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Manulife Financial Corp (TSE:MFC)
TSX:MFC
Manulife Financial (MFC) Stock Price & Analysis
1,196 Followers
MFC Stock Chart & Stats
Day’s RangeC$31.43 - C$31.87
52-Week Range― - ―
Previous CloseC$31.44
Volume4.20M
Average Volume (3M)N/A
Market Cap
C$57.06B
Enterprise ValueC$71.22B
Total Cash (Recent Filing)C$0.00
Total Debt (Recent Filing)C$12.74B
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
May 08, 2024EPS Estimate
C$0.91Last Dividend Ex-Date
Feb 27, 2024Dividend Yield4.87%
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,806,118,020
10 Day Avg. Volume3,422,586
30 Day Avg. Volume5,462,532
Standard Deviation0.07
R-Squared0.52
Alpha0.00633
Financial Highlights & Ratios
Price to Book (P/B)1.87
Price to Sales (P/S)0.61
Price to Cash Flow (P/CF)2.30
P/FCF Ratio0.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$36.58Price Target Upside15.79% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Manulife Financial News
PremiumCompany Announcements
Manulife Announces Major Reinsurance Deal
PremiumCompany Announcements
Manulife Advances Transformation with Major Reinsurance Deal
Bulls Say, Bears Say
Bulls Say
Capital ManagementEffective capital management strategies are anticipated to enhance shareholder returns, including planned share repurchases aimed at improving earnings per share and return on equity.
Earnings GrowthAnalyst expects continued VNB growth momentum, driven by robust growth in Asia, particularly in the Hong Kong MCV segment, which is projected to significantly lift earnings.
Financial HealthA dividend increase and strong buyback support signal the company's confidence in its financial stability and health, making it an attractive choice for investors.
Bears Say
Analyst RatingDowngrading MFC to BUY from AL BUY on Relative
Company GuidanceWeaker GEO Guidance for 2024; LT Outlook Lowered
Financial PerformanceQ4/23 CF Falls Modestly Shy
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Options Prices
Currently, No data available
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Ownership Overview
0.16% Insiders
5.70% Mutual Funds
7.69% Other Institutional Investors
86.46% Public Companies and Individual Investors
MFC FAQ
What was Manulife Financial Corp’s price range in the past 12 months?
Currently, no data Available
What is Manulife Financial Corp’s market cap?
Currently, no data Available
When is Manulife Financial Corp’s upcoming earnings report date?
Manulife Financial Corp’s upcoming earnings report date is May 08, 2024 which is in 18 days.
How were Manulife Financial Corp’s earnings last quarter?
Manulife Financial Corp released its earnings results on Feb 14, 2024. The company reported C$0.92 earnings per share for the quarter, beating the consensus estimate of C$0.851 by C$0.069.
Is Manulife Financial Corp overvalued?
According to Wall Street analysts Manulife Financial Corp’s price is currently Undervalued.
Does Manulife Financial Corp pay dividends?
Manulife Financial Corp pays a Quarterly dividend of C$0.4 which represents an annual dividend yield of 4.87%. See more information on Manulife Financial Corp dividends here
What is Manulife Financial Corp’s EPS estimate?
Manulife Financial Corp’s EPS estimate is C$0.91.
How many shares outstanding does Manulife Financial Corp have?
Currently, no data Available
What happened to Manulife Financial Corp’s price movement after its last earnings report?
Manulife Financial Corp reported an EPS of C$0.92 in its last earnings report, beating expectations of C$0.851. Following the earnings report the stock price went up 8.737%.
Which hedge fund is a major shareholder of Manulife Financial Corp?
Among the largest hedge funds holding Manulife Financial Corp’s share is Heathbridge Capital Management Ltd.. It holds Manulife Financial Corp’s shares valued at 16M.
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Manulife Financial Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
C$36.58 (15.79% Upside)
C$36.58 (15.79% Upside)
Blogger Sentiment
Bullish
TSE:MFC Sentiment 89%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 9.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 2.8%
Last 30 Days ▼ 2.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
25.04%
12-Months-Change
Fundamentals
Return on Equity
9.80%
Trailing 12-Months
Asset Growth
6.82%
Trailing 12-Months
Company Description
Manulife Financial Corp
Canada-based Manulife Financial Corp. is a financial services company, which provides financial advice, insurance and wealth and asset management products and services in Asia, Canada, the United States, and other international markets.
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MFC Company Deck
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MFC Earnings Call
Q4 2024
0:00 / 0:00
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MFC Stock 12 Months Forecast
Average Price Target
C$36.58
▲(15.79% Upside)
Technical Analysis
Manulife Financial
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CNO Financial
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Prudential
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Lincoln National
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American Equity Investment Life
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Best Analysts Covering MFC
1 Year
1 Year Success Rate
12/15 ratings generated profit
1 Year Average Return
+24.68%
reiterated a buy rating 2 months ago
Copying Mario Mendonca's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +24.68% per trade.
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