SLF Stock Summary and Trading Ideas (Sun Life Financial | NYSE:SLF)

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 US 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 March 3, 2025, SLF stock price climbed to $55.88 with 608,472 million shares trading.

SLF has a beta of 0.63, meaning it tends to be less sensitive to market movements. SLF has a correlation of 0.17 to the broad based SPY ETF.

SLF has a market cap of $32.01 billion. This is considered a Large Cap stock.

Last quarter Sun Life Financial reported $5 billion in Revenue and $1.20 earnings per share. This fell short of revenue expectation by $-721 million and missed earnings estimates by -$.04.

In the last 3 years, SLF traded as high as $62.85 and as low as $37.96.

The top ETF exchange traded funds that SLF belongs to (by Net Assets): FVD, DFIC, DFAI, DFAX, KOMP.

SLF has underperformed the market in the last year with a return of +9.5%, while the SPY ETF gained +16.7%. In the last 3 month period, SLF fell short of the market, returning -7.3%, while SPY returned -2.2%. However, in the most recent 2 weeks SLF has outperformed the stock market by returning +2.5%, while SPY returned -4.3%.

SLF support price is $54.88 and resistance is $56.22 (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 shares will trade within this expected range on the day.