Sun Life Financial Inc

SLF-T

TSE:SLF

62.00
0.12 (0.19%)
Sun Life Financial, Inc. is a Canada-based financial services company known primarily as a life insurance company. It is one of the largest life insurance companies in the world, and also one of the oldest with a history spanning back to 1865.
More at Wikipedia

Analysis and Opinions about SLF-T

Signal
Opinion
Expert
COMMENT
COMMENT
February 5, 2020

RY vs TD vs SLF? He owns both of the banks and he prefers this space over the insurance sector. RY has a stronger approach on the wealth management side, whereas TD focuses on retail customers and has a larger presence in the US. Right now he would favour TD. Canadian banks of been held back as of late because of a unwarranted fear about the housing market in Canada. Dividends with the banks are great too.

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RY vs TD vs SLF? He owns both of the banks and he prefers this space over the insurance sector. RY has a stronger approach on the wealth management side, whereas TD focuses on retail customers and has a larger presence in the US. Right now he would favour TD. Canadian banks of been held back as of late because of a unwarranted fear about the housing market in Canada. Dividends with the banks are great too.

COMMENT
COMMENT
January 31, 2020
He stills likes Sun Life better. He's concerned about the emphasis that Manulife has put on Far Eastern growth they anticipate. Manulife has a checkered history of surprising on the down-side, whereas Sun Life is more predictable. Sun Life has good presence in North America.
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He stills likes Sun Life better. He's concerned about the emphasis that Manulife has put on Far Eastern growth they anticipate. Manulife has a checkered history of surprising on the down-side, whereas Sun Life is more predictable. Sun Life has good presence in North America.
BUY
BUY
January 30, 2020
Likes it. Trading at 1.8x price to book, so more expensive. One of the faster growing EPS insurer names. Only 10% of revenues come from Asia. 40% of profits come from wealth and asset management. Yield is 3.5%.
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Likes it. Trading at 1.8x price to book, so more expensive. One of the faster growing EPS insurer names. Only 10% of revenues come from Asia. 40% of profits come from wealth and asset management. Yield is 3.5%.
DON'T BUY
DON'T BUY
January 9, 2020

SLF vs MFC When he values lifecos, it's on price to book, dividend yield, or price to earnings, rather than price to cash flows. Sun Life trades at a premium. His preferred lifeco is Manulife, because of a discounted valuation plus a better business overall because of its Asian business. Wealth management is also better, and getting a handle on legacy businesses.

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SLF vs MFC When he values lifecos, it's on price to book, dividend yield, or price to earnings, rather than price to cash flows. Sun Life trades at a premium. His preferred lifeco is Manulife, because of a discounted valuation plus a better business overall because of its Asian business. Wealth management is also better, and getting a handle on legacy businesses.

HOLD
HOLD
December 31, 2019
It's moving up, though resistance lies at $55. It broke that earlier this year, which is good. No reason to be bearish, unless it breaks that level. Stay with the trend.
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It's moving up, though resistance lies at $55. It broke that earlier this year, which is good. No reason to be bearish, unless it breaks that level. Stay with the trend.
TOP PICK
TOP PICK
December 23, 2019
The trend is up. Insurance companies are a much better place to be than the banks. It's a lower yield than the banks because people have been bidding it up. They have a great balance sheet. (Analysts’ price target is $62.70)
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The trend is up. Insurance companies are a much better place to be than the banks. It's a lower yield than the banks because people have been bidding it up. They have a great balance sheet. (Analysts’ price target is $62.70)
COMMENT
COMMENT
December 18, 2019

Canada has four major life insurance companies. Since the financial crisis, Sun Life aas done the best. He does not see much change at Manulife so would prefer Sun Life.

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Canada has four major life insurance companies. Since the financial crisis, Sun Life aas done the best. He does not see much change at Manulife so would prefer Sun Life.

BUY
BUY
December 9, 2019

MFC vs. SLF They're both good and relatively safe. They both have asset management businesses. Earnings growth will be 7-11% in 2020, which is far higher than the 1-3% for the banks. Also, they trade at single-digit multiples, cheap. According to book value, SLF is far more expensive, so he prefers MFC. MFC has more upside than SLF, but you're splitting hairs with these two.

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MFC vs. SLF They're both good and relatively safe. They both have asset management businesses. Earnings growth will be 7-11% in 2020, which is far higher than the 1-3% for the banks. Also, they trade at single-digit multiples, cheap. According to book value, SLF is far more expensive, so he prefers MFC. MFC has more upside than SLF, but you're splitting hairs with these two.

