Sun Life Financial - SLF Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sun Life Financial in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SLF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SLF, but not buy additional shares or sell existing shares.
View SLF analyst ratings or view top-rated stocks.

12 brokerages have issued twelve-month price targets for Sun Life Financial's stock. Their SLF share price forecasts range from C$27.00 to C$78.00. On average, they predict the company's share price to reach C$65.92 in the next twelve months. This suggests a possible upside of 19.8% from the stock's current price.
View analysts price targets for SLF or view top-rated stocks among Wall Street analysts.

Sun Life Financial's stock was trading at C$70.41 on January 1st, 2022. Since then, SLF shares have decreased by 21.9% and is now trading at C$55.02.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our SLF earnings forecast.

Sun Life Financial Inc. (TSE:SLF) released its quarterly earnings data on Wednesday, August, 3rd. The financial services provider reported $1.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.40 by $0.12. The financial services provider had revenue of $2.01 billion for the quarter.

Sun Life Financial announced a quarterly dividend on Wednesday, August 3rd. Shareholders of record on Wednesday, August 24th will be paid a dividend of 0.69 per share on Thursday, September 29th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 5.02%.
Read our dividend analysis for SLF.

Sun Life Financial (TSE:SLF) pays an annual dividend of C$2.56 per share and currently has a dividend yield of 4.98%. SLF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 40.19%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SLF.

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).

Sun Life Financial trades on the Toronto Stock Exchange (TSX) under the ticker symbol "SLF."

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.
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One share of SLF stock can currently be purchased for approximately C$55.02.

Sun Life Financial (TSE:SLF) has a market capitalization of C$32.25 billion and generates C$23.90 billion in revenue each year.

The company employs 40,600 workers across the globe.

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.