Sun Life Financial Inc. (SLF)

NYSE: SLF · IEX Real-Time Price · USD
57.88 0.38 (0.66%)
Jan 18, 2022 3:07 PM EST - Market open
Market Cap34.04B
Revenue (ttm)27.04B
Net Income (ttm)2.83B
Shares Out588.08M
EPS (ttm)4.87
PE Ratio11.89
Forward PE10.44
Dividend$2.09 (3.61%)
Ex-Dividend DateNov 23, 2021
Volume369,267
Open57.48
Previous Close57.50
Day's Range57.20 - 57.95
52-Week Range45.84 - 57.95
Beta0.99
AnalystsBuy
Price Target61.22 (+5.8%)
Earnings DateNov 3, 2021

About SLF

Sun Life Financial Inc., a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients worldwide. It offers term and permanent life, as well as health, dental, critical illness, long-term care, and disability insurance products. The company also provides reinsurance products; investment counselling and portfolio management services; mutual funds and segregated funds; trust and banking services; real estate property brokerage and appraisal services; and merchant banking services. It...

IndustryInsurance
Founded1871
CEODean Connor
Employees23,816
Stock ExchangeNYSE
Ticker SymbolSLF
Full Company Profile

Financial Performance

Financial numbers in millions CADFinancial Statements

Analyst Forecast

According to 14 analysts, the average rating for SLF stock is "Buy." The 12-month stock price forecast is 61.22, which is an increase of 5.77% from the latest price.

Price Target
$61.22
(5.77% upside)
Analyst Consensus: Buy

News

MFC or SLF: Which Stock is Better-Placed at the Moment?

Manulife (MFC) and Sun Life (SLF) are poised to grow in the promising life insurance space. We try to find out which one fares better via comparative evaluation.

Other symbols:MFC
1 week ago - Zacks Investment Research

Here's Why Hold is an Apt Strategy for Sun Life (SLF) Stock

Sun Life (SLF) is shifting its growth focus toward products that park lower capital and offer more predictable earnings to improve the business mix.

1 week ago - Zacks Investment Research

Sun Life partners with Teledentistry.com to bring 24/7 dental provider access to members

WELLESLEY, Mass., Jan. 5, 2022 /PRNewswire/ -- Sun Life U.S. has partnered with Teledentistry.com to bring members 24/7 virtual access to dental providers, whenever, and wherever they are.

1 week ago - PRNewsWire

Sun Life Financial Inc. redeems Class A Non-Cumulative Rate Reset Preferred Shares Series 12R

TORONTO, Dec. 31, 2021 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) announced today that it completed the redemption of all of its issued and outstanding Class A Non-Cumulative Rate Res...

2 weeks ago - PRNewsWire

What Makes Sun Life (SLF) a New Buy Stock

Sun Life (SLF) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

4 weeks ago - Zacks Investment Research

Sun Life announces Sun Life Link to create a better benefits experience through enhanced digital connectivity

WELLESLEY, Mass., Dec. 16, 2021 /PRNewswire/ -- Sun Life U.S. has launched  Sun Life Link , a broad portfolio of digital connection solutions, including APIs (application programming interface) with pro...

1 month ago - PRNewsWire

Sun Life Financial (SLF) to Divest Sponsored Markets Business

Sun Life's (SLF) pending divestiture of sponsored markets business to Canadian Premier is likely to help the company intensify its focus on growing the core segments within the group benefits business.

1 month ago - Zacks Investment Research

Sun Life announces Chair succession

Scott Powers to succeed Bill Anderson as Chair of the Board of Directors following Sun Life's Annual Meeting in May 2022 TORONTO, Dec. 9, 2021 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SL...

1 month ago - PRNewsWire

Why Is Sun Life (SLF) Down 6.1% Since Last Earnings Report?

Sun Life (SLF) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Sun Life named a top ten employer for second consecutive year by the Boston Globe's Top Places to Work

WELLESLEY, Mass., Dec. 2, 2021 /PRNewswire/ -- Sun Life has been named a 2021 Top Place to Work by the Boston Globe, receiving the award for the fourth year in a row.

