SLF - Sun Life Financial Inc.

NYSE - Nasdaq Real-time price. Currency in USD
46.59
-0.11 (-0.24%)
As of 3:46PM EST. Market open.
Stock chart is not supported by your current browser
Previous close46.70
Open46.88
Bid46.40 x 900
Ask46.41 x 800
Day's range46.32 - 47.19
52-week range37.25 - 50.13
Volume704,349
Avg. volume507,685
Market cap27.417B
Beta (5Y monthly)0.79
PE ratio (TTM)17.63
EPS (TTM)2.64
Earnings date07 Feb 2017 - 12 Feb 2017
Forward dividend & yield1.66 (3.55%)
Ex-dividend date27 Feb 2020
1y target est45.65
  • Be Sure To Check Out Sun Life Financial Inc. (TSE:SLF) Before It Goes Ex-Dividend
    Simply Wall St.

    Be Sure To Check Out Sun Life Financial Inc. (TSE:SLF) Before It Goes Ex-Dividend

    Readers hoping to buy Sun Life Financial Inc. (TSE:SLF) for its dividend will need to make their move shortly, as the...

  • Sun Life Financial Inc. Just Released Its Full-Year Results And Analysts Are Updating Their Estimates
    Simply Wall St.

    Sun Life Financial Inc. Just Released Its Full-Year Results And Analysts Are Updating Their Estimates

    Investors in Sun Life Financial Inc. (TSE:SLF) had a good week, as its shares rose 3.7% to close at CA$66.44 following...

  • Why Sun Life (SLF) is a Great Dividend Stock Right Now
    Zacks

    Why Sun Life (SLF) is a Great Dividend Stock Right Now

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Sun Life (SLF) have what it takes? Let's find out.

  • Sun Life (SLF) Q4 Earnings Increase Y/Y on Business Growth
    Zacks

    Sun Life (SLF) Q4 Earnings Increase Y/Y on Business Growth

    Sun Life's (SLF) Q4 results reflect strong segmental performances, higher insurance sales, improved net premiums and growth in premiums and deposits.

  • The Zacks Analyst Blog Highlights: NMI, Bunge, Applied Materials, Tallgrass Energy and Sun Life Financial
    Zacks

    The Zacks Analyst Blog Highlights: NMI, Bunge, Applied Materials, Tallgrass Energy and Sun Life Financial

    The Zacks Analyst Blog Highlights: NMI, Bunge, Applied Materials, Tallgrass Energy and Sun Life Financial

  • Why Earnings Season Could Be Great for Sun Life (SLF)
    Zacks

    Why Earnings Season Could Be Great for Sun Life (SLF)

    Sun Life (SLF) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

  • Buy 5 Top Stocks Poised to Beat Earnings Estimates This Week
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    Buy 5 Top Stocks Poised to Beat Earnings Estimates This Week

    Although corporate earnings growth was negative year over year in the first three quarters of last year, fourth-quarter results are faring better than initially anticipated.

  • Western Union (WU) to Post Q4 Earnings: What's in Store?
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    Western Union (WU) to Post Q4 Earnings: What's in Store?

    Western Union (WU) Q4 results are likely to reflect lower revenue growth and higher expenses.

  • Assurant (AIZ) to Report Q4 Earnings: What's in the Cards?
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    Assurant (AIZ) to Report Q4 Earnings: What's in the Cards?

    Assurant's (AIZ) Q4 results are likely to reflect growth from strategic investments in the mobile industry and contribution from its Global Lifestyle, Housing and Preneed business lines.

