S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
BREAKING: The truth about war with China (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
BREAKING: The truth about war with China (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
BREAKING: The truth about war with China (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
BREAKING: The truth about war with China (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
BREAKING: The truth about war with China (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
BREAKING: The truth about war with China (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
BREAKING: The truth about war with China (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
BREAKING: The truth about war with China (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
NYSE:SLF

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

$50.45
-0.07 (-0.14%)
(As of 08/11/2023 08:48 PM ET)
Compare
Today's Range
$50.21
$50.82
50-Day Range
$50.14
$52.80
52-Week Range
$37.96
$53.21
Volume
980,700 shs
Average Volume
480,369 shs
Market Capitalization
$29.61 billion
P/E Ratio
13.86
Dividend Yield
4.38%
Price Target
$73.00

Sun Life Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
44.7% Upside
$73.00 Price Target
Short Interest
Bearish
0.41% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.56
Upright™ Environmental Score
News Sentiment
0.49mentions of Sun Life Financial in the last 14 days
Based on 33 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.10%
From $4.69 to $5.07 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.69 out of 5 stars

Finance Sector

211th out of 864 stocks

Life Insurance Industry

8th out of 21 stocks


SLF stock logo

About Sun Life Financial (NYSE:SLF) Stock

Sun Life Financial Inc., a financial services company, provides savings, retirement, and pension products worldwide. It offers term and permanent life, as well as personal health, dental, critical illness, long-term care, and disability insurance products. The company provides financial advice, asset management, and investments related products. It is also involved in mutual fund and investment management businesses. Sun Life Financial Inc was founded in 1871 and is headquartered in Toronto, Canada.

SLF Price History

SLF Stock News Headlines

[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software"
The Washington Post Reports it's: "A revolution in warfare." The Sunday Times Reports it's: "a revolutionary power." Early investors can reap 5,633% gains as England, Germany, Japan and Australia rush to sign contracts. Get the name of the stock here >>>
Sun Life reports higher second-quarter profit
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Sun Life Reports Second Quarter 2023 Results
Sun Life Financial (SLF) to Release Earnings on Tuesday
RBC Capital Keeps Their Buy Rating on Sun Life Financial (SLF)
See More Headlines
Receive SLF Stock News and Ratings via Email

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SLF Company Calendar

Last Earnings
2/10/2021
Ex-Dividend for 6/30 Dividend
5/30/2023
Dividend Payable
6/30/2023
Today
8/13/2023
Ex-Dividend for 9/29 Dividend
8/29/2023
Dividend Payable
9/29/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Life insurance
Sub-Industry
N/A
Sector
Finance
Employees
29,169
Year Founded
1865

Price Target and Rating

Average Stock Price Forecast
$73.00
High Stock Price Forecast
$78.00
Low Stock Price Forecast
$63.00
Forecasted Upside/Downside
+44.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$2.50 billion
Pretax Margin
9.09%

Debt

Sales & Book Value

Annual Sales
$17.94 billion
Cash Flow
$4.51 per share
Book Value
$29.39 per share

Miscellaneous

Free Float
N/A
Market Cap
$29.61 billion
Optionable
Optionable
Beta
1.01

Social Links

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Key Executives

  • Mr. Kevin David Strain C.A. (Age 57)
    CPA, Pres, CEO & Director
    Comp: $2.03M
  • Mr. Manjit Singh C.A.
    CPA, Exec. VP & CFO
  • Mr. Stephen Clarkson Peacher CFA (Age 59)
    Pres of SLC Management
    Comp: $2.56M
  • Mr. Daniel Richard Fishbein
    Pres of Sun Life U.S.
  • Mr. Jacques Goulet Jr. (Age 57)
    Pres of Sun Life Canada
    Comp: $1.18M
  • Ms. Leigh Chalmers
    Sr. VP and Head of Corp. Fin. & Capital Management
  • Ms. Laura Ann Money
    Exec. VP and Chief Information & Technology Innovation Officer
  • Mr. David Garg
    Sr. VP of Corp. Devel. & Investor Relations
  • Ms. Melissa Jane Kennedy (Age 60)
    Exec. VP and Chief Legal Officer & Public Affairs
  • Ms. Anne C. Sonnen
    Sr. VP & Chief Compliance Officer













SLF Stock - Frequently Asked Questions

Should I buy or sell Sun Life Financial stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sun Life Financial in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SLF shares.
View SLF analyst ratings
or view top-rated stocks.

What is Sun Life Financial's stock price forecast for 2023?

3 brokers have issued 12 month price objectives for Sun Life Financial's shares. Their SLF share price forecasts range from $63.00 to $78.00. On average, they anticipate the company's stock price to reach $73.00 in the next year. This suggests a possible upside of 44.7% from the stock's current price.
View analysts price targets for SLF
or view top-rated stocks among Wall Street analysts.

How have SLF shares performed in 2023?

Sun Life Financial's stock was trading at $46.42 on January 1st, 2023. Since then, SLF stock has increased by 8.7% and is now trading at $50.45.
View the best growth stocks for 2023 here
.

