Sun Life Financial Inc. (SLF)
| Market Cap | 29.00B |
| Revenue (ttm) | 23.08B |
| Net Income (ttm) | 2.28B |
| Shares Out | 581.25M |
| EPS (ttm) | 3.83 |
| PE Ratio | 13.05 |
| Forward PE | 7.36 |
| Dividend | $2.36 (4.72%) |
| Ex-Dividend Date | May 29, 2024 |
| Volume | 208,111 |
| Open | 49.80 |
| Previous Close | 49.55 |
| Day's Range | 49.71 - 50.16 |
| 52-Week Range | 44.57 - 55.46 |
| Beta | 0.95 |
| Analysts | Buy |
| Price Target | 77.00 (+54.31%) |
| Earnings Date | Aug 12, 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 30.85 billion, an increase of 11.10% 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 U.S. expands Health Navigator offering to a broader range of employers, helping more workers access health care services
WELLESLEY, Mass. , July 24, 2024 /PRNewswire/ -- Health Navigator, powered by PinnacleCare, Sun Life's care navigation and health advisory service, is now available to employer clients in the medium a...
Sun Life taps Hinge Health as preferred digital musculoskeletal solution for members
WELLESLEY, Mass., July 22, 2024 /PRNewswire/ -- With a focus on improving healthcare outcomes while containing costs for clients and members, Sun Life has selected Hinge Health to provide digital inte...
Crescent Capital Group Announces New Senior Leadership Changes
LOS ANGELES--(BUSINESS WIRE)--Crescent Capital Group LP, a leading alternative credit investment firm, announced today that it has made several leadership changes, effective immediately: Managing Dire...
Sun Life U.S. receives Wage Equity Impact Award from Boston Women's Workforce Council
WELLESLEY, Mass. , June 12, 2024 /PRNewswire/ -- In recognition of its commitment and efforts to closing gender and racial pay gaps, Sun Life U.S. has received the Wage Equity Impact Award from the Bo...
Sun Life U.S. and DentaQuest donate $50,000 to Dimock Center's new Cardiometabolic Clinic
BOSTON and WELLESLEY, Mass. , June 10, 2024 /PRNewswire/ -- Sun Life U.S. and DentaQuest, part of Sun Life U.S., recently contributed $50,000 to The Dimock Center, an organization that aims to create ...
Sun Life U.S. expands partnership with Goodpath to offer virtual whole-person care supporting mental and physical health
WELLESLEY, Mass. , June 5, 2024 /PRNewswire/ -- Sun Life U.S. has expanded its partnership with Goodpath to offer employer clients virtual whole-person care, a new employee benefit that provides care ...
Sun Life U.S. lands in the top 10 of Milwaukee Journal Sentinel Top Places to Work
WELLESLEY, Mass. , June 3, 2024 /PRNewswire/ -- Sun Life U.S. has been recognized by the Journal Sentinel as a Top Place to Work in Milwaukee , ranking sixth in the largest companies category.
Sun Life releases annual report on highest-cost medical claims; cardiovascular disease rises to second place
-- June 5 webinar will review report, which shows trends of common and rare diseases, injectable drugs, and emerging health trends -- WELLESLEY, Mass. , May 30, 2024 /PRNewswire/ -- Sun Life has relea...
Forbes names Sun Life U.S. a Best Employer for Diversity for second consecutive year
WELLESLEY, Mass. , May 29, 2024 /PRNewswire/ -- Sun Life U.S. has been named a Forbes Best Employer for Diversity for the second consecutive year, building on multiple recognitions from Forbes in rece...
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...