×
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13

Manulife Financial Stock Forecast, Price & News

$17.52
+0.19 (+1.10%)
(As of 07/1/2022 05:43 PM ET)
Add
Compare
Today's Range
$17.11
$17.53
50-Day Range
$16.49
$20.25
52-Week Range
$16.27
$22.19
Volume
2.09 million shs
Average Volume
4.61 million shs
Market Capitalization
$33.61 billion
P/E Ratio
4.71
Dividend Yield
5.94%
Price Target
$30.50

Manulife Financial Stock Forecast (MarketRank)

Analyst Rating
Hold
2.09 Rating Score
Upside/​Downside
74.1% Upside
$30.50 Price Target
Short Interest
Healthy
0.63% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.50
Upright™ Environmental Score
News Sentiment
0.90mentions of Manulife Financial in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.64%
From $2.56 to $2.73 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.89 out of 5 stars

Finance Sector

161st out of 1,394 stocks

Life Insurance Industry

5th out of 29 stocks

30 days | 90 days | 365 days | Advanced Chart

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.

Manulife Financial logo

About Manulife Financial (NYSE:MFC)

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.

MFC Stock News Headlines

Consider These Dividend-Paying Stocks During Inflationary Times (MFC)
Inflation came in hotter than expected in May, as food, energy, and shelter costs put upward pressure on prices. Inflation has been high for the year and could continue to run on the high side for several more months.
3 Oversold Stocks to Buy for a TFSA
Manulife Financial (NYSE:MFC) Sees Large Volume Increase
See More Headlines

Industry, Sector and Symbol

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

Company Calendar

Last Earnings
5/11/2022
Ex-Dividend for 6/20 Dividend
5/24/2022
Dividend Payable
6/20/2022
Today
7/01/2022
Next Earnings (Confirmed)
8/10/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$30.50
High Stock Price Forecast
$37.00
Low Stock Price Forecast
$26.00
Forecasted Upside/Downside
+74.1%
Consensus Rating
Hold
Rating Score (0-4)
2.09090909090909
Research Coverage
11 Analysts

Profitability

Net Income
$5.31 billion
Pretax Margin
18.18%

Debt

Sales & Book Value

Annual Sales
$49.32 billion
Cash Flow
$3.38 per share
Book Value
$21.55 per share

Miscellaneous

Outstanding Shares
1,918,358,000
Free Float
N/A
Market Cap
$33.61 billion
Optionable
Optionable
Beta
1.23

Social Links















Manulife Financial Frequently Asked Questions

Should I buy or sell Manulife Financial stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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 is Manulife Financial's stock price forecast for 2022?

11 analysts have issued 1-year price objectives for Manulife Financial's shares. Their MFC stock forecasts range from $26.00 to $37.00. On average, they predict Manulife Financial's share price to reach $30.50 in the next year. This suggests a possible upside of 74.1% from the stock's current price.
View analysts' price targets for Manulife Financial
or view top-rated stocks among Wall Street analysts.

How has Manulife Financial's stock performed in 2022?

Manulife Financial's stock was trading at $19.07 at the beginning of 2022. Since then, MFC shares have decreased by 8.1% and is now trading at $17.52.
View the best growth stocks for 2022 here
.

Are investors shorting Manulife Financial?

Manulife Financial saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 12,040,000 shares, a drop of 27.9% from the May 31st total of 16,700,000 shares. Based on an average trading volume of 4,630,000 shares, the short-interest ratio is currently 2.6 days. Currently, 0.6% of the company's shares are sold short.
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 10th 2022.
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 Thursday, August 11th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Manulife Financial's earnings last quarter?

Manulife Financial Co. (NYSE:MFC) posted its quarterly earnings results on Wednesday, May, 11th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.66 by $0.05. The financial services provider earned $11.77 billion during the quarter, compared to analyst estimates of $14.82 billion.
View Manulife Financial's earnings history
.

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

Manulife Financial declared a quarterly dividend on Wednesday, May 11th. Investors of record on Wednesday, May 25th will be given a dividend of $0.257 per share on Monday, June 20th. This represents a $1.03 annualized dividend and a yield of 5.87%. The ex-dividend date is Tuesday, May 24th.
View Manulife Financial's dividend history
.

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 5.94%. 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 27.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Manulife Financial will have a dividend payout ratio of 37.73% next year. This indicates that Manulife Financial will be able to sustain or increase its dividend.
View Manulife Financial's dividend history.

Who are Manulife Financial's key executives?

Manulife Financial's management team includes the following people:
  • Mr. Rocco Gori, Pres, CEO & Director (Age 52, Pay $5.69M)
  • Mr. Philip James Witherington, Chief Financial Officer
  • Mr. Scott Sears Hartz C.F.A., CFA, Chief Investment Officer (Age 61, Pay $2.46M)
  • Ms. Marianne Harrison, Pres & CEO of John Hancock (Age 57, Pay $2.35M)
  • 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

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.

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."

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 $17.52.

How much money does Manulife Financial make?

Manulife Financial (NYSE:MFC) has a market capitalization of $33.61 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 $3.719990 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.
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 Manulife Financial is www.manulife.com. The financial services provider can be reached via phone at (416) 926-3000, via email at [email protected], or via fax at 416-926-5657.

This page (NYSE:MFC) was last updated on 7/2/2022 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 | U.S. Based Support Team at [email protected] | (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 | 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 disclaimer.