Top-Rated Dividend StocksTop-Rated DividendNYSE:MFC Manulife Financial (MFC) Stock Price, News & Analysis → A lot of people are making this costly mistake (From WealthPress) (Ad) Free MFC Stock Alerts $24.99 +0.33 (+1.34%) (As of 01:27 PM ET) Add Compare Share Share Today's Range$24.64▼$24.9950-Day Range$20.99▼$24.7952-Week Range$17.07▼$24.99Volume1.01 million shsAverage Volume3.42 million shsMarket Capitalization$45.13 billionP/E Ratio12.95Dividend Yield4.76%Price Target$33.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Manulife Financial alerts: Email Address Manulife Financial MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside33.6% Upside$33.33 Price TargetShort InterestHealthy0.63% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.39Upright™ Environmental ScoreNews Sentiment0.79Based on 12 Articles This WeekInsider TradingN/AProj. Earnings Growth9.59%From $2.71 to $2.97 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.5.00 out of 5 starsFinance Sector2nd out of 858 stocksLife Insurance Industry1st out of 20 stocks 3.5 Analyst's Opinion Consensus RatingManulife Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $33.33, Manulife Financial has a forecasted upside of 33.6% from its current price of $24.95.Amount of Analyst CoverageManulife Financial has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.63% of the float of Manulife Financial has been sold short.Short Interest Ratio / Days to CoverManulife Financial has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Manulife Financial has recently decreased by 74.25%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipManulife Financial is a leading dividend payer. It pays a dividend yield of 4.93%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthManulife Financial has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Manulife Financial is 61.66%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Manulife Financial will have a dividend payout ratio of 40.07% next year. This indicates that Manulife Financial will be able to sustain or increase its dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreManulife Financial has received a 23.71% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Life insurance services for groups", "Retail banking services", "Retirement saving services", "Real estate funds", "Life insurance services for individuals", and "Long term disability insurance services for groups" products. See details.Environmental SustainabilityThe Environmental Impact score for Manulife Financial is -0.39. Previous Next 3.8 News and Social Media Coverage News SentimentManulife Financial has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Manulife Financial this week, compared to 7 articles on an average week.Search Interest50 people have searched for MFC on MarketBeat in the last 30 days. This is an increase of 28% compared to the previous 30 days.MarketBeat Follows23 people have added Manulife Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 109% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Manulife Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.04% of the stock of Manulife Financial is held by insiders.Percentage Held by Institutions52.56% of the stock of Manulife Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Manulife Financial are expected to grow by 9.59% in the coming year, from $2.71 to $2.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Manulife Financial is 12.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.13.Price to Earnings Ratio vs. SectorThe P/E ratio of Manulife Financial is 12.93, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.52.Price to Earnings Growth RatioManulife Financial has a PEG Ratio of 0.89. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioManulife Financial has a P/B Ratio of 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Huge AlertsTrending Stocks Sent To You In Real Time Sign up today and get instant access to our next stock alert! You do not want to miss out on this next pick! Our stock picks have been known to soar! Click To Get Our Next Alert About Manulife Financial Stock (NYSE:MFC)Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, 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 offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks. The Insurance and Annuity Products segment provides deposit and credit products; and individual life insurance, individual and group long-term care insurance, and guaranteed and partially guaranteed annuity products through multiple distribution channels, including insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in the property and casualty reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. The company also manages timberland and agricultural portfolios; and engages in insurance agency, investment counseling and dealer, portfolio and mutual fund management, property and casualty insurance, and mutual fund dealer businesses. In addition, it provides integrated banking products and services. The company was incorporated in 1887 and is headquartered in Toronto, Canada.Read More MFC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MFC Stock News HeadlinesMarch 27, 2024 | seekingalpha.comManulife Financial Corporation (MFC) National Bank Financial 22nd Annual Financial Services Conference (Transcript)March 26, 2024 | investorplace.com3 Stocks to Buy for Both Dividends and Value in MarchMarch 28, 2024 | WealthPress (Ad)$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. 