Sun Life Financial Inc. (SLF)

NYSE: SLF · IEX Real-Time Price · USD
50.00
-0.23 (-0.46%)
Feb 1, 2023, 11:24 AM EST - Market open
-0.46%
Market Cap 29.31B
Revenue (ttm) 18.19B
Net Income (ttm) 2.41B
Shares Out 586.40M
EPS (ttm) 4.12
PE Ratio 12.19
Forward PE 9.96
Dividend $2.03 (4.07%)
Ex-Dividend Date Nov 22, 2022
Volume 90,845
Open 50.02
Previous Close 50.23
Day's Range 49.90 - 50.26
52-Week Range 37.96 - 58.49
Beta 0.97
Analysts Buy
Price Target 51.22 (+2.44%)
Earnings Date Feb 9, 2023

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 personal 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 ser... [Read more]

Sector Financials
Founded 1871
Employees 23,816
Stock Exchange NYSE
Ticker Symbol SLF
Full Company Profile

Financial Performance

In 2021, SLF's revenue was 35.69 billion, a decrease of -17.65% compared to the previous year's 43.34 billion. Earnings were 3.93 billion, an increase of 63.64%.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for SLF stock is "Buy." The 12-month stock price forecast is $51.22, which is an increase of 2.44% from the latest price.

Price Target
$51.22
(2.44% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sun Life hosts fourth quarter 2022 earnings conference call

TORONTO, Jan. 26, 2023 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) will release its fourth quarter 2022 financial results on Wednesday, February 8, after markets close. Sun Life will...

6 days ago - PRNewsWire

Canadian insurer Sun Life inks $193 mln deal with HK's Dah Sing

A unit of Canadian insurer Sun Life Financial Inc has partnered with Hong Kong-based Dah Sing Bank in a deal valued at nearly C$260 million ($193 million), the companies said on Friday.

1 week ago - Reuters

Dah Sing Bank and Sun Life Join Forces in 15-Year Exclusive Bancassurance Partnership in Hong Kong

HONG KONG and TORONTO , Jan. 20, 2023 /PRNewswire/ - Dah Sing Bank, Limited ("Bank") and Sun Life Hong Kong Limited ("Sun Life"), a subsidiary of Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF), today ...

1 week ago - PRNewsWire

Reasons Why Investors Should Retain Sun Life (SLF) Stock Now

Sun Life Financial (SLF) is well-poised to gain from strategic buyouts, higher large-case group benefits sales, business growth, prudent capital deployment and sufficient liquidity.

1 month ago - Zacks Investment Research

Sun Life receives Delta Award recognizing top-tier client experience initiatives

WELLESLEY, Mass. , Dec. 14, 2022 /PRNewswire/ -- Sun Life U.S. has received the Delta Award for innovation in client experience solutions from Alida, a client experience software company.

1 month ago - PRNewsWire

Sun Life appoints Laurie Hylton to Board of Directors

TORONTO , Dec. 5, 2022 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) is pleased to announce the appointment of Laurie Hylton to the Sun Life Board of Directors, effective December 31, ...

2 months ago - PRNewsWire

Sun Life (SLF) Up 10.8% Since Last Earnings Report: Can It Continue?

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

2 months ago - Zacks Investment Research

Sun Life receives Boston Globe Top Places to Work recognition for 5th consecutive year

WELLESLEY, Mass. , Dec. 1, 2022 /PRNewswire/ -- Sun Life U.S. has been named a Top Place to Work by the Boston Globe for the fifth year in a row, supported by a series of successful employee support a...

2 months ago - PRNewsWire

Sun Life redeems Series 2017-1 Subordinated Unsecured 2.75% Fixed/Floating Debentures

TORONTO , Nov. 23, 2022 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) announced today that it completed the redemption of all of its outstanding $400 million principal amount of Series...

2 months ago - PRNewsWire

Sun Life Financial (SLF) Q3 Earnings Top Estimates, Rise Y/Y

Sun Life's (SLF) Q3 results reflect growth across all businesses, contribution from the DentaQuest acquisition and increased sales in Canada, Asia and the United States

3 months ago - Zacks Investment Research

Sun Life profit beats estimates even as wealth business slumps with markets

Sun Life Financial Inc , Canada's second-biggest life insurer, on Wednesday posted third-quarter profit that beat analyst estimates, as higher insurance sales in the United States and Asia helped offs...

