Manulife Financial (MFC) Stock Price, News & Analysis $19.94 +0.09 (+0.45%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$19.84▼$20.0150-Day Range$17.14▼$19.9352-Week Range$17.07▼$20.40Volume2.16 million shsAverage Volume3.43 million shsMarket Capitalization$36.14 billionP/E Ratio9.97Dividend Yield5.27%Price Target$26.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Manulife Financial MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside34.6% Upside$26.83 Price TargetShort InterestBearish2.03% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.39Upright™ Environmental ScoreNews Sentiment0.87Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth6.94%From $2.45 to $2.62 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.88 out of 5 starsFinance Sector50th out of 820 stocksLife Insurance Industry5th out of 17 stocks 3.2 Analyst's Opinion Consensus RatingManulife Financial has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.83, Manulife Financial has a forecasted upside of 34.6% from its current price of $19.94.Amount of Analyst CoverageManulife Financial has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted2.03% of the float of Manulife Financial has been sold short.Short Interest Ratio / Days to CoverManulife Financial has a short interest ratio ("days to cover") of 11.6, which indicates bearish sentiment.Change versus previous monthShort interest in Manulife Financial has recently increased by 42.54%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipManulife Financial is a leading dividend payer. It pays a dividend yield of 5.30%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthManulife Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Manulife Financial is 52.50%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Manulife Financial will have a dividend payout ratio of 40.08% next year. This indicates that Manulife Financial will be able to sustain or increase its dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreManulife Financial has received a 23.71% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Life insurance services for groups", "Retail banking services", "Retirement saving services", "Real estate funds", "Life insurance services for individuals", and "Long term disability insurance services for groups" products. See details.Environmental SustainabilityThe Environmental Impact score for Manulife Financial is -0.39. Previous Next 3.8 News and Social Media Coverage News SentimentManulife Financial has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Manulife Financial this week, compared to 6 articles on an average week.Search Interest43 people have searched for MFC on MarketBeat in the last 30 days. This is an increase of 105% compared to the previous 30 days.MarketBeat Follows10 people have added Manulife Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 11% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Manulife Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.04% of the stock of Manulife Financial is held by insiders.Percentage Held by Institutions45.02% of the stock of Manulife Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Manulife Financial are expected to grow by 6.94% in the coming year, from $2.45 to $2.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Manulife Financial is 9.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Manulife Financial is 9.97, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 35.55.Price to Earnings Growth RatioManulife Financial has a PEG Ratio of 0.81. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioManulife Financial has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Manulife Financial Stock (NYSE:MFC)Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in Asia, Canada, the United States, 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. The Insurance and Annuity Products segment provides deposit and credit products; and individual life insurance, individual and group long-term care insurance, and guaranteed and partially guaranteed annuity products through multiple distribution channels, including insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in property and casualty reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. The company also manages timberland and agricultural portfolios; and engages in insurance agency, investment counseling and dealer, portfolio and mutual fund management, property and casualty insurance, and mutual fund dealer businesses. Manulife Financial Corporation was incorporated in 1887 and is headquartered in Toronto, Canada.Read