Sun Life Financial Inc. (TSE:SLF – Get Free Report) (NYSE:SLF) insider Melissa Jane Kennedy sold 7,366 shares of Sun Life Financial stock in a transaction on Monday, May 25th. The stock was sold at an average price of C$101.49, for a total transaction of C$747,575.34. Following the completion of the sale, the insider owned 13,916 shares of the company’s stock, valued at approximately C$1,412,334.84. This trade represents a 34.61% decrease in their position.
Sun Life Financial Trading Down 0.1%
Shares of TSE:SLF opened at C$99.08 on Friday. The company has a fifty day simple moving average of C$94.18 and a 200 day simple moving average of C$88.88. The firm has a market cap of C$54.90 billion, a PE ratio of 18.45, a price-to-earnings-growth ratio of 1.33 and a beta of 0.73. Sun Life Financial Inc. has a 12-month low of C$77.38 and a 12-month high of C$101.94.
Sun Life Financial (TSE:SLF – Get Free Report) (NYSE:SLF) last issued its quarterly earnings results on Wednesday, May 6th. The financial services provider reported C$1.89 earnings per share (EPS) for the quarter. The business had revenue of C$8.73 billion during the quarter. Sun Life Financial had a net margin of 9.12% and a return on equity of 12.98%. As a group, equities research analysts forecast that Sun Life Financial Inc. will post 6.9230769 EPS for the current fiscal year.
Sun Life Financial Increases Dividend
Analyst Upgrades and Downgrades
SLF has been the subject of several recent research reports. Canadian Imperial Bank of Commerce boosted their target price on shares of Sun Life Financial from C$95.00 to C$102.00 in a research note on Friday, May 8th. TD boosted their target price on shares of Sun Life Financial from C$102.00 to C$107.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Scotiabank boosted their target price on shares of Sun Life Financial from C$93.00 to C$96.00 and gave the company a “sector perform” rating in a research note on Friday, February 13th. BMO Capital Markets boosted their target price on shares of Sun Life Financial from C$99.00 to C$105.00 in a research note on Friday, May 8th. Finally, Jefferies Financial Group boosted their target price on shares of Sun Life Financial from C$103.00 to C$115.00 in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Sun Life Financial has a consensus rating of “Moderate Buy” and an average target price of C$101.60.
Check Out Our Latest Research Report on SLF
Sun Life Financial Company Profile
Sun Life Financial is one of Canada’s Big Three life insurance companies along with Great-West Lifeco and Manulife. Sun Life provides insurance, retirement, and wealth-management services to individual and corporate customers in Canada, the United States, and Asia. It also owns MFS Investment Management, a Boston-based asset-management firm. Sun Life generates about a third of its profit from asset-management operations.
Featured Articles
- Five stocks we like better than Sun Life Financial
- Shares Fall, Targets Rise—Markets and Analysts Diverge on Synopsys
- Salesforce Stock Finds Support as AI Momentum Builds
- Dollar Tree Keeps Winning After Family Dollar Divorce
- Apple’s Agentic AI Plans Could Be Its Biggest Growth Story Yet
Receive News & Ratings for Sun Life Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sun Life Financial and related companies with MarketBeat.com's FREE daily email newsletter.
