Sun Life Financial Inc. (SLF)
| Market Cap | 30.24B |
| Revenue (ttm) | 23.08B |
| Net Income (ttm) | 2.28B |
| Shares Out | 584.62M |
| EPS (ttm) | 3.88 |
| PE Ratio | 13.31 |
| Forward PE | 7.50 |
| Dividend | $2.37 (4.58%) |
| Ex-Dividend Date | May 29, 2024 |
| Volume | 286,416 |
| Open | 51.58 |
| Previous Close | 51.50 |
| Day's Range | 51.33 - 51.84 |
| 52-Week Range | 44.57 - 55.46 |
| Beta | 0.96 |
| Analysts | Buy |
| Price Target | 77.00 (+48.94%) |
| Earnings Date | May 9, 2024 |
About 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... [Read more]
Financial Performance
In 2023, SLF's revenue was 30.83 billion, an increase of 11.00% compared to the previous year's 27.77 billion. Earnings were 3.09 billion, an increase of 7.49%.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to one analyst, the rating for SLF stock is "Buy" and the 12-month stock price forecast is $77.0.
News
Sun Life to host Investor Day in Toronto
TORONTO , May 14, 2024 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) ("the Company") will host an Investor Day in Toronto on November 13, 2024. The event will feature updates on the Co...
Sun Life announces election of directors
TORONTO , May 10, 2024 /PRNewswire/ - Sun Life Financial Inc. (the "Company") (TSX: SLF) (NYSE: SLF) announced that the 11 nominees listed in the management information circular dated March 15, 2024 w...
Sun Life shares slump with U.S. dental biz recovering only in 2025
Shares of Sun Life Financial fell nearly 6% on Friday after Canada's No. 2 insurer missed quarterly profit estimates due to weakness in its dental insurance business in the United States, with CEO Kev...
Sun Life increases Common Share dividend and declares dividends on Preferred Shares payable in Q2 2024
TORONTO , May 9, 2024 /PRNewswire/ - The Board of Directors (the "Board") of Sun Life Financial Inc. (the "Company") (TSX: SLF) (NYSE: SLF) today announced that a dividend of $0.81 per share on the co...
Sun Life Reports First Quarter 2024 Results
Sun Life Financial Inc. ("SLF Inc."), its subsidiaries and, where applicable, its joint ventures and associates are collectively referred to as "the Company", "Sun Life", "we", "our", and "us". We man...
Sun Life announces partnership with UKG to automate and simplify absence management for employers
WELLESLEY, Mass. , May 6, 2024 /PRNewswire/ -- Sun Life U.S. , a leading provider of group benefits and health services, today announced a new technology partnership with UKG , a leading provider of H...
Sun Life hosts first quarter 2024 earnings conference call
TORONTO , April 24, 2024 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) will release its first quarter 2024 financial results on Thursday, May 9, 2024 after markets close. Sun Life will...
What we do, and how we do it, matters: Sun Life releases 2023 Sustainability Report
Report describes company's sustainability actions and impacts which help Clients achieve lifetime financial security and live healthier lives. TORONTO, March 26, 2024 /PRNewswire/ - Sun Life Financial...
Sun Life announces Annual Meetings of shareholders and voting policyholders and availability of 2023 Annual Report, 2024 Management Information Circular and 2024 Information for Voting Policyholders' Booklet
TORONTO , March 26, 2024 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) (the "Company") today announced that its Annual Meeting of shareholders and the Annual Meeting of voting policyho...
Sun Life names Timothy Deacon as Chief Financial Officer
TORONTO , March 25, 2024 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) is pleased to announce the appointment of Timothy (Tim) Deacon as Executive Vice-President and Chief Financial Of...
Sun Life receives USA Today Top Place to Work award for fourth consecutive year
WELLESLEY, Mass. , March 21, 2024 /PRNewswire/ -- Sun Life U.S. has been named a USA Today Top Place to Work, a recognition formerly known as Top Workplaces USA, for the fourth consecutive year.
