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Manulife Financial Stock Price, Forecast & Analysis (NYSE:MFC)

$19.87
+0.06 (+0.30 %)
(As of 11/18/2019 06:00 AM ET)
Today's Range
$19.81
Now: $19.87
$19.93
50-Day Range
$17.29
MA: $18.58
$19.94
52-Week Range
$13.33
Now: $19.87
$20.08
Volume1.39 million shs
Average Volume1.70 million shs
Market Capitalization$38.72 billion
P/E Ratio9.42
Dividend Yield3.83%
Beta1.43
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, and the United States. 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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$30.07 billion
Cash Flow$2.58 per share
Book Value$18.25 per share

Profitability

Net Income$3.61 billion

Miscellaneous

Employees34,000
Outstanding Shares1,948,860,000
Market Cap$38.72 billion
Next Earnings Date2/12/2020 (Estimated)
OptionableOptionable

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Manulife Financial (NYSE:MFC) Frequently Asked Questions

What is Manulife Financial's stock symbol?

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

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

Manulife Financial announced a quarterly dividend on Wednesday, November 6th. Shareholders of record on Tuesday, November 19th will be given a dividend of $0.19 per share on Thursday, December 19th. This represents a $0.76 annualized dividend and a yield of 3.82%. The ex-dividend date is Monday, November 18th. This is a boost from Manulife Financial's previous quarterly dividend of $0.19. View Manulife Financial's Dividend History.

How were Manulife Financial's earnings last quarter?

Manulife Financial Co. (NYSE:MFC) posted its earnings results on Wednesday, November, 6th. The financial services provider reported $0.76 EPS for the quarter, topping analysts' consensus estimates of $0.55 by $0.21. The financial services provider had revenue of $17.14 billion for the quarter. Manulife Financial had a net margin of 6.45% and a return on equity of 12.86%. During the same period in the prior year, the business posted $0.75 earnings per share. View Manulife Financial's Earnings History.

When is Manulife Financial's next earnings date?

Manulife Financial is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Manulife Financial.

What price target have analysts set for MFC?

2 brokers have issued twelve-month target prices for Manulife Financial's shares. Their forecasts range from $28.00 to $34.00. On average, they expect Manulife Financial's stock price to reach $30.67 in the next twelve months. This suggests a possible upside of 54.3% from the stock's current price. View Analyst Price Targets for Manulife Financial.

What is the consensus analysts' recommendation for Manulife Financial?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Manulife Financial.

Has Manulife Financial been receiving favorable news coverage?

Media stories about MFC stock have trended very negative this week, InfoTrie reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Manulife Financial earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View News Stories for Manulife Financial.

Are investors shorting Manulife Financial?

Manulife Financial saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 4,180,000 shares, a decrease of 32.6% from the September 30th total of 6,200,000 shares. Based on an average daily trading volume, of 1,600,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 0.2% of the company's stock are sold short. View Manulife Financial's Current Options Chain.

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 Energy Transfer LP Unit (ET), Bank of America (BAC), AT&T (T), Ford Motor (F), JPMorgan Chase & Co. (JPM), Royal Bank of Canada (RY), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), Intel (INTC) and SunCoke Energy Partners (SXCP).

Who are Manulife Financial's key executives?

Manulife Financial's management team includes the folowing people:
  • Mr. Rocco Gori, Pres, CEO & Director (Age 49)
  • Mr. Philip James Witherington, Chief Financial Officer
  • Ms. Pamela O. Kimmet, Chief HR Officer (Age 60)
  • Mr. Warren Alfred Thomson FCPA, Chief Investment Officer (Age 64)
  • Ms. Marianne Harrison, Pres & CEO of John Hancock

Who are Manulife Financial's major shareholders?

Manulife Financial's stock is owned by many different of retail and institutional investors. Top institutional shareholders include EdgePoint Investment Group Inc. (1.55%), Letko Brosseau & Associates Inc. (1.07%), Great West Life Assurance Co. Can (0.91%), Beutel Goodman & Co Ltd. (0.58%), CIBC Asset Management Inc (0.42%) and Alberta Investment Management Corp (0.38%).

Which institutional investors are selling Manulife Financial stock?

MFC stock was sold by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, Assenagon Asset Management S.A., Waratah Capital Advisors Ltd., Greystone Managed Investments Inc., Hexavest Inc., Renaissance Group LLC, Great West Life Assurance Co. Can and Massachusetts Financial Services Co. MA.

Which institutional investors are buying Manulife Financial stock?

MFC stock was purchased by a variety of institutional investors in the last quarter, including Alberta Investment Management Corp, EdgePoint Investment Group Inc., Beutel Goodman & Co Ltd., Russell Investments Group Ltd., Virginia Retirement Systems ET AL, Sumitomo Mitsui Trust Holdings Inc., Zurcher Kantonalbank Zurich Cantonalbank and Tibra Equities Europe Ltd.

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 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 $19.87.

How big of a company is Manulife Financial?

Manulife Financial has a market capitalization of $38.72 billion and generates $30.07 billion in revenue each year. The financial services provider earns $3.61 billion in net income (profit) each year or $2.11 on an earnings per share basis. Manulife Financial employs 34,000 workers across the globe.View Additional Information About Manulife Financial.

What is Manulife Financial's official website?

The official website for Manulife Financial is http://www.manulife.com/.

How can I contact Manulife Financial?

Manulife Financial's mailing address is 200 Bloor Street East NT 11, Toronto A6, M4W1E5. The financial services provider can be reached via phone at 416-926-3000 or via email at [email protected]


MarketBeat Community Rating for Manulife Financial (NYSE MFC)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  393 (Vote Outperform)
Underperform Votes:  302 (Vote Underperform)
Total Votes:  695
MarketBeat's community ratings are surveys of what our community members think about Manulife Financial and other stocks. Vote "Outperform" if you believe MFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/18/2019 by MarketBeat.com Staff

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