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

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

Manulife Financial announced a quarterly dividend on Wednesday, February 12th. Shareholders of record on Tuesday, February 25th will be given 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 4.34%. The ex-dividend date of this dividend is Monday, February 24th. This is a boost from Manulife Financial's previous quarterly dividend of $0.25. View Manulife Financial's Dividend History.

Manulife Financial is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Manulife Financial.

5 equities research analysts have issued twelve-month target prices for Manulife Financial's shares. Their forecasts range from C$24.00 to C$34.00. On average, they anticipate Manulife Financial's stock price to reach C$29.57 in the next twelve months. This suggests a possible upside of 14.7% from the stock's current price. View Analyst Price Targets for Manulife Financial.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Manulife Financial.

News stories about MFC stock have been trending negative on Sunday, according to InfoTrie. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Manulife Financial earned a coverage optimism score of -2.4 on InfoTrie's scale. They also gave media stories 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 near term. View News Stories for Manulife Financial.

Some companies that are related to Manulife Financial include Prudential (PRU), Great-West Lifeco (GWO), Power Financial (PWF), Power Co. of Canada (POW), Standard Life Aberdeen (SLA), St. James's Place (STJ), Phoenix Group (PHNX), 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), AutoCanada (ACQ), Enbridge (ENB), Bank of Nova Scotia (BNS), Royal Bank of Canada (RY) and Suncor Energy (SU).

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$25.79.

Manulife Financial has a market capitalization of C$50.19 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.