  • Never Mind Canada’s Bank Stocks as Traders Bet on Life Insurers
    Bloomberg

    Never Mind Canada’s Bank Stocks as Traders Bet on Life Insurers

    (Bloomberg) -- In a rare turn of events, once-loved Canadian bank stocks are no longer the favorites. Instead, investors are turning their attention to the country’s life insurers.In 2019, shares of the Canada’s largest lenders gained 14%, including dividends, lagging the S&P/TSX Composite’s 23% total return -- the first time they have trailed the benchmark since 2010. Banks have struggled to eke out strong earnings results as rising loan losses and eroding net interest margins hurt their profitability amid economic growth concerns. That pushed analysts to temper their forecasts for 2020.Life insurers, on the other hand, enjoyed a 40% surge in 2019. Manulife Financial Corp. and Sun Life Financial Inc. posted third-quarter profits last year that topped analysts’ expectations, as gains in Asia fueled earnings growth.The banks were performing very well until September 2018, “and then the bloom went off the rose,” said John Kinsey, a portfolio manager at Caldwell Securities Ltd. in Toronto. Some investors have soured on banks because of concerns about declining interest rates, mortgage quality and high levels of consumer debt, which are a risk to the economy.“The focus changed to the insurers because they hadn’t done well when the banks were performing at their peak,” he said.“Lifeco stocks outperforming bank stocks is an unusual occurrence, with back-to-back annual outperformance an even rarer outcome,” Gabriel Dechaine, an analyst at National Bank of Canada, said in a Jan. 28 report. “As long as growth concerns for the banks remain intense, this trend could continue.”When lifecos release fourth-quarter results next week, analysts are expecting them to show a strong finish to 2019. RBC Capital Markets analyst Darko Mihelic expects they will report a “solid end to a good year with double-digit core EPS growth forecast for all of the lifecos,” reflecting strong equity market performance in the quarter.Investors are betting on insurers after taking a cautious view of the Canadian economy as it suffers a bout of sluggish growth. Traders are anticipating at least one Bank of Canada interest rate cut this year, according to data compiled by Bloomberg, which could continue to hurt the bottom line for banks.Lower interest rates due to a potential economic downturn can also have a negative impact on insurers. But the largest Canadian lifecos have significant exposure to businesses outside of their home market. Manulife generated about 62% of its 2018 revenue internationally, while Sun Life made almost 45% of its sales in Asia and the U.S., according to Bloomberg data.“The relatively higher earnings generation outside of Canada that lifecos offer could become more appealing,” said National Bank’s Dechaine. He also expects them to prioritize share buybacks since several of the companies have “material amounts” of cash.Barclays analyst John Aiken raised his share price targets on Great-West, Manulife and Sun Life in a report last month and said that this expectations reflect “strong profitability and an improving operating environment” heading into reporting season.As their shares rally, valuations for Canadian life insurers are almost on par with banks. The price-to-earnings ratio for Canadian life insurers sits at 9 times compared to banks at 10 times, but Dechaine warns that the comparison is skewed by Manulife, which is the cheapest stock in the group. Once Manulife is excluded, “the sector is trading inline to historical averages and to the Big Six,” he said.To contact the reporters on this story: Divya Balji in Toronto at dbalji1@bloomberg.net;Doug Alexander in Toronto at dalexander3@bloomberg.netTo contact the editors responsible for this story: Kyung Bok Cho at kcho7@bloomberg.net, Derek DeCloet, Steven FrankFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks - January 17, 2020
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    How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks - January 17, 2020

    The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?

  • Voya Financial in Talks with Insurance Groups to Sell Business
    Zacks

    Voya Financial in Talks with Insurance Groups to Sell Business

    Voya Financial (VOYA) is holding talks with other insurance companies to sell its business.

  • Reasons Why Investors Should Hold Sun Life Financial Stock
    Zacks

    Reasons Why Investors Should Hold Sun Life Financial Stock

    Sun Life Financial (SLF) is poised to grow on strategic acquisitions and expanding global asset management business, offset by higher expenses.

  • Did You Miss Sun Life Financial's (TSE:SLF) 40% Share Price Gain?
    Simply Wall St.

    Did You Miss Sun Life Financial's (TSE:SLF) 40% Share Price Gain?

    When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses...

  • Cigna Considers Divesting Its Non-Health Insurance Business
    Zacks

    Cigna Considers Divesting Its Non-Health Insurance Business

    Speculations ran rife that Cigna (CI) is on the lookout of a bidder for its non-health insurance arm to streamline in-house operations.

  • Why Is Sun Life (SLF) Down 4.3% Since Last Earnings Report?
    Zacks

    Why Is Sun Life (SLF) Down 4.3% Since Last Earnings Report?

    Sun Life (SLF) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Is Sun Life Financial (SLF) a Solid Value Investor Pick Now?
    Zacks

    Is Sun Life Financial (SLF) a Solid Value Investor Pick Now?

    Let's see if Sun Life Financial (SLF) stock is a good choice for value-oriented investors right now from multiple angles.

  • Sun Life (SLF) Unit Inks TPBank Deal Worth $100 Million
    Zacks

    Sun Life (SLF) Unit Inks TPBank Deal Worth $100 Million

    Sun Life (SLF) Unit secures partnership with TPBank in Vietnam to expand Sun Life Vietnam's distribution network.

  • How Much Did Sun Life Financial Inc.'s (TSE:SLF) CEO Pocket Last Year?
    Simply Wall St.

    How Much Did Sun Life Financial Inc.'s (TSE:SLF) CEO Pocket Last Year?

    Dean Connor has been the CEO of Sun Life Financial Inc. (TSE:SLF) since 2011. This analysis aims first to contrast CEO...

  • Sun Life (SLF) Q3 Earnings Increase Y/Y on Business Growth
    Zacks

    Sun Life (SLF) Q3 Earnings Increase Y/Y on Business Growth

    Sun Life's (SLF) Q3 reflects business growth, favorable credit experience and higher available-for-sale gains.

  • Why Sun Life (SLF) Might Surprise This Earnings Season
    Zacks

    Why Sun Life (SLF) Might Surprise This Earnings Season

    Sun Life (SLF) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

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