TSE:MFC Manulife Financial (MFC) Stock Price, News & Analysis → Make This $3 Trade the Instant the Opening Bell Rings (From Monument Traders Alliance) (Ad) Free MFC Stock Alerts C$32.60 -0.07 (-0.21%) (As of 03/18/2024 ET) Add Compare Share Share Today's RangeC$32.59▼C$32.8550-Day RangeC$28.34▼C$33.3552-Week RangeC$23.69▼C$33.59Volume5.12 million shsAverage Volume6.70 million shsMarket CapitalizationC$59.01 billionP/E Ratio12.49Dividend Yield4.91%Price TargetC$35.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Manulife Financial alerts: Email Address Manulife Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside9.8% UpsideC$35.80 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.05Based on 4 Articles This WeekInsider TradingSelling SharesC$445,896 Sold Last QuarterProj. Earnings GrowthN/ASee 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.1.83 out of 5 stars 2.3 Analyst's Opinion Consensus RatingManulife Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of C$35.80, Manulife Financial has a forecasted upside of 9.8% from its current price of C$32.60.Amount of Analyst CoverageManulife Financial has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MFC. Previous Next 2.5 Dividend Strength Dividend LeadershipManulife Financial is a leading dividend payer. It pays a dividend yield of 4.89%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthManulife Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Manulife Financial is 61.30%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MFC. Previous Next 2.3 News and Social Media Coverage News SentimentManulife Financial has a news sentiment score of 0.05. 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 lower news sentiment than the 0.81 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Manulife Financial this week, compared to 4 articles on an average week.Search Interest48 people have searched for MFC on MarketBeat in the last 30 days. This is an increase of 92% compared to the previous 30 days.MarketBeat Follows12 people have added Manulife Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Manulife Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$445,896.00 in company stock.Percentage Held by InsidersOnly 0.03% of the stock of Manulife Financial is held by insiders.Percentage Held by Institutions57.26% 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 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Manulife Financial is 12.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.99.Price to Earnings Ratio vs. SectorThe P/E ratio of Manulife Financial is 12.49, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 451.71.Price to Earnings Growth RatioManulife Financial has a PEG Ratio of 12.56. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioManulife Financial has a P/B Ratio of 1.31. 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 Monument Traders AllianceMake This $3 Trade the Instant the Opening Bell RingsSince the birth of Wall Street, one simple rule has remained the same.... Buy stocks that are cheap....When they’re on sale…. And when nobody else is looking…See Why This $3.00 Stock Could Hit $15.00 About Manulife Financial Stock (TSE: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 15, 2024 | americanbankingnews.comManulife Financial (TSE:MFC) Shares Pass Above 200 Day Moving Average of $27.70March 14, 2024 | ca.news.yahoo.comFormer Quebec judge pleads guilty to manslaughter in wife's 2009 shooting deathMarch 19, 2024 | Behind the Markets (Ad)The only AI company you should be looking atThis is the ONLY AI company you should be watching right now. No. It's not Nvidia, Intel, or Microsoft... It's a tiny biotech using proprietary AI to assist in new drug discovery at a rate 100,000 times faster than a human. This new drug discovery technique will change the market. And that's why they received a $50 million investment from an AI powerhouse.March 13, 2024 | ca.finance.yahoo.comDividend Payments Hit A Record $1.7 Trillion In 2023March 13, 2024 | finance.yahoo.comManulife Chief Financial Officer, Colin Simpson to participate in fireside chat at National Bank of Canada's 22nd Annual Financial Services ConferenceMarch 6, 2024 | ca.finance.yahoo.comManulife Financial Corp (MFC-PI.TO)February 22, 2024 | finance.yahoo.comJust Four Days Till Manulife Financial Corporation (TSE:MFC) Will Be Trading Ex-DividendFebruary 19, 2024 | finance.yahoo.comManulife Financial Corp (MFC) Hit a 52 Week High, Can the Run Continue?March 19, 2024 | Weiss Ratings (Ad)The ONE AI sSock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …February 19, 2024 | finance.yahoo.comIs Manulife Financial Corp (MFC) a Great Value Stock Right Now?February 16, 2024 | finance.yahoo.comManulife Financial Corporation (NYSE:MFC) Q4 2023 Earnings Call TranscriptFebruary 15, 2024 | finance.yahoo.comMFC Feb 2024 30.000 callFebruary 15, 2024 | msn.comManulife profit rises on strong insurance salesFebruary 14, 2024 | msn.comManulife Financial reports fourth-quarter earnings of $1.66 billionFebruary 14, 2024 | theglobeandmail.comManulife Financial reports earnings of $1.66 billionFebruary 14, 2024 | msn.comManulife Financial Q4 core earnings slip as Global WAM logs outflowsFebruary 14, 2024 | finance.yahoo.comUPDATE 2-Manulife beats profit estimates on strong Asia, Canada performanceFebruary 13, 2024 | benzinga.comPreview: Manulife Financial's EarningsFebruary 11, 2024 | seekingalpha.comShould You Buy Manulife For Its 4.8% Yield?February 9, 2024 | finance.yahoo.comZacks Industry Outlook Highlights Manulife Financial, Sun Life Financial, Reinsurance Group and PrimericaFebruary 8, 2024 | finance.yahoo.comAward-winning Funds: Manulife Investment Management Again Among Top Honourees from Fundata CanadaFebruary 6, 2024 | finance.yahoo.comManulife Investment Management Names Anne Valentine Andrews as Global Head of Private MarketsFebruary 2, 2024 | finance.yahoo.comWoodward and Levi Strauss have been highlighted as Zacks Bull and Bear of the DayFebruary 1, 2024 | finance.yahoo.comJohn Hancock Investment Management Files Initial Registration Statement for New High Yield ETF Subadvised by Marathon Asset ManagementFebruary 1, 2024 | finance.yahoo.com3 Top Dividend Stocks to Buy for a Tricky FebruaryFebruary 1, 2024 | finance.yahoo.comManulife Financial Corp (MFC) Hits Fresh High: Is There Still Room to Run?January 31, 2024 | finance.yahoo.comManulife to Release Fourth Quarter and Full Year 2023 Financial ResultsSee 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 Ex-Dividend for 12/19 Dividend11/21/2023Dividend Payable12/19/2023Last Earnings2/14/2024Ex-Dividend for 3/19 Dividend2/27/2024Today3/18/2024Dividend Payable3/19/2024Next Earnings (Estimated)5/08/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Insurance - Life Sub-IndustryN/A Current SymbolTSE:MFC CUSIPN/A CIKN/A Webwww.manulife.com Phone+1-416-9263427FaxN/AEmployees38,000Year FoundedN/APrice Target and Rating Average Stock Price TargetC$35.80 High Stock Price TargetC$40.00 Low Stock Price TargetC$33.00 Potential Upside/Downside+9.