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

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

Manulife Financial announced a quarterly dividend on Wednesday, August 7th. Shareholders of record on Tuesday, August 20th will be paid a dividend of $0.189 per share on Thursday, September 19th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date is Monday, August 19th. This is a positive change from Manulife Financial's previous quarterly dividend of $0.13. View Manulife Financial's Dividend History.

Manulife Financial Co. (NYSE:MFC) announced its quarterly earnings data on Wednesday, August, 7th. The financial services provider reported $0.54 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.55 by $0.01. The financial services provider earned $16.60 billion during the quarter. Manulife Financial had a net margin of 9.36% and a return on equity of 13.27%. During the same quarter last year, the business posted $0.70 EPS. View Manulife Financial's Earnings History.

Manulife Financial is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Manulife Financial.

5 equities research analysts have issued 12-month price objectives for Manulife Financial's stock. Their predictions range from $28.00 to $29.00. On average, they anticipate Manulife Financial's stock price to reach $28.50 in the next year. This suggests a possible upside of 54.6% from the stock's current price. View Analyst Price Targets for Manulife Financial.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Manulife Financial.

News articles about MFC stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Manulife Financial earned a news sentiment score of -2.9 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Manulife Financial.

Manulife Financial saw a increase in short interest in August. As of August 31st, there was short interest totalling 6,470,700 shares, an increase of 10.6% from the July 31st total of 5,850,800 shares. Based on an average daily volume of 1,710,000 shares, the short-interest ratio is presently 3.8 days. Approximately 0.3% of the company's shares are short sold. View Manulife Financial's Current Options Chain.

Some companies that are related to Manulife Financial include China Life Insurance (LFC), AXA (AXAHY), Prudential Public (PUK), Metlife (MET), Prudential Financial (PRU), SWISS RE LTD/S (SSREY), Sun Life Financial (SLF), HANNOVER RUECK/S (HVRRY), AVIVA PLC/ADR (AVVIY), Legal & General Group (LGEN), Lincoln National (LNC), AEGON (AEG), Globe Life (GL), Reinsurance Group of America (RGA) and SONY FINL HOLDI/ADR (SNYFY).

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), Royal Bank of Canada (RY), Bank of Nova Scotia (BNS), JPMorgan Chase & Co. (JPM), Toronto-Dominion Bank (TD), Intel (INTC) and SunCoke Energy Partners (SXCP).

Manulife Financial's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (2.85%), TD Asset Management Inc. (2.44%), Caisse DE Depot ET Placement DU Quebec (1.92%), Mackenzie Financial Corp (1.92%), EdgePoint Investment Group Inc. (1.62%) and Letko Brosseau & Associates Inc. (1.15%).

MFC stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Toronto Dominion Bank, Bank of Nova Scotia, Great West Life Assurance Co. Can, TD Asset Management Inc., Caisse DE Depot ET Placement DU Quebec, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp and Aviva PLC.

MFC stock was purchased by a variety of institutional investors in the last quarter, including Beutel Goodman & Co Ltd., JPMorgan Chase & Co., EdgePoint Investment Group Inc., Prudential PLC, National Pension Service, Alberta Investment Management Corp, Schroder Investment Management Group and Clark Capital Management Group Inc..

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.

One share of MFC stock can currently be purchased for approximately $18.44.

Manulife Financial has a market capitalization of $36.09 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.

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

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]