Top-Rated Dividend StocksTop-Rated DividendNYSE:MFC Manulife Financial (MFC) Stock Price, News & Analysis $28.77 -0.10 (-0.35%) (As of 09/20/2024 08:54 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Manulife Financial Stock (NYSE:MFC) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$28.59▼$28.9750-Day Range$24.13▼$28.8852-Week Range$17.07▼$28.97Volume1.62 million shsAverage Volume2.72 million shsMarket Capitalization$51.49 billionP/E Ratio16.73Dividend Yield4.00%Price Target$35.67Consensus RatingBuy Company OverviewManulife 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… Is Starlink Set For The Largest IPO In History? (Ad)He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it again with Tesla… which is up more than 19,500% since 2010. For perspective, that turns $100 invested into almost $20,000!Click here now for the urgent details. Manulife Financial Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 94th PercentileManulife Financial scored higher than 94% of companies evaluated by MarketBeat, and ranked 3rd out of 34 stocks in the financial services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.5 / 5Analyst RatingBuy Consensus RatingManulife Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, 1 hold rating, 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. Earnings and Valuation2.5 / 5Proj. Earnings Growth5.15% Earnings GrowthEarnings for Manulife Financial are expected to grow by 5.15% in the coming year, from $2.72 to $2.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Manulife Financial is 16.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Manulife Financial is 16.73, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 425.89.Price to Earnings Growth RatioManulife Financial has a PEG Ratio of 1.02. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioManulife Financial has a P/B Ratio of 1.67. 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. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted2.03% 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 18.1, which indicates bearish sentiment.Change versus previous monthShort interest in Manulife Financial has recently decreased by 1.55%, indicating that investor sentiment is improving. Dividend5.0 / 5Dividend StrengthStrong Dividend LeadershipManulife Financial is a leading dividend payer. It pays a dividend yield of 4.10%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthManulife Financial has been increasing its dividend for 11 years.Dividend CoverageThe dividend payout ratio of Manulife Financial is 66.86%. 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 40.21% next year. This indicates that Manulife Financial will be able to sustain or increase its dividend.Read more about Manulife Financial's dividend. Sustainability and ESG2.9 / 5Environmental Score-0.39 Percentage of Shares Shorted2.03% 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 18.1, which indicates bearish sentiment.Change versus previous monthShort interest in Manulife Financial has recently decreased by 1.55%, indicating that investor sentiment is improving. News and Social Media2.8 / 5News Sentiment1.07 News SentimentManulife Financial has a news sentiment score of 1.07. 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 higher news sentiment than the 0.50 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Manulife Financial this week, compared to 7 articles on an average week.Search InterestOnly 25 people have searched for MFC on MarketBeat in the last 30 days. This is a decrease of -34% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Manulife Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -31% compared to the previous 30 days. Company Ownership0.8 / 5Insider TradingN/A 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. MFC Stock News HeadlinesDiscovery (OTCMKTS:DCYHF) and Manulife Financial (NYSE:MFC) Head to Head AnalysisSeptember 23 at 1:07 AM | americanbankingnews.comWant a Chance at Getting Rich? Invest in Dividend AristocratsSeptember 21 at 8:00 AM | ca.finance.yahoo.com⭕ [URGENT] Buy Alert just triggeredMy absolute favorite stock just hit a critical "buy now" trigger price.September 23, 2024 | Behind the Markets (Ad)Manulife Financial (NYSE:MFC) Reaches New 52-Week High at $28.56September 20 at 5:05 PM | americanbankingnews.comNew China Life Insurance (OTCMKTS:NWWCF) versus Manulife Financial (NYSE:MFC) Financial AnalysisSeptember 19, 2024 | americanbankingnews.comManulife Financial Corp. stock rises Monday, still underperforms marketSeptember 10, 2024 | marketwatch.comManulife Financial: Dividend Powerhouse