

Sales & Book Value

Annual Sales$29.90 billion

Price / Sales0.90

Cash Flow$3.85 per share

Price / Cash Flow10.33

Book Value$28.52 per share

Price / Book1.39

Profitability

EPS (Most Recent Fiscal Year)$3.89

Net Income$2.22 billion

Net Margins6.03%

Return on Equity13.77%

Return on Assets1.07%

Miscellaneous

Employees22,719

Outstanding Shares676,959,000

Market Cap$26.91 billion

Next Earnings Date11/4/2020 (Estimated)

OptionableOptionable

$39.75

+0.07 (+0.18 %)

(As of 09/24/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Sun Life Financial (NYSE:SLF) Frequently Asked Questions

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

Sun Life Financial's stock was trading at $36.91 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SLF shares have increased by 7.7% and is now trading at $39.75.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Sun Life Financial?

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, 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Sun Life Financial.

When is Sun Life Financial's next earnings date?

Sun Life Financial is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Sun Life Financial.

How were Sun Life Financial's earnings last quarter?

Sun Life Financial Inc (NYSE:SLF) announced its quarterly earnings data on Thursday, August, 6th. The financial services provider reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.09. The financial services provider had revenue of $10.96 billion for the quarter. Sun Life Financial had a return on equity of 13.77% and a net margin of 6.03%. During the same period last year, the business earned $1.24 EPS.
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 declared a quarterly dividend on Thursday, August 6th. Stockholders of record on Wednesday, August 26th will be paid a dividend of $0.41 per share on Wednesday, September 30th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date of this dividend is Tuesday, August 25th. This is a boost from Sun Life Financial's previous quarterly dividend of $0.39.
View Sun Life Financial's dividend history.

What price target have analysts set for SLF?

12 brokerages have issued 1-year price targets for Sun Life Financial's shares. Their forecasts range from $38.00 to $72.00. On average, they expect Sun Life Financial's stock price to reach $56.90 in the next year. This suggests a possible upside of 43.1% from the stock's current price.
View analysts' price targets for Sun Life Financial.

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

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

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 62)
Mr. Kevin David Strain C.A., CPA, Exec. VP & CFO (Age 53)
Mr. Stephen Clarkson Peacher CFA, Pres of Sun Life Investment Management (Age 55)
Mr. Daniel Richard Fishbein, Pres of Sun Life Financial - United States
Mr. Jacques Goulet, Pres of Sun Life Financial Canada

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 a number of retail and institutional investors. Top institutional investors include TD Asset Management Inc. (3.09%), Vanguard Group Inc. (3.06%), FIL Ltd (2.58%), Bank of Nova Scotia (1.58%), FMR LLC (1.10%) and Great West Life Assurance Co. Can (1.05%).

Which institutional investors are selling Sun Life Financial stock?

SLF stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Goldman Sachs Group Inc., TD Asset Management Inc., Grantham Mayo Van Otterloo & Co. LLC, Vanguard Group Inc., Letko Brosseau & Associates Inc., Alberta Investment Management Corp, and APG Asset Management N.V..

Which institutional investors are buying Sun Life Financial stock?

SLF stock was purchased by a variety of institutional investors in the last quarter, including BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, FIL Ltd, Montrusco Bolton Investments Inc., MUFG Securities EMEA plc, FMR LLC, Toronto Dominion Bank, CIBC Asset Management Inc, and Value Partners Investments Inc..

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Sun Life Financial's stock price today?

One share of SLF stock can currently be purchased for approximately $39.75.

How big of a company is Sun Life Financial?

Sun Life Financial has a market capitalization of $26.91 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.

What is Sun Life Financial's official website?

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

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 9/24/2020 by MarketBeat.com Staff

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