Top-Rated Dividend StocksTop-Rated DividendNYSE:MFC Manulife Financial (MFC) Stock Price, News & Analysis → Trump’s arrest is phase one (From Porter & Company) (Ad) Free MFC Stock Alerts $25.87 0.00 (0.00%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$25.65▼$26.0050-Day Range$22.78▼$26.7052-Week Range$17.07▼$26.81Volume1.43 million shsAverage Volume3.19 million shsMarket Capitalization$46.46 billionP/E Ratio15.04Dividend Yield4.48%Price Target$33.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Manulife Financial alerts: Email Address Manulife Financial MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside28.8% Upside$33.33 Price TargetShort InterestBearish2.04% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.39Upright™ Environmental ScoreNews Sentiment1.27Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth8.03%From $2.74 to $2.96 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.92 out of 5 starsFinance Sector25th out of 833 stocksLife Insurance Industry4th out of 19 stocks 3.5 Analyst's Opinion Consensus RatingManulife Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageManulife Financial has only been the subject of 1 research reports in the past 90 days.Read more about Manulife Financial's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted2.04% of the float of Manulife Financial has been sold short.Short Interest Ratio / Days to CoverManulife Financial has a short interest ratio ("days to cover") of 11, which indicates bearish sentiment.Change versus previous monthShort interest in Manulife Financial has recently increased by 225.00%, indicating that investor sentiment is decreasing significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipManulife Financial is a leading dividend payer. It pays a dividend yield of 4.50%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthManulife Financial has been increasing its dividend for 11 years.Dividend CoverageThe dividend payout ratio of Manulife Financial is 67.44%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Manulife Financial will have a dividend payout ratio of 39.19% next year. This indicates that Manulife Financial will be able to sustain or increase its dividend.Read more about Manulife Financial's dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreManulife Financial has received a 23.71% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Life insurance services for groups", "Retail banking services", "Retirement saving services", "Real estate funds", "Life insurance services for individuals", and "Long term disability insurance services for groups" products. See details.Environmental SustainabilityThe Environmental Impact score for Manulife Financial is -0.39. Previous Next 2.9 News and Social Media Coverage News SentimentManulife Financial has a news sentiment score of 1.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.05 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Manulife Financial this week, compared to 7 articles on an average week.Search InterestOnly 19 people have searched for MFC on MarketBeat in the last 30 days. This is a decrease of -55% compared to the previous 30 days.MarketBeat Follows12 people have added Manulife Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Manulife Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.04% of the stock of Manulife Financial is held by insiders.Percentage Held by Institutions52.56% of the stock of Manulife Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Manulife Financial's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Manulife Financial are expected to grow by 8.03% in the coming year, from $2.74 to $2.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Manulife Financial is 15.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.56.Price to Earnings Ratio vs. SectorThe P/E ratio of Manulife Financial is 15.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.19.Price to Earnings Growth RatioManulife Financial has a PEG Ratio of 0.94. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioManulife Financial has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Manulife Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Market Moving TrendsTop 5 AI Stocks to Buy for 2024The electric vehicle boom is accelerating – and fast.Click to View The 5 Best AI Stocks to Invest In About Manulife Financial Stock (NYSE:MFC)Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments. The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks. The Insurance and Annuity Products segment provides deposit and credit products; and individual life insurance, individual and group long-term care insurance, and guaranteed and partially guaranteed annuity products through multiple distribution channels, including insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in the property and casualty reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. The company also manages timberland and agricultural portfolios; and engages in insurance agency, investment counseling and dealer, portfolio and mutual fund management, property and casualty insurance, and mutual fund dealer businesses. In addition, it provides integrated banking products and services. The company was incorporated in 1887 and is headquartered in Toronto, Canada.Read More MFC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MFC Stock News HeadlinesJune 5 at 8:30 AM | prnewswire.comManulife Financial Corporation announces results of Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 15May 23, 2024 | finance.yahoo.comManulife Launches a Two-Year Strategic Charity Partnership with Mind HKMay 21, 2024 | prnewswire.comManulife Financial Corporation announces Dividend Rates on Non-cumulative Rate Reset Class 1 Shares Series 15 and Non-cumulative Floating Rate Class 1 Shares Series 16May 15, 2024 | theglobeandmail.comClosing Bell: Manulife Financial Pref Ser 15 down on Tuesday (MFC-PR-L)May 14, 2024 | stockhouse.comManulife Investment Management Launches Two New Liquid Alternative Fixed-Income SolutionsMay 14, 2024 | prnewswire.comManulife/John Hancock Enters Five-Year, Multimillion Dollar Research Collaboration with MIT AgeLab to Drive Longevity Innovation and ResearchMay 10, 2024 | markets.businessinsider.comManulife Financial: Strong Performance and Promising Outlook Justify Buy RatingMay 10, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Financial Companies: Manulife Financial (MFC) and Brookfield Corporation (BN)May 10, 2024 | ca.finance.yahoo.comSun Life shares slump with U.S. dental biz recovering only in 2025May 9, 2024 | finance.yahoo.comUPDATE 2-Sun Life reports rare earnings miss as US business shows weaknessMay 9, 2024 | prnewswire.comManulife Announces Election of DirectorsMay 9, 2024 | investorplace.comMFC Stock Earnings: Manulife Financial Beats EPS, Misses Revenue for Q1 2024May 8, 2024 | ca.finance.yahoo.comManulife reports first-quarter net income of $866 millionMay 8, 2024 | theglobeandmail.comManulife’s first-quarter profit rises on Asia unit strengthMay 8, 2024 | finance.yahoo.comManulife Financial Edges up After Hours as First-Quarter Core Earnings Rise 16% on Business Growth and High Fee IncomeMay 8, 2024 | prnewswire.comManulife declares preferred share dividendsMay 8, 2024 | prnewswire.comManulife declares common share dividendMay 8, 2024 | prnewswire.comManulife Reports First Quarter 2024 ResultsMay 8, 2024 | finance.yahoo.comManulife Releases 2023 Sustainability Report and Public Accountability StatementMay 7, 2024 | finance.yahoo.comManulife Amends Its Normal Course Issuer Bid To Buy Back Up To An Additional 40-Million SharesMay 7, 2024 | prnewswire.comManulife Amends its Normal Course Issuer Bid to Repurchase for Cancellation up to an Additional 40 Million of its Common SharesMay 6, 2024 | finance.yahoo.comThree Leading Canadian Dividend Stocks With Yields Up To 5.5%May 3, 2024 | finance.yahoo.comThese High-Yield Dividend Stocks Are All The Rage Right Now, But Are They The Newest Yield Traps?May 2, 2024 | msn.comInvest $10,000 in This Dividend Stock for $2,620.16 in Passive IncomeMay 1, 2024 | investorplace.comShhh! 3 Secret Retirement Stocks Flying Below Wall Street's RadarSee More Headlines Receive MFC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Manulife Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/19 Dividend2/27/2024Dividend Payable3/19/2024Last Earnings5/08/2024Ex-Dividend for 6/19 Dividend5/21/2024Today6/07/2024Dividend Payable6/19/2024Next Earnings (Estimated)8/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Life insurance Sub-IndustryN/A Current SymbolNYSE:MFC CUSIPN/A CIK1086888 Webwww.manulife.com Phone(416) 926-3000Fax416-926-5657Employees40,000Year Founded1887Price Target and Rating Average Stock Price Target$33.33 High Stock Price Target$35.00 Low Stock Price Target$32.00 Potential Upside/Downside+28.