TSE:MFC Manulife Financial - MFC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Manulife Financial Co. Please log in to your account or sign up in order to add this asset to your watchlist. C$24.34 -0.03 (-0.12%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's RangeC$24.03▼C$24.4050-Day RangeC$24.06▼C$27.3852-Week RangeC$20.81▼C$27.50Volume5.06 million shsAverage Volume9.24 million shsMarket CapitalizationC$45.27 billionP/E Ratio6.61Dividend Yield6.00%Price TargetC$27.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media Manulife Financial MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside13.0% UpsideC$27.50 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.27Based on 5 Articles This WeekInsider TradingAcquiring SharesC$1.33 M Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 2.2 Analyst's Opinion Consensus RatingManulife Financial has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$27.50, Manulife Financial has a forecasted upside of 13.0% from its current price of C$24.34.Amount of Analyst CoverageManulife Financial has only been the subject of 3 research reports in the past 90 days. 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 5.98%, 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 39.67%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MFC. Previous Next 1.8 News and Social Media Coverage News SentimentManulife Financial has a news sentiment score of 0.27. 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 Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Manulife Financial this week, compared to 3 articles on an average week.Search InterestOnly 35 people have searched for MFC on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Manulife Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Manulife Financial insiders have bought 34.46% more of their company's stock than they have sold. Specifically, they have bought C$1,332,005.00 in company stock and sold C$990,608.00 in company stock.Percentage Held by InsidersOnly 0.02% of the stock of Manulife Financial is held by insiders.Percentage Held by Institutions52.71% of the stock of Manulife Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Manulife Financial is 6.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.60.Price to Earnings Ratio vs. SectorThe P/E ratio of Manulife Financial is 6.61, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 130.74.Price to Earnings Growth RatioManulife Financial has a PEG Ratio of 1.09. 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 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Manulife Financial (TSE:MFC) StockManulife 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.Read More 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 MFC Stock News HeadlinesMarch 24, 2023 | americanbankingnews.comInsider Selling: Manulife Financial Co. (TSE:MFC) Director Sells 36,995 Shares of StockMarch 24, 2023 | americanbankingnews.comInsider Buying: Manulife Financial Co. (TSE:MFC) Director Purchases 50,000 Shares of StockMarch 25, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS 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!March 20, 2023 | nasdaq.comFirst Week of May 19th Options Trading For Manulife Financial (MFC)March 13, 2023 | marketwatch.comManulife Financial Corp. stock falls Monday, underperforms marketMarch 7, 2023 | finance.yahoo.comManulife Financial Corporation announces results of Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 11March 6, 2023 | msn.comManulife steps up hiring in China to tap big pensions opportunityFebruary 27, 2023 | finance.yahoo.comAround two-thirds of GBA consumers would like to do more to protect themselves from critical illness - Manulife GBA Health Protection SurveyMarch 25, 2023 | Weiss Ratings (Ad)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!February 25, 2023 | finance.yahoo.comNeed To Know: Analysts Are Much More Bullish On Manulife Financial Corporation (TSE:MFC) RevenuesFebruary 23, 2023 | finance.yahoo.comManulife Holdings Berhad Full Year 2022 Earnings: