Manulife Financial Corporation (MFC)
| Market Cap | 34.59B |
| Revenue (ttm) | 21.16B |
| Net Income (ttm) | 3.96B |
| Shares Out | 1.85B |
| EPS (ttm) | 2.10 |
| PE Ratio | 8.92 |
| Forward PE | 7.62 |
| Dividend | $1.02 (5.44%) |
| Ex-Dividend Date | May 23, 2023 |
| Volume | 2,377,953 |
| Open | 18.74 |
| Previous Close | 18.50 |
| Day's Range | 18.50 - 18.88 |
| 52-Week Range | 14.92 - 20.40 |
| Beta | 1.12 |
| Analysts | Buy |
| Price Target | 28.00 (+49.41%) |
| Earnings Date | May 10, 2023 |
About MFC
Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in Asia, Canada, the United States, 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 provides mutual funds and exchange-traded funds, group retirement and savings products, and institutional asset management services through agents and brokers affiliated with the company, securities bro... [Read more]
Financial Performance
In 2022, MFC's revenue was 17.15 billion, a decrease of -72.26% compared to the previous year's 61.82 billion. Earnings were 7.03 billion, an increase of 2.09%.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for MFC stock is "Buy." The 12-month stock price forecast is $28.0, which is an increase of 49.41% from the latest price.
News
Manulife Financial Corporation announces Dividend Rates on Non-cumulative Rate Reset Class 1 Shares Series 25 and Non-cumulative Floating Rate Class 1 Shares Series 26
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , May 23, 2023 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today annou...
Manulife Investment Management signs definitive agreement to acquire a controlling interest in data center platform Serverfarm
Acquisition will accelerate global expansion of Serverfarm's portfolio and drive innovation to better serve customer requirements BOSTON and LOS ANGELES , May 19, 2023 /PRNewswire/ - Manulife Investme...
John Hancock Retirement launches dynamic default investment feature to help participants address more complex financial needs and prepare for retirement
TSX/NYSE/PSE: MFC SEHK: 945 BOSTON , May 17, 2023 /PRNewswire/ - John Hancock Retirement has launched a dynamic investment feature available to new clients converting from an existing plan to bette...
Manulife Announces Election of Directors
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , May 11, 2023 /PRNewswire/ - Manulife Financial Corporation (Manulife) announced today th...
Manulife declares preferred share dividends
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , May 10, 2023 /PRNewswire/ - Manulife's Board of Directors today announced quarterly shareholders' divid...
Manulife declares common share dividend
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , May 10, 2023 /PRNewswire/ - Manulife's Board of Directors today announced a quarterly common sharehol...
Manulife reports 1Q23 net income attributed to shareholders of $1.4 billion, core earnings of $1.5 billion, strong core EPS growth and core ROE, and Global Wealth and Asset Management net inflows of $4.4 billion
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 This earnings news release for Manulife Financial Corporation ("Manulife" or the "Company") should be read in conjunc...
Manulife IM Sees Lack of Risk Premium Across Most Risk Assets
Marc Franklin, senior portfolio manager, multi asset solutions, at Manulife Investment Management, discusses the risks he sees in financial markets, and the prospects for China's economy. He speaks wi...
Manulife Investment Management announces global heads of institutional and retail channels, bringing investors the benefits of global investment acumen and scale
Andrew G. Arnott appointed to global head of retail Colin Fitzgerald joins as global head of institutional BOSTON and LONDON , May 3, 2023 /PRNewswire/ - Manulife Investment Management, the global wea...
Manulife to Release First Quarter 2023 Financial Results
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , April 26, 2023 /PRNewswire/ - Manulife Financial Corporation will release its first quar...
Manulife Financial Corporation announces Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 25
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , April 25, 2023 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced th...
Manulife releases updated statistical information package template reflecting adoption of IFRS 17 and IFRS 9
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , April 20, 2023 /PRNewswire/ - Manulife has released an updated template for its statistical...
Manulife announces intention to redeem 3.317% Fixed/Floating Subordinated Debentures
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , April 4, 2023 /PRNewswire/ - Manulife Financial Corporation ("MFC") today announced its ...
Manulife's Management Information Circular and Annual Report Now Available
TORONTO, March 24, 2023 /PRNewswire/ - Manulife's Management Information Circular and 2022 Annual Report are being delivered to shareholders and are now available at manulife.com.
Manulife completes Subordinated Debenture offering
TORONTO, March 10, 2023 /PRNewswire/ - Manulife Financial Corporation ("MFC") has successfully completed its previously announced offering of $1,200,000,000 principal amount of 5.409% fixed/floating s...
Manulife announces Subordinated Debenture issue
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , March 7, 2023 /PRNewswire/ - Manulife Financial Corporation ("MFC") announced today that it intend...
Manulife Financial Corporation announces results of Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 11
TORONTO, March 7, 2023 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced that after having taken into account all election notices received by the March 6, 2023 deadline for c...
Brooks Tingle Appointed President and CEO of John Hancock in Leadership Succession Plan
Marianne Harrison to Retire After Twenty Distinguished Years at Manulife and Five as President and CEO of John Hancock TSX/NYSE/PSE: MFC SEHK: 945 BOSTON , March 3, 2023 /PRNewswire/ -- Today, John...
John Hancock expands access to Galleri®, GRAIL's breakthrough cancer screening technology
Carrier previously became the first life insurer to offer access to the Galleri test through a pilot in 2022 TSX/NYSE/PSE: MFC SEHK: 945 BOSTON , Feb. 23, 2023 /PRNewswire/ -- Today, John Hancock , a ...
Manulife Financial Corporation announces Dividend Rates on Non-cumulative Rate Reset Class 1 Shares Series 11 and Non-cumulative Floating Rate Class 1 Shares Series 12
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 21, 2023 /PRNewswire/ - Manulife Financial Corporation ("Ma...
Manulife announces Normal Course Issuer Bid
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 21, 2023 /PRNewswire/ - Manulife Financial Corporation ("Manulife") announced today that...
Manulife reports 2022 net income of $7.3 billion, core earnings of $6.2 billion, remittances of $6.9 billion and a dividend increase of 11%
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 This earnings news release for Manulife Financial Corporation ("Manulife" or the "Company") should be read in conjunction with the C...
Manulife increases common shareholders' dividend by 11%
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 15, 2023 /PRNewswire/ - Manulife's Board of Directors today announced an increase of 11% or 3.5 ...
Manulife to Release Fourth Quarter and Year End 2022 Financial Results
TORONTO, Feb. 1, 2023 /PRNewswire/ - Manulife Financial Corporation will release its fourth quarter and year end 2022 financial results after market close on Wednesday, February 15, 2023, which will b...
Manulife Financial Corporation announces Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 11
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Jan. 31, 2023 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced that it does not ...