TSE:SLF Sun Life Financial (SLF) Stock Price, News & Analysis C$74.09 -0.41 (-0.55%) (As of 09/6/2024 ET) Add Compare Share Share Today's RangeC$73.76▼C$75.1250-Day RangeC$64.75▼C$74.8952-Week RangeC$61.84▼C$75.23Volume1.74 million shsAverage Volume2.13 million shsMarket CapitalizationC$42.79 billionP/E Ratio14.03Dividend Yield4.37%Price TargetC$76.09 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Sun Life Financial alerts: Email Address Sun Life Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.70 Rating ScoreUpside/Downside2.7% UpsideC$76.09 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.32Based on 6 Articles This WeekInsider TradingSelling SharesC$1.14 M Sold Last QuarterProj. Earnings GrowthN/ASee 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.2.34 out of 5 stars 2.4 Analyst's Opinion Consensus RatingSun Life Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageSun Life Financial has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Sun Life Financial's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for SLF. Previous Next 2.5 Dividend Strength Dividend LeadershipSun Life Financial is a leading dividend payer. It pays a dividend yield of 4.46%, 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 61.36%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Sun Life Financial's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SLF. Previous Next 2.4 News and Social Media Coverage News SentimentSun Life Financial has a news sentiment score of 0.32. 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 lower news sentiment than the 0.51 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Sun Life Financial this week, compared to 2 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 FollowsOnly 3 people have added Sun Life Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sun Life Financial insiders have sold 3,163.78% more of their company's stock than they have bought. Specifically, they have bought C$35,000.00 in company stock and sold C$1,142,324.00 in company stock.Percentage Held by InsidersOnly 0.03% of the stock of Sun Life Financial is held by insiders.Percentage Held by Institutions56.28% 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 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Sun Life Financial is 14.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Sun Life Financial is 14.03, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 414.36.Price to Earnings Growth RatioSun Life Financial has a PEG Ratio of 1.25. 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 Porter & CompanyWhy billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. Click here for my exclusive video 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.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 HeadlinesAugust 17, 2024 | insidertrades.comInsider Buying: Sun Life Financial Inc. (TSE:SLF) Director Purchases 500 Shares of StockSeptember 6 at 4:49 AM | americanbankingnews.comSun Life Financial (TSE:SLF) Given a C$76.00 Price Target at BarclaysSeptember 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.September 4 at 1:47 AM | americanbankingnews.comSun Life Financial Inc. (TSE:SLF) Given Consensus Rating of "Moderate Buy" by AnalystsAugust 22, 2024 | theglobeandmail.comSun Life Financial Inc: Stock Analysis and Market OutlookAugust 15, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Sun Life Financial (SLF), Main Street Capital (MAIN) and UBS Group AG (UBS)August 15, 2024 | markets.businessinsider.comCIBC Reaffirms Their Buy Rating on Sun Life Financial (SLF)August 13, 2024 | theglobeandmail.comSun Life Financial Posts 9% Growth in Q2 2024 Underlying Net IncomeSeptember 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 13, 2024 | theglobeandmail.comSun Life Financial: Stock Analysis & Analyst Forecast on EarningsAugust 13, 2024 | reuters.comSun Life US dental business has quarterly loss but on track to earn $100 mln in 2025August 13, 2024 | msn.comSun Life Financial Analysts Highlight Strong Q2 Earnings, Driven By Canadian, Asian GrowthAugust 12, 2024 | theglobeandmail.comSun Life reports net income of $646-million in second quarterAugust 1, 2024 | finance.yahoo.comSLGI Asset Management Inc. announces changes to Sun Life Schroder Global Mid Cap FundAugust 1, 2024 | finance.yahoo.comSun Life U.S. expands critical illness coverage to include family planning servicesJuly 30, 2024 | msn.comAditya Birla Sun Life Mutual Fund files draft document for Nifty India Defence Index FundJuly 25, 2024 | marketwatch.comSun Life Financial Inc. stock rises Thursday, outperforms marketJuly 24, 2024 | finance.yahoo.comSun Life U.S. expands Health Navigator offering to a broader range of employers, helping more