TSE:MFC Manulife Financial (MFC) Stock Forecast, Price & News C$25.34 -0.20 (-0.78%) (As of 09/25/2023 ET) Add Compare Share Share Today's RangeC$25.25▼C$25.4950-Day RangeC$23.84▼C$26.3652-Week RangeC$20.81▼C$27.50Volume2.98 million shsAverage Volume7.28 million shsMarket CapitalizationC$46.12 billionP/E Ratio3.78Dividend Yield5.76%Price TargetC$28.65 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media Manulife Financial MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside13.1% UpsideC$28.65 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.39Based on 6 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.93 out of 5 stars 2.2 Analyst's Opinion Consensus RatingManulife Financial has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on no buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$28.65, Manulife Financial has a forecasted upside of 13.1% from its current price of C$25.34.Amount of Analyst CoverageManulife Financial has only been the subject of 1 research reports in the past 90 days. 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 5.57%, 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 21.79%. 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 3.0 News and Social Media Coverage News SentimentManulife Financial has a news sentiment score of 0.39. 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 0.50 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Manulife Financial this week, compared to 4 articles on an average week.Search Interest29 people have searched for MFC on MarketBeat in the last 30 days. This is an increase of 45% compared to the previous 30 days.MarketBeat Follows11 people have added Manulife Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 57% 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 0.03% of the stock of Manulife Financial is held by insiders.Percentage Held by Institutions53.45% 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 3.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Manulife Financial is 3.78, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 245.60.Price to Earnings Growth RatioManulife Financial has a PEG Ratio of 11.85. 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 1.08. 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 About Manulife Financial (TSE:MFC) StockManulife 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.Read More MFC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MFC Stock News HeadlinesSeptember 23, 2023 | seekingalpha.comMFC.PR.M:CA Manulife Financial Corporation NON C CL-1 SR-17September 22, 2023 | ca.finance.yahoo.comStocks in play: Manulife Financial Corp.September 25, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.September 22, 2023 | theglobeandmail.comClosing Bell: Manulife Financial Pref Ser 9 flat on Thursday (MFC-PR-I)September 21, 2023 | theglobeandmail.comClosing Bell: Manulife Financial Cl A Pref Ser 3 down on Wednesday (MFC-PR-C)September 19, 2023 | americanbankingnews.comManulife Financial (TSE:MFC) Stock Passes Above 200-Day Moving Average of $25.47September 18, 2023 | finance.yahoo.comThéâtre l'Étoile Becomes Théâtre ManuvieSeptember 14, 2023 | theglobeandmail.comClosing Bell: Manulife Financial Cl A Pref Ser 2 up on Wednesday (MFC-PR-B)September 25, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.September 14, 2023 | finance.yahoo.comManulife's Trinh on Markets, StrategySeptember 9, 2023 | finance.yahoo.comNewsflash: Manulife Financial Corporation (TSE:MFC) Analysts Have Been Trimming Their Revenue ForecastsSeptember 7, 2023 | finance.yahoo.comManulife Investment Management Completes Acquisition of ServerfarmSeptember 6, 2023 | finance.yahoo.comManulife Financial Corporation Announces Results of Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 13August 31, 2023 | theglobeandmail.comClosing Bell: Manulife Financial Cl 1 Sh Ser 3 flat on Wednesday (MFC-PR-F)August 29, 2023 | theglobeandmail.comClosing Bell: Manulife Financial Cl 1 Sh Ser 3 flat on Monday (MFC-PR-F)August 25, 2023 | theglobeandmail.comClosing Bell: Manulife Financial Pref Ser 15 up on Thursday (MFC-PR-L)August 25, 2023 | theglobeandmail.comClosing Bell: Manulife Financial Pref Ser 19 up on Thursday (MFC-PR-N)August 23, 2023 | theglobeandmail.comClosing Bell: Manulife Financial Cl A Pref Ser 2 down on Wednesday (MFC-PR-B)August 23, 2023 | finance.yahoo.comManulife Launches Personalized Medicine Program for Enhanced Health Care Members to Improve Health OutcomesAugust 22, 2023 | theglobeandmail.comManulife