TSE:MFC Manulife Financial (MFC) Stock Price, News & Analysis C$35.97 +0.27 (+0.76%) (As of 07/26/2024 ET) Add Compare Share Share Today's RangeC$35.84▼C$36.1550-Day RangeC$34.50▼C$37.1052-Week RangeC$23.69▼C$37.46Volume4.05 million shsAverage Volume6.27 million shsMarket CapitalizationC$64.75 billionP/E Ratio15.78Dividend Yield4.45%Price TargetC$38.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Manulife Financial alerts: Email Address Manulife Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside5.6% UpsideC$38.00 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment-0.14Based on 9 Articles This WeekInsider TradingSelling SharesC$5.56 M 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.0.80 out of 5 stars 1.3 Analyst's Opinion Consensus RatingManulife Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 7 buy ratings, 2 hold ratings, and 1 sell rating.Amount of Analyst CoverageManulife Financial has only been the subject of 3 research reports in the past 90 days.Read more about Manulife Financial's stock forecast and price target. 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 4.38%, 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 70.18%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Manulife Financial's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MFC. Previous Next 1.6 News and Social Media Coverage News SentimentManulife Financial has a news sentiment score of -0.14. 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 0.72 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Manulife Financial this week, compared to 3 articles on an average week.Search Interest32 people have searched for MFC on MarketBeat in the last 30 days. This is an increase of 191% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Manulife Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% 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$5,557,706.00 in company stock.Percentage Held by InsidersOnly 0.02% of the stock of Manulife Financial is held by insiders.Percentage Held by Institutions59.28% of the stock of Manulife Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Manulife Financial's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Manulife Financial is 15.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Manulife Financial is 15.78, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 485.98.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 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Manulife Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaBrace Yourself: Experts calling for Bitcoin to hit $100kFor the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range. But that could change soon. Very soon.Click here to get The Crypto Bull Run Millionaire Blueprint now. 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 HeadlinesJuly 23 at 6:33 PM | nz.finance.yahoo.comManulife Financial Corp (MNQFF)July 22, 2024 | americanbankingnews.comDesjardins Comments on Manulife Financial Co.'s FY2024 Earnings (TSE:MFC)July 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 20, 2024 | americanbankingnews.comManulife Financial (TSE:MFC) Given New C$42.00 Price Target at Jefferies Financial GroupJuly 19, 2024 | markets.businessinsider.comJefferies Reaffirms Their Buy Rating on Manulife Financial (MFC)July 19, 2024 | marketwatch.comManulife Financial Corp. stock falls Friday, underperforms marketJuly 19, 2024 | americanbankingnews.comDesjardins Comments on Manulife Financial Co.'s Q2 2024 Earnings (TSE:MFC)May 28, 2024 | theglobeandmail.comClosing Bell: Manulife Financial Pref Ser 15 up on Monday (MFC-PR-L)July 26, 2024 | American Hartford Gold Group (Ad)Prepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.May 27, 2024 | theglobeandmail.comClosing Bell: Manulife Financial Class 1 Ser 11 up on Monday (MFC-PR-J)May 22, 2024 | finance.yahoo.comManulife CEO on Long-Term Care, Growth Strategy and AsiaMay 14, 2024 | msn.comManulife Financial PFD CL A SER 2 declares CAD 0.2906 dividendMay 12, 2024 | msn.comManulife Financial NON CUM PFD 1 25 declares CAD 0.3714 dividendMay 12, 2024 | markets.businessinsider.comAnalysts’ Top Financial Picks: Manulife Financial (MFC), QBE Insurance Group Limited (QBEIF)May 12, 2024 | msn.comManulife Financial PFD SHS CL 1 S13 declares CAD 0.3969 dividendMay 12, 2024 | msn.comManulife Financial PFD CL A SER 3 declares CAD 0.2813 dividendMay 10, 2024 | finance.yahoo.comManulife Financial Corporation (NYSE:MFC) Q1 2024 Earnings Call TranscriptMay 10, 