TSE:MFC Manulife Financial (MFC) Stock Price, News & Analysis C$36.73 -0.52 (-1.40%) (As of 09/6/2024 ET) Add Compare Share Share Today's RangeC$36.57▼C$37.5550-Day RangeC$33.19▼C$37.3252-Week RangeC$23.69▼C$37.58Volume8.06 million shsAverage Volume6.72 million shsMarket CapitalizationC$65.38 billionP/E Ratio15.63Dividend Yield4.36%Price TargetC$39.18 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Manulife Financial alerts: Email Address Manulife Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside6.7% UpsideC$39.18 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.35Based on 9 Articles This WeekInsider TradingSelling SharesC$2.46 M Sold Last QuarterProj. Earnings GrowthN/ASee 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.1.07 out of 5 stars 1.3 Analyst's Opinion Consensus RatingManulife Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 7 buy ratings, 3 hold ratings, and 1 sell rating.Amount of Analyst CoverageManulife Financial has only been the subject of 4 research reports in the past 90 days.Read more about Manulife Financial's stock forecast and price target. 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 4.35%, 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 68.09%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Manulife Financial's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MFC. Previous Next 3.0 News and Social Media Coverage News SentimentManulife Financial has a news sentiment score of 0.35. 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 0.51 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Manulife Financial this week, compared to 3 articles on an average week.Search Interest37 people have searched for MFC on MarketBeat in the last 30 days. This is an increase of 23% compared to the previous 30 days.MarketBeat Follows7 people have added Manulife Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Manulife Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$2,455,596.00 in company stock.Percentage Held by InsidersOnly 0.03% of the stock of Manulife Financial is held by insiders.Percentage Held by Institutions59.63% 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 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Manulife Financial is 15.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Manulife Financial is 15.63, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 414.36.Price to Earnings Growth RatioManulife Financial has a PEG Ratio of 12.56. 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 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Manulife Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Golden CrestBiden's Successor: The Radical Threat to YOUR Savings!Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.>> Get Your FREE Wealth Protection Guide << About Manulife Financial Stock (TSE: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 HeadlinesSeptember 6 at 9:12 AM | insidertrades.comInsider Selling: Manulife Financial Co. (TSE:MFC) Director Sells 2,166 Shares of StockAugust 17, 2024 | insidertrades.comManulife Financial Co. (TSE:MFC) Senior Officer Sells C$414,439.23 in StockSeptember 7, 2024 | Paradigm Press (Ad)Ex-CIA Advisor: “This is How Kamala will Rig the Election”A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…August 17, 2024 | insidertrades.comManulife Financial Co. (TSE:MFC) Director Sells C$1,727,395.86 in StockAugust 15, 2024 | insidertrades.comManulife Financial Co. (TSE:MFC) Director Sells C$232,566.36 in StockSeptember 7 at 6:48 AM | americanbankingnews.comTin Ku Sells 2,166 Shares of Manulife Financial Co. (TSE:MFC) StockSeptember 7 at 1:51 AM | americanbankingnews.comManulife Financial (TSE:MFC) Given a C$39.00 Price Target by Barclays AnalystsSeptember 4 at 3:56 AM | americanbankingnews.comManulife Financial (TSE:MFC) Stock Price Crosses Above Two Hundred Day Moving Average of $34.50September 7, 2024 | Paradigm Press (Ad)Ex-CIA Advisor: “This is How Kamala will Rig the Election”A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…August 26, 2024 | forbes.comManulife One Mortgage Review August 2024August 12, 2024 | finance.yahoo.comManulife Financial Second Quarter 2024 Earnings: EPS: CA$0.50 (vs CA$0.44 in 2Q 2023)August 8, 2024 | msn.comInsurer Manulife's second-quarter profit rises on strong Asia growthAugust 6, 2024 | theglobeandmail.comClosing Bell: Manulife Financial Class 1 Ser 11 flat on Friday (MFC-PR-J)August 3, 2024 | theglobeandmail.comClosing Bell: Manulife Financial Cl A Pref Ser 2 up on Thursday (MFC-PR-B)July 