S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   323.10 (-1.88%)
AAPL   171.67 (-1.42%)
MSFT   286.42 (-1.29%)
META   168.09 (-3.76%)
GOOGL   117.35 (-2.35%)
AMZN   138.32 (-2.80%)
TSLA   890.36 (-2.01%)
NVDA   178.54 (-4.90%)
NIO   19.07 (-4.22%)
BABA   89.63 (-1.22%)
AMD   95.97 (-4.45%)
T   18.43 (+0.00%)
MU   60.46 (-4.00%)
CGC   3.83 (+0.52%)
F   15.87 (-1.73%)
GE   77.72 (-1.88%)
DIS   120.12 (-2.08%)
AMC   17.78 (-7.83%)
PYPL   96.59 (-3.27%)
PFE   49.25 (+1.38%)
NFLX   241.40 (-1.54%)
S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   323.10 (-1.88%)
AAPL   171.67 (-1.42%)
MSFT   286.42 (-1.29%)
META   168.09 (-3.76%)
GOOGL   117.35 (-2.35%)
AMZN   138.32 (-2.80%)
TSLA   890.36 (-2.01%)
NVDA   178.54 (-4.90%)
NIO   19.07 (-4.22%)
BABA   89.63 (-1.22%)
AMD   95.97 (-4.45%)
T   18.43 (+0.00%)
MU   60.46 (-4.00%)
CGC   3.83 (+0.52%)
F   15.87 (-1.73%)
GE   77.72 (-1.88%)
DIS   120.12 (-2.08%)
AMC   17.78 (-7.83%)
PYPL   96.59 (-3.27%)
PFE   49.25 (+1.38%)
NFLX   241.40 (-1.54%)
S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   323.10 (-1.88%)
AAPL   171.67 (-1.42%)
MSFT   286.42 (-1.29%)
META   168.09 (-3.76%)
GOOGL   117.35 (-2.35%)
AMZN   138.32 (-2.80%)
TSLA   890.36 (-2.01%)
NVDA   178.54 (-4.90%)
NIO   19.07 (-4.22%)
BABA   89.63 (-1.22%)
AMD   95.97 (-4.45%)
T   18.43 (+0.00%)
MU   60.46 (-4.00%)
CGC   3.83 (+0.52%)
F   15.87 (-1.73%)
GE   77.72 (-1.88%)
DIS   120.12 (-2.08%)
AMC   17.78 (-7.83%)
PYPL   96.59 (-3.27%)
PFE   49.25 (+1.38%)
NFLX   241.40 (-1.54%)
S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   323.10 (-1.88%)
AAPL   171.67 (-1.42%)
MSFT   286.42 (-1.29%)
META   168.09 (-3.76%)
GOOGL   117.35 (-2.35%)
AMZN   138.32 (-2.80%)
TSLA   890.36 (-2.01%)
NVDA   178.54 (-4.90%)
NIO   19.07 (-4.22%)
BABA   89.63 (-1.22%)
AMD   95.97 (-4.45%)
T   18.43 (+0.00%)
MU   60.46 (-4.00%)
CGC   3.83 (+0.52%)
F   15.87 (-1.73%)
GE   77.72 (-1.88%)
DIS   120.12 (-2.08%)
AMC   17.78 (-7.83%)
PYPL   96.59 (-3.27%)
PFE   49.25 (+1.38%)
NFLX   241.40 (-1.54%)
NYSE:MFC

Manulife Financial - MFC Stock Forecast, Price & News

$18.59
-0.23 (-1.22%)
(As of 08/19/2022 03:59 PM ET)
Add
Compare
Today's Range
$18.53
$18.70
50-Day Range
$16.49
$19.12
52-Week Range
$16.27
$22.19
Volume
247,537 shs
Average Volume
2.47 million shs
Market Capitalization
$35.44 billion
P/E Ratio
6.08
Dividend Yield
5.45%
Price Target
$29.75

Manulife Financial MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
59.9% Upside
$29.75 Price Target
Short Interest
Bearish
2.29% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.50
Upright™ Environmental Score
News Sentiment
0.88mentions of Manulife Financial in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.97%
From $2.52 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.

