Manulife Financial Co. (NYSE:MFC - Free Report) TSE: MFC - Investment analysts at National Bank Financial issued their FY2026 earnings per share (EPS) estimates for Manulife Financial in a report issued on Tuesday, January 14th. National Bank Financial analyst G. Dechaine anticipates that the financial services provider will earn $3.22 per share for the year. The consensus estimate for Manulife Financial's current full-year earnings is $2.71 per share.
Manulife Financial (NYSE:MFC - Get Free Report) TSE: MFC last released its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $1.00 earnings per share for the quarter, topping analysts' consensus estimates of $0.70 by $0.30. The firm had revenue of $10.69 billion for the quarter, compared to analyst estimates of $9.73 billion. Manulife Financial had a net margin of 9.79% and a return on equity of 16.11%. During the same quarter in the prior year, the business earned $0.69 earnings per share.
Manulife Financial Trading Up 0.4 %
MFC traded up $0.11 during midday trading on Thursday, hitting $30.81. 845,396 shares of the company were exchanged, compared to its average volume of 1,476,228. The company's 50 day simple moving average is $31.38 and its 200 day simple moving average is $29.04. The firm has a market capitalization of $53.26 billion, a price-to-earnings ratio of 14.88, a price-to-earnings-growth ratio of 1.01 and a beta of 1.09. Manulife Financial has a 1-year low of $20.78 and a 1-year high of $33.07.
Manulife Financial Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Wednesday, November 20th were issued a dividend of $0.296 per share. This represents a $1.18 annualized dividend and a yield of 3.84%. This is a positive change from Manulife Financial's previous quarterly dividend of $0.29. The ex-dividend date was Wednesday, November 20th. Manulife Financial's dividend payout ratio (DPR) is 59.42%.
Institutional Investors Weigh In On Manulife Financial
Hedge funds and other institutional investors have recently made changes to their positions in the company. Oppenheimer & Co. Inc. boosted its holdings in Manulife Financial by 130.6% during the second quarter. Oppenheimer & Co. Inc. now owns 54,049 shares of the financial services provider's stock worth $1,439,000 after buying an additional 30,614 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in shares of Manulife Financial by 5.5% in the second quarter. Mercer Global Advisors Inc. ADV now owns 30,456 shares of the financial services provider's stock worth $811,000 after acquiring an additional 1,589 shares during the period. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Manulife Financial by 23.0% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 69,901 shares of the financial services provider's stock worth $1,858,000 after acquiring an additional 13,069 shares in the last quarter. Blair William & Co. IL increased its stake in shares of Manulife Financial by 14.3% in the 2nd quarter. Blair William & Co. IL now owns 25,271 shares of the financial services provider's stock valued at $673,000 after purchasing an additional 3,171 shares in the last quarter. Finally, WCG Wealth Advisors LLC increased its stake in shares of Manulife Financial by 51.9% in the 2nd quarter. WCG Wealth Advisors LLC now owns 27,561 shares of the financial services provider's stock valued at $734,000 after purchasing an additional 9,414 shares in the last quarter. Institutional investors and hedge funds own 52.56% of the company's stock.
About Manulife Financial
(
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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.
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