TSE:MFC - Manulife Financial Stock Price, Forecast & News

Manulife Financial's stock was trading at C$19.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MFC shares have decreased by 15.5% and is now trading at C$16.41. View which stocks have been mosted impacted by Coronavirus.

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

Manulife Financial is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Manulife Financial.

Manulife Financial Co. (TSE:MFC) posted its quarterly earnings data on Wednesday, February, 12th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.74 by $0.01. The financial services provider had revenue of $11.17 billion for the quarter. View Manulife Financial's earnings history.

Manulife Financial announced a quarterly dividend on Wednesday, February 12th. Stockholders of record on Tuesday, February 25th will be paid a dividend of 0.28 per share on Thursday, March 19th. This represents a $1.12 dividend on an annualized basis and a yield of 6.83%. The ex-dividend date of this dividend is Monday, February 24th. This is an increase from Manulife Financial's previous quarterly dividend of $0.25. View Manulife Financial's dividend history.

5 brokers have issued 12 month price targets for Manulife Financial's shares. Their forecasts range from C$21.00 to C$34.00. On average, they expect Manulife Financial's share price to reach C$28.57 in the next twelve months. This suggests a possible upside of 74.1% from the stock's current price. View analysts' price targets for Manulife Financial.

Press coverage about MFC stock has trended very negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Manulife Financial earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutManulife Financial.

Some companies that are related to Manulife Financial include Prudential (PRU), Power Financial (PWF), Great-West Lifeco (GWO), Power Co. of Canada (POW), Standard Life Aberdeen (SLA), Phoenix Group (PHNX), St. James's Place (STJ), Wuestenrot & Wuerttembergische (WUW), Chesnara (CSN), Hansard Global (HSD), Ageas (AGS), Great-West Lifeco (GWLIF), IGM Financial (POFNF), MMI (MPOHY) and Old Mutual (OML).

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), AutoCanada (ACQ), Royal Bank of Canada (RY) and Suncor Energy (SU).

Manulife Financial trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MFC."

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.

One share of MFC stock can currently be purchased for approximately C$16.41.

Manulife Financial has a market capitalization of C$31.87 billion and generates C$77.82 billion in revenue each year. Manulife Financial employs 34,000 workers across the globe. View additional information about Manulife Financial.

The official website for Manulife Financial is http://www.manulife.com/.

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.