S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
BREAKING: The truth about war with China (Ad)
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Elon Did It Again: This Could be Bigger than Tesla (Ad)
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
A fight over precious groundwater in a rural California town is rooted in carrots
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
BREAKING: The truth about war with China (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Elon Did It Again: This Could be Bigger than Tesla (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
Elon Did It Again: This Could be Bigger than Tesla (Ad)
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
A fight over precious groundwater in a rural California town is rooted in carrots
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
BREAKING: The truth about war with China (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Elon Did It Again: This Could be Bigger than Tesla (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
Elon Did It Again: This Could be Bigger than Tesla (Ad)
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
A fight over precious groundwater in a rural California town is rooted in carrots
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
BREAKING: The truth about war with China (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Elon Did It Again: This Could be Bigger than Tesla (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
Elon Did It Again: This Could be Bigger than Tesla (Ad)
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
A fight over precious groundwater in a rural California town is rooted in carrots
TSE:MFC

Manulife Financial (MFC) Stock Forecast, Price & News

C$24.82
-0.12 (-0.48%)
(As of 09/29/2023 ET)
Compare
Today's Range
C$24.80
C$25.22
50-Day Range
C$23.84
C$26.36
52-Week Range
C$20.81
C$27.50
Volume
4.05 million shs
Average Volume
7.22 million shs
Market Capitalization
C$45.17 billion
P/E Ratio
3.70
Dividend Yield
5.88%
Price Target
C$28.65

Manulife Financial MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
15.4% Upside
C$28.65 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.62 out of 5 stars


MFC stock logo

About Manulife Financial (TSE:MFC) Stock

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 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 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. Manulife Financial Corporation was incorporated in 1887 and is headquartered in Toronto, Canada.

MFC Price History

MFC Stock News Headlines

Biden's Digital Dollar Nightmare
On July 20th, 2023, the Federal Reserve launched FedNow, which could spark the fuse for a Digital Dollar. If a Digital Dollar happens, the government could: Monitor every transaction, keep track of your spending habits, and potentially control your individual choices… Which MAY steal your freedoms in one way or another. And if you don’t plan for this now... Your retirement savings could be at risk of being frozen, hacked, or deleted. You’ll want to act fast... Because with Biden’s long history of voting against Americans... Who knows how much longer until Biden strikes again! Get your hands on this FREE Wealth Protection Kit today and learn how you could shield your savings and investments before it’s too late!
Stocks in play: Manulife Financial Corp.
Théâtre l'Étoile Becomes Théâtre Manuvie
Biden's Digital Dollar Nightmare
On July 20th, 2023, the Federal Reserve launched FedNow, which could spark the fuse for a Digital Dollar. If a Digital Dollar happens, the government could: Monitor every transaction, keep track of your spending habits, and potentially control your individual choices… Which MAY steal your freedoms in one way or another. And if you don’t plan for this now... Your retirement savings could be at risk of being frozen, hacked, or deleted. You’ll want to act fast... Because with Biden’s long history of voting against Americans... Who knows how much longer until Biden strikes again! Get your hands on this FREE Wealth Protection Kit today and learn how you could shield your savings and investments before it’s too late!
Manulife's Trinh on Markets, Strategy
12 Best Dividend Stocks Under $25
See More Headlines
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MFC Company Calendar

Last Earnings
8/09/2023
Ex-Dividend for 9/19 Dividend
8/22/2023
Dividend Payable
9/19/2023
Today
10/01/2023
Next Earnings (Estimated)
11/08/2023

Industry, Sector and Symbol

Industry
Insurance—Life
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
40,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$28.65
High Stock Price Forecast
C$35.00
Low Stock Price Forecast
C$24.00
Forecasted Upside/Downside
+15.4%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
C$12.77 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$20.09 billion
Cash Flow
C$14.64 per share
Book Value
C$23.56 per share

Miscellaneous

Outstanding Shares
1,820,000,000
Free Float
N/A
Market Cap
C$45.17 billion
Optionable
Optionable
Beta
1.13
7 Stocks to Buy And Hold Forever Cover

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Key Executives

  • Mr. Roy Gori (Age 53)
    Pres, CEO & Director
    Comp: $5.57M
  • Mr. Scott Sears Hartz C.F.A. (Age 62)
    CFA, Chief Investment Officer
    Comp: $2.68M
  • Mr. Marc M. Costantini
    Global Head of Inforce Management
  • Mr. Philip James Witherington
    Pres & CEO of Manulife Asia
  • Mr. Colin L. Simpson
    Chief Financial Officer
  • 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













MFC Stock - Frequently Asked Questions

Should I buy or sell Manulife Financial stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last twelve months. There are currently 4 hold ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" MFC shares. 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 MFC analyst ratings
or view top-rated stocks.

What is Manulife Financial's stock price forecast for 2023?

5 equities research analysts have issued twelve-month price objectives for Manulife Financial's stock. Their MFC share price forecasts range from C$24.00 to C$35.00. On average, they predict the company's share price to reach C$28.65 in the next year. This suggests a possible upside of 15.4% 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 2023?

Manulife Financial's stock was trading at C$24.15 on January 1st, 2023. Since then, MFC shares have increased by 2.8% and is now trading at C$24.82.
View the best growth stocks for 2023 here
.

When is Manulife Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our MFC earnings forecast
.

How were Manulife Financial's earnings last quarter?

Manulife Financial Co. (TSE:MFC) issued its quarterly earnings results on Wednesday, August, 9th. The financial services provider reported $0.83 earnings per share for the quarter, topping analysts' consensus estimates of $0.79 by $0.04. The financial services provider earned $12.09 billion during the quarter, compared to analysts' expectations of $15.64 billion. Manulife Financial had a trailing twelve-month return on equity of 25.43% and a net margin of 65.04%.

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

Manulife Financial declared a quarterly dividend on Wednesday, August 9th. Shareholders of record on Wednesday, August 23rd will be given a dividend of 0.365 per share on Tuesday, September 19th. This represents a $1.46 annualized dividend and a yield of 5.88%. The ex-dividend date of this dividend is Tuesday, August 22nd.
Read our dividend analysis for MFC
.

Is Manulife Financial a good dividend stock?

Manulife Financial (TSE:MFC) pays an annual dividend of C$1.46 per share and currently has a dividend yield of 5.72%. MFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 21.79%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MFC.

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 Intact Financial (IFC), Constellation Software (CSU), Enbridge (ENB), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), BCE (BCE), Royal Bank of Canada (RY), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV) and Suncor Energy (SU).

What is Manulife Financial's stock symbol?

Manulife Financial trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MFC."

How do I buy shares of Manulife Financial?

Shares of MFC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Manulife Financial's stock price today?

One share of MFC stock can currently be purchased for approximately C$24.82.

How much money does Manulife Financial make?

Manulife Financial (TSE:MFC) has a market capitalization of C$45.17 billion and generates C$20.09 billion in revenue each year. The financial services provider earns C$12.77 billion in net income (profit) each year or C$6.70 on an earnings per share basis.

How many employees does Manulife Financial have?

The company employs 40,000 workers across the globe.

How can I contact Manulife Financial?

Manulife Financial's mailing address is 1-200 Bloor St E, TORONTO, ON M4W 1E5, Canada. The official website for the company is www.manulife.com. The financial services provider can be reached via phone at +1-416-9263427.

This page (TSE:MFC) was last updated on 10/1/2023 by MarketBeat.com Staff

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