With High Growth PotentialSeptember 9, 2024 | seekingalpha.comManulife Financial Corporation (MFC) Presents at 25th Scotiabank Financials Summit Conference (Transcript)September 5, 2024 | seekingalpha.comSee More Headlines MFC Stock Analysis - Frequently Asked Questions How have MFC shares performed this year? Manulife Financial's stock was trading at $22.10 at the beginning of 2024. Since then, MFC stock has increased by 30.2% and is now trading at $28.77. View the best growth stocks for 2024 here. How were Manulife Financial's earnings last quarter? Manulife Financial Co. (NYSE:MFC) released its quarterly earnings results on Wednesday, August, 7th. The financial services provider reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.64 by $0.27. The financial services provider had revenue of $9.41 billion for the quarter, compared to analyst estimates of $8.95 billion. Manulife Financial had a trailing twelve-month return on equity of 16.16% and a net margin of 9.18%. Does Manulife Financial have any subsidiaries? Manulife Financial subsidiaries include Standard Life, John Hancock Financial, Zurich Life, 8 Cross Street PADREF Investments Ltd., Benesure Canada Inc., John Hancock Canadian Corp., John Hancock Group, and more. Who are Manulife Financial's major shareholders? Manulife Financial's top institutional investors include TD Asset Management Inc (1.91%), Mackenzie Financial Corp (1.43%), National Bank of Canada FI (1.38%) and CIBC Asset Management Inc (1.36%). 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. 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 AT&T (T), Bank of America (BAC), Energy Transfer (ET), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Intel (INTC) and Pfizer (PFE). Company Calendar Last Earnings8/07/2024Ex-Dividend for 9/19 Dividend8/21/2024Dividend Payable9/19/2024Today9/23/2024Next Earnings (Estimated)11/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinancial Services Industry Insurance - Life Sub-IndustryInsurance Current SymbolNYSE:MFC CUSIPN/A CIK1086888 Webwww.manulife.com Phone(416) 926-3000Fax416-926-5657Employees38,000Year Founded1887Price Target and Rating Average Stock Price Target$35.67 High Stock Price Target$40.00 Low Stock Price Target$32.00 Potential Upside/Downside+24.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.72 Trailing P/E Ratio16.73 Forward P/E Ratio10.58 P/E Growth1.02Net Income$4.05 billion Net Margins9.18% Pretax Margin11.90% Return on Equity16.16% Return on Assets0.79% Debt Debt-to-Equity Ratio0.14 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$43.17 billion Price / Sales1.19 Cash Flow$3.45 per share Price / Cash Flow8.33 Book Value$17.25 per share Price / Book1.67Miscellaneous Outstanding Shares1,789,707,000Free Float1,788,991,000Market Cap$51.49 billion OptionableOptionable Beta1.08 Social Links Should I Buy Manulife Financial Stock? MFC Pros and Cons Explained 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 Sunday, September 8, 2024. Please send any questions or comments about these Manulife Financial pros and cons to contact@marketbeat.com. Manulife Financial Bull Case Here are some ways that investors could benefit from investing in Manulife Financial Co.: Manulife Financial Co. received a target price of C$39.00 from Barclays analysts, indicating a potential upside of 4.70% from the current price. This suggests a positive outlook on the stock's future performance. Recent insider activity shows that company directors have been selling shares at higher prices, indicating confidence in the company's growth prospects and potentially signaling a positive trajectory for the stock. Manulife Financial Co. has a dividend yield of 4.66%, offering investors a steady income stream in addition to potential capital gains from stock price appreciation. The company's current ratio of 29.14 and quick ratio of 2.58 indicate strong liquidity positions, which can provide stability during uncertain market conditions and support future growth initiatives. With a market capitalization of C$66.31 billion, Manulife Financial Co. is a well-established player in the financial services industry, providing investors with exposure to a reputable and stable company. Manulife Financial Bear Case Investors should be bearish about investing in Manulife Financial Co. for these reasons: Manulife Financial Co.'s debt-to-equity ratio of 48.44 may raise concerns about the company's leverage levels and ability to manage debt effectively, potentially impacting its financial stability and future growth prospects. 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