Manulife Financial Corporation (MFC)

NYSE: MFC · IEX Real-Time Price · USD
26.69
+0.30 (1.14%)
May 17, 2024, 4:00 PM EDT - Market closed
1.14%
Market Cap 48.30B
Revenue (ttm) 24.93B
Net Income (ttm) 3.13B
Shares Out 1.81B
EPS (ttm) 1.70
PE Ratio 15.67
Forward PE 7.05
Dividend $1.23 (4.60%)
Ex-Dividend Date May 21, 2024
Volume 1,435,206
Open 26.44
Previous Close 26.39
Day's Range 26.31 - 26.81
52-Week Range 17.07 - 26.81
Beta 1.10
Analysts Buy
Price Target 34.00 (+27.39%)
Earnings Date May 8, 2024

About 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 secu... [Read more]

Sector Financials
IPO Date Sep 23, 1999
Employees 40,000
Stock Exchange NYSE
Ticker Symbol MFC
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for MFC stock is "Buy." The 12-month stock price forecast is $34.0, which is an increase of 27.39% from the latest price.

Price Target
$34.0
(27.39% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Manulife/John Hancock Enters Five-Year, Multimillion Dollar Research Collaboration with MIT AgeLab to Drive Longevity Innovation and Research

Announces longevity preparedness research; builds on insurer's commitment to help people live longer, healthier, better lives BOSTON , May 14, 2024 /PRNewswire/ - John Hancock, along with its Toronto-...

4 days ago - PRNewsWire

Manulife Announces Election of Directors

C$ unless otherwise stated                                         TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , May 9, 2024 /PRNewswire/ - Manulife Financial Corporation (Manulife) announced today that e...

9 days ago - PRNewsWire

Manulife declares preferred share dividends

C$ unless otherwise stated                          TSX/NYSE/PSE: MFC   SEHK: 945 TORONTO , May 8, 2024 /PRNewswire/ - Manulife's Board of Directors today announced quarterly shareholders' dividends o...

10 days ago - PRNewsWire

Manulife declares common share dividend

C$ unless otherwise stated                          TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , May 8, 2024 /PRNewswire/ - Manulife's Board of Directors today announced a quarterly common shareholders' ...

10 days ago - PRNewsWire

Manulife Reports First Quarter 2024 Results

TSX/NYSE/PSE: MFC SEHK: 945                                                                               C$ unless otherwise stated TORONTO , May 8, 2024 /PRNewswire/ - Manulife Financial Corporation...

10 days ago - PRNewsWire

Manulife Amends its Normal Course Issuer Bid to Repurchase for Cancellation up to an Additional 40 Million of its Common Shares

C$ unless otherwise stated                             TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , May 7, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") announced today that the Toronto...

11 days ago - PRNewsWire

Manulife Investment Management Announces Forest Climate Fund's Second Close Bringing Total Commitments Up to $334.5 Million

BOSTON , April 26, 2024 /PRNewswire/ - Manulife Investment Management, the world's largest manager of natural capital with over $16 billion in assets under management in timberland and agriculture com...

22 days ago - PRNewsWire

Manulife Financial Corporation announces Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 15

C$ unless otherwise stated                                         TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , April 25, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced t...

23 days ago - PRNewsWire

Manulife to Release First Quarter 2024 Results

C$ unless otherwise stated                                            TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , April 24, 2024 /PRNewswire/ - Manulife Financial Corporation will release its first quar...

24 days ago - PRNewsWire

Manulife Investment Management Closes Manulife Strategic Secondaries Fund L.P. as GP-led Secondary Program Reaches More Than $600 Million

US$ unless otherwise stated BOSTON , April 4, 2024 /PRNewswire/ - Manulife Investment Management (Manulife IM) today announced the final closing of Manulife Strategic Secondaries Fund L.P. (the fund).