Sun Life U.S. now offers Family Leave Insurance in Florida to help more workers access paid leave benefits to care for loved ones
WELLESLEY, Mass. , March 19, 2024 /PRNewswire/ -- Sun Life U.S. has expanded its Family Leave Insurance (FLI) offering to Florida, with more states on the way.
Dan Fishbein to speak at National Bank Financial Markets 22nd Annual Financial Services Conference
TORONTO , March 13, 2024 /PRNewswire/ - Dan Fishbein, President, Sun Life U.S., will participate in a fireside chat at the National Bank Financial Markets 22nd Annual Financial Services Conference. Da...
Sun Life reports shows clinical intervention programs in group benefits improve health outcomes and help people return to work
WELLESLEY, Mass. , Feb. 28, 2024 /PRNewswire/ -- Sun Life U.S. has released reports from two clinical intervention programs offered to eligible members receiving disability or critical illness benefit...
AM Best Upgrades Credit Ratings of Independence Life and Annuity; Affirms Credit Ratings of Sun Life Financial and Most of Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a”...
Sun Life U.S. named by Forbes as one of America's Best Large Employers
WELLESLEY, Mass. , Feb. 20, 2024 /PRNewswire/ -- Sun Life U.S. has been named one of America's Best Large Employers 2024 by Forbes, building on previous Forbes recognitions including Best Employers fo...
Sun Life: Tax credit legislation gives boost to paid leave and businesses should embrace that
WELLESLEY, Mass. , Feb. 15, 2024 /PRNewswire/ -- The Paid Family and Medical Leave Tax Credit Extension and Enhancement Act introduced by Senators Deb Fischer of Nebraska and Angus King of Maine will ...
Sun Life U.S. now offers Family Leave Insurance to help more workers access paid leave benefits to care for loved ones
WELLESLEY, Mass. , Feb. 14, 2024 /PRNewswire/ -- Sun Life U.S. is offering Family Leave Insurance (FLI) in Alabama, Arkansas, Tennessee, and Texas, with more states on the way.
Sun Life declares dividends on Common and Preferred Shares payable in Q1 2024
TORONTO , Feb. 7, 2024 /PRNewswire/ - The Board of Directors (the "Board") of Sun Life Financial Inc. (the "Company") (TSX: SLF) (NYSE: SLF) today announced that a dividend of $0.78 per share on the c...
Sun Life Reports Fourth Quarter and Full Year 2023 Results
The information in this document is based on the unaudited interim financial results of Sun Life Financial Inc. ("SLF Inc.") for the period ended December 31, 2023. SLF Inc., its subsidiaries and, whe...
Sun Life partners with Somatus to provide comprehensive services for late-stage kidney disease and cardiovascular care
WELLESLEY, Mass. , Feb. 6, 2024 /PRNewswire/ -- Sun Life U.S. has named Somatus as a preferred partner to further support the company's strategy to increase access to care while managing rising costs.
Sun Life diabetes "Team Up" grant program relaunches as "Health Access" program, recognizing community organizations that broaden access to health services
WELLESLEY, Mass. , Feb. 2, 2024 /PRNewswire/ -- Sun Life U.S. is re-launching its grant program in 2024 as the Sun Life Health Access grant program, aligning with the company's commitment to broadenin...
Sun Life U.S. expands Health Navigator offering to group benefits clients to help more workers access healthcare
WELLESLEY, Mass. , Jan. 31, 2024 /PRNewswire/ -- Sun Life U.S. is now offering its healthcare navigation and advisory service to the large employer group benefits market, broadening employees' access ...
Sun Life and Virtual Me Partner to Expand Telehealth Services to Include Health Navigation
SAN DIEGO & WELLESLEY, Mass.--(BUSINESS WIRE)--Sun Life and Virtual Me Partner to Expand Telehealth Services to include Health Navigation.
Sun Life hosts fourth quarter 2023 earnings conference call
TORONTO , Jan. 24, 2024 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) will release its fourth quarter 2023 financial results on Wednesday, February 7, 2024 after markets close. Sun Lif...