BUY
BUY
November 28, 2019
His largest personal holding. Thinks we are going to see depressed interest rates for some time. In the meantime Sun Life is heading to new high. Very good and well managed company. Stock should do well once they complete their acquisition in Asia. Has a lot of confidence in the management.
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His largest personal holding. Thinks we are going to see depressed interest rates for some time. In the meantime Sun Life is heading to new high. Very good and well managed company. Stock should do well once they complete their acquisition in Asia. Has a lot of confidence in the management.
SELL
SELL
November 18, 2019
He just sold because it was at the highest valuation of the insurers. He wanted to raise some cash for clients. It is a good company but he has moved to MFC-T
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He just sold because it was at the highest valuation of the insurers. He wanted to raise some cash for clients. It is a good company but he has moved to MFC-T
HOLD
HOLD
November 8, 2019
Low interest rates? He bought the preferred shares and common stock during the last financial crisis and it has been a great stock for them. Money is flowing back into their investment business. Even in low interest rates they are prospering.
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Low interest rates? He bought the preferred shares and common stock during the last financial crisis and it has been a great stock for them. Money is flowing back into their investment business. Even in low interest rates they are prospering.
COMMENT
COMMENT
November 8, 2019
He used to own Manulife going into the financial crisis and have not looked at it since. It is pale in comparison to Sun Life.
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He used to own Manulife going into the financial crisis and have not looked at it since. It is pale in comparison to Sun Life.
HOLD
HOLD
November 1, 2019
He owns SLF. Even with interest rates falling, insurance has done well. They keep delivering on earnings, trade at 15 times earnings and a reasonable payout ratio.
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He owns SLF. Even with interest rates falling, insurance has done well. They keep delivering on earnings, trade at 15 times earnings and a reasonable payout ratio.
DON'T BUY
DON'T BUY
October 18, 2019
Jaded on this. Likes what they have done in the U.S.. However, interest rates are low and going lower. How do you fund long term liabilities with continually falling rates? A negative spread that causes a problem for insurance and banks. It doesn't look like it's getting better. He thinks there might see another cut in December.
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Jaded on this. Likes what they have done in the U.S.. However, interest rates are low and going lower. How do you fund long term liabilities with continually falling rates? A negative spread that causes a problem for insurance and banks. It doesn't look like it's getting better. He thinks there might see another cut in December.
PAST TOP PICK
PAST TOP PICK
October 17, 2019
(A Top Pick Oct 02/18, Up 20%) And it still looks cheap. It is so well positioned globally. Earnings are rising double digits. The dividend is growing and he thinks this will continue. They have been able to handle the low interest rate environment so well and continue to generate earnings growth.
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(A Top Pick Oct 02/18, Up 20%) And it still looks cheap. It is so well positioned globally. Earnings are rising double digits. The dividend is growing and he thinks this will continue. They have been able to handle the low interest rate environment so well and continue to generate earnings growth.
BUY
BUY
October 7, 2019

It's big growth area is in Asia. It has been a terrific performer lately. They have to invest unearned insurance premiums. With interest rates so low people are afraid. But SLF-T is a growing money management firm and that area is doing better. They raise their dividend regularly.

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It's big growth area is in Asia. It has been a terrific performer lately. They have to invest unearned insurance premiums. With interest rates so low people are afraid. But SLF-T is a growing money management firm and that area is doing better. They raise their dividend regularly.

COMMENT
COMMENT
September 20, 2019
It trades at a premium to the group, but they have more capital deployment opportunities.
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It trades at a premium to the group, but they have more capital deployment opportunities.
COMMENT
COMMENT
September 13, 2019
Zero interest rates are horrendous for insurance companies. SLF-T is trying to become a wealth partner for people into retirement. This would turn them into a fee based business and there has been some success here. He finds other assets, like Canadian banks, easier to understand so he has not entered into this space.
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Zero interest rates are horrendous for insurance companies. SLF-T is trying to become a wealth partner for people into retirement. This would turn them into a fee based business and there has been some success here. He finds other assets, like Canadian banks, easier to understand so he has not entered into this space.
COMMENT
COMMENT
September 11, 2019
Bit of rotation from banks to insurers. High dividend, exposure to Asia-Pacific. Long-term demographics make sense. Low interest rates are a headwind.
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Bit of rotation from banks to insurers. High dividend, exposure to Asia-Pacific. Long-term demographics make sense. Low interest rates are a headwind.
WEAK BUY
WEAK BUY
August 15, 2019
Issue is that interest rates remain low. Has grown asset management franchise. Better global franchise. Bought into alternative asset classes. Insurance business is plodding along. Good dividend yield, not a high multiple. Prefers the banks, but not a bad idea at these levels.
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Issue is that interest rates remain low. Has grown asset management franchise. Better global franchise. Bought into alternative asset classes. Insurance business is plodding along. Good dividend yield, not a high multiple. Prefers the banks, but not a bad idea at these levels.
HOLD
HOLD
August 14, 2019
Insuranace companies make money investing the proceeds of premiums into bonds. If bond yields are low it hurts their profitability. SLF-T has done a good job to diversify their business geographically. He also likes how they have moved into money management. He likes it and will continue holding it. Yield 4%
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Insuranace companies make money investing the proceeds of premiums into bonds. If bond yields are low it hurts their profitability. SLF-T has done a good job to diversify their business geographically. He also likes how they have moved into money management. He likes it and will continue holding it. Yield 4%
HOLD
HOLD
August 12, 2019
All financials are not the same. Insurance companies have been the place to be recently. It's at support. Stick with the insurance companies but perhaps broaden out which ones you are in to avoid execution risk.
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All financials are not the same. Insurance companies have been the place to be recently. It's at support. Stick with the insurance companies but perhaps broaden out which ones you are in to avoid execution risk.
HOLD
HOLD
July 12, 2019
Not a bad stock, it's the best of the life insurers. But he's concerned about the financials in general. In for a more difficult time, as spreads are not conducive to profits. Late in the game to buy. Dividend's not bad. Tariffs could cause interest rates to decline even further.
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Not a bad stock, it's the best of the life insurers. But he's concerned about the financials in general. In for a more difficult time, as spreads are not conducive to profits. Late in the game to buy. Dividend's not bad. Tariffs could cause interest rates to decline even further.
COMMENT
COMMENT
July 3, 2019

