Manulife Financial Corporation (MFC)

NYSE: MFC · IEX Real-Time Price · USD
17.70
0.06 (0.34%)
At close: May 20, 2022 4:00 PM
17.86
0.16 (0.90%)
After-hours:May 20, 2022 7:48 PM EDT
Market Cap34.06B
Revenue (ttm)47.45B
Net Income (ttm)7.20B
Shares Out1.92B
EPS (ttm)3.64
PE Ratio4.87
Forward PE6.97
Dividend$0.82 (4.64%)
Ex-Dividend DateMay 24, 2022
Volume15,275,401
Open17.75
Previous Close17.64
Day's Range17.17 - 17.81
52-Week Range16.63 - 22.19
Beta1.19
AnalystsBuy
Price Target24.13 (+36.3%)
Earnings DateMay 11, 2022

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...

IndustryInsurance
IPO DateSep 23, 1999
CEODonald Guloien
Employees38,000
Stock ExchangeNYSE
Ticker SymbolMFC
Full Company Profile

Financial Performance

In 2021, MFC's revenue was 61.82 billion, a decrease of -21.65% compared to the previous year's 78.91 billion. Earnings were 7.11 billion, an increase of 21.02%.

Financial numbers in millions CADFinancial Statements

Analyst Forecast

According to 19 analysts, the average rating for MFC stock is "Buy." The 12-month stock price forecast is 24.13, which is an increase of 36.33% from the latest price.

Price Target
$24.13
(36.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why Manulife Financial (MFC) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Manulife Financial (MFC) have what it takes?

2 days ago - Zacks Investment Research

7 Retirement Stocks for Steady Long-Term Income Growth

Investors looking for retirement stocks should look for companies with high growth and steady income and shun risky, unproven stocks. The post 7 Retirement Stocks for Steady Long-Term Income Growth appe...

Other symbols:ABBVASXBCEMOMRKPRU
5 days ago - InvestorPlace

What's Going On With Manulife Financial Shares Today

BMO Capital analyst Tom MacKinnon downgraded Manulife Financial Corp (TSX: MFC) (NYSE: MFC) to Market Perform from Outperform, citing weak 1Q22 results and disappointing IFRS17 disclosure. The analyst a...

1 week ago - Benzinga

Manulife (MFC) Q1 Earnings Lag Estimates, Asia Business Soft

Manulife (MFC) Q1 results reflect lower new business gains in Asia, the unfavorable impact of markets on seed money investments in new segregated and mutual funds and lower in-force earnings in U.S. Ann...

1 week ago - Zacks Investment Research

Manulife Financial (MFC) Q1 Earnings and Revenues Miss Estimates

Manulife (MFC) delivered earnings and revenue surprises of -7.58% and 20.55%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Manulife, Sun Life see 1st-qtr earnings decline; Asia COVID challenges weigh

Canada's biggest life insurers, Manulife Financial and Sun Life Financial on Wednesday reported core earnings fell from a year ago as the COVID-19 pandemic took a toll on their Asian earnings, with Manu...

Other symbols:SLF
1 week ago - Reuters

Manulife reports 1Q22 net income of $3.0 billion, core earnings of $1.6 billion, APE sales of $1.6 billion, and Globa...

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 conjuncti...

1 week ago - PRNewsWire

Manulife Financial (MFC) Earnings Expected to Grow: Should You Buy?

Manulife (MFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago - Zacks Investment Research

Are You Looking for a High-Growth Dividend Stock? Manulife Financial (MFC) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Manulife Financial (MFC) have what it takes?

2 weeks ago - Zacks Investment Research

Manulife Investment Management releases second annual stewardship report emphasizing key aspects for sustainable inve...

BOSTON and LONDON , April 28, 2022 /PRNewswire/ - Manulife Investment Management recently announced  the release of its second annual stewardship report. The report details the firm's continued commitme...

3 weeks ago - PRNewsWire

3 Value Stocks to Buy This Earnings Season

These are the best value stocks to invest in now. MFC, WES, and WLK can make great investments in the coming months.

Other symbols:WESWLK
3 weeks ago - InvestorPlace

Manulife hosts Author Soledad O'Brien to build on company's commitment to advancing Diversity, Equity and Inclusion j...

Fireside chat with O'Brien and Manulife's Global Chief Diversity, Equity and Inclusion Officer, Michelle Taylor-Jones fostered candid dialogue with colleagues to drive inclusiveness and understanding C$...

3 weeks ago - PRNewsWire

7 Dividend Stocks Paying Over 5% to Buy Now

Stock markets will return less this year as interest rates rise and cause a recession, so investors should demand higher yield. The post 7 Dividend Stocks Paying Over 5% to Buy Now appeared first on Inv...

Other symbols:DVNGILDHMCRIOSCCOVALE
3 weeks ago - InvestorPlace

Here's Why Manulife Financial (MFC) Stock is an Attractive Bet

Manulife Financial (MFC) stands to benefit from strategic partnerships, higher margins in annuities and international business, robust capital position and effective capital deployment.

1 month ago - Zacks Investment Research

MFC vs. BRP: Which Stock Is the Better Value Option?

MFC vs. BRP: Which Stock Is the Better Value Option?

Other symbols:BRP
1 month ago - Zacks Investment Research

This is Why Manulife Financial (MFC) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Manulife Financial (MFC) have what it takes?

1 month ago - Zacks Investment Research

U.S. economy is going into a material slowdown: Manulife chief economist Frances Donald

Frances Donald, Manulife chief economist, joins 'The Exchange' to explain why she believes the Fed can't tighten as much as they would like due to sky-high inflation. For access to live and exclusive vi...

1 month ago - CNBC Television

Manulife Investment Management announces new principles for timberland and agriculture carbon projects

US$ unless otherwise stated                                          TSX/NYSE/PSE: MFC     SEHK: 945  Sees carbon as integrated value driver for investors BOSTON , April 6, 2022 /PRNewswire/ - Manulife ...

1 month ago - PRNewsWire

The Yield Curve Is Lighting a Fire Under Insurance Stocks

As the great Canadian hockey player Wayne Gretzky said, "To do well in the game you have to skate to where the puck is going to go next, not where it is right now." The same is true with investing.

Other symbols:AFLGLLNCMETPRU
1 month ago - GuruFocus

Manulife's Management Information Circular and Annual Report Now Available

C$ unless otherwise stated                                            TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO, March 25, 2022 /PRNewswire/ - Manulife's Management Information Circular and 2021 Annual Re...

1 month ago - PRNewsWire

Should You Retain Manulife Financial (MFC) in Your Portfolio?

Manulife Financial (MFC) stands to benefit from strategic partnerships, in-force business growth in Canada and Asia and effective capital deployment.

2 months ago - Zacks Investment Research

Manulife (MFC) Down 10.6% Since Last Earnings Report: Can It Rebound?

Manulife (MFC) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

Manulife hosts Nobel Laureate, Malala Yousafzai for a conversation about education, empowerment, and the importance o...

C$ unless otherwise stated                                                               TSX/NYSE/PSE: MFC     SEHK: 945 Fireside chat with Malala Yousafzai and Manulife CEO Roy Gori built on company's ...

2 months ago - PRNewsWire

Manulife Investment Management launches latest Global Intelligence: inflection points

US$ unless otherwise stated                             TSX/NYSE/PSE: MFC   SEHK: 945  Contextualizes the Russia-Ukraine conflict for the medium-term Discusses carbon reduction through the lens of net-z...

2 months ago - PRNewsWire

Why Manulife Financial (MFC) is a Top Momentum Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

2 months ago - Zacks Investment Research