workers access health care servicesSee 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)11/11/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Insurance - Diversified Sub-IndustryInsurance Current SymbolTSE:SLF CUSIPN/A CIKN/A Webwww.sunlife.com Phone+1-416-9794800FaxN/AEmployees29,200Year FoundedN/APrice Target and Rating Average Stock Price TargetC$76.09 High Stock Price TargetC$81.00 Low Stock Price TargetC$72.00 Potential Upside/Downside+2.7%Consensus RatingModerate Buy Rating Score (0-4)2.70 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)C$5.28 Trailing P/E Ratio14.03 Forward P/E Ratio11.15 P/E Growth1.25Net IncomeC$3.08 billion Net Margins9.90% Pretax MarginN/A Return on Equity13.65% Return on Assets0.81% Debt Debt-to-Equity Ratio53.77 Current Ratio65.29 Quick Ratio84,866.00 Sales & Book Value Annual SalesC$31.95 billion Price / Sales1.34 Cash FlowC$170.28 per share Price / Cash Flow0.44 Book ValueC$38.68 per share Price / Book1.92Miscellaneous Outstanding Shares577,570,000Free FloatN/AMarket CapC$42.79 billion OptionableNot Optionable Beta0.93 Ten Starter Stocks For Beginners to Buy NowJust 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 ExecutivesMr. Kevin David Strain C.A. (Age 58)CPA, President, CEO & Director Comp: $3.36MMr. Stephen Clarkson Peacher CFA (Age 60)President of SLC Management Comp: $3.86MMr. Daniel Richard FishbeinPresident of Sun Life U.S.Mr. Jacques Goulet Jr. (Age 57)President of Sun Life Canada Comp: $2.14MMr. Manjit Singh C.A.CPA, President of Sun Life AsiaMr. Timothy DeaconExecutive VP & CFOMs. Laura Ann MoneyExecutive VP and Chief Information & Technology Innovation OfficerMr. David GargSenior VP of Capital Management & Investor RelationsMs. Melissa Jane Kennedy (Age 61)Executive VP and Chief Legal Officer & Public Policy Officer Ms. Anne C. SonnenSenior VP & Chief Compliance OfficerMore ExecutivesKey CompetitorsManulife FinancialTSE:MFCLoblaw CompaniesTSE:LGreat-West LifecoTSE:GWOPerseus MiningTSE:PRUChampion IronTSE:CIAView All CompetitorsInsidersDaniel FishbeinSold 15,999 sharesTotal: C$1.14 M ($71.40/share)Stephanie CoylesBought 500 shares on 8/15/2024Total: C$35,000.00 ($70.00/share)Kevin StrainBought 12,000 shares on 6/4/2024Total: C$809,760.00 ($67.48/share)Stephanie CoylesBought 900 shares on 5/14/2024Total: C$62,235.00 ($69.15/share)Daniel FishbeinSold 16,000 sharesTotal: C$1.19 M ($74.45/share)View All Insider 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 has a dividend yield of 4.69%, providing investors with a steady income stream. The company's return on equity of 13.68% indicates efficient use of shareholder funds to generate profits. Recent insider buying activity, with directors purchasing significant amounts of company stock, can signal confidence in future performance. With a 200-day moving average of C$70.12, the current stock price may present a buying opportunity for investors. Analysts have given Sun Life Financial a consensus rating of "Moderate Buy" with a price target of C$75.73, suggesting potential upside. Cons Investors should be bearish about investing in Sun Life Financial Inc. for these reasons: The company's quarterly earnings report showed a miss on analysts' consensus estimates, indicating potential challenges in meeting expectations. Revenue for the quarter was below analysts' expectations, raising concerns about the company's growth trajectory. Scotiabank, Royal Bank of Canada, and other institutions have lowered their price targets on Sun Life Financial, signaling a cautious outlook. The dividend payout ratio of 62.31% suggests a significant portion of earnings is being distributed as dividends, potentially limiting reinvestment for growth. Two investment analysts have rated the stock as a hold, indicating mixed opinions on the company's future performance. 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 Tuesday, August 20, 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 on January 1st, 2024. Since then, SLF shares have increased by 7.8% and is now trading at C$74.09. View the best growth stocks for 2024 here. How were Sun Life Financial's earnings last quarter? Sun Life Financial Inc. (TSE:SLF) posted its quarterly earnings results on Monday, August, 12th. The financial services provider reported $1.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.58 by $0.13. The financial services provider earned $8.92 billion during the quarter, compared to analyst estimates of $9.18 billion. Sun Life Financial had a net margin of 9.90% and a trailing twelve-month return on equity of 13.65%. 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 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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