3 months ago - Reuters

Sun Life increases Common Share dividend and declares dividends on Preferred Shares

TORONTO , Nov. 2, 2022 /PRNewswire/ - The Board of Directors (the "Board") of Sun Life Financial Inc. (the "Company") (TSX: SLF) (NYSE: SLF) today announced that a dividend of $0.72 per share on the c...

3 months ago - PRNewsWire

Sun Life Reports Third Quarter 2022 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...

3 months ago - PRNewsWire

Sun Life boosts philanthropic support to continue broadening access to health services

WELLESLEY, Mass. , Oct. 26, 2022 /PRNewswire/ -- Sun Life has expanded its philanthropic support to help broaden access to mental health services for underserved and at-risk communities.

3 months ago - PRNewsWire

Sun Life hosts third quarter 2022 earnings conference call

TORONTO , Oct. 20, 2022 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) will release its third quarter 2022 financial results on Wednesday, November 2, after markets close. Sun Life will...

3 months ago - PRNewsWire

Here's Why You Should Hold Sun Life Financial (SLF) Stock

Sun Life Financial (SLF) is well-poised to gain from strategic buyouts, higher large-case group benefits sales, business growth, prudent capital deployment and sufficient liquidity.

4 months ago - Zacks Investment Research

Sun Life's Sunny Summer Games wins Ragan's award for virtual employee engagement

WELLESLEY, Mass. , Oct. 6, 2022 /PRNewswire/ -- Sun Life U.S. has been recognized by Ragan Communications' Video, Visual & Virtual Awards for its 2021 Sunny Summer Games program as the "best virtual e...

4 months ago - PRNewsWire

Sun Life announces intention to redeem Series 2017-1 Subordinated Unsecured 2.75% Fixed/Floating Debentures

TORONTO , Sept. 26, 2022 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced its intention to redeem all of the outstanding $400 million principal amount of Series 2017-1 Sub...

4 months ago - PRNewsWire

Sun Life named a Top Workplace by the Hartford Courant for third consecutive year

WELLESLEY, Mass. , Sept. 23, 2022 /PRNewswire/ -- Sun Life has been named a Top Workplace by the Hartford Courant for the third year in a row, a recognition based on employee surveys conducted by Ener...

4 months ago - PRNewsWire

Sun Life and the Royals celebrate 5 years of #StrikeoutDiabetes campaign; raise $50,000 for Boys & Girls Clubs of Greater Kansas City

WELLESLEY, Mass. and KANSAS CITY, Mo., Sept. 22, 2022 /PRNewswire/ -- As the Royals approach the close of the baseball season, Royals Charities and Sun Life have closed out the fifth annual #Strikeout...

4 months ago - PRNewsWire

5 Life Insurers to Benefit From the Rising Rate Environment

Redesigning and repricing of products and services as well as a rising rate environment will help life insurers like SLF, RGA, LNC, VOYA and BHF while they invest heavily in digitization.

Other symbols: BHFLNCRGAVOYA
4 months ago - Zacks Investment Research

2 Dividend Stocks to Watch in the Booming Life Insurance Space

Life insurers are benefiting from improving interest rates and redesigning of product portfolios. Sun Life Financial (SLF) and Lincoln National (LNC) have an impressive dividend history and might fetc...

Other symbols: LNC
4 months ago - Zacks Investment Research

Sun Life (SLF) to Acquire AAM, Boost Alternative Products

Sun Life Financial (SLF) agrees to buy Advisors Asset Management to boost the alternative investment capabilities of SLC Management.

5 months ago - Zacks Investment Research

Why Is Sun Life (SLF) Down 7% Since Last Earnings Report?

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

5 months ago - Zacks Investment Research

Sun Life to acquire a majority stake in Advisors Asset Management

AAM to become the retail distribution arm of SLC Management in the U.S. TORONTO, WELLESLEY, Mass. and MONUMENT, Colo.

5 months ago - PRNewsWire