NYSE:MFCManulife Financial Stock Price, Forecast & News

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 (WHO). Since then, MFC stock has decreased by 15.1% and is now trading at $11.94. View which stocks have been mosted impacted by Coronavirus.

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.

Manulife Financial is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Manulife Financial.

Manulife Financial will be holding an earnings conference call on Wednesday, May 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Manulife Financial Co. (NYSE:MFC) posted its quarterly earnings data on Wednesday, February, 12th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.56 by $0.17. The financial services provider earned $8.46 billion during the quarter. Manulife Financial had a return on equity of 13.03% and a net margin of 7.04%. During the same quarter in the prior year, the business earned $0.65 earnings per share. View Manulife Financial's earnings history.

Manulife Financial declared a quarterly dividend on Wednesday, February 12th. Stockholders of record on Tuesday, February 25th will be given a dividend of $0.212 per share on Thursday, March 19th. This represents a $0.85 dividend on an annualized basis and a dividend yield of 7.10%. The ex-dividend date is Monday, February 24th. This is an increase from Manulife Financial's previous quarterly dividend of $0.19. View Manulife Financial's dividend history.

5 analysts have issued twelve-month target prices for Manulife Financial's stock. Their forecasts range from $29.00 to $35.00. On average, they anticipate Manulife Financial's share price to reach $31.25 in the next year. This suggests a possible upside of 161.7% from the stock's current price. View analysts' price targets for Manulife Financial.

News stories about MFC stock have trended very negative recently, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Manulife Financial earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutManulife Financial.

Manulife Financial saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 7,145,500 shares, a decrease of 29.5% from the February 27th total of 10,130,000 shares. Based on an average daily volume of 2,330,000 shares, the short-interest ratio is presently 3.1 days. Approximately 0.4% of the shares of the stock are sold short. 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), SWISS RE LTD/S (SSREY), Sun Life Financial (SLF), Prudential Financial (PRU), HANNOVER RUECK/S (HVRRY), AVIVA PLC/ADR (AVVIY), Legal & General Group (LGEN), SONY FINL HOLDI/ADR (SNYFY), AEGON (AEG), Globe Life (GL), Lincoln National (LNC) and Voya Financial (VOYA).

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), JPMorgan Chase & Co. (JPM), Intel (INTC), Ford Motor (F), Bank of Nova Scotia (BNS), Pfizer (PFE), Royal Bank of Canada (RY) and Cisco Systems (CSCO).

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

Manulife Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include CLARET ASSET MANAGEMENT Corp (0.00%), Weather Gauge Advisory LLC (0.00%), Fulton Bank N.A. (0.00%) and Summit Financial Group Inc. (0.00%).

MFC stock was sold by a variety of institutional investors in the last quarter, including Weather Gauge Advisory LLC, Fulton Bank N.A., and Summit Financial Group Inc..

MFC stock was bought by a variety of institutional investors in the last quarter, including CLARET ASSET MANAGEMENT Corp.

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 $11.94.

Manulife Financial has a market capitalization of $23.19 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. 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 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]