2.76 out of 5 stars

Finance Sector

155th out of 914 stocks

Life Insurance Industry

5th out of 19 stocks

MFC stock logo

About Manulife Financial (NYSE:MFC) Stock

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 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, and financial advisors pension plan consultants and banks. The Insurance and Annuity Products segment offers deposit and credit products; 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. The Corporate and Other segment is involved in property and casualty insurance and reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. It also manages timberland and agricultural portfolios; and engages in insurance agency, portfolio and mutual fund management, mutual fund dealer, life, annuity, long-term care, and financial reinsurance; and fund management businesses. Additionally, the company holds and manages provides investment management, counseling, advisory, and dealer services. Manulife Financial Corporation was incorporated in 1887 and is headquartered in Toronto, Canada.

Manulife Financial Stock Performance

Shares of NYSE:MFC opened at $18.82 on Friday. Manulife Financial has a 1 year low of $16.27 and a 1 year high of $22.19. The stock has a fifty day moving average price of $17.64 and a two-hundred day moving average price of $19.18. The firm has a market cap of $35.88 billion, a P/E ratio of 6.15, a PEG ratio of 0.76 and a beta of 1.17.

Manulife Financial (NYSE:MFC - Get Rating) (TSE:MFC) last announced its earnings results on Wednesday, August 10th. The financial services provider reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.14. During the same period in the prior year, the firm posted $0.68 EPS. On average, research analysts predict that Manulife Financial will post 2.52 earnings per share for the current fiscal year.

Manulife Financial Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 19th. Investors of record on Tuesday, August 23rd will be issued a $0.258 dividend. This is an increase from Manulife Financial's previous quarterly dividend of $0.26. This represents a $1.03 dividend on an annualized basis and a dividend yield of 5.48%. The ex-dividend date of this dividend is Monday, August 22nd. Manulife Financial's payout ratio is presently 33.66%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Canaccord Genuity Group downgraded shares of Manulife Financial from a "buy" rating to a "hold" rating in a report on Friday, May 13th. Scotiabank raised shares of Manulife Financial from a "sector perform" rating to a "sector outperform" rating in a research note on Wednesday, July 27th. Canaccord Genuity Group lowered shares of Manulife Financial from a "buy" rating to a "hold" rating in a research note on Friday, May 13th. Desjardins boosted their price objective on Manulife Financial from C$24.00 to C$25.00 in a research report on Monday. Finally, BMO Capital Markets cut Manulife Financial from an "outperform" rating to a "market perform" rating in a research report on Thursday, May 12th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $29.75.

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.

MFC Stock News Headlines

Manulife Financial (NYSE:MFC) PT Raised to C$25.00 at Desjardins
The Coming Copper Bull Run
Copper prices have nearly doubled since last year -- driven by the explosive growth in electric vehicles and soaring demand for green-powered electricity. But copper demand far outpaces supply. Multinational investment banks are predicting a 50% to 100% rise in copper prices by 2025. And this "backdoor" play may be a move to consider.
Manulife Financial (MFC) Q2 Earnings Beat Estimates
Manulife Q2 Profit Down; Declares Quarterly Dividend
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War
Right now, China has the US Military in a stranglehold. They hold a monopoly on one of our most CRITICAL defense elements. But thanks to executive orders from both Biden and Trump...
Manulife Financial (MFC) to Release Earnings on Wednesday
3 Cheap Stocks With Earnings Yield Above 10%
3 Oversold Stocks to Buy for a TFSA
See 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.

