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TSE:MFCManulife Financial Stock Price, Forecast & News

C$15.89
-0.26 (-1.61 %)
(As of 05/25/2020 07:22 AM ET)
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Today's Range
C$15.70
Now: C$15.89
C$16.18
50-Day Range
C$15.74
MA: C$16.66
C$18.13
52-Week Range
C$12.58
Now: C$15.89
C$27.78
Volume12.81 million shs
Average Volume8.66 million shs
Market CapitalizationC$30.82 billion
P/E Ratio6.83
Dividend Yield6.93%
BetaN/A
Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the United States. The company offers individual life, and individual and group long-term care insurance; and guaranteed and partially guaranteed annuity products through insurance agents, brokers, banks, financial planners, and direct marketing. It also provides mutual funds and exchange-traded funds, group retirement and savings products, and institutional asset management services through insurance agents and brokers affiliated with the company, securities brokerage firms, financial advisors, pension plan consultants, and banks; and banking products, such as deposit and credit products to Canadian customers. In addition, the company is involved in property and casualty insurance and reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. Further, it manages timberland and agricultural portfolios; and engages in insurance agency, portfolio and mutual fund management, mutual fund dealer, life and financial reinsurance, and mutual funds marketing businesses. Additionally, the company holds and manages oil and gas properties; holds oil and gas royalties, and foreign bonds and equities; provides investment management, counseling, advisory, and dealer services; and develops and operates hydro-electric power projects. Manulife Financial Corporation was founded in 1887 and is headquartered in Toronto, Canada.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.9Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.38 out of 5 stars


Industry, Sector and Symbol

Industry Insurance - Life
Sub-IndustryN/A
SectorFinancial Services
CUSIPN/A
CIKN/A
Phone+1-416-9263427

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$74.34 billion
Cash FlowC$33.45 per share
Book ValueC$26.34 per share

Profitability

Miscellaneous

Employees34,000
Outstanding Shares1,939,464,000
Market CapC$30.82 billion
Next Earnings Date8/5/2020 (Estimated)
OptionableOptionable

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Manulife Financial (TSE:MFC) Frequently Asked Questions

How has Manulife Financial's stock been impacted by COVID-19 (Coronavirus)?

Manulife Financial's stock was trading at C$19.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MFC stock has decreased by 18.1% and is now trading at C$15.89. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Manulife Financial?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last year. There are currently 2 hold ratings, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Manulife Financial.

When is Manulife Financial's next earnings date?

Manulife Financial is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Manulife Financial.

How were Manulife Financial's earnings last quarter?

Manulife Financial Co. (TSE:MFC) posted its quarterly earnings data on Wednesday, May, 6th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by $0.06. The financial services provider had revenue of $20.18 billion for the quarter. View Manulife Financial's earnings history.

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

Manulife Financial declared a quarterly dividend on Monday, May 18th. Shareholders of record on Friday, June 19th will be given a dividend of 0.28 per share on Friday, June 19th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 7.05%. The ex-dividend date is Monday, May 18th. View Manulife Financial's dividend history.

What price target have analysts set for MFC?

4 analysts have issued twelve-month price objectives for Manulife Financial's shares. Their forecasts range from C$18.00 to C$34.00. On average, they expect Manulife Financial's share price to reach C$27.38 in the next twelve months. This suggests a possible upside of 72.3% from the stock's current price. View analysts' price targets for Manulife Financial.

Has Manulife Financial been receiving favorable news coverage?

Media stories about MFC stock have been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Manulife Financial earned a coverage optimism score of 1.5 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutManulife Financial.

Who are some of Manulife Financial's key competitors?

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), Toronto-Dominion Bank (TD), BCE (BCE), Alimentation Couche-Tard (ATD.B), Enbridge (ENB), Bank of Nova Scotia (BNS), Royal Bank of Canada (RY), AutoCanada (ACQ) and Suncor Energy (SU).

Who are Manulife Financial's key executives?

Manulife Financial's management team includes the following people:
  • Mr. Rocco Gori, Pres, CEO & Director (Age 49)
  • Mr. Philip James Witherington, Chief Financial Officer
  • Ms. Pamela O. Kimmet, Chief HR Officer (Age 60)
  • Mr. Warren Alfred Thomson FCPA, Chief Investment Officer (Age 64)
  • Ms. Marianne Harrison, Pres & CEO of John Hancock

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 and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Manulife Financial's stock price today?

One share of MFC stock can currently be purchased for approximately C$15.89.

How big of a company is Manulife Financial?

Manulife Financial has a market capitalization of C$30.82 billion and generates C$74.34 billion in revenue each year. Manulife Financial employs 34,000 workers across the globe.

What is Manulife Financial's official website?

The official website for Manulife Financial is www.manulife.com.

How can I contact Manulife Financial?

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

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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