NYSE:MFC

Manulife Financial Stock Forecast, Price & News

$18.50
-0.12 (-0.64 %)
(As of 09/21/2021 04:00 PM ET)
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Today's Range
$18.43
$18.82
50-Day Range
$18.46
$20.45
52-Week Range
$13.13
$22.25
Volume2.71 million shs
Average Volume3.40 million shs
Market Capitalization$35.93 billion
P/E Ratio6.49
Dividend Yield4.83%
Beta1.4
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Manulife Financial logo

About Manulife Financial

Manulife Financial Corp. engages in the provision of financial services. It operates through the following segments: Asia, Canada, U.S., Global Wealth and Asset Management, and Corporate and Other. The Asia segment refers to insurance and insurance-based wealth accumulation products in Asia. The Canada segment offers insurance-based wealth accumulation products and banking services in Canada. The U.S. segment includes an in-force long-term care insurance business and an in-force annuity business. The Global Wealth and Asset Management segment delivers fee-based wealth solutions to retail, retirement, and institutional customers. The Corporate and Other segment comprises of investment performance on assets backing capital, net of amounts allocated to operating segments, financing costs, costs incurred by the corporate office related to shareholder activities, property and casualty reinsurance business, and run-off reinsurance business lines. The company was founded on April 26, 1999 and is headquartered in Toronto, Canada.

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MarketRank

Overall MarketRank

3.39 out of 5 stars

Finance Sector

4th out of 1,332 stocks

Life Insurance Industry

1st out of 28 stocks

Analyst Opinion: 4.2Community Rank: 4.8Dividend Strength: 3.3Insider Behavior: 0.8Valuation: 3.8 5 -4 -3 -2 -1 -
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Manulife Financial (NYSE:MFC) Frequently Asked Questions

Is Manulife Financial a buy right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Manulife Financial stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MFC, but not buy additional shares or sell existing shares.
View analyst ratings for Manulife Financial
or view top-rated stocks.

What stocks does MarketBeat like better than Manulife Financial?

Wall Street analysts have given Manulife Financial a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Manulife Financial wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Manulife Financial?

Manulife Financial saw a increase in short interest in August. As of August 31st, there was short interest totaling 12,470,000 shares, an increase of 52.4% from the August 15th total of 8,180,000 shares. Based on an average trading volume of 3,370,000 shares, the days-to-cover ratio is currently 3.7 days. Approximately 0.6% of the company's shares are short sold.
View Manulife Financial's Short Interest
.

When is Manulife Financial's next earnings date?

Manulife Financial is scheduled to release its next quarterly earnings announcement on Wednesday, November 3rd 2021.
View our earnings forecast for Manulife Financial
.

How can I listen to Manulife Financial's earnings call?

Manulife Financial will be holding an earnings conference call on Thursday, November 4th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Manulife Financial's earnings last quarter?

Manulife Financial Co. (NYSE:MFC) announced its quarterly earnings results on Wednesday, August, 4th. The financial services provider reported $0.68 earnings per share for the quarter, beating analysts' consensus estimates of $0.62 by $0.06. The financial services provider earned $21.02 billion during the quarter. Manulife Financial had a trailing twelve-month return on equity of 12.96% and a net margin of 7.52%.
View Manulife Financial's earnings history
.

How has Manulife Financial's stock been impacted by COVID-19?

Manulife Financial's stock was trading at $14.07 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MFC shares have increased by 31.5% and is now trading at $18.50.
View which stocks have been most impacted by COVID-19
.

How often does Manulife Financial pay dividends? What is the dividend yield for Manulife Financial?

Manulife Financial announced a quarterly dividend on Friday, August 6th. Investors of record on Tuesday, August 17th will be paid a dividend of $0.2233 per share on Monday, September 20th. This represents a $0.89 annualized dividend and a yield of 4.83%. The ex-dividend date of this dividend is Monday, August 16th.
View Manulife Financial's dividend history
.

Is Manulife Financial a good dividend stock?

Manulife Financial pays an annual dividend of $0.90 per share and currently has a dividend yield of 4.83%. MFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Manulife Financial is 43.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Manulife Financial will have a dividend payout ratio of 32.26% next year. This indicates that Manulife Financial will be able to sustain or increase its dividend.
View Manulife Financial's dividend history.

