Sun Life Financial (SLF) Stock Price, News & Analysis

Company Overview

Sun Life Financial is one of Canada's Big Three life insurance companies along with Great-West Lifeco and Manulife. Sun Life provides insurance, retirement, and wealth-management services to individual and corporate customers in Canada, the United States, and Asia. It also owns MFS Investment Management, a Boston-based asset-management firm. Sun Life generates about a third of its profit from asset-management operations.

Key Stats

• Today's Range: C$83.79 to C$85.35
• 50-Day Range: C$77.20 to C$87.98
• 52-Week Range: C$64.38 to C$88.54
• Volume: 4.68 million shs
• Average Volume: 2.13 million shs
• Market Capitalization: C$48.80 billion
• P/E Ratio: 16.03
• Dividend Yield: 3.83%
• Price Target: C$84.18
• Consensus Rating: Moderate Buy

Sun Life Financial Stock Analysis - MarketRank™

Sun Life Financial scored higher than 27% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Sun 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 Coverage

Sun Life Financial has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Sun Life Financial is 16.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sun Life Financial is 16.03, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 435.20.

Price to Earnings Growth Ratio

Sun Life Financial has a PEG Ratio of 1.33. 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 2.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SLF.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Sun Life Financial is a leading dividend payer. It pays a dividend yield of 4.10%, putting its dividend yield in the top 25% of dividend-paying stocks.

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 61.36%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for SLF.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: N/A

News Sentiment

Sun Life Financial has a news sentiment score of 0.67. 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 news sentiment score is similar to the average news sentiment of Financial Services companies.

Search Interest

Only 4 people have searched for SLF on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Sun Life Financial insiders have sold 1,379.68% more of their company's stock than they have bought. Specifically, they have bought C$492,014.00 in company stock and sold C$7,280,232.00 in company stock.

Percentage Held by Insiders

Only 0.03% of the stock of Sun Life Financial is held by insiders.

Percentage Held by Institutions

56.45% 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.

SLF Stock Analysis - Frequently Asked Questions

How have SLF shares performed this year?

Sun Life Financial's stock was trading at C$68.72 at the beginning of 2024. Since then, SLF shares have increased by 23.2% and is now trading at C$84.65.
View the best growth stocks for 2024 here.

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), Toronto-Dominion Bank (TD), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), Royal Bank of Canada (RY) and AbbVie (ABBV).

Company Calendar

• Ex-Dividend for 9/27 Dividend: 8/28/2024
• Dividend Payable: 9/27/2024
• Ex-Dividend for 12/31 Dividend: 11/27/2024
• Today: 12/20/2024
• Dividend Payable: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Insurance - Diversified
• Sub-Industry: Insurance
• Current Symbol: TSE:SLF
• CUSIP: N/A
• CIK: N/A
• Web: www.sunlife.com
• Phone: +1-416-9794800
• Fax: N/A
• Employees: 29,200
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$84.18
• High Stock Price Target: C$96.00
• Low Stock Price Target: C$73.00
• Potential Upside/Downside: -0.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.70
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$5.28
• Trailing P/E Ratio: 16.03
• Forward P/E Ratio: 12.23
• P/E Growth: 1.33
• Net Income: C$3.08 billion
• Net Margins: 9.90%
• Pretax Margin: N/A
• Return on Equity: 13.65%
• Return on Assets: 0.81%

Debt

• Debt-to-Equity Ratio: 53.77
• Current Ratio: 65.29
• Quick Ratio: 84,866.00

Sales & Book Value

• Annual Sales: C$31.95 billion
• Price / Sales: 1.53
• Cash Flow: C$194.55 per share
• Price / Cash Flow: 0.44
• Book Value: C$38.68 per share
• Price / Book: 2.19

Miscellaneous

• Outstanding Shares: 576,490,000
• Free Float: N/A
• Market Cap: C$48.80 billion
• Optionable: Not Optionable
• Beta: 0.94