Manulife Financial Corporation (MFC)
| Market Cap | 47.46B |
| Revenue (ttm) | 24.93B |
| Net Income (ttm) | 3.13B |
| Shares Out | 1.80B |
| EPS (ttm) | 1.70 |
| PE Ratio | 15.58 |
| Forward PE | 6.93 |
| Dividend | $1.23 (4.65%) |
| Ex-Dividend Date | May 21, 2024 |
| Volume | 1,290,344 |
| Open | 26.33 |
| Previous Close | 26.30 |
| Day's Range | 26.11 - 26.58 |
| 52-Week Range | 17.07 - 26.89 |
| Beta | 1.09 |
| Analysts | Strong Buy |
| Price Target | 36.00 (+36.21%) |
| Earnings Date | Aug 7, 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]
Analyst Forecast
According to 3 analysts, the average rating for MFC stock is "Strong Buy." The 12-month stock price forecast is $36.0, which is an increase of 36.21% from the latest price.
News
Manulife Investment Management Announces Industrial Outdoor Storage Venture with Foundry Commercial
BOSTON , June 27, 2024 /PRNewswire/ - Manulife Investment Management (Manulife IM) has announced a strategic partnership with Foundry Commercial to acquire, develop, and lease industrial outdoor stora...
Manulife CFO discusses the insurer's business outlook and new financial targets
Colin Simpson, CFO of Manulife says the biggest improvement for the business is going to come from Asia, asset management and wealth business as he speaks to CNBC at the sidelines of their investor da...
Manulife hosts Investor Day 2024, raising the bar on new financial targets
TSX/NYSE/PSE: MFC SEHK: 945 C$ unless otherwise stated TORONTO, June 24, 2024 /PRNewswire/ - Manulife Financial Corporatio...
Manulife announces intention to redeem 3.049% Fixed/Floating Subordinated Debentures
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , June 24, 2024 /PRNewswire/ - Manulife Financial Corporation ("MFC") today announced its intention to red...
Manulife Digital Transformation Strategy Analysis Report 2024: Accelerators, Incubators, Technology Centers and Other Innovation Programs
Dublin, June 18, 2024 (GLOBE NEWSWIRE) -- The "Manulife Financial Corp. (Manulife) - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering.
Manulife and World Economic Forum Launch the Prospering in Longevity Challenge to Drive Health and Financial Resiliency
Multi-year partnership taking steps to help shape the future and funding of human longevity innovation TORONTO , June 17, 2024 /PRNewswire/ - Manulife and the World Economic Forum ("the Forum"), toda...
Manulife Financial Corporation to Issue S$500 million 4.275% Subordinated Notes Due 2034
TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , June 11, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") announced today that it has priced an offering in Singapore of S$500 million principa...
India's robust economic growth will remain: Manulife Investment Management
Rana Gupta of Manulife Investment Management discusses the outlook for India's economy in light of its new coalition government.
Manulife Financial Corporation announces results of Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 15
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , June 5, 2024 /PRNewswire/ - Manulife Fi...
Manulife CEO on Long-Term Care, Growth Strategy and Asia
Manulife President and CEO Roy Gori discusses the company's exposure to long-term care, growth strategy and Asian business with Katie Greifeld on Bloomberg Television. -------- More on Bloomberg Telev...
Manulife Financial Corporation announces Dividend Rates on Non-cumulative Rate Reset Class 1 Shares Series 15 and Non-cumulative Floating Rate Class 1 Shares Series 16
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , May 21, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today an...
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-...
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...
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...
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' ...
Manulife Reports First Quarter 2024 Results
TSX/NYSE/PSE: MFC SEHK: 945 C$ unless otherwise stated TORONTO , May 8, 2024 /PRNewswire/ - Manulife Financial Corporation...
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...
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 $16 billion in assets under management in timberland and agriculture com...
Manulife Financial Corporation announces Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 15
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , April 25, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced t...
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...
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).
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 ...
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...
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...
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...