Desjardins Predicts Stronger Earnings for Manulife Financial

Key Points

• Desjardins has raised its Q3 2025 earnings estimate for Manulife Financial to $1.05 per share, up from a previous forecast of $1.04, maintaining a "Buy" rating and a price target of $52.00.
• The consensus earnings estimate for Manulife Financial's full-year 2023 is $3.61 per share, with projections of $4.03 for FY2025 and $4.35 for FY2026.
• Manulife Financial recently declared a quarterly dividend of $0.44 per share, representing a yield of 4.0%, with a current dividend payout ratio of 54.19%.

Manulife Financial Co. (TSE:MFC - Free Report) NYSE: MFC - Investment analysts at Desjardins upped their Q3 2025 earnings estimates for Manulife Financial in a research report issued to clients and investors on Tuesday, October 14th. Desjardins analyst D. Young now forecasts that the financial services provider will earn $1.05 per share for the quarter, up from their previous forecast of $1.04. Desjardins has a "Buy" rating and a $52.00 price target on the stock. The consensus estimate for Manulife Financial's current full-year earnings is $3.61 per share. Desjardins also issued estimates for Manulife Financial's FY2025 earnings at $4.03 EPS and FY2026 earnings at $4.35 EPS.

Other analysts also recently issued research reports about the stock. Royal Bank Of Canada lowered their target price on shares of Manulife Financial from C$51.00 to C$49.00 and set an "outperform" rating for the company in a report on Friday, August 8th. National Bankshares lowered their target price on shares of Manulife Financial from C$48.00 to C$47.00 and set an "outperform" rating for the company in a report on Thursday, August 7th. Barclays increased their target price on shares of Manulife Financial from C$47.00 to C$48.00 and gave the company an "equal weight" rating in a report on Wednesday, October 8th. Finally, TD Securities increased their price target on shares of Manulife Financial from C$50.00 to C$54.00 in a research report on Wednesday, October 8th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of C$48.89.

Manulife Financial Trading Down 1.5%

MFC opened at C$44.50 on Friday. The company's fifty day moving average price is C$43.08 and its two-hundred day moving average price is C$42.68. Manulife Financial has a 1-year low of C$36.93 and a 1-year high of C$46.42. The company has a market cap of C$75.19 billion, a price-to-earnings ratio of 14.35, a PEG ratio of 1.01 and a beta of 0.93.

Manulife Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Friday, September 19th were given a dividend of $0.44 per share. The ex-dividend date was Wednesday, August 20th. This represents a $1.76 annualized dividend and a yield of 4.0%. Manulife Financial's dividend payout ratio is presently 54.19%.

Insiders Place Their Bets

In other Manulife Financial news, insider Paul Lorentz sold 178,425 shares of the stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of C$41.90, for a total transaction of C$7,476,007.50. Following the completion of the transaction, the insider owned 79,930 shares in the company, valued at C$3,349,067. This trade represents a 69.06% decrease in their ownership of the stock. Insiders have sold a total of 179,582 shares of company stock worth $7,516,321 in the last three months. 0.03% of the stock is owned by company insiders.

About Manulife Financial

Manulife provides life insurance and wealth management products and services to individuals and group customers in Canada, the United States, and Asia. Manulife is one of Canada's Big Three Life Insurance companies (the other two are Sun Life and Great West Life). As of Dec. 31, 2021, Manulife reported assets under management or administration of about CAD $1.4 trillion.

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