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.

Overall MarketRank^™

1.56 out of 5 stars

2.4 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 6.1% from its current price of C$66.20.
Amount of Analyst Coverage
Sun Life Financial has been the subject of 8 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 3.33%, 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 53.68%. 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$4,547,111.00 in company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Sun Life Financial is 16.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sun Life Financial is 16.15, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 23.27.
Price to Earnings Growth Ratio
Sun Life Financial has a PEG Ratio of 1.15. 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 1.64. 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 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 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Sun Life Financial wasn't one of them. MarketBeat thinks these five stocks 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 Thursday, August 5th 2021.
View our earnings forecast for Sun Life Financial.

How were Sun Life Financial's earnings last quarter?

Sun Life Financial Inc. (TSE:SLF) announced its quarterly earnings data on Wednesday, February, 10th. The financial services provider reported $1.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.38 by $0.09. The financial services provider had revenue of $11.65 billion for the quarter.
View Sun Life Financial's earnings history.

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

Sun Life Financial's stock was trading at C$50.78 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SLF shares have increased by 30.4% and is now trading at C$66.20.
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 3.32%. 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 3.33%. The dividend payout ratio of Sun Life Financial is 53.68%. 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 brokerages have issued 1-year target prices 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 twelve months. This suggests a possible upside of 6.1% 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 Financial - United States
Mr. Jacques Goulet Jr., Pres of Sun Life Financial Canada
Mr. Manjit Singh, Exec. VP & CFO
Ms. Laura Ann Money, Exec. VP & Chief Information Officer
Ms. Leigh Chalmers, Sr. VP, Head of Investor Relations & Capital Management
Mr. Paul O. Petrelli, Chief Compliance Officer & Sr. VP
Ms. Melissa Jane Kennedy, Exec. VP and Chief Legal Officer & Public Affairs

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$66.20.

How much money does Sun Life Financial make?

Sun Life Financial has a market capitalization of C$38.75 billion and generates C$43.34 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 5/9/2021 by MarketBeat.com Staff

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