30, 2024 | finance.yahoo.comWith 55% ownership of the shares, Manulife Financial Corporation (TSE:MFC) is heavily dominated by institutional ownersJuly 23, 2024 | nz.finance.yahoo.comManulife Financial Corp (MNQFF)July 19, 2024 | markets.businessinsider.comJefferies Reaffirms Their Buy Rating on Manulife Financial (MFC)July 19, 2024 | marketwatch.comManulife Financial Corp. stock falls Friday, underperforms marketSee 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 Ex-Dividend for 6/19 Dividend5/21/2024Dividend Payable6/19/2024Last Earnings8/07/2024Ex-Dividend for 9/19 Dividend8/21/2024Today9/07/2024Dividend Payable9/19/2024Next Earnings (Estimated)11/13/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Insurance - Life Sub-IndustryInsurance Current SymbolTSE:MFC CUSIPN/A CIKN/A Webwww.manulife.com Phone+1-416-9263427FaxN/AEmployees40,000Year FoundedN/APrice Target and Rating Average Stock Price TargetC$39.18 High Stock Price TargetC$43.00 Low Stock Price TargetC$36.00 Potential Upside/Downside+6.7%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.35 Trailing P/E Ratio15.63 Forward P/E Ratio9.96 P/E Growth12.56Net IncomeC$4.24 billion Net Margins17.34% Pretax MarginN/A Return on Equity10.41% Return on Assets0.55% Debt Debt-to-Equity Ratio49.60 Current Ratio36.68 Quick Ratio2.58 Sales & Book Value Annual SalesC$28.48 billion Price / Sales2.30 Cash FlowC$21.67 per share Price / Cash Flow1.70 Book ValueC$26.24 per share Price / Book1.40Miscellaneous Outstanding Shares1,780,000,000Free FloatN/AMarket CapC$65.38 billion OptionableNot Optionable Beta1.06 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: $7.01MMr. Colin L. SimpsonChief Financial OfficerMr. Scott Sears Hartz C.F.A. (Age 63)Chief Investment Officer Comp: $2.95MMr. 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 CompetitorsLoblaw CompaniesTSE:LSun Life FinancialTSE:SLFGreat-West LifecoTSE:GWOPerseus MiningTSE:PRUChampion IronTSE:CIAView All CompetitorsInsidersTin KuSold 2,166 sharesTotal: C$81,116.70 ($37.45/share)Anthony Alex SilvaSold 3 sharesTotal: C$78.15 ($26.05/share)Rocco GoriSold 48,345 sharesTotal: C$1.73 M ($35.73/share)Steve FinchSold 11,599 sharesTotal: C$414,439.23 ($35.73/share)Matthew Lyman MacinnisSold 6,708 sharesTotal: C$232,566.36 ($34.67/share)View All Insider 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 has a strong quick ratio of 2.58, indicating its ability to meet short-term obligations efficiently. The company boasts an impressive current ratio of 29.14, showcasing its robust liquidity position to cover current liabilities. Manulife Financial's dividend yield of 4.47% provides investors with a steady income stream relative to the stock price. Insider selling activity could be seen as a positive sign, indicating confidence in the company's performance and future prospects. Analyst ratings and target prices suggest a positive outlook on the stock, with several firms issuing buy and outperform ratings. Cons Investors should be bearish about investing in Manulife Financial Co. for these reasons: The debt-to-equity ratio of 49.60 may raise concerns about the company's level of leverage and financial risk. 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 Thursday, August 22, 2024. Please send any questions or comments about these Manulife Financial pros and cons to contact@marketbeat.com. MFC Stock Analysis - Frequently Asked Questions How have MFC shares performed this year? Manulife Financial's stock was trading at C$29.28 at the start of the year. Since then, MFC stock has increased by 25.4% and is now trading at C$36.73. View the best growth stocks for 2024 here. How were Manulife Financial's earnings last quarter? Manulife Financial Co. (TSE:MFC) released its quarterly earnings data on Wednesday, August, 7th. The financial services provider reported $0.91 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03. The financial services provider earned $12.88 billion during the quarter, compared to analysts' expectations of $12.27 billion. Manulife Financial had a trailing twelve-month return on equity of 10.41% and a net margin of 17.34%. 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 other stocks do shareholders of Manulife Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that Manulife Financial investors own include Intact Financial (IFC), Constellation Software (CSU), Enbridge (ENB), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), BCE (BCE) and Royal Bank of Canada (RY). 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