Top-Rated Dividend StocksTop-Rated DividendNYSE:MFC Manulife Financial (MFC) Stock Price, News & Analysis → 8,788% Return Predicted For THIS Crypto (already up 40% in 6 months) (From Paradigm Press) (Ad) Free MFC Stock Alerts $24.07 -0.08 (-0.33%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$24.06▼$24.2750-Day Range$20.99▼$24.7952-Week Range$17.07▼$24.89Volume1.73 million shsAverage Volume3.56 million shsMarket Capitalization$43.47 billionP/E Ratio12.47Dividend Yield4.94%Price Target$33.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Manulife Financial alerts: Email Address Manulife Financial MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside38.5% Upside$33.33 Price TargetShort InterestBearish2.44% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.39Upright™ Environmental ScoreNews Sentiment0.97Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth9.59%From $2.71 to $2.97 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.90 out of 5 starsFinance Sector33rd out of 891 stocksLife Insurance Industry1st out of 20 stocks 3.5 Analyst's Opinion Consensus RatingManulife Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $33.33, Manulife Financial has a forecasted upside of 38.5% from its current price of $24.07.Amount of Analyst CoverageManulife Financial has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted2.44% 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 12.8, which indicates bearish sentiment.Change versus previous monthShort interest in Manulife Financial has recently increased by 16.34%, 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 4.93%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthManulife Financial has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Manulife Financial is 61.66%. 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 40.07% 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 3.3 News and Social Media Coverage News SentimentManulife Financial has a news sentiment score of 0.97. 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 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Manulife Financial this week, compared to 7 articles on an average week.Search Interest48 people have searched for MFC on MarketBeat in the last 30 days. This is an increase of 92% compared to the previous 30 days.MarketBeat Follows17 people have added Manulife Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 143% 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 9.59% in the coming year, from $2.71 to $2.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Manulife Financial is 12.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.99.Price to Earnings Ratio vs. SectorThe P/E ratio of Manulife Financial is 12.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.45.Price to Earnings Growth RatioManulife Financial has a PEG Ratio of 0.89. 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 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsCentral Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.That's why we have released our Free Precious Metals Investment Guide. About Manulife Financial Stock (NYSE:MFC)Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, 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 the 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. In addition, it provides integrated banking products and services. The company 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 HeadlinesMarch 15, 2024 | finance.yahoo.comManulife (MFC) Down 2.4% Since Last Earnings Report: Can It Rebound?March 13, 2024 | msn.comThe 11 best places to retire to in California, based on dataMarch 19, 2024 | Monument Traders Alliance (Ad)Make This $3 Trade the Instant the Opening Bell RingsSince the birth of Wall Street, one simple rule has remained the same.... Buy stocks that are cheap....When they’re on sale…. And when nobody else is looking…March 13, 2024 | americanbankingnews.comManulife Financial Co. (NYSE:MFC) Given Average Rating of "Buy" by AnalystsMarch 11, 2024 | ca.finance.yahoo.comAQN Jul 2024 10.000 putMarch 5, 2024 | prnewswire.comManulife announces additions to its Board of DirectorsMarch 5, 2024 | prnewswire.comManulife Investment Management Announces Close of $752 Million Manulife Capital Partners VII, L.P.March 3, 2024 | theglobeandmail.comClosing Bell: Manulife Financial Pref Ser 9 flat on Friday (MFC-PR-I)March 19, 2024 | Porter & Company (Ad)Urgent new message from Porter StansberryI’ve been in the financial markets