National Bank Financial Weighs in on TSE:MFC Q2 Earnings

Manulife Financial Co. (TSE:MFC - Free Report) NYSE: MFC - Equities research analysts at National Bank Financial dropped their Q2 2025 EPS estimates for shares of Manulife Financial in a note issued to investors on Wednesday, May 7th. National Bank Financial analyst G. Dechaine now forecasts that the financial services provider will post earnings of $0.98 per share for the quarter, down from their previous estimate of $1.00. The consensus estimate for Manulife Financial's current full-year earnings is $3.61 per share. National Bank Financial also issued estimates for Manulife Financial's Q3 2025 earnings at $1.05 EPS, FY2025 earnings at $4.09 EPS and FY2026 earnings at $4.55 EPS.

Other research analysts also recently issued research reports about the company. Scotiabank reduced their price objective on Manulife Financial from C$53.00 to C$50.00 and set an "outperform" rating for the company in a research note on Thursday, May 1st. TD Securities increased their price objective on Manulife Financial from C$48.00 to C$49.00 and gave the stock a "buy" rating in a report on Thursday, February 20th. National Bankshares lowered their price objective on Manulife Financial from C$50.00 to C$49.00 and set an "outperform" rating on the stock in a research report on Thursday. Jefferies Financial Group lowered their price objective on shares of Manulife Financial from C$51.00 to C$46.00 in a research report on Monday, April 21st. Finally, Barclays dropped their target price on Manulife Financial from C$49.00 to C$45.00 in a research report on Friday, April 11th. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$48.00.

Manulife Financial Price Performance

Shares of TSE MFC traded down C$0.52 during mid-day trading on Friday, reaching C$42.88. 11,072,508 shares of the company's stock traded hands, compared to its average volume of 7,090,404. Manulife Financial has a 1-year low of C$32.87 and a 1-year high of C$46.42. The business has a 50-day simple moving average of C$42.06 and a 200 day simple moving average of C$43.18. The stock has a market cap of C$75.21 billion, a P/E ratio of 13.34, a PEG ratio of 1.01 and a beta of 1.06.

Insiders Place Their Bets

In other Manulife Financial news, Senior Officer Steve Finch sold 11,598 shares of the business's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of C$43.43, for a total transaction of C$503,646.63. Also, Director Kenneth Michael Ross sold 3,219 shares of the company's stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of C$44.91, for a total value of C$144,572.68. Over the last 90 days, insiders sold 18,683 shares of company stock worth $816,102. 0.03% of the stock is owned by corporate insiders.

Manulife Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Wednesday, May 21st will be given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 4.10%. Manulife Financial's payout ratio is 49.79%.

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.