Manulife Financial Corporation (MFC)

NYSE: MFC · Real-Time Price · USD
32.17
-0.12 (-0.36%)
At close: Nov 20, 2024, 4:00 PM
32.30
+0.13 (0.40%)
Pre-market: Nov 21, 2024, 5:35 AM EST
-0.36%
Market Cap 56.33B
Revenue (ttm) 22.27B
Net Income (ttm) 3.77B
Shares Out 1.75B
EPS (ttm) 2.09
PE Ratio 15.39
Forward PE 11.33
Dividend $1.18 (3.66%)
Ex-Dividend Date Aug 21, 2024
Volume 4,708,981
Open 32.18
Previous Close 32.29
Day's Range 31.78 - 32.30
52-Week Range 18.91 - 33.07
Beta 1.06
Analysts Strong Buy
Price Target 37.50 (+16.57%)
Earnings Date Nov 6, 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 "Strong Buy." The 12-month stock price forecast is $37.5, which is an increase of 16.57% from the latest price.

Price Target
$37.5
(16.57% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Manulife Financial Corporation announces Dividend Rates on Non-cumulative Rate Reset Class 1 Shares Series 17 and Non-cumulative Floating Rate Class 1 Shares Series 18

C$ unless otherwise stated                                                                                   TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , Nov. 20, 2024 /PRNewswire/ - Manulife Financial C...

12 hours ago - PRNewsWire

Manulife Financial: Continued Strength In Asia Drives Growth And ROE Expansion

Manulife Financial Q3'24 results highlight solid growth, especially in Asia and wealth management, with core earnings rising 4% year-over-year and improved return on equity. The Asia segment delivered...

21 hours ago - Seeking Alpha

Manulife Investment Management's top plays in India

Manulife Investment Management's Rana Gupta likes large private sector banks as they remain profitable, and quick commerce companies that managed to defy a poor consumer season. He does see a risk of ...

1 day ago - CNBC International TV

Manulife President & CEO Roy Gori Announces His Intention to Retire in May 2025

C$ unless otherwise stated                                            TSX/NYSE/PSE: MFC     SEHK: 945 Board names Phil Witherington, Manulife Asia CEO, as Successor TORONTO , Nov. 18, 2024 /PRNewswire...

2 days ago - PRNewsWire

Manulife Investment Management aligns capabilities across regions under the newly created role of Global Emerging Market Equities CIO

TORONTO , Nov. 8, 2024 /PRNewswire/ - Manulife Investment Management today announced enhancement to its equity organization in leveraging expertise across its Asia and Emerging Markets teams to improv...

12 days ago - PRNewsWire

Manulife Financial Corporation (MFC) Q3 2024 Earnings Call Transcript

Manulife Financial Corporation (NYSE:MFC) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Hung Ko - Vice President of Investor Relations Roy Gori - President & Chief...

13 days ago - Seeking Alpha

Manulife declares preferred share dividends

C$ unless otherwise stated       TSX/NYSE/PSE: MFC  SEHK: 945 TORONTO , Nov. 6, 2024 /PRNewswire/ - Manulife's Board of Directors today announced quarterly shareholders' dividends on the following non...

14 days ago - PRNewsWire

Manulife declares common share dividend

C$ unless otherwise stated             TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Nov. 6, 2024 /PRNewswire/ - Manulife's Board of Directors today announced a quarterly common shareholders' dividend of $0.4...

14 days ago - PRNewsWire

Manulife Reports Third Quarter 2024 Results

TSX/NYSE/PSE: MFC SEHK: 945 C$ unless otherwise stated TORONTO , Nov. 6, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife" or the "Company") reported its third quarter results for the per...

14 days ago - PRNewsWire

Manulife: Despite Strong Fundamentals, It's Time To Take Profits

Manulife Financial Corporation is an insurance company with strong fundamentals and good growth prospects, namely due to its large exposure to Asia. Its operating performance has been positive, and th...

20 days ago - Seeking Alpha

Manulife Financial Corporation announces Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 17

C$ unless otherwise stated                                         TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , Oct. 28, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced th...

