Manulife Financial/MFC

$25.75

0.47%
-
1D1W1MYTD1YMAX

About Manulife Financial

Manulife Financial Corporation is a Canada-based international financial services company. The Company operates as Manulife across its offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. It provides financial advice, insurance, and wealth and asset management solutions for individuals, institutions, and retirement plan members worldwide. Its segments include Asia, Canada, Global WAM, and Corporate and Other. The Asia segment provides insurance products and insurance-based wealth accumulation products. The Canada segment provides insurance products, insurance-based wealth accumulation products, and banking services and has an in-force variable annuity business. Global WAM segment provides investment advice and solutions to its retail, retirement, and institutional clients. It provides life insurance products, insurance-based wealth accumulation products and has an in-force long-term care insurance business.

Ticker

MFC

Sector

Financials

Trading on

NYSE

Industry

Insurance (Life)

CEO

Roy Gori

Employees

38,000

Headquarters

Toronto, Canada

MFC Metrics

BasicAdvanced
$64B
Market cap
15.34
P/E ratio
$2.33
EPS
1.10
Beta
$1.50
Dividend rate
4.47%
Dividend yield
$64B
1.09713
$36.61
$23.69
6.7M
$1.50
27.652
27.652
63.89%
4.72%
0.58%
10.32%
15.34
1.912
1.538
1.686
3.383
4.86%
4.18%
4.47%
29.16%
800.58%
-23.34%
-3.8%
9.24%

What the Analysts think about MFC

Analyst Ratings

Majority rating from 15 analysts.
Buy

Price Targets

Average projection from 14 analysts.
4.27% upside
High $31.41
Low $16.57
$25.75
Current price
$26.85
Average price target

MFC Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
10.76% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$8.5B
-4.5%
Net income
$917M
-47.96%
Profit margin
10.76%
-45.52%

MFC Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 3.07%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.83
$0.92
$0.92
$0.94
-
Expected
$0.78
$0.82
$0.85
$0.91
$0.89
Surprise
6.19%
11.58%
8.12%
3.07%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Manulife Financial stock?

Manulife Financial (MFC) has a market cap of $64B as of May 30, 2024.

What is the P/E ratio for Manulife Financial stock?

The price to earnings (P/E) ratio for Manulife Financial (MFC) stock is 15.34 as of May 30, 2024.

Does Manulife Financial stock pay dividends?

Yes, the Manulife Financial (MFC) stock pays dividends to shareholders. As of May 30, 2024, the dividend rate is $1.495 and the yield is 4.47%. Manulife Financial has a payout ratio of 63.89% on a trailing twelve-month basis.

When is the next Manulife Financial dividend payment date?

The next Manulife Financial (MFC) dividend payment is scheduled for June 19, 2024.

What is the beta indicator for Manulife Financial?

Manulife Financial (MFC) has a beta rating of 1.1. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Manulife Financial stock price target?

The target price for Manulife Financial (MFC) stock is $26.85, which is 4.27% above the current price of $25.75. This is an average based on projections from 14 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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