More MFC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MFC Stock News HeadlinesDecember 8, 2023 | msn.comManulife Stock: A Good Buy for Income-Hungry InvestorsDecember 8, 2023 | finance.yahoo.comManulife (MFC) Up 6.8% Since Last Earnings Report: Can It Continue?December 10, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comDecember 6, 2023 | nasdaq.comManulife Financial Corp. Shares Approach 52-Week High - Market MoverDecember 6, 2023 | finance.yahoo.comManulife's (MFC) Unit Inks Partnership With StepStone & ScannellDecember 5, 2023 | finance.yahoo.comManulife Investment Management Announces $1.2 Billion Industrial Recapitalization with Scannell Properties and StepStone Real EstateNovember 27, 2023 | seekingalpha.comManulife Financial: Lock In This Growing Dividend At A DiscountNovember 23, 2023 | finance.yahoo.comWhy Should You Stay Invested in Manulife (MFC) Stock Now?December 10, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 22, 2023 | finance.yahoo.comManulife Bank's Financial Health Survey Finds Economic Volatility Taking a Toll on CanadiansNovember 16, 2023 | finance.yahoo.comHintze’s CQS Sale Caps Slow Decline for Hedge Fund VeteranNovember 16, 2023 | finance.yahoo.comThere's A Lot To Like About Manulife Financial's (TSE:MFC) Upcoming CA$0.36 DividendNovember 15, 2023 | investing.comManulife Financial Corp Pref Class 1 Series 4 (MFC_pp)November 14, 2023 | msn.comManulife cuts 250 jobs in investment management divisionNovember 14, 2023 | msn.comManulife cuts 250 jobs at its wealth and asset management unit - reportNovember 10, 2023 | theglobeandmail.comClosing Bell: Manulife Financial Pref Ser 15 up on Friday (MFC-PR-L)November 10, 2023 | markets.businessinsider.comHold Rating on Manulife Financial: Navigating Potential Headwinds and Uncertainties in Key Performance IndicatorsNovember 10, 2023 | msn.comManulife Investment raises up to $224.5M for forest climate fundNovember 10, 2023 | finance.yahoo.comManulife Financial Corporation (NYSE:MFC) Q3 2023 Earnings Call TranscriptNovember 10, 2023 | finance.yahoo.comManulife Investment Management Announces Close on up to $224.5 Million in Commitments to Forest Climate FundNovember 9, 2023 | seekingalpha.comManulife Financial Corporation 2023 Q3 - Results - Earnings Call PresentationNovember 9, 2023 | nasdaq.comManulife Financial Q3 Profit ClimbsNovember 8, 2023 | msn.comCanada's Manulife posts higher quarterly profit on stronger Asia insurance salesNovember 8, 2023 | msn.comManulife reports net income of $1 billion in third quarterNovember 8, 2023 | msn.comManulife Financial Q3 core earnings beat helped by Asia growthNovember 8, 2023 | finance.yahoo.comHere's Why We Think Manulife Financial (TSE:MFC) Might Deserve Your Attention TodayNovember 1, 2023 | finance.yahoo.comManulife Financial (MFC) Reports Next Week: Wall Street Expects Earnings GrowthSee More Headlines Receive MFC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Manulife Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 9/19 Dividend8/22/2023Dividend Payable9/19/2023Last Earnings11/08/2023Ex-Dividend for 12/19 Dividend11/21/2023Today12/10/2023Dividend Payable12/19/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/21/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Life insurance Sub-IndustryN/A SectorFinance Current SymbolNYSE:MFC CUSIPN/A CIK1086888 Webwww.manulife.com Phone(416) 926-3000Fax416-926-5657Employees40,000Year Founded1887Price Target and Rating Average Stock Price Target$26.83 High Stock Price Target$33.00 Low Stock Price Target$19.00 Potential Upside/Downside+34.6%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.00 Trailing P/E Ratio9.97 Forward P/E Ratio8.14 P/E Growth0.81Net Income$5.53 billion Net Margins10.79% Pretax Margin13.03% Return on Equity15.07% Return on Assets0.78% Debt Debt-to-Equity Ratio0.15 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$13.19 billion Price / Sales2.74 Cash Flow$2.84 per share Price / Cash Flow7.03 Book Value$20.51 per share Price / Book0.97Miscellaneous Outstanding Shares1,812,390,000Free Float1,811,666,000Market Cap$36.14 billion OptionableOptionable Beta1.10 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Roy Gori (Age 53)President, CEO & Director Comp: $4.12MMr. Scott Sears Hartz C.F.A. (Age 62)Chief Investment Officer Comp: $1.98MMr. Marc M. CostantiniGlobal Head of Inforce ManagementMr. Philip James WitheringtonPresident & CEO of Manulife AsiaMr. Colin L. SimpsonChief Financial OfficerMr. Rahul Madhav JoshiChief Operations OfficerMs. Lynda D. SullivanExecutive VP & Chief Accounting OfficerMr. Shamus