Q2 EPS Estimates for MFC Cut by National Bank Financial

Manulife Financial Co. (NYSE:MFC - Free Report) TSE: MFC - Analysts at National Bank Financial decreased their Q2 2025 earnings per share estimates for Manulife Financial in a research report issued on Wednesday, May 7th. National Bank Financial analyst G. Dechaine now forecasts that the financial services provider will post earnings per share of $0.71 for the quarter, down from their prior forecast of $0.72. 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 Q4 2025 earnings at $0.77 EPS and FY2025 earnings at $2.94 EPS.

Manulife Financial (NYSE:MFC - Get Free Report) TSE: MFC last posted its earnings results on Wednesday, May 7th. The financial services provider reported $0.69 earnings per share for the quarter, missing analysts' consensus estimates of $0.70 by ($0.01). Manulife Financial had a net margin of 10.08% and a return on equity of 15.98%. The company had revenue of $1.49 billion during the quarter. During the same quarter in the previous year, the company earned $0.94 EPS.

A number of other analysts also recently commented on the company. Scotiabank reaffirmed an "outperform" rating on shares of Manulife Financial in a research report on Monday, February 3rd. Royal Bank of Canada increased their price target on Manulife Financial from $49.00 to $51.00 and gave the company an "outperform" rating in a research report on Friday, February 21st. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $45.50.

Manulife Financial Trading Down 0.3%

Shares of MFC traded down $0.11 on Monday, reaching $31.64. 2,861,829 shares of the company's stock traded hands, compared to its average volume of 2,165,366. The stock has a market cap of $54.19 billion, a PE ratio of 15.29, a PEG ratio of 1.11 and a beta of 1.00. The stock's 50 day simple moving average is $29.90 and its two-hundred day simple moving average is $30.49. Manulife Financial has a 52-week low of $23.30 and a 52-week high of $33.07.

Hedge Funds Weigh In On Manulife Financial

Several large investors have recently modified their holdings of MFC. Dorsey & Whitney Trust CO LLC purchased a new position in Manulife Financial in the 4th quarter valued at approximately $330,000. AEGON ASSET MANAGEMENT UK Plc grew its position in shares of Manulife Financial by 14.9% in the fourth quarter. AEGON ASSET MANAGEMENT UK Plc now owns 88,631 shares of the financial services provider's stock valued at $2,719,000 after purchasing an additional 11,509 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Manulife Financial by 28.7% in the fourth quarter. Geode Capital Management LLC now owns 10,650,598 shares of the financial services provider's stock valued at $333,291,000 after purchasing an additional 2,377,338 shares in the last quarter. Prudential Financial Inc. grew its position in shares of Manulife Financial by 60.4% in the fourth quarter. Prudential Financial Inc. now owns 36,200 shares of the financial services provider's stock valued at $1,112,000 after purchasing an additional 13,638 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Manulife Financial by 4.7% in the fourth quarter. Bank of New York Mellon Corp now owns 1,809,774 shares of the financial services provider's stock valued at $55,578,000 after purchasing an additional 81,799 shares in the last quarter. Hedge funds and other institutional investors own 52.56% of the company's stock.

Manulife Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Wednesday, May 21st will be issued a dividend of $0.3194 per share. The ex-dividend date of this dividend is Wednesday, May 21st. This is an increase from Manulife Financial's previous quarterly dividend of $0.31. This represents a $1.28 annualized dividend and a yield of 4.04%. Manulife Financial's dividend payout ratio is 63.87%.

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.