TSE:SLF Sun Life Financial (SLF) Stock Forecast, Price & News C$66.95 +0.63 (+0.95%) (As of 05/26/2023 ET) Add Compare Share Share Today's RangeC$66.27▼C$67.1450-Day RangeC$61.27▼C$67.1852-Week RangeC$52.97▼C$69.09Volume5.95 million shsAverage Volume2.21 million shsMarket CapitalizationC$39.28 billionP/E Ratio12.90Dividend Yield4.48%Price TargetC$73.31 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media Sun Life Financial MarketRank™ ForecastAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside9.5% UpsideC$73.31 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.00Based on 3 Articles This WeekInsider TradingAcquiring SharesC$19,356 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.49 out of 5 stars 1.3 Analyst's Opinion Consensus RatingSun Life Financial has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$73.31, Sun Life Financial has a forecasted upside of 9.5% from its current price of C$66.95.Amount of Analyst CoverageSun Life Financial has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for SLF. Previous Next 2.5 Dividend Strength Dividend LeadershipSun Life Financial is a leading dividend payer. It pays a dividend yield of 4.52%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSun Life Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Sun Life Financial is 57.80%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SLF. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 3 news articles for Sun Life Financial this week, compared to 3 articles on an average week.Search Interest20 people have searched for SLF on MarketBeat in the last 30 days. This is an increase of 5% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Sun Life Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sun Life Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$19,356.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 0.08% of the stock of Sun Life Financial is held by insiders.Percentage Held by Institutions53.58% 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. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Sun Life Financial is 12.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.36.Price to Earnings Ratio vs. SectorThe P/E ratio of Sun Life Financial is 12.90, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 154.36.Price to Earnings Growth RatioSun Life Financial has a PEG Ratio of 4.76. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSun Life Financial has a P/B Ratio of 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Sun Life Financial (TSE:SLF) StockSun 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.Read More Receive SLF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sun Life Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address SLF Stock News HeadlinesMay 25, 2023 | americanbankingnews.comBrokerages Set Sun Life Financial Inc. (TSE:SLF) Target Price at C$73.31May 22, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Sun Life Financial (SLF) and Progressive (PGR)May 28, 2023 | Behind the Markets (Ad)NOTICE: Your retirement is in immediate dangerSoon you may be forced to spend your afternoons packing grocery bags at Walmart instead of going to the park with your grandchildren. Why? Because not only could your money be worth even less than it already is now, but certain stocks and cryptocurrencies could drop by 80%. Even your social security check could be worth 21% less! Learn how to protect your retirement here >>>May 19, 2023 | americanbankingnews.comSun Life Financial (TSE:SLF) Upgraded to Outperform at Royal Bank of CanadaMay 17, 2023 | finance.yahoo.comSun Life U.S. annual high-cost claims report shows 45% increase of million-dollar+ claimsMay 17, 2023 | americanbankingnews.comQ2 2023 Earnings Estimate for Sun Life Financial Inc. (TSE:SLF) Issued By National Bank FinancialMay 15, 2023 | finance.yahoo.comSun Life Financial's (TSE:SLF) Upcoming Dividend Will Be Larger Than Last Year'sMay 14, 2023 | msn.comSun Life Financial (SLF) Declares $0.75 DividendMay 28, 2023 | Behind the Markets (Ad)NOTICE: Your retirement is in immediate dangerSoon you may be forced to spend your afternoons packing grocery bags at Walmart instead of going to the park with your grandchildren. Why? Because not only could your money be worth even less than it already is now, but certain stocks and cryptocurrencies could drop by 80%. Even your social security check could be worth 21% less! Learn how to protect your retirement here >>>May 13, 2023 | americanbankingnews.comSun Life Financial Inc. (SLF) to Distribute Quarterly Dividend of $0.75 on June 30thMay 9, 2023 | marketwatch.comSun Life Financial Inc. stock falls Tuesday, underperforms marketMay 9, 2023 | finance.yahoo.comSun Life Financial Insiders Placed Bullish Bets Worth CA$673k \May 8, 2023 | marketwatch.comSun Life Financial Inc. stock rises Monday, still underperforms marketMay 5, 2023 | marketwatch.comSun Life Financial Inc. stock rises Friday, still underperforms marketMay 5, 2023 | marketwatch.comSun Life Financial Inc. stock falls Thursday, underperforms marketMay 3, 2023 | marketwatch.comSun Life Financial Inc. stock outperforms market despite losses on the dayMay 3, 2023 | americanbankingnews.comCormark Brokers Lower Earnings Estimates for Sun Life Financial Inc. (TSE:SLF)May 2, 2023 | americanbankingnews.comAnalysts Set Sun Life Financial Inc. (TSE:SLF) Price Target at C$73.08May 2, 2023 | americanbankingnews.comSun Life Financial Inc. (TSE:SLF) Given Consensus Recommendation of "Hold" by AnalystsMay 1, 2023 | theglobeandmail.comClosing Bell: Sun Life Financial Inc down on Monday (SLF)May 1, 2023 | marketwatch.comSun Life Financial Inc. stock falls Monday, still outperforms marketApril 27, 2023 | americanbankingnews.comCormark Analysts Raise Earnings Estimates for Sun Life Financial Inc. (TSE:SLF)April 21, 2023 | theglobeandmail.comClosing Bell: Sun Life Financial Inc down on Friday (SLF)April 21, 2023 | msn.comDESJARDINS SECURITIES Maintains Sun Life Financial (TSX:SLF) Buy RecommendationApril 21, 2023 | finance.yahoo.com10 Cheap Canadian Stocks to BuyApril 21, 2023 | americanbankingnews.comFY2023 EPS Estimates for Sun Life Financial Inc. Increased by Desjardins (TSE:SLF)April 20, 2023 | seekingalpha.comSLF:CA Sun Life Financial Inc.See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SLF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sun Life Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address SLF Company Calendar Ex-Dividend for 3/31 Dividend2/28/2023Dividend Payable3/31/2023Today5/28/2023Ex-Dividend for 6/30 Dividend5/30/2023Dividend Payable6/30/2023Next Earnings (Estimated)8/02/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Property & Casualty Insurance Sub-IndustryN/A SectorFinance Current SymbolTSE:SLF CUSIPN/A CIKN/A Webwww.sunlife.com Phone+1-416-9794800FaxN/AEmployees40,600Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$73.31 High Stock Price ForecastC$79.00 Low Stock Price ForecastC$65.00 Forecasted Upside/Downside+9.5%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)C$5.19 Trailing P/E Ratio12.90 Forward P/E Ratio10.51 P/E Growth4.76Net IncomeC$3.06 billion Net MarginsN/A Pretax MarginN/A Return on Equity11.09% Return on Assets0.82% Debt Debt-to-Equity Ratio66.33 Current Ratio8.22 Quick Ratio84,866.00 Sales & Book Value Annual SalesC$23.32 billion Price / Sales1.68 Cash FlowC$153.87 per share Price / Cash Flow0.44 Book ValueC$46.13 per share Price / Book1.45Miscellaneous Outstanding Shares586,750,000Free FloatN/AMarket CapC$39.28 billion OptionableOptionable Beta0.98 Key ExecutivesMr. Kevin David Strain C.A. (Age 57)CPA, Pres, CEO & Director Comp: $3.19MMr. Manjit Singh C.A.CPA, Exec. VP & CFOMr. Stephen Clarkson Peacher CFA (Age 59)Pres of SLC Management Comp: $3.69MMr. Daniel Richard FishbeinPres of Sun Life U.S.Mr. Jacques Goulet Jr. (Age 57)Pres of Sun Life Canada Comp: $1.96MMs. Leigh ChalmersSr. VP and Head of Corp. Fin. & Capital ManagementMs. Laura Ann MoneyExec. VP, Chief Information & Technology Innovation OfficerYaniv BittonVP, Head of Investor Relations & Capital MarketsMs. Melissa Jane Kennedy (Age 60)Exec. VP and Chief Legal Officer & Public Affairs Joe HanlonSr. MD & Chief Compliance OfficerMore ExecutivesKey CompetitorsGreat-West LifecoTSE:GWOIntact FinancialTSE:IFCNational Bank of CanadaTSE:NAManulife FinancialTSE:MFCCanadian Imperial Bank of CommerceTSE:CMView All CompetitorsInsidersStephanie CoylesBought 300 shares on 3/10/2023Total: C$19,356.00 ($64.52/share)Kevin StrainSold 47,958 sharesTotal: C$3.28 M ($68.39/share)Daniel FishbeinSold 11,781 sharesTotal: C$720,569.55 ($61.16/share)Stephanie CoylesBought 300 shares on 11/7/2022Total: C$18,000.00 ($60.00/share)Kevin StrainSold 27,391 sharesTotal: C$1.70 M ($61.98/share)View All Insider Transactions SLF Stock - Frequently Asked Questions Should I buy or sell Sun Life Financial stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sun Life Financial in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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? 7 equities research analysts have issued 1-year price objectives for Sun Life Financial's shares. Their SLF share price forecasts range from C$65.00 to C$79.00. On average, they predict the company's share price to reach C$73.31 in the next twelve months. This suggests a possible upside of 9.5% 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 C$62.85 at the beginning of 2023. Since then, SLF shares have increased by 6.5% and is now trading at C$66.95. View the best growth stocks for 2023 here. When is Sun Life Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our SLF earnings forecast. 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, May 11th. Investors of record on Wednesday, May 31st will be given a dividend of 0.75 per share on Friday, June 30th. This represents a $3.00 annualized dividend and a dividend yield of 4.48%. The ex-dividend date is Tuesday, May 30th. This is a positive change from the stock's previous quarterly dividend of C$0.72. Read our dividend analysis for SLF. Is Sun Life Financial a good dividend stock? Sun Life Financial (TSE:SLF) pays an annual dividend of C$3.00 per share and currently has a dividend yield of 4.52%. SLF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 57.80%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for SLF. 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 Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), Toronto-Dominion Bank (TD), AbbVie (ABBV), Vermilion Energy (VET), Enbridge (ENB), BCE (BCE) and Manulife Financial (MFC). What is Sun Life Financial's stock symbol? Sun Life Financial trades on the Toronto Stock Exchange (TSX) under the ticker symbol "SLF." How do I buy shares of Sun Life Financial? Shares of SLF stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What is Sun Life Financial's stock price today? One share of SLF stock can currently be purchased for approximately C$66.95. How much money does Sun Life Financial make? Sun Life Financial (TSE:SLF) has a market capitalization of C$39.28 billion and generates C$23.32 billion in revenue each year. The financial services provider earns C$3.06 billion in net income (profit) each year or C$5.19 on an earnings per share basis. How many employees does Sun Life Financial have? The company employs 40,600 workers across the globe. How can I contact Sun Life Financial? Sun Life Financial's mailing address is Sun Life Assurance Co Of Canada One York Street, TORONTO, ON M5J 0B6, Canada. The official website for the company is www.sunlife.com. The financial services provider can be reached via phone at +1-416-9794800. This page (TSE:SLF) was last updated on 5/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Sun Life Financial Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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