6 weeks ago - PRNewsWire

Manulife Investment Management Completes Acquisition of CQS

LONDON and TORONTO , April 3, 2024 /PRNewswire/ - Manulife Investment Management announced today it has closed on the previously announced agreement to acquire multi-sector alternative credit manager ...

6 weeks ago - PRNewsWire

Manulife Closes Largest Canadian Universal Life Reinsurance Transaction with RGA

TSX/NYSE/PSE: MFC SEHK: 945                                                                                   C$ unless otherwise stated TORONTO , April 2, 2024 /PRNewswire/ - Manulife announced today...

6 weeks ago - PRNewsWire

Manulife's Franklin: Investors should factor geopolitical risks, including India-China border

Manulife's Marc Franklin says that investors are “not comfortable with the status quo” and would likely lead to “coordinated pressure” in the markets. He discusses with Haslinda Amin on Bloomberg Mark...

7 weeks ago - Bloomberg Markets and Finance

Manulife's Management Information Circular and Annual Report Now Available

C$ unless otherwise stated                                            TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , March 22, 2024 /PRNewswire/ - Manulife's Management Information Circular and 2023 Annual...

2 months ago - PRNewsWire

Manulife announces additions to its Board of Directors

TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , March 5, 2024 /PRNewswire/ - Manulife announced today that Mike Durland and Don Kanak have been appointed to its Board of Directors, effective March 5, 2024, ...

2 months ago - PRNewsWire

Manulife Investment Management Announces Close of $752 Million Manulife Capital Partners VII, L.P.

US$ unless otherwise stated                                      BOSTON , March 5, 2024 /PRNewswire/ - Manulife Investment Management announced today the final close of Manulife Capital Partners VII, ...

2 months ago - PRNewsWire

Manulife to host Investor Day in Asia

TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 29, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") is hosting an Investor Day event in Hong Kong and Jakarta from June 25 to 27, 2024. The e...

2 months ago - PRNewsWire

Global Atlantic Closes $10 Billion Block Reinsurance Transaction with Manulife across both US and Japan Business

NEW YORK--(BUSINESS WIRE)--Global Atlantic Financial Group (“Global Atlantic”), a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, today annou...

3 months ago - Business Wire

Manulife Closes Milestone Reinsurance Transaction with Global Atlantic

C$ unless otherwise stated                                                                 TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , Feb. 22, 2024 /PRNewswire/ - February 22, 2024 – Manulife announced...

3 months ago - PRNewsWire

Manulife announces Subordinated Debenture issue

C$ unless otherwise stated                                  TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO, Feb. 20, 2024 /PRNewswire/ - Manulife Financial Corporation ("MFC") announced today that it intends...

3 months ago - PRNewsWire

Manulife announces Normal Course Issuer Bid

C$ unless otherwise stated                             TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , Feb. 20, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") announced today that it has re...

3 months ago - PRNewsWire

Manulife files 2023 Audited Annual Financial Statements and Related MD&A

C$ unless otherwise stated                          TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , Feb. 14, 2024 /PRNewswire/ - Manulife Financial Corporation has filed its 2023 audited annual financial st...

3 months ago - PRNewsWire

Manulife increases common shareholders' dividend by 9.6%

C$ unless otherwise stated                               TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , Feb. 14, 2024 /PRNewswire/ - Manulife's Board of Directors today announced an increase of 9.6% or 3.5...

3 months ago - PRNewsWire

Manulife Reports Full Year and Fourth Quarter 2023 Results

TSX/NYSE/PSE: MFC SEHK: 945                                                                                C$ unless otherwise stated TORONTO , Feb. 14, 2024 /PRNewswire/ - Manulife Financial Corporat...

3 months ago - PRNewsWire

Manulife Investment Management Names Anne Valentine Andrews as Global Head of Private Markets

Global asset management and alternatives investing leader  to join world's largest natural capital investment manager March 4 TORONTO , Feb. 6, 2024 /PRNewswire/ - Manulife Investment Management (Manu...

3 months ago - PRNewsWire