23 days ago - PRNewsWire

Manulife to Release Third Quarter 2024 Results

C$ unless otherwise stated                                            TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , Oct. 23, 2024 /PRNewswire/ - Manulife Financial Corporation will release its third quart...

4 weeks ago - PRNewsWire

Manulife and World Economic Forum Announce Winners in 'Prospering in Longevity Challenge' to Drive Health and Financial Resiliency 

Manulife gives half a million dollars in prize money to challenge winners to help accelerate their mission to enable people to live healthier, more prosperous lives  BOSTON , Oct. 16, 2024 /PRNewswire...

5 weeks ago - PRNewsWire

Manulife: geopolitical tensions start to affect traditional supply chains and trade

Marc Franklin of Manulife Investment Management says certain sectors must factor in more uncertainties in the geopolitical tensions in the future.

6 weeks ago - CNBC International TV

Manulife Financial Corporation (MFC) Opens the Market

Toronto, Ontario--(Newsfile Corp. - October 4, 2024) - Roy Gori, President and Chief Executive Officer, Manulife Financial Corporation (TSX: MFC) ("Manulife" or the "Company"), and other featured gues...

6 weeks ago - Newsfile Corp

Manulife announces intention to redeem Singapore dollar 3.00% Subordinated Notes

C$ unless otherwise stated                                               TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , Sept. 26, 2024 /PRNewswire/ - Manulife Financial Corporation ("MFC") today announced ...

7 weeks ago - PRNewsWire

Manulife Wealth and Conquest Planning Bring Personalized Financial Planning Tools to Advisors

WINNIPEG, Manitoba--(BUSINESS WIRE)-- #AI--Conquest Planning and Manulife Wealth partner to allow advisors to deliver personalized advice and an elevated client service.

2 months ago - Business Wire

Manulife Financial: Dividend Powerhouse With High Growth Potential

Manulife Financial offers strong growth potential with a focus on higher-margin segments like Asia and Global Wealth & Asset Management. MFC boasts a solid balance sheet, a 4.4% dividend yield, and a ...

2 months ago - Seeking Alpha

Manulife Financial Corporation (MFC) Presents at 25th Scotiabank Financials Summit Conference (Transcript)

Start Time: 13:30 January 1, 0000 2:00 PM ET Manulife Financial Corporation (NYSE:MFC) 25th Scotiabank Financials Summit Conference September 05, 2024, 13:30 AM ET Company Participants Roy Gori - Pre...

2 months ago - Seeking Alpha

Manulife: Fed needs to see growth slowdown for steeper rate cuts

Marc Franklin, Managing Director at Manulife Investment Management sees a clear slowdown in hiring in the U.S., justifying September's rate cut. He predicts continued tension between the Fed and marke...

2 months ago - CNBC International TV

Manulife Investment Management: Indian industrials are overvalued

Rana Gupta, Managing Director of Indian Equities at Manulife Investment Management discusses the performance and outlook of public sector banks in India, warns against investing in overvalued Indian i...

2 months ago - CNBC International TV

Manulife Investment Management Shares Analysis and Investment Insights within Natural Capital, TCFD and SRI Reports

TORONTO , Aug. 21, 2024 /PRNewswire/ - Manulife Investment Management (Manulife IM), the world's largest manager of natural capital with over $16 billion in assets under management in timberland and a...

3 months ago - PRNewsWire

Manulife Financial: A Great Long-Term Hold In The Canadian Lifeco Space

Manulife Financial Corporation is a global financial services powerhouse with a significant presence in Asia and wealth management, serving 35 million customers. Shares have increased 23% year to date...

3 months ago - Seeking Alpha

Manulife Financial (MFC) Q2 2024 Earnings Call Transcript

Manulife Financial (NYSE:MFC) Q2 2024 Earnings Conference Call August 8, 2024 8:00 AM ET Company Participants Roy Gori - President & CEO Colin Simpson - CFO Phil Witherington - President & CEO, Manul...

3 months ago - Seeking Alpha

Manulife Reports Second Quarter 2024 Results

TSX/NYSE/PSE: MFC SEHK: 945                                                                               C$ unless otherwise stated TORONTO , Aug. 7, 2024 /PRNewswire/ - Manulife Financial Corporatio...

3 months ago - PRNewsWire