NYSE:SLF Sun Life Financial (SLF) Stock Price, News & Analysis $54.62 -0.51 (-0.93%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$54.33▼$55.5950-Day Range$47.07▼$55.4352-Week Range$44.57▼$55.65Volume465,686 shsAverage Volume804,416 shsMarket Capitalization$31.55 billionP/E Ratio13.97Dividend Yield4.30%Price TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Sun Life Financial alerts: Email Address Sun Life Financial MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish1.81% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.56Upright™ Environmental ScoreNews Sentiment1.02Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth10.49%From $4.86 to $5.37 Per ShareSee Full Details Hide Full Details 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.3.16 out of 5 starsFinance Sector420th out of 871 stocksLife Insurance Industry11th out of 20 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Sun Life Financial.Read more about Sun Life Financial's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted1.81% of the float of Sun Life Financial has been sold short.Short Interest Ratio / Days to CoverSun Life Financial has a short interest ratio ("days to cover") of 14.3, which indicates bearish sentiment.Change versus previous monthShort interest in Sun Life Financial has recently increased by 94.45%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipSun Life Financial is a leading dividend payer. It pays a dividend yield of 4.24%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSun Life Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Sun Life Financial is 60.10%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Sun Life Financial will have a dividend payout ratio of 43.76% next year. This indicates that Sun Life Financial will be able to sustain or increase its dividend.Read more about Sun Life Financial's dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSun Life Financial has received a 33.15% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Pension funding services", "Life insurance services for individuals", and "Real estate funds" products. See details.Environmental SustainabilityThe Environmental Impact score for Sun Life Financial is -0.56. Previous Next 3.9 News and Social Media Coverage News SentimentSun Life Financial has a news sentiment score of 1.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Sun Life Financial this week, compared to 4 articles on an average week.Search Interest13 people have searched for SLF on MarketBeat in the last 30 days. This is an increase of 333% compared to the previous 30 days.MarketBeat Follows2 people have added Sun Life Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sun Life Financial insiders have not sold or bought any company stock.Percentage Held by Institutions52.26% of the stock of Sun Life Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Sun Life Financial's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Sun Life Financial are expected to grow by 10.49% in the coming year, from $4.86 to $5.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sun Life Financial is 13.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Sun Life Financial is 13.97, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.64.Price to Earnings Growth RatioSun Life Financial has a PEG Ratio of 1.42. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSun Life Financial has a P/B Ratio of 1.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Sun Life Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Golden CrestBiden's Successor: The Radical Threat to YOUR Savings!Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.>> Get Your FREE Wealth Protection Guide << About Sun Life Financial Stock (NYSE: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.Read More SLF Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SLF Stock News HeadlinesSeptember 6 at 4:53 AM | americanbankingnews.comSun Life Financial (NYSE:SLF) Receives New Coverage from Analysts at BarclaysAugust 26, 2024 | prnewswire.comSun Life Announces Renewal of its Normal Course Issuer BidSeptember 7, 2024 | Golden Crest (Ad)Biden's Successor: The Radical Threat to YOUR Savings!Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.August 14, 2024 | gurufocus.comQ2 2024 Sun Life Financial Inc Earnings Call TranscriptAugust 13, 2024 | prnewswire.comSun Life redeems Series 2019-1 Subordinated Unsecured 2.38% Fixed/Floating DebenturesAugust 13, 2024 | seekingalpha.comSun Life Financial Inc. 2024 Q2 - Results - Earnings Call PresentationAugust 13, 2024 | seekingalpha.comSun Life Financial: The Asia Expansion Is Better Than I ThoughtAugust 13, 2024 | investorplace.comSLF Stock Earnings: Sun Life Financial Beats EPS, Beats Revenue for Q2 2024September 7, 2024 | Golden Crest (Ad)Biden's Successor: The Radical Threat to YOUR Savings!Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.August 12, 2024 | msn.comSun Life reports net income of $646 million in second quarterAugust 12, 2024 | msn.comSun Life quarterly profit rises on strong growth in Canada and Asian regionAugust 12, 2024 | prnewswire.comSun Life Announces Intention to Renew Normal Course Issuer BidAugust 12, 2024 | prnewswire.comSun Life declares dividends on Common and Preferred Shares payable in Q3 2024August 12, 2024 | prnewswire.comSun Life Reports Second Quarter 2024 ResultsAugust 12, 2024 | benzinga.comSun Life Financial (NYSE:SLF) Stock Quotes, Forecast and News SummaryAugust 10, 2024 | nz.finance.yahoo.comSun Life Financial Inc. (SLF.TO)July 31, 2024 | prnewswire.comSun Life appoints Patrick Cronin and Stacey Madge to Board of DirectorsJuly 29, 2024 | prnewswire.comSun Life hosts second quarter 2024 earnings conference callSee 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. Email Address Company Calendar Ex-Dividend for 6/28 Dividend5/29/2024Dividend Payable6/28/2024Last Earnings8/12/2024Ex-Dividend for 9/27 Dividend8/28/2024Today9/07/2024Dividend Payable9/27/2024Next Earnings (Estimated)11/11/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Life insurance Sub-IndustryInsurance Current SymbolNYSE:SLF CUSIPN/A CIK1097362 Webwww.sunlife.com Phone(416) 979-9966Fax416-979-3209Employees30,941Year Founded1865Profitability EPS (Most Recent Fiscal Year)$3.91 Trailing P/E Ratio13.97 Forward P/E Ratio11.22 P/E Growth1.4Net Income$2.48 billion Net Margins8.60% Pretax Margin11.08% Return on Equity17.47% Return on Assets1.16% Debt Debt-to-Equity Ratio0.32 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$30.20 billion Price / Sales1.04 Cash Flow$4.83 per share Price / Cash Flow11.30 Book Value$27.83 per share Price / Book1.96Miscellaneous Outstanding Shares577,570,000Free FloatN/AMarket Cap$31.55 billion OptionableOptionable Beta1.00 Social Links 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Kevin David Strain C.A. (Age 58)CPA, President, CEO & Director Comp: $2.47MMr. Stephen Clarkson Peacher CFA (Age 60)President of SLC Management Comp: $2.85MMr. Daniel Richard FishbeinPresident of Sun Life U.S.Mr. Jacques Goulet Jr. (Age 57)President of Sun Life Canada Comp: $1.58MKey CompetitorsChubbNYSE:CBManulife FinancialNYSE:MFCWillis Towers Watson PublicNASDAQ:WTWPrudentialNYSE:PUKPrincipal Financial GroupNYSE:PFGView All CompetitorsInstitutional OwnershipClearbridge Investments LLCSold 16,566 shares on 8/27/2024Ownership: 0.047%Cetera Investment AdvisersSold 9,573 shares on 8/22/2024Ownership: 0.009%Truist Financial CorpSold 795 shares on 8/21/2024Ownership: 0.001%Pathway Financial Advisers LLCBought 1,831 shares on 8/20/2024Ownership: 0.004%Point72 Asset Management L.P.Bought 21,000 shares on 8/19/2024Ownership: 0.004%View All Institutional Transactions 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 recently raised its Q4 2024 earnings estimates, indicating positive growth potential. Analysts have set a new price target for Sun Life Financial Inc., suggesting confidence in the company's performance. The company has a strong dividend yield of 4.55%, providing investors with a steady income stream. Recent institutional trading activities show increased interest from large investors, indicating confidence in the company's future prospects. Despite market fluctuations, Sun Life Financial Inc. has maintained a stable price-to-earnings ratio, reflecting financial stability. Cons Investors should be bearish about investing in Sun Life Financial Inc. for these reasons: The company's revenue for the last quarter was below analyst estimates, indicating potential challenges in revenue generation. While the dividend payout ratio is reasonable, the recent dividend increase may impact the company's cash reserves in the long term. Sun Life Financial Inc.'s stock price has been fluctuating, potentially leading to uncertainty for short-term investors. The company's net margin of 8.94% may raise concerns about profitability compared to industry peers. Market volatility and economic uncertainties could impact Sun Life Financial Inc.'s performance and stock price in the near future. 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 Thursday, August 22, 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 $51.86 on January 1st, 2024. Since then, SLF shares have increased by 5.3% and is now trading at $54.62. View the best growth stocks for 2024 here. How were Sun Life Financial's earnings last quarter? Sun Life Financial Inc. (NYSE:SLF) released its quarterly earnings data on Monday, August, 12th. The financial services provider reported $1.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.18 by $0.07. The financial services provider had revenue of $6.52 billion for the quarter, compared to analysts' expectations of $6.72 billion. Sun Life Financial had a trailing twelve-month return on equity of 17.47% and a net margin of 8.60%. What is Dean Connor's approval rating as Sun Life Financial's CEO? 58 employees have rated Sun Life Financial Chief Executive Officer Dean Connor on Glassdoor.com. Dean Connor has an approval rating of 99% among the company's employees. This puts Dean Connor in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. Does Sun Life Financial have any subsidiaries? The following companies are subsidiaries of Sun Life Financial: Maxwell Health, 0936543 BC Ltd., 10458465 Canada Inc., 10458481 Canada Inc., 3060097 Nova Scotia Company, 6324983 Canada Inc., 6425411 Canada Inc., and others. Who are Sun Life Financial's major shareholders? Sun Life Financial's top institutional investors include TD Asset Management Inc (2.78%), Mackenzie Financial Corp (2.54%), 1832 Asset Management L.P. (1.77%) and The Manufacturers Life Insurance Company (1.49%). View institutional ownership trends. How do I buy shares of Sun Life Financial? Shares of SLF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. 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 AT&T (T), Energy Transfer (ET), Verizon Communications (VZ), Pfizer (PFE), Bank of America (BAC), Manulife Financial (MFC) and Johnson & Johnson (JNJ). This page (NYSE:SLF) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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