TSE:SLF

Sun Life Financial Stock Forecast, Price & News

C$63.52

-0.64 (-1.00 %)

(As of 06/14/2021 12:00 AM ET)

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Today's Range

C$63.35

▼

C$64.14

50-Day Range

C$63.52

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C$67.13

52-Week Range

C$48.11

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C$67.26

Volume3.06 million shs

Average Volume2.26 million shs

Market CapitalizationC$37.19 billion

P/E Ratio12.63

Dividend Yield3.43%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Sun Life Financial

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 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, and managing and independent general agents, as well as 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.

Sun Life Financial (TSE:SLF) Shares Pass Above 200-Day Moving Average of $0.00
June 15, 2021 | americanbankingnews.com

Sun Life Financial Inc. (TSE:SLF) Director Dean Connor Sells 18,715 Shares
June 5, 2021 | americanbankingnews.com

Sun Life Financial (TSE:SLF) Hits New 1-Year High at $15.49
June 4, 2021 | americanbankingnews.com

Sun Life Financial (TSE:SLF) Stock Crosses Above Two Hundred Day Moving Average of $0.00
June 4, 2021 | americanbankingnews.com

Sun Life annual report on high-cost medical claims shows cancer continued to increase in cost and frequency despite pandemic environment
June 2, 2021 | markets.businessinsider.com

Sun Life names Kimberly Mashburn National Absence Practice Leader
May 18, 2021 | finance.yahoo.com

Sun Life earns $937 million in Q1, takes charge for redefining role of office
May 5, 2021 | msn.com

Canadian insurer Sun Life's core quarterly profit misses estimates
May 5, 2021 | nasdaq.com

Lincoln National (LNC) to Post Q1 Results: What's in Store?
May 4, 2021 | finance.yahoo.com

Sun Life Agrees To Buy PinnacleCare For $85M
April 27, 2021 | nasdaq.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Property & Casualty Insurance
Sub-IndustryN/A
SectorFinance
Current SymbolTSE:SLF
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.sunlife.com
Phone+1-416-9794800
Employees23,816
Year FoundedN/A

Sales & Book Value

Annual SalesC$38.38 billion
Price / Sales0.97
Cash FlowC$157.74 per share
Price / Cash Flow0.40
Book ValueC$40.03 per share
Price / Book1.59

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares585,558,000
Market CapC$37.19 billion
Next Earnings Date8/4/2021 (Confirmed)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.76 out of 5 stars

3.4 Analyst's Opinion

Consensus Rating
Sun Life Financial has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$70.21, Sun Life Financial has a forecasted upside of 10.5% from its current price of C$63.52.
Amount of Analyst Coverage
Sun Life Financial has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.5 Community Rank

Outperform Votes
Sun Life Financial has received 609 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Sun Life Financial has received 606 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Sun Life Financial has received 50.12% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Sun Life Financial and other stocks. Vote “Outperform” if you believe SLF will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SLF will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Sun Life Financial pays a meaningful dividend of 3.43%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Sun Life Financial does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Sun Life Financial is 43.74%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sun Life Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$3,652,135.00 in company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Sun Life Financial is 12.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.86.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sun Life Financial is 12.63, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 16.05.
Price to Earnings Growth Ratio
Sun Life Financial has a PEG Ratio of 1.14. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Sun Life Financial has a P/B Ratio of 1.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Sun Life Financial (TSE:SLF) Frequently Asked Questions

Is Sun Life Financial a buy right now?

9 Wall Street equities research 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 equities research analysts is that investors should "buy" Sun Life Financial stock.
View analyst ratings for Sun Life Financial or view top-rated stocks.

What stocks does MarketBeat like better than Sun Life Financial?

Wall Street analysts have given Sun Life Financial a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Sun Life Financial wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Sun Life Financial's next earnings date?

Sun Life Financial is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Sun Life Financial.

How were Sun Life Financial's earnings last quarter?

