Free Trial
TSE:SLF

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

C$69.02
+0.46 (+0.67%)
(As of 07/26/2024 ET)
Today's Range
C$68.75
C$69.32
50-Day Range
C$65.19
C$70.37
52-Week Range
C$61.84
C$74.94
Volume
561,642 shs
Average Volume
2.02 million shs
Market Capitalization
C$40.11 billion
P/E Ratio
13.27
Dividend Yield
4.69%
Price Target
C$75.73

Sun Life Financial MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
9.7% Upside
C$75.73 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.10mentions of Sun Life Financial in the last 14 days
Based on 10 Articles This Week
Insider Trading
Acquiring Shares
C$871,995 Bought 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.

2.17 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

NEW AI developed by trader who won 1,129% (in 2 days)
Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...
Sun Life Financial (TSE:SLF) Price Target Cut to C$78.00
NEW AI developed by trader who won 1,129% (in 2 days)
Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...
15 Cheapest European Countries to Visit in 2024
See 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.

Company Calendar

Last Earnings
5/09/2024
Ex-Dividend for 6/28 Dividend
5/29/2024
Dividend Payable
6/28/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/12/2024

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$75.73
High Stock Price Target
C$80.00
Low Stock Price Target
C$72.00
Potential Upside/Downside
+9.8%
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$158.54 per share
Book Value
C$38.28 per share

Miscellaneous

Free Float
N/A
Market Cap
C$40.08 billion
Optionable
Not Optionable
Beta
0.96
Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

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

Should I Buy Sun Life Financial Stock? SLF Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Sun Life Financial Inc.:

  • Sun Life Financial Inc. has a market capitalization of C$38.57 billion, indicating a strong financial position in the market.
  • The company offers a dividend yield of 4.88%, providing investors with a steady income stream.
  • Recent insider transactions, such as Director Kevin Strain purchasing 12,000 shares, can signal confidence in the company's future performance.
  • Analysts have set a moderate buy rating on Sun Life Financial Inc., with an average target price of C$76.09, suggesting potential for stock price appreciation.
  • Despite missing earnings estimates in the last quarter, Sun Life Financial Inc. has a history of strong return on equity at 13.68%, indicating efficient use of shareholder funds.

Cons

Investors should be bearish about investing in Sun Life Financial Inc. for these reasons:

  • The stock price of Sun Life Financial Inc. recently crossed below its 200-day moving average, indicating a potential bearish trend in the short term.
  • The company reported lower-than-expected earnings in the last quarter, missing analysts' consensus estimates by C$0.14 per share.
  • Sun Life Financial Inc. has a debt-to-equity ratio of 26.46, which may raise concerns about the company's leverage and financial stability.
  • The company's revenue of C$6.88 billion in the last quarter fell short of the consensus estimate of C$9.96 billion, reflecting a potential slowdown in business growth.
  • While the company has a dividend payout ratio of 62.31%, indicating a sustainable dividend policy, the recent increase in dividend may also signal a need to attract investors amidst challenging market conditions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Sun Life Financial pros and cons to contact@marketbeat.com.

SLF Stock Analysis - Frequently Asked Questions

How have SLF shares performed this year?

Sun Life Financial's stock was trading at C$68.72 at the start of the year. Since then, SLF shares have increased by 0.4% and is now trading at C$69.02.
View the best growth stocks for 2024 here
.

How were Sun Life Financial's earnings last quarter?

Sun Life Financial Inc. (TSE:SLF) issued its earnings results on Thursday, May, 9th. The financial services provider reported $1.50 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.64 by $0.14. The financial services provider had revenue of $6.88 billion for the quarter, compared to the consensus estimate of $9.96 billion. Sun Life Financial had a trailing twelve-month return on equity of 13.68% and a net margin of 10.12%.

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 other stocks do shareholders of Sun Life Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Vermilion Energy (VET).

This page (TSE:SLF) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners