Sun Life Financial Inc. (TSE:SLF) Stock Has Average Price Target of C$115.92 According to Brokerages

Shares of Sun Life Financial Inc. (TSE:SLF – Get Free Report) (NYSE:SLF) have been given a consensus rating of “Moderate Buy” by the eleven ratings firms that are presently covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is C$115.92.

SLF has been the topic of a number of recent research reports. Evercore downgraded shares of Sun Life Financial from an “outperform” rating to a “hold” rating and set a C$111.00 price objective on the stock. in a report on Monday, July 13th. Jefferies Financial Group increased their target price on shares of Sun Life Financial from C$131.00 to C$141.00 in a report on Monday, August 10th. Barclays raised their target price on shares of Sun Life Financial from C$96.00 to C$98.00 in a research report on Friday, August 7th. Royal Bank Of Canada lifted their price target on shares of Sun Life Financial from C$98.00 to C$119.00 and gave the company a “sector perform” rating in a research note on Monday, August 10th. Finally, National Bank Financial cut their price target on shares of Sun Life Financial from C$125.00 to C$124.00 and set an “outperform” rating on the stock in a research report on Monday.

View Our Latest Analysis on SLF

Sun Life Financial Price Performance

Shares of Sun Life Financial stock opened at C$113.08 on Tuesday. The company has a current ratio of 27.38, a quick ratio of 84,866.00 and a debt-to-equity ratio of 34.34. The stock has a market capitalization of C$62.88 billion, a price-to-earnings ratio of 19.17, a P/E/G ratio of 1.33 and a beta of 0.73. Sun Life Financial has a 1-year low of C$79.99 and a 1-year high of C$118.99. The firm’s 50-day moving average price is C$111.11 and its two-hundred day moving average price is C$107.22.

Sun Life Financial (TSE:SLF – Get Free Report) (NYSE:SLF) last posted its quarterly earnings results on Thursday, August 6th. The financial services provider reported C$2.02 earnings per share (EPS) for the quarter. The business had revenue of C$9.05 billion for the quarter. Sun Life Financial had a return on equity of 13.89% and a net margin of 8.81%. On average, equities analysts predict that Sun Life Financial will post 6.92 earnings per share for the current fiscal year.

Sun Life Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 29th were issued a dividend of $0.96 per share. The ex-dividend date of this dividend was Wednesday, August 26th. This represents a $3.84 annualized dividend and a yield of 3.4%. Sun Life Financial’s dividend payout ratio (DPR) is currently 62.37%.

Insider Buying and Selling

In other news, insider Jacques Jr. Goulet sold 36,805 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of C$111.24, for a total value of C$4,094,188.20. Following the transaction, the insider owned 1,063 shares of the company’s stock, valued at approximately C$118,248.12. This represents a 97.19% decrease in their ownership of the stock. Also, Director Kevin Strain sold 101,580 shares of the company’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of C$110.86, for a total value of C$11,261,158.80. Following the completion of the transaction, the director directly owned 42,000 shares in the company, valued at approximately C$4,656,120. This represents a 70.75% decrease in their ownership of the stock. In the last 90 days, insiders sold 179,448 shares of company stock valued at $19,874,331. Company insiders own 0.03% of the company’s stock.

Sun Life Financial Company Profile

(Get Free Report)

Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of March 31, 2025, Sun Life had total assets under management of $1.55 trillion.

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Analyst Recommendations for Sun Life Financial (TSE:SLF)

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