TSE:SLF Sun Life Financial (SLF) Stock Forecast, Price & News C$66.97 -0.91 (-1.34%) (As of 09/21/2023 ET) Add Compare Share Share Today's RangeC$66.84▼C$67.8050-Day RangeC$63.61▼C$69.6352-Week RangeC$52.97▼C$70.11Volume1.66 million shsAverage Volume2.13 million shsMarket CapitalizationC$39.30 billionP/E Ratio13.45Dividend Yield4.48%Price TargetC$74.36 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media Sun Life Financial MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside11.0% UpsideC$74.36 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.54Based on 2 Articles This WeekInsider TradingAcquiring SharesC$20,400 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.2.10 out of 5 stars 2.3 Analyst's Opinion Consensus RatingSun Life Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$74.36, Sun Life Financial has a forecasted upside of 11.0% from its current price of C$66.97.Amount of Analyst CoverageSun Life Financial has only been the subject of 2 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 4.38%, 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 60.24%. 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 2.5 News and Social Media Coverage News SentimentSun Life Financial has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Financial Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Sun Life Financial this week, compared to 2 articles on an average week.Search Interest11 people have searched for SLF on MarketBeat in the last 30 days. This is an increase of 175% compared to the previous 30 days.MarketBeat Follows5 people have added Sun Life Financial to their MarketBeat watchlist in the last 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$20,400.00 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 Institutions54.07% 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 13.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.96.Price to Earnings Ratio vs. SectorThe P/E ratio of Sun Life Financial is 13.45, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 244.22.Price to Earnings Growth RatioSun Life Financial has a PEG Ratio of 1.13. 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 2.67. 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 savings, retirement, and pension products worldwide. It offers term and permanent life, as well as personal health, dental, critical illness, long-term care, and disability insurance products. The company provides financial advice, asset management, and investments related products. It is also involved in mutual fund and investment management businesses. Sun Life Financial Inc was founded in 1871 and is headquartered in Toronto, Canada.Read More SLF Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SLF Stock News HeadlinesSeptember 20, 2023 | finance.yahoo.comSun Life reaffirms its commitment to getting Quebecers moving and becomes title sponsor for the Courses Thématiques seriesSeptember 19, 2023 | finance.yahoo.comSun Life redeems Series 2016-2 Subordinated Unsecured 3.05% Fixed/Floating DebenturesSeptember 22, 2023 | Chaikin Analytics (Ad)This Stock Could Go Up 66% or More.Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.September 14, 2023 | msn.comBetter Buy: Manulife Financial Stock or Sun Life Financial?September 11, 2023 | finance.yahoo.comSun Life U.S. and the Yard Goats raise funds for Hartford Behavioral Health through Strikeout for a CauseAugust 31, 2023 | finance.yahoo.comSun Life reaffirms partnership with Cirque du Soleil Touring Shows in Canada inspiring Canadians to achieve their biggest dreamsAugust 24, 2023 | finance.yahoo.comSun Life Receives Regulatory Approval for Launch of its Normal Course Issuer BidAugust 23, 2023 | benzinga.comDialogue Announces Filing of Management Proxy Circular for the Special Meeting of Shareholders to Approve the Arrangement with Sun LifeSeptember 22, 2023 | Chaikin Analytics (Ad)This Stock Could Go Up 66% or More.Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.August 22, 2023 | theglobeandmail.comSun Life Financial: Top 10 Undervalued Financial Services Sector Stocks on TSX (SLF)August 13, 2023 | finance.yahoo.comCanadian insurer Sun Life eyes Hong Kong expansion after reporting strong second-quarter growthAugust 8, 2023 | msn.comSun Life Financial (TSE:SLF) Tops Q2 Earnings EstimatesJuly 28, 2023 | money.usnews.comSun Life Financial, Inc.July 26, 2023 | ca.finance.yahoo.comSun Life to acquire victual care provider Dialogue Health TechnologiesJuly 26, 2023 | msn.comCanada's Sun Life snaps up healthcare platform Dialogue in C$365M dealJuly 26, 2023 | markets.businessinsider.comSun Life Agrees To Buyout Dialogue For $5.15/ShareJuly 26, 2023 | finance.yahoo.comSun Life launches program with OptiMed Health Partners to make specialty drugs more accessible and affordableJuly 24, 2023 | seekingalpha.comA Sizzling 4% Dividend Yield At Sun Life, But Valuation OverheatedJuly 20, 2023 | finance.yahoo.comSun Life U.S. re-opens Wellesley office with new, modern design, featuring areas for collaboration and socializing, including patio with fireplaceJuly 18, 2023 | finance.yahoo.comSun Life Financial's (TSE:SLF) investors will be pleased with their notable 45% return over the last three