NYSE:MFC

Manulife Financial Stock Forecast, Price & News

$21.28
-0.31 (-1.44 %)
(As of 05/7/2021 12:00 AM ET)
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Today's Range
$21.04
$21.37
50-Day Range
$20.99
$22.16
52-Week Range
$10.86
$22.25
Volume4.45 million shs
Average Volume3.29 million shs
Market Capitalization$41.33 billion
P/E Ratio10.80
Dividend Yield2.87%
Beta1.4
30 days | 90 days | 365 days | Advanced Chart
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Industry, Sector and Symbol

Industry Life insurance
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone416-926-3000
Employees37,000
Year Founded1887

Sales & Book Value

Annual Sales$59.96 billion
Cash Flow$2.73 per share
Book Value$17.90 per share

Profitability

Net Income$3.97 billion

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares1,941,973,000
Market Cap$41.33 billion
Next Earnings Date8/4/2021 (Estimated)
OptionableOptionable

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Manulife Financial logo

About Manulife Financial

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 and financial reinsurance, and fund management 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 incorporated in 1887 and is headquartered in Toronto, Canada.

MarketRank

Overall MarketRank

2.82 out of 5 stars

Finance Sector

2nd out of 1,951 stocks

Life Insurance Industry

1st out of 40 stocks

Analyst Opinion: 4.2Community Rank: 2.8Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 3.8 5 -4 -3 -2 -1 -
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Manulife Financial (NYSE:MFC) Frequently Asked Questions

Is Manulife Financial a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Manulife Financial stock. 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 analyst ratings for Manulife Financial
or view top-rated stocks.

What stocks does MarketBeat like better than Manulife Financial?

Wall Street analysts have given Manulife Financial a "Hold" 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.

Are investors shorting Manulife Financial?

Manulife Financial saw a decline in short interest in March. As of March 31st, there was short interest totaling 6,070,000 shares, a decline of 20.9% from the March 15th total of 7,670,000 shares. Based on an average daily trading volume, of 3,300,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.3% of the shares of the stock are short sold.
View Manulife Financial's Short Interest
.

When is Manulife Financial's next earnings date?

Manulife Financial is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Manulife Financial
.

How were Manulife Financial's earnings last quarter?

Manulife Financial Co. (NYSE:MFC) announced its quarterly earnings results on Tuesday, February, 9th. The financial services provider reported $0.74 earnings per share for the quarter, topping analysts' consensus estimates of $0.72 by $0.02. The financial services provider had revenue of $13.71 billion for the quarter. Manulife Financial had a trailing twelve-month return on equity of 11.14% and a net margin of 7.44%. During the same period in the prior year, the firm earned $0.73 earnings per share.
View Manulife Financial's earnings history
.

How has Manulife Financial's stock price been impacted by COVID-19?

Manulife Financial's stock was trading at $14.07 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MFC stock has increased by 51.2% and is now trading at $21.28.
View which stocks have been most impacted by COVID-19
.

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

Manulife Financial announced a quarterly dividend on Friday, May 7th. Stockholders of record on Tuesday, May 18th will be paid a dividend of $0.2285 per share on Monday, June 21st. This represents a $0.91 annualized dividend and a yield of 4.30%. The ex-dividend date of this dividend is Monday, May 17th. This is a positive change from Manulife Financial's previous quarterly dividend of $0.22.
View Manulife Financial's dividend history
.

Is Manulife Financial a good dividend stock?

Manulife Financial pays an annual dividend of $0.62 per share and currently has a dividend yield of 2.87%. Manulife Financial does not yet have a strock track record of dividend growth. The dividend payout ratio of Manulife Financial is 27.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Manulife Financial will have a dividend payout ratio of 26.72% 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 analysts have issued 1 year target prices for Manulife Financial's stock. Their forecasts range from $25.00 to $29.50. On average, they expect Manulife Financial's stock price to reach $27.75 in the next year. This suggests a possible upside of 30.4% from the stock's current price.
View analysts' price targets for Manulife Financial
or view top-rated stocks among Wall Street analysts.

Who are Manulife Financial's key executives?

Manulife Financial's management team includes the following people:
  • Mr. Rocco Gori, Pres, CEO & Director (Age 51, Pay $4.26M) (LinkedIn Profile)
  • Mr. Philip James Witherington, Chief Financial Officer (LinkedIn Profile)
  • Mr. Scott Sears Hartz C.F.A., CFA, Chief Investment Officer (Age 60, Pay $1.95M)
  • Ms. Marianne Harrison, Pres & CEO of John Hancock (Age 56, Pay $1.77M) (LinkedIn Profile)
  • Mr. Anil Wadhwani, CEO & Pres of Manulife Asia (LinkedIn Profile)
  • Mr. Rahul Madhav Joshi, Exec. VP & COO (LinkedIn Profile)
  • Ms. Lynda D. Sullivan, Exec. VP & Chief Accounting Officer
  • Mr. Shamus Edward Weiland, Chief Information Officer (LinkedIn Profile)
  • Ms. Adrienne O'Neill C.A., C.F.A., CPA, Head of Investor Relations
  • Mr. James David Gallagher, Gen. Counsel (LinkedIn Profile)

What is Roy Gori's approval rating as Manulife Financial's CEO?

438 employees have rated Manulife Financial CEO Roy Gori on Glassdoor.com. Roy Gori has an approval rating of 94% among Manulife Financial's employees. This puts Roy Gori in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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).

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 variety of retail and institutional investors. Top institutional shareholders include Bank of Nova Scotia (1.31%), Scotia Capital Inc. (0.57%), Sumitomo Mitsui Trust Holdings Inc. (0.49%), Swiss National Bank (0.41%), DekaBank Deutsche Girozentrale (0.30%) and Alberta Investment Management Corp (0.27%).

Which institutional investors are selling Manulife Financial stock?

MFC stock was sold by a variety of institutional investors in the last quarter, including BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Bank of Nova Scotia, Sumitomo Mitsui Trust Holdings Inc., Alberta Investment Management Corp, Scotia Capital Inc., DekaBank Deutsche Girozentrale, First National Bank of Omaha, and Nicola Wealth Management LTD..

Which institutional investors are buying Manulife Financial stock?

MFC stock was bought by a variety of institutional investors in the last quarter, including GSB Wealth Management LLC, BlackRock Inc., MD Financial Management Inc., AMF Pensionsforsakring AB, Hennessy Advisors Inc., NN Investment Partners Holdings N.V., Cardinal Capital Management Inc., and MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH.

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.
Compare Top Brokerages Here.

What is Manulife Financial's stock price today?

One share of MFC stock can currently be purchased for approximately $21.28.

How much money does Manulife Financial make?

Manulife Financial has a market capitalization of $41.33 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.

How many employees does Manulife Financial have?

Manulife Financial 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.

When was Manulife Financial founded?

Manulife Financial was founded in 1887.

What is Manulife Financial's official website?

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

Where are Manulife Financial's headquarters?

Manulife Financial is headquartered at 200 BLOOR ST EAST NT-10, TORONTO A6, M4W1E5.

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 5/9/2021 by MarketBeat.com Staff
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