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March 25, 2024 | finance.yahoo.comUPDATE 1-Manulife agrees to reinsure $4.3 bln of Canadian Universal Life reservesMarch 22, 2024 | prnewswire.comManulife's Management Information Circular and Annual Report Now AvailableMarch 20, 2024 | investing.comManulife Financial Corp Pref N (MFC_pn)March 19, 2024 | finance.yahoo.comManulife Investment Management Limited Announces Changes to Mutual Fund OfferingMarch 15, 2024 | finance.yahoo.comManulife (MFC) Down 2.4% Since Last Earnings Report: Can It Rebound?March 13, 2024 | msn.comThe 11 best places to retire to in California, based on dataMarch 11, 2024 | ca.finance.yahoo.comAQN Jul 2024 10.000 putMarch 5, 2024 | prnewswire.comManulife announces additions to its Board of DirectorsMarch 5, 2024 | prnewswire.comManulife Investment Management Announces Close of $752 Million Manulife Capital Partners VII, L.P.March 3, 2024 | theglobeandmail.comClosing Bell: Manulife Financial Pref Ser 9 flat on Friday (MFC-PR-I)February 29, 2024 | prnewswire.comManulife to host Investor Day in AsiaFebruary 27, 2024 | finance.yahoo.comManulife Holdings Berhad Full Year 2023 Earnings: EPS: RM0.36 (vs RM0.089 in FY 2022)February 24, 2024 | msn.comManulife Financial (MFC) Price Target Increased by 15.30% to 26.18February 23, 2024 | ca.finance.yahoo.comMFC Mar 2024 26.000 putFebruary 22, 2024 | finance.yahoo.comManulife Closes Milestone Reinsurance Transaction with Global AtlanticFebruary 22, 2024 | businesswire.comGlobal Atlantic Closes $10 Billion Block Reinsurance Transaction with Manulife across both US and Japan BusinessFebruary 22, 2024 | prnewswire.comManulife Closes Milestone Reinsurance Transaction with Global AtlanticFebruary 21, 2024 | realmoney.thestreet.comTD Securities gets more bearish on Manulife Financial, downgrades sharesSee More Headlines 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. Email Address Company Calendar Last Earnings2/14/2024Ex-Dividend for 3/19 Dividend2/27/2024Dividend Payable3/19/2024Today3/28/2024Next Earnings (Estimated)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Life insurance Sub-IndustryN/A Current SymbolNYSE:MFC CUSIPN/A CIK1086888 Webwww.manulife.com Phone(416) 926-3000Fax416-926-5657Employees40,000Year Founded1887Price Target and Rating Average Stock Price Target$33.33 High Stock Price Target$35.00 Low Stock Price Target$32.00 Potential Upside/Downside+35.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.93 Trailing P/E Ratio12.77 Forward P/E Ratio9.10 P/E Growth0.89Net Income$4.05 billion Net Margins10.42% Pretax Margin13.06% Return on Equity15.98% Return on Assets0.78% Debt Debt-to-Equity Ratio0.14 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$36.10 billion Price / Sales1.23 Cash Flow$3.39 per share Price / Cash Flow7.27 Book Value$17.25 per share Price / Book1.43Miscellaneous Outstanding Shares1,805,800,000Free Float1,805,076,000Market Cap$44.51 billion OptionableOptionable Beta1.08 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Roy Gori (Age 53)President, CEO & Director Comp: $4.13MMr. Scott Sears Hartz C.F.A. (Age 63)Chief Investment Officer Comp: $1.99MMr. Marc M. CostantiniGlobal Head of Inforce ManagementMr. Philip James WitheringtonPresident & CEO of Manulife AsiaMr. Colin L. SimpsonChief Financial OfficerMr. Rahul Madhav JoshiChief Operations OfficerMs. Lynda D. SullivanExecutive VP & Chief Accounting OfficerMr. Shamus Edward WeilandChief Information OfficerMs. Adrienne O'Neill C.A.C.F.A., CPA, Head of Investor RelationsMr. James David GallagherGeneral CounselMore ExecutivesKey CompetitorsPrudential FinancialNYSE:PRUMetLifeNYSE:METSun Life FinancialNYSE:SLFPrudentialNYSE:PUKCorebridge FinancialNYSE:CRBGView All CompetitorsInstitutional OwnershipNapatree Capital LLCBought 10,514 shares on 3/26/2024Ownership: 0.001%HighPoint Advisor Group LLCBought 9,099 shares on 3/26/2024Ownership: 0.001%PNC Financial Services Group Inc.Bought 8,123 shares on 3/22/2024Ownership: 0.005%B. Riley Wealth Advisors Inc.Bought 1,855 shares on 3/15/2024Ownership: 0.001%Hennessy Advisors Inc.Sold 15,500 shares on 3/14/2024Ownership: 0.015%View All Institutional Transactions Should I Buy Manulife Financial Stock? MFC Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Manulife Financial was last updated on Tuesday, March 26, 2024 at 10:32 PM. Pros Here are some ways that investors could benefit from investing in Manulife Financial Co.: Manulife Financial Co. reported a strong quarterly earnings performance, surpassing the consensus estimate by $0.05 per share, indicating solid financial health and potential for growth. The company has a diverse range of financial products and services offered across multiple regions, providing a broad revenue stream and reducing dependency on any single market. With a market capitalization of $43.61 billion, Manulife Financial Co. is a well-established