S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
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How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way

Manulife Financial (MFC) Stock Price, News & Analysis

$19.94
+0.09 (+0.45%)
(As of 12/8/2023 ET)
Compare
Today's Range
$19.84
$20.01
50-Day Range
$17.14
$19.93
52-Week Range
$17.07
$20.40
Volume
2.16 million shs
Average Volume
3.43 million shs
Market Capitalization
$36.14 billion
P/E Ratio
9.97
Dividend Yield
5.27%
Price Target
$26.83

Manulife Financial MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
34.6% Upside
$26.83 Price Target
Short Interest
Bearish
2.03% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.39
Upright™ Environmental Score
News Sentiment
0.87mentions of Manulife Financial in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.94%
From $2.45 to $2.62 Per Share

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 stars

Finance Sector

50th out of 820 stocks

Life Insurance Industry

5th out of 17 stocks


MFC stock logo

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.

MFC Stock Price History

MFC Stock News Headlines

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix 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.com
Why Should You Stay Invested in Manulife (MFC) Stock Now?
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix 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.com
Manulife Financial Q3 Profit Climbs
See More Headlines
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Company Calendar

Ex-Dividend for 9/19 Dividend
8/22/2023
Dividend Payable
9/19/2023
Last Earnings
11/08/2023
Ex-Dividend for 12/19 Dividend
11/21/2023
Today
12/10/2023
Dividend Payable
12/19/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/21/2024

Industry, Sector and Symbol

Industry
Life insurance
Sub-Industry
N/A
Sector
Finance
Employees
40,000
Year Founded
1887

Price 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 Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$5.53 billion
Pretax Margin
13.03%

Debt

Sales & Book Value

Annual Sales
$13.19 billion
Cash Flow
$2.84 per share
Book Value
$20.51 per share

Miscellaneous

Outstanding Shares
1,812,390,000
Free Float
1,811,666,000
Market Cap
$36.14 billion
Optionable
Optionable
Beta
1.10

Social Links

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Key Executives

  • Mr. Roy Gori (Age 53)
    President, CEO & Director
    Comp: $4.12M
  • Mr. Scott Sears Hartz C.F.A. (Age 62)
    Chief Investment Officer
    Comp: $1.98M
  • Mr. Marc M. Costantini
    Global Head of Inforce Management
  • Mr. Philip James Witherington
    President & CEO of Manulife Asia
  • Mr. Colin L. Simpson
    Chief Financial Officer
  • Mr. Rahul Madhav Joshi
    Chief Operations Officer
  • Ms. Lynda D. Sullivan
    Executive VP & Chief Accounting Officer
  • Mr. Shamus Edward Weiland
    Chief Information Officer
  • Ms. Adrienne O'Neill C.A.
    C.F.A., CPA, Head of Investor Relations
  • Mr. James David Gallagher
    General Counsel














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

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