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TSE:SLF

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

C$70.37
+0.25 (+0.36%)
(As of 05/17/2024 04:00 PM ET)
Today's Range
C$69.97
C$70.54
50-Day Range
C$68.51
C$74.52
52-Week Range
C$61.84
C$74.94
Volume
1.36 million shs
Average Volume
1.90 million shs
Market Capitalization
C$40.89 billion
P/E Ratio
13.30
Dividend Yield
4.60%
Price Target
C$76.09

Sun Life Financial MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
8.1% Upside
C$76.09 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.01mentions of Sun Life Financial in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
C$1.19 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.37 out of 5 stars

SLF stock logo

About Sun Life Financial Stock (TSE:SLF)

Sun Life Financial Inc., a financial services company, provides savings, retirement, and pension products worldwide. The company operates in five segments: Asset Management, Canada, U.S., Asia, and Corporate. It offers various insurance products, such as term and permanent life; personal health, which includes prescription drugs, dental, and vision care; critical illness; long-term care; and disability, as well as reinsurance. The company also provides advice for financial planning and retirement planning services; investments products, such as mutual funds, segregated funds, and annuities; and asset and investment management products consisting of pooled funds, institutional portfolios, and pension funds. In addition, it offers real estate services; manages equity capital in various private and listed funds, as well as mezzanine debt, middle market direct lending, high-yield bonds, and syndicated loans; and operates as an investment grade fixed income investor, real estate investment management advisor, infrastructure investment manager, and alternative credit investment manager. The company was formerly known as Sun Life Financial Services of Canada Inc. and changed its name to Sun Life Financial Inc. in July 2003. Sun Life Financial Inc. was founded in 1871 and is headquartered in Toronto, Canada.

SLF Stock Price History

SLF Stock News Headlines

Sun Life Financial (TSE:SLF) Price Target Cut to C$76.00
Sun Life Financial (TSE:SLF) Price Target Cut to C$72.00
Sun Life Financial (TSE:SLF) PT Lowered to C$71.00
15 Cheapest European Countries to Visit in 2024
15 Best Places to Retire in Ontario
TD Securities Remains a Hold on Sun Life Financial (SLF)
20 Best Places for Adventure Travel in the World
See More Headlines
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Company Calendar

Ex-Dividend for 3/28 Dividend
2/27/2024
Dividend Payable
3/28/2024
Today
5/21/2024
Ex-Dividend for 6/28 Dividend
5/29/2024
Dividend Payable
6/28/2024
Next Earnings (Estimated)
8/13/2024

Industry, Sector and Symbol

Industry
Insurance - Diversified
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
30,941
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$76.09
High Stock Price Target
C$83.00
Low Stock Price Target
C$71.00
Potential Upside/Downside
+8.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
C$3.10 billion
Pretax Margin
N/A

Debt

Quick Ratio
84,866.00

Sales & Book Value

Annual Sales
C$31.41 billion
Cash Flow
C$161.73 per share
Book Value
C$38.28 per share

Miscellaneous

Free Float
N/A
Market Cap
C$40.89 billion
Optionable
Not Optionable
Beta
0.96
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Key Executives

  • Mr. Kevin David Strain C.A. (Age 58)
    CPA, President, CEO & Director
    Comp: $3.36M
  • Mr. Stephen Clarkson Peacher CFA (Age 60)
    President of SLC Management
    Comp: $3.86M
  • Mr. Daniel Richard Fishbein
    President of Sun Life U.S.
  • Mr. Jacques Goulet Jr. (Age 57)
    President of Sun Life Canada
    Comp: $2.14M
  • Mr. Manjit Singh C.A.
    CPA, President of Sun Life Asia
  • Mr. Timothy Deacon
    Executive VP & CFO
  • Ms. Laura Ann Money
    Executive VP and Chief Information & Technology Innovation Officer
  • Mr. David Garg
    Senior VP of Capital Management & Investor Relations
  • Ms. Melissa Jane Kennedy (Age 61)
    Executive VP and Chief Legal Officer & Public Policy Officer
  • Ms. Anne C. Sonnen
    Senior VP & Chief Compliance Officer

SLF Stock Analysis - Frequently Asked Questions

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

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sun Life Financial in the last twelve months. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

9 brokers have issued twelve-month target prices for Sun Life Financial's shares. Their SLF share price targets range from C$71.00 to C$83.00. On average, they anticipate the company's stock price to reach C$76.09 in the next twelve months. This suggests a possible upside of 8.1% 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 2024?

Sun Life Financial's stock was trading at C$68.72 at the start of the year. Since then, SLF shares have increased by 2.4% and is now trading at C$70.37.
View the best growth stocks for 2024 here
.

When is Sun Life Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
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 9th. Shareholders of record on Wednesday, May 29th will be given a dividend of 0.81 per share on Friday, June 28th. This represents a $3.24 dividend on an annualized basis and a yield of 4.60%. The ex-dividend date is Wednesday, May 29th. This is a boost from the stock's previous quarterly dividend of C$0.78.
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$3.24 per share and currently has a dividend yield of 4.60%. SLF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 61.25%. 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).

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.

This page (TSE:SLF) was last updated on 5/21/2024 by MarketBeat.com Staff

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