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.61 Trailing P/E Ratio12.49 Forward P/E Ratio8.83 P/E Growth12.56Net IncomeC$4.80 billion Net Margins20.05% Pretax MarginN/A Return on Equity11.57% Return on Assets0.59% Debt Debt-to-Equity Ratio45.69 Current Ratio3.79 Quick Ratio2.58 Sales & Book Value Annual SalesC$27.25 billion Price / Sales2.17 Cash FlowC$19.23 per share Price / Cash Flow1.70 Book ValueC$24.80 per share Price / Book1.31Miscellaneous Outstanding Shares1,810,000,000Free FloatN/AMarket CapC$59.01 billion OptionableNot Optionable Beta1.10 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Scott Sears Hartz C.F.A. (Age 63)Chief Investment Officer Comp: $2.68MMr. 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 CounselAnne HammerGlobal Chief Communications OfficerMore ExecutivesKey CompetitorsGreat-West LifecoTSE:GWOPower Co. of CanadaTSE:POWCanadian Imperial Bank of CommerceTSE:CMSun Life FinancialTSE:SLFIntact FinancialTSE:IFCView All CompetitorsInsidersSteve FinchSold 10,294 sharesTotal: C$337,231.44 ($32.76/share)Brooks TingleSold 3,317 sharesTotal: C$108,664.92 ($32.76/share)Steve FinchSold 10,295 sharesTotal: C$267,335.41 ($25.97/share)View All Insider 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 Friday, March 15, 2024 at 4:21 AM. Pros Here are some ways that investors could benefit from investing in Manulife Financial Co.: Manulife Financial Co. has a strong presence in multiple markets, including Asia, Canada, the United States, and internationally, providing diversification benefits to investors. The company offers a range of financial products and services, including wealth and asset management, insurance, and annuity products, catering to various client needs and preferences. Recent developments indicate positive analyst recommendations for Manulife Financial Co., potentially boosting investor confidence in the company's performance. Manulife Financial Co. operates through different segments, such as Wealth and Asset Management Businesses, Insurance and Annuity Products, and Corporate and Other, showcasing a well-rounded business model. Investors may find the current stock price of Manulife Financial Co. attractive, presenting a potential entry point for those looking to invest in the company. Cons Investors should be bearish about investing in Manulife Financial Co. for these reasons: Market volatility and economic uncertainties could impact the financial performance of Manulife Financial Co., leading to potential risks for investors. The insurance industry, in which Manulife Financial Co. operates, is subject to regulatory changes and competitive pressures, affecting the company's profitability. Fluctuations in interest rates and investment markets may influence the returns generated by Manulife Financial Co.'s wealth and asset management businesses, affecting investor outcomes. The company's involvement in property and casualty reinsurance businesses, as well as run-off reinsurance operations, could expose it to additional risks associated with these sectors. Investors should consider the impact of global economic conditions on Manulife Financial Co.'s operations, as international exposure may introduce currency and geopolitical risks. MFC Stock Analysis - Frequently Asked Questions Should I buy or sell Manulife Financial stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MFC shares. View MFC analyst ratings or view top-rated stocks. What is Manulife Financial's stock price target for 2024? 10 analysts have issued 12 month price objectives for Manulife Financial's shares. Their MFC share price targets range from C$33.00 to C$40.00. On average, they predict the company's stock price to reach C$35.80 in the next year. This suggests a possible upside of 9.8% 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 C$29.28 on January 1st, 2024. Since then, MFC shares have increased by 11.3% and is now trading at C$32.60. View the best growth stocks for 2024 here. 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. (TSE:MFC) announced its earnings results on Wednesday, February, 14th. The financial services provider reported $0.92 EPS for the quarter, beating analysts' consensus estimates of $0.84 by $0.08. The financial services provider had revenue of $14.92 billion for the quarter, compared to analyst estimates of $10.24 billion. Manulife Financial had a trailing twelve-month return on equity of 11.57% and a net margin of 20.05%. 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. Investors of record on Wednesday, February 28th will be given a dividend of 0.40 per share on Tuesday, March 19th. This represents a $1.60 annualized dividend and a yield of 4.91%. The ex-dividend date is Tuesday, February 27th. This is a positive change from the stock's previous quarterly dividend of C$0.37. Read our dividend analysis for MFC. Is Manulife Financial a good dividend stock? Manulife Financial (TSE:MFC) pays an annual dividend of C$1.60 per share and currently has a dividend yield of 4.89%. MFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 61.30%. 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). 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. This page (TSE:MFC) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceStock-Picking AI Predicts #1 Stock of 2024AltimetrySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Manulife Financial Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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