Edward WeilandChief Information OfficerMs. Adrienne O'Neill C.A.C.F.A., CPA, Head of Investor RelationsMr. James David GallagherGeneral CounselMore ExecutivesKey CompetitorsAflacNYSE:AFLAllstateNYSE:ALLTravelers CompaniesNYSE:TRVMizuho Financial GroupNYSE:MFGING GroepNYSE:INGView All CompetitorsInstitutional OwnershipVisionPoint Advisory Group LLCBought 5,831 shares on 12/6/2023Ownership: 0.000%Advisory Resource GroupBought 1,086 shares on 12/5/2023Ownership: 0.002%Wellington Management Group LLPSold 31,016 shares on 12/1/2023Ownership: 0.022%B. Riley Wealth Advisors Inc.Sold 1,844 shares on 12/1/2023Ownership: 0.001%American Century Companies Inc.Bought 107,639 shares on 11/30/2023Ownership: 0.069%View All Institutional Transactions MFC Stock Analysis - Frequently Asked Questions Should I buy or sell Manulife Financial stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" MFC shares. 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 MFC analyst ratings or view top-rated stocks. What is Manulife Financial's stock price target for 2024? 3 brokers have issued 1 year price objectives for Manulife Financial's stock. Their MFC share price targets range from $19.00 to $33.00. On average, they predict the company's stock price to reach $26.83 in the next twelve months. This suggests a possible upside of 34.6% from the stock's current price. View analysts price targets for MFC or view top-rated stocks among Wall Street analysts. How have MFC shares performed in 2023? Manulife Financial's stock was trading at $17.84 at the start of the year. Since then, MFC shares have increased by 11.8% and is now trading at $19.94. View the best growth stocks for 2023 here. Are investors shorting Manulife Financial? Manulife Financial saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 37,160,000 shares, an increase of 42.5% from the October 31st total of 26,070,000 shares. Based on an average trading volume of 3,200,000 shares, the short-interest ratio is currently 11.6 days. Currently, 2.0% of the shares of the stock are short sold. View Manulife Financial's Short Interest. When is Manulife Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024. View our MFC earnings forecast. How were Manulife Financial's earnings last quarter? Manulife Financial Co. (NYSE:MFC) released its quarterly earnings data on Wednesday, November, 8th. The financial services provider reported $0.69 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.09. The financial services provider had revenue of $6.95 billion for the quarter, compared to the consensus estimate of $11.07 billion. Manulife Financial had a net margin of 10.79% and a trailing twelve-month return on equity of 15.07%. How often does Manulife Financial pay dividends? What is the dividend yield for Manulife Financial? Manulife Financial announced a quarterly dividend on Wednesday, November 8th. Shareholders of record on Wednesday, November 22nd will be paid a dividend of $0.263 per share on Tuesday, December 19th. This represents a $1.05 dividend on an annualized basis and a yield of 5.28%. The ex-dividend date is Tuesday, November 21st. Read our dividend analysis for MFC. Is Manulife Financial a good dividend stock? Manulife Financial (NYSE:MFC) pays an annual dividend of $1.05 per share and currently has a dividend yield of 5.30%. MFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 52.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MFC will have a dividend payout ratio of 40.08% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MFC. What is Roy Gori's approval rating as Manulife Financial's CEO? 438 employees have rated Manulife Financial Chief Executive Officer Roy Gori on Glassdoor.com. Roy Gori has an approval rating of 94% among the company's employees. This puts Roy Gori in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 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). Who are Manulife Financial's major shareholders? Manulife Financial's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include TD Asset Management Inc (1.61%), National Bank of Canada FI (1.61%), Mackenzie Financial Corp (1.60%), Bank of Nova Scotia (1.32%), Toronto Dominion Bank (0.78%) and CIBC Asset Management Inc (0.77%). How do I buy shares of Manulife Financial? Shares of MFC stock 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. 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.Read More This page (NYSE:MFC) was last updated on 12/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Manulife Financial Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.