SLF - Sun Life Financial Inc.

NYSE - NYSE Delayed Price. Currency in USD
50.13
+0.95 (+1.93%)
At close: 4:02PM EST
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Previous Close49.18
Open49.50
Bid50.05 x 800
Ask50.06 x 2200
Day's Range49.40 - 50.13
52 Week Range36.80 - 50.13
Volume708,342
Avg. Volume547,895
Market Cap29.503B
Beta (5Y Monthly)0.79
PE Ratio (TTM)18.97
EPS (TTM)2.64
Earnings DateFeb 07, 2017 - Feb 12, 2017
Forward Dividend & Yield1.68 (3.42%)
Ex-Dividend DateNov 25, 2019
1y Target Est45.65
  • CNW Group

    /C O R R E C T I O N from Source -- Sun Life Financial Inc./

    /C O R R E C T I O N from Source -- Sun Life Financial Inc./

  • 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.

  • CNW Group

    Sun Life Global Investments reduces risk rating for Sun Life Real Assets Fund

    Sun Life Global Investments reduces risk rating for Sun Life Real Assets Fund

  • Reuters

    WRAPUP 2-Manulife quarterly profit misses estimates, while Sun Life beats

    Canada's biggest life insurers reported increases in core quarterly profit on Wednesday as gains in earnings from wealth and asset management helped offset slower growth elsewhere. Manulife Financial Corp missed estimates as earnings from Canada fell 5.6%, while Sun Life Financial beat expectations despite only posting 2% increase in profit from its Asian business, its traditional growth driver. Manulife's chief executive, Roy Gori, told Reuters it was too early to make any changes to the insurer's business, while Sun Life Chief Financial Officer Kevin Strain said the company has taken steps to speed up processing of claims related to the outbreak.

  • CNW Group

    Sun Life declares dividends on Common and Preferred Shares payable in Q1 2020

    Sun Life declares dividends on Common and Preferred Shares payable in Q1 2020

  • CNW Group

    Sun Life Reports Fourth Quarter and Full Year 2019 Results

    Sun Life Reports Fourth Quarter and Full Year 2019 Results

  • 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
    Zacks

    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.

  • Sun Life Financial, In A Buy Zone, Hits Relative Strength Rating Benchmark
    Investor's Business Daily

    Sun Life Financial, In A Buy Zone, Hits Relative Strength Rating Benchmark

    Sun Life Financial shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 80 to 83.

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

    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?
    Zacks

    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.

  • CNW Group

    Robert Dumas awarded financial industry Top 25 honour in the Personal Insurer category by Finance et Investissement

    Robert Dumas awarded financial industry Top 25 honour in the Personal Insurer category by Finance et Investissement

  • 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.

  • Moody's

    MFS Investment Grade Municipal Trust -- Moody's announces completion of a periodic review of ratings of MFS Investment Grade Municipal Trust

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of MFS Investment Grade Municipal Trust and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • PR Newswire

    Sun Life hosts fourth quarter 2019 earnings conference call

    Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) will release its fourth quarter 2019 financial results on Wednesday, February 12, 2020, after markets close. Sun Life will hold its earnings conference call and audio webcast at 10:00 a.m. ET the following day.