Top-Rated Dividend StocksTop-Rated DividendNYSE:MFC Manulife Financial (MFC) Stock Price, News & Analysis → Trump’s “Tax Free” Retirement Strategy (From Gold Safe Exchange) (Ad) Free MFC Stock Alerts $24.47 +0.23 (+0.95%) (As of 05/8/2024 ET) Add Compare Share Share Today's Range$24.12▼$24.5250-Day Range$22.78▼$24.9952-Week Range$17.07▼$25.14Volume2.31 million shsAverage Volume3.21 million shsMarket Capitalization$43.94 billionP/E Ratio12.68Dividend Yield4.86%Price Target$33.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Manulife Financial alerts: Email Address Manulife Financial MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside36.2% Upside$33.33 Price TargetShort InterestHealthy0.57% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.39Upright™ Environmental ScoreNews Sentiment0.56Based on 15 Articles This WeekInsider TradingN/AProj. Earnings Growth8.52%From $2.70 to $2.93 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.90 out of 5 starsFinance Sector20th out of 874 stocksLife Insurance Industry4th out of 21 stocks 3.5 Analyst's Opinion Consensus RatingManulife Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageManulife Financial has only been the subject of 3 research reports in the past 90 days.Read more about Manulife Financial's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.57% of the float of Manulife Financial has been sold short.Short Interest Ratio / Days to CoverManulife Financial has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Manulife Financial has recently increased by 37.50%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipManulife Financial is a leading dividend payer. It pays a dividend yield of 4.96%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthManulife Financial has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Manulife Financial is 61.66%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Manulife Financial will have a dividend payout ratio of 40.61% next year. This indicates that Manulife Financial will be able to sustain or increase its dividend.Read more about Manulife Financial's dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreManulife Financial has received a 23.71% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Life insurance services for groups", "Retail banking services", "Retirement saving services", "Real estate funds", "Life insurance services for individuals", and "Long term disability insurance services for groups" products. See details.Environmental SustainabilityThe Environmental Impact score for Manulife Financial is -0.39. Previous Next 2.0 News and Social Media Coverage News SentimentManulife Financial has a news sentiment score of 0.56. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Manulife Financial this week, compared to 7 articles on an average week.Search InterestOnly 42 people have searched for MFC on MarketBeat in the last 30 days. This is a decrease of -5% compared to the previous 30 days.MarketBeat FollowsOnly 14 people have added Manulife Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -30% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Manulife Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.04% of the stock of Manulife Financial is held by insiders.Percentage Held by Institutions52.56% of the stock of Manulife Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Manulife Financial's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Manulife Financial are expected to grow by 8.52% in the coming year, from $2.70 to $2.93 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Manulife Financial is 12.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.88.Price to Earnings Ratio vs. SectorThe P/E ratio of Manulife Financial is 12.68, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.23.Price to Earnings Growth RatioManulife Financial has a PEG Ratio of 0.89. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioManulife Financial has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsHe Is Giving Away BitcoinAnd my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.