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Sell every Stock except ONE (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Bank Collapse Causes Gold Prices to Soar (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
Bank Collapse Causes Gold Prices to Soar (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Sell every Stock except ONE (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Bank Collapse Causes Gold Prices to Soar (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
Bank Collapse Causes Gold Prices to Soar (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Sell every Stock except ONE (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Bank Collapse Causes Gold Prices to Soar (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
Bank Collapse Causes Gold Prices to Soar (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Sell every Stock except ONE (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
TSE:SLF

Sun Life Financial (SLF) Stock Forecast, Price & News

C$66.95
+0.63 (+0.95%)
(As of 05/26/2023 ET)
Compare
Today's Range
C$66.27
▼
C$67.14
50-Day Range
C$61.27
▼
C$67.18
52-Week Range
C$52.97
▼
C$69.09
Volume
5.95 million shs
Average Volume
2.21 million shs
Market Capitalization
C$39.28 billion
P/E Ratio
12.90
Dividend Yield
4.48%
Price Target
C$73.31
ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media

Sun Life Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
9.5% Upside
C$73.31 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Sun Life Financial in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
C$19,356 Bought Last Quarter
Proj. Earnings Growth
N/A

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

See Top Rated MarketRank™ Stocks Here

SLF stock logo

About Sun Life Financial (TSE: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

May 25, 2023 | americanbankingnews.com
Brokerages Set Sun Life Financial Inc. (TSE:SLF) Target Price at C$73.31
May 22, 2023 | markets.businessinsider.com
Analysts 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 danger
Soon 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.com
Sun Life Financial (TSE:SLF) Upgraded to Outperform at Royal Bank of Canada
May 17, 2023 | finance.yahoo.com
Sun Life U.S. annual high-cost claims report shows 45% increase of million-dollar+ claims
May 17, 2023 | americanbankingnews.com
Q2 2023 Earnings Estimate for Sun Life Financial Inc. (TSE:SLF) Issued By National Bank Financial
May 15, 2023 | finance.yahoo.com
Sun Life Financial's (TSE:SLF) Upcoming Dividend Will Be Larger Than Last Year's
May 14, 2023 | msn.com
Sun Life Financial (SLF) Declares $0.75 Dividend
May 28, 2023 | Behind the Markets (Ad)
NOTICE: Your retirement is in immediate danger
Soon 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.com
Sun Life Financial Inc. (SLF) to Distribute Quarterly Dividend of $0.75 on June 30th
May 9, 2023 | marketwatch.com
Sun Life Financial Inc. stock falls Tuesday, underperforms market
May 9, 2023 | finance.yahoo.com
Sun Life Financial Insiders Placed Bullish Bets Worth CA$673k \
May 8, 2023 | marketwatch.com
Sun Life Financial Inc. stock rises Monday, still underperforms market
May 5, 2023 | marketwatch.com
Sun Life Financial Inc. stock rises Friday, still underperforms market
May 5, 2023 | marketwatch.com
Sun Life Financial Inc. stock falls Thursday, underperforms market
May 3, 2023 | marketwatch.com
Sun Life Financial Inc. stock outperforms market despite losses on the day
May 3, 2023 | americanbankingnews.com
Cormark Brokers Lower Earnings Estimates for Sun Life Financial Inc. (TSE:SLF)
May 2, 2023 | americanbankingnews.com
Analysts Set Sun Life Financial Inc. (TSE:SLF) Price Target at C$73.08
May 2, 2023 | americanbankingnews.com
Sun Life Financial Inc. (TSE:SLF) Given Consensus Recommendation of "Hold" by Analysts
May 1, 2023 | theglobeandmail.com
Closing Bell: Sun Life Financial Inc down on Monday (SLF)
May 1, 2023 | marketwatch.com
Sun Life Financial Inc. stock falls Monday, still outperforms market
April 27, 2023 | americanbankingnews.com
Cormark Analysts Raise Earnings Estimates for Sun Life Financial Inc. (TSE:SLF)
April 21, 2023 | theglobeandmail.com
Closing Bell: Sun Life Financial Inc down on Friday (SLF)
April 21, 2023 | msn.com
DESJARDINS SECURITIES Maintains Sun Life Financial (TSX:SLF) Buy Recommendation
April 21, 2023 | finance.yahoo.com
10 Cheap Canadian Stocks to Buy
April 21, 2023 | americanbankingnews.com
FY2023 EPS Estimates for Sun Life Financial Inc. Increased by Desjardins (TSE:SLF)
April 20, 2023 | seekingalpha.com
SLF:CA Sun Life Financial Inc.
See More Headlines
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SLF Company Calendar

Ex-Dividend for 3/31 Dividend
2/28/2023
Dividend Payable
3/31/2023
Today
5/28/2023
Ex-Dividend for 6/30 Dividend
5/30/2023
Dividend Payable
6/30/2023
Next Earnings (Estimated)
8/02/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Property & Casualty Insurance
Sub-Industry
N/A
Sector
Finance
Current Symbol
TSE:SLF
CUSIP
N/A
CIK
N/A
Web
www.sunlife.com
Phone
+1-416-9794800
Fax
N/A
Employees
40,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$73.31
High Stock Price Forecast
C$79.00
Low Stock Price Forecast
C$65.00
Forecasted Upside/Downside
+9.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$5.19
Trailing P/E Ratio
12.90
Forward P/E Ratio
10.51
P/E Growth
4.76
Net Income
C$3.06 billion
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
11.09%
Return on Assets
0.82%

Debt

Debt-to-Equity Ratio
66.33
Current Ratio
8.22
Quick Ratio
84,866.00

Sales & Book Value

Annual Sales
C$23.32 billion
Price / Sales
1.68
Cash Flow
C$153.87 per share
Price / Cash Flow
0.44
Book Value
C$46.13 per share
Price / Book
1.45

Miscellaneous

Outstanding Shares
586,750,000
Free Float
N/A
Market Cap
C$39.28 billion
Optionable
Optionable
Beta
0.98

Key Executives

  • Mr. Kevin David Strain C.A. (Age 57)
    CPA, Pres, CEO & Director
    Comp: $3.19M
  • Mr. Manjit Singh C.A.
    CPA, Exec. VP & CFO
  • Mr. Stephen Clarkson Peacher CFA (Age 59)
    Pres of SLC Management
    Comp: $3.69M
  • Mr. Daniel Richard Fishbein
    Pres of Sun Life U.S.
  • Mr. Jacques Goulet Jr. (Age 57)
    Pres of Sun Life Canada
    Comp: $1.96M
  • 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

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

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