NYSE:SLF Sun Life Financial (SLF) Stock Price, News & Analysis $56.59 -0.29 (-0.51%) (As of 09/20/2024 08:55 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Sun Life Financial Stock (NYSE:SLF) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$56.34▼$56.9550-Day Range$47.07▼$56.8852-Week Range$44.57▼$57.20Volume431,600 shsAverage Volume702,730 shsMarket Capitalization$32.81 billionP/E Ratio14.47Dividend Yield4.14%Price TargetN/AConsensus RatingBuy Company OverviewSun 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… Forget Trump and Kamala (Ad)Forget Trump and Kamala. I don't care who you vote for - This calendar is the only thing that matters right now.Download my Dividend Calendar here Sun Life Financial Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 71st PercentileSun Life Financial scored higher than 71% of companies evaluated by MarketBeat, and ranked 462nd out of 905 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's OpinionN/AAnalyst RatingN/A Consensus RatingThere is not enough analysis data for Sun Life Financial.Read more about Sun Life Financial's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth10.49% 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 14.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.38.Price to Earnings Ratio vs. SectorThe P/E ratio of Sun Life Financial is 14.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.15.Price to Earnings Growth RatioSun Life Financial has a PEG Ratio of 1.45. 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 2.03. 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. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted2.01% 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 17, which indicates bearish sentiment.Change versus previous monthShort interest in Sun Life Financial has recently increased by 10.27%, indicating that investor sentiment is decreasing significantly. Dividend3.3 / 5Dividend StrengthStrong Dividend LeadershipSun Life Financial is a leading dividend payer. It pays a dividend yield of 4.16%, 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 59.85%. 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 43.58% 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. Sustainability and ESG3.2 / 5Environmental Score-0.56 Percentage of Shares Shorted2.01% 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 17, which indicates bearish sentiment.Change versus previous monthShort interest in Sun Life Financial has recently increased by 10.27%, indicating that investor sentiment is decreasing significantly. News and Social Media3.8 / 5News Sentiment0.84 News SentimentSun Life Financial has a news sentiment score of 0.84. 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 0.59 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 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 44% compared to the previous 30 days.MarketBeat Follows3 people have added Sun Life Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Company Ownership0.8 / 5Insider TradingN/A 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. SLF Stock News HeadlinesSun Life donates $100,000 to the Vietnam Red Cross in support of Typhoon Yagi relief effortsSeptember 18, 2024 | finance.yahoo.comSun Life Financial (SLF) Receives a Buy from CIBCSeptember 13, 2024 | markets.businessinsider.comForget Trump and KamalaForget Trump and Kamala. I don't care who you vote for - This calendar is the only thing that matters right now.September 23, 2024 | Investors Alley (Ad)Canada's Sun Life names Jessica Tan as president of domestic businessSeptember 11, 2024 | msn.comSun Life Announces Renewal of its Normal Course Issuer BidAugust 26, 2024 | prnewswire.comQ2 2024 Sun Life Financial Inc Earnings Call TranscriptAugust 14, 2024 | gurufocus.comSun Life redeems Series 2019-1 Subordinated Unsecured 2.38% Fixed/Floating DebenturesAugust 13, 2024 | prnewswire.comSun Life Financial Inc. 2024 Q2 - Results - Earnings Call PresentationAugust 13, 2024 | seekingalpha.comSee More Headlines SLF Stock Analysis - Frequently Asked Questions How have SLF shares performed this year? Sun Life Financial's stock was trading at $51.86 at the start of the year. Since then, SLF shares have increased by 9.1% and is now trading at $56.59. View the best growth stocks for 2024 here. How were Sun Life Financial's earnings last quarter? Sun Life Financial Inc. (NYSE:SLF) posted its quarterly earnings results on Monday, August, 12th. The financial services provider reported $1.25 EPS for the quarter, topping 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 net margin of 8.60% and a trailing twelve-month return on equity of 17.47%. Does Sun Life Financial have any subsidiaries? Sun Life Financial subsidiaries include these companies: 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? Top institutional investors of Sun Life Financial 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). Company Calendar Ex-Dividend for 6/28 Dividend5/29/2024Dividend Payable6/28/2024Last Earnings8/12/2024Ex-Dividend for 9/27 Dividend8/28/2024Today9/23/2024Dividend 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 Ratio14.47 Forward P/E Ratio11.64 P/E Growth1.45Net 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$34.42 billion Price / Sales0.95 Cash Flow$4.83 per share Price / Cash Flow11.72 Book Value$27.83 per share Price / Book2.03Miscellaneous Outstanding Shares579,764,000Free FloatN/AMarket Cap$32.81 billion OptionableOptionable Beta1.00 Social Links Should I Buy Sun Life Financial Stock? SLF Pros and Cons Explained 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, September 10, 2024. Please send any questions or comments about these Sun Life Financial pros and cons to contact@marketbeat.com. Sun Life Financial Bull Case Here are some ways that investors could benefit from investing in Sun Life Financial Inc.: Sun Life Financial Inc. stock price is currently trading at $51.58, showing stability and potential for growth. Recent analyst upgrades and raised earnings estimates indicate positive market sentiment towards the company's performance. Consistent dividend payouts with a yield of 4.55% provide investors with a steady income stream. Strong institutional investor interest and increased holdings by reputable firms like AustralianSuper Pty Ltd demonstrate confidence in the company's future prospects. Sun Life Financial Inc.'s global presence and diversified product offerings reduce risk exposure and enhance long-term growth opportunities. Sun Life Financial Bear Case Investors should be bearish about investing in Sun Life Financial Inc. for these reasons: Market volatility and economic uncertainties could impact the financial services sector, affecting Sun Life Financial Inc.'s performance. Competitive pressures in the industry may lead to margin compression and hinder profitability growth for the company. Regulatory changes and compliance requirements could increase operational costs and limit flexibility in business operations. Fluctuations in interest rates and investment returns may influence the company's earnings and financial stability. External factors such as geopolitical events or natural disasters could disrupt global markets and impact Sun Life Financial Inc.'s business operations. 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