NYSE:MFC - Manulife Financial Stock Price, News, & Analysis

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$18.59 +0.12 (+0.65 %)
(As of 09/20/2018 04:00 PM ET)
Previous Close$18.47
Today's Range$18.50 - $18.69
52-Week Range$17.44 - $22.16
Volume4.21 million shs
Average Volume2.20 million shs
Market Capitalization$35.40 billion
P/E Ratio10.87
Dividend Yield3.79%
Beta1.28
Manulife Financial logoManulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the United States. The company offers individual life, and individual and group long-term care insurance through insurance agents, brokers, banks, financial planners, and direct marketing. It also provides pension contracts and mutual fund products and services; various retirement products to group benefit plans; and annuities, single premium, and banking products, such as deposit and credit products to Canadian customers, as well as non-guaranteed, partially guaranteed, and fully guaranteed investment options through general and separate account products. It distributes wealth and asset management products through insurance agents and brokers affiliated with the company, securities brokerage firms, financial planners, pension plan sponsors, pension plan consultants, and banks. In addition, the company is involved in the asset management business; property and casualty insurance and reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. Further, it manages timberland and agricultural portfolios; and insurance agency, investment counseling, portfolio and mutual fund management, mutual fund dealer, life and financial reinsurance, and mutual funds marketing businesses, as well as investment management, advisory, and dealer activities. Additionally, the company holds and manages oil and gas properties; holds oil and gas royalties, and foreign bonds and equities; and develops and operates hydro-electric power projects. Manulife Financial Corporation was founded in 1887 and is headquartered in Toronto, Canada.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Life insurance
Sub-IndustryN/A
SectorFinance
SymbolNYSE:MFC
CUSIPN/A
Phone416-926-3000

Debt

Debt-to-Equity Ratio0.11
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio10.87
Forward P/E Ratio9.16
P/E Growth0.88

Sales & Book Value

Annual Sales$44.97 billion
Price / Sales0.82
Cash Flow$3.0983 per share
Price / Cash6.00
Book Value$15.04 per share
Price / Book1.24

Profitability

EPS (Most Recent Fiscal Year)$1.71
Net Income$1.60 billion
Net Margins4.22%
Return on Equity12.69%
Return on Assets0.69%

Miscellaneous

Employees34,000
Outstanding Shares1,984,070,000
Market Cap$35.40 billion

Manulife Financial (NYSE:MFC) Frequently Asked Questions

What is Manulife Financial's stock symbol?

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

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

Manulife Financial declared a quarterly dividend on Wednesday, August 8th. Investors of record on Tuesday, August 21st will be paid a dividend of $0.169 per share on Wednesday, September 19th. This represents a $0.68 annualized dividend and a yield of 3.64%. The ex-dividend date of this dividend is Monday, August 20th. This is an increase from Manulife Financial's previous quarterly dividend of $0.13. View Manulife Financial's Dividend History.

How were Manulife Financial's earnings last quarter?

Manulife Financial Co. (NYSE:MFC) announced its quarterly earnings results on Wednesday, August, 8th. The financial services provider reported $0.70 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.49 by $0.21. The financial services provider earned $10.59 billion during the quarter. Manulife Financial had a net margin of 4.22% and a return on equity of 12.69%. During the same quarter in the previous year, the company earned $0.57 earnings per share. View Manulife Financial's Earnings History.

When is Manulife Financial's next earnings date?

Manulife Financial is scheduled to release their next quarterly earnings announcement on Wednesday, November, 14th 2018. View Earnings Estimates for Manulife Financial.

What price target have analysts set for MFC?

6 brokerages have issued 12-month price objectives for Manulife Financial's stock. Their forecasts range from $26.00 to $31.00. On average, they expect Manulife Financial's share price to reach $28.50 in the next year. This suggests a possible upside of 53.3% from the stock's current price. View Analyst Price Targets for Manulife Financial.

What is the consensus analysts' recommendation for Manulife Financial?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Manulife Financial.

Who are some of Manulife Financial's key competitors?

Who are Manulife Financial's key executives?

Manulife Financial's management team includes the folowing people:
  • Mr. Rocco Gori, Pres, CEO & Director (Age 48)
  • Ms. Linda Provie Mantia, Sr. Exec. VP & COO
  • Mr. Warren Alfred Thomson FCPA, Sr. EVP, Chief Investment Officer & Chairman of Global Wealth and Asset Management (Age 63)
  • Ms. Marianne Harrison, Pres & CEO of John Hancock
  • Mr. Philip James Witherington, Sr. EVP & CFO

Has Manulife Financial been receiving favorable news coverage?

News headlines about MFC stock have been trending somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Manulife Financial earned a news and rumor sentiment score of 0.18 on Accern's scale. They also assigned news coverage about the financial services provider an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for Manulife Financial.

Who are Manulife Financial's major shareholders?

Manulife Financial's stock is owned by a number of of institutional and retail investors. Top institutional investors include TD Asset Management Inc. (2.66%), CIBC Asset Management Inc (1.45%), Great West Life Assurance Co. Can (1.06%), Letko Brosseau & Associates Inc. (0.97%), Connor Clark & Lunn Investment Management Ltd. (0.89%) and Bank of Nova Scotia (0.72%).

Which major investors are selling Manulife Financial stock?

MFC stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, TD Asset Management Inc., CIBC Asset Management Inc, Russell Investments Group Ltd., AGF Investments Inc., Massachusetts Financial Services Co. MA, Morgan Stanley and Renaissance Technologies LLC.

Which major investors are buying Manulife Financial stock?

MFC stock was purchased by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Addenda Capital Inc., Janus Henderson Group PLC, Letko Brosseau & Associates Inc., EdgePoint Investment Group Inc., Fiera Capital Corp, Point72 Asset Management L.P. and Connor Clark & Lunn Investment Management Ltd..

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Manulife Financial's stock price today?

One share of MFC stock can currently be purchased for approximately $18.59.

How big of a company is Manulife Financial?

Manulife Financial has a market capitalization of $35.40 billion and generates $44.97 billion in revenue each year. The financial services provider earns $1.60 billion in net income (profit) each year or $1.71 on an earnings per share basis. Manulife Financial employs 34,000 workers across the globe.

How can I contact Manulife Financial?

Manulife Financial's mailing address is 200 Bloor Street East NT 11, Toronto A6, M4W1E5. The financial services provider can be reached via phone at 416-926-3000 or via email at [email protected]


MarketBeat Community Rating for Manulife Financial (NYSE MFC)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  313 (Vote Outperform)
Underperform Votes:  236 (Vote Underperform)
Total Votes:  549
MarketBeat's community ratings are surveys of what our community members think about Manulife Financial and other stocks. Vote "Outperform" if you believe MFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/20/2018 by MarketBeat.com Staff

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