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Sun Life Financial TSX:SLF Stock Report

Last Price

CA$85.77

Market Cap

CA$49.3b

7D

0.7%

1Y

24.8%

Updated

30 Dec, 2024

Data

Company Financials +

Sun Life Financial Inc.

TSX:SLF Stock Report

Market Cap: CA$49.3b

SLF Stock Overview

A financial services company, provides savings, retirement, and pension products worldwide. More details

SLF fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance2/6
Financial Health4/6
Dividends5/6

Rewards

Trading at 57.2% below our estimate of its fair value

Earnings are forecast to grow 6.82% per year

Earnings have grown 5.4% per year over the past 5 years

Pays a reliable dividend of 3.92%

Risk Analysis

Significant insider selling over the past 3 months


My Notes

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WA
Analyst Price Target
Consensus Narrative from 13 Analysts

Digital Transformation And Acquisitions Will Improve Future Client Experiences And Earnings

Key Takeaways Digital transformation and strategic acquisitions are expected to enhance efficiencies and earnings through improved client experiences and alternative investment strategies. Expansion in Asia and the U.S. dental benefits market aims to drive growth through increased sales and improved earnings.
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CA$86.31
FV
0.6% undervalued intrinsic discount
15.68%
Revenue growth p.a.
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5 days ago author updated this narrative

Sun Life Financial Inc. Competitors

Great-West Lifeco

TSX:GWO

CA$44.3b

Manulife Financial

TSX:MFC

CA$77.6b

Power Corporation of Canada

TSX:POW

CA$29.4b

iA Financial

TSX:IAG

CA$12.5b

Price History & Performance

Summary of share price highs, lows and changes for Sun Life Financial
Historical stock prices
Current Share PriceCA$85.77
52 Week HighCA$88.54
52 Week LowCA$64.38
Beta0.97
1 Month Change-0.46%
3 Month Change9.54%
1 Year Change24.81%
3 Year Change21.82%
5 Year Change44.13%
Change since IPO512.64%

Recent News & Updates

Recent updates

Shareholder Returns

SLFCA InsuranceCA Market
7D0.7%1.0%0.9%
1Y24.8%33.5%15.7%

Return vs Industry: SLF underperformed the Canadian Insurance industry which returned 33.5% over the past year.

Return vs Market: SLF exceeded the Canadian Market which returned 15.7% over the past year.

Price Volatility

Is SLF's price volatile compared to industry and market?
SLF volatility
SLF Average Weekly Movement2.0%
Insurance Industry Average Movement2.7%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

Stable Share Price: SLF has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: SLF's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
187130,941Kevin Strainwww.sunlife.com

Sun Life Financial Inc., a financial services company, provides savings, retirement, and pension products worldwide. The company operates in five segments: Asset Management, Canada, U.S., Asia, and Corporate. It offers various insurance products, such as term and permanent life; personal health, which includes prescription drugs, dental, and vision care; critical illness; long-term care; and disability, as well as reinsurance.

Sun Life Financial Inc. Fundamentals Summary

How do Sun Life Financial's earnings and revenue compare to its market cap?
SLF fundamental statistics
Market capCA$49.35b
Earnings (TTM)CA$3.56b
Revenue (TTM)CA$32.56b

13.9x

P/E Ratio

1.5x

P/S Ratio

Is SLF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SLF income statement (TTM)
RevenueCA$32.56b
Cost of RevenueCA$17.50b
Gross ProfitCA$15.06b
Other ExpensesCA$11.50b
EarningsCA$3.56b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 12, 2025

Earnings per share (EPS)6.19
Gross Margin46.25%
Net Profit Margin10.94%
Debt/Equity Ratio47.8%

How did SLF perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

52%

Payout Ratio

Does SLF pay a reliable dividends?

See SLF dividend history and benchmarks
When do you need to buy SLF by to receive an upcoming dividend?
Sun Life Financial dividend dates
Ex Dividend DateNov 27 2024
Dividend Pay DateDec 31 2024
Days until Ex dividend33 days
Days until Dividend pay date1 day

Does SLF pay a reliable dividends?

See SLF dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 06:19
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Sun Life Financial Inc. is covered by 31 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
John EadeArgus Research Company
Ishan MajumdarBaptista Research