yearsJuly 8, 2023 | wsj.comSun Life Financial Inc. Cl A Pfd.July 7, 2023 | finance.yahoo.comSun Life (SLF) Expands Stop Loss Business With IndependenceJuly 6, 2023 | finance.yahoo.com3 Life Insurers With Decent Dividend for a Steady ReturnJuly 6, 2023 | finance.yahoo.comHoops for My Hometown: a new project to support young peopleJuly 4, 2023 | finance.yahoo.comSun Life Completes Second Sustainability Bond OfferingJune 28, 2023 | finance.yahoo.comSLGI Asset Management Inc. announces risk rating changes to select FundsJune 28, 2023 | finance.yahoo.comRetirement saving takes a backseat for cash-strapped CanadiansSee More Headlines 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 6/30 Dividend5/30/2023Dividend Payable6/30/2023Last Earnings8/08/2023Ex-Dividend for 9/29 Dividend8/29/2023Today9/22/2023Dividend Payable9/29/2023Next Earnings (Estimated)11/01/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Insurance—Diversified Sub-IndustryN/A SectorFinancial Services Current SymbolTSE:SLF CUSIPN/A CIKN/A Webwww.sunlife.com Phone+1-416-9794800FaxN/AEmployees29,169Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$74.36 High Stock Price ForecastC$79.00 Low Stock Price ForecastC$67.00 Forecasted Upside/Downside+11.0%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)C$4.98 Trailing P/E Ratio13.45 Forward P/E Ratio9.86 P/E Growth1.13Net IncomeC$2.93 billion Net Margins11.91% Pretax MarginN/A Return on Equity12.21% Return on Assets0.80% Debt Debt-to-Equity Ratio30.31 Current Ratio51.74 Quick Ratio84,866.00 Sales & Book Value Annual SalesC$25.25 billion Price / Sales1.56 Cash FlowC$153.92 per share Price / Cash Flow0.44 Book ValueC$25.07 per share Price / Book2.67Miscellaneous Outstanding Shares586,830,000Free FloatN/AMarket CapC$39.30 billion OptionableOptionable Beta0.97 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Kevin David Strain C.A. (Age 57)CPA, Pres, CEO & Director Comp: $2.71MMr. Manjit Singh C.A.CPA, Exec. VP & CFOMr. Stephen Clarkson Peacher CFA (Age 59)Pres of SLC Management Comp: $3.43MMr. Daniel Richard FishbeinPres of Sun Life U.S.Mr. Jacques Goulet Jr. (Age 57)Pres of Sun Life Canada Comp: $1.58MMs. Laura Ann MoneyExec. VP and Chief Information & Technology Innovation OfficerMr. David GargSr. VP of Capital Management & Investor RelationsMs. Melissa Jane Kennedy (Age 60)Exec. VP and Chief Legal Officer & Public Policy Officer Ms. Anne C. SonnenSr. VP & Chief Compliance OfficerAishling CullenVP of Corp. CommunicationsMore ExecutivesKey CompetitorsGreat-West LifecoTSE:GWOIntact FinancialTSE:IFCNational Bank of CanadaTSE:NAManulife FinancialTSE:MFCCanadian Imperial Bank of CommerceTSE:CMView All CompetitorsInsidersStephanie CoylesBought 300 shares on 8/11/2023Total: C$20,400.00 ($68.00/share)Stephanie 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)View All Insider Transactions SLF Stock - Frequently Asked Questions Should I buy or sell Sun Life Financial stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sun Life Financial in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SLF shares. View SLF analyst ratings or view top-rated stocks. What is Sun Life Financial's stock price forecast for 2023? 6 analysts have issued 1 year price objectives for Sun Life Financial's shares. Their SLF share price forecasts range from C$67.00 to C$79.00. On average, they predict the company's stock price to reach C$74.36 in the next twelve months. This suggests a possible upside of 11.0% 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 start of the year. Since then, SLF shares have increased by 6.6% and is now trading at C$66.97. 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, November 1st 2023. View our SLF earnings forecast. How were Sun Life Financial's earnings last quarter? Sun Life Financial Inc. (TSE:SLF) released its quarterly earnings data on Tuesday, August, 8th. The financial services provider reported $1.57 EPS for the quarter, beating the consensus estimate of $1.56 by $0.01. The financial services provider had revenue of $7.67 billion for the quarter. Sun Life Financial had a net margin of 11.91% and a trailing twelve-month return on equity of 12.21%. 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 Tuesday, August 29th. Shareholders of record on Wednesday, August 30th will be given a dividend of 0.75 per share on Friday, September 29th. This represents a $3.00 annualized dividend and a yield of 4.48%. The ex-dividend date of this dividend is Tuesday, August 29th. 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 4.38%. SLF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 60.24%. 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$66.97. How much money does Sun Life Financial make? Sun Life Financial (TSE:SLF) has a market capitalization of C$39.30 billion and generates C$25.25 billion in revenue each year. The financial services provider earns C$2.93 billion in net income (profit) each year or C$4.98 on an earnings per share basis. How many employees does Sun Life Financial have? The company employs 29,169 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 9/22/2023 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. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.