player in the financial services industry, offering stability and credibility to investors. Manulife Financial Co. has shown consistent growth in its return on equity, currently standing at 15.98%, reflecting efficient management of shareholder funds and potential for higher returns. Despite recent fluctuations, the stock price of Manulife Financial Co. has shown resilience, with a 52-week high of $24.89, indicating investor confidence and positive market sentiment. Cons Investors should be bearish about investing in Manulife Financial Co. for these reasons: Manulife Financial Co. operates in a highly competitive industry, facing challenges from other established financial institutions, which could impact market share and profitability. The company's stock performance has shown volatility, with fluctuations in the stock price, potentially leading to uncertainty for investors and short-term risks. As a global company, Manulife Financial Co. is exposed to geopolitical and economic risks in various regions, which could impact its operations and financial performance. Regulatory changes in the financial services sector could affect Manulife Financial Co.'s business operations and profitability, leading to compliance challenges and additional costs. Investors should consider the company's P/E ratio of 12.51 and P/E/G ratio of 0.90 when evaluating investment opportunities, as these metrics provide insights into the stock's valuation and growth potential. MFC Stock Analysis - Frequently Asked Questions Should I buy or sell Manulife Financial stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MFC shares. View MFC analyst ratings or view top-rated stocks. What is Manulife Financial's stock price target for 2024? 5 Wall Street research analysts have issued 1 year price objectives for Manulife Financial's stock. Their MFC share price targets range from $32.00 to $35.00. On average, they anticipate the company's stock price to reach $33.33 in the next twelve months. This suggests a possible upside of 33.6% from the stock's current price. View analysts price targets for MFC or view top-rated stocks among Wall Street analysts. How have MFC shares performed in 2024? Manulife Financial's stock was trading at $22.10 at the beginning of 2024. Since then, MFC stock has increased by 12.9% and is now trading at $24.95. View the best growth stocks for 2024 here. Are investors shorting Manulife Financial? Manulife Financial saw a decline in short interest in March. As of March 15th, there was short interest totaling 11,310,000 shares, a decline of 74.2% from the February 29th total of 43,920,000 shares. Based on an average daily volume of 3,350,000 shares, the short-interest ratio is currently 3.4 days. Approximately 0.6% of the shares of the company are sold short. View Manulife Financial's Short Interest. When is Manulife Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our MFC earnings forecast. How were Manulife Financial's earnings last quarter? Manulife Financial Co. (NYSE:MFC) posted its quarterly earnings data on Wednesday, February, 14th. The financial services provider reported $0.68 EPS for the quarter, beating the consensus estimate of $0.63 by $0.05. The financial services provider had revenue of $10.96 billion for the quarter, compared to the consensus estimate of $7.57 billion. Manulife Financial had a net margin of 10.42% and a trailing twelve-month return on equity of 15.98%. How often does Manulife Financial pay dividends? What is the dividend yield for Manulife Financial? Manulife Financial declared a quarterly dividend on Wednesday, February 14th. Shareholders of record on Wednesday, February 28th will be paid a dividend of $0.298 per share on Tuesday, March 19th. This represents a $1.19 annualized dividend and a yield of 4.78%. The ex-dividend date of this dividend is Tuesday, February 27th. This is an increase from the stock's previous quarterly dividend of $0.26. Read our dividend analysis for MFC. Is Manulife Financial a good dividend stock? Manulife Financial (NYSE:MFC) pays an annual dividend of $1.19 per share and currently has a dividend yield of 4.93%. MFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 61.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MFC will have a dividend payout ratio of 40.07% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MFC. What is Roy Gori's approval rating as Manulife Financial's CEO? 438 employees have rated Manulife Financial Chief Executive Officer Roy Gori on Glassdoor.com. Roy Gori has an approval rating of 94% among the company'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). Who are Manulife Financial's major shareholders? Manulife Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.96%), Vanguard Group Inc. (3.96%), TD Asset Management Inc (2.05%), Mackenzie Financial Corp (1.53%), National Bank of Canada FI (1.39%) and Beutel Goodman & Co Ltd. (1.37%). How do I buy shares of Manulife Financial? Shares of MFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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 This page (NYSE:MFC) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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