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$1.72 Trailing P/E Ratio15.04 Forward P/E Ratio9.44 P/E Growth0.94Net Income$4.05 billion Net Margins9.28% Pretax Margin12.19% Return on Equity16.27% Return on Assets0.79% Debt Debt-to-Equity Ratio0.14 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$42.39 billion Price / Sales1.10 Cash Flow$3.33 per share Price / Cash Flow7.77 Book Value$17.25 per share Price / Book1.50Miscellaneous Outstanding Shares1,795,716,000Free Float1,794,998,000Market Cap$46.46 billion OptionableOptionable Beta1.09 Social Links The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Roy Gori (Age 54)President, CEO & Director Comp: $5.13MMr. Colin L. SimpsonChief Financial OfficerMr. Scott Sears Hartz C.F.A. (Age 63)Chief Investment Officer Comp: $2.16MMr. Marc M. CostantiniGlobal Head of Inforce ManagementMr. Paul Raymon LorentzPresident and CEO of Global Wealth & Asset ManagementMr. Philip James WitheringtonPresident & CEO of Manulife AsiaMr. Rahul Madhav JoshiChief Operations OfficerMs. Lynda D. SullivanExecutive VP & Chief Accounting OfficerMr. Shamus Edward WeilandChief Information OfficerMs. Adrienne O'Neill C.A.C.F.A., CPA, Head of Investor RelationsMore ExecutivesKey CompetitorsMetLifeNYSE:METPrudential FinancialNYSE:PRUSun Life FinancialNYSE:SLFPrudentialNYSE:PUKCorebridge FinancialNYSE:CRBGView All CompetitorsInstitutional OwnershipDekaBank Deutsche GirozentraleBought 200,426 shares on 6/4/2024Ownership: 0.116%Cetera Investment AdvisersBought 115,053 shares on 5/24/2024Ownership: 0.008%Cetera Advisors LLCBought 47,303 shares on 5/24/2024Ownership: 0.006%Invst LLCBought 8,933 shares on 5/24/2024Ownership: 0.000%Burney Co.Sold 20,302 shares on 5/22/2024Ownership: 0.002%View All Institutional Transactions Should I Buy Manulife Financial Stock? MFC Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Manulife Financial Co.: Manulife Financial has received multiple "buy" ratings from analysts, indicating positive sentiment towards the stock. The company has shown consistent growth in revenue and earnings, beating analyst estimates in recent quarters. Recent upgrades by financial institutions suggest a favorable outlook for the stock, potentially leading to price appreciation. Manulife Financial offers a dividend yield of 4.46%, providing investors with a steady income stream. The stock price has been trending upwards, reaching a one-year high, indicating positive market sentiment. Cons Investors should be bearish about investing in Manulife Financial Co. for these reasons: Market volatility and economic uncertainties could impact the financial services sector, affecting Manulife Financial's performance. Changes in interest rates could influence the company's profitability and investment returns. Regulatory changes in the financial industry may pose challenges for Manulife Financial's operations and growth prospects. Competition within the insurance and wealth management sector could pressure margins and market share for the company. Investors should carefully monitor the company's financial leverage and debt levels for any potential risks to financial stability. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, June 5, 2024. Please send any questions or comments about these Manulife Financial pros and cons to contact@marketbeat.com. MFC Stock Analysis - Frequently Asked Questions Should I buy or sell Manulife Financial stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MFC shares. View MFC analyst ratings or view top-rated stocks. What is Manulife Financial's stock price target for 2024? 6 equities research analysts have issued 12-month price targets for Manulife Financial's stock. Their MFC share price targets range from $32.00 to $35.00. On average, they expect the company's stock price to reach $33.33 in the next year. This suggests a possible upside of 28.8% from the stock's current price. View analysts price targets for MFC or view top-rated stocks among Wall Street analysts. How have MFC shares performed in 2024? Manulife Financial's stock was trading at $22.10 at the start of the year. Since then, MFC shares have increased by 17.1% and is now trading at $25.87. View the best growth stocks for 2024 here. Are investors shorting Manulife Financial? Manulife Financial saw a increase in short interest in May. As of May 15th, there was short interest totaling 36,790,000 shares, an increase of 225.0% from the April 30th total of 11,320,000 shares. Based on an average