How to Buy Sun Life Financial Stock
Sun Life Financial Inc
Sun Life Financial is a life insurance company located in Ontario, Canada, which is part of the Financial Services sector, and is traded under the ticker SLF on the NYSE exchange.
Sun Life Financial stock last closed at $61.21, down 0.1% from the previous day, and has increased 2.86% in one year. It has underperformed other stocks in the Insurance - Diversified industry by 0.02 percentage points. Sun Life Financial stock is currently +16.72% from its 52-week low of $52.44, and -8.38% from its 52-week high of $66.81.
There are currently 558.4M SLF shares outstanding. The market capitalization of SLF is $34.18B. In the last 24 hours, 441,000 SLF shares were traded.
How to Buy Sun Life Financial Stock
Wondering how to invest in Sun Life Financial stock? Here's how.
- Decide where to buy Sun Life Financial stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Sun Life Financial stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your payment method and add your details.
- Analyze Sun Life Financial stock: The Sun Life Financial ticker symbol is SLF. Is Sun Life Financial stock a good investment? Should you buy shares of SLF? How do SLF's underlying business fundamentals look? Do top analysts think Sun Life Financial is a good buy? Why has SLF's stock price moved recently? (Hint: Our stock research tools can help you decide if SLF is a good stock to buy).
- Make your SLF purchase: Decide if you will purchase SLF shares at the current market price or use a limit order to buy SLF stock at a particular price.
- Keep tabs on your SLF investment: Create a watchlist to get live updates on your position in Sun Life Financial shares.
Step 1: Decide where to buy Sun Life Financial stock
You will need an online brokerage account in order to access the NYSE market and buy SLF stock.
Our preferred brokerage: eToro
Based on our experience, eToro is the best brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global financial markets: From Technology to Healthcare, New York to Shanghai (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by opening an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked your brokerage, it's time to fill out some personal information so you can invest in SLF stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open your new brokerage account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on the best stock trading app, you can securely and quickly fund your account:
Check out the video below if you need help depositing funds into your brokerage account.
Step 4: Analyze Sun Life Financial stock
After you have decided on the best place to buy Sun Life Financial stock, it's very important to research their stock before you buy, so you truly wrap your head around the risk as well as the upside.
Sun Life Financial shares data
SLF Due Diligence Checks
WallStreetZen was built to help part-time investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on SLF's stock page.
Is SLF stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SLF's true value.
Using relative valuations measures:
- SLF could be undervalued based on its P/E ratio of 16.2x, relative to Insurance - Diversified industry P/E ratio of 18.53x
- SLF could be overvalued based on its P/B ratio of 1.91x, relative to Insurance - Diversified industry P/B ratio of 1.57x
- SLF could be undervalued based on its PEG ratio of 0.5x
You can access additional valuation research on SLF's stock here.
How do SLF Financials look?
Pros:
- SLF earnings of $3.37B is not enough to cover its interest payments.
- SLF's operating cash flow of $1.58B allows it to safely service it's debt of $6.78B.
Cons:
- SLF profit margin has gone down from 10.9% to 8.6% in the past year.
- Total SLF debt is higher than 5 years ago, relative to shareholder equity.
- SLF has a relatively high debt to equity ratio of 14.73.
Is it a good time to buy Sun Life Financial stock, according to Wall Street analysts?
Out of 1 sell side analysts who give recommendations on SLF, the consensus analyst rating on SLF is a Hold
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Sun Life Financial stock forecast page.
Metrics for Advanced SLF Traders
How are SLF Revenues/Earnings doing?
Last year, SLF earnings were $2.13B. Over the last five year, SLF's earnings have grown by 4.66% per year. This was slower than the Insurance - Diversified industry average of 14.83%.
Last year, SLF revenue was $24.67B. Over the past 5 year, SLF's revenue has grown by -3.71% per year. This was slower than the Insurance - Diversified industry average of 6.38%.
Dive into SLF's earnings and revenue performance here.
What are SLF insiders up to?
Over the last 12 months, executives and large shareholders at SLF have not bought or sold any shares.
Research more about who owns SLF stock here.
Does SLF provide a stable income stream?
Sun Life Financial dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Sun Life Financial dividend yield and history here.
What others are saying about SLF
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your SLF purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, place a limit order.
Press the Open Trade button and your broker will execute the order.
If you require additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your SLF investment
Now that you own some SLF stock, you'll want to stay up-to-date on your company.
Create a watchlist to get notified of important updates regarding your SLF stock.
SLF Feed
How to Buy Stock in Sun Life Financial
To reiterate, here are the 6 steps to buy stock in Sun Life Financial:
- Decide where to buy Sun Life Financial stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Analyze Sun Life Financial stock
- Make your SLF purchase
- Keep tabs on your SLF investment
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to watch your new investment in Sun Life Financial, get started below.
Trending "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.