for close to three decades… Yet, I’ve never seen an opportunity that’s so urgent, so critical, and yet so overlooked than what is unfolding right now. You see, in one corner of the markets a financial anomaly has emerged that promises to be the single most important story of 2024.February 29, 2024 | prnewswire.comManulife to host Investor Day in AsiaFebruary 27, 2024 | finance.yahoo.comManulife Holdings Berhad Full Year 2023 Earnings: EPS: RM0.36 (vs RM0.089 in FY 2022)February 24, 2024 | msn.comManulife Financial (MFC) Price Target Increased by 15.30% to 26.18February 23, 2024 | ca.finance.yahoo.comMFC Mar 2024 26.000 putFebruary 22, 2024 | finance.yahoo.comManulife Closes Milestone Reinsurance Transaction with Global AtlanticFebruary 22, 2024 | businesswire.comGlobal Atlantic Closes $10 Billion Block Reinsurance Transaction with Manulife across both US and Japan BusinessFebruary 22, 2024 | prnewswire.comManulife Closes Milestone Reinsurance Transaction with Global AtlanticFebruary 21, 2024 | realmoney.thestreet.comTD Securities gets more bearish on Manulife Financial, downgrades sharesFebruary 21, 2024 | realmoney.thestreet.comManulife Financial downgraded to Buy at TD Securities following outperformanceFebruary 21, 2024 | investorplace.comWall Street Favorites: 3 Dividend Stocks With Strong Buy Ratings for February 2024February 20, 2024 | prnewswire.comManulife announces Subordinated Debenture issueFebruary 20, 2024 | prnewswire.comManulife announces Normal Course Issuer BidFebruary 20, 2024 | 247wallst.com6 Dividend Stocks To Buy Under $25 With Incredible Upside PotentialFebruary 18, 2024 | ca.finance.yahoo.comMFC Mar 2024 24.000 putFebruary 17, 2024 | markets.businessinsider.comCIBC Keeps Their Hold Rating on Manulife Financial (MFC)February 17, 2024 | finance.yahoo.comManulife Financial Full Year 2023 Earnings: EPS: CA$2.62 (vs CA$3.68 in FY 2022)February 16, 2024 | realmoney.thestreet.comVeritas gets more bearish on Manulife Financial, downgrades sharesFebruary 16, 2024 | finance.yahoo.comThese Analysts Think Manulife Financial Corporation's (TSE:MFC) Sales Are Under ThreatSee 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 12/19 Dividend11/21/2023Dividend Payable12/19/2023Last Earnings2/14/2024Ex-Dividend for 3/19 Dividend2/27/2024Today3/18/2024Dividend Payable3/19/2024Next Earnings (Estimated)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Life insurance Sub-IndustryN/A Current SymbolNYSE:MFC CUSIPN/A CIK1086888 Webwww.manulife.com Phone(416) 926-3000Fax416-926-5657Employees40,000Year Founded1887Price Target and Rating Average Stock Price Target$33.33 High Stock Price Target$35.00 Low Stock Price Target$32.00 Potential Upside/Downside+38.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.93 Trailing P/E Ratio12.47 Forward P/E Ratio8.88 P/E Growth0.89Net Income$4.05 billion Net Margins10.42% Pretax Margin13.06% Return on Equity15.98% Return on Assets0.78% Debt Debt-to-Equity Ratio0.14 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$36.10 billion Price / Sales1.20 Cash Flow$3.30 per share Price / Cash Flow7.29 Book Value$17.25 per share Price / Book1.40Miscellaneous Outstanding Shares1,805,800,000Free Float1,805,076,000Market Cap$43.47 billion OptionableOptionable Beta1.08 Social Links These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Roy Gori (Age 53)President, CEO & Director Comp: $4.13MMr. Scott Sears Hartz C.F.A. (Age 63)Chief Investment Officer Comp: $1.99MMr. 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 CompetitorsPrudential FinancialNYSE:PRUMetLifeNYSE:METSun Life FinancialNYSE:SLFPrudentialNYSE:PUKCorebridge FinancialNYSE:CRBGView All CompetitorsInstitutional OwnershipB. Riley Wealth Advisors Inc.Bought 1,855 shares on 3/15/2024Ownership: 0.001%Hennessy Advisors Inc.Sold 15,500 shares on 3/14/2024Ownership: 0.015%Vanguard Group Inc.Bought 34,813 shares on 3/11/2024Ownership: 3.963%Wellington Management Group LLPBought 16,457 shares on 3/5/2024Ownership: 0.023%Fortis Group Advisors LLCBought 605 shares on 3/4/2024Ownership: 0.000%View All Institutional Transactions Should I Buy Manulife Financial Stock? MFC Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Manulife Financial was last updated on Friday, March 15, 2024 at 3:20 AM. Pros Here are some ways that investors could benefit from investing in Manulife Financial Co.: Manulife Financial Co. has shown consistent growth in its Wealth and Asset Management Businesses segment, providing investment advice and