NYSE:SLF

Sun Life Financial Stock Forecast, Price & News

$48.45

-0.26 (-0.53 %)

(As of 01/21/2021 12:00 AM ET)

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Today's Range

$48.29

Now: $48.45▼

$49.05

50-Day Range

$42.87

MA: $45.26▼

$48.71

52-Week Range

$24.37

Now: $48.45▼

$50.13

Volume308,521 shs

Average Volume456,353 shs

Market Capitalization$28.34 billion

P/E Ratio16.04

Dividend Yield3.39%

Beta1.07

Sun Life Financial Inc., a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients in the United States, the United Kingdom, Canada, and internationally. 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 1871 and is headquartered in Toronto, Canada.

MarketRank^™

Overall MarketRank^™

2.37 out of 5 stars

Finance Sector

59th out of 1,942 stocks

Life Insurance Industry

6th out of 40 stocks

4.3 Analyst's Opinion

Consensus Rating
Sun Life Financial has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 7 buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $61.80, Sun Life Financial has a forecasted upside of 27.6% from its current price of $48.45.
Amount of Analyst Coverage
Sun Life Financial has been the subject of 7 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 461 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Sun Life Financial has received 498 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Sun Life Financial has received 51.93% “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.

2.5 Dividend Strength

Dividend Yield
Sun Life Financial pays a meaningful dividend of 3.39%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Sun Life Financial does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Sun Life Financial is 42.42%. 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 40.34% 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
43.56% 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 0.74% in the coming year, from $4.06 to $4.09 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sun Life Financial is 16.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.88.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sun Life Financial is 16.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.01.
Price to Earnings Growth Ratio
Sun Life Financial has a PEG Ratio of 1.30. 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 1.70. 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

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

Employees22,719

Debt

Debt-to-Equity Ratio0.19

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio16.04

Forward P/E Ratio11.93

P/E Growth1.3

Sales & Book Value

Annual Sales$29.90 billion

Price / Sales0.95

Cash Flow$4.10 per share

Price / Cash Flow11.81

Book Value$28.52 per share

Price / Book1.70

Profitability

EPS (Most Recent Fiscal Year)$3.89

Net Income$2.22 billion

Net Margins6.19%

Return on Equity14.09%

Return on Assets1.07%

Miscellaneous

Outstanding Shares584,884,000

Market Cap$28.34 billion

Next Earnings Date2/10/2021 (Estimated)

OptionableOptionable

$48.45

-0.26 (-0.53 %)

(As of 01/21/2021 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 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 (WHO). Since then, SLF stock has increased by 31.3% and is now trading at $48.45.
View which stocks have been most impacted by COVID-19.

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, 4 hold ratings and 7 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 MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Sun Life Financial?

Wall Street analysts have given Sun Life Financial a "Hold" 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.

What is Larry J. Merlo's approval rating as Sun Life Financial's CEO?

6,978 employees have rated Sun Life Financial CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among Sun Life Financial's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is Sun Life Financial's next earnings date?

Sun Life Financial is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for Sun Life Financial.

How were Sun Life Financial's earnings last quarter?

Sun Life Financial Inc. (NYSE:SLF) issued its quarterly earnings results on Wednesday, November, 4th. The financial services provider reported $1.44 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.54. The financial services provider had revenue of $7.53 billion for the quarter. Sun Life Financial had a net margin of 6.19% and a return on equity of 14.09%. During the same quarter in the prior year, the company earned $1.37 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 Wednesday, November 4th. Stockholders of record on Wednesday, November 25th will be paid a dividend of $0.413 per share on Thursday, December 31st. This represents a $1.65 annualized dividend and a yield of 3.41%. The ex-dividend date is Tuesday, November 24th. This is a boost 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 3.39%. 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 brokerages have issued 12-month price targets for Sun Life Financial's stock. Their forecasts range from $38.00 to $72.00. On average, they anticipate Sun Life Financial's share price to reach $61.80 in the next year. This suggests a possible upside of 27.6% from the stock's current price.
View analysts' price targets for Sun Life Financial or view Wall Street analyst' top-rated stocks.

Are investors shorting Sun Life Financial?

Sun Life Financial saw a decline in short interest in the month of December. As of December 31st, there was short interest totaling 349,900 shares, a decline of 48.3% from the December 15th total of 676,200 shares. Based on an average daily trading volume, of 526,100 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.1% of the shares of the stock are short sold.
View Sun Life Financial's Short Interest.

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 (PUK), MetLife (MET), Manulife Financial (MFC), Prudential Financial (PRU), Swiss Re (SSREY), Aviva (AVVIY), Legal & General Group Plc (LGEN.L) (LGEN), Aegon (AEG), Sony Financial (SNYFY), Globe Life (GL), Lincoln National (LNC), Athene (ATH) and Reinsurance Group of America (RGA).
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).

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 63)
Mr. Kevin David Strain C.A., CPA, Exec. VP & CFO (Age 54)
Mr. Stephen Clarkson Peacher CFA, Pres of SLC Management (Age 56)
Mr. Daniel Richard Fishbein, Pres of Sun Life Financial - United States
Mr. Jacques Goulet Jr., Pres of Sun Life Financial Canada
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
Ms. Helena Janina Pagano, Exec. VP and Chief HR & Communications Officer

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 shareholders include Cardinal Capital Management Inc. (0.13%), Pendal Group Limited (0.02%), Crossmark Global Holdings Inc. (0.01%), Unison Advisors LLC (0.01%), Kestra Advisory Services LLC (0.00%) and Wambolt & Associates LLC (0.00%).

Which institutional investors are selling Sun Life Financial stock?

SLF stock was sold by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., Welch & Forbes LLC, JustInvest LLC, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, and Crossmark Global Holdings Inc..

Which institutional investors are buying Sun Life Financial stock?

SLF stock was bought by a variety of institutional investors in the last quarter, including Pendal Group Limited, Kestra Advisory Services LLC, Pacer Advisors Inc., Capital City Trust Co. FL, Ritholtz Wealth Management, Johnson Midwest Financial LLC, Wambolt & Associates LLC, and Unison Advisors LLC.

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.

What is Sun Life Financial's stock price today?

One share of SLF stock can currently be purchased for approximately $48.45.

How big of a company is Sun Life Financial?

Sun Life Financial has a market capitalization of $28.34 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 1/21/2021 by MarketBeat.com Staff

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