trading volume of 3,340,000 shares, the short-interest ratio is currently 11.0 days. Currently, 2.0% of the company's stock are short sold. View Manulife Financial's Short Interest. When is Manulife Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024. View our MFC earnings forecast. How were Manulife Financial's earnings last quarter? Manulife Financial Co. (NYSE:MFC) posted its earnings results on Wednesday, May, 8th. The financial services provider reported $0.70 EPS for the quarter, beating analysts' consensus estimates of $0.66 by $0.04. The financial services provider had revenue of $9.49 billion for the quarter, compared to the consensus estimate of $8.85 billion. Manulife Financial had a trailing twelve-month return on equity of 16.27% and a net margin of 9.28%. How often does Manulife Financial pay dividends? What is the dividend yield for Manulife Financial? Manulife Financial announced a quarterly dividend on Wednesday, May 8th. Stockholders of record on Wednesday, May 22nd will be given a dividend of $0.29 per share on Wednesday, June 19th. This represents a $1.16 annualized dividend and a dividend yield of 4.48%. The ex-dividend date of this dividend is Tuesday, May 21st. Read our dividend analysis for MFC. Is Manulife Financial a good dividend stock? Manulife Financial (NYSE:MFC) pays an annual dividend of $1.16 per share and currently has a dividend yield of 4.50%. MFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 67.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MFC will have a dividend payout ratio of 39.19% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MFC. What ETFs hold Manulife Financial's stock? ETFs with the largest weight of Manulife Financial (NYSE:MFC) stock in their portfolio include Franklin FTSE Canada ETF (FLCA), JPMorgan BetaBuilders Canada ETF (BBCA), iShares MSCI Canada ETF (EWC), iShares International Dividend Growth ETF (IGRO), Virtus WMC International Dividend ETF (VWID), Distillate International Fundamental Stability & Value ETF (DSTX), First Trust S&P International Dividend Aristocrats ETF (FID) and iShares International Select Dividend ETF (IDV). What is Roy Gori's approval rating as Manulife Financial's CEO? 438 employees have rated Manulife Financial Chief Executive Officer Roy Gori on Glassdoor.com. Roy Gori has an approval rating of 94% among the company's employees. This puts Roy Gori in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Manulife Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other Manulife Financial investors own include AT&T (T), Bank of America (BAC), Energy Transfer (ET), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Intel (INTC), Pfizer (PFE), Verizon Communications (VZ), AbbVie (ABBV) and Citigroup (C). Who are Manulife Financial's major shareholders? Manulife Financial's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.03%), TD Asset Management Inc (1.93%), National Bank of Canada FI (1.60%), Toronto Dominion Bank (1.30%), 1832 Asset Management L.P. (0.82%) and Canada Pension Plan Investment Board (0.30%). How do I buy shares of Manulife Financial? Shares of MFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Manulife Financial have any subsidiaries? The following companies are subsidiares of Manulife Financial: 8 Cross Street PADREF Investments Ltd., Benesure Canada Inc., John Hancock Canadian Corp., John Hancock Financial, John Hancock Group, John Hancock International Holdings Inc., John Hancock Reassurance Company Ltd., John Hancock Wealth Management, Manufacturers Life Capital Corp., Manulife Asset Management, Manulife Bank of Canada, Manulife Finance (Delaware) L.P., Manulife Finance Holdings Limited, Manulife Financial Advisers Pte. Ltd., Manulife Financial Capital Trust, Manulife Financial Corporation Insurance Investments, Manulife Financial Insurance Company, Manulife Securities Incorporated, NAL Resources Limited, Standard Life, TWC Securities Inc., The Manufacturers Life Insurance Company, and Zurich Life.Read More This page (NYSE:MFC) was last updated on 6/8/2024 by MarketBeat.com Staff From Our PartnersMillionaire-Making “Wealth Pattern” Just Repeated on April 22If you think you missed out on the Bitcoin band wagon… You need to watch this immediately.Paradigm Press | SponsoredBreaking - The US Gov. Seized CITGODo you want an investment that can double or triple your money in the next three months? 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