solutions to a diverse range of clients. The company offers a variety of insurance and annuity products through multiple distribution channels, catering to different customer needs and preferences. Manulife Financial Co. operates internationally, allowing investors to benefit from its global presence and diversified revenue streams. Recent analyst recommendations for Manulife Financial Co. have been positive, indicating potential upside in the stock price. The company's long-standing history and experience in the financial services industry provide a sense of stability and reliability to investors. Cons Investors should be bearish about investing in Manulife Financial Co. for these reasons: Market volatility and economic uncertainties could impact the financial performance of Manulife Financial Co., affecting investor returns. Regulatory changes in the financial services industry may pose challenges to the company's operations and profitability. Competition within the insurance and asset management sectors could pressure Manulife Financial Co.'s market share and margins. Fluctuations in interest rates and investment markets could influence the company's investment portfolio and overall financial health. Investors should carefully consider the current stock price of Manulife Financial Co. and evaluate whether it aligns with their investment objectives and risk tolerance. MFC Stock Analysis - Frequently Asked Questions Should I buy or sell Manulife Financial stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MFC shares. View MFC analyst ratings or view top-rated stocks. What is Manulife Financial's stock price target for 2024? 5 Wall Street analysts have issued 1-year target prices for Manulife Financial's stock. Their MFC share price targets range from $32.00 to $35.00. On average, they expect the company's share price to reach $33.33 in the next year. This suggests a possible upside of 38.5% 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 2024? Manulife Financial's stock was trading at $22.10 at the beginning of 2024. Since then, MFC stock has increased by 8.9% and is now trading at $24.07. View the best growth stocks for 2024 here. Are investors shorting Manulife Financial? Manulife Financial saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 37,750,000 shares, an increase of 255.5% from the January 31st total of 10,620,000 shares. Based on an average trading volume of 3,430,000 shares, the days-to-cover ratio is presently 11.0 days. Approximately 2.1% of the company's shares are sold short. 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, May 8th 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, February, 14th. The financial services provider reported $0.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.63 by $0.05. The financial services provider had revenue of $10.96 billion for the quarter, compared to analyst estimates of $7.57 billion. Manulife Financial had a trailing twelve-month return on equity of 15.98% and a net margin of 10.42%. How often does Manulife Financial pay dividends? What is the dividend yield for Manulife Financial? Manulife Financial announced a quarterly dividend on Wednesday, February 14th. Stockholders of record on Wednesday, February 28th will be given a dividend of $0.298 per share on Tuesday, March 19th. This represents a $1.19 annualized dividend and a yield of 4.95%. The ex-dividend date of this dividend is Tuesday, February 27th. This is a positive change from the stock's previous quarterly dividend of $0.26. Read our dividend analysis for MFC. Is Manulife Financial a good dividend stock? Manulife Financial (NYSE:MFC) pays an annual dividend of $1.19 per share and currently has a dividend yield of 4.93%. MFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 61.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MFC will have a dividend payout ratio of 40.07% 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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.96%), Vanguard Group Inc. (3.96%), TD Asset Management Inc (2.05%), Mackenzie Financial Corp (1.53%), National Bank of Canada FI (1.39%) and Beutel Goodman & Co Ltd. (1.37%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. 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 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceStock-Picking AI Predicts #1 Stock of 2024AltimetrySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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