NYSE:MFC - Manulife Financial Stock Price, Forecast & News

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

Manulife Financial declared a quarterly dividend on Wednesday, November 6th. Shareholders of record on Tuesday, November 19th will be given a dividend of $0.19 per share on Thursday, December 19th. This represents a $0.76 annualized dividend and a yield of 3.60%. The ex-dividend date of this dividend is Monday, November 18th. This is a boost from Manulife Financial's previous quarterly dividend of $0.19. View Manulife Financial's Dividend History.

Manulife Financial Co. (NYSE:MFC) released its quarterly earnings data on Wednesday, November, 6th. The financial services provider reported $0.76 earnings per share for the quarter, topping analysts' consensus estimates of $0.55 by $0.21. The financial services provider had revenue of $17.14 billion for the quarter. Manulife Financial had a net margin of 6.45% and a return on equity of 12.86%. During the same period in the previous year, the business earned $0.75 EPS. View Manulife Financial's Earnings History.

Manulife Financial is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Manulife Financial.

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

2 analysts have issued twelve-month target prices for Manulife Financial's stock. Their forecasts range from $29.00 to $33.00. On average, they anticipate Manulife Financial's stock price to reach $31.33 in the next twelve months. This suggests a possible upside of 48.3% from the stock's current price. View Analyst Price Targets for Manulife Financial.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Manulife Financial.

News headlines about MFC stock have trended negative on Sunday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Manulife Financial earned a coverage optimism score of -2.5 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Manulife Financial.

Manulife Financial saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 3,970,000 shares, an increase of 48.7% from the December 15th total of 2,670,000 shares. Based on an average daily trading volume, of 1,570,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 0.2% of the company's stock 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), AEGON (AEG), Lincoln National (LNC), Globe Life (GL), SONY FINL HOLDI/ADR (SNYFY) and Reinsurance Group of America (RGA).

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), Ford Motor (F), Royal Bank of Canada (RY), Intel (INTC), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD) and Pfizer (PFE).

Manulife Financial's stock is owned by a number of of retail and institutional investors. Top institutional investors include Hexavest Inc. (0.15%), Galibier Capital Management Ltd. (0.10%), JCIC Asset Management Inc. (0.04%), Endurance Wealth Management Inc. (0.02%), First National Bank of Omaha (0.01%) and Cardinal Capital Management Inc. (0.01%).

MFC stock was sold by a variety of institutional investors in the last quarter, including JCIC Asset Management Inc., First National Bank of Omaha, We Are One Seven LLC, CLARET ASSET MANAGEMENT Corp, IFP Advisors Inc, Raymond James Trust N.A. and Tributary Capital Management LLC.

MFC stock was acquired by a variety of institutional investors in the last quarter, including Hexavest Inc., Cardinal Capital Management Inc., Galibier Capital Management Ltd., Endurance Wealth Management Inc., AE Wealth Management LLC, Contravisory Investment Management Inc. and Weather Gauge Advisory LLC.

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 $21.13.

Manulife Financial has a market capitalization of $41.18 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]