2024 | finance.yahoo.comManulife Financial First Quarter 2024 Earnings: Beats ExpectationsSee 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 Earnings5/08/2024Ex-Dividend for 6/19 Dividend5/21/2024Dividend Payable6/19/2024Today7/26/2024Next Earnings (Confirmed)8/07/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Insurance - Life Sub-IndustryInsurance Current SymbolTSE:MFC CUSIPN/A CIKN/A Webwww.manulife.com Phone+1-416-9263427FaxN/AEmployees40,000Year FoundedN/APrice Target and Rating Average Stock Price TargetC$38.00 High Stock Price TargetC$42.00 Low Stock Price TargetC$33.00 Potential Upside/Downside+5.7%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.28 Trailing P/E Ratio15.77 Forward P/E Ratio9.97 P/E Growth12.56Net IncomeC$4.26 billion Net Margins18.29% Pretax MarginN/A Return on Equity10.48% Return on Assets0.54% Debt Debt-to-Equity Ratio48.44 Current Ratio29.14 Quick Ratio2.58 Sales & Book Value Annual SalesC$27.47 billion Price / Sales2.36 Cash FlowC$21.21 per share Price / Cash Flow1.70 Book ValueC$25.58 per share Price / Book1.41Miscellaneous Outstanding Shares1,800,000,000Free FloatN/AMarket CapC$64.73 billion OptionableNot Optionable Beta1.10 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Roy Gori (Age 54)President, CEO & Director Comp: $7.01MMr. Colin L. SimpsonChief Financial OfficerMr. Scott Sears Hartz C.F.A. (Age 63)Chief Investment Officer Comp: $2.95MMr. Marc M. CostantiniGlobal Head of Inforce ManagementMr. Paul Raymon LorentzPresident and CEO of Global Wealth & Asset ManagementMr. Philip James WitheringtonPresident & CEO of Manulife AsiaMr. 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 RelationsMore ExecutivesKey CompetitorsGreat-West LifecoTSE:GWOAltius MineralsTSE:ALSBarksdale ResourcesCVE:BROFire & FlowerTSE:FAFFalcon GoldCVE:FGView All CompetitorsInsidersPhilip James WitheringtonSold 97,640 sharesTotal: C$3.43 M ($35.17/share)Rocco GoriSold 48,640 sharesTotal: C$1.71 M ($35.25/share)Steve FinchSold 11,598 sharesTotal: C$409,293.42 ($35.29/share)Steve FinchSold 10,294 sharesTotal: C$337,231.44 ($32.76/share)Brooks TingleSold 3,317 sharesTotal: C$108,664.92 ($32.76/share)View All Insider Transactions Should I Buy Manulife Financial Stock? MFC Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Manulife Financial Co.: Manulife Financial reported earnings per share above analysts' consensus estimates, indicating strong financial performance. The company has a healthy net margin of 18.29%, showcasing efficient cost management. Manulife Financial's return on equity of 10.48% reflects the company's ability to generate profit from shareholders' equity. With a dividend yield of 4.39%, investors can benefit from a steady income stream through dividends. The stock has a market capitalization of C$65.57 billion, indicating the company's size and stability in the market. Cons Investors should be bearish about investing in Manulife Financial Co. for these reasons: Manulife Financial's payout ratio is 70.18%, which may indicate a significant portion of earnings being distributed as dividends, potentially limiting reinvestment for growth. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 30, 2024. Please send any questions or comments about these Manulife Financial pros and cons to contact@marketbeat.com. MFC Stock Analysis - Frequently Asked Questions How have MFC shares performed this year? Manulife Financial's stock was trading at C$29.28 at the beginning of 2024. Since then, MFC shares have increased by 22.8% and is now trading at C$35.97. View the best growth stocks for 2024 here. How were Manulife Financial's earnings last quarter? Manulife Financial Co. (TSE:MFC) issued its quarterly earnings results on Wednesday, May, 8th. The financial services provider reported $0.94 EPS for the quarter, topping analysts' consensus estimates of $0.90 by $0.04. The financial services provider earned $12.80 billion during the quarter, compared to analyst estimates of $12.13 billion. Manulife Financial had a trailing twelve-month return on equity of 10.48% and a net margin of 18.29%. 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 other stocks do shareholders of Manulife Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that Manulife Financial investors own include Intact Financial (IFC), Constellation Software (CSU), Enbridge (ENB), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), BCE (BCE) and Royal Bank of Canada (RY). 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