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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NYSE:MFC

Manulife Financial Stock Forecast, Price & News

$19.03
-0.41 (-2.11 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$18.97
Now: $19.03
$19.26
50-Day Range
$17.06
MA: $17.90
$19.44
52-Week Range
$8.62
Now: $19.03
$21.20
Volume2.61 million shs
Average Volume1.91 million shs
Market Capitalization$36.91 billion
P/E Ratio9.66
Dividend Yield4.38%
Beta1.4
Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, the United States, and internationally. The company offers individual life, and individual and group long-term care insurance; and guaranteed and partially guaranteed annuity products through insurance agents, brokers, banks, financial planners, and direct marketing. It also provides mutual funds and exchange-traded funds, group retirement and savings products, and institutional asset management services through agents and brokers affiliated with the company, securities brokerage firms, financial advisors, pension plan consultants, and banks; and banking products, such as deposit and credit products to Canadian customers. In addition, the company is involved in 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 engages in insurance agency, portfolio and mutual fund management, mutual fund dealer, life and financial reinsurance, and mutual funds marketing businesses. Additionally, the company holds and manages oil and gas properties; holds oil and gas royalties, and foreign bonds and equities; and provides investment management, counseling, advisory, and dealer services. Manulife Financial Corporation was founded in 1887 and is headquartered in Toronto, Canada.
Manulife Financial logo

MarketRank

Overall MarketRank

2.60 out of 5 stars

Finance Sector

18th out of 1,704 stocks

Life Insurance Industry

3rd out of 37 stocks

Analyst Opinion: 2.3Community Rank: 2.8Dividend Strength: 3.3Insider Behavior: 0.8Valuation: 3.8 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Life insurance
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone416-926-3000
Employees34,000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$59.96 billion
Cash Flow$2.44 per share
Book Value$17.90 per share

Profitability

Net Income$3.97 billion

Miscellaneous

Outstanding Shares1,939,830,000
Market Cap$36.91 billion
Next Earnings Date2/10/2021 (Confirmed)
OptionableOptionable
$19.03
-0.41 (-2.11 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Manulife Financial (NYSE:MFC) Frequently Asked Questions

How has Manulife Financial's stock been impacted by Coronavirus?

Manulife Financial's stock was trading at $14.07 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MFC shares have increased by 35.3% and is now trading at $19.03.
View which stocks have been most impacted by COVID-19
.

Is Manulife Financial a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Manulife Financial stock.
View analyst ratings for Manulife Financial
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Manulife Financial?

Wall Street analysts have given Manulife Financial a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Manulife Financial wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Manulife Financial's next earnings date?

Manulife Financial is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for Manulife Financial
.

How can I listen to Manulife Financial's earnings call?

Manulife Financial will be holding an earnings conference call on Wednesday, February 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Manulife Financial's earnings last quarter?

Manulife Financial Co. (NYSE:MFC) released its quarterly earnings results on Monday, November, 16th. The financial services provider reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.03. The financial services provider earned $10.04 billion during the quarter. Manulife Financial had a net margin of 7.44% and a return on equity of 11.14%. During the same quarter in the prior year, the company posted $0.76 earnings per share.
View Manulife Financial's earnings history
.

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

Manulife Financial announced a quarterly dividend on Wednesday, November 11th. Investors of record on Monday, November 23rd will be paid a dividend of $0.21 per share on Monday, December 21st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.41%. The ex-dividend date is Friday, November 20th.
View Manulife Financial's dividend history
.

Is Manulife Financial a good dividend stock?

Manulife Financial pays an annual dividend of $0.84 per share and currently has a dividend yield of 4.38%. MFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Manulife Financial is 37.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Manulife Financial will have a dividend payout ratio of 36.21% next year. This indicates that Manulife Financial will be able to sustain or increase its dividend.
View Manulife Financial's dividend history.

What price target have analysts set for MFC?

7 brokers have issued 12 month target prices for Manulife Financial's stock. Their forecasts range from $19.00 to $25.00. On average, they anticipate Manulife Financial's share price to reach $22.20 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price.
View analysts' price targets for Manulife Financial
or view Wall Street analyst' top-rated stocks.

Are investors shorting Manulife Financial?

Manulife Financial saw a decline in short interest in December. As of December 31st, there was short interest totaling 7,570,000 shares, a decline of 26.2% from the December 15th total of 10,260,000 shares. Based on an average trading volume of 2,530,000 shares, the days-to-cover ratio is presently 3.0 days. Currently, 0.4% of the shares of the stock are sold short.
View Manulife Financial's Short Interest
.

Who are some of Manulife Financial's key competitors?

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 key executives?

Manulife Financial's management team includes the following people:
  • Mr. Rocco Gori, Pres, CEO & Director (Age 50)
  • Mr. Philip James Witherington, Chief Financial Officer
  • Mr. Rahul Madhav Joshi, Exec. VP & COO
  • Ms. Marianne Harrison, Pres & CEO of John Hancock (Age 56)
  • Mr. Anil Wadhwani, CEO & Pres of Manulife Asia
  • Mr. Scott Sears Hartz C.F.A., CFA, Chief Investment Officer (Age 59)
  • Ms. Lynda D. Sullivan, Exec. 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, Gen. Counsel

What is Manulife Financial's stock symbol?

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

Who are Manulife Financial's major shareholders?

Manulife Financial's stock is owned by a number of institutional and retail investors. Top institutional investors include Cardinal Capital Management Inc. (0.15%), Endurance Wealth Management Inc. (0.03%), Crossmark Global Holdings Inc. (0.01%), Pacifica Partners Inc. (0.00%), Weather Gauge Advisory LLC (0.00%) and Raymond James Trust N.A. (0.00%).

Which institutional investors are selling Manulife Financial stock?

MFC stock was sold by a variety of institutional investors in the last quarter, including Weather Gauge Advisory LLC, Park National Corp OH, Raymond James Trust N.A., and Pacifica Partners Inc..

Which institutional investors are buying Manulife Financial stock?

MFC stock was purchased by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., Summit Financial Group Inc., Crossmark Global Holdings Inc., Endurance Wealth Management Inc., and Community Bank of Raymore.

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

What is Manulife Financial's stock price today?

One share of MFC stock can currently be purchased for approximately $19.03.

How big of a company is Manulife Financial?

Manulife Financial has a market capitalization of $36.91 billion and generates $59.96 billion in revenue each year. The financial services provider earns $3.97 billion in net income (profit) each year or $2.24 on an earnings per share basis. Manulife Financial employs 34,000 workers across the globe.

What is Manulife Financial's official website?

The official website for Manulife Financial is www.manulife.com.

How can I contact Manulife Financial?

Manulife Financial's mailing address is 200 BLOOR ST EAST NT-10, TORONTO A6, M4W1E5. The financial services provider can be reached via phone at 416-926-3000 or via email at [email protected]

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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