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Sun Life Financial Inc SLF Stock Quote

| Rating as of

NYSE: SLF

Last close prices updated as of Jan 27, 2023, 6:30 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 49.87
  • Sector Financial Services
  • Industry Insurance - Diversified
  • Investment Style Large Value
  • Day Range 49.72  –  50.15
  • Year Range 37.96  –  58.49
  • Market Cap 29.2260 Bil
  • Volume / Avg 299,046.0 /  585,550.7
  • Price / Sales 1.65
  • Price / Book 1.45
  • Forward Div Yield 4.43%
  • Trailing Div Yield 5.54%

Morningstar‘s Stock Analysis SLF

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Rising Rates Are a Long-Run Positive for Life Insurers; Relaunching Sun Life With a CAD 59 FVE

Suryansh Sharma Equity Analyst

Analyst Note

| Suryansh Sharma |

We are relaunching Sun Life Financial with a fair value estimate of CAD 59 per share after taking a fresh look at it. Our fair value estimate implies that Sun Life is slightly overvalued at current prices. Sun Life provides life insurance, retirement, and asset management products and services to individuals and corporate customers in Canada, the United States, and Asia. Sun Life is one of Canada’s big three Life Insurance companies (the other two are Manulife and Great West Life). We assign a no-moat rating, a stable moat trend, and a standard capital allocation rating to the company.

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Key Statistics SLF

Company Profile SLF

Business Description

Sun Life provides life insurance, retirement, and asset management products to individuals and corporate customers in Canada, the United States, and Asia. The company’s investment management business contributes approximately 38% of its adjusted earnings and has around CAD 900 billion in assets under management as of third-quarter 2022. The Canada business contributes about 32% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributes approximately 14% of earnings and is mainly focused on providing group insurance products and managing the in-force life insurance policies. Finally, the Asia segment contributes around 16% of earnings.

Contact
1 York Street, 31st Floor
Toronto, ON, M5J 0B6, CAN
Industry Insurance - Diversified
Employees 24,589

Related Articles SLF

FAQs for Sun Life Financial Inc Stock

Yes. SLF has a forward dividend yield of 4.43%. See SLF’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

SLF’s market cap is 29.23 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

SLF’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

SLF’s price/sales is 1.65.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

SLF’s price/forward earnings is 10.47.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

SLF’s price/book is 1.45.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See SLF’s valuation ratios compared to the Market Index.

SLF’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare SLF’s historical performance against its industry peers and the overall market.