Top MarketRank™ StocksTop MarketRank™Top-Rated Dividend StocksTop-Rated DividendNYSE:MFC Manulife Financial (MFC) Stock Price, News & Analysis $26.00 +0.19 (+0.74%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$25.89▼$26.1550-Day Range$25.12▼$27.1952-Week Range$17.07▼$27.51Volume1.26 million shsAverage Volume2.85 million shsMarket Capitalization$46.39 billionP/E Ratio15.11Dividend Yield4.46%Price Target$35.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Manulife Financial alerts: Email Address Manulife Financial MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside34.6% Upside$35.00 Price TargetShort InterestBearish0.65% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.39Upright™ Environmental ScoreNews Sentiment0.51Based on 17 Articles This WeekInsider TradingN/AProj. Earnings Growth7.69%From $2.73 to $2.94 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.4.96 out of 5 starsFinance Sector10th out of 898 stocksLife Insurance Industry3rd out of 21 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 7 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageManulife Financial has only been the subject of 2 research reports in the past 90 days.Read more about Manulife Financial's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted0.65% 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 4.9.Change versus previous monthShort interest in Manulife Financial has recently increased by 79.29%, indicating that investor sentiment is decreasing significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipManulife Financial is a leading dividend payer. It pays a dividend yield of 4.52%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthManulife Financial has been increasing its dividend for 11 years.Dividend CoverageThe dividend payout ratio of Manulife Financial is 67.44%. 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 39.46% next year. This indicates that Manulife Financial will be able to sustain or increase its dividend.Read more about Manulife Financial's 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 3.1 News and Social Media Coverage News SentimentManulife Financial has a news sentiment score of 0.51. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Manulife Financial this week, compared to 7 articles on an average week.Search Interest32 people have searched for MFC on MarketBeat in the last 30 days. This is an increase of 191% compared to the previous 30 days.MarketBeat Follows14 people have added Manulife Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 180% 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 Institutions52.56% of the stock of Manulife Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Manulife Financial's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Manulife Financial are expected to grow by 7.69% in the coming year, from $2.73 to $2.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Manulife Financial is 15.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Manulife Financial is 15.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.20.Price to Earnings Growth RatioManulife Financial has a PEG Ratio of 0.94. 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 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Manulife Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyKiss of death from Joe BidenI did not consent. You did not consent. It’s in direct violation of the U.S. Constitution but they do not care.I have uncovered a bombshell that changes everything… and threatens everything. 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 HeadlinesJuly 26 at 12:26 AM | msn.comThe 3 Most Popular Stocks on the TSX Today: Do You Own Them?July 26 at 12:26 AM | theglobeandmail.comClosing Bell: Manulife Financial Pref Ser 15 down on Thursday (MFC-PR-L)July 26, 2024 | Monument Traders Alliance (Ad)This student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... In fact, it just detected a move happening this MONDAY.July 25 at 3:58 AM | ca.finance.yahoo.com2 Incredible Dividend Growers to Buy Hand Over Fist in July 2024July 24 at 8:00 AM | prnewswire.comManulife to Release Second Quarter 2024 ResultsJuly 23 at 5:23 AM | theglobeandmail.comClosing Bell: Manulife Financial Cl A Pref Ser 2 flat on Monday (MFC-PR-B)July 23 at 12:21 AM | theglobeandmail.comClosing Bell: Manulife Financial Class 1 Sh Ser 4 up on Monday (MFC-PR-P)July 20, 2024 | americanbankingnews.comManulife Financial Co. Forecasted to Post Q2 2024 Earnings of $0.64 Per Share (NYSE:MFC)July 26, 2024 | Monument Traders Alliance (Ad)This student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... In fact, it just detected a move happening this MONDAY.July 16, 2024 | americanbankingnews.comManulife Financial Co. (NYSE:MFC) Receives Average Rating of "Buy" from AnalystsJuly 8, 2024 | prnewswire.comJohn Hancock Names Industry Veteran Hector Martinez Head of InsuranceJuly 2, 2024 | investorplace.comThe 3 Best Long-Term Stocks to Buy in July 2024June 27, 2024 | prnewswire.comManulife Investment Management Announces Industrial Outdoor Storage Venture with Foundry CommercialJune 26, 2024 | seekingalpha.comManulife Financial: This Dividend Grower Still Has UpsideJune 24, 2024 | prnewswire.comManulife hosts Investor Day 2024, raising the bar on new financial targetsJune 24, 2024 | prnewswire.comManulife announces intention to redeem 3.049% Fixed/Floating Subordinated DebenturesJune 18, 2024 | investorplace.com3 Retirement Stocks to Buy Now: June 2024June 18, 2024 | globenewswire.comManulife Digital Transformation Strategy Analysis Report 2024: Accelerators, Incubators, Technology Centers and Other Innovation ProgramsSee 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 Last Earnings5/08/2024Ex-Dividend for 6/19 Dividend5/21/2024Dividend Payable6/19/2024Today7/26/2024Next Earnings (Confirmed)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Life insurance Sub-IndustryInsurance Current SymbolNYSE:MFC CUSIPN/A CIK1086888 Webwww.manulife.com Phone(416) 926-3000Fax416-926-5657Employees40,000Year Founded1887Price Target and Rating Average Stock Price Target$35.00 High Stock Price Target$40.00 Low Stock Price Target$32.00 Potential Upside/Downside+34.