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NYSE:SLF

Sun Life Financial - SLF Stock Forecast, Price & News

$49.87
+0.85 (+1.73%)
(As of 01/26/2023 12:00 AM ET)
Add
Compare
Today's Range
$49.26
▼
$49.94
50-Day Range
$45.34
▼
$49.87
52-Week Range
$37.96
▼
$58.49
Volume
372,990 shs
Average Volume
410,531 shs
Market Capitalization
$29.24 billion
P/E Ratio
11.71
Dividend Yield
4.30%
Price Target
$68.75

Sun Life Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
39.3% Upside
$69.44 Price Target
Short Interest
Healthy
0.45% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.56
Upright™ Environmental Score
News Sentiment
0.62mentions of Sun Life Financial in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.77%
From $4.53 to $4.61 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.72 out of 5 stars

Finance Sector

112th out of 891 stocks

Life Insurance Industry

5th out of 20 stocks

See Top Rated MarketRank™ Stocks Here

SLF stock logo

About Sun Life Financial (NYSE:SLF) Stock

Sun Life Financial Inc., a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients worldwide. It offers term and permanent life, as well as personal health, dental, critical illness, long-term care, and disability insurance products. The company also provides reinsurance products; investment counselling and portfolio management services; mutual funds and segregated funds; trust and banking services; real estate property brokerage and appraisal services; and merchant banking services. It distributes its products through direct sales agents, managing and 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.

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SLF Stock News Headlines

January 26, 2023 | americanbankingnews.com
Sun Life Financial (NYSE:SLF) versus China Life Insurance (NYSE:LFCHY) Financial Comparison
January 26, 2023 | americanbankingnews.com
Sun Life Financial (NYSE:SLF) Price Target Increased to C$69.00 by Analysts at National Bank Financial
January 26, 2023 | Porter & Company (Ad)
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
January 26, 2023 | americanbankingnews.com
Sun Life Financial (NYSE:SLF) Price Target Raised to C$71.00 at CIBC
January 26, 2023 | americanbankingnews.com
FY2022 EPS Estimates for Sun Life Financial Inc. Lifted by Cormark (NYSE:SLF)
January 25, 2023 | americanbankingnews.com
Sun Life Financial Inc. Expected to Earn FY2022 Earnings of $4.54 Per Share (NYSE:SLF)
January 20, 2023 | finance.yahoo.com
Dah Sing Bank and Sun Life Join Forces in 15-Year Exclusive Bancassurance Partnership in Hong Kong
January 20, 2023 | finance.yahoo.com
Canadian insurer Sun Life inks $193 mln deal with HK's Dah Sing
January 26, 2023 | Porter & Company (Ad)
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
January 20, 2023 | finance.yahoo.com
Canadian insurer Sun Life inks $193 million deal with HK's Dah Sing
January 20, 2023 | reuters.com
Canada's Sun Life clinches $192 mln bancassurance deal with Dah Sing Bank
January 20, 2023 | finance.yahoo.com
Canada's Sun Life clinches $192 million bancassurance deal with Dah Sing Bank
January 20, 2023 | finance.yahoo.com
UPDATE 1-Canada's Sun Life clinches $192 mln bancassurance deal with Dah Sing Bank
January 19, 2023 | finance.yahoo.com
Sun Life Nears Insurance Deal With Hong Kong’s Dah Sing
January 18, 2023 | msn.com
Will Investors Notice Exciting Sign On Sun Life Finl's Chart?
January 17, 2023 | finance.yahoo.com
Sun Life and DentaQuest donate $100,000 to Embrace Boston
December 23, 2022 | wsj.com
Sun Life Financial Inc. Cl A Pfd. Series 4
December 14, 2022 | seekingalpha.com
Sun Life Financial: Trading At A 42% Discount
December 14, 2022 | finance.yahoo.com
With 52% ownership, Sun Life Financial Inc. (TSE:SLF) boasts of strong institutional backing
December 14, 2022 | finance.yahoo.com
Sun Life receives Delta Award recognizing top-tier client experience initiatives
December 6, 2022 | finance.yahoo.com
New family-building & inclusive benefits coverage supports Sun Life employees and their families
December 5, 2022 | finance.yahoo.com
Sun Life and the Boston Celtics close out the 9th annual #SunLifeDunk4Diabetes campaign with $155,000 donation to YMCA of Greater Boston
December 1, 2022 | finance.yahoo.com
SLGI Asset Management Inc. announces changes to Sun Life Money Market Class
December 1, 2022 | finance.yahoo.com
Sun Life receives Boston Globe Top Places to Work recognition for 5th consecutive year
November 28, 2022 | finance.yahoo.com
Marie-Lucie Morin Is The Independent Corporate Director of Sun Life Financial Inc. (TSE:SLF) And Just Spent CA$75k On Shares
November 24, 2022 | finance.yahoo.com
Parents-to-be receive additional support with Family Building Program through their group benefits plan
November 24, 2022 | finance.yahoo.com
Sun Life redeems Series 2017-1 Subordinated Unsecured 2.75% Fixed/Floating Debentures
See More Headlines
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SLF Company Calendar

Last Earnings
11/02/2022
Ex-Dividend for 12/30 Dividend
11/22/2022
Dividend Payable
12/30/2022
Today
1/26/2023
Next Earnings (Confirmed)
2/08/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Life insurance
Sub-Industry
N/A
Sector
Finance
Current Symbol
NYSE:SLF
CUSIP
N/A
CIK
1097362
Web
www.sunlife.com
Phone
(416) 979-9966
Fax
416-979-3209
Employees
24,589
Year Founded
1865