1 month ago - PRNewsWire

Sun Life Financial Inc. announces intention to redeem Class A Non-Cumulative Rate Reset Preferred Shares Series 12R

TORONTO, Nov. 30, 2021 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced its intention to redeem its $300 million principal amount of issued and outstanding Class A Non-Cumul...

1 month ago - PRNewsWire

Down 5.9% in 4 Weeks, Here's Why You Should You Buy the Dip in Sun Life (SLF)

The heavy selling pressure might have exhausted for Sun Life (SLF) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in r...

1 month ago - Zacks Investment Research

Sun Life Financial (SLF) Gains 25% YTD: More Room for Upside?

Focus on Asia operation, growing asset management businesses and strong financial position continue to drive Sun Life

1 month ago - Zacks Investment Research

Sun Life completes offering of Subordinated Unsecured Debentures

TORONTO, Nov. 18, 2021 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) (the "Company") announced today the successful completion of the public offering in Canada of $500 million principal ...

2 months ago - PRNewsWire

Sun Life announces offering of Subordinated Unsecured Debentures

TORONTO, Nov. 16, 2021 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) (the "Company") announced today that it intends to issue in Canada $500 million    principal amount of Series 2021-1 ...

2 months ago - PRNewsWire

Sun Life U.S. grants $350,000 to organizations in support of diabetes programs

WELLESLEY, Mass., Nov. 15, 2021 /PRNewswire/ -- In recognition of World Diabetes Day yesterday, Sun Life U.S. announced the six recipients of the 2021 Team Up Against Diabetes grant program, which suppo...

2 months ago - PRNewsWire

Sun Life increases common shareholders' dividend payable in December 2021 by 20%

TORONTO, Nov. 8, 2021 /PRNewswire/ - The Board of Directors of Sun Life Financial Inc. (the "Company") (TSX: SLF) (NYSE: SLF) today announced a dividend of $0.11 per share on the common shares of the Co...

2 months ago - PRNewsWire

Manulife, Sun Life warn of more COVID-19 hurdles in Asia

Senior executives at Canada's two biggest life insurers said on Thursday they were bracing for more COVID-19 related uncertainties in their fastest-growing market of Asia after a resurgence of the virus...

Other symbols:MFC
2 months ago - Reuters

Sun Life Financial (SLF) Q3 Earnings Increase Year Over Year

Sun Life (SLF) Q3 results reflect business growth, higher large case sales in Group Benefits, mutual fund sales in India and favorable credit experience.

2 months ago - Zacks Investment Research

Manulife, Sun Life profits rise, as asset management growth offsets COVID, hurricane impact

TORONTO (Reuters) -Canada's two biggest life insurance companies, Manulife Financial and Sun Life Financial, reported a rise in third-quarter profits on Wednesday, driven by growth in new business and h...

Other symbols:MFC
2 months ago - Reuters

Sun Life Q3 profit climbs from year ago on new business, AUM growth

Sun Life Financial on Wednesday beat analyst estimates for third-quarter core profit, which rose from a year earlier due to a rise in new business and as assets under management increased from a year ea...

2 months ago - Reuters

Sun Life deepens global commitment to sustainability with goal to achieve net zero by 2050

TORONTO, Nov. 3, 2021 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced its goal to achieve net-zero greenhouse gas (GHG) emissions by 2050 for both its investments and opera...

2 months ago - PRNewsWire

Sun Life declares dividends on Common and Preferred Shares payable in Q4 2021

TORONTO, ON, Nov. 3, 2021 /PRNewswire/ - The Board of Directors (the "Board") of Sun Life Financial Inc. (the "Company") (TSX: SLF) (NYSE: SLF) today announced that a dividend of $0.55 per share on the ...

2 months ago - PRNewsWire

Sun Life Reports Third Quarter 2021 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 manag...

2 months ago - PRNewsWire

Sun Life announces Ingrid Johnson as new President of Sun Life Asia

TORONTO, Oct. 25, 2021 /PRNewswire/ - Kevin Strain, President and Chief Executive Officer of Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced Ingrid Johnson will become the new President o...

2 months ago - PRNewsWire