Are investors shorting Sun Life Financial?

Sun Life Financial saw a increase in short interest in July. As of July 31st, there was short interest totaling 2,410,000 shares, an increase of 14.2% from the July 15th total of 2,110,000 shares. Based on an average daily volume of 428,900 shares, the days-to-cover ratio is presently 5.6 days. Approximately 0.4% of the shares of the stock are sold short.
View Sun Life Financial's Short Interest
.

When is Sun Life Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our SLF earnings forecast
.

How were Sun Life Financial's earnings last quarter?

Sun Life Financial Inc. (NYSE:SLF) released its earnings results on Wednesday, February, 10th. The financial services provider reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.51. The financial services provider earned $8.94 billion during the quarter. Sun Life Financial had a net margin of 7.28% and a trailing twelve-month return on equity of 15.10%. During the same period in the prior year, the firm earned $1.34 EPS.

How often does Sun Life Financial pay dividends? What is the dividend yield for Sun Life Financial?

Sun Life Financial announced a quarterly dividend on Tuesday, August 8th. Investors of record on Wednesday, August 30th will be given a dividend of $0.566 per share on Friday, September 29th. This represents a $2.26 annualized dividend and a yield of 4.49%. The ex-dividend date is Tuesday, August 29th. This is a positive change from the stock's previous quarterly dividend of $0.55.
Read our dividend analysis for SLF
.

Is Sun Life Financial a good dividend stock?

Sun Life Financial (NYSE:SLF) pays an annual dividend of $2.21 per share and currently has a dividend yield of 4.39%. SLF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 60.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLF will have a dividend payout ratio of 43.59% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SLF.

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.

What other stocks do shareholders of Sun Life Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sun Life Financial investors own include AT&T (T), Energy Transfer (ET), Verizon Communications (VZ), Pfizer (PFE), Bank of America (BAC), Manulife Financial (MFC), Johnson & Johnson (JNJ), Ford Motor (F), Intel (INTC) and Altria Group (MO).

What is Sun Life Financial's stock symbol?

Sun Life Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "SLF."

Who are Sun Life Financial's major shareholders?

Sun Life Financial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Mackenzie Financial Corp (2.56%), TD Asset Management Inc (1.98%), Bank of Nova Scotia (1.69%), The Manufacturers Life Insurance Company (1.24%), National Bank of Canada FI (1.11%) and MUFG Securities EMEA plc (0.91%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Sun Life Financial's stock price today?

One share of SLF stock can currently be purchased for approximately $50.45.

How much money does Sun Life Financial make?

Sun Life Financial (NYSE:SLF) has a market capitalization of $29.61 billion and generates $17.94 billion in revenue each year. The financial services provider earns $2.50 billion in net income (profit) each year or $3.64 on an earnings per share basis.

How many employees does Sun Life Financial have?

The company employs 29,169 workers across the globe.