>> Register right here About Manulife Financial Stock (NYSE:MFC)Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, 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 offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks. The Insurance and Annuity Products segment provides deposit and credit products; and individual life insurance, individual and group long-term care insurance, and guaranteed and partially guaranteed annuity products through multiple distribution channels, including insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in the property and casualty reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. The company also manages timberland and agricultural portfolios; and engages in insurance agency, investment counseling and dealer, portfolio and mutual fund management, property and casualty insurance, and mutual fund dealer businesses. In addition, it provides integrated banking products and services. The company was incorporated in 1887 and is headquartered in Toronto, Canada.Read More MFC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MFC Stock News HeadlinesMay 9, 2024 | investorplace.comMFC Stock Earnings: Manulife Financial Beats EPS, Misses Revenue for Q1 2024May 8, 2024 | ca.finance.yahoo.comManulife reports first-quarter net income of $866 millionMay 9, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.May 8, 2024 | theglobeandmail.comManulife’s first-quarter profit rises on Asia unit strengthMay 8, 2024 | finance.yahoo.comManulife Financial Edges up After Hours as First-Quarter Core Earnings Rise 16% on Business Growth and High Fee IncomeMay 8, 2024 | prnewswire.comManulife declares preferred share dividendsMay 8, 2024 | prnewswire.comManulife declares common share dividendMay 8, 2024 | prnewswire.comManulife Reports First Quarter 2024 ResultsMay 9, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.May 8, 2024 | finance.yahoo.comManulife Releases 2023 Sustainability Report and Public Accountability StatementMay 7, 2024 | finance.yahoo.comManulife Amends Its Normal Course Issuer Bid To Buy Back Up To An Additional 40-Million SharesMay 7, 2024 | prnewswire.comManulife Amends its Normal Course Issuer Bid to Repurchase for Cancellation up to an Additional 40 Million of its Common SharesMay 6, 2024 | finance.yahoo.comThree Leading Canadian Dividend Stocks With Yields Up To 5.5%May 3, 2024 | finance.yahoo.comThese High-Yield Dividend Stocks Are All The Rage Right Now, But Are They The Newest Yield Traps?May 2, 2024 | msn.comInvest $10,000 in This Dividend Stock for $2,620.16 in Passive IncomeMay 2, 2024 | americanbankingnews.comManulife Financial Co. (NYSE:MFC) Receives Consensus Rating of "Buy" from BrokeragesMay 1, 2024 | investorplace.comShhh! 3 Secret Retirement Stocks Flying Below Wall Street's RadarApril 29, 2024 | americanbankingnews.comManulife Financial Co. Forecasted to Post Q2 2024 Earnings of $0.63 Per Share (NYSE:MFC)April 29, 2024 | americanbankingnews.comManulife Financial Co. (NYSE:MFC) to Post Q1 2024 Earnings of $0.66 Per Share, Cormark ForecastsApril 26, 2024 | msn.comHow Much Cash Do You Need to Stop Working and Live Off Dividends?April 26, 2024 | prnewswire.comManulife Investment Management Announces Forest Climate Fund's Second Close Bringing Total Commitments Up to $334.5 MillionApril 25, 2024 | theglobeandmail.comClosing Bell: Manulife Financial Cl 1 Sh Ser 3 up on Thursday (MFC-PR-F)April 25, 2024 | prnewswire.comManulife Financial Corporation announces Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 15April 24, 2024 | prnewswire.comManulife to Release First Quarter 2024 ResultsApril 10, 2024 | msn.comGreat News for Manulife Stock Investors!April 5, 2024 | theglobeandmail.comClosing Bell: Manulife Financial Corp Pref Series 25 flat on Thursday (MFC-PR-Q)April 3, 2024 | prnewswire.comManulife Investment Management Completes Acquisition of CQSSee 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. Email Address Company Calendar Last Earnings2/14/2024Ex-Dividend for 3/19 Dividend2/27/2024Dividend Payable3/19/2024Today5/08/2024Next Earnings (Confirmed)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Life insurance Sub-IndustryN/A Current SymbolNYSE:MFC CUSIPN/A CIK1086888 Webwww.manulife.com Phone(416) 926-3000Fax416-926-5657Employees40,000Year Founded1887Price Target and Rating Average Stock Price Target$33.33 High Stock Price Target$35.00 Low Stock Price Target$32.00 Potential Upside/Downside+36.