Financial: Top 10 Undervalued Financial Services Sector Stocks on TSX (MFC)August 16, 2023 | theglobeandmail.comClosing Bell: Manulife Financial Pref Ser 19 up on Tuesday (MFC-PR-N)August 12, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Financial Companies: Metlife (MET), Manulife Financial (MFC) and Cannae Holdings (CNNE)August 6, 2023 | theglobeandmail.comClosing Bell: Manulife Financial Pref Ser 19 up on Friday (MFC-PR-N)August 5, 2023 | theglobeandmail.comClosing Bell: Manulife Financial Cl A Pref Ser 3 up on Wednesday (MFC-PR-C)August 1, 2023 | theglobeandmail.comClosing Bell: Manulife Financial Pref Ser 9 up on Monday (MFC-PR-I)July 18, 2023 | finance.yahoo.comInstitutional investors control 53% of Manulife Financial Corporation (TSE:MFC) and were rewarded last week after stock increased 4.0%July 18, 2023 | finance.yahoo.com12 Best Dividend Stocks Under $25See 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 MFC Company Calendar Last Earnings8/09/2023Ex-Dividend for 9/19 Dividend8/22/2023Dividend Payable9/19/2023Today9/25/2023Next Earnings (Estimated)11/08/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Insurance—Life Sub-IndustryN/A SectorFinancial Services Current SymbolTSE:MFC CUSIPN/A CIKN/A Webwww.manulife.com Phone+1-416-9263427FaxN/AEmployees40,000Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$28.65 High Stock Price ForecastC$35.00 Low Stock Price ForecastC$24.00 Forecasted Upside/Downside+13.1%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)C$6.70 Trailing P/E Ratio3.78 Forward P/E Ratio7.14 P/E Growth11.85Net IncomeC$12.77 billion Net Margins57.37% Pretax MarginN/A Return on Equity25.43% Return on Assets1.34% Debt Debt-to-Equity Ratio48.26 Current Ratio126.59 Quick Ratio2.58 Sales & Book Value Annual SalesC$22.77 billion Price / Sales2.03 Cash FlowC$14.95 per share Price / Cash Flow1.70 Book ValueC$23.56 per share Price / Book1.08Miscellaneous Outstanding Shares1,820,000,000Free FloatN/AMarket CapC$46.12 billion OptionableOptionable Beta1.13 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Roy Gori (Age 53)Pres, CEO & Director Comp: $5.57MMr. Scott Sears Hartz C.F.A. (Age 62)CFA, Chief Investment Officer Comp: $2.68MMr. Marc M. CostantiniGlobal Head of Inforce ManagementMr. Philip James WitheringtonPres & CEO of Manulife AsiaMr. Colin L. SimpsonChief Financial OfficerMr. Rahul Madhav JoshiChief Operations OfficerMs. Lynda D. SullivanExec. VP & Chief Accounting OfficerMr. Shamus Edward WeilandChief Information OfficerMs. Adrienne O'Neill C.A.C.F.A., CPA, Head of Investor RelationsMr. James David GallagherGen. CounselMore ExecutivesKey CompetitorsGreat-West LifecoTSE:GWOPower Co. of CanadaTSE:POWCanadian Imperial Bank of CommerceTSE:CMSun Life FinancialTSE:SLFIntact FinancialTSE:IFCView All CompetitorsInsidersDonald Richard LindsayBought 50,000 shares on 3/9/2023Total: C$1.33 M ($26.64/share)Marianne HarrisonSold 36,995 sharesTotal: C$990,607.72 ($26.78/share)Simonetta VendittelliSold 3,090 sharesTotal: C$72,867.86 ($23.58/share)Steve FinchSold 13,926 sharesTotal: C$326,340.49 ($23.43/share)View All Insider Transactions MFC Stock - 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 4 hold ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 analysts have issued 12 month price targets for Manulife Financial's shares. Their MFC share price forecasts range from C$24.00 to C$35.00. On average, they predict the company's stock price to reach C$28.65 in the next twelve months. This suggests a possible upside of 13.1% 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 4.9% and is now trading at C$25.34. 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) announced its quarterly earnings results on Wednesday, August, 9th. The financial services provider reported $0.83 EPS for the quarter, beating 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 57.37%. 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. Stockholders 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 dividend yield of 5.76%. The ex-dividend date 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 5.57%. 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$25.34. How much money does Manulife Financial make? Manulife Financial (TSE:MFC) has a market capitalization of C$46.12 billion and generates C$22.77 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 9/25/2023 by MarketBeat.com Staff 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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