What price target have analysts set for MFC?

9 analysts have issued 1 year price objectives for Manulife Financial's shares. Their forecasts range from $27.00 to $36.00. On average, they anticipate Manulife Financial's share price to reach $30.50 in the next twelve months. This suggests a possible upside of 64.9% from the stock's current price.
View analysts' price targets for Manulife Financial
or view top-rated stocks among Wall Street analysts.

Who are Manulife Financial's key executives?

Manulife Financial's management team includes the following people:
  • Roy Gori, President, CEO & Non-Independent Director
  • Rahul M. Joshi, Chief Operations Officer
  • Philip Witherington, Chief Financial Officer
  • Shamus Edward Weiland, Chief Information Officer
  • Steven A. Finch, Chief Actuary & Executive Vice President

What is Roy Gori's approval rating as Manulife Financial's CEO?

438 employees have rated Manulife Financial CEO Roy Gori on Glassdoor.com. Roy Gori has an approval rating of 94% among Manulife Financial's employees. This puts Roy Gori in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Manulife Financial's key competitors?

What other stocks do shareholders of Manulife Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Manulife Financial investors own include AT&T (T), Bank of America (BAC), Energy Transfer (ET), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Intel (INTC), Pfizer (PFE), Verizon Communications (VZ), AbbVie (ABBV) and Citigroup (C).

What is Manulife Financial's stock symbol?

Manulife Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "MFC."

Who are Manulife Financial's major shareholders?

Manulife Financial's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.09%), Jarislowsky Fraser Ltd (2.15%), Mackenzie Financial Corp (2.00%), Bank of Nova Scotia (1.34%), FMR LLC (1.04%) and Caisse DE Depot ET Placement DU Quebec (1.00%).

Which institutional investors are selling Manulife Financial stock?

MFC stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Caisse DE Depot ET Placement DU Quebec, Mackenzie Financial Corp, Public Sector Pension Investment Board, Invesco Ltd., Alberta Investment Management Corp, CIBC Asset Management Inc, and Sumitomo Mitsui Trust Holdings Inc..

Which institutional investors are buying Manulife Financial stock?

MFC stock was acquired by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Morgan Stanley, Morgan Stanley, Man Group plc, Amundi, Deutsche Bank AG, CIBC World Markets Inc., and Mn Services Vermogensbeheer B.V..

How do I buy shares of Manulife Financial?

Shares of MFC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Manulife Financial's stock price today?

One share of MFC stock can currently be purchased for approximately $18.50.

How much money does Manulife Financial make?

Manulife Financial has a market capitalization of $35.93 billion and generates $58.91 billion in revenue each year. The financial services provider earns $3.98 billion in net income (profit) each year or $2.05 on an earnings per share basis.

How many employees does Manulife Financial have?

Manulife Financial employs 37,000 workers across the globe.

Does Manulife Financial have any subsidiaries?

The following companies are subsidiares of Manulife Financial: 8 Cross Street PADREF Investments Ltd., Benesure Canada Inc., John Hancock Canadian Corp., John Hancock Financial, John Hancock Group, John Hancock International Holdings Inc., John Hancock Reassurance Company Ltd., John Hancock Wealth Management, Manufacturers Life Capital Corp., Manulife Asset Management, Manulife Bank of Canada, Manulife Finance (Delaware) L.P., Manulife Finance Holdings Limited, Manulife Financial Advisers Pte. Ltd., Manulife Financial Capital Trust, Manulife Financial Corporation Insurance Investments, Manulife Financial Insurance Company, Manulife Securities Incorporated, NAL Resources Limited, Standard Life, TWC Securities Inc., The Manufacturers Life Insurance Company, and Zurich Life.

When was Manulife Financial founded?

Manulife Financial was founded in 1887.

What is Manulife Financial's official website?

The official website for Manulife Financial is www.manulife.com.

Where are Manulife Financial's headquarters?

Manulife Financial is headquartered at 200 BLOOR ST EAST NT-10, TORONTO A6, M4W1E5.

How can I contact Manulife Financial?

Manulife Financial's mailing address is 200 BLOOR ST EAST NT-10, TORONTO A6, M4W1E5. The financial services provider can be reached via phone at (416) 926-3000 or via email at [email protected].


This page was last updated on 9/21/2021 by MarketBeat.com Staff
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