Top-Rated Dividend StocksTop-Rated DividendNYSE:MFC Manulife Financial (MFC) Stock Price, News & Analysis $32.13 +0.24 (+0.75%) (As of 11/29/2024 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 Get Manulife Financial alerts:Sign Up Key Stats Today's Range$31.88▼$32.1750-Day Range$28.84▼$32.8752-Week Range$19.23▼$33.07Volume790,252 shsAverage Volume2.20 million shsMarket Capitalization$56.29 billionP/E Ratio15.52Dividend Yield3.67%Price Target$37.50Consensus 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… Media Is Mocking Elon, But Wait Until They See This Demo (Ad)Elon Musk believes his new AI product will be worth an incredible $9 trillion. But the mainstream media is not buying it.Click here to watch this demo and decide for yourself. Manulife Financial Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks93rd Percentile Overall ScoreMFC MarketRank™: Manulife Financial scored higher than 93% of companies evaluated by MarketBeat, and ranked 100th out of 950 stocks in the finance 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 1 research reports in the past 90 days.Read more about Manulife Financial's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth9.19% Earnings GrowthEarnings for Manulife Financial are expected to grow by 9.19% in the coming year, from $2.72 to $2.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Manulife Financial is 15.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Manulife Financial is 15.52, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 29.78.Price to Earnings Growth RatioManulife Financial has a PEG Ratio of 1.18. 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 1.71. 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 Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted1.57% 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 15.2, which indicates bearish sentiment.Change versus previous monthShort interest in Manulife Financial has recently increased by 69.98%, indicating that investor sentiment is decreasing significantly. Dividend5.0 / 5Dividend StrengthStrong Dividend LeadershipManulife Financial is a leading dividend payer. It pays a dividend yield of 3.68%, 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 57.00%. 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 39.73% 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 Shorted1.57% 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 15.2, which indicates bearish sentiment.Change versus previous monthShort interest in Manulife Financial has recently increased by 69.98%, indicating that investor sentiment is decreasing significantly. News and Social Media3.4 / 5News Sentiment1.19 News SentimentManulife Financial has a news sentiment score of 1.19. 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 0.80 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Manulife Financial this week, compared to 8 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 -7% compared to the previous 30 days.MarketBeat Follows10 people have added Manulife Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 25% 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. 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 MFC Stock News HeadlinesNews Flash: Analysts Just Made A Sizeable Upgrade To Their Manulife Financial Corporation (TSE:MFC) ForecastsNovember 29 at 3:21 AM | finance.yahoo.comManulife Financial Declares Third Quarter DividendNovember 28 at 4:13 AM | tipranks.comYour bank is lying to you.You might think you have your money in a high-yield savings account, but do you really? The national average APY on savings is just 0.58%, but you can get up to 5.0% APY online with these accounts.December 1, 2024 | MyBankTracker (Ad)Is Manulife Stock a Buy for its 3.5% Dividend Yield?November 26, 2024 | ca.finance.yahoo.comManulife Financial Co. (NYSE:MFC) Receives $37.50 Average PT from AnalystsNovember 23, 2024 | americanbankingnews.comManulife Investment Management Announces November 2024 Cash Distributions for Manulife Exchange Traded Funds and Manulife ETF SeriesNovember 22, 2024 | theglobeandmail.comManulife Financial price target raised to C$40 from C$39 at BarclaysNovember 22, 2024 | markets.businessinsider.comManulife Financial (MFC) Receives a Hold from BarclaysNovember 22, 2024 | markets.businessinsider.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 on January 1st, 2024. Since then, MFC stock has increased by 45.4% and is now trading at $32.13. View the best growth stocks for 2024 here. How were Manulife Financial's earnings last quarter? Manulife Financial Co. (NYSE:MFC) announced its quarterly earnings results on Wednesday, November, 6th. The financial services provider reported $1.00 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.70 by $0.30. The financial services provider earned $10.69 billion during the quarter, compared to analysts' expectations of $9.73 billion. Manulife Financial had a trailing twelve-month return on equity of 16.11% and a net margin of 9.79%. Does Manulife Financial have any subsidiaries? The following companies are subsidiaries of Manulife Financial: Standard Life, John Hancock Financial, Zurich Life, 8 Cross Street PADREF Investments Ltd., Benesure Canada Inc., John Hancock Canadian Corp., John Hancock Group, and others. Who are Manulife Financial's major shareholders? Top institutional investors of Manulife Financial include National Bank of Canada FI (1.60%), CIBC Asset Management Inc (1.26%), Toronto Dominion Bank (1.25%) and Connor Clark & Lunn Investment Management Ltd. (0.63%). 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 NVIDIA (NVDA), AbbVie (ABBV), Verizon Communications (VZ), Meta Platforms (META), Broadcom (AVGO), JPMorgan Chase & Co. (JPM) and Arista Networks (ANET). Company Calendar Ex-Dividend for 9/19 Dividend8/21/2024Dividend Payable9/19/2024Last Earnings11/06/2024Ex-Dividend for 12/19 Dividend11/20/2024Today12/01/2024Dividend Payable12/19/2024Fiscal Year End12/31/2024Next Earnings (Estimated)2/12/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Life insurance Sub-IndustryInsurance Current SymbolNYSE:MFC CUSIPN/A CIK1086888 Webwww.manulife.com Phone(416) 926-3000Fax416-926-5657Employees40,000Year Founded1887Price Target and Rating Average Stock Price Target$37.50 High Stock Price Target$40.00 Low Stock Price Target$35.00 Potential Upside/Downside+16.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$2.07 Trailing P/E Ratio15.52 Forward P/E Ratio11.81 P/E Growth1.17Net Income$4.05 billion Net Margins9.79% Pretax Margin12.88% Return on Equity16.11% Return on Assets0.77% Debt Debt-to-Equity Ratio0.14 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$48.71 billion Price / Sales1.16 Cash Flow$3.35 per share Price / Cash Flow9.60 Book Value$18.82 per share Price / Book1.71Miscellaneous Outstanding Shares1,751,879,000Free Float1,751,178,000Market Cap$56.29 billion OptionableOptionable Beta1.08 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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