MFC-T is the country's biggest life insurance company. He owns Sunlife instead as he feels it is better managed.

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MFC-T is the country's biggest life insurance company. He owns Sunlife instead as he feels it is better managed.

PAST TOP PICK
PAST TOP PICK
June 17, 2019
(A Top Pick May 30/18, Up 3%) He liked it then and likes it even more now. Lifecos are a good defensive play at this time, especially when they are all so well capitalized.
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(A Top Pick May 30/18, Up 3%) He liked it then and likes it even more now. Lifecos are a good defensive play at this time, especially when they are all so well capitalized.
TOP PICK
TOP PICK
June 17, 2019
The insurance companies are a fairly defensive position to be in. They have significant excess capital. In the most recent quarter there was new business strain, which leads to profitability later on. This is a reasonable investment to make. (Analysts’ price target is $56.45)
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The insurance companies are a fairly defensive position to be in. They have significant excess capital. In the most recent quarter there was new business strain, which leads to profitability later on. This is a reasonable investment to make. (Analysts’ price target is $56.45)
WAIT
WAIT
May 31, 2019
This is a solid stock. He did own it and took profits. He would buy back if it got to $50. A good defensive play. Good yield.
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This is a solid stock. He did own it and took profits. He would buy back if it got to $50. A good defensive play. Good yield.
BUY
BUY
April 18, 2019
He sold it 8 months ago, but still likes it. It's come back well. Definitely the best Canadian insurer to buy, but he's backing away from Canadian financials as a whole. It's a long-term hold that pays a good dividend. They're on top of the investment markets.
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He sold it 8 months ago, but still likes it. It's come back well. Definitely the best Canadian insurer to buy, but he's backing away from Canadian financials as a whole. It's a long-term hold that pays a good dividend. They're on top of the investment markets.
COMMENT
COMMENT
April 17, 2019
Insurance in a portfolio? He sold their Power Financial holding last year. Following the banking crisis it just has not recovered. It owns GreatWest Life and IGM -- neither has done well. Insurance is a better bet than banks, he thinks. He would prefer SLF-T in Canada and AFG-N in the US.
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Insurance in a portfolio? He sold their Power Financial holding last year. Following the banking crisis it just has not recovered. It owns GreatWest Life and IGM -- neither has done well. Insurance is a better bet than banks, he thinks. He would prefer SLF-T in Canada and AFG-N in the US.
BUY
BUY
April 9, 2019

Pays a 4% dividend and trades at 1.46 book. They have been diversifyign into welath management and buying a real estate business. Asia has done very well for them, growing at double digits. Well-run.

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Pays a 4% dividend and trades at 1.46 book. They have been diversifyign into welath management and buying a real estate business. Asia has done very well for them, growing at double digits. Well-run.

Showing 1 to 30 of 950 entries

Sun Life Financial Inc(SLF-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 12

Neutral - Hold Signals / Votes : 6

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 21

Stockchase rating for Sun Life Financial Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Sun Life Financial Inc(SLF-T) Frequently Asked Questions

What is Sun Life Financial Inc stock symbol?

Sun Life Financial Inc is a Canadian stock, trading under the symbol SLF-T on the Toronto Stock Exchange (SLF-CT). It is usually referred to as TSX:SLF or SLF-T

Is Sun Life Financial Inc a buy or a sell?

In the last year, 21 stock analysts published opinions about SLF-T. 12 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Sun Life Financial Inc.

Is Sun Life Financial Inc a good investment or a top pick?

Sun Life Financial Inc was recommended as a Top Pick by Zachary Curry on 2020-02-05. Read the latest stock experts ratings for Sun Life Financial Inc.

Why is Sun Life Financial Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Sun Life Financial Inc worth watching?

21 stock analysts on Stockchase covered Sun Life Financial Inc In the last year. It is a trending stock that is worth watching.

What is Sun Life Financial Inc stock price?

On 2020-02-26, Sun Life Financial Inc (SLF-T) stock closed at a price of $62.