Analysts Set Expectations for TSE:MFC Q2 Earnings

Key Points

• Cormark analysts estimate Manulife Financial's Q2 2025 earnings per share at $0.98, with a full-year consensus estimate of $3.61 per share.
• Recent brokerages' price targets for Manulife Financial decreased, with Barclays reducing their target from C$49.00 to C$45.00 and Scotiabank from C$53.00 to C$50.00.
• Manulife Financial has a quarterly dividend payout of $0.44 per share, representing an annual yield of 4.1% and a payout ratio of 49.79%.

Manulife Financial Co. (TSE:MFC - Free Report) NYSE: MFC - Research analysts at Cormark issued their Q2 2025 earnings per share (EPS) estimates for Manulife Financial in a research report issued on Wednesday, July 30th. Cormark analyst L. Persaud expects that the financial services provider will post earnings per share of $0.98 for the quarter. The consensus estimate for Manulife Financial's current full-year earnings is $3.61 per share.

A number of other equities analysts also recently issued reports on MFC. Scotiabank dropped their price target on Manulife Financial from C$53.00 to C$50.00 and set an "outperform" rating on the stock in a research report on Thursday, May 1st. Barclays dropped their price target on Manulife Financial from C$49.00 to C$45.00 in a research report on Friday, April 11th. Royal Bank Of Canada set a C$51.00 price target on Manulife Financial and gave the stock an "outperform" rating in a research report on Tuesday, April 15th. CIBC dropped their price objective 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. Finally, National Bankshares dropped their price objective on Manulife Financial from C$49.00 to C$48.00 in a research report on Friday, July 11th. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$47.88.

Manulife Financial Stock Performance

MFC stock traded down C$0.85 during midday trading on Friday, reaching C$42.02. The company's stock had a trading volume of 6,425,479 shares, compared to its average volume of 7,532,860. The stock has a fifty day simple moving average of C$42.86 and a two-hundred day simple moving average of C$42.78. Manulife Financial has a 1 year low of C$32.87 and a 1 year high of C$46.42. The firm has a market capitalization of C$73.70 billion, a price-to-earnings ratio of 13.08, a PEG ratio of 1.01 and a beta of 1.06.

Insiders Place Their Bets

In other Manulife Financial news, Director Ka Ming (Kenneth) Dai sold 1,073 shares of the firm's stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of C$42.96, for a total value of C$46,091.79. Also, Senior Officer Trevor Kreel sold 3,636 shares of the firm's stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of C$44.22, for a total value of C$160,781.74. In the last 90 days, insiders have sold 62,070 shares of company stock valued at $2,744,604. 0.03% of the stock is currently owned by corporate insiders.

Manulife Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 19th. Shareholders of record on Thursday, June 19th were issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Wednesday, May 21st. Manulife Financial's dividend payout ratio (DPR) is currently 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.