Equities Analysts Issue Forecasts for TSE:MFC Q2 Earnings

Manulife Financial Co. (TSE:MFC - Free Report) NYSE: MFC - Equities research analysts at National Bank Financial lowered their Q2 2025 earnings per share estimates for shares of Manulife Financial in a report released on Thursday, July 10th. National Bank Financial analyst G. Dechaine now forecasts that the financial services provider will earn $0.97 per share for the quarter, down from their previous estimate of $0.98. 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 Q4 2025 earnings at $1.06 EPS, FY2025 earnings at $4.06 EPS and FY2026 earnings at $4.51 EPS.

A number of other brokerages have also issued reports on MFC. National Bankshares decreased their target price on Manulife Financial from C$49.00 to C$48.00 in a research report on Friday. CIBC decreased their target price on Manulife Financial from C$48.00 to C$46.00 and set a "neutral" rating on the stock in a research report on Thursday, May 1st. Jefferies Financial Group decreased their price objective on Manulife Financial from C$51.00 to C$46.00 in a report on Monday, April 21st. Scotiabank decreased their price objective on Manulife Financial from C$53.00 to C$50.00 and set an "outperform" rating on the stock in a report on Thursday, May 1st. Finally, Barclays decreased their price objective on Manulife Financial from C$49.00 to C$45.00 in a report on Friday, April 11th. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of C$47.88.

Manulife Financial Stock Performance

Shares of TSE:MFC traded up C$0.03 during midday trading on Monday, reaching C$41.74. 3,601,611 shares of the company's stock traded hands, compared to its average volume of 7,773,718. Manulife Financial has a 1 year low of C$32.87 and a 1 year high of C$46.42. The company has a market cap of C$73.21 billion, a P/E ratio of 12.99, a PEG ratio of 1.01 and a beta of 1.06. The company has a fifty day simple moving average of C$43.27 and a two-hundred day simple moving average of C$42.93.

Insiders Place Their Bets

In other Manulife Financial news, Senior Officer Trevor Kreel sold 3,636 shares of the firm's stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of C$44.22, for a total value of C$160,781.74. Also, Director Anthony Alex Silva acquired 2,200 shares of the business's stock in a transaction that occurred on Friday, May 30th. The shares were acquired at an average cost of C$43.77 per share, with a total value of C$96,301.92. Over the last ninety days, insiders sold 62,070 shares of company stock worth $2,744,604. 0.03% of the stock is currently owned by company insiders.

Manulife Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 19th. Shareholders of record on Thursday, June 19th were paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date of this dividend was Wednesday, May 21st. Manulife Financial's dividend payout ratio (DPR) is presently 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.