NYSE:MFCManulife Financial Stock Price, Forecast & News

Manulife Financial's stock was trading at $14.07 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MFC stock has decreased by 4.1% and is now trading at $13.50. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last year. There are currently 2 hold ratings and 5 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, August 5th 2020. View our earnings forecast for Manulife Financial.

Manulife Financial will be holding an earnings conference call on Wednesday, August 5th 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) issued its earnings results on Wednesday, May, 6th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.11. The financial services provider had revenue of $15.04 billion for the quarter. Manulife Financial had a net margin of 6.20% and a return on equity of 11.48%. During the same period in the previous year, the firm earned $0.76 EPS. View Manulife Financial's earnings history.

Manulife Financial announced a quarterly dividend on Wednesday, May 6th. Shareholders of record on Tuesday, May 19th will be paid a dividend of $0.201 per share on Friday, June 19th. This represents a $0.80 annualized dividend and a dividend yield of 5.96%. The ex-dividend date is Monday, May 18th. View Manulife Financial's dividend history.

7 brokers have issued 12-month price objectives for Manulife Financial's shares. Their forecasts range from $19.00 to $29.00. On average, they anticipate Manulife Financial's stock price to reach $22.40 in the next year. This suggests a possible upside of 65.9% from the stock's current price. View analysts' price targets for Manulife Financial.

Media stories about MFC stock have been trending negative on Wednesday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Manulife Financial earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave 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 impact on the stock's share price in the next few days. View the latest news about Manulife Financial.

Manulife Financial saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 10,780,000 shares, an increase of 38.6% from the June 15th total of 7,780,000 shares. Based on an average daily trading volume, of 3,940,000 shares, the days-to-cover ratio is currently 2.7 days. Approximately 0.6% of the shares of the company 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), SWISS RE LTD/S (SSREY), Prudential Financial (PRU), Sun Life Financial (SLF), AVIVA PLC/ADR (AVVIY), Legal & General Group (LGEN), SONY FINL HOLDI/ADR (SNYFY), AEGON (AEG), Globe Life (GL), Lincoln National (LNC), Athene (ATH) and Voya Financial (VOYA). View all competitors.

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), Bank of Nova Scotia (BNS), Intel (INTC), 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 retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.02%), Fulton Bank N. A. (0.00%) and New Capital Management LP (0.00%).

MFC stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and Fulton Bank N. A..

MFC stock was purchased by a variety of institutional investors in the last quarter, including New Capital Management LP.

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 $13.50.

Manulife Financial has a market capitalization of $26.18 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.

The official website for Manulife Financial is 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]