Price Target and Rating

Average Stock Price Forecast
$69.44
High Stock Price Forecast
$75.00
Low Stock Price Forecast
$63.00
Forecasted Upside/Downside
+37.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$4.26
Trailing P/E Ratio
11.71
Forward P/E Ratio
11.01
P/E Growth
1.18
Net Income
$3.49 billion
Net Margins
13.67%
Pretax Margin
17.27%
Return on Equity
13.30%
Return on Assets
1.11%

Debt

Debt-to-Equity Ratio
0.25
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
$28.47 billion
Price / Sales
1.03
Cash Flow
$4.62 per share
Price / Cash Flow
10.80
Book Value
$32.30 per share
Price / Book
1.54

Miscellaneous

Outstanding Shares
586,388,000
Free Float
N/A
Market Cap
$29.24 billion
Optionable
Optionable
Beta
1.00

Social Links


Key Executives

  • Mr. Kevin David Strain C.A. (Age 57)
    CPA, Pres, CEO & Director
    Comp: $2.37M
  • Mr. Manjit Singh C.A.
    CPA, Exec. VP & CFO
  • Mr. Stephen Clarkson Peacher CFA (Age 59)
    Pres of SLC Management
    Comp: $2.75M
  • Mr. Daniel Richard Fishbein
    Pres of Sun Life U.S.
  • Mr. Jacques Goulet Jr. (Age 57)
    Pres of Sun Life Canada
    Comp: $1.46M
  • Ms. Leigh Chalmers
    Sr. VP and Head of Corp. Fin. & Capital Management
  • Ms. Laura Ann Money
    Exec. VP, Chief Information & Technology Innovation Officer
  • Yaniv Bitton
    VP, Head of Investor Relations & Capital Markets
  • Ms. Melissa Jane Kennedy (Age 60)
    Exec. VP and Chief Legal Officer & Public Affairs
  • Joe Hanlon
    Sr. MD & Chief Compliance Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Institutional Transactions













SLF Stock - Frequently Asked Questions

Should I buy or sell Sun Life Financial stock right now?

3 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 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SLF shares.
View SLF analyst ratings or view top-rated stocks.

What is Sun Life Financial's stock price forecast for 2023?

3 brokers have issued 12-month target prices for Sun Life Financial's shares. Their SLF share price forecasts range from $63.00 to $75.00. On average, they expect the company's share price to reach $69.44 in the next year. This suggests a possible upside of 39.3% from the stock's current price.
View analysts price targets for SLF or view top-rated stocks among Wall Street analysts.

How have SLF shares performed in 2023?

Sun Life Financial's stock was trading at $46.42 at the beginning of the year. Since then, SLF stock has increased by 7.4% and is now trading at $49.87.
View the best growth stocks for 2023 here.

Are investors shorting Sun Life Financial?

Sun Life Financial saw a drop in short interest in the month of December. As of December 30th, there was short interest totaling 2,640,000 shares, a drop of 61.7% from the December 15th total of 6,900,000 shares. Based on an average trading volume of 616,200 shares, the short-interest ratio is currently 4.3 days. Currently, 0.5% of the company's shares are short sold.
View Sun Life Financial's Short Interest.

When is Sun Life Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our SLF earnings forecast.

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

Sun Life Financial will be holding an earnings conference call on Thursday, February 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Sun Life Financial's earnings last quarter?

Sun Life Financial Inc. (NYSE:SLF) released its earnings results on Wednesday, November, 2nd. The financial services provider reported $1.24 earnings per share for the quarter, topping analysts' consensus estimates of $1.07 by $0.17. The financial services provider earned $6.62 billion during the quarter. Sun Life Financial had a trailing twelve-month return on equity of 13.30% and a net margin of 13.67%.

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 2nd. Investors of record on Wednesday, November 23rd will be given a dividend of $0.528 per share on Friday, December 30th. This represents a $2.11 dividend on an annualized basis and a yield of 4.24%. The ex-dividend date of this dividend is Tuesday, November 22nd.
Read our dividend analysis for SLF.

Is Sun Life Financial a good dividend stock?

Sun Life Financial (NYSE:SLF) pays an annual dividend of $2.11 per share and currently has a dividend yield of 4.30%. SLF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 49.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLF will have a dividend payout ratio of 45.77% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SLF.

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.

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 a variety of institutional and retail investors. Top institutional investors include National Bank of Canada FI (1.05%), Value Partners Investments Inc. (0.24%), QV Investors Inc. (0.20%), Crossmark Global Holdings Inc. (0.04%), Addenda Capital Inc. (0.02%) and Symphony Financial Ltd. Co. (0.01%).
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 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 $49.87.

How much money does Sun Life Financial make?

Sun Life Financial (NYSE:SLF) has a market capitalization of $29.24 billion and generates $28.47 billion in revenue each year. The financial services provider earns $3.49 billion in net income (profit) each year or $4.26 on an earnings per share basis.

How many employees does Sun Life Financial have?

The company employs 24,589 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.
Read More
How can I contact Sun Life Financial?

Sun Life Financial's mailing address is 1 YORK STREET 31ST FLOOR, TORONTO A6, M5J 0B6. The official website for the company is www.sunlife.com. The financial services provider can be reached via phone at (416) 979-9966, via email at investor.relations@sunlife.com, or via fax at 416-979-3209.

This page (NYSE:SLF) was last updated on 1/26/2023 by MarketBeat.com Staff