National Bank Financial Has Weak Outlook for MFC Q3 Earnings

Key Points

• National Bank Financial has downgraded its Q3 2025 earnings per share estimate for Manulife Financial from $0.77 to $0.74, reflecting a negative outlook on the company's performance.
• Manulife Financial's recent quarterly earnings report showed an EPS of $0.69, which missed analysts' expectations of $0.71, marking a decrease from $0.91 EPS in the same quarter last year.
• The company has announced a quarterly dividend of $0.3199 per share, which represents a slight reduction from the previous dividend of $0.32, and reflects a 4.3% dividend yield.

Manulife Financial Corp (NYSE:MFC - Free Report) TSE: MFC - Equities researchers at National Bank Financial decreased their Q3 2025 EPS estimates for Manulife Financial in a research report issued to clients and investors on Wednesday, August 6th. National Bank Financial analyst G. Dechaine now expects that the financial services provider will earn $0.74 per share for the quarter, down from their previous estimate of $0.77. The consensus estimate for Manulife Financial's current full-year earnings is $2.87 per share. National Bank Financial also issued estimates for Manulife Financial's FY2025 earnings at $2.91 EPS and FY2026 earnings at $3.23 EPS.

Manulife Financial (NYSE:MFC - Get Free Report) TSE: MFC last issued its quarterly earnings data on Wednesday, August 6th. The financial services provider reported $0.69 earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.02). Manulife Financial had a net margin of 10.46% and a return on equity of 15.77%. The company had revenue of $11.30 billion during the quarter. During the same quarter in the previous year, the firm earned $0.91 earnings per share.

MFC has been the topic of several other reports. Royal Bank Of Canada cut their target price on shares of Manulife Financial from $51.00 to $49.00 and set an "outperform" rating on the stock in a research report on Friday, August 8th. Morgan Stanley set a $46.00 price target on shares of Manulife Financial in a research note on Monday, May 19th.

Manulife Financial Trading Down 0.0%

MFC stock traded down $0.01 during mid-day trading on Monday, hitting $30.48. The stock had a trading volume of 465,128 shares, compared to its average volume of 2,300,959. The firm has a market capitalization of $51.76 billion, a P/E ratio of 13.60, a P/E/G ratio of 1.03 and a beta of 1.01. The firm has a fifty day simple moving average of $31.09 and a 200 day simple moving average of $30.54. Manulife Financial has a 52 week low of $25.72 and a 52 week high of $33.07.

Manulife Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 19th. Stockholders of record on Wednesday, August 20th will be given a dividend of $0.3199 per share. This is a boost from Manulife Financial's previous quarterly dividend of $0.32. This represents a $1.28 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Wednesday, August 20th. Manulife Financial's dividend payout ratio (DPR) is currently 57.14%.

Institutional Investors Weigh In On Manulife Financial

Several hedge funds and other institutional investors have recently modified their holdings of MFC. Eastern Bank grew its position in Manulife Financial by 156.1% during the second quarter. Eastern Bank now owns 968 shares of the financial services provider's stock valued at $31,000 after acquiring an additional 590 shares during the last quarter. Lazard Asset Management LLC bought a new stake in Manulife Financial in the fourth quarter valued at $35,000. Winnow Wealth LLC bought a new stake in Manulife Financial in the second quarter valued at $38,000. Transce3nd LLC bought a new stake in Manulife Financial in the fourth quarter valued at $42,000. Finally, William B. Walkup & Associates Inc. bought a new stake in shares of Manulife Financial during the 1st quarter valued at $43,000. 52.56% of the stock is currently owned by institutional investors.

About Manulife Financial

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.