Does Sun Life Financial have any subsidiaries?
The following companies are subsidiares of Sun Life Financial: 0936543 BC Ltd., 10458465 Canada Inc., 10458481 Canada Inc., 3060097 Nova Scotia Company, 6324983 Canada Inc., 6425411 Canada Inc., 6965083 Canada Inc., 7037457 Canada Inc., 7647913 Canada Inc., 7647930 Canada Inc., Aditya Birla Sun Life AMC Limited, Aditya Birla Sun Life Insurance Company Limited, Annemasse Boisbriand Holdings L.P., BK Canada Holdings Inc., BK Prime GP Holdco Inc., BKC Capital Inc., BKCB Services Ltd., BKCG Services Ltd., BKCP Residential G.P. LTD., BKCP Residential Limited Partnership Manitoba, BKCP Retail G.P. LTD., BKCP Retail Limited Partnership Manitoba, BKCP SS G.P. LTD., BKCP SS Limited Partnership Manitoba, BKUS Institutional Logistics Coinvestment LLC California, Barnwood Properties Limited, Bentall Kennedy (Canada) G.P. Ltd., Bentall Kennedy (Canada) Limited Partnership, Bentall Kennedy (U.S.) G.P. LLC, Bentall Kennedy (U.S.) Limited Partnership, Bentall Kennedy Holdings LLC, Bentall Kennedy Luxembourg Holdings Ltd., Bentall Property Services (Ontario) Ltd., BestServe Financial Limited, Country Lane Enterprises Ltd., Dental Health Alliance, Denticare of Alabama, Disability Reinsurance Management Services, Independence Life and Annuity Company, Kennedy Management Investors LLC, Landmark Dental Alliance, Laurtrust Limited, MFS Bermuda Holdings Ltd., MFS Development Funds, MFS Exchange LLC, MFS Financial Management Consulting (Shanghai) Co, MFS Fund Distributors, MFS Heritage Trust Company, MFS Institutional Advisors, MFS International (Chile) SpA, MFS International (Hong Kong) Limited, MFS International (U.K.) Limited, MFS International Australia Pty Ltd Victoria, MFS International Holdings Pty Ltd, MFS International Ltd., MFS International Singapore Pte. Ltd., MFS International Switzerland GmbH, MFS Investment Management Canada Limited, MFS Investment Management Company (LUX) S.a.r.l., MFS Investment Management K.K., MFS Service Center, MFS do Brasil Desenvolvimento de Mercado Ltda., Massachusetts Financial Services Company, Maxwell Health, NewTower Management GP LLC, NewTower Management LLC, NewTower Trust Company, PT. Sun Life Financial, PT. Sun Life Indonesia Services, Prime Advisors, Professional Insurance Company Texas, Rushmore Partners LLC, Ryan Labs Asset Management Inc., Ryan Labs Fund Management, Ryan Labs TIPS Partners, SL Finance 2007-1, SL Investment 2007-1 ULC, SL Investment US-RE Holdings 2009-1, SLF of Canada UK Limited, SLFC Services Company (UK) Limited, SLI General Partner Limited, SLI Investments LP Manitoba, Solidify Software, Sun 521, Sun Canada Financial Co., Sun Life (India) AMC Investments Inc., Sun Life (India) Distribution Investments Inc., Sun Life (Luxembourg) Finance No. 1 Sarl, Sun Life (Luxembourg) Finance No. 2 Sarl, Sun Life 2007-1 Financing Corp., Sun Life Administrators (U.S.), Sun Life Asset Management (HK) Limited, Sun Life Asset Management Company, Sun Life Assurance Company of Canada, Sun Life Assurance Company of Canada (Barbados) Limited, Sun Life Assurance Company of Canada (U.K.) Limited, Sun Life Assurance Company of Canada - U.S. Operations Holdings, Sun Life Capital Trust, Sun Life Capital Trust II, Sun Life Everbright Life Insurance Company Limited Tianjin, Sun Life Financial (Bermuda) Reinsurance Ltd., Sun Life Financial (India) Insurance Investments Inc., Sun Life Financial (Japan), Sun Life Financial (U.S.) Finance, Sun Life Financial (U.S.) Finance, Sun Life Financial (U.S.) Holdings, Sun Life Financial (U.S.) Investments LLC, Sun Life Financial (U.S.) Reinsurance Company, Sun Life Financial (U.S.) Reinsurance Company II, Sun Life Financial (U.S.) Services Company, Sun Life Financial Advisory Inc., Sun Life Financial Asia Services Limited, Sun Life Financial Distributors, Sun Life Financial Distributors (Bermuda) Ltd., Sun Life Financial Distributors (Canada) Inc., Sun Life Financial Holdings (HK) Limited, Sun Life Financial International Holdings (MC), Sun Life Financial Investment Services (Canada) Inc., Sun Life Financial Investments (Bermuda) Ltd., Sun Life Financial Philippine Holding Company, Sun Life Financial Plans, Sun Life Financial Trust Inc., Sun Life Financial of Canada (U.K.) Overseas Investments Limited, Sun Life Global Investments (Canada) Inc., Sun Life Global Investments Inc., Sun Life Grepa Financial, Sun Life Hong Kong Limited, Sun Life Hong Kong Services Limited, Sun Life India Service Centre Private Limited, Sun Life Information Services, Sun Life Information Services Ireland Limited, Sun Life Institutional Distributors (U.S.) LLC, Sun Life Institutional Investments (Canada) Inc., Sun Life Institutional Investments (U.S.) LLC, Sun Life Insurance (Canada) Limited, Sun Life Investment Holdings (HK) Limited, Sun Life Investment Management U.S., Sun Life Investments LLC, Sun Life Malaysia Assurance Berhad, Sun Life Malaysia Takaful Berhad, Sun Life Management Holdings (HK) Limited, Sun Life Pension Trust Limited, Sun Life Trustee Company Limited, Sun Life Vietnam Insurance Company Limited, Sun Life and Health Insurance Company (U.S.), Sun Life of Canada (Netherlands) B.V., Sun Life of Canada (Philippines), Sun Life of Canada (U.S.) Financial Services Holdings, Sun Life of Canada (U.S.) Holdings, Sun Life of Canada International Assurance Limited, Sun Life of Canada UK Holdings Limited, SynchroSERV Inc., SynchroSERV Limited Partnership, The Premier Dental Group, UDC Dental, Union Security DentalCare of Georgia, Union Security DentalCare of New Jersey, United Dental Care of Arizona, United Dental Care of Colorado, United Dental Care of Michigan, United Dental Care of Missouri, United Dental Care of New Mexico, United Dental Care of Texas, United Dental Care of Utah, and Vuzion.
Read More
How can I contact Sun Life Financial?

Sun Life Financial's mailing address is 1 YORK STREET 31ST FLOOR, TORONTO A6, M5J 0B6. The official website for the company is www.sunlife.com. The financial services provider can be reached via phone at (416) 979-9966, via email at investor.relations@sunlife.com, or via fax at 416-979-3209.

This page (NYSE:SLF) was last updated on 8/14/2023 by MarketBeat.com Staff

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