|Bid||45.72 x 800|
|Ask||45.73 x 900|
|Day's Range||45.68 - 46.21|
|52 Week Range||31.49 - 47.02|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||17.31|
|Earnings Date||Feb 8, 2017 - Feb 13, 2017|
|Forward Dividend & Yield||1.67 (3.63%)|
|1y Target Est||45.65|
Sun Life survey finds nearly half (47%) of working Canadians believe there is a serious risk they could outlive their retirement savings. Nearly a quarter (23%) of Canadian retirees describe their lifestyle as 'frugal'. TORONTO , Nov. 19, 2019 /CNW/ - Getting ready for retirement is a real concern for Canadians – financial woes are to blame.
WELLESLEY, Mass., Nov. 15, 2019 /PRNewswire/ -- Sun Life U.S. has been named one of the Top Places to Work in Massachusetts for 2019 by The Boston Globe. This is key to recruiting, retaining and developing top talent, and crucial to helping our employees succeed at work and in life.
Sun Life Capital Trust II announces intention to redeem Sun Life ExchangEable Capital Securities - Series 2009-1
Dean Connor has been the CEO of Sun Life Financial Inc. (TSE:SLF) since 2011. This analysis aims first to contrast CEO...
(Bloomberg) -- Canadian insurers Manulife Financial Corp. and Sun Life Financial Inc. posted third-quarter profits that topped analysts’ expectations, as gains in Asia fueled earnings growth.Sun Life saw underlying profit in Asia surge 25% to C$138 million ($105 million), boosted by higher sales in insurance and wealth, while Manulife’s record C$520 million of core earnings for the region was up 13% from a year earlier.“The rebound in Asia was stronger than expected” for Sun Life, Sumit Malhotra, an analyst at Bank of Nova Scotia, said in a note to clients. For Manulife “Asia once again carried the freight for earnings power,” Malhotra said.Shares of Manulife, Canada’s largest life insurer, rose 2.6% to C$26.12 at 9:47 a.m. in Toronto, its biggest intraday increase since Oct. 11. Sun Life advanced 1.5% to C$61.55.Sun Life’s underlying net income rose 11% to C$809 million in the quarter, with per-share earnings of C$1.37 topping the C$1.27-a-share average estimate of 12 analysts surveyed by Bloomberg. The Toronto-based insurer reported C$78 million of tax-related benefits in the quarter, which contributed to the beat. Sun Life raised its dividend by 5% to 55 cents a share.Among Sun Life’s other key divisions, underlying earnings in Canada rose 6.8% to C$268 million while the U.S. division saw profit slide 2.9%. Its asset management division saw little change from a year earlier, at C$251 million.Manulife’s core earnings fell 0.8% to C$1.53 billion, or 76 cents a share, beating the 73-cent average estimate of 13 analysts in a Bloomberg survey. Earnings in the U.S. rose 0.9% to C$471 million while the Canadian division had a 7.6% drop in profit to C$318 million, with reduced earnings partly due to sales of portfolios to reinsurers. Wealth and asset management earnings fell 2.4% to C$281 million.While Asia earnings were at a record, the pace of growth showed signs of slowing from the first half and last year. The company has seen a contraction in Japan, though that’s being offset by growth in Hong Kong, China and Vietnam, according to Chief Financial Officer Phil Witherington.“We remain very optimistic about Asia,” Witherington said in a phone interview. “The fact that the mix is shifting away from Japan into other markets actually reinforces the strategy that we have in Asia, which is positioning ourselves for sustainable double-digit growth.“(Updates with shares in fourth paragraph.)To contact the reporter on this story: Doug Alexander in Toronto at firstname.lastname@example.orgTo contact the editors responsible for this story: David Scanlan at email@example.com, ;Michael J. Moore at firstname.lastname@example.org, Jacqueline Thorpe, Steve DicksonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
TORONTO , Nov. 6, 2019 /PRNewswire/ - The Board of Directors (the "Board") of Sun Life Financial Inc. (the "Company") (TSX: SLF) (NYSE: SLF) today announced an increase of 5% or 2.5 ...
Sun Life reports Q3'19 reported net income of $681 million and underlying net income of $809 million
WELLESLEY, Mass., Nov. 1, 2019 /PRNewswire/ -- Today marks the launch of the sixth annual #SunLifeDunk4Diabetes campaign in partnership with the Boston Celtics. Celebrating a decade together and their partnership renewal through the 2022–2023 season, Sun Life U.S. and the Celtics will continue the November fundraising and hashtag (#SunLifeDunk4Diabetes) campaign that supports the YMCA of Greater Boston's Diabetes Prevention Program. Throughout November, which is Diabetes Awareness Month, Sun Life will donate $1,000 to the YMCA of Greater Boston for each Celtics dunk.
Assurant's (AIZ) Q3 results are likely to benefit from solid performance of Global Lifestyle, Housing and Preneed business lines, and contributions of The Warranty Group (TWG).
TORONTO , Oct. 24, 2019 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) will release its third quarter 2019 financial results on Wednesday, November 6, 2019 , after markets close. Sun Life ...
Canada's Liberal government is more likely to pass a universal prescription drug plan after losing its majority in Monday's election, setting the stage for what would be the biggest shakeup of the country's public healthcare system since it was created in the 1960s. The Liberals won the most seats in the election but fell short of a majority, which means Prime Minister Justin Trudeau will need the support of rivals like the left-leaning New Democratic Party (NDP) to govern. Both the Liberals and NDP have promised a new national drug plan.
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
The Insider Monkey team has completed processing the quarterly 13F filings for the June quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]