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.93 Trailing P/E Ratio12.68 Forward P/E Ratio9.06 P/E Growth0.89Net Income$4.05 billion Net Margins10.42% Pretax Margin13.06% Return on Equity15.98% Return on Assets0.78% Debt Debt-to-Equity Ratio0.14 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$36.10 billion Price / Sales1.22 Cash Flow$3.38 per share Price / Cash Flow7.23 Book Value$17.25 per share Price / Book1.42Miscellaneous Outstanding Shares1,795,720,000Free Float1,794,998,000Market Cap$43.94 billion OptionableOptionable Beta1.08 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Roy Gori (Age 54)President, CEO & Director Comp: $5.13MMr. Colin L. SimpsonChief Financial OfficerMr. Scott Sears Hartz C.F.A. (Age 63)Chief Investment Officer Comp: $2.16MMr. Marc M. CostantiniGlobal Head of Inforce ManagementMr. Paul Raymon LorentzPresident and CEO of Global Wealth & Asset ManagementMr. Philip James WitheringtonPresident & CEO of Manulife AsiaMr. Rahul Madhav JoshiChief Operations OfficerMs. Lynda D. SullivanExecutive VP & Chief Accounting OfficerMr. Shamus Edward WeilandChief Information OfficerMs. Adrienne O'Neill C.A.C.F.A., CPA, Head of Investor RelationsMore ExecutivesKey CompetitorsPrudential FinancialNYSE:PRUMetLifeNYSE:METSun Life FinancialNYSE:SLFPrudentialNYSE:PUKCorebridge FinancialNYSE:CRBGView All CompetitorsInstitutional OwnershipTD Asset Management IncSold 2,467,967 shares on 5/9/2024Ownership: 1.927%Russell Investments Group Ltd.Bought 28,135 shares on 5/8/2024Ownership: 0.091%US Bancorp DESold 40,979 shares on 5/8/2024Ownership: 0.018%Schneider Downs Wealth Management Advisors LPSold 1,740 shares on 5/8/2024Ownership: 0.001%Avantax Advisory Services Inc.Bought 9,750 shares on 5/8/2024Ownership: 0.001%View All Institutional Transactions Should I Buy Manulife Financial Stock? MFC Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Manulife Financial Co.: Manulife Financial Corporation provides a wide range of financial products and services in various regions, offering diversification opportunities for investors. Recent developments in the company's integrated banking products and services indicate potential growth and expansion in its offerings. The company's long history since its incorporation in 1887 showcases stability and experience in the financial industry. Manulife Financial Co. has shown resilience and adaptability in navigating changing market conditions, providing confidence to investors. Current stock price of Manulife Financial Co. reflects positive market sentiment and potential for future growth. Cons Investors should be bearish about investing in Manulife Financial Co. for these reasons: Despite its diverse product offerings, Manulife Financial Co. may face competition from other financial institutions, impacting its market share. Market volatility and economic uncertainties could affect the company's financial performance and stock value. Regulatory changes in the financial industry may pose challenges for Manulife Financial Co. in terms of compliance and operational costs. Global economic conditions and geopolitical factors could impact the company's international operations and revenue streams. Investors should carefully monitor the company's financial reports and market trends to make informed investment decisions. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Manulife Financial pros and cons to contact@marketbeat.com. MFC Stock Analysis - Frequently Asked Questions Should I buy or sell Manulife Financial stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Manulife Financial in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MFC shares. View MFC analyst ratings or view top-rated stocks. What is Manulife Financial's stock price target for 2024? 5 analysts have issued 12 month target prices for Manulife Financial's shares. Their MFC share price targets range from $32.00 to $35.00. On average, they anticipate the company's share price to reach $33.33 in the next year. This suggests a possible upside of 36.2% 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 2024? Manulife Financial's stock was trading at $22.10 at the start of the year. Since then, MFC stock has increased by 10.7% and is now trading at $24.47. View the best growth stocks for 2024 here. Are investors shorting Manulife Financial? Manulife Financial saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 10,340,000 shares, an increase of 37.5% from the March 31st total of 7,520,000 shares. Based on an average daily volume of 3,340,000 shares, the short-interest ratio is presently 3.1 days. Currently, 0.6% of the company's stock are sold short. View Manulife Financial's Short Interest. How can I listen to Manulife Financial's earnings