MFC Company Calendar

Ex-Dividend for 6/20 Dividend
5/24/2022
Dividend Payable
6/20/2022
Last Earnings
8/10/2022
Today
8/19/2022
Ex-Dividend for 9/19 Dividend
8/22/2022
Dividend Payable
9/19/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Life insurance
Sub-Industry
N/A
Sector
Finance
Employees
37,000
Year Founded
1887

Price Target and Rating

Average Stock Price Forecast
$29.75
High Stock Price Forecast
$37.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
+60.0%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
10 Analysts

Profitability

Net Income
$5.31 billion
Pretax Margin
28.01%

Debt

Sales & Book Value

Annual Sales
$49.32 billion
Cash Flow
$3.24 per share
Book Value
$20.18 per share

Miscellaneous

Outstanding Shares
1,906,600,000
Free Float
N/A
Market Cap
$35.44 billion
Optionable
Optionable
Beta
1.17

Social Links


Key Executives

  • Mr. Rocco Gori (Age 52)
    Pres, CEO & Director
    Comp: $5.85M
  • Mr. Philip James Witherington
    Chief Financial Officer
  • Mr. Scott Sears Hartz C.F.A. (Age 61)
    CFA, Chief Investment Officer
    Comp: $2.53M
  • Ms. Marianne Harrison (Age 58)
    Pres & CEO of John Hancock
    Comp: $2.42M
  • Mr. Rahul Madhav Joshi
    Chief Operations Officer
  • 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
  • Ms. Karen A. Leggett
    Chief Marketing Officer













MFC Stock - Frequently Asked Questions

Should I buy or sell Manulife Financial stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities 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 forecast for 2022?

10 brokers have issued 1 year price objectives for Manulife Financial's shares. Their MFC share price forecasts range from $25.00 to $37.00. On average, they predict the company's share price to reach $29.75 in the next twelve months. This suggests a possible upside of 58.1% 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 2022?

Manulife Financial's stock was trading at $19.07 at the beginning of 2022. Since then, MFC shares have decreased by 1.3% and is now trading at $18.82.
View the best growth stocks for 2022 here
.

Are investors shorting Manulife Financial?

Manulife Financial saw a increase in short interest in July. As of July 31st, there was short interest totaling 43,990,000 shares, an increase of 108.4% from the July 15th total of 21,110,000 shares. Based on an average trading volume of 4,490,000 shares, the short-interest ratio is currently 9.8 days. Approximately 2.3% of the company's 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, November 2nd 2022.
View our MFC earnings forecast
.

How were Manulife Financial's earnings last quarter?

Manulife Financial Co. (NYSE:MFC) issued its quarterly earnings results on Wednesday, August, 10th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.14. During the same period in the prior year, the company posted $0.68 earnings per share.

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

Manulife Financial announced a quarterly dividend on Wednesday, August 10th. Investors of record on Tuesday, August 23rd will be paid a dividend of $0.258 per share on Monday, September 19th. This represents a $1.03 annualized dividend and a yield of 5.48%. The ex-dividend date of this dividend is Monday, August 22nd. This is a positive change from the stock's previous quarterly dividend of $0.26.
Read our dividend analysis for MFC
.

Is Manulife Financial a good dividend stock?

Manulife Financial (NYSE:MFC) pays an annual dividend of $1.03 per share and currently has a dividend yield of 5.45%. MFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MFC will have a dividend payout ratio of 39.31% 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).

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 many different institutional and retail investors. Top institutional shareholders include Mackenzie Financial Corp (1.82%), TD Asset Management Inc. (1.55%), Bank of Nova Scotia (1.51%), Jarislowsky Fraser Ltd (1.32%), Price T Rowe Associates Inc. MD (1.13%) and Letko Brosseau & Associates Inc. (0.74%).

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.

What is Manulife Financial's stock price today?

One share of MFC stock can currently be purchased for approximately $18.82.

How much money does Manulife Financial make?

Manulife Financial (NYSE:MFC) has a market capitalization of $35.88 billion and generates $49.32 billion in revenue each year. The financial services provider earns $5.31 billion in net income (profit) each year or $3.06 on an earnings per share basis.

How many employees does Manulife Financial have?

The company employs 37,000 workers across the globe.

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
When was Manulife Financial founded?

Manulife Financial was founded in 1887.

How can I contact Manulife Financial?

Manulife Financial's mailing address is 200 BLOOR ST EAST NT-10, TORONTO A6, M4W1E5. The official website for the company is www.manulife.com. The financial services provider can be reached via phone at (416) 926-3000, via email at investrel@manulife.com, or via fax at 416-926-5657.

This page (NYSE:MFC) was last updated on 8/19/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.