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.72 Trailing P/E Ratio15.11 Forward P/E Ratio9.52 P/E Growth0.94Net Income$4.05 billion Net Margins9.28% Pretax Margin12.19% Return on Equity16.27% Return on Assets0.79% Debt Debt-to-Equity Ratio0.14 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$36.10 billion Price / Sales1.28 Cash Flow$3.36 per share Price / Cash Flow7.73 Book Value$17.25 per share Price / Book1.51Miscellaneous Outstanding Shares1,784,460,000Free Float1,788,991,000Market Cap$46.39 billion OptionableOptionable Beta1.09 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 54)President, CEO & Director Comp: $5.13MMr. Colin L. SimpsonChief Financial OfficerMr. Scott Sears Hartz C.F.A. (Age 63)Chief Investment Officer Comp: $2.16MMr. Marc M. CostantiniGlobal Head of Inforce ManagementMr. Paul Raymon LorentzPresident and CEO of Global Wealth & Asset ManagementMr. Philip James WitheringtonPresident & CEO of Manulife AsiaMr. 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 RelationsMore ExecutivesKey CompetitorsChubbNYSE:CBSun Life FinancialNYSE:SLFEverest GroupNYSE:EGRyan SpecialtyNYSE:RYANEquitableNYSE:EQHView All CompetitorsInstitutional OwnershipGold Investment Management Ltd.Sold 26,234 shares on 7/26/2024Ownership: 0.011%Cambridge Investment Research Advisors Inc.Bought 1,364 shares on 7/26/2024Ownership: 0.006%Allspring Global Investments Holdings LLCBought 12,555 shares on 7/26/2024Ownership: 0.005%Atomi Financial Group Inc.Bought 4,545 shares on 7/26/2024Ownership: 0.001%Hapanowicz & Associates Financial Services IncBought 7,652 shares on 7/26/2024Ownership: 0.000%View All Institutional Transactions Should I Buy Manulife Financial Stock? MFC Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Manulife Financial Co.: Manulife Financial Co. has a dividend yield of 4.50%, providing investors with a steady income stream. A dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price. BMO Capital Markets upgraded Manulife Financial's rating from "market perform" to "outperform," indicating positive growth potential in the stock. Recent institutional inflows into Manulife Financial suggest growing confidence from large investors, potentially signaling positive future performance. Manulife Financial's stock price has shown resilience, trading at $25.77 on the current date, indicating stability in the market. Analysts expect Manulife Financial to post strong earnings per share of 2.74 for the current fiscal year, reflecting a positive outlook on the company's financial performance. Cons Investors should be bearish about investing in Manulife Financial Co. for these reasons: Manulife Financial recently cut its dividend, which may raise concerns among income-focused investors who rely on consistent dividend payments. While the company has shown resilience, the stock's price-to-earnings ratio of 14.98 may indicate that the stock is currently overvalued compared to its earnings potential. Despite recent upgrades in ratings, there is still a hold rating from one analyst, suggesting some uncertainty in the market regarding the stock's future performance. Manulife Financial's beta of 1.09 indicates that the stock's price is more volatile compared to the overall market, potentially leading to higher risk for investors. The company's payout ratio of 67.44% may raise concerns about the sustainability of its dividend payments in the long term if earnings do not support the current payout level. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, June 27, 2024. Please send any questions or comments about these Manulife Financial pros and cons to contact@marketbeat.com. MFC Stock Analysis - Frequently Asked Questions How have MFC shares performed this year? Manulife Financial's stock was trading at $22.10 on January 1st, 2024. Since then, MFC shares have increased by 17.6% and is now trading at $25.9950. View the best growth stocks for 2024 here. How were Manulife Financial's earnings last quarter? Manulife Financial Co. (NYSE:MFC) posted its quarterly earnings results on Wednesday, May, 8th. The financial services provider reported $0.70 earnings per share for the quarter, beating analysts' consensus estimates of $0.66 by $0.04. The financial services provider earned $9.49 billion during the quarter, compared to analyst estimates of $8.85 billion. Manulife Financial had a trailing twelve-month return on equity of 16.27% and a net margin of 9.28%. 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. Does Manulife Financial have any subsidiaries? Manulife Financial subsidiaries include these companies: Standard Life, John Hancock Financial, Zurich Life, 8 Cross Street PADREF Investments Ltd., Benesure Canada Inc., John Hancock Canadian Corp., John Hancock Group, and more. Who are Manulife Financial's major shareholders? Manulife Financial's top institutional shareholders include AustralianSuper Pty Ltd (0.32%), Cardinal Capital Management Inc. (0.28%), M&G Plc (0.16%) and Bank of New York Mellon Corp (0.11%). 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. What other stocks do shareholders of Manulife Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that Manulife Financial investors own include AT&T (T), Bank of America (BAC), Energy Transfer (ET), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Intel (INTC) and Pfizer (PFE). This page (NYSE:MFC) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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