S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
"Prepare for Five Years of Famine" (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Jet pitched wildly, killing 1, amid cockpit warnings: NTSB
"Prepare for Five Years of Famine" (Ad)
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
"Prepare for Five Years of Famine" (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
"Prepare for Five Years of Famine" (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Jet pitched wildly, killing 1, amid cockpit warnings: NTSB
"Prepare for Five Years of Famine" (Ad)
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
"Prepare for Five Years of Famine" (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
"Prepare for Five Years of Famine" (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Jet pitched wildly, killing 1, amid cockpit warnings: NTSB
"Prepare for Five Years of Famine" (Ad)
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
"Prepare for Five Years of Famine" (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
"Prepare for Five Years of Famine" (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Jet pitched wildly, killing 1, amid cockpit warnings: NTSB
"Prepare for Five Years of Famine" (Ad)
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
"Prepare for Five Years of Famine" (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
TSE:MFC

Manulife Financial - MFC Stock Forecast, Price & News

C$24.34
-0.03 (-0.12%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
C$24.03
C$24.40
50-Day Range
C$24.06
C$27.38
52-Week Range
C$20.81
C$27.50
Volume
5.06 million shs
Average Volume
9.24 million shs
Market Capitalization
C$45.27 billion
P/E Ratio
6.61
Dividend Yield
6.00%
Price Target
C$27.50

Manulife Financial MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
13.0% Upside
C$27.50 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.27mentions of Manulife Financial in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
C$1.33 M Bought Last Quarter
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.

2.15 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 provides mutual funds and exchange-traded funds, group retirement and savings products, and institutional asset management services through agents and brokers affiliated with the company, securities brokerage firms, and financial advisors pension plan consultants and banks. The Insurance and Annuity Products segment offers deposit and credit products; 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. The Corporate and Other segment is involved in property and casualty insurance and reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. It also manages timberland and agricultural portfolios; and engages in insurance agency, portfolio and mutual fund management, mutual fund dealer, life, annuity, long-term care, and financial reinsurance; and fund management businesses. Additionally, the company holds and manages provides investment management, counseling, advisory, and dealer services. Manulife Financial Corporation was incorporated in 1887 and is headquartered in Toronto, Canada.

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.

MFC Stock News Headlines

[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Manulife net income slips in Q4 but up for 2022 as a whole
Manulife Financial's Earnings Outlook
Should You Buy Manulife Financial (MFC) Ahead of Earnings?
Rithm Capital (RITM) to Post Q4 Earnings: What to Expect
See 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.

MFC Company Calendar

Ex-Dividend for 3/20 Dividend
2/27/2023
Dividend Payable
3/20/2023
Today
3/25/2023
Next Earnings (Estimated)
5/10/2023

Industry, Sector and Symbol

Industry
Insurance - Life
Sub-Industry
N/A
Sector
Finance
CIK
N/A
Fax
N/A
Employees
38,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$27.50
High Stock Price Forecast
C$32.00
Low Stock Price Forecast
C$24.00
Forecasted Upside/Downside
+13.0%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
10 Analysts

Profitability

Net Income
C$7.03 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$15.28 billion
Cash Flow
C$14.36 per share
Book Value
C$28.10 per share

Miscellaneous

Outstanding Shares
1,860,000,000
Free Float
N/A
Market Cap
C$45.27 billion
Optionable
Optionable
Beta
1.11

Key Executives

  • Mr. Rocco Gori (Age 52)
    Pres, CEO & Director
    Comp: $7.49M
  • Mr. Philip James Witherington
    Chief Financial Officer
  • Mr. Scott Sears Hartz C.F.A. (Age 61)
    CFA, Chief Investment Officer
    Comp: $3.24M
  • Ms. Marianne HarrisonMs. Marianne Harrison (Age 58)
    Pres & CEO of John Hancock
    Comp: $3.1M
  • 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
  • Mr. Peter F. Wilkinson
    Sr. VP of Regulatory & Public Affairs













MFC Stock - Frequently Asked Questions

Should I buy or sell Manulife Financial stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last twelve months. There are currently 7 hold ratings, 2 buy 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?

10 Wall Street analysts have issued 1-year price objectives for Manulife Financial's stock. Their MFC share price forecasts range from C$24.00 to C$32.00. On average, they anticipate the company's share price to reach C$27.50 in the next twelve months. This suggests a possible upside of 13.0% 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 0.8% and is now trading at C$24.34.
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, May 10th 2023.
View our MFC earnings forecast
.

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

Manulife Financial declared a quarterly dividend on Wednesday, February 15th. Investors of record on Tuesday, February 28th will be given a dividend of 0.365 per share on Monday, March 20th. This represents a $1.46 dividend on an annualized basis and a yield of 6.00%. The ex-dividend date is Monday, February 27th. This is a positive change from the stock's previous quarterly dividend of C$0.33.
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 5.98%. MFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 39.67%. 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$24.34.

How much money does Manulife Financial make?

Manulife Financial (TSE:MFC) has a market capitalization of C$45.27 billion and generates C$15.28 billion in revenue each year. The financial services provider earns C$7.03 billion in net income (profit) each year or C$3.68 on an earnings per share basis.

How many employees does Manulife Financial have?

The company employs 38,000 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 3/25/2023 by MarketBeat.com Staff