Key Points
- Sun Life Financial insider Jacques Jr. Goulet sold 36,805 shares at an average price of C$111.24, generating approximately C$4.09 million. The sale reduced his holdings by 97.19%, leaving him with 1,063 shares.
- Sun Life reported quarterly EPS of C$2.02 on C$9.05 billion in revenue and recently declared a quarterly dividend of C$0.96, equivalent to an annualized yield of about 3.4%.
- Analysts’ consensus rating remains “Hold,” with an average price target of C$116.00, while the stock recently traded near C$112 and had a 52-week range of C$79.36 to C$118.99.
Sun Life Financial Inc. (TSE:SLF - Get Free Report) (NYSE:SLF) insider Jacques Jr. Goulet sold 36,805 shares of the stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of C$111.24, for a total transaction of C$4,094,188.20. Following the sale, the insider owned 1,063 shares in the company, valued at approximately C$118,248.12. This trade represents a 97.19% decrease in their position.
Sun Life Financial Stock Performance
Shares of TSE SLF opened at C$112.09 on Friday. The company has a quick ratio of 84,866.00, a current ratio of 27.38 and a debt-to-equity ratio of 34.34. The firm's 50-day moving average price is C$112.80 and its two-hundred day moving average price is C$101.49. Sun Life Financial Inc. has a 52-week low of C$79.36 and a 52-week high of C$118.99. The stock has a market capitalization of C$62.40 billion, a P/E ratio of 19.00, a P/E/G ratio of 1.33 and a beta of 0.70.
Sun Life Financial (TSE:SLF - Get Free Report) (NYSE:SLF) last posted its earnings results on Thursday, August 6th. The financial services provider reported C$2.02 EPS for the quarter. The company had revenue of C$9.05 billion during the quarter. Sun Life Financial had a return on equity of 13.89% and a net margin of 8.81%. As a group, sell-side analysts forecast that Sun Life Financial Inc. will post 6.9230769 earnings per share for the current year.
Sun Life Financial Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 29th will be issued a $0.96 dividend. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.84 annualized dividend and a dividend yield of 3.4%. Sun Life Financial's dividend payout ratio (DPR) is 62.37%.
Analysts Set New Price Targets
SLF has been the subject of a number of recent research reports. Royal Bank Of Canada upped their price objective on Sun Life Financial from C$98.00 to C$119.00 and gave the stock a "sector perform" rating in a research note on Monday, August 10th. National Bank Financial raised their target price on Sun Life Financial from C$108.00 to C$125.00 and gave the company an "outperform" rating in a research note on Thursday, July 23rd. Scotiabank boosted their price target on shares of Sun Life Financial from C$98.00 to C$111.00 and gave the company a "sector perform" rating in a report on Wednesday, July 15th. Canadian Imperial Bank of Commerce upped their price target on shares of Sun Life Financial from C$102.00 to C$116.00 in a research report on Wednesday, July 15th. Finally, Barclays increased their price objective on shares of Sun Life Financial from C$96.00 to C$98.00 in a report on Friday, August 7th. Six equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Sun Life Financial currently has a consensus rating of "Hold" and an average price target of C$116.00.
View Our Latest Stock Report on Sun Life Financial
About Sun Life Financial
(
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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