Analysts Offer Predictions for TSE:MFC FY2026 Earnings

Manulife Financial Co. (TSE:MFC - Free Report) NYSE: MFC - Investment analysts at Cormark issued their FY2026 earnings per share estimates for shares of Manulife Financial in a research report issued to clients and investors on Tuesday, February 4th. Cormark analyst L. Persaud anticipates that the financial services provider will post earnings per share of $4.47 for the year. The consensus estimate for Manulife Financial's current full-year earnings is $3.61 per share.

A number of other equities research analysts have also commented on MFC. TD Securities raised their price objective on shares of Manulife Financial from C$45.00 to C$48.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. Jefferies Financial Group boosted their price target on Manulife Financial from C$50.00 to C$51.00 in a report on Thursday, January 30th. National Bankshares increased their price objective on Manulife Financial from C$45.00 to C$47.00 in a report on Thursday, November 7th. Barclays boosted their target price on Manulife Financial from C$40.00 to C$47.00 in a research note on Monday, January 6th. Finally, Scotiabank lifted their price objective on shares of Manulife Financial from C$48.00 to C$49.00 in a report on Friday, November 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$44.55.

Manulife Financial Stock Up 0.3 %

MFC stock traded up C$0.15 during mid-day trading on Wednesday, hitting C$43.06. 11,225,383 shares of the company were exchanged, compared to its average volume of 4,682,402. The firm has a market cap of C$76.22 billion, a P/E ratio of 18.32, a P/E/G ratio of 1.01 and a beta of 1.06. Manulife Financial has a 1-year low of C$29.82 and a 1-year high of C$46.42. The company has a debt-to-equity ratio of 49.60, a quick ratio of 2.58 and a current ratio of 36.68. The firm's 50 day simple moving average is C$43.98 and its 200 day simple moving average is C$41.05.

Manulife Financial (TSE:MFC - Get Free Report) NYSE: MFC last released its quarterly earnings results on Wednesday, November 6th. The financial services provider reported C$1.00 EPS for the quarter, topping analysts' consensus estimates of C$0.95 by C$0.05. Manulife Financial had a return on equity of 10.41% and a net margin of 17.34%. During the same quarter last year, the company earned $0.92 EPS.

Manulife Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Wednesday, November 20th were given a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.72%. Manulife Financial's payout ratio is 68.09%.

Insider Buying and Selling

In other news, Director Brooks Tingle sold 3,866 shares of the business's stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of C$46.07, for a total value of C$178,102.75. Also, Senior Officer James D. Gallagher sold 57,064 shares of Manulife Financial stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of C$44.80, for a total transaction of C$2,556,638.39. In the last three months, insiders have sold 77,771 shares of company stock valued at $3,508,584. 0.03% of the stock is owned by insiders.

Manulife Financial Company Profile

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.