Sun Life Financial Inc. (TSE:SLF) released its quarterly earnings results on Wednesday, May, 5th. The financial services provider reported $1.45 earnings per share for the quarter, missing analysts' consensus estimates of $1.48 by $0.03. The financial services provider earned $1.51 billion during the quarter.
View Sun Life Financial's earnings history.

How has Sun Life Financial's stock price been impacted by COVID-19 (Coronavirus)?

Sun Life Financial's stock was trading at C$50.78 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SLF stock has increased by 25.1% and is now trading at C$63.52.
View which stocks have been most impacted by COVID-19.

How often does Sun Life Financial pay dividends? What is the dividend yield for Sun Life Financial?

Sun Life Financial announced a quarterly dividend on Wednesday, May 5th. Shareholders of record on Wednesday, May 26th will be given a dividend of 0.55 per share on Wednesday, June 30th. This represents a $2.20 annualized dividend and a dividend yield of 3.46%. The ex-dividend date of this dividend is Tuesday, May 25th.
View Sun Life Financial's dividend history.

Is Sun Life Financial a good dividend stock?

Sun Life Financial pays an annual dividend of C$2.20 per share and currently has a dividend yield of 3.43%. The dividend payout ratio of Sun Life Financial is 43.74%. This payout ratio is at a healthy, sustainable level, below 75%.
View Sun Life Financial's dividend history.

What price target have analysts set for SLF?

9 Wall Street analysts have issued 1-year price targets for Sun Life Financial's shares. Their forecasts range from C$55.00 to C$76.00. On average, they anticipate Sun Life Financial's share price to reach C$70.21 in the next year. This suggests a possible upside of 10.5% from the stock's current price.
View analysts' price targets for Sun Life Financial or view top-rated stocks among Wall Street analysts.

Who are Sun Life Financial's key executives?

Sun Life Financial's management team includes the following people:

Mr. Dean Arthur Connor, CEO & Director (Age 64, Pay $3.12M)
Mr. Kevin David Strain C.A., CPA, Pres & Director (Age 55, Pay $1.76M)
Mr. Stephen Clarkson Peacher CFA, Pres of SLC Management (Age 57, Pay $3.45M)
Mr. Daniel Richard Fishbein, Pres of Sun Life U.S.
Mr. Jacques Goulet Jr., Pres, Sun Life Canada
Mr. Manjit Singh, Exec. VP & CFO
Ms. Leigh Chalmers, Sr. VP, Head of Corp. Fin. & Capital Management
Ms. Laura Ann Money, Exec. VP & Chief Information Officer
Yaniv Bitton, VP, Head of Investor Relations & Capital Markets
Mr. Paul O. Petrelli, Chief Compliance Officer & Sr. VP

Who are some of Sun Life Financial's key competitors?

Some companies that are related to Sun Life Financial include Aviva (AV), Direct Line Insurance Group (DLG), E-L Financial (ELF), Hiscox (HSX), Helios Underwriting (HUW), Personal Group (PGH), Echelon Financial Holdings Inc. (EFH.TO) (EFH), FBD (FBH), Assicurazioni Generali (G), AXA (CS), esure Group (ESUR) and Insurance Australia Group (IAG).
View all of SLF's competitors.

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), The 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 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$63.52.

How much money does Sun Life Financial make?

Sun Life Financial has a market capitalization of C$37.19 billion and generates C$38.38 billion in revenue each year.

How many employees does Sun Life Financial have?

Sun Life Financial employs 23,816 workers across the globe.

What is Sun Life Financial's official website?

The official website for Sun Life Financial is www.sunlife.com.

Where are Sun Life Financial's headquarters?

Sun Life Financial is headquartered at Sun Life Assurance Co Of Canada One York Street, TORONTO, ON M5J 0B6, Canada.

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 financial services provider can be reached via phone at +1-416-9794800.

This page was last updated on 6/15/2021 by MarketBeat.com Staff

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