EPS: RM0.089 (vs RM0.42 in FY 2021)February 20, 2023 | finance.yahoo.comManulife Financial Corporation (NYSE:MFC) Q4 2022 Earnings Call TranscriptFebruary 19, 2023 | finance.yahoo.comManulife Financial (TSE:MFC) Has Announced That It Will Be Increasing Its Dividend To CA$0.365February 16, 2023 | theglobeandmail.comManulife profit falls as market volatility hits wealth and asset management unitFebruary 16, 2023 | theglobeandmail.comMortality rates returning to prepandemic levels, says Manulife CEOFebruary 16, 2023 | baystreet.caManulife Financial’s Q4 Net Income Drops 9% To $1.89 BillionFebruary 16, 2023 | finance.yahoo.comCANADA STOCKS-TSX futures inch lower as downbeat earnings dent sentimentFebruary 15, 2023 | theglobeandmail.comManulife net income slips in Q4 but up for 2022 as a wholeFebruary 14, 2023 | finance.yahoo.comManulife US Real Estate Investment Trust Full Year 2022 Earnings: EPS Misses ExpectationsFebruary 14, 2023 | msn.comManulife Financial's Earnings OutlookFebruary 14, 2023 | finance.yahoo.comShould You Buy Manulife Financial (MFC) Ahead of Earnings?February 10, 2023 | finance.yahoo.comShould Value Investors Buy Manulife Financial Corp (MFC) Stock?February 8, 2023 | seekingalpha.comLock In A 6.9% Dividend Yield With Manulife Preferred SharesFebruary 6, 2023 | finance.yahoo.comRithm Capital (RITM) to Post Q4 Earnings: What to ExpectFebruary 6, 2023 | finance.yahoo.comWhat's in the Cards for Lincoln National's (LNC) Q4 Earnings?February 1, 2023 | finance.yahoo.comManulife to Release Fourth Quarter and Year End 2022 Financial ResultsJanuary 31, 2023 | marketwatch.comManulife Financial Corp. stock rises Tuesday, still underperforms marketSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 MFC Company Calendar Ex-Dividend for 3/20 Dividend2/27/2023Dividend Payable3/20/2023Today3/25/2023Next Earnings (Estimated)5/10/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Insurance - Life Sub-IndustryN/A SectorFinance Current SymbolTSE:MFC CUSIPN/A CIKN/A Webwww.manulife.com Phone+1-416-9263427FaxN/AEmployees38,000Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$27.50 High Stock Price ForecastC$32.00 Low Stock Price ForecastC$24.00 Forecasted Upside/Downside+13.0%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.68 Trailing P/E Ratio6.61 Forward P/E Ratio7.86 P/E Growth1.09Net IncomeC$7.03 billion Net Margins47.00% Pretax MarginN/A Return on Equity12.46% Return on Assets0.72% Debt Debt-to-Equity Ratio43.99 Current Ratio4.70 Quick Ratio2.58 Sales & Book Value Annual SalesC$15.28 billion Price / Sales2.96 Cash FlowC$14.36 per share Price / Cash Flow1.70 Book ValueC$28.10 per share Price / Book0.87Miscellaneous Outstanding Shares1,860,000,000Free FloatN/AMarket CapC$45.27 billion OptionableOptionable Beta1.11 Key ExecutivesMr. Rocco Gori (Age 52)Pres, CEO & Director Comp: $7.49MMr. Philip James WitheringtonChief Financial OfficerMr. Scott Sears Hartz C.F.A. (Age 61)CFA, Chief Investment Officer Comp: $3.24MMs. Marianne Harrison (Age 58)Pres & CEO of John Hancock Comp: $3.1MMr. Rahul Madhav JoshiChief Operations OfficerMs. Lynda D. SullivanExec. VP & Chief Accounting OfficerMr. Shamus Edward WeilandChief Information OfficerMs. Adrienne O'Neill C.A.C.F.A., CPA, Head of Investor RelationsMr. James David GallagherGen. CounselMr. Peter F. WilkinsonSr. VP of Regulatory & Public AffairsMore ExecutivesKey CompetitorsGreat-West LifecoTSE:GWOPower Co. of CanadaTSE:POWCanadian Imperial Bank of CommerceTSE:CMSun Life FinancialTSE:SLFIntact FinancialTSE:IFCView All CompetitorsInsidersDonald Richard LindsayBought 50,000 shares on 3/9/2023Total: C$1.33 M ($26.64/share)Marianne HarrisonSold 36,995 sharesTotal: C$990,607.72 ($26.78/share)Simonetta VendittelliSold 3,090 sharesTotal: C$72,867.86 ($23.58/share)Steve FinchSold 13,926 sharesTotal: C$326,340.49 ($23.43/share)Michael James DoughtySold 16,247 sharesTotal: C$394,314.69 ($24.27/share)View All Insider Transactions 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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