Sun Life Financial Stock Today

SLF Stock  USD 54.38  0.10  0.18%   

Performance

7 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Sun Life is trading at 54.38 as of the 28th of March 2024. This is a 0.18 percent up since the beginning of the trading day. The stock's lowest day price was 54.12. Sun Life has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Sun Life Financial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of June 2022 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Insurance
IPO Date
23rd of March 2000
Category
Financial Services
Classification
Financials
Sun Life Financial Inc., a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients worldwide. The company was founded in 1871 and is headquartered in Toronto, Canada. Sun Life is traded on New York Stock Exchange in the United States.. The company has 583.74 M outstanding shares of which 14.74 M shares are at this time shorted by investors with about 14.5 days to cover. More on Sun Life Financial

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Moving against Sun Stock

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  0.74DHIL Diamond Hill InvestmentPairCorr

Sun Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Sun Life's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sun Life or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Sun Life's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sun Life's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEODean Connor
Thematic Ideas
(View all Themes)
Business ConcentrationLife & Health Insurance, Insurance - Diversified, Financial Services, NYSE Composite, Australia All Ordinaries, SP TSX Composite, Thomson Reuters Canada, Diversified Assets, Insurance Providers, Cash Cows, Financials, Insurance, Insurance—Diversified, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Sun Life report their recommendations after researching Sun Life's financial statements, talking to executives and customers, or listening in on Sun Life's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Sun Life Financial. The Sun consensus assessment is calculated by taking the average forecast from all of the analysts covering Sun Life.
Financial Strength
Based on the measurements of operating efficiency obtained from Sun Life's historical financial statements, Sun Life Financial is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in April. Financial strength of Sun Life Financial is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.130.098
Significantly Up
Slightly volatile
Total Current Liabilities4.6 B4.8 B
Notably Down
Slightly volatile
Non Current Liabilities Total10 B11.2 B
Moderately Down
Slightly volatile
Total Assets220.3 B333.2 B
Way Down
Slightly volatile
Total Current Assets28.4 B29.9 B
Notably Down
Slightly volatile
Sun Life's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Sun Life's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sun Life's financial leverage. It provides some insight into what part of Sun Life's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Sun Life's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Sun Life deploys its capital and how much of that capital is borrowed.
Liquidity
Sun Life cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 13.28 B in debt with debt to equity (D/E) ratio of 0.31, which is OK given its current industry classification. Sun Life Financial has a current ratio of 794.85, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Sun Life until it has trouble settling it off, either with new capital or with free cash flow. So, Sun Life's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sun Life Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sun to invest in growth at high rates of return. When we think about Sun Life's use of debt, we should always consider it together with cash and equity.

Begin Period Cash Flow

5.24 Billion
Sun Life Financial (SLF) is traded on New York Stock Exchange in USA. It is located in 1 York Street, Toronto, ON, Canada, M5J 0B6 and employs 30,941 people. Sun Life is listed under Life & Health Insurance category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 31.74 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sun Life's market, we take the total number of its shares issued and multiply it by Sun Life's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Sun Life Financial runs under Insurance sector within Financials industry. The entity has 583.74 M outstanding shares of which 14.74 M shares are at this time shorted by investors with about 14.5 days to cover. Sun Life Financial has about 6.31 B in cash with 5.61 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 141.27.
Check Sun Life Probability Of Bankruptcy
Ownership Allocation
Sun Life maintains a total of 583.74 Million outstanding shares. Over half of Sun Life's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Sun Life Financial. Please watch out for any change in the institutional holdings of Sun Life as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Sun Ownership Details

Sun Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Sun Life jumping above the current price in 90 days from now is about 13.92%. The Sun Life Financial probability density function shows the probability of Sun Life stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Sun Life has a beta of 0.9236. This usually implies Sun Life Financial market returns are reactive to returns on the market. As the market goes up or down, Sun Life is expected to follow. Additionally, sun Life Financial has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 54.38HorizonTargetOdds Above 54.38
85.86%90 days
 54.38 
13.92%
Based on a normal probability distribution, the odds of Sun Life to move above the current price in 90 days from now is about 13.92 (This Sun Life Financial probability density function shows the probability of Sun Stock to fall within a particular range of prices over 90 days) .

Sun Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Sun Life that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sun Life's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Sun Life's value.
InstituionRecorded OnShares
Manufacturers Life Insurance Co2023-12-31
7.2 M
Norges Bank2023-12-31
6.5 M
Cibc Global Asset Management Inc2023-12-31
6.1 M
Legal & General Group Plc2023-12-31
5.1 M
The Toronto-dominion Bank2023-12-31
4.7 M
Fmr Inc2023-12-31
4.6 M
Connor Clark & Lunn Inv Mgmt Ltd2023-12-31
3.7 M
Goldman Sachs Group Inc2023-12-31
3.2 M
Scotia Capital Inc2023-12-31
M
Royal Bank Of Canada2023-12-31
41.4 M
Vanguard Group Inc2023-12-31
22.9 M
View Sun Life Diagnostics

Sun Life Historical Income Statement

Sun Life Financial Income Statement is one of the three primary financial statements used for reporting Sun's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Sun Life Financial revenue and expense. Sun Life Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Sun Life's Net Income From Continuing Ops is most likely to increase significantly in the upcoming years. The Sun Life's current Extraordinary Items is estimated to increase to about 111.1 M, while Total Revenue is projected to decrease to roughly 25.2 B. View More Fundamentals

Sun Stock Against Markets

Picking the right benchmark for Sun Life stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Sun Life stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Sun Life is critical whether you are bullish or bearish towards Sun Life Financial at a given time. Please also check how Sun Life's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Sun Life without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Sun Life Corporate Directors

Sun Life corporate directors refer to members of a Sun Life board of directors. The board of directors generally takes responsibility for the Sun Life's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Sun Life's board members must vote for the resolution. The Sun Life board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Greig WoodringDirectorProfile
Margaret HarrisIndependent DirectorProfile
Real RaymondIndependent DirectorProfile
James PeckhasDirectorProfile

How to buy Sun Stock?

Before investing in Sun Life, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Sun Life. To buy Sun Life stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sun Life. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Sun Life stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Sun Life Financial stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Sun Life Financial stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Sun Life Financial, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Sun Stock please use our How to Invest in Sun Life guide.

Already Invested in Sun Life Financial?

The danger of trading Sun Life Financial is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Sun Life is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Sun Life. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sun Life Financial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Sun Life Financial is a strong investment it is important to analyze Sun Life's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sun Life's future performance. For an informed investment choice regarding Sun Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Life Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Sun Stock analysis

When running Sun Life's price analysis, check to measure Sun Life's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sun Life is operating at the current time. Most of Sun Life's value examination focuses on studying past and present price action to predict the probability of Sun Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Life's price. Additionally, you may evaluate how the addition of Sun Life to your portfolios can decrease your overall portfolio volatility.
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Is Sun Life's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sun Life. If investors know Sun will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sun Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.35)
Dividend Share
3
Earnings Share
3.87
Revenue Per Share
52.645
Return On Assets
0.0079
The market value of Sun Life Financial is measured differently than its book value, which is the value of Sun that is recorded on the company's balance sheet. Investors also form their own opinion of Sun Life's value that differs from its market value or its book value, called intrinsic value, which is Sun Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sun Life's market value can be influenced by many factors that don't directly affect Sun Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sun Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sun Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sun Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.