19-Apr-2024
RBC Capital Keeps Their Buy Rating on Sun Life Financial (SLF)
TipRanks (Thu, 18-Apr 9:45 PM ET)
What we do, and how we do it, matters: Sun Life releases 2023 Sustainability Report
PRNewswire (Tue, 26-Mar 8:12 PM ET)
PRNewswire (Tue, 26-Mar 7:46 PM ET)
Sun Life names Timothy Deacon as Chief Financial Officer
PRNewswire (Mon, 25-Mar 8:00 AM ET)
Sun Life receives USA Today Top Place to Work award for fourth consecutive year
PRNewswire (Thu, 21-Mar 4:17 PM ET)
PRNewswire (Tue, 19-Mar 2:24 PM ET)
Dan Fishbein to speak at National Bank Financial Markets 22nd Annual Financial Services Conference
PRNewswire (Wed, 13-Mar 8:45 AM ET)
PRNewswire (Thu, 29-Feb 3:30 PM ET)
PRNewswire (Wed, 28-Feb 2:18 PM ET)
Business Wire (Thu, 22-Feb 5:40 PM ET)
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 30% of its adjusted earnings and has around CAD 1 trillion in assets under management as of the fourth quarter of 2023. The Canada business contributes about 35% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributed approximately 22% 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 13% of earnings.
Sun Life Financial trades on the NYSE stock market under the symbol SLF.
As of April 19, 2024, SLF stock price climbed to $51.11 with 398,915 million shares trading.
SLF has a beta of 1.05, meaning it tends to be more sensitive to market movements. SLF has a correlation of 0.45 to the broad based SPY ETF.
SLF has a market cap of $29.77 billion. This is considered a Large Cap stock.
In the last 3 years, SLF stock traded as high as $58.49 and as low as $37.96.
The top ETF exchange traded funds that SLF belongs to (by Net Assets): FVD, DFIC, GSIE, DFAI, DFAX.
SLF has underperformed the market in the last year with a return of +11.1%, while the SPY ETF gained +21.2%. In the last 3 month period, SLF fell short of the market, returning +1.8%, while SPY returned +3.0%. However, in the most recent 2 weeks SLF has outperformed the stock market by returning -4.3%, while SPY returned -4.5%.
SLF support price is $50.13 and resistance is $51.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SLF stock will trade within this expected range on the day.