call? Manulife Financial will be holding an earnings conference call on Thursday, May 9th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 905-694-9451 with passcode "6423312#". How were Manulife Financial's earnings last quarter? Manulife Financial Co. (NYSE:MFC) issued its earnings results on Wednesday, February, 14th. The financial services provider reported $0.68 EPS for the quarter, beating analysts' consensus estimates of $0.63 by $0.05. The financial services provider earned $10.96 billion during the quarter, compared to the consensus estimate of $7.57 billion. Manulife Financial had a net margin of 10.42% and a trailing twelve-month return on equity of 15.98%. How often does Manulife Financial pay dividends? What is the dividend yield for Manulife Financial? Manulife Financial declared a quarterly dividend on Wednesday, February 14th. Shareholders of record on Wednesday, February 28th will be given a dividend of $0.298 per share on Tuesday, March 19th. This represents a $1.19 annualized dividend and a dividend yield of 4.87%. The ex-dividend date of this dividend is Tuesday, February 27th. This is a positive change from the stock's previous quarterly dividend of $0.26. Read our dividend analysis for MFC. Is Manulife Financial a good dividend stock? Manulife Financial (NYSE:MFC) pays an annual dividend of $1.19 per share and currently has a dividend yield of 4.96%. MFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 61.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MFC will have a dividend payout ratio of 40.61% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MFC. What ETFs hold Manulife Financial's stock? ETFs with the largest weight of Manulife Financial (NYSE:MFC) stock in their portfolio include Franklin FTSE Canada ETF (FLCA), JPMorgan BetaBuilders Canada ETF (BBCA), iShares MSCI Canada ETF (EWC), iShares International Dividend Growth ETF (IGRO), Virtus WMC International Dividend ETF (VWID), Distillate International Fundamental Stability & Value ETF (DSTX), First Trust S&P International Dividend Aristocrats ETF (FID) and iShares International Select Dividend ETF (IDV). What is Roy Gori's approval rating as Manulife Financial's CEO? 438 employees have rated Manulife Financial Chief Executive Officer Roy Gori on Glassdoor.com. Roy Gori has an approval rating of 94% among the company's employees. This puts Roy Gori in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 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 AT&T (T), Bank of America (BAC), Energy Transfer (ET), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Intel (INTC), Pfizer (PFE), Verizon Communications (VZ), AbbVie (ABBV) and Citigroup (C). Who are Manulife Financial's major shareholders? Manulife Financial's stock is owned by many different institutional and retail investors. Top institutional investors include TD Asset Management Inc (1.93%), Swiss National Bank (0.30%), Sumitomo Mitsui Trust Holdings Inc. (0.30%), Cardinal Capital Management Inc. (0.29%), Russell Investments Group Ltd. (0.09%) and Addenda Capital Inc. (0.08%). How do I buy shares of Manulife Financial? Shares of MFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Manulife Financial have any subsidiaries? The following companies are subsidiares of Manulife Financial: 8 Cross Street PADREF Investments Ltd., Benesure Canada Inc., John Hancock Canadian Corp., John Hancock Financial, John Hancock Group, John Hancock International Holdings Inc., John Hancock Reassurance Company Ltd., John Hancock Wealth Management, Manufacturers Life Capital Corp., Manulife Asset Management, Manulife Bank of Canada, Manulife Finance (Delaware) L.P., Manulife Finance Holdings Limited, Manulife Financial Advisers Pte. Ltd., Manulife Financial Capital Trust, Manulife Financial Corporation Insurance Investments, Manulife Financial Insurance Company, Manulife Securities Incorporated, NAL Resources Limited, Standard Life, TWC Securities Inc., The Manufacturers Life Insurance Company, and Zurich Life.Read More This page (NYSE:MFC) was last updated on 5/9/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsUrgent Nvidia WarningAltimetry348 million Americans lives to END as we know it?The Oxford ClubThe A.I. story nobody is telling you (Read ASAP)TradeSmithGold Set to EXPLODE!Gold Safe Exchange Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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